Topics tagged with 'NZ ETS'
WHAT YOU SHOULD KNOW >>
4 Jun 2020
Parliament takes a break today from discussing climate change, with the third reading of the Emissions Trading Scheme reform bill and the committee stage of the Resource Management Act reform too low on the order paper to get an airing.
Shaw sings songs of praise for trading scheme
3 Jun 2020
Climate minister James Shaw – who three years ago was calling for the Emissions Trading Scheme to be scrapped – was singing its praises in Parliament yesterday.
Prices jump a dollar on fixed-price news
3 Jun 2020
Carbon prices jumped a dollar yesterday on the back of confirmation the fixed-price option will move to $35 this year.
Govt opposed ClimCom in cash-or-credits case
3 Jun 2020
The Government went against the advice of its own Climate Change Commission in allowing companies to continue to pay money instead of surrendering carbon credits to atone for their greenhouse gas emissions.
WHAT YOU NEEED TO KNOW >
3 Jun 2020
Parliament sits today and tomorrow, with the Resource Management Amendment Bill due for its second reading and reforms to the Emissions Trading Scheme about to go through the committee of the House stage before having their third reading.
Effective carbon price-cap will hit $35 this year
2 Jun 2020
The effective price cap on carbon prices in New Zealand will go to $35 this year.
Biofuel could pull trucks into line, say officials
2 Jun 2020
New Zealand could cut its greenhouse gas emissions immediately by using more biofuels in trucks, officials say.
WHAT YOU SHOULD KNOW >
2 Jun 2020
Changes to the Emissions Trading Scheme are expected to have their second reading in Parliament today.
POLITICS: Carbon pricing plans about due
29 May 2020
Whether the Government will go ahead with plans to lift the maximum carbon price this year could become clear next week.
WHAT YOU SHOULD KNOW >
29 May 2020
Sunday is the last day for emitters to pay for their 2019 emissions – either by surrendering carbon credits or paying the Government $25 for every tonne of liable emissions.
NEWSFLASH - NZ carbon hits historic high
28 May 2020
New Zealand’s carbon market has broken the $30 barrier.
Cities critical to climate, Wellington tells Govt
26 May 2020
One of the country's largest local authorities says the Government 's plans for urban development are at odds with its programme for combatting climate change.
Muller's got 'very strong views' on cutting carbon
25 May 2020
New National Party leader Todd Muller says the drive toward a low-emissions economy should continue despite the effects of the covid-19 pandemic on the economy.
Government goes for silence on ETS
19 May 2020
The Government will make no announcements about changes to the Emissions Trading Scheme until after surrender date on May 31.
Rising prices push up free-credits cost
15 May 2020
Rising carbon prices are pushing up the on-going cost of giving free carbon credits to emitters.
Wellington says govt urban plan fails on climate
14 May 2020
The Government's plans for urban development are at odds with its programme for dealing with climate change, says Greater Wellington Regional Council.
ETS faces biggest overhaul in 10 years
5 May 2020
The biggest overhaul of the Emissions Trading Scheme since it was gutted in 2010 is back before Parliament.
RMA welcomes back greenhouse gas emissions
30 Apr 2020
Greenhouse gas emissions are set to come back into the Resource Management Act, making it compulsory for councils to consider climate change in granting resource consents.
Govt cans changes to electricity factor
28 Apr 2020
The Government is shelving plans to review the way electricity costs are calculated in deciding how many free carbon credits should be given to industry.
Free credits could be lifeline for Marsden refinery
24 Apr 2020
Free carbon credits could be worth $18 million a year for the Marsden Point oil refinery and in some years be the difference between profit and loss, Treasury says.
WHAT YOU NEED TO KNOW ...
23 Apr 2020
Parliament’s Environment Select Committee discusses changes to the Emissions Trading Scheme today.
Refinery could get windfall carbon credits
22 Apr 2020
Bringing the Marsden Point oil refinery into the Emissions Trading Scheme could cost taxpayers money, Cabinet has been told.
WHAT YOU NEED TO KNOW ...
22 Apr 2020
Today is Earth Day – and the fourth anniversary of the signing of the Paris Agreement.
POLITICS: Shaw tells business to speak up
17 Apr 2020
Climate minister James Shaw says businesses wanting the covid-19 pandemic economic recovery to be a low-carbon transformation need to lobby Cabinet ministers now.
WHAT YOU NEED TO KNOW ...
16 Apr 2020
Submissions on the Government’s plans to regulate the fuel market close on April 25, on the draft transport policy statement on April 27 and on the draft rail plan on May 11.
Fewer emissions, but we need to be doing more
15 Apr 2020
New Zealand’s emissions fell slightly in 2018 – but not because the country has changed its behaviour.
Upton raises moratorium on new coal mines
15 Apr 2020
Parliamentary Commissioner for the Environment Simon Upton says New Zealand should be thinking about a moratorium on new coal mines.
WHAT YOU NEED TO KNOW ...
15 Apr 2020
Our Freshwater 2020, updating the 2017 official report on the state of New Zealand’s waterways, will be released tomorrow.
Capital council might sell $7m worth of credits
14 Apr 2020
Greater Wellington Regional Council might sell more than $7 million worth of carbon credits to fund its low-carbon transition.
ClimCom sees greening bonus from pandemic plans
14 Apr 2020
The Climate Change Commission is calling on the Government to use its covid-19 recovery plan to kick-start the country’s decarbonisation and says reform of the Emissions Trading Scheme should continue.
POLITICS: Roll out the big guns
9 Apr 2020
The Government’s climate programme is under double-fire this week.
Taxing oil and gas fields could work, says Upton
6 Apr 2020
Taxing oil and gas exploration and strengthening the Emissions Trading Scheme could be more effective ways of cutting greenhouse gas emissions than banning exploration, the Parliamentary Commissioner for the Environment says.
POLITICS: We're on a climate knife-edge
3 Apr 2020
By ADELIA HALLETT | Is the covid-19 pandemic going to be a repeat of the Global Financial Crisis in terms of climate change? It could go either way.
EDS (and more) welcomes moves on emissions
3 Apr 2020
Moves to make local councils consider greenhouse gas emissions in resource consents would have thrilled climate activist and former Green Party co-leader Jeanette Fitzsimons, says Environmental Defence Society chief executive Gary Taylor.
Lift RMA emissions ban, says select committee
2 Apr 2020
A 2004 ban on considering greenhouse gas emissions in resource consents should be overturned, the Environment Select Committee has told Parliament.
ETS reform still a top job, says minister
31 Mar 2020
Reforming the Emissions Trading Scheme remains a priority for the Government, despite disruption caused by the covid-19 pandemic, says climate minister James Shaw.
Deadline nears for emissions return extensions
27 Mar 2020
Businesses struggling to complete a 2019 emissions return because of the state of emergency in New Zealand must apply for an extension before Tuesday.
WHAT YOU NEED TO KNOW ...
27 Mar 2020
Submissions on the use of nitrogen inhibitors in agriculture which were due to be with the Ministry of Primary Industries today now close on April 5.
Emission trading changes will have to wait
26 Mar 2020
Changes to the Emissions Trading Scheme are in lockdown along with the rest of the country.
POLITICS: Sorry, we're a bit busy
20 Mar 2020
CLIMATE change received only the briefest of attention in Parliament this week.
Customers made the call, says new carbon operator
18 Mar 2020
The operator of a new carbon-trading platform says it is responding to demand from its customers.
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.
Media round-up
Fri 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.
Coal-to-urea plan ‘extremely unlikely’ to be zero carbon
Today 11:15am
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.
$30m airline fund risks ‘burning public money’ without lasting benefit – expert
20 Mar 2026
By Shannon Morris-Williams | A $30 million government package to support regional air routes risks delivering poor value for money while increasing emissions, according to transport strategist Tim Adriaansen.
Europe 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 plan heavy on talk, light on action, expert warns
Fri 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.
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.
Forest & Bird warns Emissions Trading Scheme ‘failing’
Today 11:15am
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.
Fossil fuel phaseout talks begin with half the global economy
Today 11:15am
The world’s first fossil fuel phaseout conference has begun in Santa Marta, Colombia, with 57 countries representing more than half of global GDP, 30% of the world’s population and 20% of global fossil fuel production.
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.
Victorian Hydrogen announces Southland urea fertiliser project using coal
Wed 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.
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.
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.
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.
Commission advises no change to ETS settings but warns Govt of looming risks
Fri 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.
The Iran war has the world buying more clean energy. China stands to benefit the most
Today 11:15am
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.
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.
Northland community climate resilience fund faces massive demand
Fri 24 Apr 2026
By Susan Botting, Local Democracy Reporter | A three‑year‑old ratepayer-funded Northland Regional Council community climate resilience fund is experiencing strong demand, with to date around five times more money sought than is available.
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.
NZ cleantech could match forests in emissions cuts – but funding gap looms
Wed 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.
Going concern status flags depth of Methanex NZ's gas crisis
21 Apr 2026
Methanex's New Zealand operation is relying on financial support from its Canadian parent to remain a going concern after a second consecutive year of asset impairments left the business with negative equity.
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 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.
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.
Fonterra admits ‘100% grass-fed’ claim breached law in greenwashing row
2 Apr 2026
By Shannon Morris-Williams | Fonterra has admitted its “100% New Zealand grass-fed” claims on Anchor butter were misleading and breached the law, settling a case brought by Greenpeace Aotearoa over packaging used between December 2023 and April 2025.
Mercury signs major hydro upgrade programme with ANDRITZ
Thu 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.
NZ prepares to join ‘gold rush’ for white hydrogen
25 Mar 2026
By Pattrick Smellie | New Zealand may be close to commercialising the capture and use of naturally occurring ‘white’ hydrogen, with investment plans for developments in the Wairarapa region picking up pace in response to spiralling oil prices.
Storms hitting New Zealand every eight days
Thu 23 Apr 2026
By Shannon Morris-Williams | Storms are now striking New Zealand nearly every week, with new data showing a sharp rise in frequency and intensity as the country reels from repeated flooding and extreme weather events.
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.
Environmental groups sue Trump administration over approval of new ultra deep-water drilling project
Thu 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.
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.
Climate risks could reshape business finances, new guidance warns
15 Apr 2026
By Shannon Morris-Williams | New guidance warns climate change is set to fundamentally reshape financial outcomes for businesses, including difficult-to-model climate “tipping points” – irreversible changes such as ice sheet collapse or ocean circulation shifts – which threaten severe and sudden financial impacts.
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.
Announcements expected soon on $200M gas fund
Fri 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'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.
Pacific Islands call for fossil fuel phase-out, NZ hangs back
Thu 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.
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.
‘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?
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.
China has a new competitor? Kazakhstan reveals huge rare Earth deposit that could power the next tech boom
25 Feb 2026
China’s grip on rare earths might finally see some competition, and the world is already taking notice.
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.
Timaru’s buses go fully electric
Thu 23 Apr 2026
By Shannon Morris-Williams | Timaru’s bus service is set to go fully electric with the rollout of 10 new vehicles, marking a major step in cutting emissions and advancing Canterbury’s low-carbon public transport network.
The one-million whale climate solution: 6000-mile voyage launches to audit ocean carbon sinks
Today 11:15am
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.
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?
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.
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.
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.
Electric car sales soar 51% in mainland Europe as Iran war drives up fuel prices
Wed 22 Apr 2026
Buyers’ interest in electric cars has risen across Europe since the start of the war in Iran in late February, as the rising cost of petrol highlights the cheaper power available from a plug.
India walked away from its bid to host COP33 – here's why
16 Apr 2026
India has quietly abandoned its bid to host the UN's top-tier climate conference COP33, marking a shift from PM Narendra Modi's pledge in 2023. Experts and analysts explore what's behind the decision.
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.
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.
Scientists forecast wildfire risk for species survival under climate change
Fri 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.
Record 165 GW of wind power capacity added in 2025, led by China, report says
Wed 22 Apr 2026
The global wind industry installed a record 165 gigawatts of new capacity last year, up 40% from 2024 and mostly driven by China, a report by the Global Wind Energy Council said, adding this still lagged the pace needed to hit a key climate goal.
