Topics tagged with 'Greenhouse Effect'
WORLD WEB ... news from the world of carbon
22 Nov 2013
* China to launch Beijing, Shanghai carbon markets * Why banks in London are exiting the carbon trade * Just 90 companies caused two-thirds of man-made global warming emissions * Tony Abbott rejects Commonwealth climate change risk fund * $150m to break lease for defunct Climate Change department * Canadians losing faith in government on climate change * World's most climate vulnerable nation turns to coal power
What's going on in world carbon markets
22 Nov 2013
The Carbon Reduction Fund in Australia, backloading in Europe, markets linking in North America and the first carbon auction in China ... Westpac's carbon desk reviews the international carbon markets:
Europe wants to see some action out of Warsaw
22 Nov 2013
The European Union says it is seeking a balanced package of decisions out of Warsaw to advance international climate action.
Business needs to back deforestation battle
22 Nov 2013
The REDD scheme alone will not combat deforestation – business needs to step up to the plate, says the author of a new book launched in Warsaw this week.
Welcome to the Bill and Gerry Climate Change Show ...
15 Nov 2013
The Government is under fire over its apparent lack of belief in human-induced climate change, with two of the country’s most powerful politicians calling the science into question.
Our ministers ill-informed, says top scientist
15 Nov 2013
The New Zealand Government is ignoring “inconvenient” evidence about climate change, says a leading international climate scientist.
Government plays loose with ETS facts
15 Nov 2013
The Government is claiming credit for climate change policies – including the Emissions Trading Scheme - introduced by its predecessor.
EDITORIAL: The message is clear ... we have a government of climate deniers
15 Nov 2013
By editor ADELIA HALLETT. The reason for the Government’s failure to take decisive action on the biggest issue facing us became clear this week; it still doubts the science behind anthropogenic climate change.
Warsaw the great test of will, say Greens
15 Nov 2013
COP19 will be the critical test of the international community’s will to prevent dangerous climate change, says Green Party climate change spokesman Kennedy Graham.
CCS will be big, say energy leaders
15 Nov 2013
Carbon capture and storage will be a major part of plans to combat climate change, say the world’s energy and environment ministers.
2013 shapes up as one of the hottest on record
15 Nov 2013
This year is on course to be among the top 10 warmest since modern records began in 1850, according to the World Meteorological Organization.
Well done, Mr Abbott, says Canada
15 Nov 2013
Canada has officially applauded the decision by Australian Prime Minister Tony Abbott to repeal the country’s carbon tax.
WORLD WEB ... news from the world of carbon
15 Nov 2013
* Tony Abbott stifling Australia's climate change ambitions * Indonesia to launch voluntary carbon market * Formula E championship to generate €142 million EV sales by 2040 * Climate change and government inaction conspired against Philippines * Brussels looks to cut plastic bag use
Here we go again ... still talking
15 Nov 2013
United Nations Convention to Combat Desertification executive secretary MONIQUE BARBUT warns of imminent social chaos if we continue to ignore the impacts of climate change:
Why it's important that we do our bit
15 Nov 2013
With COP19 under way in Warsaw, CARBON MARKET SOLUTIONS looks at the background to international climate change agreements:
Buyers get interested
15 Nov 2013
The local market was sold down yesterday starting off at $3.25 and hitting $3.10 before closing $3.15 bid. OMFinacial reports:
Hope from Europe
11 Nov 2013
The NZU market finished the week on a subdued note, as selling interest dries up for now. OMFinancial reports:
Poland will be stepping stone, says Groser
8 Nov 2013
Climate Change Minister Tim Groser says that next week's COP19 conference in Poland will lay the groundwork for a new international agreement on tackling climate change.
Meet Kennedy Graham, green sheep of the family ... and a man business would be wise to watch
8 Nov 2013
By editor ADELIA HALLETT. The irony of an ancestor owning a coal mine is not lost on Dr Kennedy Graham.
Young man in a hurry ... all the way to Warsaw
8 Nov 2013
A young man with a commerce degree and an interest in alternate energy will represent New Zealand at COP19 in Warsaw next week.
Massey scientists unlock plant secrets
8 Nov 2013
Massey University researchers have the first convincing evidence that inter-breeding between closely related species (hybridisation) can aid plants during periods of environmental change.
Doha decision forced hand on setting 5% emissions target, says Groser
1 Nov 2013
New Zealand’s expulsion from international carbon markets was a factor in the Government’s setting of this country’s 2020 emissions reduction target.
Paper explains why public not consulted
1 Nov 2013
The Government chose not to consult the public over its 2020 emissions reduction target, despite knowing that the target was inconsistent with three-quarters of earlier public submissions.
Business must play major role, says minister
1 Nov 2013
The Government wants business to take a leading role as New Zealand moves to a low-carbon economy.
World foresters go face to face in Rotorua
1 Nov 2013
Financing forestry to mitigate climate change will be on the agenda when international foresters meet in New Zealand next week.
California finds friends to fight climate change
1 Nov 2013
British Columbia, California, Oregon and Washington have signed the Pacific Coast Action Plan on Climate and Energy, committing their governments to a comprehensive alignment to combat climate change and promote clean energy.
Savers demand climate action from pension funds
1 Nov 2013
Savers across the UK are calling for their pension funds to be used for curbing emissions.
WORLD WEB ... news from the world of carbon
1 Nov 2013
* 31% of global economic output forecast to face ‘high’ or ‘extreme’ climate change risks. * EU presidency proposes new weakening of car emissions rules. * How Greenland can turn climate change into cash. * Climate change destroyed the Bible's ancient kingdoms, study finds. * Climate change blamed for high muttonbird death toll. * Pacific Ocean may be ‘hiding’ global warming – scientists.
Marsden money goes to climate change research
1 Nov 2013
Just over $3 million of this year’s $59 million Marsden Fund will go into climate change research.
Papers reveal Treasury push for zero GHG target
25 Oct 2013
Treasury wanted New Zealand to adopt a greenhouse gas emissions reduction target of zero per cent below 1990 levels.
Our GHG emissions on the way up ... not down
25 Oct 2013
New Zealand’s greenhouse gas emissions are on track to rise by 2020, not fall as the Government has pledged.
Parties stay quiet on 2015 carbon auctions
25 Oct 2013
A new government might not auction carbon units in 2015.
Climate-fight funds falling short of mark
25 Oct 2013
The most comprehensive inventory of climate finance to date shows investment is far short of the need, and falling further behind each year
Why Australian bushfires will get worse .. and worse
25 Oct 2013
The risk of bushfires in Australia will increase as the climate is influenced by both the frequency and intensity of extreme hot days, as well as prolonged periods of low rainfall, says Climate Council chief Professor Tim Flannery.
WEB WIRE ... news from the world of carbon
25 Oct 2013
US cuts emissions, India fights air charge, EU conservation threat, California joins Chinese, wine worries, ocean gliders.
Greens quiz minister on emissions reduction
25 Oct 2013
News that New Zealand's greenhouse gas emissions are expected to grow by more than a third by 2040 prompted questions in Parliament this week, as Green Party climate change spokesman Dr Kennedy Graham sought to pin the Government down on just how it planned to reach its emissions reduction targets.
Islands have three-pronged approach to climate change
25 Oct 2013
Carbon Market Solutions chief WAYNE KING continues his analysis of ways in which climate change is being addressed in the Pacific:
Nonchalant buyers and disinterested sellers
23 Oct 2013
History doesn’t repeat, it rhymes - and that probably sums up the NZU market at present, OMFinancial reports.
NZ turns away Australian carbon units
18 Oct 2013
More than two million Australian Carbon Credit Units (ACCUs) issued under that country’s Carbon Farming Initiative will not be eligible for surrender in New Zealand.
Why Branson believes businesses must act on climate change
18 Oct 2013
The key to tackling climate change is to see it as an opportunity rather than an obstacle, says billionaire Virgin group founder Sir Richard Branson.
WORLD WEB ... news from the world of carbon
18 Oct 2013
Polluters eye $4b, airlines emissions charges, China carbon pricing, climate all at sea, worms are heroes, bye-bye Oracle, Quakers talk tough.
UN wants to see greater financial effort
18 Oct 2013
The international community must step up its financial investment in technologies, policies and practices that can help to combat climate change, UN Secretary-General Ban Ki-Moon said this week.
Where's the Kiwi vision, asks IPCC author
11 Oct 2013
New Zealand could substantially cut greenhouse emissions from transport but lacks the vision to do so.
Labour again trying for foreign units limit
11 Oct 2013
Labour is having another go at limiting the number of foreign carbon units emitters can surrender under the New Zealand Emissions Trading Scheme.
Carbon pricing the cornerstone, says OECD
11 Oct 2013
Credible and consistent carbon pricing must be the cornerstone of government actions to tackle climate change, according to a new OECD report.
Aussies rush to back Flannery’s climate body
11 Oct 2013
The minute climate change champion Tim Flannery opened the doors of his independent Climate Council, Australians opened their wallets.
WEB WIRE ... news from the world of carbon
11 Oct 2013
IPCC and business, EU and airlines, US judges on spot, city climate design, Alaska learning sugar land grabs.
Water key to sustainable development, says UN
11 Oct 2013
UN Secretary-General Ban Ki-moon has stressed the vital role of water in sustainable development, highlighting in particular its importance with regard to food security, climate change and sanitation.
International update
11 Oct 2013
Westpac's carbon analysts cast their eyes across the international carbon markets.
Govt still silent on auctioning credits
4 Oct 2013
The Government says it has made no decisions yet on the auctioning of carbon credits.
'A sneeze in the night': Peters questions NZ's climate culpability
Mon 4 Aug 2025
New Zealand First seems to be vying with ACT and farming lobby group Groundswell to claim credit for being the first to call for New Zealand to withdraw from the Paris Agreement.
Climate change policy growing concern for farming sector
Mon 4 Aug 2025
By Shannon Morris-Williams | While farmer confidence has hit an eight-year high, concerns about climate change policy and the Emissions Trading Scheme are growing in New Zealand’s rural sector, according to Federated Farmers.
NZ Post drops science-based climate target
8 Jul 2025
By Liz Kivi | NZ Post has dropped its science-based emissions reduction target of 42% by 2030 with no plans to replace it.
Why plane turbulence is becoming more frequent - and more severe
Wed 6 Aug 2025
As climate change shifts atmospheric conditions, experts warn that air travel could become bumpier: temperature changes and shifting wind patterns in the upper atmosphere are expected to increase the frequency and intensity of severe turbulence.
Taking NZ biodiversity to the world
Wed 6 Aug 2025
Media release | Sanctuary Mountain Maungatautari and Ekos are making history by launching New Zealand biodiversity and conservation into the global marketplace.
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.
Carbon prices slide as market awaits ETS decision
Fri 1 Aug 2025
By Liz Kivi | Volatility has returned to the secondary carbon market, with prices sliding again after plateauing in recent weeks, as the market waits for government decisions on Emissions Trading Scheme settings.
Divided nations start 'final' talks on UN plastics treaty
Wed 6 Aug 2025
The key divide is whether the new treaty includes a target to limit plastic production or just focuses on recycling and waste management.
Bearish sentiment lingers for carbon market
11 Jul 2025
By Liz Kivi | The compliance carbon market could be set for a gradual upward trajectory, however unsold volume from the quarterly Emissions Trading Scheme auctions continues to act as ‘a price ceiling,’ according to an expert.
Gentailers to stockpile coal under new deal
Tue 5 Aug 2025
By Shannon Morris-Williams | An agreement between New Zealand’s four major electricity generators to establish a 10-year fuel reserve is being labelled a 'climate change stockpile', and could undermine momentum for renewable energy investment.
Is extending Huntly power station to 2035 in consumers’ best interest?
22 Jul 2025
By Simon Orme | COMMENT: Genesis Energy is proposing a cartel to keep high-emitting Huntly Power Station in business to 2035. If extending Huntly has economic benefits, is a cartel necessary?
What does 'drier' really mean in 'green' homes?
Fri 1 Aug 2025
Media release - Waipapa Taumata Rau, University of Auckland | Researchers say green-rating systems could improve clarity and effectiveness by explicitly defining ‘drier’ and using two measures of humidity.
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.
NZ voluntary carbon market’s sad state
14 Jul 2025
By John O’Brien | OPINION: A combination of scandals, challenging economic times, and cheaper offshore carbon credits, mean that the domestic voluntary carbon market in New Zealand remains absolutely tiny.
Labour vows to reinstate oil and gas ban
Wed 6 Aug 2025
By Liz Kivi | The Labour Party is promising to reinstate a ban on new oil and gas exploration permits, but won’t say if they will go even further and commit to revoking permits if elected.
Key orange roughy population on verge of collapse, govt considers closure
9 Jul 2025
Media release - Deep Sea Conservation Coalition | New data reveals that New Zealand’s main orange roughy fishery, accounting for half of the country’s total catch, is on the brink of collapse, with one model showing it may have reached that point already, and the government’s considering closing it.
Insurers need to get ready for the next climate-fuelled disaster: FMA
Wed 6 Aug 2025
Insurers need to do more to improve their claims processes and services as climate-driven disasters increase in frequency and severity, according to the Financial Markets Authority.
Latest trawl bycatch numbers 'a grim wake-up call'
24 Jun 2025
Media release – Greenpeace | The latest fisheries bycatch data paints a grim picture, with trawlers hauling up thousands of kilograms of coral and killing hundreds of fur seals and seabirds over a 12 month period.
Can the US timber industry and forest carbon credit programs coexist?
Wed 6 Aug 2025
The climate crisis is forcing society to rethink existing technological and ecological systems. At the nexus of this challenge is how the U.S. values and manages forests.
OPEC+ countries to boost oil production by 547,000 barrels per day
Tue 5 Aug 2025
Some believe the boost in production could lower oil and gasoline prices.
A modest geothermal strategy
31 Jul 2025
By Pattrick Smellie | The Government has unveiled a far more modest geothermal energy strategy than its primary backer, Resources Minister Shane Jones, had sought.
Barclays exits net zero banking alliance
Tue 5 Aug 2025
Barclays will exit the Net-Zero Banking Alliance, marking the second UK-based bank to withdraw from the UN-backed coalition dedicated to advancing global net zero goals through their financing activities, after the departure last month of HSBC.
Airlines risk legal challenges by advertising jet fuel as “sustainable”, NGO warns
18 Jul 2025
Amid suspected fraud in the production of sustainable aviation fuel (SAF), a new report says the airline industry should stop calling all alternatives to kerosene “sustainable”.
Watts talks big on energy reform, but barriers persist
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.
Hiringa eyes green methanol plant near Whanganui
29 Jul 2025
By Pattrick Smellie | Green hydrogen pioneer Hiringa Energy is deep in planning to develop an “eight-to-nine figure” methanol plant near Whanganui, using a combination of biomass and hydrogen produced using renewable energy.
Climate catastrophes are creating a ‘new market reality’ for insurance carriers
23 Jul 2025
Raging wildfires and severe storms contributed to record-high global insurance losses — totalling an estimated US$84 billion — for the first six months of the year.
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.
BlackRock, other fund managers lose bid to dismiss Texas climate collusion lawsuit
Tue 5 Aug 2025
A U.S. judge on Friday largely rejected a request by top asset managers including BlackRock, to dismiss a lawsuit filed by Texas and 12 other Republican-led states that said the companies violated antitrust law through climate activism that reduced coal production and boosted energy prices.
Fund for low emissions transport winds up
31 Jul 2025
New Zealand’s Low Emission Transport Fund has officially wrapped up, ending a nine-year programme that put hundreds of millions of dollars towards accelerating the country’s shift to cleaner transport.
Backlash over govt conservation changes
Mon 4 Aug 2025
By Shannon Morris-Williams | The government’s proposed changes to the Conservation Act are the most significant roll back in conservation protections in a generation, according to the Green Party.
Urgent action needed to get on track for climate goals - commission
25 Jul 2025
By Shannon Morris-Williams | New Zealand is making progress on reducing greenhouse gas emissions, but more work is needed – urgently – to set up for future reductions, according to the latest report from the Climate Change Commission.
NZ's latest climate target 'weak' – Climate Action Tracker
24 Jun 2025
By Shannon Morris-Williams | New Zealand's new international climate target to 2035 is weak, and could even allow for higher emissions than the 2030 target, according to a global scientific project that tracks government climate action.
Last minute change to oil and gas legislation over cleanup costs
31 Jul 2025
By Liz Kivi | The government is expected to repeal the oil and gas ban today, with a last-minute amendment handing discretionary power to two ministers over the controversial issue of decommissioning.
NZ govt’s fossil fuel plans could break international law
24 Jul 2025
By Liz Kivi | The government could be breaching international law with its plans to subsidise and expand fossil fuel extraction, following a ruling overnight from the world’s highest court.
NZ part of hidden global deep-sea network beneath the waves
25 Jul 2025
Media release - Earth Sciences New Zealand | A world-first study of marine life, including sea creatures found in New Zealand's dark, cold, pressurised ocean depths, has revealed that deep-sea life is surprisingly more connected than previously thought.
‘Total infiltration’: How plastics industry swamped vital global treaty talks
28 Jul 2025
Petrostates and well-funded lobbyists at UN-hosted talks are derailing a deal to cut plastic production and protect people and the planet.
Why I’m in a coal bucket
Mon 4 Aug 2025
By Rach Andrews | OPINION: People might wonder why a 53-year-old grandmother would choose to climb into a 80 metre high stinky coal bucket on the rainy West Coast and settle in for the long haul.
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.
Kōwhai Park solar farm reaches ‘golden row’ milestone, marking major step in delivery
Wed 6 Aug 2025
Media release – Christchurch Airport | Construction of one of New Zealand’s largest solar projects has reached a major milestone, with the installation of the first row of solar panels – known in the industry as the ‘Golden Row’ – now complete at Kōwhai Park solar farm.
Warmer end to winter but dry spell expected over southern lakes
Tue 5 Aug 2025
As hydro lake levels hover just below average levels, climate forecasts indicate that warmer than usual weather conditions will reduce demand, but there will likely be less rain over the southern hydro lakes as New Zealand moves towards spring and summer.
Climate groups want UK wealth tax to make super-rich fund sustainable economy
17 Jul 2025
Growing number of campaigners urge government to ensure green investment is not done ‘on backs of the poor’.
Can robot taxis solve NZ's transport woes?
23 Jul 2025
By Shannon Morris-Williams | The Ministry of Transport has tested the idea of driverless taxis as a futuristic fix. But while new modelling explores how "robotaxis" could ease congestion and reduce car ownership, critics say it misses a crucial point – the country’s worsening transport emissions.
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.
EV sales fall, but it’s complicated
29 Jul 2025
Imports of fully electric vehicles fell over 50% in value during the 12 months to June 2025, compared with the year ended June 2024, according to Stats NZ.
'Yet another rate': Franz Josef ratepayers balk at $2.8m stopbank extension
Mon 4 Aug 2025
By Lois Williams, Local Democracy Reporter | Franz Josef ratepayers have given the thumbs down to plans for a $2.8 million stopbank extension to protect the town’s sewerage plant from the Waiho River.
The struggle for control of the Arctic is accelerating - and it's riskier than ever
11 Jul 2025
As the battle for one of the world’s coldest places heats up, an increasingly fragile security balance may be breaking down, leading to an escalating arms race.
UN University report warns against carbon credits from REDD, tree planting, and improved forest management
13 Jun 2025
But the report stops short of recommending banning the trade in carbon temporarily stored in trees.
For the first time, China invests more in wind and solar than coal overseas
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.
