Topics tagged with 'NZ ETS'
EU trade deal could include carbon trading
24 May 2018
Linking New Zealand’s carbon market to the European Emissions Trading Scheme could be part of a new free-trade deal.
CCC bill points to cost of carbon-free economy
22 May 2018
The bureaucratic costs of shifting to a carbon-free economy are starting to be felt.
Tax system must go green, says enviro group
17 May 2018
Another organisation is telling the Government to shift the tax burden from the production of private wealth to the consumption of public wealth, aka the environment.
Use taxes for a better world, says thinktank
14 May 2018
Taxes should be aiming at keeping human activity within the planet’s physical capacity – and that means carbon prices that deliver fast, deep and sustained emissions reductions, the Government’s Tax Working Group has been told.
Fonterra front and centre of dairy industry review
9 May 2018
The Government’s overhaul of the climate-damaging dairy industry is under way.
Parker's new-look RMA might include climate
3 May 2018
New Zealand's resource management regime is to be overhauled – and it could mean the climate ramifications of projects are again taken into account.
Open up carbon capture rules, says Prod Com
3 May 2018
All carbon capture and storage in New Zealand should qualify for credits under the Emissions Trading Scheme – no matter where the carbon comes from, the Productivity Commission says.
Global markets and agriculture our Bonn targets
2 May 2018
Access to international carbon markets and getting the rest of the world to cut emissions from agriculture are two of New Zealand’s negotiating priorities at international climate talks this week.
PROD COM REPORT: Keep the ETS ... with changes
27 Apr 2018
New Zealand should keep the Emissions Trading Scheme, but it should include agricultural emissions and subsidises for heavy emitters should go, the Productivity Commission says.
PROD COM REPORT: Farmland into forests
27 Apr 2018
New Zealand might need to convert more than three million hectares of farmland into forests to meet its emissions targets, the Productivity Commission says.
PROD COM REPORT: Nats to take a look
27 Apr 2018
The Productivity Commission’s draft report will be high on the agenda for the National Party’s Bluegreens forum in Christchurch this weekend.
We're getting more worried about climate change
26 Apr 2018
New Zealanders are more worried about climate change than they have been for six years.
Government on global hunt for carbon credits
24 Apr 2018
The Government is locating sources of international units that could be used to meet New Zealand’s international climate obligations – but hasn’t decided yet whether to use them.
August date for public to have say on Shaw's ETS
18 Apr 2018
A new review of the Emissions Trading Scheme will be open for public consultation in August.
Govt announces body to steer climate transition
17 Apr 2018
The interim climate commission has just been announced.
Act now, says report, or watch carbon price rocket
4 Apr 2018
Carbon prices could hit $145 a tonne by 2050 if New Zealand delays decarbonising the economy, a new report warns.
PARKER POWER: The key is bringing it all together
3 Apr 2018
Environment minister David Parker says if you want to get his measure, look at the America’s Cup deal he’s just done.
Here's why we need a carbon price cap of $100
29 Mar 2018
An immediate carbon price cap of $100 a tonne and a $25 price floor is needed if New Zealand is to be carbon-neutral by 2050, says former Environment Secretary Dr Roger Blakeley.
Sign here for a once-in-10-years deal
29 Mar 2018
To mark 10 years of publishing, Carbon News is offering a special subscription rate.
Minister quiet on talks with big emitters
27 Mar 2018
Climate minister James Shaw is meeting with some of the country’s biggest industrial emitters – but isn’t saying what they’re discussing.
Carbon capture permits a no-go, says Shaw
26 Mar 2018
Climate minister James Shaw says he wants to cut New Zealand’s use of fossil fuels, not give the sector carbon credits.
Sign here for a once-in-10-years deal
22 Mar 2018
To mark 10 years of publishing, Carbon News is offering a special subscription rate.
Oil explorer wants credits for carbon capture
21 Mar 2018
New Zealand’s largest oil and gas exploration company wants carbon credits for capturing and storing emissions from fossil fuel production – and says it’s viable at a carbon price of just $18 a tonne.
Sign here for a once-in-10-years deal
21 Mar 2018
To mark 10 years of publishing, Carbon News is offering a special subscription rate.
It happened 10 years ago ...
20 Mar 2018
National Party climate spokesman Nick Smith was talking about an integrated carbon market with Australia, while his boss, then-Opposition leader John Key, was backing the Emissions Trading Scheme.
Ten years on, we're back where we began
19 Mar 2018
By publisher ADELIA HALLETT | When it comes to action on climate change, we’re pretty much back to where we were 10 years ago, when Carbon News started publishing.
Climate commission's job to advise, says Upton
7 Mar 2018
The climate commission should make recommendations on the Emissions Trading Scheme and the number of international credits used to meet New Zealand’s targets, but control should stay firmly in the hands of the Government, says new Parliamentary Commissioner for the Environment Simon Upton.
Early days, but Govt is talking to global markets
7 Mar 2018
The Government says it’s not yet formally involved in any moves to link the Emissions Trading Scheme to other markets, but it is talking to them.
Minister aware of risk in delaying price cap rise
6 Mar 2018
The Government knows delaying lifting the carbon price cap could cost taxpayers money, but says it is unlikely to move until next year.
NZ still sets the pace in world of trading schemes
1 Mar 2018
Fifteen per cent of global greenhouse gas emissions are now covered by trading schemes.
Z aims for A-plus in transition to new energy
28 Feb 2018
Mike Bennetts is determined his company, Z Energy, will not have a Kodak moment.
OPINION: Biofuels not easy, but worth the effort
27 Feb 2018
Biofuels, liquid and gaseous, will have a role to play in moving towards net zero greenhouse gas emissions by around mid-century in both New Zealand and globally, says Professor Ralph Sims.
OPINION: We should adopt the 'easy win' way
22 Feb 2018
Government officials appear to be putting more effort into working out how to purchase international carbon credits than into reducing the country’s greenhouse gas emissions, says Bioenergy Association chief executive Brian Cox.
NZ could do good carbon deal now, says trader
20 Feb 2018
The Government could hedge against its $10 billion future carbon bill now – with a money-back guarantee, says carbon trader Nigel Brunel.
Officials look for 'best way' global ETS links
19 Feb 2018
Officials are working on linking the Emissions Trading Scheme to schemes in other countries, saying it’s the best way to secure the international carbon units New Zealand will need to meet its 2030 emissions reduction target.
Raise cap or pay the price, warns ETS pioneer
15 Feb 2018
Taxpayers could get a hefty carbon bill if the Government doesn’t urgently lift the carbon price cap, a gathering of Emissions Trading Scheme experts has heard.
Neoliberalism not way, says environment report
12 Feb 2018
Neoliberalism is failing to protect New Zealand’s environment, warns a new paper on the future of environmental law.
Emitters can keep stashed free carbon credits
9 Feb 2018
Trade-exposed heavy emitters sitting on free NZUs from taxpayers will be able to keep using them - even if they did contribute to New Zealand’s embarrassing “dodgy credits” incident.
We'll soon feel the effects of China's market
8 Feb 2018
China’s new carbon market will have a profound impact on electricity companies, says Standard & Poors.
Maori landowners oppose delay in ETS changes
2 Feb 2018
Changes to the Emissions Trading Scheme are needed now, not at the end of next year, if the Government wants Maori land owners to plant carbon-sequestering forests, says a specialist in climate change and Maori development.
Shaw puts ETS on ice until end of next year
23 Jan 2018
Any further changes to the Emissions Trading Scheme – including getting rid of free credits to heavy emitters and changing forestry rules – will not be made until the end of next year, the Government says.
One-for-two subsidy enters its dying days
22 Jan 2018
New Zealand’s one-for-two carbon subsidy is almost gone.
Policies will begin to bite down on the farm
22 Jan 2018
Government policies – including the Emissions Trading Scheme - are expected to start making a dent in New Zealand’s agricultural emissions over the next 12 years.
This time, climate officials hope for a bit more action
13 Dec 2017
In late 2015, officials gave new climate minister Paula Bennett as list of five things they thought should be done over the next two years.
Climate commission will look at farm emissions
12 Dec 2017
Climate minister James Shaw says the new climate commission will play a role in dealing with agricultural greenhouse gas emissions.
NZ has 'reckless' plan for global carbon-trading
11 Dec 2017
New Zealand's approach to negotiating carbon-trading relationships with other countries is drawing fire.
HUSH-HUSH: Officials want lid on global-market talk
8 Dec 2017
Officials are working on getting New Zealand access to international carbon markets when they develop – but they don’t want their activities made public.
The trick is reading farmers' minds, says scientist
6 Dec 2017
Understanding why farmers are not taking advantage of ways to make more money while cutting greenhouse gas emissions is critical to getting New Zealand’s emissions down, says a leading scientist.
SHAW THING: Business needs to get into gear
4 Dec 2017
New climate minister James Shaw has a clear message for business: get your house in order because New Zealand is decarbonising ... fast.
Climate commission might have carbon price role
30 Nov 2017
The climate commission – one of the Government’s promises for its first 100 days in office – is likely to play a role in setting carbon prices, the new climate minister 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.
