Topics tagged with 'NZ ETS'
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.
Carbon credits key to finding project capital
27 Sep 2017
Issuing carbon credits for schemes that cut greenhouse gas emissions could tip the balance in favour of projects like public transport, a consultant says.
WINSTON'S THE WORD: What NZ First leader wants
25 Sep 2017
A party which has vowed to get rid of the Emissions Trading Scheme now holds the balance of power in New Zealand’s Parliament.
Nat turns up to debate and makes lone stand
20 Sep 2017
All political parties except National told an audience in Auckland last night that they rank climate change as the biggest issue they face.
TAX OR TRADE?: It doesn't make much difference
19 Sep 2017
Ditching the Emissions Trading Scheme in favour of a carbon tax will not solve New Zealand’s emissions woes, a new report says.
United Future backs emissions trading
18 Sep 2017
United Future’s new leader says he supports the Emissions Trading Scheme, the Zero Carbon Act and wants New Zealand to be carbon netural by 2050.
Climate-change baddies doing business in NZ
14 Sep 2017
Companies operating in New Zealand have been named as some of the most obstructive to global action on climate change.
Coalition candidates want to rid us of ETS
11 Sep 2017
Two of the parties that could be involved in any centre-left coalition after the election want to scrap the Emissions Trading Scheme.
What Morgan would have said ... if he'd had the chance
11 Sep 2017
The refusal by TVNZ to include The Opportunities Party in televised election debates does the public a disservice.
High land prices key blocker to forest planting
7 Sep 2017
New Zealand won’t get more carbon-sequestering forests until land prices fall.
CLIMATE CASE: National happy the way things are
6 Sep 2017
National is taking a business-as-usual approach to climate policy, warning that Labour and the Greens would go too far if they got into government.
NZ backs global carbon markets cooperation
5 Sep 2017
New Zealand has signed a statement calling for renewed co-operation on carbon markets.
THE COUNT: Peters outpaces Ardern
4 Sep 2017
New Zealand First leader Winston Peters has pulled ahead of Labour leader Jacinda Ardern in The Count, but the Greens’ James Shaw is looking unassailable.
NZ backs global climate research project
30 Aug 2017
New Zealand is supporting a new $400,000 scholarship programme to build global expertise on climate change and food security.
What the parties say about climate change
29 Aug 2017
Three-and-a-bit weeks out from the general election, what do we know about the parties’ approach to climate change?
IN THEIR OWN WORDS 2: Renewable energy.
25 Aug 2017
What will the political parties vying to run our country do about renewable energy?
Researchers to probe rich options for Maori land
23 Aug 2017
Rising carbon prices mean carbon farming, backed by manuka honey production, is becoming a viable use of Maori land, says the head of a Ruatoria charitable company.
TAXING OR TRADING: Which way should we go?
22 Aug 2017
Is taxing or trading the best way to get New Zealand’s emissions down?
FREE CREDITS: And the winner is NZ Steel
15 Aug 2017
New Zealand Steel is once again the big winner in the Government’s allocation of free carbon credits to industrial emitters.
GASES ARE GO: Our emissions on the rise again
11 Aug 2017
New Zealand’s reported greenhouse gas emissions are on the rise again, new figures show.
Emissions group to probe lack of carbon cap
10 Aug 2017
New Zealand’s lack of a carbon cap is one of the issues on the table for the Productivity Commission.
Nature deserves legal rights, say Greens
10 Aug 2017
A Green government would give nature legal recognition.
Emissions group might branch into ETS
9 Aug 2017
The Productivity Commission could recommend changes to the Emissions Trading Scheme.
MORGAN MESSAGE: Use ETS profits to fix rental homes
7 Aug 2017
Profits from a rejigged Emissions Trading Scheme would be used to insulate and improve heating in rental housing under a Gareth Morgan-influenced government.
PICKY PROBLEM: What makes a carbon forest?
3 Aug 2017
The regeneration of vast areas of carbon-storing native forests is being hampered by “pickiness” over the definition of carbon forests.
Foresters fine, but the ETS has some problems
2 Aug 2017
The forestry sector has behaved rationally in response to the Emissions Trading Scheme - but the scheme itself hasn’t always been rational, a new analysis shows.
ETS changes of little help, say foresters
1 Aug 2017
The Government’s latest changes to the Emissions Trading Scheme will do nothing to get more trees in the ground, the forestry sector says.
THE COUNT: At last, a leader talks climate policy
31 Jul 2017
Seven weeks out from the general election, we’ve finally got a political leader talking climate change policy – and it’s Winston Peters.
ETS CHANGES: Good news and bad news
27 Jul 2017
The latest changes to the Emissions Trading Scheme have met with mixed reactions.
Govt acts on auctioning and international units
26 Jul 2017
The $25 price cap is staying for now, but the importation of international units will be restricted when the New Zealand carbon market opens to the world again, the Government has just announced.
Environment officials quiet on new coal mines
24 Jul 2017
The Ministry for the Environment has given the Government no advice on the climate implications of developing 13 new coal mines.
Busy ministry delays work on emissions planning
20 Jul 2017
Planning to cut New Zealand’s greenhouse gas emissions in line with the country’s Paris Agreement commitments has been delayed because of the Ministry for the Environment’s heavy workload, confidential papers show.
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.
