Topics tagged with 'NZ ETS'
Carbon price fall springs $100m surprise
7 Apr 2017
A fall in the price of carbon has left the Government with a smaller-than-expected liability on its books.
Politicians go face-to-face with environment facts
6 Apr 2017
The state of New Zealand’s environment is on the agenda for the country’s politicians today.
SIMON UPTON: Credits, caps and cross-party deals
3 Apr 2017
The man likely to be the next Parliamentary Commissioner for the Environment says there might not be enough international carbon credits available to meet New Zealand’s Paris Agreement targets.
Officials have mid-year date with ETS changes
30 Mar 2017
Officials will report to the Government in the middle of the year on the next round of changes to the Emissions Trading Scheme.
Farmers join in as landowners return to planting
29 Mar 2017
Landowners are planting forests again – and farmers looking to offset emissions appear to be among them.
NZ and China shake on Asia-Pacific carbon market
28 Mar 2017
New Zealand and China are to work together on developing an Asia-Pacific carbon market, and will double-team over the way agriculture is treated in international climate negotiations.
Minister hints at cross-party work on climate change
22 Mar 2017
New Zealand has received the strongest indication yet of cross-party agreement on climate change, with climate minister and deputy prime minister Paula Bennett saying she can work with a new far-reaching report on how the country can be carbon-neutral.
OECD REPORT: We need price on agricultural emissions
21 Mar 2017
The OECD says New Zealand needs to put a price on greenhouse gases from the agricultural sector.
NZ-China work on links despite carbon tax talk
17 Mar 2017
Work on developing carbon-trading links between New Zealand and China is continuing, despite a report this week that China might go to a carbon tax instead of a national emissions trading scheme.
Morganists want new approach to controls on farming
10 Mar 2017
The Opportunities Party would put a cap on New Zealand’s greenhouse gas emissions, get rid of the $25 carbon price cap and free credits for heavy emitters and bring some agricultural emissions into the Emissions Trading Scheme.
ENERGY REPORT: Great ideas but they're not happening
2 Mar 2017
New Zealand’s own scientists’ advice – that the country must move urgently to a low-carbon energy system – has been endorsed by the International Energy Agency, albeit in a sanitised way.
Our environment image at risk, says global agency
1 Mar 2017
New Zealand risks damaging its clean-and-green reputation by failing to cut its greenhouse gas emissions, the International Energy Agency warns.
Europe takes tough line on shipping emissions
27 Feb 2017
The European Parliament has lost patience with shipping industry inaction over climate change and has outlined plans to include vessels in its Emissions Trading System.
Farmers want action on land use and tree planting
23 Feb 2017
Farmers want research into alternative land uses to help them to cope with climate change, and greater incentives to plant carbon-storing trees on their farms.
Bennett talks 'range of issues' with China climate envoy
20 Feb 2017
New Zealand and China have held their first ministerial meeting under the bilateral carbon agreement.
Treasury wants a word about carbon exposure
16 Feb 2017
A little of Treasury’s thinking on how to protect the economy from carbon exposure has been revealed – including a hint that it wants to talk to the business community.
University report slams Government energy policies
15 Feb 2017
The Government’s energy policies take a battering in new research from Otago University.
Relying on foreign credits dangerous, say officials
9 Feb 2017
New Zealand cannot rely on international carbon credits to meet its emissions reductions targets after 2030, officials have told the Government, warning that credits could be expensive and in short supply.
Include farming in ETS, says former climate envoy
3 Feb 2017
Our former climate ambassador says that agriculture should be brought into the Emissions Trading Scheme – even if it is treated differently.
Linking carbon market would be a clever move
1 Feb 2017
New Zealand could cut the cost of meeting its international emissions reductions targets by linking its carbon market to emerging markets in Asia.
Mexico works on setting up emissions trading
27 Jan 2017
Mexico is drawing on international business experience to develop the country’s emissions trading scheme.
Emissions rules unfair, say coastal ship operators
26 Jan 2017
New Zealand shipping companies say it is unfair they are paying for their greenhouse gas emissions but international companies competing with them on coastal routes are not.
Bennett stands alone in climate change portfolio
19 Dec 2016
The climate portfolio is now held by the deputy prime minister – the highest ranking it has ever had in New Zealand.
New emissions reduction plan business as usual
15 Dec 2016
The Government’s plan to cut the emissions intensity from industrial heat generation by 1 per cent a year is just business as usual, and will do little to achieve New Zealand’s Paris Agreement commitment.
ZERO EMISSIONS: Study will show us how to do it
9 Dec 2016
An international economist is in New Zealand preparing a report on how the country can cut all greenhouse gas emissions by 2050.
Anxious investors plead for clear climate policy
6 Dec 2016
Australian investors want clear climate policy that delivers certainty – and access to international carbon markets, says the Investor Group on Climate Change.
NZ signs up with global carbon pricing group
2 Dec 2016
New Zealand has joined a World Bank group promoting carbon pricing.
Trading group hails EU climate strategy move
2 Dec 2016
The European Commission’s Winter Package is a further step toward harmonising the bloc’s climate and energy strategy, says the International Emissions Trading Association.
Households cut emissions by 11%, says report
30 Nov 2016
The average New Zealand household’s emissions fell 11 per cent between 2006 and 2012, new research shows.
NZ goes shopping for Paris pact carbon credits
25 Nov 2016
New Zealand has started talking to countries about supplying carbon credits to help to meet its Paris Agreement emissions reduction pledge.
Bennett's new climate think-tank has work deadline
23 Nov 2016
A first report on how New Zealand can adapt to climate change – including environmentally sustainable economic growth - should be with the Government by May.
It's going well, says PM, as we pick up another fossil award
18 Nov 2016
The Prime Minister says the Emissions Trading Scheme is operating “pretty well”.
NZ eyes buying 80% international credits to meet target
17 Nov 2016
New Zealand might buy international carbon credits to meet 80 per cent of its Paris Agreement emissions reduction commitment, a Government paper shows.
MARRAKECH MESSAGE: We've got enough clean credits
16 Nov 2016
New Zealand is likely to use 38.1 million tonnes of its surplus carbon credits to meet its next emissions reduction target and will not need access to international markets, climate change talks in Morocco have heard.
KYOTO QUERY: Is NZ carbon units stand legal?
11 Nov 2016
New Zealand’s legal ability to use carried-over Kyoto carbon units to meet its 2020 emissions reduction target is being questioned.
PLEASE EXPLAIN: NZ under scrutiny in Marrakech
10 Nov 2016
New Zealand's progress on cutting greenhouse gas emissions will come under international scrutiny at climate talks in Marrakech on Monday.
Hopes rise for solution to forest-split problem
7 Nov 2016
The door is slightly open for the Government to reconsider the contentious pre-1990/post-1989 forestry split under the Emissions Trading Scheme.
NZ wins praise for work in global carbon markets
4 Nov 2016
New Zealand is showing “true leadership” on the development of global carbon markets, a new report says.
EDITORIAL: Welcome to the real world that's Paris
4 Nov 2016
It's Paris Day – the day the Paris Agreement comes into force.
Govt wants to break new ground for tree planting
1 Nov 2016
The Government says it’s working on new ways to get more native and exotic trees in the ground.
Rural capital gains tax could work, says report
31 Oct 2016
A capital gains tax on rural land and letting farmers sell future carbon credits when they plant trees could help New Zealand to cut agricultural emissions, a new paper says.
$2.5b carbon bill hanging over heads of Treelords iwi
27 Oct 2016
The Maori owners of land under the Southern Hemisphere’s largest plantation forest face a potential carbon liability of nearly $2.5 billion – yet have received credits for just a fraction of the carbon stored in the trees.
Border tax could cut emissions, says NZ economist
21 Oct 2016
The US, China and the European Union should bring in border taxes on carbon emissions contained in imported products not already taxed in their countries of origin, according to a former New Zealand cabinet minister.
Millions worth of free credits sit in private accounts
20 Oct 2016
Non-forestry carbon credits worth more than $350 million – many of them given by taxpayers to large industrial emitters – are sitting in private carbon accounts.
Farm emissions report gets nods of approval
20 Oct 2016
Parliamentary Commissioner for the Environment Dr Jan Wright’s report on agricultural greenhouse gas emissions is being well received.
WATCHDOG WISHLIST: How we can ease farm emissions
19 Oct 2016
Vast increases in native and exotic forests, bringing nitrogen fertiliser and some large farms into the Emissions Trading Scheme, and fast-tracking development of a methane vaccine.
Watchdog's farm emissions report out later today
19 Oct 2016
Parliamentary Commissioner for the Environment Dr Jan Wright’s long-awaited report on agricultural greenhouse gas emissions will be released today.
Australian businesses keen to join global carbon trade
18 Oct 2016
AUSTRALIA'S conservative government might have ditched the country’s emissions trading scheme, but businesses across the Tasman still want to get involved in international carbon trading, a survey shows.
Minister hints at setting minimum carbon price
12 Oct 2016
New Zealand could impose a minimum price on carbon.
Australian firms accept role of carbon prices
12 Oct 2016
Most major Australian companies are factoring carbon prices into their budgets, despite the fact the country no longer has a carbon tax or emissions trading scheme.
Empty emergency reserve forces $6.1m flood repair loan
Mon 2 Mar 2026
By Kira Carrington, Local Democracy Reporter | A depleted emergency fund has forced Marlborough to borrow $6.1 million to repair damage from last year's floods.
South Korean farmers sue utility giant KEPCO over climate damage to crops
25 Feb 2026
As harvest season approached last November, farmer Ma Yong-un walked through his apple orchard in southern South Korea with a growing sense of dread.
Air NZ joins Marsden Point SAF project
Tue 3 Mar 2026
By Pattrick Smellie | Air New Zealand has quietly added its name to a consortium exploring the viability of green hydrogen production for sustainable aviation fuel at Channel Infrastructure’s Marsden Point energy hub.
Singapore sets first ever sustainable aviation fuel levy, as Southeast Asia’s fuel industry grows
17 Feb 2026
Flying in and out of Singapore, home to Southeast Asia’s busiest airport, will get slightly more expensive this year as the city state begins imposing a levy of between 75 cents to $32 per ticket to fund sustainable aviation fuel.
World leaders invited to see Pacific climate destruction before COP31
Tue 3 Mar 2026
The leaders and climate ministers of governments around the world will be invited to meetings on the Pacific islands of Fiji, Palau and Tuvalu in the months leading up to the COP31 climate summit in November.
Govt’s own modelling shows LNG leads to higher electricity prices than other solutions
19 Feb 2026
By Christina Hood | COMMENT: According to modelling conducted by Concept Consulting for MBIE, either developing the Tariki gas storage facility or managing electricity demand would deliver lower wholesale electricity prices than the Government’s preferred solution of an LNG import terminal.
Bidders no-show at carbon auction – again
Tue 3 Mar 2026
By Liz Kivi | As predicted, today’s carbon auction yet again failed to attract any bidders, with NZUs currently trading hands on the secondary market at a 35% discount on this year’s auction floor price.
Oil and gas prices jump as conflict escalates
Tue 3 Mar 2026
Oil and gas prices have surged as Iran continues to launch strikes across the Middle East in response to ongoing attacks by the US and Israel.
Carbon auction set to be another non-event
Mon 2 Mar 2026
By Liz Kivi | Tomorrow’s Emissions Trading Scheme auction – the first for 2026 – is set to be a non-event, with secondary market prices more than $25 below this year’s $71 auction floor price.
3,600 times faster: China is shaking up the steel industry
25 Feb 2026
For over a century, making steel meant coal, heat, and hours of waiting. A Chinese research team now reports collapsing that process into just three to six seconds; no coal, near zero emissions, and a vortex lance already moving toward commercial production. The technology is called flash ironmaking, and in February 2026, its implications are still unfolding.
LNG: a rational choice compared to unpalatable alternatives
10 Feb 2026
By Pattrick Smellie | COMMENT: By deciding to underwrite the private construction of a liquefied natural gas import facility in Taranaki, the Government has made a rational choice in favour of energy security and affordability.
Sustainable retail-office project breaks ground under new Green Star framework
19 Feb 2026
Construction is set to begin on a new retail-office development in central Auckland, which is targeting a 40% reduction in embodied carbon and 25% lower energy.
Opposition attacks Govt over fossil fuel phaseout backdown
2 Feb 2026
By Liz Kivi | Revelations that Resources Minister Shane Jones ruled out New Zealand signing up to a 'road map' away from fossil fuels at last year’s global climate summit show the National Party’s minor coalition partners’ undue influence over the Government, according to Labour leader Chris Hipkins.
Italy calls for suspension of EU carbon market
Mon 2 Mar 2026
The Italian Minister said the Emissions Trading System (ETS) has a "perverse effect" and is condemning European companies from being competitive with other countries, urging other member states to back the suspension.
How Trump’s war could destabilize the global energy market
Mon 2 Mar 2026
It starts — but doesn’t end — with the Strait of Hormuz.
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.
Pacific climate advocates welcome pre-COP31 meeting in Fiji and Tuvalu
Fri 27 Feb 2026
Media release – 350.org | Climate advocates across the Pacific will now prepare for the Pre-COP31 meetings in Fiji and Tuvalu, with the Pacific Islands Forum confirming the hosts yesterday.
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.
The 15 foods destroying rainforests, in one simple chart
25 Feb 2026
It’s pretty much impossible to live a life free of environmental harm. But there is one thing you could do immediately that would help the planet a heck of a lot: eat less beef.
Judge orders Greenpeace to pay $345m over Dakota Access pipeline protest
Mon 2 Mar 2026
Greenpeace says the case is far from over after being found liable for defamation and other claims brought by the energy firm.
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.”
New study looks to nature markets to accelerate climate response
18 Feb 2026
The Nature Conservancy is teaming up with local groups to study the most affordable and effective ways of restoring native habitats at the top of the South Island, including ways to fund the work using international voluntary carbon markets and biodiversity credits.
Surviving on Trump's dangerous planet
Mon 2 Mar 2026
COMMENT: Yet another war, and yet another argument for an end to oil.
Claims that AI can help fix climate dismissed as greenwashing
18 Feb 2026
Tech companies are conflating traditional artificial intelligence with generative AI when claiming the energy-hungry technology could help avert climate breakdown, according to a report.
Govt missing opportunity to slash electricity prices, says expert
11 Feb 2026
By Liz Kivi | The Government’s fixation on eliminating the "dry-year risk margin" as a lever to reduce costs misses a much bigger opportunity to lower electricity prices, according to Christina Hood, head of Compass Climate.
Media round-up
13 Feb 2026
In our round-up of climate coverage in local media: Senior UK ministers have asked their New Zealand counterparts to explain new climate policies, National’s LNG blunders are a warning ahead of election campaign, and what are the lessons New Zealand should take from another summer of weather disasters?
Wales council to buy and demolish homes prone to flooding
4 Feb 2026
A row of homes in a village in south Wales is to be bought by a local authority and demolished as they can no longer be protected from flooding caused by the climate crisis.
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.
EDS puts environmental lawmaking under the spotlight
Thu 26 Feb 2026
Media Release |The Environmental Defence Society has launched the first in a series of investigative pieces into how environmental laws are being made in Aotearoa New Zealand.
Climate 'dream team' launches foundation targeting 100 million tonnes in emissions cuts
25 Feb 2026
By Shannon Morris-Williams | The New Zealand Climate Foundation, which has the ambitious aim of cutting 100 million tonnes of greenhouse gas emissions by 2035, had its official launch on Monday.
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.
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.
Kiwis overly optimistic about state of environment
Fri 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.
UN approves first carbon credits under Paris Agreement market mechanism
Fri 27 Feb 2026
The United Nations has approved the first credits to be issued under a carbon market established by the Paris climate accord, aimed at reducing emissions – a mechanism that has faced scrutiny over greenwashing concerns.
Australia-US minerals deal underpinned decision to allow mining company to clear threatened indigenous forest
23 Feb 2026
The Australian government’s decision to allow the US mining giant Alcoa to continue clearing swathes of Western Australian jarrah forest despite past illegal clearing practices was made in part due to a critical minerals deal reached between Australia and the Trump administration last year, a new document shows.
‘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?
Local govt shake-up risks weakened environmental outcomes – Commissioner
Fri 27 Feb 2026
By Shannon Morris-Williams | The Government’s push to simplify local government is "deeply flawed" and has been launched without a clear understanding of which functions must remain regional, according to the Parliamentary Commissioner for the Environment.
UK Greens win by-election as anti-data centre protests mount
Tue 3 Mar 2026
The Green Party's Hannah Spencer won the contest for the vacant parliamentary seat of Gorton and Denton, with Nigel Farage's populist Reform UK party coming second, and Labour pushed into third place.
Media round-up
20 Feb 2026
In our round-up of climate coverage in local media: 'Every tonne matters': The climate scientist who wants to give you hope; Minister says managed retreat is an option; and climate change is here – is New Zealand ready?
Brazil and India agree to boost cooperation on rare earths
24 Feb 2026
Brazil and India sealed a deal Saturday on critical minerals and rare earths, enhancing cooperation on crucial resources between two major countries of the global south as they seek to diversify their trading relationships.
Africa primed for solar breakthrough after record capacity growth
Tue 3 Mar 2026
The continent of Africa looks set to emerge as a key driver of global solar power production over the rest of the 2020s thanks to a potent mix of policy support, rapid economic growth and declining component costs.
High-tech flights tackle climate modelling dilemma
Mon 2 Mar 2026
Media release – University of Canterbury | An ongoing challenge in global climate modelling is being addressed by HALO-South a German-Christchurch collaboration.
DOC trims costs and winds down jobs for nature
10 Nov 2025
The Department of Conservation (DOC) is entering a new phase of tighter budgets and structural change as it winds down the pandemic-era Jobs for Nature programme and reshapes its operations to absorb long-term cost pressures.
NZ-UAE partnership boosts advanced tech
9 Feb 2026
Media release | A new Antarctic science partnership with a leading UAE university will grow New Zealand’s advanced engineering and modelling capability, supporting high-value jobs, encouraging economic growth, and enabling smarter climate risk management, Science, Innovation and Technology Minister Dr Shane Reti says.
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.
Canterbury rolls out NZ’s first lightweight electric double-decker
Tue 3 Mar 2026
Metro has introduced the country’s first lightweight electric double-decker bus, marking a major milestone for public transport innovation in Canterbury.
General Assembly chief calls for US to pay UN fees in full
Fri 27 Feb 2026
The head of the United Nations General Assembly on Tuesday urged top contributor the United States to pay its fees in full after Washington made only a partial payment to the global body, amounting to less than 5% of the total amount owed.
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.
Study finds warming world increases days when weather is prone to fires around the globe
20 Feb 2026
The number of days when the weather gets hot, dry and windy — ideal to spark extreme wildfires — has nearly tripled in the past 45 years across the globe, with the trend increasing even higher in the Americas, a new study shows.
India and UK launch offshore wind taskforce
23 Feb 2026
Constituted under Vision 2035 and the Fourth India-UK Energy Dialogue, the Taskforce is designed to provide strategic leadership and coordination for India’s nascent offshore wind ecosystem.
