Topics tagged with 'Energy'
Contact Energy to build a new geothermal plant at Wairakei
21 Nov 2024
Contact Energy has announced a significant investment in the redevelopment of its Wairakei geothermal power station.
Why (and how) I’m taking the two tonne challenge
15 Nov 2024
OPINION: By Emily Mabin Sutton | To meet our “fair share” of international climate targets, every person on Earth needs to emit less than 2.5 tonnes of carbon each year by 2030. But what does this look like in reality in New Zealand?
Govt ring-fences $60 million to investigate new geothermal energy
14 Nov 2024
The government is putting aside $60 million to investigate new geothermal energy generation technology, which has the potential to boost renewable energy output and slash emissions.
The world’s best hope to beat climate change is vanishing
13 Nov 2024
To have a chance against global warming, key economies and industries need to hit crucial emissions targets by 2030. They’re far off track.
Legislation to bring back oil and gas exploration advances
12 Nov 2024
The controversial bill to restart oil and gas exploration completed its second reading in Parliament last week after being reported back from select committee.
COP29 chief exec filmed promoting fossil fuel deals
11 Nov 2024
A senior official at COP29 climate change conference in Azerbaijan appears to have used his role to arrange a meeting to discuss potential fossil fuel deals.
Govt could make significant domestic reductions towards second NDC - but needs to hurry up
8 Nov 2024
The government could find much of the needed emissions reductions for its next Paris Agreement pledge at home – but needs to get on with it, says new analysis from the Climate Change Commission.
NZ can do better on climate policy, says auditor general
8 Nov 2024
New Zealand’s legislative framework is a strength of its response to climate change, however it is not doing so well in other areas, according to a new report.
New report spotlights how energy efficiency can reduce electricity demand
8 Nov 2024
Media release | A new report says energy efficiency has been a significant factor in subduing power demand and therefore household bills over the past 20 years.
Carbon price inching up as auction looms
7 Nov 2024
The carbon price is still inching up towards the auction floor, with the final auction for 2024 less than a month away. But the US election result means uncertain times for global environmental markets, according to an expert.
Review identifies risk to retail electricity competition
7 Nov 2024
Media release | A review of risk management options for electricity retailers by the Electricity Authority Te Mana Hiko has found that while there are a range and combination of solutions available to retailers, there is a potential risk to retail competition that the authority cannot ignore.
Electricity sector risks from climate change: analysis
6 Nov 2024
A review of the electricity sector's mandatory climate disclosures by Forsyth Barr has not changed the analysts’ investment views of the companies.
Solar’s rising shine in NZ
5 Nov 2024
Household solar and battery storage is expanding rapidly, according to Transpower.
Channel looks to energy centre - pushes out peak petrol prediction
4 Nov 2024
Channel Infrastructure has outlined ambitious plans for an energy precinct on its Marsden Point land using its infrastructure and assets to entice in other energy project developers.
Are Air New Zealand's biofuel hopes just pie in the sky?
1 Nov 2024
By Liz Kivi | Air New Zealand and LanzaJet say a study shows promising results for turning wood waste into jet fuel. However, experts say that making jet fuel from wood at an industrial scale is challenging and extremely unlikely to result in near-term emissions reductions.
US and European hydrogen stock prices collapse as prospects deflate
30 Oct 2024
Projects face lower than expected demand, regulatory uncertainties and growing investor scepticism.
Landmark court case sees activist group sue gas giant Santos for allegedly misleading investors
30 Oct 2024
Gas giant Santos told investors it had a clear plan to achieve net zero emissions by 2040 but had no evidence to back it up, the Federal Court has heard during the first morning of litigation against the gas giant.
Japanese youth sue utilities over climate impact
29 Oct 2024
A group of 16 Japanese young people is suing utility firms over their carbon emissions, in the latest case worldwide of activists using courts to press for action on climate change.
Investors are ramping up climate advocacy, with all eyes on COP29
29 Oct 2024
Investors the world over are calling on governments to use every tool in their toolbox, from fiscal carrots to regulatory sticks, to ensure industries can pivot and prosper in a clean energy future.
Offshore wind energy company pulls out of NZ
25 Oct 2024
Spanish offshore wind energy company Bluefloat has announced it is pulling out of its New Zealand projects, citing the potential clash with seabed mining off Taranaki.
A wind power crisis is holding back the world’s green energy goal
25 Oct 2024
While solar deployment is accelerating, bottlenecks in the wind industry are jeopardising the chance to meet a global target to triple renewable capacity by 2030.
Total emissions up 1.1 percent in June quarter
23 Oct 2024
Increase in the use of fossil fuels for electricity generation was the main driver behind a rise in total GHG emissions for the June quarter, according to Stats NZ.
Public EV chargers are good for business as well as the planet
23 Oct 2024
Research shows that businesses with charging stations nearby see an economic boost.
Solar surge will send coal power tumbling by 2030, IEA data reveals
22 Oct 2024
Global electricity generation from solar will quadruple by 2030 and help to push coal power into reverse, according to analysis of data from the International Energy Agency (IEA).
Toronto and Montreal move ahead with fossil fuel ad restrictions on transit
22 Oct 2024
The motions are backed by federal anti-greenwashing laws aiming to stem the tide of misinformation produced by Canada’s oil and gas industry.
Revealed: Biomass firm poised to clear Bornean rainforest for dubious ‘green’ energy
22 Oct 2024
Indonesia’s strategy for increasing renewable energy production could see Indigenous communities lose huge swathes of their forests to biomass plantations.
Govt policy statement urges Electricity Authority to keep up the pace
21 Oct 2024
The Government policy statement sent to the Electricity Authority puts an emphasis on implementing its past and current work programme as quickly as possible, while maintaining the market fundamentals.
New York officials call for big oil to be prosecuted for fueling climate disasters
21 Oct 2024
Oil majors’ conduct can constitute reckless endangerment due to fossil fuels’ effect on global heating, advocates claim.
LNG is worse for the climate than coal – new study
17 Oct 2024
A highly-anticipated peer-reviewed study finds that LNG has a greenhouse gas footprint that is 33% larger than coal. The data suggests the expansion of LNG is a major threat for the climate.
Lakes refill but concerns remain about next winter
15 Oct 2024
Lake Pūkaki returned to its long-term average storage level for the first time since May.
Gas utility sued for climate deception
15 Oct 2024
Multnomah County, Oregon, says NW Natural “engaged in an enterprise of misrepresentation” about its products’ harm to the climate.
If renewable power becomes too cheap to meter, is that a climate win?
15 Oct 2024
When any single climate fix seems too good to be true, it probably is.
Legal action filed against minister of transport over Clean Car Standard
14 Oct 2024
The Better New Zealand Trust, with the support of Lawyers for Climate Action NZ Inc, is taking the Government to court over what it says is an unlawful decision to weaken the Clean Car Standard.
Transpower backtracks on selling gas and carbon trading platform
11 Oct 2024
By Liz Kivi | Transpower has decided not to sell its gas and carbon trading platform, emsTradepoint, this year. However, the future of carbon trading on the platform is uncertain.
Renewable energy to fall short of UN goal to triple by 2030, IEA says
11 Oct 2024
Renewable energy sources are set to meet nearly half of all electricity demand by the end of the decade, but to fall short of a U.N. goal to triple capacity to reduce carbon emissions, an International Energy Agency report showed.
Genesis deal with ChargeNet gets mixed reaction
10 Oct 2024
Genesis Energy last week announced its intention to take a 65% shareholding in ChargeNet, New Zealand’s largest public electric vehicle (EV) charging network.
Can carbon credits help close coal plants?
10 Oct 2024
A few dozen kilometres from the Philippine capital Manila sits a coal plant that some hope could be a model for how developing countries can quit the polluting fossil fuel.
Australia suffers setback in green hydrogen race
10 Oct 2024
Australia’s bid to become a global hydrogen superpower has been dealt a blow, with the nation’s biggest energy utility pulling out of building a large-scale green hydrogen hub despite the project being shortlisted for a share of $2 billion of funding from the Albanese government.
Channel looks at multi-million dollar biorefinery at Marsden Point
8 Oct 2024
Channel Infrastructure is exploring a groundbreaking opportunity to transform its Marsden Point facility into a biorefinery, showcasing the potential of its real estate.
Exported gas produces far worse emissions than coal, major study finds
8 Oct 2024
New research challenges the idea that sending liquefied natural gas around the world is a cleaner alternative to burning coal.
Will carbon capture help the UK tackle climate change?
8 Oct 2024
There is a lot of rousing rhetoric today about carbon capture, following the government’s pledge of £21.7bn of public funds over the next 25 years to help kick-start the industry in the UK.
Environment the loser in govt's fast-track announcement, say critics
7 Oct 2024
Environmental groups and opposition parties are irate over the government's list of fast-track projects, with activists saying they will be "disasters" for the planet.
Carbon offset pioneer charged with $100 million fraud scheme
4 Oct 2024
US regulators say Australian national Ken Newcombe faked data for carbon credits investment. The Goldman and World Bank veteran denies the allegations but is facing up to 20 years in jail.
Barcelona is turning subway trains into power stations
4 Oct 2024
Barcelona is using its subways’ regenerative braking to power trains, stations and neighbourhood EV chargers. Could other cities do this?
What’s in it for us? Pātea pledges to mess with miners
3 Oct 2024
Seabed miners will face direct action on the waves if they are given Government fast-track approval, says Te Pāti Māori co-leader Debbie Ngarewa-Packer.
Fossil fuel dominance of India’s power mix to end by 2030, says central bank
3 Oct 2024
India's burgeoning economy continues to be overwhelmingly powered by fossil fuels including coal, but that dominance will be consigned to the history books by end of this decade, according to the country's central bank.
Govt fossil fuel plan will increase costs and emissions and won’t help energy security: Hood
2 Oct 2024
The government’s plan to restart oil and gas exploration won’t improve New Zealand’s near-term energy security challenges, and signals a long-term direction for the energy system with higher costs, less security, and higher greenhouse gas emissions, according to an expert.
Restarting oil and gas exploration risks free trade agreements: official advice
1 Oct 2024
Ministry of Foreign Affairs and Trade advice to the government says that restarting offshore oil and gas exploration is likely to breach the Free Trade Agreement between New Zealand and the European Union.
Australia’s ‘immoral’ coalmine decision akin to drowning its Pacific neighbours, Tuvalu’s climate minister declares
1 Oct 2024
Tuvalu’s climate minister says Australia’s decision to approve three coalmine expansions calls into question its claim to be a “member of the Pacific family”, and undermines the Australian case to co-host the 2026 UN climate summit with island nations.