Topics tagged with 'Market advice'
UK likes our way with international credits
13 Jun 2019
Britain is following New Zealand's lead in saying it will probably use international carbon markets in its drive to carbon neutrality - despite the advice of its own experts.
Investment firms issue climate warnings
13 May 2019
Two major financial companies are issuing warnings to investors over climate change.
Q and A: The commissioner explains
27 Mar 2019
Parliamentary Commissioner for the Environment Simon Upton answers questions on yesterday’s report recommending big changes to the way New Zealand deals with greenhouse gas emissions.
Treasury sees use for international credits
22 Mar 2019
Treasury wants to retain the ability to use international carbon credits to meet New Zealand’s 2050 emissions reduction target, confidential papers show.
How emitters can't see the trees for the carbon
18 Mar 2019
Storing carbon in new native forests could help to bring down New Zealand’s greenhouse gas emissions and protect native species at the same time, researchers say.
Shaw now first stop for farm emissions action
15 Mar 2019
The Interim Climate Change Committee will now report directly to climate minister James Shaw on whether the agricultural sector should be liable for emissions under the Emissions Trading Scheme.
Climate group about to rule on agriculture gases
14 Mar 2019
The Interim Climate Change Committee will make its recommendations next month on how New Zealand should treat greenhouse gases from agriculture.
EDITORIAL: We must 'believe' the facts
8 Mar 2019
New Zealand's mayors have been asked whether they believe humans are causing the climate to change.
ROD ORAM: Todd Muller's big year out
12 Feb 2019
National Party climate spokesperson Todd Muller has been reflecting on his year in the role.
Ardern will go all out for low-carbon economy
8 Feb 2019
Transitioning to a low-carbon economy is at the top of the Government’s budget priorities this year.
ClimCom could make methane call, says Treasury
30 Nov 2018
Treasury has suggested the Government delay setting a 2050 emissions reduction target, saying giving the decision to the yet-to-be-established climate commission would allow more time to decide by how much methane emissions should be reduced.
TRIBUTE: Climate-change pioneer Bernard Forde
16 Oct 2018
By ADELIA HALLETT | Today is the funeral of a man who pushed, to the best of his scientific and political ability, to get action on climate change.
New maps will settle forest-planting posers
19 Sep 2018
The thorny question of whether land is eligible for carbon forests could soon be solved – with a map.
GE ryegrass could slash emissions, Govt hears
12 Sep 2018
Feeding animals a genetically engineered high-energy ryegrass could cut greenhouse gas emissions from New Zealand farms by more than 20 per cent, the Government has been told.
Foresters happy, farmers wary of carbon path
5 Sep 2018
Recommendations for what is being called the biggest land-use change in New Zealand’s history are pleasing foresters but not farmers.
STATS SHOW: Shaw about to change the story
31 Jul 2018
Green Party co-leader James Shaw might be the climate minister, but it’s in his statistics portfolio that he is about to change everything.
Companies climate-aware but quiet on carbon risk
27 Jul 2018
Most New Zealand companies are not disclosing their carbon risk – despite ranking the environment and climate change as their top priorities, a new survey shows.
Act or face financial crisis, warns leading banker
13 Jul 2018
New central bank head Adrian Orr is warning of financial crisis and mass social unrest if the world doesn’t urgently address climate change.
Super fund joins in global pressure on companies
9 Jul 2018
New Zealand’s $39 billion public retirement fund is among major investors applying renewed pressure to carbon-intensive industries.
We could switch millions of hectares, say officials
5 Jun 2018
Two million hectares of New Zealand farmland could be switched from meat and dairy to more environmentally friendly horticulture, officials say.
TIME'S UP: It's Surrender Day for carbon emitters
31 May 2018
Today is Emissions Trading Scheme Surrender Day – the last day for emitters to surrender units to cover their emissions last year.
Government on global hunt for carbon credits
24 Apr 2018
The Government is locating sources of international units that could be used to meet New Zealand’s international climate obligations – but hasn’t decided yet whether to use them.
Science body pressures Commonwealth leaders
12 Mar 2018
New Zealand’s top science body is joining 21 others calling on Commonwealth countries to show “bold leadership” on climate change.
Climate commission's job to advise, says Upton
7 Mar 2018
The climate commission should make recommendations on the Emissions Trading Scheme and the number of international credits used to meet New Zealand’s targets, but control should stay firmly in the hands of the Government, says new Parliamentary Commissioner for the Environment Simon Upton.
Minister aware of risk in delaying price cap rise
6 Mar 2018
The Government knows delaying lifting the carbon price cap could cost taxpayers money, but says it is unlikely to move until next year.
Emitters can keep stashed free carbon credits
9 Feb 2018
Trade-exposed heavy emitters sitting on free NZUs from taxpayers will be able to keep using them - even if they did contribute to New Zealand’s embarrassing “dodgy credits” incident.
Revealed: the cost of climate change
15 Dec 2017
Lack of government leadership means New Zealand business, society, infrastructure and the land itself are exposed to billions of dollars worth of potential damage from the impacts of climate change, the Government has been told.
Climate commission will look at farm emissions
12 Dec 2017
Climate minister James Shaw says the new climate commission will play a role in dealing with agricultural greenhouse gas emissions.
NZ has 'reckless' plan for global carbon-trading
11 Dec 2017
New Zealand's approach to negotiating carbon-trading relationships with other countries is drawing fire.
HUSH-HUSH: Officials want lid on global-market talk
8 Dec 2017
Officials are working on getting New Zealand access to international carbon markets when they develop – but they don’t want their activities made public.
SHAW THING: Business needs to get into gear
4 Dec 2017
New climate minister James Shaw has a clear message for business: get your house in order because New Zealand is decarbonising ... fast.
Papers show official eyes on cutting free credits
16 Nov 2017
Government officials have looked at cutting the allocation of free credits to some industrial emitters by between 1 per cent and 3 per cent a year.
Shaw might clear our name over dodgy credits
14 Nov 2017
New Zealand might yet come good on the issue of dodgy carbon credits.
EU strikes deal on carbon market reform
13 Nov 2017
European Union negotiators have agreed to a compromise on carbon market reforms, with the bloc keen for a deal this week to show leadership at UN climate talks in Bonn.
How Bennett toyed with cross-party climate move
1 Nov 2017
Former climate minister Paula Bennett sought advice on forming a cross-party agreement on climate change.
WINSTON'S THE WORD: What NZ First leader wants
25 Sep 2017
A party which has vowed to get rid of the Emissions Trading Scheme now holds the balance of power in New Zealand’s Parliament.
TAX OR TRADE?: It doesn't make much difference
19 Sep 2017
Ditching the Emissions Trading Scheme in favour of a carbon tax will not solve New Zealand’s emissions woes, a new report says.
Coalition candidates want to rid us of ETS
11 Sep 2017
Two of the parties that could be involved in any centre-left coalition after the election want to scrap the Emissions Trading Scheme.
BLACK-OUT: What was ministry advice on Kiwirail?
1 Sep 2017
Heavily redacted documents give little clue what advice the Ministry for the Environment gave the Government on the scrapping of KiwiRail's electric engines.
CLIMATE REPORT: What is the Government hiding?
30 Aug 2017
The Government’s refusal to release a report on the impacts of climate change suggests it might contain something politically damaging, says constitutional law expert and former Prime Minister Sir Geoffrey Palmer.
Nation's best tell MPs how to do climate change
16 Aug 2017
Eminent New Zealanders backed by 60 NGOs will tell MPs today what they should do about climate change.
THE COUNT: At last, a leader talks climate policy
31 Jul 2017
Seven weeks out from the general election, we’ve finally got a political leader talking climate change policy – and it’s Winston Peters.
We need expert climate advice, says commissioner
27 Jul 2017
New Zealand should adopt a UK-style Climate Change Commission and all political parties should support it, says the Parliamentary Commissioner for the Environment.
Mayors demand English acts on climate change
25 Jul 2017
New Zealand’s mayors want a national emissions reduction plan and a stocktake of the likely cost to the country of climate change – something Prime Minister Bill English has steadfastly rejected.
Environment officials quiet on new coal mines
24 Jul 2017
The Ministry for the Environment has given the Government no advice on the climate implications of developing 13 new coal mines.
Busy ministry delays work on emissions planning
20 Jul 2017
Planning to cut New Zealand’s greenhouse gas emissions in line with the country’s Paris Agreement commitments has been delayed because of the Ministry for the Environment’s heavy workload, confidential papers show.
Officials work to cut shocking vehicle emissions
18 Jul 2017
Officials will put a plan to cut New Zealand’s appalling transport emissions to the Government before the end of the year.
Net-zero worthy target, says cross-party group
13 Jul 2017
The pan-political Globe climate group says cutting New Zealand’s greenhouse gas emissions to net-zero by 2050 is worth serious discussion.
CLIMATE COST: Disaster damage bill tops $150 million
10 Jul 2017
Climate-related disasters have cost New Zealand more than $150 million this year.
IT'S OFFICIAL: Ministers get the word on ETS changes
5 Jul 2017
Official advice on changes to the Emissions Trading Scheme has made its way from officials to ministers.
Oxfam calls on Govt to renew climate finance commitments
Mon 8 Jun 2026
By Shannon Morris-Williams | The Government's failure to renew international climate finance commitments has left Pacific nations short at least $100 million a year, with Oxfam Aotearoa linking the funding gap to New Zealand's weakened Emissions Trading Scheme.
Call for wider investigation into private back-channel emails in PM’s office
Today 12:30pm
By Liz Kivi | The Green Party is calling for a full investigation into the use of private email in the Prime Minister's Office, as the scandal following a missing Fonterra and Z Energy climate policy briefing document drags on.
$30m airline fund risks ‘burning public money’ without lasting benefit – expert
20 Mar 2026
By Shannon Morris-Williams | A $30 million government package to support regional air routes risks delivering poor value for money while increasing emissions, according to transport strategist Tim Adriaansen.
Europe's green jet fuels see upside in Iran war
Wed 3 Jun 2026
Interest in synthetic propellants is growing as the Iran war pushes Europe to reassess its dependencies, raising hopes of a turnaround for the struggling sector, according to industry experts.
Fed Farmers' election wish-list includes stopping whole-farm conversions to carbon forestry
Today 12:30pm
Federated Farmers has launched a five-point plan for the next government, setting out what it says should be a major focus for political parties heading into the November election.
Huntly biomass option no cheap fix, Genesis tells MPs
28 May 2026
Genesis Energy says biomass can be burned in Huntly's Rankine units, but current costs put it in roughly the same price range as imported LNG and extra Rankine capacity would be expensive and could take years.
No bidders again: NZ carbon auction extends losing streak
Today 12:30pm
By Shannon Morris-Williams |New Zealand's carbon auction has failed for the sixth consecutive time, with no bidders emerging for the 2.6 million NZUs on offer as secondary market prices remain well below the Government's $71 auction floor price.
Bonn Bulletin: Tackling climate crisis is “hardest” challenge ever, Stiell says
Today 12:30pm
The June Climate Meetings open with a reminder to delegates of the tough but ever-clearer imperative of shifting away from fossil fuels to clean energy.
Carbon auction set to fail while new data suggests sharp decline in stockpile
Mon 8 Jun 2026
By Liz Kivi | Tomorrow’s carbon auction is odds-on to fail again, even as the latest figures from the Environmental Protection Authority show the ‘stockpile’ of NZUs continuing to decline.
Importing LNG would raise costs and emissions: it’s a terrible decision for New Zealand
Today 12:30pm
COMMENT: Today’s announcement from the Government is political smoke and mirrors, with electricity users’ wallets still set to bear the brunt of the proposed LNG facility, writes Christina Hood.
NZ’s sustainable finance credibility gap
Fri 5 Jun 2026
By Manbo He | COMMENT: New Zealand has built serious sustainable finance infrastructure - but risks failing to attract the global capital that infrastructure was designed for, because it lacks the practitioner capability to operate it credibly.
Green building council calls for clean energy policies
18 May 2026
The New Zealand Green Building Council has released its 2026 election manifesto calling for policies to reduce energy waste in buildings, lower household and business energy costs, and improve New Zealand’s energy security.
What Magyar’s defeat of Orbán in Hungary means for climate and energy
21 Apr 2026
Hungary has played a disproportionate role in EU climate and energy policy in recent years, by repeatedly vetoing climate action and by delaying the phaseout of Russian fossil-fuel imports.
Diesel vs LNG – both high cost options for dry year cover
Mon 8 Jun 2026
By Pattrick Smellie | ANALYSIS: While last week’s Sapere report – looking at the Government’s proposed LNG terminal for electricity ‘dry year’ cover – says diesel would be better in the short-term, opting for diesel would lead to higher more volatile electricity spot prices in the next few years.
Labour on overturning LNG: ‘we’d need to see the contract’
Today 12:30pm
By Pattrick Smellie | An incoming Labour government later this year would need “to look at the contract” before deciding whether it would be bound by the current government’s commitment to a user-pays funded liquefied natural gas terminal.
Environmental groups call for ETS reform
20 Feb 2026
Several environmental organisations are calling on political parties to make climate and biodiversity central to the 2026 election campaign, with reforming the Emissions Trading Scheme seen as a key priority.
‘That’s a bad combination’: why Australia may be in for a slushy snow season
Today 12:30pm
Snow arrives in time for the start of ski season, but climate change and El Niño mean it may not stick around for long, experts say.
EDS urges MPs to scrap the Fisheries Amendment Bill
5 May 2026
Media release | The Environmental Defence Society today lodged a substantive submission on the Fisheries Amendment Bill.
'Terrible result': Emissions barely budged in 2024
Fri 5 Jun 2026
By Shannon Morris-Williams | New Zealand's greenhouse gas emissions were virtually unchanged in 2024, falling by 0.03%, despite the economy shrinking by ten times that amount during the same period, according to new data.
Meridian nears Pūkaki approval despite energy security warning
Today 12:30pm
Meridian Energy is close to winning fast-track approval to draw Lake Pūkaki deeper than normally allowed, despite the Energy Minister warning the move could weaken New Zealand’s dry-year electricity security and saying he does not support the application in its current form.
Cabinet green-lights $55M super-critical geothermal drilling programme
Today 12:30pm
By Pattrick Smellie | Cabinet has agreed to release the $55 million unspent of the $60m secured by Resources Minister Shane Jones to drill up to 5 kilometres deep into super-critical geothermal heat under the Taupō volcanic zone.
Sustainable finance taxonomy for energy sector – consultation
Mon 8 Jun 2026
The Centre for Sustainable Finance is consulting on the sustainable finance taxonomy’s draft energy sector criteria.
NZ’s ‘light‑touch’ approach to voluntary carbon and nature markets may unlock finance but risks credibility
2 Jun 2026
By Jennifer Campion, University of Waikato | The government’s recent announcement of support for voluntary carbon and nature markets effectively offers a “warrant of fitness” to signal which markets can be trusted, without directly regulating them.
Why ‘greenhushing’ signals deeper issues with NZ’s climate risk reporting regime
15 May 2026
By Hang Pham, Te Herenga Waka — Victoria University of Wellington | Most of us are familiar with the concept of greenwashing: organisations exaggerating or overstating their environmental credentials. But in New Zealand, there are signs the country’s climate disclosure regime may inadvertently be driving a very different trend: not saying much at all.
Hipkins pans LNG plan as ‘massive step backwards’
19 May 2026
By Liz Kivi | Labour leader Chris Hipkins has told a Queenstown audience that a Government he leads would not proceed with a planned LNG import terminal, if elected at November’s election.
Victorian Hydrogen announces Southland urea fertiliser project using coal
22 Apr 2026
By Liz Kivi | Australian-based Victorian Hydrogen has announced it is developing a new 1.5 million-tonne-a-year urea fertiliser operation in Southland, which it will apply for under fast-track legislation.
Media round-up
Fri 5 Jun 2026
In our round-up of climate coverage in local media: The government must stop delaying decisions on funding climate adaptation, says Gisborne mayor; insurance conference exposes poor preparation for climate change; and Labour questions whether a disappearing climate briefing note was part of a deliberate cover-up.
Climate law change spanner in the works for Waitangi Tribunal Inquiry
19 Dec 2025
By Liz Kivi | The Government’s controversial changes to New Zealand’s legal framework for climate policy have thrown a spanner in the works for a long-running Waitangi Tribunal Inquiry into climate change.
EU sues Ireland over failure to protect carbon-rich bogs
Mon 8 Jun 2026
The European Commission is taking Ireland to court over its failure to protect environmentally crucial boglands from commercial turf-cutters.
NEWS ALERT – Full steam ahead on LNG: but timing slips
Today 8:45am
By Pattrick Smellie | The government is pressing ahead with plans to import liquefied natural gas, paid for by the ‘big four’ electricity generators, but its timetable is slipping closer to election day.
Changes to emissions factors prompt caution over climate claims
Thu 4 Jun 2026
By Shannon Morris-Williams | Organisations may need to revisit how they calculate and communicate their greenhouse gas emissions after the Ministry for the Environment released an updated version of its Measuring Emissions Guide, incorporating new emissions factors based on New Zealand's latest greenhouse gas inventory.
Move to block lawsuits could strengthen climate case against Govt
14 May 2026
By Liz Kivi | The Government’s plan to block climate lawsuits – while potentially fatal for one groundbreaking climate case – could actually bolster claims in another live climate case underway against the Government.
Lack of demand leads to Bathurst pausing coal mine expansion
2 Jun 2026
By Liz Kivi | Bathurst Resources has confirmed it is struggling to find a market for coal from its planned extension of the Rotowaro coal mine in North Waikato, and is putting the project on ‘pause’.
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.
Deep South marine reserves boost protection by nearly 50%
Wed 3 Jun 2026
Five new marine reserves protecting more than 300 square kilometres of ocean habitat along the Otago and south Canterbury coast will come into force next month, marking one of the largest expansions of mainland New Zealand's marine reserve network in decades.
Environmental groups sue Trump administration over approval of new ultra deep-water drilling project
23 Apr 2026
Environmental groups sued the Trump administration on Monday over its approval last month of oil company BP’s ultra deep-water drilling project in the Gulf of Mexico.
Seven ‘new approaches’ to avoid our Paris commitments: Carr
Thu 4 Jun 2026
Praying for “new approaches” to materialise to meet our international climate obligations isn’t a strategy, writes Rod Carr.
A real ‘intergenerational equity’ budget would address Australia’s unceasing environmental decline
15 May 2026
Labor has unveiled a budget designed to tackle intergenerational equity in Australia through bold tax reform.
Six NZ climate solutions up for 2026 Earthshot prize
21 May 2026
By Shannon Morris-Williams | Six New Zealand climate and sustainability initiatives have been nominated for the 2026 Earthshot Prize, with the shortlist showcasing Kiwi-led solutions tackling emissions, plastic waste and ocean restoration.
Northern Thai residents march for action on polluted rivers. ‘This is an emergency’
Today 12:30pm
More than 600 residents of Chiang Mai and Chiang Rai provinces embarked May 31 on a roughly 68-kilometer, six-day ‘peace walk’ to demand the Thai government take action on the river pollution crisis that has seen Thai rivers polluted with heavy metals.
Why China's critical minerals strategy leaves the US behind
Mon 8 Jun 2026
The United States cannot realistically recreate that dominance overnight even if the political will existed.
Govt legislates for more gas market transparency
2 Jun 2026
The Government has passed its Gas Market Transparency Bill through all stages under urgency, giving itself stronger powers to see into a gas market where tightening supply is creating significant uncertainty for businesses.
Waikato launches vision for energy transition bringing $4.5 billion investment to the region
Mon 8 Jun 2026
By Shannon Morris-Williams | Waikato Regional Council has released a strategy aiming to position the region at the centre of New Zealand's energy transition, with plans to boost energy security, cut emissions and unlock billions of dollars in economic opportunities by 2050.
‘Landmark’ conservation reform bill – boost or bust for nature?
8 May 2026
By Liz Kivi | The Government has announced an overhaul of the country’s conservation system, which environmental organisation Forest & Bird says will undo the work of many generations of Kiwis to protect public conservation land.
Researchers say this new Trump rule could destroy American science as we know it. They’re fighting back
Mon 8 Jun 2026
Scientists across multiple disciplines are sounding the alarm after the White House proposed taking greater control over how scientific research gets funded and allowing political appointees to decide whether to approve scientific grants.
China’s CO2 climbs 2% in early 2026 due to ‘wasted’ wind and solar
Fri 5 Jun 2026
The country used more coal and gas to generate electricity than in the same quarter a year earlier, despite a record amount of new wind and solar capacity being built.
Carbon trading schemes cut more emissions than carbon taxes, according to global study
20 Mar 2026
By Shannon Morris-Williams | Carbon trading schemes are more effective than carbon taxes at reducing emissions, cutting fossil fuel use, and accelerating the shift to renewable energy, a global study has found.
EU wants households to cut peak time energy use as demand from industry and AI soars
Fri 5 Jun 2026
A new law will aim to use artificial intelligence to boost efficient use of power as electricity demand threatens to overwhelm Europe’s grids.
Pacific climate response in question as NZ finance remains unclear
19 Dec 2025
By Shannon Morris-Williams | With New Zealand's $1.3 billion international climate finance commitment set to end with no clarity on what follows, the Auditor-General says oversight of that funding remains patchy and long-term outcomes are unclear.
UK urged not to further weaken EV rules as CO2 impact revealed
Today 12:30pm
British vehicles will emit an extra 17 million tonnes of CO2 by 2030 due to a loophole allowing the sale of more PHEVs, data suggests.
What to expect from the Bonn climate talks
Mon 8 Jun 2026
The annual June climate talks in Bonn are taking place this year against the backdrop of an oil and gas supply crisis tied to the Iran war and deadly heatwaves in Europe, India and the Middle East. Can they produce anything substantial to ease the squeeze on economies and communities around the world?
Project linking food waste to cutting methane emissions gets underway
27 May 2026
Media release | Kai Commitment is leading a New Zealand-first project to help understand the connection between food waste and methane emissions and identify effective interventions.
Record-breaking heat and dry spring leave parts of England without water
2 Jun 2026
Thousands of households in southeast England were left without water or facing low pressure during a record-breaking heatwave this week, as high demand followed a dry spring to expose the failings in Britain's ageing infrastructure.
Why is Northern Ireland facing a growing threat from wildfires?
7 May 2026
Figures show that spring drought events are happening more often while there has been a sharp rise in "fire weather" - a mix of warmth, dryness, and wind that allows fires to ignite and spread rapidly. Experts warn this combination, along with climate change, is creating a longer and more volatile wildfire season.
Waves with world's first wind power undersea data center
Thu 4 Jun 2026
China has begun operations of the world's first undersea data center directly powered by offshore wind, as the country races to solve the soaring energy demands of artificial intelligence with greener and more efficient infrastructure.
