Topics tagged with 'NZ ETS'
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.
Greens slam Government for climate failures
6 Jul 2016
The Government is failing to prepare New Zealand for the impacts of climate change – and has slashed millions of dollars of funding for domestic policy advice on the issue, the Green Party says.
ETS changes you might not know about ...
4 Jul 2016
The public attention might be on the Government’s review of the Emissions Trading Scheme. But behind the headlines other, quiet, changes are being made.
European carbon slumps to two-year low
30 Jun 2016
European carbon hit a two-year low overnight as Brexit jitters continue to worry the market.
Price floor or perish, experts tell European market
28 Jun 2016
Europe’s carbon market faces ruin without a price floor, an international think-tank says.
EU carbon prices struggle to hold ground
28 Jun 2016
European carbon prices tried and failed to rally last night in the wake of Britain’s vote to leave the European Union.
How British exit could affect our carbon market
27 Jun 2016
New Zealand carbon prices could be affected by Britain’s vote to leave the European Union.
Officials tell why we need a carbon price floor
23 Jun 2016
A carbon price floor would be challenging but would give businesses certainty and guarantee foresters a price that made planting trees worthwhile, officials told the Government.
NZ unlikely to use banked credits, says minister
22 Jun 2016
The Government is unlikely to use New Zealand’s banked carbon credits to make-good on hot-air credits we have already surrendered internationally, a Parliamentary select committee has heard.
Bennett vows to hold carbon price at $25
21 Jun 2016
New Zealand’s carbon price cap will not rise above $25 for a long time – but neither will it go down, Climate Change Minister Paula Bennett has told a select committee.
More want climate action now than before carbon tax
20 Jun 2016
By DEBORAH COTTON | In April 2011, not long after Julia Gillard was returned to power in the 2010 federal election, I asked a representative sample of Australians about their attitudes to climate policy.
Blow to carbon markets if Britain leaves Europe
17 Jun 2016
A “yes” Brexit vote would leave a large pro-market void in Brussels and will hold back the development of international carbon markets, the International Emissions Trading Association is warning.
Carbon should trade in limited range, says forester
15 Jun 2016
New Zealand’s carbon prices should be kept within a band of $15 to $50, says a forestry company that has played a leading role in developing the carbon market.
Paris agreement needs carbon prices to be coordinated
15 Jun 2016
The Paris climate agreement was an important success for climate diplomacy as nation states showed a strong will to cooperate on climate action.
Carbon price up 10.9% since subsidy dumped
3 Jun 2016
Carbon prices have climbed 10.9 per cent in the week since the phase-out of the one-for-two subsidy was announced.
RMA’s successors hinge on two untested bets
Today 11:15am
Two ideas sit at the heart of the Government’s replacement for the Resource Management Act: regulatory relief and spatial planning.
Three Greenpeace activists removed by police from Fonterra
Today 11:15am
Media release | Three Greenpeace activists were removed by police from Fonterra’s downtown Auckland offices, following a protest on Monday at the Shareholders’ Fund meeting over the corporation’s role in the contamination of rural communities’ drinking water.
NZ’s government wants tourism to drive economic growth – but how will it deal with aviation emissions?
22 Oct 2025
By Robert McLachlan, Te Kunenga ki Pūrehuroa – Massey University | Following a brief dip during the COVID pandemic, aviation is back in a growth phase.
Air NZ inks deal for its first internationally verified carbon credits
9 Oct 2025
By Liz Kivi | Air New Zealand has committed to buying 8000 tonnes of carbon removals by 2030, in partnership with local native forest investment platform My Native Forest.
‘Cali Fund’ aiming to raise billions for nature receives first donation – of just $1,000
Tue 16 Dec 2025
A major biodiversity fund – which could, in theory, generate billions of dollars annually for conservation – received its first donation of just $1,000 in November.
Govt launches strategy backing wood-based heat sector
23 Oct 2025
By Pattrick Smellie | Forestry biomass could replace as much as 40% of fossil fuel-generated process heat by 2050, but access to supply, regulatory settings and business cases for converting to wood-based heat sources are required, the Government says in a series of documents released yesterday.
Minister not concerned about potential economic impacts of ruling out offshore mitigation
Thu 11 Dec 2025
By Liz Kivi | Climate Change Minister Simon Watts isn’t worried that ruling out using offshore mitigation is effectively reneging from the Paris Agreement with potential to damage New Zealand’s economy and access to export markets.
France updates its 2050 carbon neutrality roadmap
Today 11:15am
To mark the 10th anniversary of the Paris Agreement, France released a revamped climate plan promising to phase out oil and gas and sharply increase electricity use.
Is Govt rushing through changes to climate framework to avoid litigation?
Thu 11 Dec 2025
By Liz Kivi | The Parliamentary Commissioner for the Environment says the Government’s motivation for proposed changes to the country’s climate framework law are unclear: “The only reason I can think of is one grounded in potential litigation risk.”
KiwiRail pauses coal trains amid rising climate protests
9 Dec 2025
By Shannon Morris-Williams | Climate activists are ramping up actions this week, with a Christchurch protest leading to KiwiRail pausing some coal train operations on Saturday, and another protest against the Fast-Track Amendment Bill planned for parliament today.
Investors must support positive climate-tech
28 Nov 2025
OPINION: We need better leadership than the current ‘climate opportunism’ that is rife in the Beehive, and we need to back a marketplace that will make it happen, writes Rob Campbell.
$235 billion worth of NZ buildings exposed to flooding
30 Oct 2025
More than 750,000 New Zealanders live in locations exposed to one-in-100-year floods, according to a nationwide study which shows escalating flood risk.
India at COP30: A mismatch between grandstanding and climate action
Thu 11 Dec 2025
Despite India’s attempt to anoint itself as the leader of the developing world, at the COP30 summit, New Delhi’s track record remains contradictory.
Govt warned that scrapping ag emission pricing comes with risks
Thu 11 Dec 2025
By Liz Kivi | The Government’s move to halt plans for agricultural emissions pricing without replacing it with any other action will leave New Zealand facing a bigger gap to meet its third emissions budget, Environment ministry officials have warned.
Battery subsidy scheme set for 'urgent' overhaul as costs run out of control
Tue 16 Dec 2025
Australian Energy Minister Chris Bowen has announced big changes to the government's battery subsidy scheme amid claims most of its $2.3 billion budget has been spent in just six months.
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.
COP30 microcosm of difficult geopolitics, says Vanuatu's Climate Minister
Mon 15 Dec 2025
By Liz Kivi | Despite ‘intransigent’ states blocking multilateralism and a disappointing official outcome, Vanuatu’s Climate Change Minister Ralph Regenvanu says he left the COP30 climate summit feeling more positive than after previous UN climate conferences.
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.
Are rainforests now a cause of, rather than the answer to, climate change?
Mon 15 Dec 2025
A new study finds that Africa’s forests, responsible for one-fifth of global carbon removal, are beginning to generate carbon as the result of human activity.
Oil and gas majors would create $78bn more value by stopping exploration
Thu 11 Dec 2025
Media release | Ten of the world’s largest oil and gas companies would create significantly more shareholder value by ending exploration and sharply curtailing upstream development, according to new analysis released today by ACCR.
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.”
Westpac NZ announces partnership to form Blue Economy hub in Nelson
Today 11:15am
Media release | Westpac NZ has announced a new three-year partnership with the Nelson Regional Development Agency and Kernohan Engineering to help accelerate the development of a sustainable marine economy – also known as the blue economy.
NZ ‘clearly’ breaching international law on climate – Vanuatu Climate Change Minister
Fri 12 Dec 2025
By Liz Kivi | Vanuatu’s Climate Change Minister, Ralph Regenvanu, says New Zealand restarting fossil fuel exploration and subsidies is an obvious breach of international law, exposing the country to international and domestic litigation.
Govt slammed for weakening methane target
Mon 15 Dec 2025
By Shannon Morris-Williams The Government has pushed through legislation under urgency to almost halve New Zealand’s 2050 methane target – a move Opposition parties say disregards scientific advice, breaks the country’s hard-won political consensus on climate action, and shifts the burden of higher warming and higher future costs onto the next generation.
Tribunal warns govt geothermal strategy risks Treaty breach
2 Dec 2025
By Shannon Morris-Williams | The government's geothermal development strategy risks breaching the Treaty of Waitangi, according to a report from the Waitangi Tribunal released last week.
Hiringa eyes green methanol plant near Whanganui
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.
Insurers welcome govt decision to keep NHC levy unchanged
21 Nov 2025
Media release |The Insurance Council of New Zealand | Te Kāhui Inihua o Aotearoa (ICNZ) has welcomed the Government’s decision to leave the Natural Hazards Commission levy unchanged, amid ongoing concerns around the cost-of-living.
Why I’m not outraged at the Govt’s latest climate backsliding
7 Nov 2025
COMMENT: The Government’s latest climate rollbacks underline New Zealand’s long history of a lack of genuine desire to cut emissions, writes Geoff Bertram.
Shell facing first UK legal claim over climate impacts of fossil fuels
Fri 12 Dec 2025
Victims of a deadly typhoon in the Philippines have filed a legal claim against oil and gas company Shell in the UK courts, seeking compensation for what they say is the company's role in making the storm more severe.
NZ fails to back ‘roadmap’ to phase out fossil fuels at COP
24 Nov 2025
By Liz Kivi | Eighty-six countries including Australia, the UK, Germany, and Ireland backed a proposal at COP30 for national plans on how to quit oil, gas and coal – but New Zealand wasn’t one of them.
Media round-up
Fri 12 Dec 2025
In our round-up of climate coverage in local media: Another offshore wind firm exits New Zealand over a clash with seabed mining; Fonterra falls behind on its climate goals as farm emissions remain flat; and the businesses trapped by the gas 'death spiral'.
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.
The deep ocean is fixing carbon in ways no one expected
Tue 16 Dec 2025
A new study reveals that unexpected microbes are quietly fixing carbon in the dark depths of the ocean.
‘A shift no country can ignore’: where global emissions stand, 10 years after the Paris climate agreement
Tue 16 Dec 2025
The watershed summit in 2015 was far from perfect, but its impact so far has been significant and measurable.
Govt consulting on Pacific Resilience Facility
Fri 12 Dec 2025
The Foreign Affairs, Defence and Trade Committee is calling for submissions on its international treaty examination of the Agreement to Establish the Pacific Resilience Facility.
Govt green lights rural recycling scheme
4 Dec 2025
The Government has approved new regulations to bring rural waste schemes under one unified framework.
Climate change policy moving to new mega-ministry
Today 11:15am
By Pattrick Smellie | The Government’s primary adviser on climate change policy, the Ministry for the Environment, is to be folded into a new mega-agency that will also cover urban, transport, local government and housing.
NZ could become ‘dumping ground’ for dirty vehicles: Commissioner
Tue 16 Dec 2025
By Liz Kivi | Simon Upton, Parliamentary Commissioner for the Environment, has warned the Government that its changes to the clean car standard could turn the country into a dumping ground for high emitting cars, making future emissions budgets harder to achieve.
Shipping movements disrupted as climate change protesters block coal ships
2 Dec 2025
NSW police have arrested 141 people who attempted to block the shipping channel in Newcastle Harbour during Rising Tide protests, which began on Thursday.
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.
NZ could lose nearly all glaciers this century without stronger climate action
Tue 16 Dec 2025
New Zealand could see 97% of its glaciers vanish by 2100, with new international modelling projecting a rapid acceleration in glacier extinction from the 2030s onward – even under lower-warming scenarios.
Solar households to get little-noticed tax break
23 Sep 2025
A provision in the government’s latest tax bill would exempt households from paying tax on income they earn by selling excess electricity back to the grid.
More than $2m up for grabs for low-emissions farming innovation
10 Dec 2025
The Ag Emissions Centre and AgriZeroNZ yesterday opened their 2026 innovation investment round.
Last minute change to oil and gas legislation over cleanup costs
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.
EU waters down plans to end new petrol and diesel car sales by 2035
Today 11:15am
The European Commission has watered down its plans to ban the sale of new petrol and diesel vehicles by 2035.
Kaicycle celebrates ten years of collective climate action in Pōneke
14 Nov 2025
Media release: Kaicycle | Since 2015, Kaicycle has grown from a humble pilot project growing kai and collecting compost on bicycles into the thriving urban farm and composting hub that Wellingtonians know and love.
Heatwaves, downpours and droughts – Auckland on track for more extreme weather
1 Dec 2025
By Shannon Morris-Williams | New projections show Auckland will face more heatwaves, heavier downpours, worsening droughts and growing coastal threats as climate extremes intensify, according to a new report from Earth Sciences New Zealand.
NZ just had its hottest spring in at least 116 years
10 Dec 2025
By Shannon Morris-Williams | This year New Zealand had its hottest spring since records began, with widespread heat, rainfall extremes and destructive wind driven by sudden stratospheric warming.
Australian market operator slashes wind farm predictions amid falling costs for solar and batteries
Thu 11 Dec 2025
The body that runs Australia's biggest power market has scaled back its plans for high-voltage power lines and wind farms to meet the country's green energy targets.
