Topics tagged with 'Market advice'
Climate minister defends 5 per cent target
3 Dec 2010
The Australian Government has defended its target of a 5 per cent cut to greenhouse gas emissions by 2020, saying the country’s history of cheap, carbon-heavy coal electricity makes reducing emissions a tougher task than in other countries.
Can we have a word, say kids at Cancun
3 Dec 2010
The Cancun climate change negotiations are being stormed by hundreds of young people calling for fair, ambitious and legally binding intergovernmental action on climate change - and our own New Zealand Youth Delegation is right in the midst of it.
Emitter buys 10,000 tonnes through tender
26 Nov 2010
A buy tender for up to 50,000 tonnes of spot or forward NZUs drew offers of up to 210,000 tonnes.
EECA 1 - bioenergy all the rage
26 Nov 2010
The 2010 EECA Awards have been dominated by bioenergy in various forms – showing an increasing interest from Kiwi businesses in new forms of renewable energy.
Britain aims for 100,000 green-collar workers
5 Nov 2010
The British government's Green Deal initiative to upgrade the energy efficiency of homes could employ up to 100,000 people by 2015 and even more in the long-term, Energy and Climate Change Secretary Chris Huhne said this week.
NZ interest growing in CERs
29 Oct 2010
Spot NZU prices continue to trade in a band between $19.70 and $20.10, Westpac reports.
Tenders an option...in right circumstances
22 Oct 2010
There has been light trade in the market this week between $19.75 and $20.10, Westpac reports.
Lawyers shoot down ETS secrecy clause
15 Oct 2010
The Official Information Act over-rides a confidentiality clause in the Emissions Trading Scheme legislation, according to MAF lawyers.
Mexican stand-off in market, says Westpac
1 Oct 2010
The NZU market has ground to a halt, with light trade in small parcels occurring this week, Westpac reports.
Combet admits carbon tax an option
24 Sep 2010
Australian Climate Change Minister Greg Combet has given a clear sign the Government is prepared to consider introducing a carbon tax.
A great time for sellers
17 Sep 2010
Trading in the spot market for NZUs remains light, with parties needing to pay a premium for immediate delivery, Westpac reports.
Spot market thin, but talk of forward trades
3 Sep 2010
Trading in the spot market for NZUs is thin due to the current tight supply, Westpac reports.
The Carbon Traders 4: Richard Hayes, EITG
20 Aug 2010
Richard Hayes’ experience in technology and interest in environmental offsetting are combining to do good things.
High Court asked to invalidate NIWA’s official NZ temperature record
20 Aug 2010
The High Court has been asked to invalidate the New Zealand official temperature record as promoted by the Crown Research Institute, Niwa.
The Carbon Traders 3: Wayne King, Carbon Market Solutions
13 Aug 2010
Wayne King has been behind some of the biggest carbon deals in New Zealand, but he got into the business almost by accident.
Local trading picks up
13 Aug 2010
While trade remains relatively light, there has been an increase in trading activity this week, Westpac reports.
Official energy website wins award
30 Jul 2010
The government's Energywise website has won at an award at this Internet Industry Awards, held at Parliament this week.
Foresters: Farmers can't see wood for the trees
16 Jul 2010
The Emissions Trading Scheme makes farm forestry even more viable – but many farmers just don’t get it yet, says the Farm Forestry Association.
Money-making Goldman Sachs points way to mass solar
2 Jul 2010
By Nick Hodge.- For all the perceived evil, you have to give them credit.... Goldman Sachs knows how to make money — lots of it.
Taxpayers face $1.1 billion Kyoto liability, say authors
25 Jun 2010
New Zealand’s failure to reduce emissions to its Kyoto Protocol target means the taxpayer still faces a $1.1 billion net liability after all the ETS charges have been paid.
Company tax cut puts $21m on Vector's books
18 Jun 2010
The company tax rate cut from 30 per cent to 28 per cent will provide energy company Vector with a one-off $21 million net profit benefit.
Carbon forestry can work, say tree growers
11 Jun 2010
Carbon forestry is a viable option for land owners looking to offset farm emissions and for new income streams, say forest owners.
Changes needed to air quality standard, says Smith
11 Jun 2010
Hundreds of businesses and thousands of jobs will be put at risk if changes are not made to the unrealistic and unfair air quality standard adopted by the previous Government, Environment Minister Nick Smith says.
MAF issues several new ETS guides for forestry and agriculture
4 Jun 2010
MAF has produced several new guides relating to the ETS and forestry and agriculture.
We must move from meat diet, says UN
4 Jun 2010
A global shift toward a vegan diet is vital to save the world from hunger, fuel poverty and the worst impacts of climate change, a UN report says.
NZ on right road with ETS, says negotiator
21 May 2010
Political developments in the United States and elsewhere back the New Zealand Government’s decision to press ahead with the Emissions Trading Scheme, says Climate Change Negotiations Minister Tim Groser.
Ministry clears up status of carbon brokers
14 May 2010
It’s a case of buyer – or, in this case, seller – beware.
Too soon to say if falling markets will hit carbon - trader
7 May 2010
Tumbling markets have not affected global carbon markets.
Carbon market wide open to doubtful deals
30 Apr 2010
The Government might be moving to clean up the regulations around the financial markets, but investors in the emerging carbon market lack the same protections.
Carbon prices might have reached bottom
23 Apr 2010
The local carbon market is being reshaped by the upward move in the global price of carbon, which has moved up considerably in the past two weeks, broker OMFinancial reports.
Markit chief slams Kiwis' lack of carbon nous
23 Apr 2010
New Zealand risks missing the chance to reap the rewards of the emerging clean-tech economy because its leaders are fixated on the negatives, warns the head of the world's leading environmental exchange.
EXCLUSIVE: Business lobby eyes big role in ETS review
16 Apr 2010
Business New Zealand is telling members that it has the chance to influence the make-up of the panel that will review the emissions trading scheme next year.
ETS delay comes at a cost, warn foresters
9 Apr 2010
Delaying the emissions trading scheme would cost the country more in the long run, say forest owners.
Registry wins environment award
1 Apr 2010
A voluntary carbon registry founded in New Zealand has been named the best environmental initiative of the year.
Scrutiny week reveals unresolved trade-offs
Today 11:30am
Last week's select committee scrutiny hearings showed how far the Government's energy and environment agenda has moved from target-setting to implementation. They also showed how many unresolved trade-offs now sit beneath that shift.
Govt opens first ETS forestry permit ballot
Mon 22 Jun 2026
Applications have opened for the first ballot under new ETS forestry rules, with up to 7,500 hectares of exotic forestry on marginal land on offer for landowners to register in the Emissions Trading Scheme in the first of two annual rounds, totalling up to 15,000ha a year.
$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.
Airline CEOs warn EU plan to expand carbon costs will raise fares
10 Jun 2026
Europe's biggest airlines have urged the European Union not to extend its Emissions Trading System to cover international flights, warning the move would raise ticket prices, a letter seen by Reuters showed.
Waikato Council advances water security action plan
Tue 23 Jun 2026
Waikato Regional Council has endorsed a new action plan to strengthen the region’s water security.
'Stored solar': Bioenergy Association touts cost benefits of biomass boilers over gas
Today 11:30am
By Oli Lewis | Businesses across New Zealand are warming to bioenergy, but advocates believe woody biomass could play a far greater role as a replacement for more expensive natural gas and electric heat options.
Looking behind the headline costs of offshore mitigation
Thu 18 Jun 2026
COMMENT: A closer look at Treasury’s analysis reveals assumptions that undervalue the case for using offshore mitigation as part of Aotearoa New Zealand’s global climate contribution, writes Catherine Leining.
Australia opens first carbon refinery, making new products from captured CO2
Today 11:30am
Australia’s first carbon refinery opened in New South Wales, capturing carbon dioxide from explosives giant Orica's ammonia-making operations on Kooragang Island and turning it into products such as concrete, paper and glass.
Carbon auction failures show ETS working, Watts says
Tue 23 Jun 2026
Failed government carbon auctions show the emissions trading scheme is working as intended rather than broken, Climate Change Minister Simon Watts says.
Media round-up
Fri 19 Jun 2026
In our round-up of climate coverage in local media: The Government is set to quietly scrap a looming ban on coal boilers; some South Dunedin homes may be relocated as climate risks increase; and more details emerge about the handling of documents linked to the undisclosed climate case briefing.
NZ’s sustainable finance credibility gap
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.
Forestry at heart of ETS problems – commissioner
Today 11:30am
By Shannon Morris-Williams | Forestry is a central driver of growing problems within New Zealand's Emissions Trading Scheme, Parliamentary Commissioner for the Environment Simon Upton told the Environment Select Committee during Parliamentary Scrutiny Week.
Gas transition loan scheme nears launch as savings modelled
Tue 23 Jun 2026
By Oli Lewis | Commercial gas users could potentially save thousands of dollars a year by using Crown-backed loans to fund fuel-switching and energy efficiency projects, new modelling indicates.
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.
UK heatwave: 40C in June must be wake-up call on climate crisis, scientists warn
Today 11:30am
Scientists are warning that politicians are failing to appreciate the magnitude of the climate crisis after the Met Office forecast that temperatures in the UK could hit 40C for just the second time since records began.
High Court hearing highlights the 'shrinking pool' for fisheries research and science
Mon 22 Jun 2026
Media release: Environmental Law Initiative | At the close of a four-day High Court hearing challenging the government’s under-levying of the fishing industry, the Environmental Law Initiative (ELI) says more science, research and observer coverage is needed to protect marine wildlife and ecosystems from the impacts of fishing.
Burning forest ‘waste’ to make cement damages the climate
Today 11:30am
The Australian government has agreed to invest almost $53 million in a north Tasmanian company that will upgrade its coal-fired kiln to burn wood “waste” and used tyres for cement manufacturing.
Canadian firm seeks Crown co-investment for Genesis-supported gas storage project
Fri 19 Jun 2026
By Oli Lewis | A proposed gas storage project supported by Genesis Energy has sought Crown co-investment through the $200 million Gas Security Fund.
Ballance secures gas for 2026 as it progresses energy transition plan
16 Jun 2026
By Oli Lewis | One of the largest industrial gas users in New Zealand is working on an energy transition plan to futureproof domestic fertiliser manufacturing, while continuing to secure ongoing gas supply contracts.
Cabinet green-lights $55M super-critical geothermal drilling programme
9 Jun 2026
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.
NZ Taxonomy project scoops London Climate Week award
Today 11:30am
The New Zealand Taxonomy project has scooped an innovation award at the International Climate Bonds awards in London this week.
Carbon capture and the need for ‘net zero oil’
16 Jun 2026
By Pattrick Smellie | The answer to making carbon capture and storage work is to make fossil fuel producers responsible for making it happen rather than consumers, says Oxford University climate change policy expert, Professor Myles Allen.
Govt climate claims don't match reality, lawyers say
17 Jun 2026
By Shannon Morris-Williams | Lawyers for Climate Action has accused the Government of presenting an overly positive picture of New Zealand's climate progress at the United Nations climate summit in Bonn, arguing key claims on emissions reductions and support for the Paris Agreement's 1.5°C goal are not reflected in domestic policy.
Importing LNG would raise costs and emissions: it’s a terrible decision for New Zealand
9 Jun 2026
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.
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.
Govt removes health and life insurers from disclosure regime
Fri 19 Jun 2026
By Shannon Morris-Williams | Health and life insurers are set to be removed from New Zealand's climate-related disclosure regime, with the Government arguing the sector is not directly exposed to climate risks, a claim disputed by a sustainability expert.
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.
UN intervention could become election focus
Mon 22 Jun 2026
By Liz Kivi | A United Nations recommendation that the Government should change course on a proposed climate law change could become an election issue if it eventuates, according to a legal expert.
LNG import terminal could cost NZ economy $6.2 billion: Concept Consulting
17 Jun 2026
By Oli Lewis | The benefits of a liquefied natural gas (LNG) import terminal to provide insurance against dry year energy prices would be outweighed by the wider costs to the New Zealand economy, a new report says.
Lessons from Australia: Climate Change Authority chair cites rapid roll-out of household solar, batteries
Fri 19 Jun 2026
By Oli Lewis | Australia is rapidly outpacing New Zealand when it comes to new household solar and battery systems, lowering electricity costs and driving down the carbon intensity of installed generation.
Climate change minister tight-lipped on ACT climate policy
16 Jun 2026
By Liz Kivi | Climate Change Minister Simon Watts is keeping his cards close to his chest about the ACT Party’s election campaign pledge last week that it would resubmit New Zealand’s Paris Agreement target.
US defence spending on critical minerals surges in the last decade
Mon 22 Jun 2026
Members of communities affected by some of these projects said that U.S. state backing has meant projects are being fast-tracked without the necessary social and environmental checks or meaningful consultation.
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.
Mombasa ocean summit drives progress on marine protection, but threats persist
Tue 23 Jun 2026
At the 11th Our Ocean conference in Kenya, its founder John Kerry says the ocean must become central to climate solutions and needs to be looked after.
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.
UN’s first Paris Agreement carbon credits face human rights and climate concerns
17 Jun 2026
Civil society groups allege the cookstove project in Myanmar exaggerated its climate impact while maintaining ties with military junta.
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.
Too much environmental reporting, claims councillor
Today 11:30am
By Vihan Dalal, Local Democracy Reporter | Environmental reporting is often costly and unnecessary because New Zealand already has "a pretty good environment," claims one West Coast regional councillor.
Northern Thai residents march for action on polluted rivers. ‘This is an emergency’
9 Jun 2026
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
8 Jun 2026
The United States cannot realistically recreate that dominance overnight even if the political will existed.
Sustainable finance taxonomy for energy sector – consultation
8 Jun 2026
The Centre for Sustainable Finance is consulting on the sustainable finance taxonomy’s draft energy sector criteria.
Ukraine hopes renewables can Russia-proof power grid
Fri 19 Jun 2026
Quick to build and able to power a small city, the Oriv wind farm in western Ukraine is exactly the kind of project Kyiv hopes will backstop its power grid against routine Russian strikes.
‘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.
The merchants of doubt are coming for extreme event attribution science
Thu 18 Jun 2026
Andrew Dessler: Fossil-fuel companies are acutely aware that this research could land them in court. And losing those cases would leave them legally liable for billions of dollars in climate damages.
Calder Stewart to invest $110m for solar across industrial portfolio
Tue 23 Jun 2026
Media release | NZ’s largest industrial landowner is preparing one of the country’s most significant industrial rooftop solar rollouts, with Calder Stewart set to invest more than $110 million in solar panels and battery storage across its property portfolio.
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.
Lack of finance stalling sustainable innovation – report
12 Jun 2026
By Shannon Morris-Williams | A lack of access to suitable finance is threatening growth in New Zealand's sustainable innovation sector, despite strong confidence and ambitious expansion plans among purpose-driven businesses, according to a new report.
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 electric car sales target set to be weakened
Fri 19 Jun 2026
The UK government is set to water down its target for how many new cars that are sold need to be electric vehicles.
‘Those blocking climate science are not our friends': Pacific leaders warn at Bonn talks
Tue 23 Jun 2026
Pacific nations and civil society groups have united at UN climate talks, pushing back against efforts to weaken agreed language on global temperature limits as negotiations continue behind closed doors.
New refrigerant scheme targets potent greenhouse gases
Thu 18 Jun 2026
By Shannon Morris-Williams | New Zealand is set to introduce its second regulated product stewardship scheme under the Waste Minimisation Act, targeting synthetic refrigerants that account for around 2% of the country's greenhouse gas emissions.
Antarctic surface melt set to increase dramatically this century, new study finds
10 Jun 2026
Media release – Victoria University | New research shows surface melting across Antarctica is set to intensify and spread dramatically over the 21st century, with melt increasing by 10 times and the area affected growing by more than 10 percent by 2100 if global temperatures continue to rise.
Increase in wildfire-driven ozone linked to premature deaths across the U.S.
10 Jun 2026
Smog linked to wildfires is getting worse across much of the U.S., playing a role in more than 300 additional premature deaths every year since 2013, researchers say.
New Zealand faces $26b energy infrastructure challenge, report warns
15 Jun 2026
By Shannon Morris-Williams | New Zealand will need an additional $26 billion of investment in energy infrastructure over the next 30 years to meet its decarbonisation goals, with a new report warning that policy certainty is critical to unlocking the renewable generation needed to power a low-carbon economy.
