Topics tagged with 'NZ ETS'
How emitters can't see the trees for the carbon
18 Mar 2019
Storing carbon in new native forests could help to bring down New Zealand’s greenhouse gas emissions and protect native species at the same time, researchers say.
Shaw now first stop for farm emissions action
15 Mar 2019
The Interim Climate Change Committee will now report directly to climate minister James Shaw on whether the agricultural sector should be liable for emissions under the Emissions Trading Scheme.
Big emitters join hands to buy carbon forests
15 Mar 2019
Four of New Zealand’s largest emitters are joining forces to supply their own carbon credits to meet obligations under the Emissions Trading Scheme.
Climate group about to rule on agriculture gases
14 Mar 2019
The Interim Climate Change Committee will make its recommendations next month on how New Zealand should treat greenhouse gases from agriculture.
CLIMATE CHAMPION: My struggle with the future
13 Mar 2019
Atmospheric physicist Professor James Renwick is struggling with the idea that the world might really delay action on climate change to the point of disaster.
OPINION: Wise words for the schoolkids
13 Mar 2019
This Friday’s strike by school students calling for action on climate change has the support of some of our wisest citizens. Wise Response Society secretary DUGALD MACTAVISH explains why.
Growing number of carbon schemes cover emissions
13 Mar 2019
Nearly 14 per cent of global greenhouse gas emissions will be subject to a carbon price this year, World Bank figures show.
Shaw about to reveal climate policy timetable
12 Mar 2019
The Government will release details of its climate change policy timetable on Friday.
Wind turbine pioneer slams NZ procrastination
11 Mar 2019
A wind turbine company set up to make New Zealand “the Denmark of the Southern Hemisphere” is barely surviving because New Zealand continues to prop up dying industries, its founder says.
Councils might have to consider emissions
7 Mar 2019
Councils considering proposals under the Resource Management Act might soon have to take greenhouse gas emissions into account.
Fertiliser firm wants balance in carbon credits
5 Mar 2019
A company given millions of dollars’ worth of free carbon credits says the system giving it the units should not be stopped until at least 70 per cent of its competitors also face a carbon price.
Farmers must pay for emissions, say foresters
4 Mar 2019
The Government’s latest attempts to make the Emissions Trading Scheme attractive for forestry won’t work if farmers don’t have to pay for their emissions, say foresters.
Report puts boardrooms on carbon liabilty notice
26 Feb 2019
The days of ignoring carbon prices and the risks associated with climate change are over, businesses are being told.
Nats make 'measured and reasonable' climate plan
25 Feb 2019
A National government might give fewer free carbon credits to trade-exposed industrial emitters but is unlikely to force a large-scale reduction in biological emissions from agriculture, according to a new paper.
Cullen report backs more environmental taxes
21 Feb 2019
Greater environmental taxes and strengthening of the Emissions Trading Scheme are on the way if the Government adopts recommendations from its Tax Working Group.
MONEY MYSTERY: How much will this cost us?
19 Feb 2019
Treasury expects most emitters to pay the Government a carbon fee this year instead of surrendering carbon credits – and that will cost the country money.
Farmers put climate worries on back burner
15 Feb 2019
Climate change and the Emissions Trading Scheme have fallen down the list of things worrying farmers.
Emissions need multi-pronged action, says EDS
14 Feb 2019
The Emissions Trading Scheme alone will not drive the level of land-use change New Zealand will need to cut its greenhouse gas emissions, a new report says.
Mâori want say in planting of marginal land
12 Feb 2019
PLANS TO TURN farms on steep country into forests could see the Government run foul of Mâori economic development plans.
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.
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
Fri 1 Aug 2025
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
Fri 1 Aug 2025
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
Fri 1 Aug 2025
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?
Fri 1 Aug 2025
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
Fri 1 Aug 2025
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
Fri 1 Aug 2025
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.
