Topics tagged with 'NZ ETS'
Industrial power challenges ETS deal for farmers
7 Feb 2019
A Labour-New Zealand First coalition agreement clause that guarantees farmers they will not pay as much as other sectors for their greenhouse gas emissions – if anything at all - is being challenged by one of our biggest industrial companies.
China is the big fish, says European ETS expert
5 Feb 2019
Linkages between emissions trading scheme in Europe and New Zealand are on the agenda – but it’s China that Europe is really interested in.
Second iwi wants inclusion of older forests
1 Feb 2019
Another major iwi is pushing for tradable carbon credits for a much wider range of forests – and says dairy farmers should be liable for emissions from their businesses.
Hands off carbon price this year, says Contact
30 Jan 2019
Contact Energy is one of the companies which opposed the Government lifting the $25 carbon price cap this year.
Maori landowners back use of older forests
29 Jan 2019
Iwi involved in the Treelords settlement are backing calls for extra carbon stored in old and indigenous forests be recognised.
Don't ignore pre-1990 trees, foresters urge
25 Jan 2019
The Emissions Trading Scheme should be used to encourage more carbon storage in old forests, the forestry industry is telling the Government.
ETS proposals won't cut it, says carbon forester
24 Jan 2019
Proposed changes to the Emissions Trading Scheme alone will not trigger the forestry planting levels New Zealand needs to cut emissions – agriculture must be brought into the scheme, says one of the country’s largest forest companies.
OPINION: Climate action counts, not rhetoric
24 Jan 2019
By TODD MULLER | It was disappointing to see yesterday’s Carbon News claim that figures I had used in my recent article were “wide of the mark”.
Tiwai could lead way in new-deal aluminium
22 Jan 2019
The owner of New Zealand’s only aluminium smelter says the country could have a bright future producing low-emissions aluminium for a carbon-constrained world.
Govt explains why $25 cap should stay for now
21 Dec 2018
The Government says the current cap on the price of carbon needs to stay in place while the Emissions Trading Scheme is reviewed.
Government releases new forestry rules
20 Dec 2018
The Government has released further details of changes to the Emissions Trading Scheme’s forestry rules.
NZ and Europe to strengthen market cooperation
18 Dec 2018
New Zealand is to strengthen its carbon market ties with Europe.
Fewer animals is real answer, says forest group
14 Dec 2018
A group set up to advise the Government on the role of forestry in cutting greenhouse gas emissions says the real answer is reducing livestock numbers.
OPINION: When will the real action begin?
14 Dec 2018
The Government’s Emissions Trading Scheme announcement this week has left carbon forestry pioneer Dr MURRAY McCLINTOCK, of Nelson company Carbon Farm, underwhelmed and asking when the real action on combatting climate change will begin.
Government stalls as carbon price hits high
13 Dec 2018
Record carbon prices have failed to convince the Government that the price cap should be lifted immediately.
Permanent forests become permanent fixture
13 Dec 2018
Permanent forests are to come into the Emissions Trading Scheme, but there’s no decision yet on recognising the carbon stored in timber products and whether landowners will be able to average out carbon stored in their forests.
Carbon trading will mean fair trading
13 Dec 2018
Insider trading is to be banned from New Zealand’s carbon market.
Government announces wide ETS changes
12 Dec 2018
A cap on emissions, a system to manage carbon credits supply and prices, the inclusion of permanent forests, and the possibility of a price a price floor are the major changes to the Emissions Trading Scheme just announced by the Government.
ETS changes could see price cap lifted
12 Dec 2018
The next round of changes to the Emissions Trading Scheme to be announced later today could see the $25 price cap lifted.
Government eyes using ETS money to help farmers
12 Dec 2018
Using revenue from the Emissions Trading Scheme to fund carbon sequestration by farmers is one of the options the Government is considering as it opens discussion with other countries on ways of dealing with agricultural greenhouse gas emissions.
Our climate efforts 'highly insufficient'
12 Dec 2018
New Zealand’s efforts on climate change remain “highly insufficient” and consistent with twice the level of warming that scientists say we should not go beyond.
JAMES SHAW: A year of living hopefully
10 Dec 2018
Climate minister James Shaw arrives in Poland today for international climate negotiations. This time last year he was a brand-new minister, just three weeks into the job and announcing on the world stage that New Zealand would be carbon-neutral by 2050.
What state farmer said about green taxes
10 Dec 2018
New Zealand’s largest farmer, State-owned Pamu, has triggered outrage in some circles by telling the Government’s Tax Working Group that it supports some environmental taxes.
We must cut animal numbers, says new report
7 Dec 2018
Another report has confirmed that New Zealand cannot meet its Paris Agreement commitments without reducing the number of farm animals – and says that carbon prices up to $80 a tonne are needed to do it.
NZ will take agriculture lead role at Katowice
4 Dec 2018
New Zealand will lead discussions at international climate talks in Poland on upping emissions reductions from farming.
ClimCom could make methane call, says Treasury
30 Nov 2018
Treasury has suggested the Government delay setting a 2050 emissions reduction target, saying giving the decision to the yet-to-be-established climate commission would allow more time to decide by how much methane emissions should be reduced.
EDITORIAL: New UN report drops a bomb
28 Nov 2018
A report out today saying that global emissions are rising again because of economic growth should be the bomb needed to blast us out of our self-congratulatory complacency.
Blockchain takes politics out of carbon play
15 Nov 2018
Businesses will soon be able to price and trade carbon without the help of governments by using blockchain technology, says a social enterprise about to launch a new carbon platform.
How we'll pay for National's mismanagement
12 Nov 2018
Climate mismanagement under the National government means New Zealand will have to use international carbon credits to meet its emissions reduction targets, says a leading carbon forestry executive.
New RMA will cover effects of climate change
9 Nov 2018
The Government’s overhaul of the Resource Management Act will include the way it deals with climate change.
Treasury likes bonds to reward tree-planting
7 Nov 2018
Environmental impact bonds encouraging the planting of native forests could help to cut New Zealand’s greenhouse gas emissions, Treasury says.
Emissions failure will hurt farmers, says Fonterra
31 Oct 2018
A global failure to cut greenhouse gas emissions will see New Zealand farmers face demands for major production cuts, the world’s largest milk-producer is warning.
Exploration ban sound signal, says forum chair
26 Oct 2018
Changes to the Crown Minerals Act that will see most new oil and gas exploration banned are the type of signals businesses need, says one of the people heading a ground-breaking finance sector project.
Pioneering carbon investment fund opens doors
24 Oct 2018
A carbon investment fund six years in the making is open for business.
We're about to get funds trading in carbon
16 Oct 2018
New Zealand is about to get a managed funds service based on carbon.
Why our monetary system suits Zero Carbon Act
15 Oct 2018
New Zealand’s monetary policy system is a good model for the Zero Carbon Act, says the country’s stock exchange.
IPCC: Reaching 1.5deg is no easy task
8 Oct 2018
Keeping global warming to no more than 1.5deg is possible and sensible, but it will not be easy, the International Panel on Climate Change says.
ETS farming delay could be costly, says EY
2 Oct 2018
Postponing bringing agriculture into the Emissions Trading Scheme risks exposing New Zealand’s economy to a shock, says one of the world’s largest accounting firms.
Ministry likes look of targeted green taxes
26 Sep 2018
The Ministry for the Environment says it likes environmental taxes – especially for dealing with climate change and water problems.
Getting rid of free credits worth $2b, says TWG
21 Sep 2018
Ditching free carbon credits for trade-exposed heavy emitters could generate $2.1 billion a year in revenue, the Tax Working Group says.
New maps will settle forest-planting posers
19 Sep 2018
The thorny question of whether land is eligible for carbon forests could soon be solved – with a map.
Officials wobble under Govt's climate assault
18 Sep 2018
The Government’s heavy climate-change work programme is putting pressure on officials, confidential papers show.
Climate action-man puts new emissions option
14 Sep 2018
The man who got politicians from both sides of Parliament to agree on climate change says there might be a third option for dealing with New Zealand’s greenhouse gas emissions.
Farmers' cost claims wrong, says commission
7 Sep 2018
Claims by the farming sector that cutting agricultural greenhouse gas emissions will cost farmers $230,000 a year by 2050 are wrong, the Productivity Commission says.
Foresters happy, farmers wary of carbon path
5 Sep 2018
Recommendations for what is being called the biggest land-use change in New Zealand’s history are pleasing foresters but not farmers.
PRODCOM 1: Innovation key to our carbon future
4 Sep 2018
Carbon prices of $200 a tonne, the end of fossil-fuels and agriculture subject to carbon pricing are on the cards if the Government picks up a new report.
PRODCOM 2: Market needs special treatment
4 Sep 2018
The carbon market should be managed by a special authority, the Productivity Commission says.
PRODCOM 3: Farmers deserve emissions subsidy
4 Sep 2018
Farmers should be paying for greenhouse gas emissions – albeit at a subsidised rate, the Productivity Commission says.
PRODCOM 5: Where we got it wrong
4 Sep 2018
What went wrong with New Zealand’s Emissions Trading Scheme? The Productivity Commission spells it out in a report released today.
Calls for Government to act as carbon tops $25
31 Aug 2018
New Zealand carbon is trading over the unofficial cap price of $25, prompting new calls for the Government to hedge the country’s looming carbon debt.
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.
