Topics tagged with 'Kyoto'
We're staunch, junior minister tells world
7 Dec 2012
New Zealand has attempted to assure the world that its carbon-reduction targets will continue beyond 2015.
This is a crisis, Ban tells Doha
7 Dec 2012
Secretary-General Ban Ki-moon has urged countries at the United Nations talks in Doha to act decisively to tackle the growing crisis of climate change.
Energy savings only way left, says economist
7 Dec 2012
Energy savings are one of the “few valuable options” left for humankind to reduce carbon dioxide emissions, says the chief economist of the International Energy Agency.
Dodgy Doha poor place for climate talks
30 Nov 2012
As world leaders gather in Doha for the COP 18 climate change talks, Wayne King, a veteran of COP 1, reflects on progress to date.
Greens accuse Nats of breaking promises
23 Nov 2012
The National Government has broken two election promises it made to act on climate change, the Green Party says.
Plans to reduce supply in world's largest market
23 Nov 2012
International prices have traded sideways following last week’s back-loading proposal announced by the European Commission.
We'd sign with Kyoto, promises Labour
16 Nov 2012
A Labour Government would sign up to the second commitment period of the Kyoto Protocol.
Good on ya, Julia, says UN chief
16 Nov 2012
Australia has been publicly thanked by the United Nations for signing on for the second commitment period of the Kyoto Protocol.
If the world burns, we burn
16 Nov 2012
A number of comments made by the public about the Government's decision to not sign up to the second commitment period of the Kyoto Protocol appear to be made from a position of lack of understanding of the global atmosphere, including the complex processes which the atmosphere undergoes, Carbon Market Solutions says.
Carbon hovers above historic lows
9 Nov 2012
Very little changed in the European carbon market last night,OMFinancial reports.
EU cans plans to limit ‘hot air’ credits
2 Nov 2012
EU environment ministers have abandoned plans to limit excess supply of Kyoto-era carbon credits on the world’s markets after seven eastern European states backed Poland’s opposition to the measure.
Price flop not a good look, admits Smith
26 Oct 2012
Former Climate Change Minister Nick Smith admits that low carbon prices are sending “weak” market signals to emitters and foresters.
Brussels wants to ban $500m in ERU credits
26 Oct 2012
The European Commission has proposed an Emissions Trading System ban on $US570 million of Kyoto-era carbon credits from non-EU countries such as Russia, which have not signed up to a second Kyoto commitment period.
Europe on track to meet Kyoto targets
26 Oct 2012
Emissions of greenhouse gases in the European Union fell on average by 2.5 per cent from 2010 to 2011, although several countries increased emissions.
Groser: We'll check out status of units
19 Oct 2012
The Government says it will look at the eligibility of some international units under New Zealand’s Emissions Trading Scheme.
Government lying to us, says forester
28 Sep 2012
The Government is being accused of lying to New Zealanders over plans to encourage afforesation as a means of reducing greenhouse gas levels.
EDITORIAL: The problem called John Banks
28 Sep 2012
The Government may be weakening in its opposition to restricting the number of international carbon units allowed into New Zealand.
Why Romney in the White House scares Europe
28 Sep 2012
European Union officials are privately alarmed at the chilling effect that a Mitt Romney win in the US presidential election could have on global climate talks, says the EurActiv agency.
Prices stage a rally ... of sorts
28 Sep 2012
Despite carbon prices remaining at extreme low levels, the overall market has seen a rally of sorts, Westpac reports.
Trader warns of carbon unit avalanche
21 Sep 2012
Billions of cheap carbon units are bound for New Zealand – enough to meet the country’s carbon obligations for decades, Parliament has been warned.
Is ETS a scheme or a scam, ask Greens
21 Sep 2012
New Zealand's emissions trading scheme could be renamed the emissions trading scam, Parliament has heard.
Put that in writing, minister, says council head
14 Sep 2012
Sustainability Council chief Simon Terry is challenging Climate Change Minister Tim Groser to deny in writing that New Zealand faces a carbon deficit.
Experts urge action to save carbon market
14 Sep 2012
A high-level panel established to take stock of the Kyoto Protocol’s Clean Development Mechanism has released its recommendations by urging nations to intervene forcefully to address the crisis in the carbon market.
Putin mulls over carbon trading
14 Sep 2012
Russian President Vladimir Putin could make an announcement on an internal carbon trading system by the end of the month, says the Moscow Times.
Surplus threatens climate deal, says report
14 Sep 2012
Current Kyoto Protocol rules allow rich countries to continue to emit greenhouse gases on a business-as-usual trajectory while accumulating more than 17 billion tonnes of surplus emission reduction permits by 2020, a new study shows.
NZUs down in line with European prices
14 Sep 2012
European carbon offsets have continued to fall, down around 30 per cent now since the beginning of the month, Westpac reports.
We’re well on the road to Doha, says UN
7 Sep 2012
A week of climate talks in Bangkok has allowed countries to make concrete progress on key issues, providing a positive momentum for the upcoming United Nations conference in Doha, says a UN official.
It's raining ERUs ...
7 Sep 2012
It was another night of contrasts; CERs and ERUs smashed and EUAs managing a small gain, OMFinancial reports.
NZUs hit barrier at $5
7 Sep 2012
Local market trading over the week has occurred in range-bound markets, Westpac reports.
Coconut compound does the trick
31 Aug 2012
A New Zealand scientist has come up with a product that he hopes will allow farmers to earn carbon credits while cutting greenhouse gas emissions and boosting production.
Mining cuts won't ease gases liability
31 Aug 2012
Solid Energy’s decision to cut coal production in the face of depressed prices might result in fewer climate-damaging greenhouse gas emissions, but it will do little for New Zealand’s GHG liability.
Australia to link with EU carbon market
31 Aug 2012
Australia will scrap its planned floor price for carbon emissions and will link directly with the European Union's emissions trading system by 2018, says Climate Change Minister Greg Combet.
Was that the sound of a slamming door?
31 Aug 2012
The announcement this week by Australia’s Climate Change Minister, Greg Combet, of an arrangement between Australia and the European Commission whereby the Australian Carbon Pricing Mechanism is to be linked to the EU ETS sounds like an announcement for carbon traders to celebrate Christmas early, says Carbon Market Solutions.
Groser talks green in Germany
13 Jul 2012
Climate Change Minister Tim Groser is talking clean-tech investment in Germany.
Don't trade in the Holden on a push bike
29 Jun 2012
Twenty years after he attended the Rio Earth Summit, Carbon Market Solutions' Wayne King looks at progress and hopes for the future:
EDITORIAL: Our leaders should be in Rio
15 Jun 2012
Twenty-five years ago, the world was urged to adopt sustainable development.
Growing market meets carbon challenges
1 Jun 2012
The total value of the carbon market grew by 11 per cent in 2011, to $176 billion, and transaction volumes reached a new high of 10.3 billion tonnes of carbon dioxide equivalent, says a new World Bank report.
NZ facing the KP2 question
18 May 2012
At the Durban climate change talks last year, Japan, Canada and Russia announced that they would not sign up to Kyoto Protocol 2.
Forest credits must find place in Asia
11 May 2012
New Zealand is moving to secure access to emerging Asian carbon markets.
NZ wants new deal for carbon markets
11 May 2012
Negotiations for a new framework for international carbon markets will be a priority for the New Zealand delegation at international climate change talks in Bonn next week.
Time running out for ETS submissions
11 May 2012
If you haven’t yet made your submission on the latest round of changes to the Emissions Trading Scheme you’re nearly out of time.
Deadlines loom for forest owners
4 May 2012
Time is running out for the owners of more than 250,000ha of post-1989 forest to claim carbon credits earned between 2008 and 2012.
Stop and think about the tax
27 Apr 2012
As we head in to May surrender time, OMFinancial is urging all ETS participants who are about to pass units to their points of obligation or to the Government to pause and consider the amount of tax you are effectively about to pay.
Market revival in PFSI credits
23 Mar 2012
Interest in the Permanent Forest Sink Initiative is picking up again in the wake of indications that it will not be scrapped.
Europe tells China to start own ETS
23 Mar 2012
The European Union has hinted that it hopes to avoid levying its controversial carbon-emissions tax on flights from China, if Beijing introduces its own carbon-trading scheme to cover aviation.
NZ yet to decide on Kyoto stance
9 Mar 2012
The Ministry of Foreign Affairs and Trade is working towards an agreement to sign on to the second commitment period of the Kyoto Protocol, set to start on January 1 – and the rule changes could have an impact on our Emissions Trading Scheme.
Govt might block overseas credits
3 Feb 2012
The number of international carbon credits coming into New Zealand could be cut.
Minister puts plans for environment
27 Jan 2012
New rules to protect New Zealand’s oceans and freshwater, streamlining the Resource Management Act, a new Environment Reporting Act and aligning the Emissions Trading Scheme with that of Australia are on the Government’s agenda.
Carbon battles back from lowest point
20 Jan 2012
Carbon is fighting back after hitting an all-time low this week.
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.
