Topics tagged with 'NZ ETS'
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.
Dairying sees green as the new colour of business
22 Nov 2017
Climate change and other environmental risks now rank higher than economic issues in the minds of business and political leaders, according to a new report by New Zealand’s dairy industry.
AirNZ eyes paying landowners to plant trees
22 Nov 2017
Air New Zealand wants to set up a private afforestation scheme under the Emissions Trading Scheme to offset some of its greenhouse gas emissions.
Broker backs hedging with European units
20 Nov 2017
Entities with future carbon liabilities should be thinking about hedging with European units – and that includes the country itself, says a leading carbon broker.
Papers show official eyes on cutting free credits
16 Nov 2017
Government officials have looked at cutting the allocation of free credits to some industrial emitters by between 1 per cent and 3 per cent a year.
Shaw might clear our name over dodgy credits
14 Nov 2017
New Zealand might yet come good on the issue of dodgy carbon credits.
Carbon pricing essential, says Energy Minister
10 Nov 2017
The new energy minister expects carbon to be priced into all energy projects.
ETS changes win us an award at Bonn talks
10 Nov 2017
Changes to the Emissions Trading Scheme have won New Zealand a Carbon Pricing Champion Award at international climate negotiations in Bonn.
Carbon on a new six-year high
6 Nov 2017
New Zealand carbon has finally burst through the $19 barrier, after hovering teasingly below the mark since October's general election.
The other China that wants to lead on climate change
6 Nov 2017
By PATTRICK SMELLIE | As international delegations descend on Bonn for the November 6-17 annual global climate change summit, spare a thought for the other country that calls itself China but, instead of claiming a leadership position in the global debate, is shut out on the sidelines.
How Bennett toyed with cross-party climate move
1 Nov 2017
Former climate minister Paula Bennett sought advice on forming a cross-party agreement on climate change.
Emissions failure will hurt NZ farmers, warns Fonterra
31 Oct 2017
A global failure to cut greenhouse gas emissions will see New Zealand farmers face demands for major production cuts, the world’s largest milk-processor is warning.
Get ETS working, say superfund guardians
30 Oct 2017
New Zealand cannot afford an Emissions Trading Scheme that doesn’t work, say the guardians of the $36.4 billion New Zealand Superannuation Fund - and that means bringing the agricultural sector into the scheme.
Government planting target OK, say forest owners
27 Oct 2017
The Government’s plan to plant an extra 50,000 hectares of new forest a year is “optimistic but achievable”, say forest owners.
Carbon price set to break through $19 mark
24 Oct 2017
Carbon looks set to break the $19 barrier today as the market adjusts to a new government with more ambition to address climate change.
Emissions register ready to take on water trading
18 Oct 2017
New Zealand’s Emissions Trading Register is ready to trade in other “environmental commodities” such as water.
MEMO MPs: The country needs a climate commission
12 Oct 2017
Politicians negotiating to form a new government have again been told that action on climate change is a priority for business and society.
Why we need a carbon price of $100 ... or more
5 Oct 2017
Carbon prices of $100 a tonne - and possibly as high as $225 – are being foreshadowed in a new report.
Plant pines on public land, says Bluegreens chief
4 Oct 2017
The head of the National Party’s Bluegreens policy advisory group says pine trees should be planted on Department of Conservation land to offset New Zealand’s greenhouse gas emissions.
Dairy group backs big climate change targets
3 Oct 2017
A dairy industry group supports carbon budgeting and the concept of a climate commission, and says New Zealand should be carbon neutral.
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.
