Topics tagged with 'Kyoto'
Experts slam 5% emissions target
23 Aug 2013
Leading climate policy and science experts say the Government’s emissions reduction target is “markedly inadequate and disappointing”.
NZUs owners hang on for $7 a tonne
23 Aug 2013
Holders of NZUs are holding out for $7 a tonne, says OMFinancial carbon chief Nigel Brunel.
Emissions target under fire from MPs
23 Aug 2013
The Government's 2020 emissions reduction target came under fire in Parliament this week.
Foresters in the know eye big profits
16 Aug 2013
Savvy forest owners are banking millions of NZUs in the expectation of big profits in the future.
Forest figures meaningless, say growers
16 Aug 2013
One hundred and seventy owners of post-1989 forests left the Emissions Trading Scheme last year.
NZ commits to 5% climate change target
16 Aug 2013
New Zealand has committed to reducing greenhouse gas emissions to five per cent below 1990 levels by 2020.
Foresters opting out of ETS, says Labour
16 Aug 2013
A new report shows the gutted Emissions Trading Scheme is damaging the forestry sector, Labour’s Climate Change spokesperson Moana Mackey says.
Australia draws the battle lines
16 Aug 2013
There’s a carbon battle going on over the Tasman in the lead-up to that country’s general election.
Carbon budget essential, says council
9 Aug 2013
The Sustainability Council is launching a new push to get New Zealand into carbon budgeting.
Climate action long overdue, says Labour
2 Aug 2013
The Labour Party says that a report by the Prime Minister’s Chief Science Adviser, Sir Peter Gluckman, must surely trigger some Government action to try to mitigate the effects of climate change.
Trading seen as answer to South Africa’s energy crisis
26 Jul 2013
Balancing the climate change issue with sustainable energy and the threat of carbon shortage is no easy task for South Africa but carbon trading might just help.
EUAs hit three-week high
26 Jul 2013
European carbon prices are firmer across the board this week, with Dec13 EUAs, ERUs and CERs all stronger, Westpac reports.
Australia makes early move to carbon trading
19 Jul 2013
Australian households will benefit from an average $380 reduction in the cost of living next financial year after the country moves to a floating price on carbon emissions, the Rudd Government says.
Big news from the US, Australia
28 Jun 2013
There have been significant policy developments over the past week in the global emissions arena, Westpac reports.
Prices force rethink of forestry carbon rules
21 Jun 2013
Forest owners exploiting low carbon prices to convert forest land to dairy farms have forced government officials to rethink this country’s net forestry carbon position.
Deadline looms for forest owners
21 Jun 2013
Forest owners have just over a week to file returns for the first commitment period of the Kyoto Protocol.
WWF accuses NZ of hypocrisy
7 Jun 2013
The New Zealand government is subsidising the oil and gas industry to the tune of $46 million annually, an investment at odds with its claims on the world stage to be ‘spearheading’ efforts to reform fossil fuel subsidies, says global conservation organisation WWF.
Europe wants emissions plans set early
31 May 2013
All countries should outline their long-term plans for curbing greenhouse gases next year, earlier than favoured by Washington, to revive the stalled fight against climate change, the European Union has proposed.
Govt vow ‘huge news’ for foresters
24 May 2013
The Government says it is committed to the Permanent Forest Sinks Initiative.
Emissions windfall drops … by millions
17 May 2013
New Zealand’s emissions “windfall” has fallen to just $3 million because forests are being converted to dairy farms.
Yes, NZ is in the carbon trading club
17 May 2013
New Zealand is contributing to the development of international carbon-trading markets, the Government says.
Have we joined the carbon power brokers?
10 May 2013
New Zealand is apparently part of a “club” that will set international standards on carbon trading.
Ministry studies carry-over submissions
12 Apr 2013
The Government has received 20 submissions on the issue of carry-over provisions for the second commitment period of the Kyoto Protocol.
Shanghai second city to trade carbon
12 Apr 2013
Just days after Shenzhen became the first Chinese city to set a launch date for its city-wide carbon trading scheme, Shanghai has followed suit with confirmation its own carbon market will be in place before the end of June.
NZUs look good as carbon prices rise
22 Mar 2013
Carbon has started edging up, prompting traders to recommend buying NZUs.
Kyoto call kills off tar sands project
22 Mar 2013
Canada’s withdrawal from the Kyoto Protocol has led to one of the world’s most prestigious research institute pulling out of a $25 million tar sands project.
Carry-over of Kyoto units not what’s wanted
22 Mar 2013
The first commitment period of the Kyoto Protocol ended on December 31.
Climate challenges in the spotlight
8 Mar 2013
International attempts to curb climate change will be put under the microscope by one of New Zealand's leading climate scientists.
Meet the ETS winners ... and losers
1 Mar 2013
Depressed, depressed, and depressed sounds like a state of mind, and for some it could well be, but indications are that the erosion of the Emission Trading Scheme as a cost effective mechanism for reducing and abating greenhouse gas emissions is real and spreading across the planet.
It's official ... NZ banned from Kyoto deals
22 Feb 2013
New Zealand will not be allowed access to Kyoto-based carbon credits – including CERs – from 2015.
ERUs' numbers double in year
22 Feb 2013
The number of ERUs used by New Zealand emitters to meet their carbon obligations this year is expected to be double the number used last year.
Can't get NZUs 'for love nor money'
22 Feb 2013
As it sits right now, you can surrender CP1 UN offsets for the next three emission years counting 2012, 2013 and 2014.
We've become small-scale and stand-alone
8 Feb 2013
A mere 12-to-24 months ago, many in the carbon business in New Zealand believed the chances of synergising the New Zealand carbon markets with other markets, such as the emerging Australian carbon market, were good, Carbon Market Solutions says.
Officials sort out Kyoto withdrawal
1 Feb 2013
Government officials are working out the implications of New Zealand’s withdrawal from the Kyoto Protocol.
FORUM: '100% pure' is 100% damaging
1 Feb 2013
100% Pure NZ tag is damaging our economy, says marketing adviser DANIEL BATTEN.
Our oil sands are fine, insists Canada
1 Feb 2013
A Canadian bid to persuade European Union policymakers to soften proposed fuel quality laws has come unstuck.
Forest returns dragging the chain
18 Jan 2013
The sluggishness of the carbon market appears to be reflected in this year’s post-1989 forest carbon returns.
China could lead world in carbon trading
18 Jan 2013
Pilot schemes to be launched in China this year could be the start of a world-class system - if the country can solve its data-gathering problems.
Dull year behind us, flat year ahead
18 Jan 2013
The past 12 months have seen little domestic activity in terms of NZU purchasing to meet obligations under the ETS.
NZ carbon stand wrong, says Kyoto expert
14 Dec 2012
New Zealand’s political determination to maintain access to carbon at international prices is a mistake, says our most seasoned Kyoto negotiator.
Doha votes to bar NZ from KP2 credits
14 Dec 2012
New Zealand will not be allowed access to international carbon credits generated under the second commitment period of the Kyoto Protocol.
What's our market worth?
14 Dec 2012
Carbon Match founder Lizzie Chambers reflects on the fallout from the COP18 meeting
Poor countries the big climate winners
14 Dec 2012
Poor countries have won historic recognition of the plight they face from the ravages of climate change, wringing a pledge from rich nations that they will receive funds to repair the "loss and damage" incurred.
UN happy with progress made in Doha
14 Dec 2012
The outcome of the United Nations climate conference in Doha paves the way for a comprehensive, legally binding agreement by 2015, says Secretary-General Ban Ki-moon.
ETS progress? You're better off going fishing
14 Dec 2012
By WAYNE KING, Carbon Market Solutions. Now that the climate talks are completed in Doha, and before the Christmas break and the New Year, can we take stock and feel optimistic about agreed international action to halt global warming and the impacts of anthropogenic climate change?
NZ faces carbon markets shut-out
7 Dec 2012
New Zealand could be shut out of international Kyoto-compliant carbon markets
Key defends climate change actions
7 Dec 2012
Prime Minister John Key says that he takes criticism of New Zealand’s actions on climate change with a grain of salt.
'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.
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.
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.
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.
