Topics tagged with 'Kyoto'
Study holds out little hope for climate solutions
25 Aug 2014
An effective treaty to reduce greenhouse gas emissions will probably remain elusive, according to a new research study, because the steps likely to win political agreement would be ineffective, while those that could produce results would be politically unfeasible.
Register holds 150 million NZUs
11 Aug 2014
More than 150 million NZUs are being held in accounts in the Emissions Units Register.
Greens have a tempting carbon tax idea
11 Aug 2014
A carbon price is still the best and fairest way to achieve emissions cuts, but as Australia and New Zealand show, it’s not easy to get it right. How could carbon pricing be improved?
Why the Chinese leadership puts China first
11 Aug 2014
By KAROLINA WYSOCZANSKA.- During Chinese premier Li Keqiang’s last visit to Britain, China signed a series of deals on energy and low carbon technology, and a declaration of cooperation on climate change.
Foreign foresters might sue over ETS changes
1 Aug 2014
New Zealand might face claims under free-trade agreements for losses caused as a result of changes to the Emissions Trading Scheme.
Australian farmers led astray on carbon farming
11 Jul 2014
Australian farmers and rural land owners are being told that they will be given powerful and direct incentives to store carbon in the land under the federal government’s new climate policy.
Australia's emissions fund could start short
13 Jun 2014
Australia's Emissions Reduction Fund is likely to be under-supplied when it comes to market next month, a new report says.
The case for a carbon consumption tax
13 Jun 2014
As delegates gather once again for climate talks in Bonn, the question has to be asked: after decades of conferences, committees, procedures and protocols, is the multilateral approach to tackling climate change working?
Foresters could have arbitrage case, says expert
30 May 2014
A litigator turned forest manager says that the Government’s surprise move to close an arbitrage loophole for forest owners could be legally challenged.
Foresters threaten to pull out of ETS
23 May 2014
Participation by forestry in the Emissions Trading Scheme will come to a sudden halt because the Government has shown it will change the rules at the drop of a hat, industry sources say.
Government took easy option on forest credits
23 May 2014
The Government feared that an “arbitrage loophole” allowing forest owners to move in and out of the Emissions Trading Scheme could cost it up to $231 million over the next two years.
Carbon prices on steady upward path
23 May 2014
Domestic carbon prices are up 25 per cent on last week – and are still climbing.
Maori unhappy about having to back carbon move
16 May 2014
The Maori Party says it is being forced against its will to support Government moves to stamp out arbitrage by one sector of the carbon market.
Surprise forest credits move sees market rise
16 May 2014
The domestic market traded up this morning on news that the Government plans to stop owners of post-1989 forests from using Kyoto credits to meet exiting obligations.
Govt explains arbitrage actions
16 May 2014
The Government says it is targeting post-1989 forest owners with its anti-arbitrage moves because it is the only sector that can move in and out of the Emissions Trading Scheme.
Early carbon auctions unlikely, says Government
9 May 2014
The Government says it is unlikely to auction carbon units before 2016.
Market trades 34 million carbon credits
9 May 2014
Nearly 34 million carbon credits were traded on the New Zealand market last month – up 10 million on the previous month but down on the same time last year.
Why Australia has something to worry about
9 May 2014
The state of Australia’s environment is a real worry – the report cards exist to prove it.
NZUs issued to post-1989 forest owners
2 May 2014
Nearly seven million NZUs have been issued so far this year to owners of post-1989 forests.
National driving climate change, say Greens
17 Apr 2014
New Zealand's latest Greenhouse Gas Inventory submitted to the UN confirms National’s policies are driving climate change, the Green Party says.
Our emissions up ... thanks to cars and cows
11 Apr 2014
New Zealanders’ love affair with cars and cows has pushed our greenhouse gas emissions up by 25 per cent.
No-action Abbott stalls climate policy decisions
4 Apr 2014
By PROF NICK ROWLEY.- In Australia, any sense of the need for an urgent policy response has stalled, despite this week’s reminder from the IPCC of the threats the country faces – not to mention the warming already seen and the increase in extreme climate events.
Post-89 emissions returns trickle in
21 Mar 2014
Only a quarter of post-1989 forest owners registered in the Emissions Trading Scheme have submitted their 2013 emissions returns.
Why Australia needs to increase emissions targets
28 Feb 2014
The Climate Change Authority’s new report on emission reduction targets makes a compelling argument for Australia to go much further in cutting greenhouse gas emissions, writes CLIVE HAMILTON, Vice-Chancellor's Chair, Centre for Applied Philosophy and Public Ethics, Charles Sturt University.
Angry Maori take carbon case to UN
21 Feb 2014
Frustrated Maori will take their carbon price grievances to the United Nations next week.
Emissions lower under Direct Action, says research
21 Feb 2014
The Australian Government's proposed Direct Action Plan may lead to more domestic emissions reductions than the Carbon Price Mechanism, according to new research.
Turmoil across the Tasman will be felt here
21 Feb 2014
By WAYNE KING. Australia’s media is drip-feeding news and commentary on the economic downturn in Australia - particularly in energy developments, the political turmoil revolving around the current Renewable Energy Target and the current policies related to a price on carbon, through the Carbon Price Mechanism and other initiatives.
Pine nurseries got it wrong, says Groser
14 Feb 2014
The destruction of hundreds of thousands of tree seedlings is part of a “market correction” and not due to a dysfunctional Emissions Trading Scheme, the Government says.
Change ahead, so business needs to get smart
24 Jan 2014
Smart companies will have clear strategic objectives and flexible tactical responses to deal with on-going disruptive change likely to be caused by carbon policy this year, Westpac’s international carbon desk says.
ETS dysfunctional, says forestry academic
20 Dec 2013
Deforesation and a lack of new planting means New Zealand is unlikely to meet its 2030 emissions reduction target, a forestry expert is warning.
Govt sitting on millions worth of Kyoto units
13 Dec 2013
The Government is sitting on millions of Kyoto units which could reduce the cost of the country's carbon liability.
Restrictions on CERs and ERUs
6 Dec 2013
The use of international Kyoto credits in the New Zealand Emissions Trading Scheme is to be restricted.
Warsaw wobbles … and now we're off to Paris
29 Nov 2013
Almost 200 countries have signed a deal on climate change in Warsaw, marking the start of a journey toward a binding international agreement at the 2015 UN climate talks in Paris.
What Tim Groser told the world at Warsaw
22 Nov 2013
Climate Change Minister Tim Groser has put New Zealand’s emissions-reduction credentials to the COP19 gathering in Warsaw.
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.
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.
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.
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:
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.
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.
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.
Parties stay quiet on 2015 carbon auctions
25 Oct 2013
A new government might not auction carbon units in 2015.
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:
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.
Are we doing our bit? It seems not
20 Sep 2013
Our previous opinion piece considered the increasing impacts of climate change on small island countries, such as our Pacific neighbours, but which also apply to other small island countries such as those in the Caribbean, and also to low-lying coastal areas.
'I don't think I've ever driven a Kyoto Protocol ...'
30 Aug 2013
Last Sunday, Radio New Zealand’s Down The List programme turned its satirical eye on New Zealand’s 2020 emissions reduction target.
Why the Pacific problem will not go away
30 Aug 2013
While we here in New Zealand are worried about our pay checks and the next iphone due to emerge shortly, some thought needs to go out to our Pacific neighbours, says Carbon Market Solutions.
Kyoto rules govern new emissions stand
23 Aug 2013
New Zealand’s 2020 emissions reduction target will be implemented under Kyoto Protocol rules.
'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.
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”.
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.
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.
Nordic countries hit by ‘truly unprecedented’ heatwave
Tue 5 Aug 2025
Scientists have recorded the longest streak of temperatures higher than 30C in the region in records going back to 1961.
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.
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.
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.
'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.
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.
Wilding pines threaten Molesworth Station
28 Jul 2025
By Shannon Morris-Williams | Without increased support, the unchecked spread of wilding pines will continue to creep across Marlborough’s high country – putting iconic landscapes and one of New Zealand’s top five biodiversity hotspots at serious risk, according to an expert.
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
Thu 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.
EU climate goals at risk as ailing forests absorb less CO2, scientists say
Tue 5 Aug 2025
Damage to European forests from increased logging, wildfires, drought and pests is reducing their ability to absorb carbon dioxide, putting European Union emissions targets at risk, scientists warn.
‘Ideological sludge’: How NZ is quiet quitting climate action
17 Jul 2025
New Zealand once stood out as a world leader on climate change. In June it became the first country in the world to abandon a commitment to phase out oil, gas and coal.
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.
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
Thu 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.
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.
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
Thu 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.
Multi-day protest continues at coal mine
30 Jul 2025
Bathurst Resources has been forced to truck coal from its Stockton mine as climate activists occupy coal buckets at the mine for a third day.
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.
Vatican strikes solar farm deal to become the world’s first carbon-neutral state
Tue 5 Aug 2025
Italy has agreed to a Vatican plan to turn a 430-hectare field north of Rome into a vast solar farm that the Holy See hopes will generate enough electricity to meet its needs and turn Vatican City into the world’s first carbon-neutral state.
Ocean heatwaves may signal climate tipping point
25 Jul 2025
A recent study that tapped into satellite data has revealed that 2023 marked an unprecedented year for marine heatwaves, with record-breaking levels of duration, reach and intensity across the world's oceans.
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.
Governments must vote in favour of moratorium on deep sea mining
29 Jul 2025
Media release - Greenpeace | The 30th session of the International Seabed Authority (ISA) has ended with Greenpeace saying governments are continuing to fall short in protecting the deep sea.
Waste Levy risks becoming ‘slush fund’ under proposed changes – Commissioner
5 Jun 2025
By Shannon Morris-Williams | Proposed changes to New Zealand's waste legislation risk undermining public trust in the waste levy scheme, according to Parliamentary Commissioner for the Environment Simon Upton.
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.
