Topics tagged with 'NZ ETS'
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.
Don't rush free-credits' demise, warn exporters
24 Aug 2018
Trade-exposed heavy emitters should keep getting free carbon credits until 70 per cent of their international competitors face a carbon price, says Export New Zealand.
Cheap-credits companies might face crackdown
22 Aug 2018
The Government might crack down on companies using cheap credits to cover their carbon liabilities while banking or selling credits given to them by taxpayers.
High cost of land a blocker, say foresters
17 Aug 2018
The high cost of land means that even at $24 a tonne, New Zealand cannot rely on new forests to meet its 2030 emissions reduction target, the forestry industry says.
Green group hails ETS boost for native forests
17 Aug 2018
The Government’s plan to use the Emissions Trading Scheme to encourage more native forests is a smart move and will help to protect farms, towns and infrastructure from extreme weather events, an environmental organisation says.
$235 billion worth of NZ buildings exposed to flooding
Today 11:00am
More than 750,000 New Zealanders live in locations exposed to one-in-100-year floods, according to a nationwide study which shows escalating flood risk.
Look out for these 8 big ag greenwashing terms at COP30
Tue 28 Oct 2025
Food and farming companies will claim agriculture is the solution to the climate crisis at the Brazil summit — even though food drives a third of global warming.
NZ’s government wants tourism to drive economic growth – but how will it deal with aviation emissions?
22 Oct 2025
By Robert McLachlan, Te Kunenga ki Pūrehuroa – Massey University | Following a brief dip during the COVID pandemic, aviation is back in a growth phase.
Air NZ inks deal for its first internationally verified carbon credits
9 Oct 2025
By Liz Kivi | Air New Zealand has committed to buying 8000 tonnes of carbon removals by 2030, in partnership with local native forest investment platform My Native Forest.
Celebrities slam mining plans
Tue 28 Oct 2025
Actor Sam Neill has slammed plans for a gold mine in Otago, while Denniston Rose author Jenny Pattrick is backing a petition that would stop a coalmine on the West Coast.
Govt launches strategy backing wood-based heat sector
23 Oct 2025
By Pattrick Smellie | Forestry biomass could replace as much as 40% of fossil fuel-generated process heat by 2050, but access to supply, regulatory settings and business cases for converting to wood-based heat sources are required, the Government says in a series of documents released yesterday.
Taxonomy seen as key to shaping NZ’s voluntary nature credit market
Today 11:00am
By Shannon Morris-Williams | Experts say aligning the New Zealand Sustainable Finance Taxonomy with the development of voluntary nature credit markets could strengthen credibility, streamline investment, and support high-integrity environmental outcomes.
The Yangtze River is becoming the world’s largest electrified trade corridor
Today 11:00am
The Gezhouba, a new 13,000-ton all-electric bulk carrier launched in Yichang, is more than a technical milestone. It is a sign that the electrification of inland shipping is moving from concept to inevitability.
‘Plain old dull’: NZU market continues to limp sideways
Fri 24 Oct 2025
By Liz Kivi | The NZU market has been “plain old dull” in recent months, with activity driven mainly by credit opportunities or a specific need to raise cash, according to Lizzie Chambers of trading platform Carbon Match.
Genesis doubles down on Huntly as renewables ramp up
Fri 24 Oct 2025
Genesis Energy is doubling down on Huntly’s role as New Zealand’s energy backstop while accelerating one of the country’s largest pipelines of new renewable generation.
The merchants of doubt are back
3 Sep 2025
OPINION: If you don’t follow climate policy closely, you might not know that the Trump administration is launching an effort to overturn one of the most fundamental pillars of American climate policy.
Milestone for NZ Steel electrification
10 Sep 2025
By Pattrick Smellie | NZ Steel has passed an installation milestone for its new electric arc furnace, which will reduce emissions from the Glenbrook steel mill site by as much as one megatonne (1Mt) a year.
Carbon Finance Program upscales efforts to close climate investment gap in climate vulnerable nations
22 Oct 2025
Media release | The Climate Vulnerable Forum and its V20 Finance Ministers (CVF-V20) will work with the Voluntary Carbon Markets Integrity Initiative (VCMI) to upscale the Carbon Finance Program in reach and impact, supporting more climate-vulnerable countries to host high-integrity carbon projects that yield tangible climate, nature, and sustainable development benefits.
All carrot, no stick for farmers on methane
17 Oct 2025
By Pattrick Smellie | COMMENT: The abandonment of methane emissions pricing and the adoption of a weaker target is effectively the last nail in the coffin of the historic cross-parliamentary consensus embedded in the Zero Carbon Act 2019.
Lake Onslow battery project set for revival?
Wed 29 Oct 2025
A newly formed private consortium has emerged with plans to finance and build the massive Lake Onslow pumped-hydro project, despite the coalition government’s decision to abandon the scheme.
From nuisance to crisis: New report on pest wasps In Aotearoa
24 Sep 2025
Media release: Moths and Butterflies NZ Trust | Just published is the Final Report of the Pest Wasps Survey carried out by the Moths and Butterflies of NZ Trust (MBNZT) offering a comprehensive look at New Zealanders’ awareness, experiences, and attitudes toward wasps and the growing ecological, health, and social issues associated with them.
What makes Melissa such a dangerous storm?
Today 11:00am
A very powerful hurricane has made landfall in Jamaica and is the strongest storm to hit the Caribbean island in modern history.
NZ marine heatwaves could double in intensity under high-emissions pathway
16 Oct 2025
By Shannon Morris-Williams | New projections show marine heatwaves will grow more intense around the North Island and more frequent around the South Island as the climate warms – raising risks for fisheries, aquaculture, coastal ecosystems and tourism.
Foresta welcomes Government support for Kawerau plant
Today 11:00am
By Diane McCarthy, Local Democracy Reporter | A $9 million Government boost to wood energy production has been welcomed by a company with its sights set on building a torrefied wood pellet plant in Kawerau.
Oil firm TotalEnergies made misleading green statements, court rules
Tue 28 Oct 2025
A French oil company engaged in “misleading commercial practices” about the scope of its environmental commitments, a court has ruled.
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.”
Super Fund smashes decarbonisation goals
23 Oct 2025
By Pattrick Smellie | The New Zealand Superannuation Fund continues to blow through its self-imposed targets for decarbonising its investment portfolio, increasing its exposure to fast-growing green technology opportunities in the process, according to its 2025 climate statement.
No major banks have yet committed to stop funding new oil, gas and coal, research finds
Fri 24 Oct 2025
‘The objectives of the Paris agreement are slipping further out of reach,’ say researchers.
Is greenhushing the new greenwashing? Or something else entirely
Fri 24 Oct 2025
Companies used to be accused of faking sustainability via greenwashing. Now some are hiding actual climate progress.
Coal imports up 650%
12 Sep 2025
By Shannon Morris-Williams and Liz Kivi | Coal imports are up 650% as generators stockpile the most polluting fossil fuel ahead of next winter.
Hiringa eyes green methanol plant near Whanganui
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.
Vero warns losses to rise 26% by 2050 over extreme weather
Wed 29 Oct 2025
By Shannon Morris-Williams | Extreme weather could drive a 19–26% spike in annual insurance losses by 2050, fuelled by rising seas and more intense flooding, according to Vero’s latest Climate-Related Disclosures Report.
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.
Norway faces European Court climate ruling over oil licences
Wed 29 Oct 2025
The European Court of Human Rights will decide on Tuesday if Norway breached its climate obligations when it awarded Arctic oil exploration licenses in 2016.
Nelson commuters urged to ditch car once a week
22 Oct 2025
By Max Frethey, Local Democracy Reporter | Nelson has a bold carbon emission reduction target and residents are being encouraged to leave the car at home one day a week to help meet it.
Bill to ban new coal mines fails at first reading
Fri 24 Oct 2025
By Shannon Morris-Williams | A bid to outlaw new coal mines was defeated at its first hurdle in Parliament this week, after a heated debate pitting climate imperatives against energy security and affordability.
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.
Climate impacts hit NZ with increasing wild weather
23 Oct 2025
By Liz Kivi | New Zealand is facing a triple whammy of climate impacts today, with severe winds and rainfall predicted for much of the country while some areas are still dealing with wildfires ignited earlier in the week.
‘Weird and sad’ – Tuvalu Climate Minister condemns NZ halving methane target
15 Oct 2025
By Liz Kivi | Dr Maina Talia, Tuvalu’s Minister for Home Affairs, Climate Change, and Environment, says he’s surprised at New Zealand’s decision to weaken its target for reducing methane emissions – and is planning to take up the issue with his counterpart Climate Minister Simon Watts this week.
Lobby group launches ‘blueprint’ for ocean management reform
18 Sep 2025
The Environmental Defence Society yesterday released its plan to tackle widespread ecological decline in our oceans.
FMA grants temporary 'no action' relief for for firms set to exit climate reporting regime
Wed 29 Oct 2025
The Financial Markets Authority has announced it won't take action against companies expecting to fall out of mandatory climate reporting obligations, if they fail to lodge climate statements while the law changes are pending.
Judge dismisses suit by young climate activists against Trump’s pro-fossil fuel policies
17 Oct 2025
Plaintiffs had ‘overwhelming evidence’ of climate crisis but a court injunction would be ‘unworkable’, ruling says.
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.
Difficult trade-offs ahead for climate adaptation
17 Oct 2025
By Shannon Morris-Williams | While climate impacts are already here, bringing the urgent need to accelerate effective adaptation now, the Government's newly minted adaptation framework still leaves important questions unanswered about who will pay.
Solar households to get little-noticed tax break
23 Sep 2025
A provision in the government’s latest tax bill would exempt households from paying tax on income they earn by selling excess electricity back to the grid.
Climate scientists and republican lawyers are taking aim at Big Tech’s emissions
17 Oct 2025
Technology companies have long been one of the biggest investors in clean energy, but new accounting rules could upend that.
Last minute change to oil and gas legislation over cleanup costs
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.
Councillor calls out ‘anti-EV propaganda’ after fatal bus fire
Wed 29 Oct 2025
By Torika Tokalau, Local Democracy Reporter | An Auckland councillor says he's disappointed with the level of misinformation circulating about a fatal collision involving an electric bus and car last week.
Fix it, don't ditch it: University of Auckland hosts first Repair Cafe
9 Oct 2025
Media release - Auckland University | The University's first-ever Repair Cafe is bringing students and staff together to give broken items a new lease on life, while promoting a culture of repair and reuse.
Council buys dairy farm to help clean up Lake Rotorua
21 Oct 2025
Bay of Plenty Regional Council has bought a 266-hectare dairy farm in the Lake Rotorua catchment and plans to retire it from production to reduce nitrogen entering the lake.
Adaptation plan at odds with public sentiment: survey
21 Oct 2025
By Liz Kivi | The Government’s position on climate adaptation buyouts shows a disconnect with public opinion, according to survey findings from insurer Suncorp NZ.
‘Damp squib’ – Govt energy plan slammed for locking in fossil fuels
2 Oct 2025
By Shannon Morris-Williams | Critics across business, climate groups and the opposition say the Government’s electricity reforms duck structural change, double down on LNG and gas, and offer little relief for soaring power prices – warning of an “expensive white elephant", deeper energy poverty and a missed chance to scale renewables.
