Topics tagged with 'Energy'

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.

Controversial new fast-track bill projects still not public
8 Mar 2024
By Vernon Small | The government says its new Fast Track Approvals Bill will clear the way for faster development of sustainable energy projects, such as windfarms.

Govt still committed to 'no significant changes' to ETS
7 Mar 2024
Despite warnings from the Climate Change Commission, Climate Change minister Simon Watts says the government remains committed to no significant changes to the Emissions Trading Scheme.

One onshore petroleum exploration permit granted through tender process
6 Mar 2024
The government has granted an onshore petroleum exploration permit to Greymouth Gas Turangi.

Canned govt fund delivered emissions reductions at half current carbon price
5 Mar 2024
By Vernon Small | The effective price the government paid for carbon emissions through the GIDI fund was about half – or less – than the current NZ unit spot price of $66.05.

Commerce Commission approves Transpower grid investment
5 Mar 2024
The Commerce Commission has approved Transpower’s proposed $392.9 million investment in the national grid, and is satisfied that the identified need to strengthen the electricity transmission system over the next decade is in the long term interests of Kiwi consumers.

Tiwai Point’s future still in question
4 Mar 2024
For those waiting for news about an agreement on Tiwai Point aluminium smelter's electricity supply, there were very few smoke signals from the major companies' half-year earning results.

Genesis reflects on bad spell and the future
28 Feb 2024
Genesis Energy says it will decide by the end of the year about whether it is possible to use biomass at the Huntly power station.

Environmental Defence Society says "radical anti-environment government" could harm NZ's reputation
27 Feb 2024
The Environmental Defence Society says the government’s environmental policies could cause environmental harm as well as threaten New Zealand’s international reputation.

Contact on electricity and carbon prices
26 Feb 2024
Contact Energy said it is inevitable that retail electricity prices will have to rise in line with long term wholesale prices and is also predicting that carbon prices will rise as well.

Future of transmission and distribution networks - how to get to net zero?
20 Feb 2024
The Electricity Authority is asking whether there should be greater coordination of distribution and transmission networks.

MfE lays out issues for new minister
13 Feb 2024
Environment officials’ briefings to incoming ministers are a guarded affair with the papers outlining issues and choices, including what the new government wants to do with resource management laws, water issues, as well as climate mitigation and adaptation.

Jones looks to boost oil and gas with guarantees
7 Feb 2024
Resources minister Shane Jones’ enthusiastic ‘boosterism’ for his portfolio has manifested itself again with him musing on the possibility of government guarantees for the oil and gas sector to restore investor confidence.

Industry emissions up but GDP down
2 Feb 2024
New Zealand’s total greenhouse gas emissions are up 3% for the September 2023 quarter, according to the latest data from Stats NZ.

Rise in new renewable electricity generation projects
26 Jan 2024
Media release - A report commissioned by the Electricity Authority Te Mana Hiko shows the amount of new renewable electricity generation that has been committed has almost doubled in 18 months.

Lodestone gets green light for South Island sites
23 Jan 2024
Lodestone Energy has added three sites in Canterbury and South Canterbury to its second phase of agrivoltaic solar farms.

Gas shortage predicted in the next few years
19 Dec 2023
A report commissioned by the gas sector regulator says New Zealand is at risk of an energy shortfall within a few years as the complex interaction between supply and demand for gas tips into under-supply.