Topics tagged with 'Forestry'

ETS consultation: ‘signal versus noise’ suggests eventual price rise
21 May 2024
By Murray McClintock | COMMENT: Although changing prices makes a good soundbite, the key driver of ETS prices is unit supply and demand.

Carbon price sinks to lowest in ten months
20 May 2024
The carbon price is down nearly 11% since last week, as the market reacts negatively to a government consultation suggesting weaker ETS settings.

Concern over job losses at Scion
17 May 2024
Foresters are “deeply apprehensive” over potential redundancies of scientists at Scion, with a proposed 30 jobs losses - about 10% the forestry crown research institute’s workforce.

Jury out on how ETS consultation will impact carbon market
16 May 2024
The government’s latest consultation on Emissions Trading Scheme settings will be difficult for the market to translate into clear positive or negative signals - with uncertainty remaining around forestry, according to an expert.

ETS consultation suggests lower prices for NZUs
15 May 2024
A new consultation document from the Ministry for the Environment suggests lowering the auction floor price for the Emissions Trading Scheme, as well as lowering the trigger price for the cost containment reserve.

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.

Enough fiddling: The ETS needs to be allowed to do its job
10 May 2024
By Andrew Cushen | OPINION: While it isn’t perfect, the Emissions Trading Scheme is the only tool in our climate response that is working at the scale we need to meet the challenge in front of us. Turning this off or restricting it will impact us all environmentally, socially, and economically.

East coast residents might destroy forests if land use changes don’t go far enough
8 May 2024
Tairāwhiti residents are furious that pine plantation owners are pushing back against rule changes to protect catchments from the impacts of harvest slash and sediment, and are calling for a halt to new forestry plantings.

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.

OECD calls for review of how forestry is treated under ETS
7 May 2024
By Jeremy Rose | The OECD says the government should review the ETS with a focus on the treatment of carbon removals through afforestation.

NZU stockpile grows to 169 million in last quarter
3 May 2024
The NZU stockpile is up about 9 million tonnes, according to the latest quarterly update from the Environmental Protection Authority.

Contract awarded to recloak Coronet Forest
1 May 2024
Media release | The contract to deliver an aspirational vision to “recloak” Coronet Forest with native planting has been awarded to Te Tapu o Tāne and e3Scientific Limited.

Carbon market ‘rational’: Shaw
30 Apr 2024
Former climate change minister James Shaw says the low carbon price is the market acting rationally to current policy settings and what is likely to come in the future.

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.

Emissions down for 2022
18 Apr 2024
Aotearoa New Zealand’s gross greenhouse gas emissions fell by 4% in 2022, according to new figures.

Highly productive land decreasing as agricultural land use intensifies, carbon forestry set to increase
17 Apr 2024
The latest environmental report outlines the pressure on land and soil from changes in use and invasive species.

Lack of policy direction to blame for low carbon price?
11 Apr 2024
The carbon price continued its post-auction slump, with weak demand seeing the secondary market trading well below the auction floor.

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.

New forestry fees unfairly impact Māori
4 Apr 2024
By Liz Kivi | Recently implemented fees for forestry in the Emissions Trading Scheme are having a disproportionate impact on Māori, and the government didn’t consult adequately on the changes, according to the National Māori Forestry Association.

Half of Tairāwhiti at risk of erosion - new data
28 Mar 2024
An estimated 182 million tonnes of eroded soil entered New Zealand's rivers in 2022, according to new research.

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.

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.

Carbon price nosedives following auction
21 Mar 2024
By Liz Kivi | The carbon price has dropped to its lowest since July last year, following yesterday’s partial auction clearance.

First ETS auction of the year partially clears
20 Mar 2024
Today’s Emissions Trading Scheme auction has partially cleared.

Carbon price scraping the auction floor just ahead of Wednesday's auction
18 Mar 2024
The carbon price is at its lowest in nearly six months, with poor investor sentiment just ahead of the first auction of the year on Wednesday.

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.

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.

Foresters welcome ETS costs review
1 Mar 2024
The New Zealand Forest Owners Association says the review of Emissions Trading Scheme fees is a relief for foresters facing excessive costs, but experts say forestry still faces an uncertain future under the scheme.

Government announces review of forestry ETS costs
29 Feb 2024
Forestry minister Todd McClay has announced an independent review into the forestry component of the Emissions Trading Scheme (ETS) register.

In its current state the ETS will fail to deliver significant emission reductions: Rod Carr
28 Feb 2024
By Jeremy Rose | Climate Change Commission chair Rod Carr has told the Environment Select Committee that, in its current state, the ETS will fail to deliver significant emissions reductions.

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.

Carbon price dips closer to auction floor
23 Feb 2024
By Liz Kivi | The carbon price has dipped closer to the auction floor, with an increase in selling blamed on an overall weakness in the market.

Forestry company loses sustainability certification
19 Feb 2024
Forestry company Ernslaw One’s Forest Stewardship Council certification has been suspended over damage from its forestry operations in Tolaga Bay in 2018.

EPA says financial situation now critical
12 Feb 2024
The Environmental Protection Authority has warned that its financial situation is now critical.

More funding to Hawke’s Bay and Tairāwhiti clean-up
12 Feb 2024
Urgent work to clean up cyclone damage in Hawke’s Bay and Tairāwhiti is still continuing one year after last year’s devastating floods, with a $63 million boost for sediment and debris removal bringing total government funding for the clean-up to $232 million.

Critics decry controversial bill that loosens deforestation restrictions in Peru
12 Feb 2024
Peru’s Congress approved a new amendment to the country’s forest and wildlife law, which loosens restrictions on deforestation and may affect the rights of Indigenous peoples.

ACT’s proposed climate bill ‘concerning’ - expert
25 Jan 2024
A private member's bill from the ACT Party could delay gross emissions reductions and ultimately threaten New Zealand’s climate targets, according to an expert.

Govt releases submissions on canned ETS review
22 Dec 2023
The government has released submissions on the controversial review of the Emissions Trading Scheme, started by the previous government but canned by new Climate Change minister Simon Watts.

Massive native reforestation project proposed
22 Dec 2023
By Jeremy Rose | New Zealand could go from being a buyer of offshore carbon credits to an exporter of offsets, according to the promoters of an ambitious plan to reforest and restore 2.1 million hectares of indigenous forests over the next 10 years.

Govt must address climate crisis: Lawyers
14 Dec 2023
Activist lawyers have put the new government on notice that they could be facing legal repercussions if they fail to take adequate action to meet the country’s climate targets.

Climate Change Commission doubles down on ETS criticism
13 Dec 2023
The Climate Change Commission has doubled-down on its long held view that the ETS is not fit for purpose when it comes to driving down emissions, in its latest advice to government.

Kiwi nature-based solution at COP28
11 Dec 2023
A nature-based climate solution to strategically restore and enhance 2.1 million hectares of Indigenous forest across Aotearoa over the next decade took the stage at the UN’s global climate summit yesterday.

New Zealand criticised for dependence on offsetting
7 Dec 2023
New Zealand has been singled out, along with Japan and South Korea, for relying on offshore offsetting to meet its nationally determined contribution in the latest update by non-profit Climate Action Tracker.

New Zealand continues to punch above its weight in Fossil awards
4 Dec 2023
New Zealand has once again won itself the dubious honour of a Fossil of the Day Award at COP 28 in Dubai, the third time in as may years.

Massive native reforestation project proposed
29 Nov 2023
By Jeremy Rose | New Zealand could go from being a buyer of offshore carbon credits to an exporter of offsets, according to the promoters of an ambitious plan to reforest and restore 2.1 million hectares of indigenous forests over the next 10 years.

New govt cans ETS review, climate and environment ministers outside cabinet
27 Nov 2023
By Liz Kivi | The new National-led coalition government has dumped the current review of the Emissions Trading Scheme, and appointed climate and environment ministers outside cabinet.

Energy and resources portfolio split
27 Nov 2023
The former energy and resources portfolio has been split into two by the new government.

Biodiversity finance? Definitely. Biodiversity credits? Maybe
24 Nov 2023
By Jeremy Rose | The Parliamentary Commissioner for the Environment and some of the country’s major environmental groups have questioned the government’s one-eyed focus on biodiversity credits.

Toitū to stop accepting NZUs
23 Nov 2023
Toitū Envirocare, the government’s carbon certification service, announced today that it will transition away from accepting New Zealand carbon credits in its carbon certification programmes.

Climate Change Commission in the dock
22 Nov 2023
The Climate Change Commission is back in court defending its advice, with a case brought by Lawyers for Climate Action (LCANZI) starting in the Court of Appeal yesterday.