Topics tagged with 'NZ ETS'
Transpower moves into carbon trading
17 Mar 2020
Transpower is moving into the carbon-trading business.
Big emitters get pandemic warning
17 Mar 2020
Allowing emitters to use the Covid-19 pandemic as an excuse to slow action on climate change would be a mistake, environmental organisations are warning.
POLITICS: The mood is all very GFC
13 Mar 2020
The coronavirus Covid-19 and the impact it could have on the economy dominated the attention of politicians this week, but they did manage to squeeze in a mention of climate change.
ClimCom wants to see $50 carbon cap now
10 Mar 2020
The Climate Change Commission says controls on carbon prices should be lifted to about $50 a tonne now.
POLITICS: Nats declare war on RMA
9 Mar 2020
The Resource Management Act will be toast under a National Government.
Taranaki hydrogen project gets $20m boost
6 Mar 2020
The Government is putting nearly $20 million into the Ballance-Hiringa hydrogen project in Taranaki.
Startup predicts soil-carbon credits for farmers
5 Mar 2020
A company connecting investors directly with farmers taking action on climate change says it expects they will, eventually, get credits for the carbon stored in their paddocks.
Officials question farmer ETS obligation
3 Mar 2020
Making farmers instead of agricultural processing companies the point of obligation under the Emissions Trading Scheme could push administration costs up 4000 per cent, officials say.
WHAT YOU NEED TO KNOW ...
3 Mar 2020
Parliament sits today and will resume debate on the Prime Minister’s speech.
Climate not big election issue, says National
2 Mar 2020
Climate change should be less of an election issue this year than it was last time round, thanks to cross-party agreement on the zero-carbon act, says National Party climate spokesperson Scott Simpson.
Campaigners hail fossil-fuels investments move
2 Mar 2020
The Government’s decision to ban default superannuation funds investing in fossil fuels is being welcomed by campaigners and criticised by the oil industry.
WHAT YOU NEED TO KNOW ...
2 Mar 2020
MPs are back to Parliament this week, with the House sitting tomorrow and on Wednesday and Thursday.
We need to know changes to ETS, say foresters
28 Feb 2020
Forest owners – who yesterday called for a $200-a-tonne carbon tax on the burning of coal – say changes to the Emissions Trading Scheme should be signalled in the May Budget.
FRIDAY POLITICS: A new look at the air we breathe
28 Feb 2020
The Government announced plans this week to overhaul the rules governing air quality and fine particulate matter.
WHAT YOU NEED TO KNOW ...
28 Feb 2020
Today is the last day to make submissions on the Government’s proposals to change the Emissions Trading Scheme’s settings and on ways to accelerate the uptake of renewable energy generation.
WHAT YOU NEED TO KNOW ...
27 Feb 2020
Prime Minister Jacinda Ardern leaves Fiji today for Sydney, where she will meet with Australian Prime Minister Scott Morrison.
Pricey carbon could push up prices at the pump
26 Feb 2020
Carbon prices of $50 a tonne – the figure the Government is putting forward as the new price cap – could put the price of diesel up 13c a litre and petrol up 7c a litre.
SMELTER SMOOCH: Tiwai wants to work with taxpayer
26 Feb 2020
An industrial heavyweight that last year received $12 million worth of free carbon credits from taxpayers says it wants to work with the Government and community to create a low-carbon world.
WHAT YOU NEED TO KNOW ...
26 Feb 2020
Prime Minister Jacinda Ardern’s visit to Fiji continues today, where discussion on climate change is on the agenda.
Taxpayers give smelter credits worth $12m
25 Feb 2020
Taxpayer-funded carbon credits were worth $12.1 million last year to Tiwai Point aluminium smelter operator Pacific Aluminium.
Z Energy worries about access to units
24 Feb 2020
One of the country’s largest emitters fears there might not be enough carbon credits available for surrender in 2021.
WHAT YOU NEED TO KNOW ...
24 Feb 2020
Auckland Council’s audit and risk committee meets today and says climate change mitigation and adaption continue to be top risks for the council, leading to potential environmental degradation, economic inequality, social vulnerability and financial and reputational damage.
Free carbon credits might get early overhaul
20 Feb 2020
The entire formula used to calculate how free many free carbon credits heavy emitters receive might be overhauled before the end of the year.
WHAT YOU NEED TO KNOW ...
20 Feb 2020
Parliament’s Environment Committee is discussing changes to the Emissions Trading Scheme today, as well as the annual reports of the Environmental Protection Authority and Predator Free 2050.
Z Energy offers free deal on offsetting
19 Feb 2020
Z Energy is moving into the offsetting business – for free.
WHAT YOU NEED TO KNOW ...
19 Feb 2020
Applications for the Government’s Low-Emission Vehicles Contestable Fund open today, with secure parking for electric bikes eligible for the first time.
WHAT YOU NEED TO KNOW ...
18 Feb 2020
Greater Wellington Regional Council’s environment committee meets today to set environmental priorities.
Carbon pricing role crucial, say experts
18 Feb 2020
Carbon pricing is emerging as central to international climate negotiations, the Mercator Climate Institute says.
ETS deal cuts oil refinery gas emissions
17 Feb 2020
Greenhouse gas emissions from the Marsden Point oil refinery have fallen 20 per cent as a result of a deal exempting the refinery from the Emissions Trading Scheme, the company says.
Climate change low on Nats' question list
17 Feb 2020
Fewer than five per cent of the written questions to Government ministers lodged this year are about climate change.
WHAT YOU NEED TO KNOW ...
17 Feb 2020
Cambridge University economist Professor Sir Partha Dasgupta will give a public talk in Wellington tomorrow on the economics of biodiversity (5.30pm-7pm, Lecture Theatre 1, Rutherford House, 23 Lambton Quay).
Row brews over free credits to heavy emitters
14 Feb 2020
Tension is building over the allocation of free carbon credits to trade-exposed heavy emitters.
Leaders (well, some of them) are talking climate change
14 Feb 2020
Climate change was on the lips of the leaders of two of the five parties in Parliament when it resumed this week.
WHAT YOU NEED TO KNOW ...
14 Feb 2020
Submissions close today on the Urban Development Bill, allowing what the Government calls better co-ordination of land, infrastructure and public assets in complex urban development projects.
WHAT YOU NEED TO KNOW ...
13 Feb 2020
Parliament sits today, with MPs from the Environment Select Committee continuing hearing oral submissions on proposed changes to the Emissions Trading Scheme.
WHAT YOU NEED TO KNOW ...
12 Feb 2020
Parliament sits today and tomorrow, and the Environment Select Committee continues hearing submissions on changes to the Emissions Trading Scheme and the Resource Management Act tomorrow.
We must have certainty with ETS, says Ballance
11 Feb 2020
Investment in emissions-cutting new technology like hydrogen could be jeopardised by uncertainty over the Emissions Trading Scheme, fertiliser manufacturer Ballance Agri-Nutrients says.
Climate-risk reports critical, politicians hear
10 Feb 2020
Directors of large companies, Crown entities and any organisation participating in the Emissions Trading Scheme should have to provide an annual signed and audited statement of climate risk, Parliament is being told.
Why and what we should learn from bushfires
7 Feb 2020
Wildfires raging in Australia this summer show why New Zealand must include emissions from natural disasters in its climate reporting, says an expert on environmental accounting.
Give us a choice, foresters tell Parliament
4 Feb 2020
The owners of forests already in the Emissions Trading Scheme should be able to choose whether to switch to a new form of carbon accounting, MPs have heard.
OPINION: Why the market ups and downs?
4 Feb 2020
By LIZZIE CHAMBERS | Since the Government's proposed ETS settings were announced just prior to Christmas, we have watched NZU prices jump up significantly.
Expert warns against offshore credits sprees
3 Feb 2020
New Zealand should be buying offshore carbon credits every year instead of going on a buying spree when its carbon bill falls due, says an expert on international carbon policy and markets.
Dairy firms see ETS dates clashing
3 Feb 2020
Reporting dates for the Emissions Trading Scheme should line up with farm production schedules, dairy companies say.
WHAT YOU NEED TO KNOW ...
3 Feb 2020
Submissions on the Resource Management Expert Panel’s issues paper and on proposed increases to landfill levies close today.
NICK SMITH: How National's ETS did the job
31 Jan 2020
National MP and former climate minister Nick Smith says his Emissions Trading Scheme has seen New Zealand out-perform Australia on emissions reduction.
Forests will swallow small-town jobs, MPs hear
31 Jan 2020
Rural towns like Moerewa face losing hundreds of jobs if the Government doesn’t rein in the conversion of farms to carbon forests, MPs have been told.
WHAT YOU NEED TO KNOW ...
31 Jan 2020
Today is the last day to apply for unique emissions factors for Emissions Trading Scheme returns.
WHAT YOU NEED TO KNOW ...
30 Jan 2020
Some of the heavyweights of the agricultural industry appear before Parliament’s environment select committee today to talk about the Emissions Trading Scheme.
WHAT YOU NEED TO KNOW ...
29 Jan 2020
Parliament’s environment select committee is hearing submissions today and tomorrow on reforms of the Emissions Trading Scheme and the Resource Management Act.
ETS proposals bring record carbon prices
28 Jan 2020
New Zealand carbon prices have shot to record levels on the back of proposed changes to the Emissions Trading Scheme.
Governments must vote in favour of moratorium on deep sea mining
Tue 29 Jul 2025
Media release - Greenpeace | The 30th session of the International Seabed Authority (ISA) has ended with Greenpeace saying governments are continuing to fall short in protecting the deep sea.
Does NZ need a national incentive scheme for wetlands?
25 Jul 2025
By Liz Kivi | An expert is calling for a national incentive programme to restore New Zealand’s wetlands and wants to stop schemes to drain these vital carbon-sequestering ecosystems.
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.
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”.
Challenges persist in bid to mine the deep sea, even after boost from Trump
Tue 29 Jul 2025
After years of delay, the deep-sea mining plans of Canadian firm The Metals Company (TMC) now appear to be progressing as it pursues a controversial new path to securing a license to mine in international waters under U.S. jurisdiction.
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
Today 11:45am
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.
The US is sitting out the most consequential climate summit in a decade. It may offer a victory to China
Today 11:45am
The Trump administration fired the last of the US climate negotiators earlier this month, helping cement America’s withdrawal from international climate diplomacy. It may also have handed a huge victory to China.
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.
Coal use drove recent emissions increase
Today 11:45am
Increased use of coal for electricity generation was a large driver for an increase in New Zealand’s greenhouse gas emissions in the last quarter.
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?
Today 11:45am
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.
Bill to restart oil and gas exploration clears final hurdle
Today 11:45am
By Shannon Morris-Williams | The government’s Crown Minerals Amendment Bill is set to become law after passing its third reading in parliament last night, with critics calling it humiliating for the climate minister and an embarrassment to New Zealand's international reputation.
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.
Warmer than usual weather ahead, wetter in north and east, as La Niña signals strengthen
Today 11:45am
Media release – Earth Sciences New Zealand | Seasonal Outlook Climate August to October 2025 suggests warm, damp weather, with La Niña’s possible return.
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.
Wilding pines threaten Molesworth Station
Mon 28 Jul 2025
By Shannon Morris-Williams | Without increased support, the unchecked spread of wilding pines will continue to creep across Marlborough’s high country – putting iconic landscapes and one of New Zealand’s top five biodiversity hotspots at serious risk, according to an expert.
Last minute change to oil and gas legislation over cleanup costs
Thu 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.
A modest geothermal strategy
Thu 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.
European Central Bank to consider 'climate factor' when lending to banks
Thu 31 Jul 2025
The European Central Bank will add climate change considerations to its lending operations from late 2026, raising pressure on banks to channel financing towards greener sectors as the euro zone seeks to reduce its carbon footprint.
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.
‘Ideological sludge’: How NZ is quiet quitting climate action
17 Jul 2025
New Zealand once stood out as a world leader on climate change. In June it became the first country in the world to abandon a commitment to phase out oil, gas and coal.
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
Tue 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.
Will NZ walk away from the Paris Agreement?
20 Dec 2024
By Geoff Bertram | COMMENT: Unless the government can find very cheap offshore mitigation, the temptation to walk away from its Paris Agreement obligations may well be too strong to resist for a coalition government focused on fiscal austerity.
Multi-day protest continues at coal mine
Wed 30 Jul 2025
Bathurst Resources has been forced to truck coal from its Stockton mine as climate activists occupy coal buckets at the mine for a third day.
Fund for low emissions transport winds up
Thu 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.
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.
Toxic algae are turning South Australia’s coral reefs into underwater graveyards
Tue 29 Jul 2025
Since March, a harmful algal bloom, fueled by a marine heat wave, has been choking South Australia’s coastline.
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.
Tipping points: Window to avoid irreversible climate impacts is ‘rapidly closing’
11 Jul 2025
In the midst of a record-breaking heatwave in Europe, the UK city of Exeter recently played host to the second international conference on “tipping points”.
‘Total infiltration’: How plastics industry swamped vital global treaty talks
Mon 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.
Activists sue US development bank over $4.6bn loan to massive Mozambique gas project
18 Jul 2025
Environmental groups claim loan is ‘unlawful’ in legal filing.
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.
Tilting at windmills? Trump’s claims about turbines fact-checked
Thu 31 Jul 2025
The US president has taken a swipe at wind power as the blades visible from his Turnberry golf course turn.
Ocean heatwaves may signal climate tipping point
25 Jul 2025
A recent study that tapped into satellite data has revealed that 2023 marked an unprecedented year for marine heatwaves, with record-breaking levels of duration, reach and intensity across the world's oceans.
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
Tue 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.
The ICJ’s ruling means Australia and other major polluters face a new era of climate reparations
25 Jul 2025
By Harj Narulla | OPINION: Australia has found itself on the wrong side of history.
Waste Levy risks becoming ‘slush fund’ under proposed changes – Commissioner
5 Jun 2025
By Shannon Morris-Williams | Proposed changes to New Zealand's waste legislation risk undermining public trust in the waste levy scheme, according to Parliamentary Commissioner for the Environment Simon Upton.
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.
