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.
Urban rewilding combats global biodiversity decline
Wed 28 May 2025
Media release | A new study led by the University of Sydney reveals how cities around the world are restoring wildlife to their former habitats in the face of ongoing urban sprawl.
Controversy around NZ’s methane target hits international press
Today 12:00pm
By Liz Kivi | New Zealand’s approach to methane targets has hit international media, with climate scientists from multiple countries penning an open letter warning Prime Minister Christopher Luxon not to weaken methane targets.
Greenwashing is rife in Australia, but could its days be numbered?
Wed 28 May 2025
COMMENT: Have you ever ticked the box to “fly carbon neutral”, had something delivered via “carbon-neutral shipping” or chosen to pay a bit extra to buy “carbon-neutral gas” from your energy retailer?
Help sustainable aviation fuels take off or delay targets, airlines warn EU
20 May 2025
Earmarked funding, risk-reduction tools, and simplified imports top Airlines for Europe’s wish list for the EU’s upcoming Sustainable Transport Investment Plan.
Govt's RMA overhaul sparks fears for nature and climate
Fri 30 May 2025
By Shannon Morris-Williams | The Government has opened public consultation on the biggest overhaul of environmental planning rules in New Zealand’s history, with critics warning it puts nature and climate at risk in favour of fast-tracked development and industry expansion.
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.
Govt mulls status quo for ETS auction settings
Thu 29 May 2025
By Liz Kivi | The government has released its consultation on the Climate Change Commission’s latest advice on Emissions Trading Scheme auction settings and volumes, putting forward the option to ignore the commission’s advice to boost auction volumes from 2028-2030.
EU climate chief lobbied Germany to back weakened 2040 goal
Today 12:00pm
The European Commission’s climate chief successfully lobbied Germany’s coalition government to endorse a controversial measure that weakens the EU’s next climate target.
Carbon price too low to fund carbon capture
20 May 2025
The government’s climate target to 2030 is at risk, after revelations that a carbon capture project which the government was relying on to deliver one third of its carbon reductions, might not go ahead.
Fight over coal mine heats up
Fri 30 May 2025
Forest & Bird is calling on the government to create a new scientific reserve covering the Denniston Plateau on the West Coast, which would stop a fast-tracked coal mine.
Trump’s actions are already having consequences for climate, especially for the IPCC - expert
11 Apr 2025
Leading climate scientist, Dr Kevin Trenberth, left the US and came home to New Zealand because of the rise of Donald Trump. In this comment piece, he writes that he is appalled in multiple ways by the so-called “war on science” unfolding through staff cuts and the president’s policy edicts.
Owning a green home could cut mortgage payback time by two years
9 May 2025
A green certified home plus a green mortgage and associated energy bill savings could save Kiwi families up to $98,800 over the course of their mortgage - the equivalent of being mortgage-free several years early, according to new research.
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.
Watts talks big on energy reform, but barriers persist
Thu 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.
“It’s not the car – it’s how we move” – EECA
Today 12:00pm
By Shannon Morris-Williams| New Zealand’s transport emissions conversation has focused heavily on electric vehicles – but Richard Briggs, group manager, delivery and partnerships at the Energy Efficiency and Conservation Authority, says we’re asking the wrong question.
Govt budgets $200m for would-be gas investors
23 May 2025
By Liz Kivi | Energy Resources Aotearoa has welcomed the government's plan to co-invest $200 million in fossil gas expansion, while environmental and climate groups have reacted with horror.
Death toll from Nigeria flash floods rises to 151
Today 12:00pm
At least 151 people in central Nigeria are now known to have died following flash floods that destroyed homes and displaced thousands of residents earlier this week.
Oceans Commission must have teeth – minister
14 May 2025
If an Oceans Commission were to be established under the government it would need genuine powers to make change, says Minister for Oceans and Fisheries Shane Jones.
Environmentalists see forestry changes as dangerous step for Tairāwhiti
Today 12:00pm
By Zita Campbell, Local Democracy Reporter | Tairāwhiti environmentalists have called changes for commercial forestry under proposed Resource Management Act reforms “a slap in the face” and a return to weaker forestry regulations.
Why expensive gas – not net-zero – is keeping UK electricity prices so high
Wed 28 May 2025
The UK’s high electricity prices have become intensely political, with competing claims over the cause of rocketing bills and how best to get them down.
Hotter and deeper: how NZ’s plan to drill for ‘supercritical’ geothermal energy holds promise and risk
2 Apr 2025
By David Dempsey, University of Canterbury | New Zealand’s North Island features a number of geothermal systems, several of which are used to generate some 1,000 MegaWatts of electricity. But deeper down there may be even more potential.
Electrification challenge for politicians, regulators
27 May 2025
Rewiring Aotearoa is calling for stronger political leadership to bring its vision of a cheaper, cleaner and stronger energy system to life, with the launch of its policy manifesto today.
Could ‘orange’ hydrogen be NZ’s key to net-zero?
Fri 30 May 2025
By Liz Kivi | New Zealand could be sitting on resources for a thriving multi-billion-dollar, low-carbon hydrogen economy, which might even be capable of creating a net reduction of carbon dioxide, according to scientists.
Energy Australia is in court accused of greenwashing. What is the case about and why is it significant?
16 May 2025
Climate group alleges energy giant misled 400,000 customers about ‘Go Neutral’ product, arguing that carbon credits don’t actually remove emissions.
Methanex closure comes early this year
14 May 2025
The almost-now-annual closure of Methanex has come earlier this year, giving more confidence that the electricity system will get through the winter without a fuel shortfall.
What happened to the hydrogen economy?
Today 12:00pm
The hydrogen car that was supposed to carry us into a cleaner future is still not in the driveway. In fact, outside of a few test markets, it’s not in anyone’s driveway.
Climate change could drive surge in foreclosures and lender losses, new study finds
22 May 2025
Extreme weather linked to climate change could spell financial ruin for many American homeowners and lead to billions in losses for lenders, a new study finds.
Energy Australia apologises to 400,000 customers and settles greenwashing legal action
22 May 2025
Energy retailer says carbon offsetting ‘not the most effective way’ to reduce emissions.
Kiwi cleantech companies on the world stage
27 May 2025
Six New Zealand 'cleantech' companies were in Singapore earlier this month, along with a venture capital firm and the MacDiarmid Institute, to meet investors and multinational partners.
Carbon News launches price index
24 Jun 2024
Today’s issue is the first to feature Carbon News’ own carbon price index for secondary market spot prices for NZUs on New Zealand’s compliance market.
New research reveals NZ’s natural resource footprint
Thu 29 May 2025
Media release | New research from the office of the Parliamentary Commissioner for the Environment reveals that about 107 million tonnes of natural resources were required to produce the goods and services consumed by New Zealanders in 2019 – approximately 21 tonnes per person on average.
World’s nations to gather in France to tackle what UN says is a global emergency in the oceans
Fri 30 May 2025
The world’s nations are gathering in France next month to tackle what the United Nations calls a global emergency facing the world’s oceans as they confront rising temperatures, plastic pollution choking marine life, and relentless overexploitation of fish and other resources.
Europe’s next climate target may already have been agreed in Berlin
Wed 28 May 2025
Germany’s new coalition has adopted a climate stance shaped by talks with the EU’s top climate official, signalling where the bloc may land on a likely upcoming 2040 emissions target.
Warm water affecting Antarctica’s largest ice shelf - new research
22 Apr 2025
While Antarctica’s Ross Ice Shelf is currently stable, new research shows warm water is reaching up to 170 kilometres under the front of the ice shelf.
NZ's first chance in 20 years to catch up on waste
Fri 30 May 2025
Media release | The government has announced proposals for updating the Waste Minimisation Act and the Litter Act. For the first time in nearly 20 years, Kiwis have a chance to catch up with other countries to reduce our waste and litter.
Dismissals 'massive win' for climate movement
13 May 2025
The outstanding charges against 25 climate activists who disrupted traffic in Wellington have been dropped, a move the group calls a win for the climate movement.
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.
For the first time, China invests more in wind and solar than coal overseas
Thu 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.
A fungus that can ‘eat you from the inside out’ could spread as the world heats up
27 May 2025
Infection-causing fungi responsible for millions of deaths a year will spread significantly to new regions as the planet heats up, new research predicts — and the world is not prepared.
Green budget 'ludicrous la-la land' – govt
15 May 2025
Prime Minister Christopher Luxon said the budget was "clown show economics" and an "absolute circus".
While govt ‘refreshes’ fund for low carbon trucks, are transport emissions set to accelerate?
Wed 28 May 2025
By Liz Kivi | The government has announced it is updating the Low Emissions Heavy Vehicle Fund, however cuts to funds to decarbonise transport in last week’s budget, and potential changes to road user charges, could stall transport emissions reductions.
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.
More than 1 in 4 cars sold globally in 2025 expected to be EV: IEA report
26 May 2025
According to the Global EV Outlook 2025 report from the International Energy Agency (IEA), 2025 is set to be big for EV sales. The report predicts that about one in four cars sold worldwide this year will be electric, despite overall market uncertainties.
Brazil seeks early deals on two stalled issues at Bonn climate talks
26 May 2025
Moving forward work on just transition and implementing recommendations from the Global Stocktake of climate progress are key priorities for upcoming UN negotiations.
Water crisis on the horizon?
26 May 2025
Media release | Sewage contaminating Auckland oyster farms highlights the “dire state” of water infrastructure in Aotearoa, says University of Auckland Associate Professor Daniel Hikuroa.
Global sea levels rise spelling catastrophe for coastal towns and cities
14 May 2025
For around 2,000 years, global sea levels varied little. That changed in the 20th century. They started rising and have not stopped since — and the pace is accelerating.
Tropical forest loss hit new heights in 2024; fire a major driver in Latin America
23 May 2025
Tropical forest loss skyrocketed in 2024, with vast swaths of primary forest consumed by fire, according to new satellite data.
NZ moving too slowly to decarbonise – former commission chair
22 May 2025
By Liz Kivi | New Zealand's energy transition is too slow and too controlled by vested interests, according to former Climate Change Commission chair Rod Carr.
