Topics tagged with 'NZ ETS'
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.
Down the track, our emissions rate will fall
19 Dec 2019
New Zealand’s projected greenhouse gas emissions are falling.
Climate commission gets its body of experts
17 Dec 2019
The names of the experts who will make up the Climate Change Commission have been announced.
EDITORIAL: Two to remember
13 Dec 2019
By publisher ADELIA HALLETT | This year will be remembered for two things – the passing of the zero-carbon act and the year in which our children got angry with us over climate change.
PLEASE EXPLAIN: NZ faces grilling at Madrid meet
9 Dec 2019
New Zealand faces up to the world in Madrid today to explain how it is meeting its emissions reduction targets despite a 23 per cent rise in gross emissions and 65 per cent rise in net emissions since 1990.
Jump to it, Jacinda, says global carbon watchdog
5 Dec 2019
Prime Minister Jacinda Ardern is under international pressure to increase New Zealand’s 2030 emissions reduction target in line with the Paris Agreement.
NZ will sign new ship emissions pact
5 Dec 2019
New Zealand will sign up to new international maritime regulations to reduce ship emissions and lift air quality around ports and harbours.
Why the rulebook matters for us at Madrid talks
3 Dec 2019
New Zealand’s plan to use carbon credits to meet part of its emissions reduction target means the country has a big stake in international climate negotiations now under way in Madrid.
EDITORIAL: Right road, but the slow road
29 Nov 2019
By publisher ADELIA HALLETT | It must be tempting, if you’re in the New Zealand delegation at climate talks in Madrid next week, to rest on your laurels, take the pats on the back, bask in the international limelight.
ACC still on rack over fossil-fuel investments
29 Nov 2019
The Government-owned Accident Compensation Corporation is likely to remain under pressure to withdraw $1 billion worth of investments in fossil-fuel companies.
Foresters want pre-1990 trees recognised
26 Nov 2019
Extra carbon stored in pre-1990 forests should be recognised with carbon credits, forest owners say.
Carbon footprints not on Government agenda
22 Nov 2019
The Government is not considering the carbon footprint of imported goods.
WANTED: Someone to run carbon-credit auctions
21 Nov 2019
The Government is looking for someone to build and run its new carbon-credit-auctioning platform.
Treasury casts eye over emissions changes
18 Nov 2019
Greenhouse gas emissions from farming will fall 12 per cent by the middle of the century even without a carbon price, Treasury says.
National Party applauds farmers' pine protest
15 Nov 2019
The National Party says it supports farmers who marched on Parliament yesterday demanding a halt to the planting of carbon forests on productive farmland.
RMA could ease path of climate-change work
13 Nov 2019
Climate-saving projects could get an easier run under the Resource Management Act, says a Government-commissioned panel of experts.
New party backs emissions pricing
11 Nov 2019
A new environment-based political party supports emissions pricing, wants the Climate Change Commission to set the methane reduction target, and says it would be reluctant to get rid of a ban on new offshore oil and gas exploration.
That's the act done ... now on with the changes
8 Nov 2019
The zero carbon act is law; bring on reform of the Emissions Trading Scheme.
Staunch Nats vow to change zero-carbon bill
4 Nov 2019
National still hopes to drive through changes to the zero-carbon bill before it is passed this week.
Climate progress slowing, says Auckland councillor
Thu 5 Jun 2025
By Shannon Morris-Williams | The devastating cyclone that tore through Tāmaki Makaurau in 2023 left behind more than just broken infrastructure, sparking calls to focus on facts over ideology in the fight against climate change.
Fed Farmers launches campaign against carbon forestry
Fri 6 Jun 2025
By Liz Kivi | Federated Farmers has launched what they are calling the ‘Save Our Sheep’ campaign, blaming carbon forestry for declining sheep numbers and calling on the government to urgently review the Emissions Trading Scheme.
Greenwashing is rife in Australia, but could its days be numbered?
28 May 2025
COMMENT: Have you ever ticked the box to “fly carbon neutral”, had something delivered via “carbon-neutral shipping” or chosen to pay a bit extra to buy “carbon-neutral gas” from your energy retailer?
Help sustainable aviation fuels take off or delay targets, airlines warn EU
20 May 2025
Earmarked funding, risk-reduction tools, and simplified imports top Airlines for Europe’s wish list for the EU’s upcoming Sustainable Transport Investment Plan.
Microplastics found in sand on dozens of NZ beaches
Wed 4 Jun 2025
Scientists have extracted microplastics from the sand of 22 beaches from the Far North to Banks Peninsula.
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.
Govt mulls status quo for ETS auction settings
29 May 2025
By Liz Kivi | The government has released its consultation on the Climate Change Commission’s latest advice on Emissions Trading Scheme auction settings and volumes, putting forward the option to ignore the commission’s advice to boost auction volumes from 2028-2030.
Global energy investment set to hit record $3.3 trillion in 2025, IEA says
Fri 6 Jun 2025
A surge in clean energy spending is expected to drive a record $3.3 trillion in global energy investment in 2025, despite economic uncertainty and geopolitical tensions, the International Energy Agency said on Thursday.
Carbon price too low to fund carbon capture
20 May 2025
The government’s climate target to 2030 is at risk, after revelations that a carbon capture project which the government was relying on to deliver one third of its carbon reductions, might not go ahead.
Fight over coal mine heats up
30 May 2025
Forest & Bird is calling on the government to create a new scientific reserve covering the Denniston Plateau on the West Coast, which would stop a fast-tracked coal mine.
Trump’s actions are already having consequences for climate, especially for the IPCC - expert
11 Apr 2025
Leading climate scientist, Dr Kevin Trenberth, left the US and came home to New Zealand because of the rise of Donald Trump. In this comment piece, he writes that he is appalled in multiple ways by the so-called “war on science” unfolding through staff cuts and the president’s policy edicts.
Common low-grade clay strengthens low-carbon concrete
Thu 5 Jun 2025
Media release | Engineers at RMIT University have converted low-grade clay into a high-performance cement supplement, opening a potential new market in sustainable construction materials.
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.
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.
Gas supply reducing faster than forecast
Thu 5 Jun 2025
By Liz Kivi | Gas reserves have reduced 27% as of 1 January 2025 compared to last year, according to data released today by the Ministry of Business, Innovation and Employment.
Govt budgets $200m for would-be gas investors
23 May 2025
By Liz Kivi | Energy Resources Aotearoa has welcomed the government's plan to co-invest $200 million in fossil gas expansion, while environmental and climate groups have reacted with horror.
Extreme ocean warming engulfed South-West Pacific in 2024
Fri 6 Jun 2025
By Shannon Morris-Williams | Unprecedented ocean warming engulfed the South-West Pacific in 2024, with extreme heat and rainfall causing deadly and devastating impacts and sea level rise threatening entire islands.
Oceans Commission must have teeth – minister
14 May 2025
If an Oceans Commission were to be established under the government it would need genuine powers to make change, says Minister for Oceans and Fisheries Shane Jones.
Biochar's negative emissions tech coming to Fieldays
Fri 6 Jun 2025
Biochar Network New Zealand will showcase its negative emissions technology biochar at this year's Forestry Hub at Fieldays 2025.
Vanuatu criticises Australia for extending gas project while making COP31 bid
Wed 4 Jun 2025
Vanuatu’s climate minister has expressed disappointment over Australia’s decision to extend one of the world’s biggest liquefied natural gas projects and said it raises questions over its bid to co-host the COP31 summit with Pacific nations.
Hotter and deeper: how NZ’s plan to drill for ‘supercritical’ geothermal energy holds promise and risk
2 Apr 2025
By David Dempsey, University of Canterbury | New Zealand’s North Island features a number of geothermal systems, several of which are used to generate some 1,000 MegaWatts of electricity. But deeper down there may be even more potential.
Electrification challenge for politicians, regulators
27 May 2025
Rewiring Aotearoa is calling for stronger political leadership to bring its vision of a cheaper, cleaner and stronger energy system to life, with the launch of its policy manifesto today.
How the little-known ‘dark roof’ lobby may be making US cities hotter
Fri 6 Jun 2025
As cities heat up, reflective roofs could lower energy bills and help the climate. But dark-roofing manufacturers are waging a quiet campaign to block new rules.
Energy Australia is in court accused of greenwashing. What is the case about and why is it significant?
16 May 2025
Climate group alleges energy giant misled 400,000 customers about ‘Go Neutral’ product, arguing that carbon credits don’t actually remove emissions.
Methanex closure comes early this year
14 May 2025
The almost-now-annual closure of Methanex has come earlier this year, giving more confidence that the electricity system will get through the winter without a fuel shortfall.
What happened to the hydrogen economy?
Tue 3 Jun 2025
The hydrogen car that was supposed to carry us into a cleaner future is still not in the driveway. In fact, outside of a few test markets, it’s not in anyone’s driveway.
Climate change could drive surge in foreclosures and lender losses, new study finds
22 May 2025
Extreme weather linked to climate change could spell financial ruin for many American homeowners and lead to billions in losses for lenders, a new study finds.
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.
Energy Australia apologises to 400,000 customers and settles greenwashing legal action
22 May 2025
Energy retailer says carbon offsetting ‘not the most effective way’ to reduce emissions.
Could ‘orange’ hydrogen be NZ’s key to net-zero?
30 May 2025
By Liz Kivi | New Zealand could be sitting on resources for a thriving multi-billion-dollar, low-carbon hydrogen economy, which might even be capable of creating a net reduction of carbon dioxide, according to scientists.
Carbon News launches price index
24 Jun 2024
Today’s issue is the first to feature Carbon News’ own carbon price index for secondary market spot prices for NZUs on New Zealand’s compliance market.
Govt's RMA overhaul sparks fears for nature and climate
30 May 2025
By Shannon Morris-Williams | The Government has opened public consultation on the biggest overhaul of environmental planning rules in New Zealand’s history, with critics warning it puts nature and climate at risk in favour of fast-tracked development and industry expansion.
Top ocean experts sound the alarm over growing marine crisis due to climate change
Fri 6 Jun 2025
On the opening day of a global science conference, French fishery scientist Clea Abello presented research showing that marine protected areas could protect commercially valuable fisheries.
Tech alone won’t save us, warns climate expert
Wed 4 Jun 2025
By Shannon Morris-Williams | Technology alone won't be enough to reach net zero emissions, environmental psychologist Lorraine Whitmarsh told the Carbon and Energy Professionals conference in Auckland last week.
New research reveals NZ’s natural resource footprint
29 May 2025
Media release | New research from the office of the Parliamentary Commissioner for the Environment reveals that about 107 million tonnes of natural resources were required to produce the goods and services consumed by New Zealanders in 2019 – approximately 21 tonnes per person on average.
NZ's first chance in 20 years to catch up on waste
30 May 2025
Media release | The government has announced proposals for updating the Waste Minimisation Act and the Litter Act. For the first time in nearly 20 years, Kiwis have a chance to catch up with other countries to reduce our waste and litter.
Waste Levy risks becoming ‘slush fund’ under proposed changes – Commissioner
Thu 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.
Dismissals 'massive win' for climate movement
13 May 2025
The outstanding charges against 25 climate activists who disrupted traffic in Wellington have been dropped, a move the group calls a win for the climate movement.
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.
UK’s solar power surges 42% after sunniest spring on record
Fri 6 Jun 2025
The UK’s solar farms and rooftops generated more electricity than ever before in the first five months of 2025, as the country enjoyed its sunniest spring on record.
Green budget 'ludicrous la-la land' – govt
15 May 2025
Prime Minister Christopher Luxon said the budget was "clown show economics" and an "absolute circus".
US: Clean energy project cancellations top $14 Billion so far in 2025
Wed 4 Jun 2025
Businesses have pulled the plug on big projects amid Trump’s retreat on climate action. But plenty remain in the pipeline, awaiting a Congressional decision on tax credits.
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.
“It’s not the car – it’s how we move” – EECA
Tue 3 Jun 2025
By Shannon Morris-Williams| New Zealand’s transport emissions conversation has focused heavily on electric vehicles – but Richard Briggs, group manager, delivery and partnerships at the Energy Efficiency and Conservation Authority, says we’re asking the wrong question.
Europe’s next climate target may already have been agreed in Berlin
28 May 2025
Germany’s new coalition has adopted a climate stance shaped by talks with the EU’s top climate official, signalling where the bloc may land on a likely upcoming 2040 emissions target.
Water crisis on the horizon?
26 May 2025
Media release | Sewage contaminating Auckland oyster farms highlights the “dire state” of water infrastructure in Aotearoa, says University of Auckland Associate Professor Daniel Hikuroa.
Tropical forest loss hit new heights in 2024; fire a major driver in Latin America
23 May 2025
Tropical forest loss skyrocketed in 2024, with vast swaths of primary forest consumed by fire, according to new satellite data.
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.
