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.
'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.
