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Topics tagged with 'Market advice'

More in: Market advice
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Government keeps lid on Buller mining papers

22 Jun 2017

The Government is refusing to release briefing papers on proposed new coal mines on the Buller Plateau.

Paula Bennett

BUDGET BONUS: New money for emissions cuts

25 May 2017

The Government is putting $4 million into figuring out how New Zealand can cut its greenhouse gas emissions.

Nigel Brunel

Buying Euro credits would pay off, says trader

24 May 2017

New Zealand should hedge its international carbon risk by buying European carbon units, a broker says.

MPs out of the loop on farm emissions advice

10 May 2017

Parliament has again been told that the Government is getting advice on bringing agricultural emissions into the Emissions Trading Scheme.

Quiet revolution cuts energy consumption

29 Mar 2017

Energy efficiency is a subject unlikely to grab the headlines, but there is a quiet revolution under way that is changing the electricity industry and helping to save the planet from climate change.

Treasury wants a word about carbon exposure

16 Feb 2017

A little of Treasury’s thinking on how to protect the economy from carbon exposure has been revealed – including a hint that it wants to talk to the business community.

Tourism can make the world cleaner and greener

7 Feb 2017

OPINION | Tourism can be a force for good – depending how you do it, say World Tourism Organisation director-general TALEB RIFAI, United Nations Environment executive-director ERIK SOLHEIM and UNFCCC head PATRICIA ESPINOSA.

Linking carbon market would be a clever move

1 Feb 2017

New Zealand could cut the cost of meeting its international emissions reductions targets by linking its carbon market to emerging markets in Asia.

Paula Bennett

Bennett's new climate think-tank has work deadline

23 Nov 2016

A first report on how New Zealand can adapt to climate change – including environmentally sustainable economic growth - should be with the Government by May.

We might be better than we think at absorbing carbon

9 Nov 2016

New research reveals that the ability of New Zealand’s land biosphere to absorb carbon could be 50 per cent more than currently estimated.

Rural capital gains tax could work, says report

31 Oct 2016

A capital gains tax on rural land and letting farmers sell future carbon credits when they plant trees could help New Zealand to cut agricultural emissions, a new paper says.

John Key

NO WORRIES: Science will fix emissions, says PM

20 Oct 2016

PRIME MINISTER John Key says New Zealand can cut greenhouse gas emissions while increasing agricultural production, despite advice to the contrary.

Paula Bennett

Bennett in no rush to surrender extra credits

11 Oct 2016

The Government will not surrender extra carbon credits to cover the environmentally worthless credits New Zealand used to meet its first emissions reduction target – at least not yet.

Hoesung Lee

IPCC chair: We can meet 2deg target if we act fast

28 Sep 2016

INTERVIEW: Hoesung Lee was elected chair of the Intergovernmental Panel on Climate Change just one month before the landmark Paris climate talks of 2015.

Minister way off mark on EVs, says transport expert

15 Sep 2016

Government suggestions that improved fuel efficiency will get New Zealand’s transport emissions under control are nonsense, an expert says.

Professors Karoly and Hamilton

Dissenting academics write own climate report

7 Sep 2016

The Climate Change Authority’s latest report on Australia’s climate goals has divided its membership – so much so that two authority members have divorce themselves from the report and written their own version.

Climate Change Authority gambles on political pragmatism

2 Sep 2016

The Climate Change Authority¡¯s latest report outlining a recommended climate policy ¡°toolkit¡± is a reflection of what is seen by many as politically feasible in Australia now.

David Cunliffe

Carbon-farming case lawyer under investigation

11 Aug 2016

A lawyer who advised a carbon-farming company that was later prosecuted by the Overseas Investment Office is under investigation over the affair.

Christchurch office wins 5-star rating

9 Aug 2016

Insurance company IAG and property investor Goodman have been awarded a 5-star NABERSNZ whole-building rating for their Christchurch office.

Profesor Jonathan Boston

CLIMATE COSTS: Three things we must do now

8 Aug 2016

New Zealand needs an Earthquake Commission-style Climate Change Fund to help to pay for the inevitable impacts of climate change, says an expert in public policy.

Bronwyn Hayward

NZ scientist to join key climate study

1 Aug 2016

A New Zealand political scientist is to join a crucial planning meeting on how the world’s scientific community should respond to the challenge of limiting global warming.

Eugenie Sage

Greens slam Government for climate failures

6 Jul 2016

The Government is failing to prepare New Zealand for the impacts of climate change – and has slashed millions of dollars of funding for domestic policy advice on the issue, the Green Party says.

Why UK’s latest carbon budget isn’t ambitious enough

6 Jul 2016

A major new climate policy was announced by the UK government on June 30, almost unnoticed in the Brexit aftermath.

Dr Jan Wright

WEAK WORDS: We need clear advice, says watchdog

30 Jun 2016

New Zealand’s top environmental watchdog says that officials should be issuing clear warnings and advice about the implications of climate change.

Paula Bennett

Bill and I haven't talked sea level, admits Bennett

30 Jun 2016

Climate Change Minister Paula Bennett says she has not asked Finance Minister Bill English to set up a working group to assess the economic impacts of rising sea levels, as recommended by the Parliamentary Commissioner for the Environment.

Are the Greens the climate radicals Australia needs?

23 Jun 2016

If you despair of Australia’s lacklustre climate policies, you might take heart from the Greens’ stated goal of limiting global warming to 1.5degC. But are the party’s own policies up to the job?

Paula Bennett

NZ unlikely to use banked credits, says minister

22 Jun 2016

The Government is unlikely to use New Zealand’s banked carbon credits to make-good on hot-air credits we have already surrendered internationally, a Parliamentary select committee has heard.

Experts offer help to victims of solar charge

22 Jun 2016

Greenpeace has pooled its renewable energy and legal experts to create a solar hot desk to help people affected by New Zealand’s first charge for using solar energy.

CARBON COST: Govt ignores roading impact

8 Jun 2016

The Government sought no advice on whether building major new roads would affect greenhouse gas emissions, documents show.

Carbon cracks $16 and climbing

7 Jun 2016

Carbon continues to climb, hitting $16 just a week after reaching the $15 milestone.

So, what does it mean for climate change?

27 May 2016

What’s in the Budget for climate change?

Paula Bennett

NATS' 19%: Bennett blames population growth

26 May 2016

New Zealand’s net greenhouse gas emissions have gone up 19 per cent under the National Government – and Climate Change Minister Paula Bennett is blaming population growth.

Sir Peter Gluckman

Scientists can't do it alone, says PM's adviser

23 May 2016

The Prime Minister’s chief science adviser has told a United Nations forum that scientists and policy-makers need to work together on issues like climate change.

How your garden could help to stop city flooding

11 May 2016

Urban flooding represents the most common yet severe environmental threat to cities and towns worldwide.

CREDITS CRUNCH: We'll need millions of international units

5 May 2016

New Zealand is likely to need up to 220 million international credits to meet its 2030 emissions reduction target because even a domestic carbon price of $300 a tonne is unlikely to drive enough domestic emissions cuts, the Government says.

Simon Bridges

At last, Government to reveal plan for electric cars

4 May 2016

The Government will unveil its electric vehicle policy tomorrow.

Japan pays high price for ‘silo’ science

4 May 2016

Lack of scientific co-operation with other countries has cost Japan “trillions of yen” in expensive solar power because the country did not learn from the experience of other countries before rushing to install it, analysts say.

Government might not carry over units

3 May 2016

The Government might not carry any carbon units over after 2020.

Bill English

CLIMATE CRISIS: Why English must act on costs

29 Apr 2016

Finance Minister Bill English must investigate the fiscal implications of climate change, says the Parliamentary Commissioner for the Environment.

Paula Bennett

MEMO MINISTER: How to do it the Morgan Way

29 Apr 2016

The Morgan Foundation is keeping up the pressure on the Government over the use of hot-air carbon credits.

Paula Bennett

Bennett stays on course for higher carbon price

26 Apr 2016

Climate Change Minister Paula has again said that carbon prices need to be higher.

NZ court fines Australian carbon farmer

21 Apr 2016

An Australian carbon farming company that used a New Zealander to buy land has been fined $40,000.

Couch potatoes have outsized energy footprints

13 Apr 2016

It is alluringly easy to use averages, but when most of a group is far from average, they can lead us astray. This is no less true in the area of energy consumption.

There's a sea of our soil ending up in the ocean

12 Apr 2016

Soil is a farmer’s most precious resource, but, in New Zealand, we lose it to the ocean about 10 times faster than the rest of the world, with between 200 million and 300 million tonnes sliding into the sea every year.

John Key

INDEFENSIBLE! Scientists slam Key's climate change attitude

6 Apr 2016

Scientists are calling the Government’s lack of leadership on climate change indefensible, after Prime Minister John Key said that science would solve the problem.

Dr Jan Wright

You're gambling, Greens tell Government

1 Apr 2016

The Government is gambling with our future by not preparing now for rising seas which threaten up to $20 billion worth of New Zealand homes, the Green Party says.

Simon Bridges

Black-out Bridges keeps us in the dark on e-cars

23 Mar 2016

Transport Minister Simon Bridges is refusing to release advice officials have given him on encouraging New Zealanders to switch to electric vehicles.

NZ to promote international markets idea at UN

22 Feb 2016

A push by New Zealand to develop credible international carbon markets will take a step forward when United Nations climate change negotiators meet in May.

It's time to rethink what we want from farming

9 Feb 2016

Scientists say nature conservation and protecting the planet from global warming can both be achieved if land is used sustainably, not just for immediate profit.

Larry Marshall

CSIRO boss' logic could waste billions in taxes

9 Feb 2016

CSIRO chief executive Larry Marshall offered the following justification for his decision to cut 110 jobs from the agency’s climate science staff: "We have spent probably a decade trying to answer the question 'is the climate changing?' After the Paris climate summit that question has been answered. The next question now is what do we do about it? The people that were so brilliant at measuring and modelling climate change might not be the right people to figure out how to adapt to it."

Adaptation
More >

‘Formidable’ El Niño expected this winter

Wed 29 Apr 2026

By Liz Kivi | Meteorologists are anticipating a significant El Niño influence on weather patterns across the country from winter onwards, with predicted lower rainfall for some areas and heavier rain for others likely to impact multiple sectors of the economy as well as the carbon market.

Agriculture
More >
Awarua-Waituna Wetlands

Planned coal mine borders internationally significant wetland

Thu 30 Apr 2026

By Liz Kivi | Victorian Hydrogen, the company behind plans for a huge coal-to-urea project, has applied for a permit to explore for coal next to an internationally significant wetland in a sensitive catchment in Southland.

Airlines
More >

$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.

Aviation
More >

Europe has 'maybe six weeks of jet fuel left', energy boss warns

20 Apr 2026

Stocks would reach a tipping point in June if Europe was unable to replace at least half of its imports from the Middle East, the organisation said in a report this week.

Biodiversity
More >

Biodiversity plan heavy on talk, light on action, expert warns

24 Apr 2026

By Shannon Morris-Williams | A newly released government biodiversity implementation plan has been criticised for lacking practical action, with one expert saying it focuses too heavily on discussion and data gathering rather than delivering results on the ground.

Biofuels
More >
Drax Power Plant, United Kingdom

Burning wood for power worse for climate than gas equivalent, report finds

21 Apr 2026

Research casts doubt on plans by the UK government to offer subsidies for carbon capture attached to the power source.

Carbon Credits
More >

Forest & Bird warns Emissions Trading Scheme ‘failing’

Tue 28 Apr 2026

New advice from the Climate Change Commission shows that New Zealand’s main climate policy tool is broken and at risk of collapse without urgent action to cut gross emissions, according to environmental advocates Forest & Bird.

Carbon News world
More >

Why the UAE's exit from Opec is a big deal

Thu 30 Apr 2026

It is a very big deal that the United Arab Emirates has announced its abrupt exit from Opec, the Organisation of Petroleum Exporting Countries. The Emiratis were members even before they became a nation state in 1971.

Carbon prices
More >

Carbon ‘stockpile’ up 9 million in March quarter

10 Apr 2026

By Liz Kivi | The ‘stockpile’ of pollution permits (NZUs) in private accounts has increased by just over 9 million to almost 145 million since the end of 2025, according to the latest figures from the Environmental Protection Authority.

Coal
More >

World ‘will not see significant return to coal’ in 2026 – despite Iran crisis

Thu 30 Apr 2026

A much-discussed “return to coal” by some countries in the wake of the Iran war is likely to be far more limited than thought, amounting to a global rise of no more than 1.8% in coal power output this year.

Comment
More >

Supply-side pressures and political uncertainty ahead for carbon market

7 Apr 2026

By Kristen Green | ANALYSIS: With failed auctions, a surge of new forestry registrations, and an election a few months away, the NZ ETS in 2026 will be subject to a mix of supply-side pressures and political uncertainty.

Construction
More >

Latest emissions inventory: ‘Something has gone very wrong’

16 Apr 2026

By Liz Kivi | New Zealand’s greenhouse gas emissions in 2024 decreased by just 0.1% compared to 2023, in what an expert says is a “terrible result”, compared to faster progress in previous years.

COP
More >
Parliament Buildings, Budapest

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.

Emissions trading
More >
Simon Watts speaking at the Suncorp/Insurance Council New Zealand National Adaptation event

Minister signals hands-off approach to emissions policy

Wed 29 Apr 2026

Climate Change Minister Simon Watts used last week's estimates debate to set out the Government's approach to emissions reduction, attributing New Zealand's lowest recorded emissions since 1998 in 2024 not to government policy but to the behaviour of households and businesses.

Energy
More >

Govt missing tricks to save fuel in crisis

Thu 30 Apr 2026

By Shannon Morris-Williams | The Government is being urged to shift its response to the fuel crisis away from short-term relief and towards measures that reduce demand, with public health experts warning it is missing an opportunity to boost energy security and lower household costs.

Extinction
More >
WWF-New Zealand chief executive Kayla Kingdon-Bebb

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.

Extreme weather
More >

Solar power soars to new heights but fears over 'dangerously high' temperatures

Thu 30 Apr 2026

Last year heatwaves hit from the Mediterranean to the Arctic, and Greenland lost 139 billion tonnes of ice, according to a new report from Copernicus, while solar power soared to new heights.

Fishing
More >

Transport dominates NZ’s rising consumer emissions

10 Dec 2025

By Shannon Morris-Williams | Transport pollution was the biggest contributor to an increase in New Zealand’s consumption-based emissions in 2023, with emissions from household travel up 12%, and consumption-based emissions totalling 58.3 million tonnes – up 1.6% from the previous year.

Forestry
More >

Commission advises no change to ETS settings but warns Govt of looming risks

24 Apr 2026

By Liz Kivi | The Climate Change Commission is warning the Government of a possible shortfall of Emissions Trading Scheme units by the late 2020s and says the scheme will struggle to provide an investment signal by the mid-2030s.

Gas
More >

France unveils plan to ditch all fossil fuels by 2050

Thu 30 Apr 2026

Dozens of nations gathered in Colombia to hold the first-ever talks on how to transition away from fossil fuels. France published a 'roadmap' that explicitly aims to phase out coal by 2030, oil by 2045 and gas for energy purposes by 2050.

Geothermal
More >

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.”

Green finance
More >

New funding for low methane farming uptake

Wed 29 Apr 2026

By Pattrick Smellie | The government will co-fund projects under an Early Adoption Accelerator scheme announced today to accelerate the uptake of low emissions farming technologies emerging from the AgriZero public-private partnership.

Greenhouse Effect
More >
Wind turbines in Pakistan

Self-interest should drive investment in overseas climate action, says former climate commissioner

13 Apr 2026

By Liz Kivi | Wealthy countries – including New Zealand – aren’t doing nearly enough to fund climate mitigation in the developing world, with new research saying we need to "change the conversation" to spark action in this vital area.

Greenwashing
More >

Coal-to-urea plan ‘extremely unlikely’ to be zero carbon

Tue 28 Apr 2026

By Liz Kivi | A plan to turn Southland coal into nitrogen fertiliser is extremely unlikely “if not impossible” to be net zero, despite the claims of the Australian company applying to fast-track it, says sustainable energy expert Ralph Sims.

Hydro power
More >
Ātiamuri Power Station

Mercury signs major hydro upgrade programme with ANDRITZ

23 Apr 2026

Media release | Mercury has signed a contract with international technology group ANDRITZ as part of a $590 million upgrade of three of the nine hydro stations on the Waikato River.

Hydrogen
More >
Farmer spreading fertiliser

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.

Insurance
More >

Media round-up

24 Apr 2026

In our round-up of climate coverage in local media: What is the real cost of storm-hit infrastructure? Urgency is needed over climate adaptation funding; and a community conservation group has won a legal victory against multinational mining company OceanaGold.

Kyoto
More >
Waitangi Treaty Grounds

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.

Litigation
More >

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.

LNG
More >

Tehran will never cede control of Strait of Hormuz, senior Iranian politician tells BBC

21 Apr 2026

"Never." That's when a senior Iranian lawmaker says they'll be ready to give up their control of the Strait of Hormuz.

Low carbon
More >

NZ cleantech could match forests in emissions cuts – but funding gap looms

22 Apr 2026

By Shannon Morris-Williams | A handful of New Zealand cleantech startups could cut global emissions by 19.2 million tonnes a year by 2030, but a lack of capital is threatening to slow their scale-up, a new report shows.

Methane
More >

Climate pollution static but NZ still on track for first emissions budget, says MfE

17 Apr 2026

By Liz Kivi | New Zealand is still on track to meet its first emissions budget, according to the Ministry for the Environment, despite the pace of emissions reductions slowing to a standstill.

Mining
More >

Announcements expected soon on $200M gas fund

24 Apr 2026

By Pattrick Smellie | Fossil fuel companies appear likely to take up a $200 million government fund to encourage additional oil and gas exploration, dashing lobbyist Business New Zealand’s hopes that it might be repurposed to underwrite industrial electrification.

NZ Market Report
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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.

Oceans
More >

Pacific Islands call for fossil fuel phase-out, NZ hangs back

23 Apr 2026

By Liz Kivi | Pacific Islands nations have launched a landmark declaration for a Fossil Fuel Free Pacific, calling for a Fossil Fuel Treaty and urgent phase-out of fossil fuels, however New Zealand isn’t rushing to join the call.

Planetary boundaries
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Kiwis overly optimistic about state of environment

27 Feb 2026

By Shannon Morris-Williams | New research suggests many New Zealanders believe the environment is in better shape than it really is, with public perceptions often out of step with scientific evidence.

Plastics
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‘They pushed so many lies about recycling’: the fight to stop big oil pumping billions more into plastics

24 Feb 2026

Plastic production has doubled over the last 20 years – and will likely double again. For author Beth Gardiner, metal water bottles and canvas tote bags are not the solution. So what is?

Policy development
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AI maps disappearing urban canopy to guide smarter city planning

Thu 30 Apr 2026

By Shannon Morris-Williams | New research, using AI to help map urban tree loss, shows Christchurch lost 14.5% of its canopy cover in the five years between 2016 and 2021.

Politics
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National Science Foundation

Trump takes a ‘wrecking ball’ to independent scientific advisory board

Thu 30 Apr 2026

Without the impartial oversight of its board, the National Science Foundation is now “fully at the behest of the White House,” experts warn.

Protest
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Thousands protest in Germany urging faster shift to renewable energy, amid Iran war

20 Apr 2026

Thousands of people demonstrated across Germany on April 18, urging a faster shift to renewable energy and accusing conservative Chancellor Friedrich Merz’s coalition of putting the brakes on the transition.

Rare earth minerals
More >
Green Party co-leader Marama Davidson

Green Party calls for national electrification plan

20 Apr 2026

By Liz Kivi | The Green Party is calling for a national plan to electrify homes, transport and industry using renewable energy, to reduce fossil fuel dependence in response to the Middle East crisis.

Regulation
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Environment ministry straining under pressure of reforms and potential disestablishment

15 Apr 2026

The ministry responsible for New Zealand’s most significant resource management reform in a generation is doing so under institutional strain, compressed timeframes, and an uncertain future – including its own potential disestablishment.

Renewable energy
More >

The Iran war has the world buying more clean energy. China stands to benefit the most

Tue 28 Apr 2026

The war in Iran has sent oil-starved countries scrambling for fuel. Many are opting for energy alternatives — and turning to the renewables king of the planet: China.

Science
More >

The one-million whale climate solution: 6000-mile voyage launches to audit ocean carbon sinks

Tue 28 Apr 2026

Media release: Pacific Whale Fund | An unprecedented, multi-year ocean expedition launches this week to lay the scientific and legal groundwork for recognising the recovery of whale populations as a vital climate solution across the Pacific.

Solar
More >

Media round-up

17 Apr 2026

In our round-up of climate coverage in local media: The fuel crisis is a chance for government to reduce greenhouse gas emissions, what would it take to tap into New Zealand's oceans energy, and which political parties would subsidise your rooftop solar panels?

Tax
More >
Associate Professor Ru Hong

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.

Technology
More >

AI surge gives carbon capture a new push

15 Apr 2026

Technology that captures carbon emissions from power plants may finally get a breakthrough as deep-pocketed tech companies try to meet climate goals while powering the AI race.

The House
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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.

Transport
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Peters backs rail over road as Govt weighs heavier trucks

Wed 29 Apr 2026

By Shannon Morris-Williams | Winston Peters has broken ranks with the Government over proposed changes to heavy vehicle rules, saying rail – not bigger trucks – is the answer to New Zealand’s fuel pressures as the Coalition considers easing weight limits to reduce freight costs.

United Nations
More >

India submits new climate action pledges to UN body, flags condition to fulfil promise

Wed 29 Apr 2026

India has formally submitted its pledge to the UN climate body, underline importing conditions noting the developing countries' committments cannot be fulfilled without adequate support in terms of finance and technology transfer.

Waste
More >

Infrastructure plan calls for ‘predictable approach’ to electrifying economy

18 Feb 2026

Aotearoa’s first National Infrastructure Plan, introduced to Parliament yesterday, calls for "a predictable approach to electrifying the economy" as one of ten priorities for the next decade.

Water
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Extreme weather in Wellington ‘a different beast’

21 Apr 2026

By Liz Kivi | Climate scientist Luke Harrington says the small-scale but intense floods which have slammed the capital in recent days are the kind that intensify most rapidly in a warming climate – and are the hardest to predict.

Wildfires
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Scientists forecast wildfire risk for species survival under climate change

24 Apr 2026

A new study warns climate change could increase the global area susceptible to wildfires in the future, putting many more species at risk than today.

Wind energy
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Trump administration to pay two more companies to walk away from US offshore wind leases

Wed 29 Apr 2026

Bluepoint Wind and Golden State Wind have agreed to end their offshore wind leases in exchange for reimbursements totaling nearly $900 million. Both companies have decided not to pursue any new offshore wind projects in the United States.

More in: Market advice
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