Topics tagged with 'NZ ETS'
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.
Carbon at $24 puts pressure on Government
16 Aug 2018
Carbon prices have smashed through the $24 barrier for the first time in nearly a decade of carbon trading in New Zealand, increasing pressure on the Government to lift the $25 price cap.
Lift carbon cap to $30 immediately, says broker
15 Aug 2018
The Government is being told to take the brakes off the carbon market and immediately lift the maximum price to $30 a tonne.
Farmers want clear carbon price guides
15 Aug 2018
Farmers want to know what range carbon prices will be over five-year periods, the Farm Forestry Association says.
At last, a handy guide to the ETS
15 Aug 2018
Settling down to make a submission on the latest review of the Emissions Trading Scheme and need a hand?
No floor, but expect early action on carbon prices
14 Aug 2018
The Government might intervene in the market to lift carbon prices before 2020, but it has no plan to introduce a price floor.
At last, a new deal on the table for forestry
14 Aug 2018
The Government has finally unveiled its proposals for changing the way forestry is treated under the Emissions Trading Scheme – including a proposal for new permanent forestry provisions.
Heavy hitters bank more from free carbon credits
13 Aug 2018
The phasing out of the one-for-two carbon subsidy saw a big jump in the number of free carbon credits given to heavy industries last year.
New figures show emitters opting for arbitrage
10 Aug 2018
Emitters appear to be starting to arbitrage the Emissions Trading Scheme.
Businesses reluctant to factor in carbon prices
9 Aug 2018
Carbon prices rarely influence businesses’ decisions to install energy-efficient plant, according to a new report examining the market’s failure to drive down greenhouse gas emissions in the energy sector.
Air New Zealand sees benefits in simplified ETS
2 Aug 2018
More native trees would be planted if the Emissions Trading Scheme were simplified, says Air New Zealand.
Minister silent on arbitrage as prices climb
30 Jul 2018
Climate minister James Shaw isn’t commenting on the risk of arbitrage as carbon prices climb closer to the Government’s artificial price cap.
Taxpayers could be left holding carbon bill
26 Jul 2018
Owners of post-1989 forests due for harvest might be tempted to arbitrage carbon credits, leaving taxpayers with the bill and driving liquidity out of the carbon market.
Parties eye early start to zero-carbon talks
23 Jul 2018
Cross-party talks on the Zero Carbon Bill could be under way within a month.
Shaw applauds China's work on climate change
20 Jul 2018
China’s action on climate change makes New Zealand look like its “pussy-footing around”, says climate minister James Shaw.
Latest ETS review kicks off next month
18 Jul 2018
Consultation on the next review of the Emissions Trading Scheme will start next month.
Farmers like the idea of opting in to ETS
12 Jul 2018
Farmers could be interested into opting into the Emissions Trading Scheme – if the settings are right.
Let farmers opt in to ETS, says regional council
11 Jul 2018
Farmers should be able to opt into the Emissions Trading Scheme so they can get credit for introducing climate-friendly practices, says the Greater Wellington Regional Council.
We can use organic waste, says landfill operator
29 Jun 2018
Keeping organic waste out of rubbish dumps will double its carbon footprint and deny the country an important source of renewable energy, says the country’s largest landfill operator.
Don't bet on the future of our cars being electric
27 Jun 2018
The future of low-emissions transport is not necessarily electric, car makers are telling the Government.
OPINION: If energy grew on trees
20 Jun 2018
By JONATHAN McKEOWN | It is always refreshing when structures and processes work as they were designed to. It’s an absolute triumph when it involves the public sector, an industry body and business.
History says Bridges and Nats are talking hot air
18 Jun 2018
By publisher ADELIA HALLETT | Is Opposition Leader Simon Bridges’ offer to work with the Government on climate change policy worth any more than a dodgy hot-air carbon credit?
SIMON SAYS: We'll work for sensible solutions
15 Jun 2018
The National Party says it will work with the Government to establish a climate change commission.
Trust ticks off benefits of higher carbon prices
14 Jun 2018
Carbon prices of $50 to $350 a tonne by 2020 will drive investments in low-emissions development of Maori land, creating jobs and alleviating poverty along the way, the Government is being told.
At last, we get to see proposed ETS forestry rules
11 Jun 2018
The Government has finally released some of its proposed changes to the Emissions Trading Scheme’s forestry rules – but the sector won’t see the rest until the end of the year.
Government hears of $800 carbon price possibility
7 Jun 2018
Carbon prices of more than $800 a tonne will be needed if New Zealand doesn’t tackle greenhouse gas emissions from agriculture, the Government has been told.
TIME'S UP: It's Surrender Day for carbon emitters
31 May 2018
Today is Emissions Trading Scheme Surrender Day – the last day for emitters to surrender units to cover their emissions last year.
Shaw set to talk carbon markets in China
29 May 2018
Climate minister James Shaw is to visit the world’s largest carbon market – China.
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.
Media round-up
Fri 24 Apr 2026
In our round-up of climate coverage in local media: What is the real cost of storm-hit infrastructure? Urgency is needed over climate adaptation funding; and a community conservation group has won a legal victory against multinational mining company OceanaGold.
Coal-to-urea plan ‘extremely unlikely’ to be zero carbon
Today 11:15am
By Liz Kivi | A plan to turn Southland coal into nitrogen fertiliser is extremely unlikely “if not impossible” to be net zero, despite the claims of the Australian company applying to fast-track it, says sustainable energy expert Ralph Sims.
$30m airline fund risks ‘burning public money’ without lasting benefit – expert
20 Mar 2026
By Shannon Morris-Williams | A $30 million government package to support regional air routes risks delivering poor value for money while increasing emissions, according to transport strategist Tim Adriaansen.
Europe has 'maybe six weeks of jet fuel left', energy boss warns
20 Apr 2026
Stocks would reach a tipping point in June if Europe was unable to replace at least half of its imports from the Middle East, the organisation said in a report this week.
Biodiversity plan heavy on talk, light on action, expert warns
Fri 24 Apr 2026
By Shannon Morris-Williams | A newly released government biodiversity implementation plan has been criticised for lacking practical action, with one expert saying it focuses too heavily on discussion and data gathering rather than delivering results on the ground.
Burning wood for power worse for climate than gas equivalent, report finds
21 Apr 2026
Research casts doubt on plans by the UK government to offer subsidies for carbon capture attached to the power source.
Forest & Bird warns Emissions Trading Scheme ‘failing’
Today 11:15am
New advice from the Climate Change Commission shows that New Zealand’s main climate policy tool is broken and at risk of collapse without urgent action to cut gross emissions, according to environmental advocates Forest & Bird.
Fossil fuel phaseout talks begin with half the global economy
Today 11:15am
The world’s first fossil fuel phaseout conference has begun in Santa Marta, Colombia, with 57 countries representing more than half of global GDP, 30% of the world’s population and 20% of global fossil fuel production.
Carbon ‘stockpile’ up 9 million in March quarter
10 Apr 2026
By Liz Kivi | The ‘stockpile’ of pollution permits (NZUs) in private accounts has increased by just over 9 million to almost 145 million since the end of 2025, according to the latest figures from the Environmental Protection Authority.
Victorian Hydrogen announces Southland urea fertiliser project using coal
Wed 22 Apr 2026
By Liz Kivi | Australian-based Victorian Hydrogen has announced it is developing a new 1.5 million-tonne-a-year urea fertiliser operation in Southland, which it will apply for under fast-track legislation.
Supply-side pressures and political uncertainty ahead for carbon market
7 Apr 2026
By Kristen Green | ANALYSIS: With failed auctions, a surge of new forestry registrations, and an election a few months away, the NZ ETS in 2026 will be subject to a mix of supply-side pressures and political uncertainty.
Latest emissions inventory: ‘Something has gone very wrong’
16 Apr 2026
By Liz Kivi | New Zealand’s greenhouse gas emissions in 2024 decreased by just 0.1% compared to 2023, in what an expert says is a “terrible result”, compared to faster progress in previous years.
What Magyar’s defeat of Orbán in Hungary means for climate and energy
21 Apr 2026
Hungary has played a disproportionate role in EU climate and energy policy in recent years, by repeatedly vetoing climate action and by delaying the phaseout of Russian fossil-fuel imports.
Commission advises no change to ETS settings but warns Govt of looming risks
Fri 24 Apr 2026
By Liz Kivi | The Climate Change Commission is warning the Government of a possible shortfall of Emissions Trading Scheme units by the late 2020s and says the scheme will struggle to provide an investment signal by the mid-2030s.
The Iran war has the world buying more clean energy. China stands to benefit the most
Today 11:15am
The war in Iran has sent oil-starved countries scrambling for fuel. Many are opting for energy alternatives — and turning to the renewables king of the planet: China.
Environmental groups call for ETS reform
20 Feb 2026
Several environmental organisations are calling on political parties to make climate and biodiversity central to the 2026 election campaign, with reforming the Emissions Trading Scheme seen as a key priority.
Northland community climate resilience fund faces massive demand
Fri 24 Apr 2026
By Susan Botting, Local Democracy Reporter | A three‑year‑old ratepayer-funded Northland Regional Council community climate resilience fund is experiencing strong demand, with to date around five times more money sought than is available.
Transport dominates NZ’s rising consumer emissions
10 Dec 2025
By Shannon Morris-Williams | Transport pollution was the biggest contributor to an increase in New Zealand’s consumption-based emissions in 2023, with emissions from household travel up 12%, and consumption-based emissions totalling 58.3 million tonnes – up 1.6% from the previous year.
NZ cleantech could match forests in emissions cuts – but funding gap looms
Wed 22 Apr 2026
By Shannon Morris-Williams | A handful of New Zealand cleantech startups could cut global emissions by 19.2 million tonnes a year by 2030, but a lack of capital is threatening to slow their scale-up, a new report shows.
Going concern status flags depth of Methanex NZ's gas crisis
21 Apr 2026
Methanex's New Zealand operation is relying on financial support from its Canadian parent to remain a going concern after a second consecutive year of asset impairments left the business with negative equity.
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.”
Green Party calls for national electrification plan
20 Apr 2026
By Liz Kivi | The Green Party is calling for a national plan to electrify homes, transport and industry using renewable energy, to reduce fossil fuel dependence in response to the Middle East crisis.
Self-interest should drive investment in overseas climate action, says former climate commissioner
13 Apr 2026
By Liz Kivi | Wealthy countries – including New Zealand – aren’t doing nearly enough to fund climate mitigation in the developing world, with new research saying we need to "change the conversation" to spark action in this vital area.
Fonterra admits ‘100% grass-fed’ claim breached law in greenwashing row
2 Apr 2026
By Shannon Morris-Williams | Fonterra has admitted its “100% New Zealand grass-fed” claims on Anchor butter were misleading and breached the law, settling a case brought by Greenpeace Aotearoa over packaging used between December 2023 and April 2025.
Mercury signs major hydro upgrade programme with ANDRITZ
Thu 23 Apr 2026
Media release | Mercury has signed a contract with international technology group ANDRITZ as part of a $590 million upgrade of three of the nine hydro stations on the Waikato River.
NZ prepares to join ‘gold rush’ for white hydrogen
25 Mar 2026
By Pattrick Smellie | New Zealand may be close to commercialising the capture and use of naturally occurring ‘white’ hydrogen, with investment plans for developments in the Wairarapa region picking up pace in response to spiralling oil prices.
Storms hitting New Zealand every eight days
Thu 23 Apr 2026
By Shannon Morris-Williams | Storms are now striking New Zealand nearly every week, with new data showing a sharp rise in frequency and intensity as the country reels from repeated flooding and extreme weather events.
Climate law change spanner in the works for Waitangi Tribunal Inquiry
19 Dec 2025
By Liz Kivi | The Government’s controversial changes to New Zealand’s legal framework for climate policy have thrown a spanner in the works for a long-running Waitangi Tribunal Inquiry into climate change.
Environmental groups sue Trump administration over approval of new ultra deep-water drilling project
Thu 23 Apr 2026
Environmental groups sued the Trump administration on Monday over its approval last month of oil company BP’s ultra deep-water drilling project in the Gulf of Mexico.
Tehran will never cede control of Strait of Hormuz, senior Iranian politician tells BBC
21 Apr 2026
"Never." That's when a senior Iranian lawmaker says they'll be ready to give up their control of the Strait of Hormuz.
Climate risks could reshape business finances, new guidance warns
15 Apr 2026
By Shannon Morris-Williams | New guidance warns climate change is set to fundamentally reshape financial outcomes for businesses, including difficult-to-model climate “tipping points” – irreversible changes such as ice sheet collapse or ocean circulation shifts – which threaten severe and sudden financial impacts.
Climate pollution static but NZ still on track for first emissions budget, says MfE
17 Apr 2026
By Liz Kivi | New Zealand is still on track to meet its first emissions budget, according to the Ministry for the Environment, despite the pace of emissions reductions slowing to a standstill.
Announcements expected soon on $200M gas fund
Fri 24 Apr 2026
By Pattrick Smellie | Fossil fuel companies appear likely to take up a $200 million government fund to encourage additional oil and gas exploration, dashing lobbyist Business New Zealand’s hopes that it might be repurposed to underwrite industrial electrification.
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.
Pacific Islands call for fossil fuel phase-out, NZ hangs back
Thu 23 Apr 2026
By Liz Kivi | Pacific Islands nations have launched a landmark declaration for a Fossil Fuel Free Pacific, calling for a Fossil Fuel Treaty and urgent phase-out of fossil fuels, however New Zealand isn’t rushing to join the call.
Kiwis overly optimistic about state of environment
27 Feb 2026
By Shannon Morris-Williams | New research suggests many New Zealanders believe the environment is in better shape than it really is, with public perceptions often out of step with scientific evidence.
‘They pushed so many lies about recycling’: the fight to stop big oil pumping billions more into plastics
24 Feb 2026
Plastic production has doubled over the last 20 years – and will likely double again. For author Beth Gardiner, metal water bottles and canvas tote bags are not the solution. So what is?
Thousands protest in Germany urging faster shift to renewable energy, amid Iran war
20 Apr 2026
Thousands of people demonstrated across Germany on April 18, urging a faster shift to renewable energy and accusing conservative Chancellor Friedrich Merz’s coalition of putting the brakes on the transition.
China has a new competitor? Kazakhstan reveals huge rare Earth deposit that could power the next tech boom
25 Feb 2026
China’s grip on rare earths might finally see some competition, and the world is already taking notice.
Environment ministry straining under pressure of reforms and potential disestablishment
15 Apr 2026
The ministry responsible for New Zealand’s most significant resource management reform in a generation is doing so under institutional strain, compressed timeframes, and an uncertain future – including its own potential disestablishment.
Timaru’s buses go fully electric
Thu 23 Apr 2026
By Shannon Morris-Williams | Timaru’s bus service is set to go fully electric with the rollout of 10 new vehicles, marking a major step in cutting emissions and advancing Canterbury’s low-carbon public transport network.
The one-million whale climate solution: 6000-mile voyage launches to audit ocean carbon sinks
Today 11:15am
Media release: Pacific Whale Fund | An unprecedented, multi-year ocean expedition launches this week to lay the scientific and legal groundwork for recognising the recovery of whale populations as a vital climate solution across the Pacific.
Media round-up
17 Apr 2026
In our round-up of climate coverage in local media: The fuel crisis is a chance for government to reduce greenhouse gas emissions, what would it take to tap into New Zealand's oceans energy, and which political parties would subsidise your rooftop solar panels?
Carbon trading schemes cut more emissions than carbon taxes, according to global study
20 Mar 2026
By Shannon Morris-Williams | Carbon trading schemes are more effective than carbon taxes at reducing emissions, cutting fossil fuel use, and accelerating the shift to renewable energy, a global study has found.
AI surge gives carbon capture a new push
15 Apr 2026
Technology that captures carbon emissions from power plants may finally get a breakthrough as deep-pocketed tech companies try to meet climate goals while powering the AI race.
Pacific climate response in question as NZ finance remains unclear
19 Dec 2025
By Shannon Morris-Williams | With New Zealand's $1.3 billion international climate finance commitment set to end with no clarity on what follows, the Auditor-General says oversight of that funding remains patchy and long-term outcomes are unclear.
Electric car sales soar 51% in mainland Europe as Iran war drives up fuel prices
Wed 22 Apr 2026
Buyers’ interest in electric cars has risen across Europe since the start of the war in Iran in late February, as the rising cost of petrol highlights the cheaper power available from a plug.
India walked away from its bid to host COP33 – here's why
16 Apr 2026
India has quietly abandoned its bid to host the UN's top-tier climate conference COP33, marking a shift from PM Narendra Modi's pledge in 2023. Experts and analysts explore what's behind the decision.
Infrastructure plan calls for ‘predictable approach’ to electrifying economy
18 Feb 2026
Aotearoa’s first National Infrastructure Plan, introduced to Parliament yesterday, calls for "a predictable approach to electrifying the economy" as one of ten priorities for the next decade.
Extreme weather in Wellington ‘a different beast’
21 Apr 2026
By Liz Kivi | Climate scientist Luke Harrington says the small-scale but intense floods which have slammed the capital in recent days are the kind that intensify most rapidly in a warming climate – and are the hardest to predict.
Scientists forecast wildfire risk for species survival under climate change
Fri 24 Apr 2026
A new study warns climate change could increase the global area susceptible to wildfires in the future, putting many more species at risk than today.
Record 165 GW of wind power capacity added in 2025, led by China, report says
Wed 22 Apr 2026
The global wind industry installed a record 165 gigawatts of new capacity last year, up 40% from 2024 and mostly driven by China, a report by the Global Wind Energy Council said, adding this still lagged the pace needed to hit a key climate goal.
