Topics tagged with 'NZ ETS'
Govt knew use of hot-air credits would draw fire
10 Oct 2016
The Government was warned last year that New Zealand could face criticism for using hot-air credits to meet its 2020 emissions reduction target, documents show.
Global aviation emissions deal gets wings
7 Oct 2016
A global carbon market for aviation that could see New Zealand offsetting three million tonnes of emissions a year is going ahead.
10 things you should know about climate change
7 Oct 2016
No 9. New Zealanders are in the world’s top 10 emitters of greenhouse gases.
Businesses plead for more ETS information
6 Oct 2016
The Government should be providing more information on the workings of the Emissions Trading Scheme – including carbon price forecasts and trading data, say participants in the scheme.
Airline emissions deal could boost offset bills
3 Oct 2016
A new global market-based measure for aviation emissions could see New Zealand having to offset 3 million tonnes of greenhouse gases a year.
Rising emissions mean NZ will miss Paris targets
29 Sep 2016
New Zealand’s greenhouse gas emissions are set to double between 1990 and 2030 – and even with a carbon price of $50 a tonne, we could still be short of our Paris Agreement pledge by 143 million tonnes.
Govt learns we can't cut emissions and sell more milk
28 Sep 2016
The Government knows its economic strategy of increasing agricultural exports cannot go on if New Zealand is to reduce greenhouse gas emissions, a confidential paper shows.
Voluntary actions have role, says carbon certifier
27 Sep 2016
Voluntary carbon credits can help to meet New Zealand’s Paris Agreement target, Parliament has been told.
Are we finally about to get an aviation emissions deal?
27 Sep 2016
Delegates from more than 190 nations today will begin an 11-day meeting in Montreal to determine the final form of a scheme to reduce greenhouse emissions from the aviation industry.
PARIS PACT: Morganists say NZ must sell units
23 Sep 2016
The Government must cancel all surplus carbon units it’s sitting on in 2020 as part of ratifying the Paris Agreement, says the group that wrote the Climate Cheats report.
Why we might have trouble phasing out HFCs
23 Sep 2016
New Zealand is among more than 100 countries calling for an early phase-out of use of the potent greenhouse gas hydroflourocarbon – which could be a challenge, because this country’s use of it appears to be rising.
No way, Nick, you can't claim credit for the ETS
22 Sep 2016
The Government is doing it again – claiming to have introduced the Emissions Trading Scheme when it actually voted against it.
Ukraine ratifies Paris Agreement
21 Sep 2016
Ukraine – the source of many of the low-value carbon credits that have so embarrassed the New Zealand Government – is the latest country to ratify the Paris Agreement.
Gas emissions (the reported kind) take a dive
16 Sep 2016
New Zealand’s reported greenhouse gas emissions have fallen drastically.
Agriculture emissions continue to grow
16 Sep 2016
New Zealand’s greenhouse gas emissions from agriculture continue to climb.
Trading scheme welcomes fewer units
16 Sep 2016
Just 4.6 million NZUs came into the Emissions Trading Scheme last year, new Government figures show.
Taxpayers gift $80m to industrial emitters
13 Sep 2016
Taxpayers have this year given industrial emitters of greenhouse gases free carbon credits worth more than $80 million on today’s market – and soon they’ll be getting twice as many.
RUC exemption could save thousands for truckers
12 Sep 2016
Truck and bus operators could save thousands of dollars a year under road-user charge exemptions now before the Government.
Dissenting academics write own climate report
7 Sep 2016
The Climate Change Authority’s latest report on Australia’s climate goals has divided its membership – so much so that two authority members have divorce themselves from the report and written their own version.
Ratification good news for carbon markets
5 Sep 2016
Ratification of the Paris Agreement by China and the United States is good news for the development of carbon markets, says the International Emissions Trading Association.
Climate Change Authority gambles on political pragmatism
2 Sep 2016
The Climate Change Authority¡¯s latest report outlining a recommended climate policy ¡°toolkit¡± is a reflection of what is seen by many as politically feasible in Australia now.
Dodgy dealing cost us dearly, says Asia expert
30 Aug 2016
Using dodgy carbon credits has damaged New Zealand’s chances of becoming an Asian carbon trading hub, says an expert on doing business in South-East Asia.
How Paris Agreement could punish the economy
29 Aug 2016
New Zealand will face significant economic damage from the Paris Agreement if carbon stored in forests is not recognised, the Emissions Trading Scheme is not linked internationally, and agricultural emissions incur a carbon price, a new report shows.
New emissions register will make life easier
23 Aug 2016
The emissions register will be closed from noon on Thursday, pending the launch of the new one on Monday.
Why we should aim for a million electric vehicles
22 Aug 2016
Replacing a million fossil fuel-driven cars with electric vehicles would cut New Zealand’s greenhouse gas emissions by more than 20 per cent in the crucial 2021-2030 period, officials say.
NZ looks for carbon credit trading friends
19 Aug 2016
New Zealand is stepping up the hunt for sources of quality carbon credits to help to meet its international emissions reduction targets.
DIRTY DOZEN: Big firms who traded in cheap units
16 Aug 2016
Some of New Zealand’s largest carbon emitters, along with forestry companies and even iwi are among the organisations that used cheap EURs to meet their liabilities under the Emissions Trading Scheme, a new report shows.
Keep us out of the ETS, pleads steel industry
12 Aug 2016
New Zealand Steel wants the steel industry excluded from the Emissions Trading Scheme, saying that rising carbon prices are putting the industry at risk.
Anxious farmers keen to keep carbon subsidies
10 Aug 2016
Farmers – already exempt from liability for the majority of greenhouse gas emissions from their businesses – urged the Government to keep other subsidies in place to further protect them from carbon pricing.
Nation needs emissions targets, says banker
9 Aug 2016
New Zealand should be setting annual emissions targets, says Westpac
Trees clear winner as carbon farmer cashes in
5 Aug 2016
Carbon credits have netted a dairy farmer more than he could have ever made from running livestock on his Taranaki hill country.
Businesses call for ETS policy certainty
4 Aug 2016
Calls for cross-party policy on climate change, and complaints about “continual and ad-hoc” changes to the Emissions Trading Scheme dominated comments on the first stage of the latest review of the scheme.
Industries fought to keep 1:2 carbon subsidy
2 Aug 2016
The waste, stationary energy, industrial processing and agricultural sectors mounted the biggest opposition to getting rid of the one-for-two carbon subsidy.
Your EUR account needs some attention
2 Aug 2016
Got an account on the Emissions Unit Register? You need to do some things to make sure it’s transferred to the new register that’s replacing it.
Industry slams failure of free-market forestry
1 Aug 2016
New Zealand’s experiment with free-market forestry has left it without the forests needed to combat climate change and supply the domestic market with wood, the industry says.
How right price, right credits would suit farmers
29 Jul 2016
A carbon price of $25 and a 50 per cent allocation of free credits would make the Emissions Trading Scheme viable for some farmers, a new report shows.
AGS forests will bank million tonnes of carbon
25 Jul 2016
Forests planted under the revived Afforestation Grant Scheme this year are expected to store 1.3 million tonnes of carbon.
How farmers, big emitters blow our carbon budget
20 Jul 2016
More than 90 per cent of New Zealand’s carbon budget for the 2020s will be spent on subsidising agriculture and trade-exposed heavy emitters, government estimates show.
Minister reports on second stage of ETS review
20 Jul 2016
Climate change minister Paula Bennett has reported to her colleagues on the second stage of the Emissions Trading Scheme review.
Carbon policy proposals fail to impress Beehive
19 Jul 2016
Two policy proposals floated in Carbon News yesterday – a Climate Responsibility Act, and combining carbon trading with a carbon tax and a cut in the goods and services tax – have not impressed the Government.
Why we need a carbon tax ... as well as an ETS
18 Jul 2016
New Zealand needs a carbon tax as well as the Emissions Trading Scheme if it is to meet its promise to halve greenhouse gas emissions by 2050, new research shows.
Subsidy loss will cost dairy farmers a 'low' $4588
15 Jul 2016
Removal of the one-for-two carbon subsidy will cost dairy farmers $4588 and households between $66 and $99 - costs that Climate Change Minister Paula Bennett says are “relatively low”.
Firms made closure threats over 1:2 subsidy change
15 Jul 2016
Four companies threatened to close if the Government removed the one-for-two carbon subsidy.
This time, can Turnbull do climate and energy?
15 Jul 2016
Australia’s re-elected Coalition government has the opportunity to revamp its policies on climate change.
ETS REVIEW: Plenty are talking about agriculture
13 Jul 2016
The Government might have wanted agriculture kept out of the current review of the Emissions Trading Scheme, but that hasn’t stopped scores of people, ranging from Air New Zealand to the country’s Catholic bishops, talking about it anyway.
Forester urges Govt to remove carbon market risks
12 Jul 2016
New Zealand will not get forestry investment on the scale needed to tackle climate change unless it cuts risk associated with the carbon market, says a company that planted 6500 hectares of carbon forests in the heyday of the Emissions Trading Scheme.
Europe puts weight behind Korean ETS
11 Jul 2016
Europe is supporting the development of Korea’s Emissions Trading Scheme in a $5.3 million three-year partnership.
Bennett keen to talk with opposition parties
8 Jul 2016
Climate change minister Paula Bennett says she wants to talk to other political parties.
Climate change website dries up
8 Jul 2016
The Government’s climate change website – a one-stop shop for all climate-related Government business– is no more.
History of emissions trading winds up
7 Jul 2016
The final chapter of International Emissions Trading Association’s oral history of the carbon market is out.
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.
