Topics tagged with 'Kyoto'
US' biggest coal burning power firm to turn cow dung into carbon credits
21 May 2008
The American Electric Power company is going to trap methane from cow manure in a bid to earn emission credits.
EMA applauds plan to "pause" ETS
21 May 2008
The Employers and Manufacturers Association Northern supports the need for New Zealand to have a robust policy to combat man-made contributions to greenhouse gases.
Fed Farmers pushes to have soil carbon sequestration included in ETS
20 May 2008
Federated Farmers is calling for a greater push toward getting soil recognised as a legitimate method of storing greenhouse gases, saying that it would be a boon to farmers struggling to deal with emission from animals.
Brazilian companies announce global warming game plan
20 May 2008
The Brazil Greenhouse Gas Protocol Program has been launched today and its 12 founding corporate members have voluntarily agreed to report their global-warming emissions.
Who pays for climate change?
20 May 2008
OPINION: New Zealand Centre for Political Research.- Last week the Parliamentary Commissioner for the Environment came out in support of the Government's Emissions Trading Bill as the gateway to a 'carbon-constrained future':
Kyoto carbon trade hits one million tonnes a day
19 May 2008
The European Climate Exchange says its futures trade in carbon emissions credits from developing countries based on a UN scheme has hit a million tonnes a day after launching the contracts in March.
Trading in the dark is no place for the nervous
19 May 2008
Carbon may well be the world’s fastest growing traded commodity, and will one day be the biggest, but right now it’s no place for the faint-hearted, as the ever-growing ranks of carbon traders are finding.
ETS will trim Kyoto bill $909 million, pushes Key further out on policy tightrope
16 May 2008
The emissions trading scheme will avoid a 15 to 50 million tonne rise in emissions between 2008 and 2012, Climate Change Issues Minister David Parker has told Parliament, in what appears to a ground preparing statement ahead of National leader John Key’s ETS policy announcement this Sunday.
Japan extends $4b helping hand for climate change projects
16 May 2008
Japan plans to extend up to 500 billion yen ($US4.8 billion worth of low-interest loans to developing countries over the next five years to help them fight global warming.
Bluffing over aluminium: EU says post-2012 ETS impact may be 'negligible'
15 May 2008
While Rio Tinto talks of its Bluff aluminium smelter being put on a path to closure by the proposed emissions trading scheme, the European Union says the effects of including the sector in its scheme “may well be negligible” once a new post-Kyoto international agreement is in place.
Fletcher role revealed, Government extends credit assistance further than sought
14 May 2008
The advice from Fletcher Building which helped persuade Government to make a further $1.3 billion in emission credit concessions to heavy emitters is revealed in an appendix to the interim report of the select committee considering the emissions trading bill.
McCain outlines plan to confront climate change
14 May 2008
Republican presidential nominee-in-waiting Senator John McCain says America needs a market-based cap and trade system to curb greenhouse gas emissions, mobilise innovative technologies, and strengthen the economy.
Smelter submission actually supports ETS, makes special pleadings
13 May 2008
ANALYSIS. - The operator of New Zealand’s only aluminium smelter supports New Zealand’s desire to introduce an emissions trading scheme.
Little point in NZ carbon trading currency, says business group
13 May 2008
A second major business group is suggesting that New Zealand should be using international carbon instruments instead of creating its own currency.
Australian report: Climate change will boost farm output
13 May 2008
Australian agricultural output will double over the next 40 years, with climate change predicted to increase, rather than hinder, the level of production.
Government disputes $80b 'carbon tax' windfall claim
9 May 2008
The Government is disputing a suggestion by Solid Energy chief Don Elder that it could stand to make $80 billion from New Zealand’s emissions trading scheme.
ANALYSIS: Will Don Elder today spell out his dream for New Zealand?
9 May 2008
What did Don Elder hope to achieve by assuming a carbon price of $200 per tonne and almost nil-emissions reduction – to produce a result showing the Government could make a surplus of up to $80 billion from its emissions trading scheme?
Big players put cases to ETS select committee
8 May 2008
The select committee hearing submissions on the emissions trading bill is in for an interesting day today, with energy producers, users and lobbyists lining up to make submissions.
New World Bank Report : Carbon market value doubles to US$64b in a year
8 May 2008
The global carbon market grew to a whopping US$64 billion (€47 billion) in 2007, more than doubling over 2006, according to a new report from the World Bank releaed overnight.
Changes to Kyoto last straw for forest owners
8 May 2008
Recent changes to the government's emission trading scheme mean forestry will be the only sector in the NZ economy meeting its Kyoto obligations until 2011, says the Nz Forest Owners Association in a statement.
The world is getting warmer … faster
8 May 2008
Climate change is happening faster than predicted and the world could be as much as seven degrees hotter by the end of the century, an Australian CSIRO scientist says.
Canada faces suspension by Kyoto watchdog
8 May 2008
Canada will be probed on suspicion of violating rules for registering greenhouse gases that are the mainstay of a UN-led fight against global warming, official documents show.
EC fires warning shot to Greece about poor greenhouse gas monitoring
8 May 2008
Greece has received a warning from the European commission for failing to provide adequate monitoring of greenhouse gases emissions which is needed to comply with UN regulations laid out under the Kyoto protocol, a commission spokesperson confirmed.
Greenpeace: Don't subsidise polluting industries
8 May 2008
Don't subsidise polluting industries at the expense of ordinary New Zealanders and the planet.
Government ETS moves will batter forestry Kyoto credit values
7 May 2008
Forest owners expect the value of their hard-won Kyoto carbon credits to plummet as a result of yesterday’s announced changes to the emissions trading scheme, with the likely result that few new forests will be planted.
Government allies vent their anger
7 May 2008
Government moves to delay the impact of the emissions trading scheme on big-business and motorists have earned anger from allies, with the Green Party threatening to pull its support.
Overnight prices indicate real Kyoto bill more than $1.5 billion?
6 May 2008
New Zealand’s true Kyoto liability might be closer to $1.5 billion, based on current emission credit prices.
Change in policies and pace call after Kyoto bill breaks billion dollar barrier
6 May 2008
Government is being urged to more quickly adopt emission-cutting policies, like public transport and home insulation, to help avert part of the now billion dollar Kyoto climate change bill, while National is calling for "a new direction".
UN confident world can reach climate change pact in time
6 May 2008
Without a deal to cap greenhouse gas emissions around 2015, then halve them by 2050, the world will face ever more droughts, heatwaves, floods and rising seas, according to the United Nations.
ETS threatens viability of $400m plant, says cement maker
5 May 2008
The emissions trading scheme threatens the viability of a planned $US400 million cement plant which would actually reduce overall greenhouse-gas emissions, warns cement manufacturer Holcim New Zealand.
Joint warming statement likely at Fukuda-Hu meeting
5 May 2008
The Japanese government is hoping to secure agreement with China over a joint document on environmental issues when Prime Minister Yasuo Fukuda meets Chinese President Hu Jintao this week.
Aussie big boys scramble for carbon trading exemptions
5 May 2008
MAJOR Australian companies and industry bodies are pushing to be made exempt from the impact of a national carbon emissions trading scheme, claiming they will be hurt by cheap imports or lose out in export markets.
US airlines face $9 billion carbon bill by 2020
5 May 2008
Proposed US emission-trading legislation could leave its airlines with a crippling $9 billion annual bill in carbon costs in just over a decade.
Asia tourism, airlines 'complacent' on climate change
5 May 2008
Asian airlines and tourist firms are too complacent about the urgent need to address global warming, industry leaders warned at a conference on climate change.
Russia’s no adds to UN climate treaty troubles
2 May 2008
Russia's opposition to new cuts in greenhouse gases means all of the world's top four emitters are against making quick reductions, complicating plans for a new UN climate treaty by the end of 2009.
ETS impact ‘like a major war’ – Act leader Hide
1 May 2008
The Government’s emissions trading scheme (ETS) will have the economic impact of a major war, according to Act Party leader Rodney Hide.
ANALYSIS: What you are not hearing from the NZIER and heavy emitters
1 May 2008
The NZIER appears to expect a New Zealand Government to carry on regardless with an all-sectors, all-gases emissions trading scheme for 17 years – if the rest of the country’s competitors do not.
Parker: Emissions trading 'effective and affordable'
1 May 2008
A summary of economic modelling shows emissions trading is an effective approach to reducing New Zealand’s greenhouse gas emissions in the long term, Climate Change Minister David Parker says.
NEW REPORT: 'households, road users and SMEs' carry multi-billion ETS bill
30 Apr 2008
All sectors of the economy should come into the emissions trading scheme at the same time to avoid the “huge transfer of wealth” that will be the result of the proposed scheme, says the New Zealand Sustainability Council in a report out today.
Green Party wants commonsense emissions trading policies
30 Apr 2008
Green Party Co-Leader Jeanette Fitzsimons welcomes the release of the Cawthron Institute's environmental assessement of the emissions trading policy.
High-powered leadership group endorses emissions trading scheme
29 Apr 2008
A high-powered group of business and community leaders has endorsed the concept of an emissions-trading scheme in New Zealand as a way of managing and reducing greenhouse gas emissions, saying the impact on the economy will be minimal.
Climate Change Leadership Forum backs emissions trading scheme
29 Apr 2008
The Climate Change Leadership Forum, including 34 business and other sector leaders, has issued 10 key points of policy advice made so far to the Government and Finance and Expenditure Select Committee on the proposed emissions trading scheme (ETS).
UN watchdog bans ‘shamed’ Greeks from carbon trading
24 Apr 2008
Greece has become the first country to be suspended by a UN watchdog body from trading carbon credits under the Kyoto Protocol.
India’s eager money men study $6b carbon trading market
24 Apr 2008
Financial houses in India are excited by the news that the local market for carbon credits has been estimated at $6 billion over four years.
Carbon storage in soil being researched: Major benefits possible for landowners
23 Apr 2008
A new move to store carbon in New Zealand soil is being formally researched and could be worth hundreds of millions to New Zealand farmers and other landowners.
Small-forest scheme open for business
23 Apr 2008
Applications are now open for the Government's new Afforestation Grant Scheme aimed at getting more trees planted on farms as part of New Zealand's effort to reduce greenhouse gases in the atmosphere.
Norwegian leader digs deeps to help poor African nation
23 Apr 2008
Norwegian Prime Minister Jens Stoltenberg was quick to put his money where his mouth is after telling a summit of African leaders that the rich countries created the problems of climate change, and the rich countries should bear the responsibility for solving them.
Parker: No emissions credits for new renewable power plant developers
22 Apr 2008
Climate Change Minister David Parker says those building new renewable power stations won’t be rewarded with extra carbon credits under the proposed emissions trading scheme (ETS).
Farm leaders, Agriculture Minister trade words on impact of ETS
21 Apr 2008
A row is brewing over the extent of the impact on farming of the proposed emissions trading scheme.
Energy’s emissions nearly match agriculture’s
21 Apr 2008
The energy sector is threatening to overtake agriculture as the biggest source of New Zealand’s carbon emissions, the latest edition of the Greenhouse Gas Inventory shows.
Hutt City Council slashes gas emissions
Mon 3 Nov 2025
By Shannon Morris-Williams | Hutt City Council is set to cut its gas emissions by 60% by 2026 as it speeds up phasing out fossil fuels from public facilities.
Govt delays will damage carbon market confidence, experts warn
Today 12:00pm
By Liz Kivi | Emissions Trading Scheme experts have warned the Government that its move to delay decisions on the country’s emissions budgets will further undermine confidence in an already weak carbon market.
NZ’s government wants tourism to drive economic growth – but how will it deal with aviation emissions?
22 Oct 2025
By Robert McLachlan, Te Kunenga ki Pūrehuroa – Massey University | Following a brief dip during the COVID pandemic, aviation is back in a growth phase.
Air NZ inks deal for its first internationally verified carbon credits
9 Oct 2025
By Liz Kivi | Air New Zealand has committed to buying 8000 tonnes of carbon removals by 2030, in partnership with local native forest investment platform My Native Forest.
Celebrities slam mining plans
28 Oct 2025
Actor Sam Neill has slammed plans for a gold mine in Otago, while Denniston Rose author Jenny Pattrick is backing a petition that would stop a coalmine on the West Coast.
Govt launches strategy backing wood-based heat sector
23 Oct 2025
By Pattrick Smellie | Forestry biomass could replace as much as 40% of fossil fuel-generated process heat by 2050, but access to supply, regulatory settings and business cases for converting to wood-based heat sources are required, the Government says in a series of documents released yesterday.
Carbon price drops, now trading 30% below auction floor
Mon 3 Nov 2025
By Liz Kivi | Secondary carbon market prices took a sharp downward turn last week, with traders blaming a continued lack of interest from buyers.
Brazil opens three weeks of COP30-linked climate events
Today 12:00pm
Brazil on Monday opens three weeks of events linked to the COP30 climate summit, hoping to showcase a world still determined to tackle global warming
‘Plain old dull’: NZU market continues to limp sideways
24 Oct 2025
By Liz Kivi | The NZU market has been “plain old dull” in recent months, with activity driven mainly by credit opportunities or a specific need to raise cash, according to Lizzie Chambers of trading platform Carbon Match.
Scrutiny on energy security
Mon 3 Nov 2025
A special debate in Parliament put the Government’s energy security agenda under scrutiny, with parties splitting sharply over the role of gas, the place of an LNG import terminal, and how far to push market reform to ease pressure on power bills.
'Little to be hopeful about' – NZ scientists caution ahead of COP30
Fri 31 Oct 2025
By Shannon Morris-Williams | Record heat, worsening climate impacts and global backsliding on emission reduction commitments have left some New Zealand climate experts with little optimism as COP30 approaches.
$235 billion worth of NZ buildings exposed to flooding
Thu 30 Oct 2025
More than 750,000 New Zealanders live in locations exposed to one-in-100-year floods, according to a nationwide study which shows escalating flood risk.
No high-level US representatives will go to UN climate talks, Trump officials say
Mon 3 Nov 2025
Decision to stay away from Cop30 meeting in Brazil underscores administration’s hostility to climate action.
Lake Onslow battery project set for revival?
Wed 29 Oct 2025
A newly formed private consortium has emerged with plans to finance and build the massive Lake Onslow pumped-hydro project, despite the coalition government’s decision to abandon the scheme.
From nuisance to crisis: New report on pest wasps In Aotearoa
24 Sep 2025
Media release: Moths and Butterflies NZ Trust | Just published is the Final Report of the Pest Wasps Survey carried out by the Moths and Butterflies of NZ Trust (MBNZT) offering a comprehensive look at New Zealanders’ awareness, experiences, and attitudes toward wasps and the growing ecological, health, and social issues associated with them.
Hawke’s Bay Regional Council welcomes new flood data
Mon 3 Nov 2025
Media release | Hawke’s Bay Regional Council welcomes the release of the National Flood Tool and accompanying data by Earth Sciences New Zealand. This is an important contribution to understanding the impacts of climate change for New Zealand.
NZ marine heatwaves could double in intensity under high-emissions pathway
16 Oct 2025
By Shannon Morris-Williams | New projections show marine heatwaves will grow more intense around the North Island and more frequent around the South Island as the climate warms – raising risks for fisheries, aquaculture, coastal ecosystems and tourism.
Media round-up
Fri 31 Oct 2025
In our round-up of climate coverage in local media: A controversial seabed mining project could lead to sediment flows knocking over rigs and damaging wind turbines; weather-related insurance claims climb; and is the government playing Russian Roulette with our future over methane targets?
RMA to speed up fossil fuel consents
18 Aug 2025
By Liz Kivi | An energy lobby group has welcomed a last-minute amendment to the RMA that puts fossil fuels on the same footing as renewables, however a sustainable energy expert says the move “beggars belief.”
Bank of England must better address climate risk to tackle inflation
Today 12:00pm
The central bank is being urged to take a series of actions to better respond to environmental risks.
No major banks have yet committed to stop funding new oil, gas and coal, research finds
24 Oct 2025
‘The objectives of the Paris agreement are slipping further out of reach,’ say researchers.
Z Energy settles greenwashing case over ‘quitting petrol’ claims
Today 12:00pm
By Shannon Morris-Williams | Z Energy has settled a landmark greenwashing case over claims it misled the public about moving away from petrol – a result Lawyers for Climate Action NZ says delivers long-overdue accountability.
Coal imports up 650%
12 Sep 2025
By Shannon Morris-Williams and Liz Kivi | Coal imports are up 650% as generators stockpile the most polluting fossil fuel ahead of next winter.
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.
Vero warns losses to rise 26% by 2050 over extreme weather
Wed 29 Oct 2025
By Shannon Morris-Williams | Extreme weather could drive a 19–26% spike in annual insurance losses by 2050, fuelled by rising seas and more intense flooding, according to Vero’s latest Climate-Related Disclosures Report.
Judge says Greenpeace must pay $345 million in pipeline lawsuit, cutting jury amount nearly in half
Fri 31 Oct 2025
A North Dakota judge has ordered Greenpeace to pay damages of $345 million, reducing an earlier jury award after it found the environmental group and related entities liable for defamation and other claims in connection with protests of an oil pipeline nearly a decade ago.
Nelson commuters urged to ditch car once a week
22 Oct 2025
By Max Frethey, Local Democracy Reporter | Nelson has a bold carbon emission reduction target and residents are being encouraged to leave the car at home one day a week to help meet it.
Global oil demand won't peak until 2032, Wood Mackenzie report says
Fri 31 Oct 2025
“Global oil demand will not peak until 2032, two years later than earlier thought, consultancy Wood Mackenzie said in a report on Wednesday that blames continued momentum in the use of hydrocarbons for transport and petrochemicals.”
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.
Climate impacts hit NZ with increasing wild weather
23 Oct 2025
By Liz Kivi | New Zealand is facing a triple whammy of climate impacts today, with severe winds and rainfall predicted for much of the country while some areas are still dealing with wildfires ignited earlier in the week.
Ardern: 'We must not give up on 1.5'
Fri 31 Oct 2025
By Shannon Morris-Williams | Former prime minister Dame Jacinda Ardern says the world must not abandon the Paris Agreement’s 1.5°C goal, warning that a decade on from COP21 “too many of the debates we thought were settled are still being had.”
Carbon Finance Program upscales efforts to close climate investment gap in climate vulnerable nations
22 Oct 2025
Media release | The Climate Vulnerable Forum and its V20 Finance Ministers (CVF-V20) will work with the Voluntary Carbon Markets Integrity Initiative (VCMI) to upscale the Carbon Finance Program in reach and impact, supporting more climate-vulnerable countries to host high-integrity carbon projects that yield tangible climate, nature, and sustainable development benefits.
Lobby group launches ‘blueprint’ for ocean management reform
18 Sep 2025
The Environmental Defence Society yesterday released its plan to tackle widespread ecological decline in our oceans.
Experts warn new science curriculum sidelines climate urgency
Mon 3 Nov 2025
Climate change education has been pushed too late and too lightly in the Government’s draft science curriculum, experts say, with students not formally learning about climate change until Year 10.
Judge dismisses suit by young climate activists against Trump’s pro-fossil fuel policies
17 Oct 2025
Plaintiffs had ‘overwhelming evidence’ of climate crisis but a court injunction would be ‘unworkable’, ruling says.
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.
Here comes the sun: solar surge gathers pace
Today 12:00pm
More than $700 million of new solar investment advanced last week, underscoring the pace of the renewable buildout.
AgriZero backs Aussie IVF innovator
Mon 3 Nov 2025
By Pattrick Smellie | The NZ government-led low carbon agriculture consortium AgriZero has invested A$1.5 million (NZ$1.7m) in a Queensland-based start-up looking to bring down the cost of inserting fertilised embryos into livestock.
Solar households to get little-noticed tax break
23 Sep 2025
A provision in the government’s latest tax bill would exempt households from paying tax on income they earn by selling excess electricity back to the grid.
Climate scientists and republican lawyers are taking aim at Big Tech’s emissions
17 Oct 2025
Technology companies have long been one of the biggest investors in clean energy, but new accounting rules could upend that.
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.
How ‘vehicle-to-grid’ technology could boost China’s electricity system
Fri 31 Oct 2025
China’s surging electric vehicles ownership – now exceeding 25.5m – is opening the door to a new technology that can help to enhance the flexibility of electricity supply.
Fix it, don't ditch it: University of Auckland hosts first Repair Cafe
9 Oct 2025
Media release - Auckland University | The University's first-ever Repair Cafe is bringing students and staff together to give broken items a new lease on life, while promoting a culture of repair and reuse.
Council buys dairy farm to help clean up Lake Rotorua
21 Oct 2025
Bay of Plenty Regional Council has bought a 266-hectare dairy farm in the Lake Rotorua catchment and plans to retire it from production to reduce nitrogen entering the lake.
Adaptation plan at odds with public sentiment: survey
21 Oct 2025
By Liz Kivi | The Government’s position on climate adaptation buyouts shows a disconnect with public opinion, according to survey findings from insurer Suncorp NZ.
‘Damp squib’ – Govt energy plan slammed for locking in fossil fuels
2 Oct 2025
By Shannon Morris-Williams | Critics across business, climate groups and the opposition say the Government’s electricity reforms duck structural change, double down on LNG and gas, and offer little relief for soaring power prices – warning of an “expensive white elephant", deeper energy poverty and a missed chance to scale renewables.
