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.
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
Tue 4 Nov 2025
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
Tue 4 Nov 2025
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?
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
Tue 4 Nov 2025
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
Tue 4 Nov 2025
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
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
Tue 4 Nov 2025
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.
