Topics tagged with 'Energy'
ComCom’s draft decision on lines and transmission networks
10 Jun 2024
The Commerce Commission’s draft decision approved large increases in regulated revenue for Transpower and lines companies due to cost increases and other pressures.
Tiwai deal could lead to multi-billion dollar govt carbon pollution subsidy
5 Jun 2024
Rio Tinto could get close to a million free carbon credits each year under its new electricity supply deal for Tiwai Point Aluminium Smelter - a government subsidy that could amount to a possible $2 billion during the 20 year life of the deal, according to campaigners.
Budget prioritises adaptation over emissions reductions
31 May 2024
The government is prioritising stop banks and floodwalls over initiatives to reduce emissions, with the $1.2bn Regional Infrastructure Fund to focus on climate resilience efforts, while hundreds of millions of dollars of funding for conservation efforts has been cut.
Climate change minister faces up to some difficult questions
30 May 2024
By Liz Kivi | The climate change minister faced some awkward questions at the Carbon and Energy Professionals conference this week, against a backdrop of falling carbon prices.
Management team working to save emsTradepoint as Transpower announces closure
27 May 2024
New Zealand’s government-owned carbon trading platform emsTradepoint is set to close, but the operations team want the platform to continue and say they are working with the state-owned entity on a management buyout.
Scion report on short rotation forestry met with scepticism
27 May 2024
A new report from Scion that says short rotation forestry holds the key to lowering fossil fuel use has been criticised by sustainable land use campaigners as well as an oil industry expert.
New govt mining strategy slammed by environmentalists and opposition
24 May 2024
Resources Minister Shane Jones has launched a draft strategy for the minerals sector which allows mining on conservation land and aims to double the sector’s export value to $2 billion.
Climate change litigation before the courts
23 May 2024
Two climate change related legal cases saw some action last week.
ETS alone won’t decarbonise NZ: businesses representing 40% of country’s GDP
22 May 2024
The Sustainable Business Council and Climate Leaders Coalition say that depending on the ETS alone to reach net zero will cause significant harm to the economy.
Battle between offshore wind developers and seabed miners
21 May 2024
A battle is developing between offshore wind developers and seabed miners over access to the South Taranaki Bight.
IEA trims 2024 oil demand growth forecast, widens gap with OPEC
21 May 2024
The International Energy Agency (IEA) trimmed its forecast for 2024 oil demand growth, widening the gap with producer group OPEC in terms of expectations for this year's global demand outlook.
Improving buildings could save NZ almost $40 billion
20 May 2024
Media release | Improving buildings could slash emissions equivalent to taking half our country’s petrol cars off the road.
Media round-up
17 May 2024
In our weekly round-up of the best climate coverage in local media: How denser housing can be greener too; carbon credits might need to be cut as NZ Steel's efficient furnace comes online; and the prime minister tips a 'robust response' to climate change in the upcoming budget.
India projects biggest power shortfall in 14 years in June
17 May 2024
India is projecting its biggest power shortfall in 14 years in June after a slump in hydropower generation, and is racing to avoid outages.
Aotearoa gives $17 million for PNG renewable energy
15 May 2024
A $17 million contribution to a renewable energy project on the Island of Bougainville is part of a $44.9 million package announced by foreign minister Winston Peter in Port Moresby earlier this week.
Govt seizes possible energy shortfall as PR opportunity?
14 May 2024
Last week was a remarkable one for the energy sector. It started with the government seizing on the latest gas data to set up a committee to ensure gas supply was maintained for “critical users”.
NZ must avoid environmental mistakes of the past: new book
14 May 2024
A new book about the Environmental Defence Society is full of salient lessons for today, including why the government’s proposed Fast-track Approvals Bill shouldn’t override environmental protections, according to its author.
Low gas production threatens energy security
8 May 2024
Media release | Simeon Brown, Minister for Energy, and Shane Jones, Minister for Resources - There has been a material decline in gas production according to figures released today by the Gas Industry Co.
BP was warned gas-driven climate change could cause ‘unprecedented famine’
8 May 2024
Yet the oil and gas major led a campaign to present gas as a climate solution, new ‘confidential’ documents released by a US Congressional investigation reveal.
EU proposes first sanctions on Russia’s LNG sector
8 May 2024
Until now, the EU hasn’t targeted Moscow’s lucrative gas sector, newly proposed sanctions would hit about a quarter of Russia’s LNG revenues.
Govt looking at policy to restrict forestry in the ETS: Watts
7 May 2024
By Liz Kivi | The government is looking at complementary policies around land use to restrict forestry in the Emissions Trading Scheme, rather than making changes directly to the scheme.
Kiwi company aims to make alternative protein from carbon emissions
6 May 2024
A New Zealand-based start-up has raised $1 million towards commercialising production of an alternative protein made with carbon emissions.
Commodities trader Marex to start carbon trading in NZ
3 May 2024
British commodities trader Marex is planning to launch a new carbon trading platform in New Zealand in the next few weeks.
Media round-up
3 May 2024
In our weekly round-up of local climate coverage: How a landmark legal victory in Europe could affect New Zealand; Iwi and business lay down a wero for the climate minister; and is Aotearoa really bringing in Indonesian coal every month just to keep the lights on?
Updated standard paves the way for introducing biomethane into existing gas pipeline network
30 Apr 2024
Media release: Gas NZ | The recent updating of the standard for reticulated natural gas by Standards New Zealand to allow for renewable gas to be injected into gas pipelines is a significant step towards New Zealand’s transition to renewable gas, GasNZ chief executive Jeffrey Clarke says.
Kiwis still don’t understand electrifying benefits
29 Apr 2024
It will come as a surprise to many in the sector that many New Zealand households still don’t understand the benefits of electrification.
No plans to exit Beyond Oil and Gas Alliance: Simon Watts
24 Apr 2024
By Jeremy Rose | New Zealand is an associate member of the Beyond Oil and Gas Alliance (BOGA) an international grouping committed to ending “new concessions, licensing or leasing rounds.”
Hiringa launches Australasia’s first zero-emissions hydrogen refuelling network
24 Apr 2024
Green hydrogen company Hiringa Energy has launched Australasia’s first zero-emissions hydrogen refuelling network.
Rain brings relief to hydro lakes
24 Apr 2024
Recent heavy rain over the southern hydro lakes has given much needed relief as the major electricity companies reported on their performance to date.
Oil bosses call phasing out fossil fuels a ‘fantasy’ – but an international agreement is plausible
24 Apr 2024
The Conversation: Amin Nasser, chief executive of the world’s largest oil company Saudi Aramco, recently called on nations to “abandon the fantasy” to phase out fossil fuels, adding that the transition to renewable energy sources is “visibly failing”. However, the latest science on climate change is unequivocal: the world must eliminate fossil fuel-based energy systems – and fast.
NZ to cooperate with Philippines on international climate target, pledges $41 million climate finance to Southeast Asia
23 Apr 2024
By Liz Kivi | New Zealand has made its first tentative step towards forging an international agreement to meet its United Nations climate target by buying offshore offsetting.
Fast-Track legislation wrong track for climate targets, say lawyers
22 Apr 2024
Fast-Track legislation will take New Zealand further off track from meeting climate change obligations - and places the country at risk of breaching them, according to Lawyers for Climate Action.
NZ agrees to cooperate on carbon markets with Singapore and Thailand
18 Apr 2024
New Zealand has signed separate partnership agreements with Singapore and Thailand, saying the countries will work together on carbon markets as one of several green economy measures.
Emissions down for 2022
18 Apr 2024
Aotearoa New Zealand’s gross greenhouse gas emissions fell by 4% in 2022, according to new figures.
Mining more coal will help pay for climate change journey: Shane Jones
17 Apr 2024
By Jeremy Rose | Resources minister Shane Jones told RNZ this morning that digging up more coal would help deliver the economic surplus required to meet the country’s climate change commitments.
Unions Wellington launches campaign to stop airport sale
15 Apr 2024
The Wellington branch of the New Zealand Council of Trade Unions is opposing Wellington City Council’s proposal to sell its 34% share in Wellington Airport.
Emissions Trading Scheme underperforming - study
12 Apr 2024
Media release | The impact of Aotearoa’s main tool in the fight against climate change could be heightened if five sectors were better regulated, according to a new study.
Net zero emissions target may need strengthening: Climate Change Commission
9 Apr 2024
By Jeremy Rose | New Zealand’s current Net Zero 2050 emissions reduction target may need to be strengthened, the Climate Change Commission says in a discussion document released yesterday.
NZ needs to electrify faster - gentailers
9 Apr 2024
MPs have agreed with concerns that if New Zealand does move faster to electrify the economy there will be consequences - including the cost of not meeting greenhouse gas emission reduction targets.
National rules out support for EV perks tax exemption
4 Apr 2024
Climate Change Minister Simon Watts has ruled out supporting a member's Bill that would exempt EVs from fringe benefit tax.
New $100m ‘green’ industrial development for Auckland
2 Apr 2024
A $100 million industrial complex under construction in Auckland will incorporate low-carbon concrete and rainwater harvesting as well as generating its own solar electricity.
Global carbon market expert to speak at Christchurch conference
28 Mar 2024
The chair of the Integrity Council for Voluntary Carbon Markets (ICVCM), Annette Nazareth, will give a keynote speech at the Carbon and Energy Professionals Conference in Christchurch in May.
Best by the rest...
28 Mar 2024
In our weekly round-up of the best climate coverage in local media: How do subsidies for one of our most popular trains compare to roads? Chloe Swarbrick wants to build a mass climate movement; and is power-hungry AI set to upend every aspect of our society?
Govt looking at reopening refinery - but it’s an extreme longshot
27 Mar 2024
New Zealand First has won through on its election pledge to look at reopening Marsden Point Oil Refinery, but the likelihood of it actually happening is so close to zero that is difficult to measure.
Minister maps out RMA reform
26 Mar 2024
The government is planning several ‘quick fixes’ to the Resource Management Act before a full reform which it intends to complete in this term of Parliament.
NZU price has greater impact on cost of electricity than petrol
21 Mar 2024
By Jeremy Rose | Counter-intuitively an increase in the price of carbon adds more to a household’s electricity bill in percentage terms than its petrol one.
Offshore wind could create 10,000 jobs and add nearly $50b to GDP - study
20 Mar 2024
Developing an offshore wind energy industry will play a critical role in helping Aotearoa meet rising demand for clean energy as well as net zero commitments, according to a new study released today.
Legal activists double down on greenwashing claims against Z Energy
20 Mar 2024
Media release | Consumer NZ, the Environmental Law Initiative and Lawyers for Climate Action NZ are doubling down on claims that Z Energy is greenwashing New Zealanders.
It’s now cheaper for Kiwis to go fully electric
18 Mar 2024
New Zealand is one of the first places in the world where electric appliances and vehicles are now more affordable than their fossil fuel equivalents, according to a new report.
Tepid market response to Commission’s advice - auction less than a week away
14 Mar 2024
By Liz Kivi | The Climate Change Commission’s call to drastically reduce Emissions Trading Scheme auction volumes has barely caused a blip on the secondary market - suggesting participants don’t think the government will follow the advice.
Urban rewilding combats global biodiversity decline
Wed 28 May 2025
Media release | A new study led by the University of Sydney reveals how cities around the world are restoring wildlife to their former habitats in the face of ongoing urban sprawl.
US dairy farmers consider return on climate-smart milk
22 May 2025
The approach is just one of many dairy practices now considered “climate-smart” because they could cut production of climate-warming gases.
Greenwashing is rife in Australia, but could its days be numbered?
Wed 28 May 2025
COMMENT: Have you ever ticked the box to “fly carbon neutral”, had something delivered via “carbon-neutral shipping” or chosen to pay a bit extra to buy “carbon-neutral gas” from your energy retailer?
Help sustainable aviation fuels take off or delay targets, airlines warn EU
20 May 2025
Earmarked funding, risk-reduction tools, and simplified imports top Airlines for Europe’s wish list for the EU’s upcoming Sustainable Transport Investment Plan.
Govt's RMA overhaul sparks fears for nature and climate
Fri 30 May 2025
By Shannon Morris-Williams | The Government has opened public consultation on the biggest overhaul of environmental planning rules in New Zealand’s history, with critics warning it puts nature and climate at risk in favour of fast-tracked development and industry expansion.
Sustainability claims questioned as renewable diesel surges
14 May 2025
Critics are sceptical about industry claims of renewable diesel life-cycle greenhouse gas emission cuts and warn renewable diesel carbon releases will surge if sourcing is scaled up, triggering tropical deforestation as producers convert forests to energy crops, such as oil palm and soy.
Govt mulls status quo for ETS auction settings
Thu 29 May 2025
By Liz Kivi | The government has released its consultation on the Climate Change Commission’s latest advice on Emissions Trading Scheme auction settings and volumes, putting forward the option to ignore the commission’s advice to boost auction volumes from 2028-2030.
Pacific Island nations support China's Taiwan claims at high-profile foreign ministers' meeting
Fri 30 May 2025
Pacific nations have backed China's claim over Taiwan during a high-profile meeting, but have shied away from directly endorsing Beijing's push to "reunify" the democratically ruled island with the mainland.
Carbon price too low to fund carbon capture
20 May 2025
The government’s climate target to 2030 is at risk, after revelations that a carbon capture project which the government was relying on to deliver one third of its carbon reductions, might not go ahead.
Fight over coal mine heats up
Fri 30 May 2025
Forest & Bird is calling on the government to create a new scientific reserve covering the Denniston Plateau on the West Coast, which would stop a fast-tracked coal mine.
Trump’s actions are already having consequences for climate, especially for the IPCC - expert
11 Apr 2025
Leading climate scientist, Dr Kevin Trenberth, left the US and came home to New Zealand because of the rise of Donald Trump. In this comment piece, he writes that he is appalled in multiple ways by the so-called “war on science” unfolding through staff cuts and the president’s policy edicts.
Owning a green home could cut mortgage payback time by two years
9 May 2025
A green certified home plus a green mortgage and associated energy bill savings could save Kiwi families up to $98,800 over the course of their mortgage - the equivalent of being mortgage-free several years early, according to new research.
Cuts to climate finance put exports in jeopardy: Lawyers
23 May 2025
By Liz Kivi | The government has halved international climate finance, a move aid organisations describe as “devastating,” and which lawyers say could put our Paris Agreement commitments and export market access at risk.
Watts talks big on energy reform, but barriers persist
Thu 29 May 2025
By Shannon Morris-Williams | Energy and Climate Change minister Simon Watts says the government is doubling down on efforts to boost renewable energy generation, streamline regulation, and drive private sector investment as New Zealand faces mounting energy security and affordability challenges.
Govt budgets $200m for would-be gas investors
23 May 2025
By Liz Kivi | Energy Resources Aotearoa has welcomed the government's plan to co-invest $200 million in fossil gas expansion, while environmental and climate groups have reacted with horror.
Glacier collapse buries most of Swiss village
Fri 30 May 2025
The Swiss village of Blatten has been partially destroyed after a huge chunk of glacier crashed down into the valley.
Oceans Commission must have teeth – minister
14 May 2025
If an Oceans Commission were to be established under the government it would need genuine powers to make change, says Minister for Oceans and Fisheries Shane Jones.
Water crisis on the horizon?
Mon 26 May 2025
Media release | Sewage contaminating Auckland oyster farms highlights the “dire state” of water infrastructure in Aotearoa, says University of Auckland Associate Professor Daniel Hikuroa.
Why expensive gas – not net-zero – is keeping UK electricity prices so high
Wed 28 May 2025
The UK’s high electricity prices have become intensely political, with competing claims over the cause of rocketing bills and how best to get them down.
Hotter and deeper: how NZ’s plan to drill for ‘supercritical’ geothermal energy holds promise and risk
2 Apr 2025
By David Dempsey, University of Canterbury | New Zealand’s North Island features a number of geothermal systems, several of which are used to generate some 1,000 MegaWatts of electricity. But deeper down there may be even more potential.
Electrification challenge for politicians, regulators
Tue 27 May 2025
Rewiring Aotearoa is calling for stronger political leadership to bring its vision of a cheaper, cleaner and stronger energy system to life, with the launch of its policy manifesto today.
Could ‘orange’ hydrogen be NZ’s key to net-zero?
Fri 30 May 2025
By Liz Kivi | New Zealand could be sitting on resources for a thriving multi-billion-dollar, low-carbon hydrogen economy, which might even be capable of creating a net reduction of carbon dioxide, according to scientists.
Energy Australia is in court accused of greenwashing. What is the case about and why is it significant?
16 May 2025
Climate group alleges energy giant misled 400,000 customers about ‘Go Neutral’ product, arguing that carbon credits don’t actually remove emissions.
Methanex closure comes early this year
14 May 2025
The almost-now-annual closure of Methanex has come earlier this year, giving more confidence that the electricity system will get through the winter without a fuel shortfall.
While govt ‘refreshes’ fund for low carbon trucks, are transport emissions set to accelerate?
Wed 28 May 2025
By Liz Kivi | The government has announced it is updating the Low Emissions Heavy Vehicle Fund, however cuts to funds to decarbonise transport in last week’s budget, and potential changes to road user charges, could stall transport emissions reductions.
Climate change could drive surge in foreclosures and lender losses, new study finds
22 May 2025
Extreme weather linked to climate change could spell financial ruin for many American homeowners and lead to billions in losses for lenders, a new study finds.
Will NZ walk away from the Paris Agreement?
20 Dec 2024
By Geoff Bertram | COMMENT: Unless the government can find very cheap offshore mitigation, the temptation to walk away from its Paris Agreement obligations may well be too strong to resist for a coalition government focused on fiscal austerity.
Energy Australia apologises to 400,000 customers and settles greenwashing legal action
22 May 2025
Energy retailer says carbon offsetting ‘not the most effective way’ to reduce emissions.
Kiwi cleantech companies on the world stage
Tue 27 May 2025
Six New Zealand 'cleantech' companies were in Singapore earlier this month, along with a venture capital firm and the MacDiarmid Institute, to meet investors and multinational partners.
Carbon News launches price index
24 Jun 2024
Today’s issue is the first to feature Carbon News’ own carbon price index for secondary market spot prices for NZUs on New Zealand’s compliance market.
New research reveals NZ’s natural resource footprint
Thu 29 May 2025
Media release | New research from the office of the Parliamentary Commissioner for the Environment reveals that about 107 million tonnes of natural resources were required to produce the goods and services consumed by New Zealanders in 2019 – approximately 21 tonnes per person on average.
World’s nations to gather in France to tackle what UN says is a global emergency in the oceans
Fri 30 May 2025
The world’s nations are gathering in France next month to tackle what the United Nations calls a global emergency facing the world’s oceans as they confront rising temperatures, plastic pollution choking marine life, and relentless overexploitation of fish and other resources.
Europe’s next climate target may already have been agreed in Berlin
Wed 28 May 2025
Germany’s new coalition has adopted a climate stance shaped by talks with the EU’s top climate official, signalling where the bloc may land on a likely upcoming 2040 emissions target.
Warm water affecting Antarctica’s largest ice shelf - new research
22 Apr 2025
While Antarctica’s Ross Ice Shelf is currently stable, new research shows warm water is reaching up to 170 kilometres under the front of the ice shelf.
NZ's first chance in 20 years to catch up on waste
Fri 30 May 2025
Media release | The government has announced proposals for updating the Waste Minimisation Act and the Litter Act. For the first time in nearly 20 years, Kiwis have a chance to catch up with other countries to reduce our waste and litter.
Dismissals 'massive win' for climate movement
13 May 2025
The outstanding charges against 25 climate activists who disrupted traffic in Wellington have been dropped, a move the group calls a win for the climate movement.
Straterra has a new name: the New Zealand Minerals Council
16 Apr 2025
Media release | Straterra has been renamed as New Zealand Minerals Council, says chief executive Josie Vidal.
For the first time, China invests more in wind and solar than coal overseas
Thu 29 May 2025
China’s Belt and Road Initiative, long derided for its heavy carbon footprint, was dominated by wind and solar power projects for the first time from 2022 to 2023, according to a new analysis. But coal plants financed in earlier years are still coming online.
A fungus that can ‘eat you from the inside out’ could spread as the world heats up
Tue 27 May 2025
Infection-causing fungi responsible for millions of deaths a year will spread significantly to new regions as the planet heats up, new research predicts — and the world is not prepared.
Green budget 'ludicrous la-la land' – govt
15 May 2025
Prime Minister Christopher Luxon said the budget was "clown show economics" and an "absolute circus".
United Nations carbon market rules agreed but concerns remain
25 Nov 2024
New carbon market rules agreed at the fractious UN climate summit will be a relief to New Zealand and Singapore, who were leading the negotiations, but concerns about greenwashing and disadvantaging nature-based solutions remain.
More than 1 in 4 cars sold globally in 2025 expected to be EV: IEA report
Mon 26 May 2025
According to the Global EV Outlook 2025 report from the International Energy Agency (IEA), 2025 is set to be big for EV sales. The report predicts that about one in four cars sold worldwide this year will be electric, despite overall market uncertainties.
Brazil seeks early deals on two stalled issues at Bonn climate talks
Mon 26 May 2025
Moving forward work on just transition and implementing recommendations from the Global Stocktake of climate progress are key priorities for upcoming UN negotiations.
Global sea levels rise spelling catastrophe for coastal towns and cities
14 May 2025
For around 2,000 years, global sea levels varied little. That changed in the 20th century. They started rising and have not stopped since — and the pace is accelerating.
Tropical forest loss hit new heights in 2024; fire a major driver in Latin America
23 May 2025
Tropical forest loss skyrocketed in 2024, with vast swaths of primary forest consumed by fire, according to new satellite data.
NZ moving too slowly to decarbonise – former commission chair
22 May 2025
By Liz Kivi | New Zealand's energy transition is too slow and too controlled by vested interests, according to former Climate Change Commission chair Rod Carr.
