Topics tagged with 'NZ ETS'
Why ETS examination should take the long view
22 Feb 2016
Motu Economic and Public Policy Research Trust senior fellow SUZI KERR answers the key question posed in the Emissions Trading Scheme Review – should the carbon price cap and the one-for-two provisional measures be scrapped?
ETS ... we're hitting the target but missing the point
22 Feb 2016
Ministry for the Environment officials have been blunt about the Emissions Trading Scheme’s impact to date: “Research for this evaluation, and evidence from the interviews, found no sector other than forestry made emissions reductions over the Kyoto Protocol Commitment Period One (2008-12) that were directly caused by NZ ETS obligations.”
We're looking for friends in the carbon market
15 Feb 2016
New Zealand is once again actively pursuing linkages with other carbon markets.
Planting rate drops by a million seedlings
15 Feb 2016
Latest Government figures show that planting rates of exotic forests last year were even lower than they were in 2014, when nurseries destroyed hundreds of thousands of seedlings because foresters weren’t planting.
Time running out for ETS submissions
15 Feb 2016
The public has just four more days to have a say on whether emitters should be held liable for a greater chunk of their emissions.
How's the carbon market going? Experts can't agree
9 Feb 2016
Government officials say that New Zealand’s carbon market is liquid – but Westpac’s economists say it’s not.
Why there's little cost in wiping ETS protections
9 Feb 2016
Scrapping the one-for-two and the $25 carbon price cap is likely to have little impact on the economy.
Govt's ETS stand has dangers, say economists
9 Feb 2016
Excluding agriculture from the Emissions Trading Scheme might be economically inefficient, say Westpac economists.
Why post-Paris businesses must get moving
2 Feb 2016
Emissions Trading Scheme measures protecting industries from the full impact of carbon pricing have had their day, says an organisation representing a trillion dollars worth of investments.
Carbon questions lie in wait at Waitangi
2 Feb 2016
The Government is likely to face tough questioning at Waitangi this weekend over carbon prices.
Stakeholders next up in ETS review
2 Feb 2016
The Emissions Trading Scheme review moves into stakeholder meetings this week.
Our leaders suddenly silent on climate change
2 Feb 2016
The world’s leaders might have been talking big on climate change in Paris in December, but our local versions have been remarkably quiet on the subject in their state-of-the-nation speeches.
Could a levy on air and shipping fuel sink emissions?
2 Feb 2016
Global agreements to aim for “well below” 2deg warming are nice enough, but now it’s time to develop some detailed policies to help us to get there.
Eight submitters lead in the charge on ETS
18 Jan 2016
Just eight people and organisations have so far made submissions on the latest review of the Emissions Trading Scheme.
Carbon closing in on $10 mark
18 Jan 2016
Carbon has started the year with a bang, trading good volume at prices pushing toward $10.
ETS hits the highway
18 Jan 2016
The Government is going on the road to hear what people think about the Emissions Trading Scheme.
COMMENT: Great, now all we need is a plan
15 Dec 2015
By editor ADELIA HALLETT.- Two months ago, Northern Employers and Manufacturers' Association chief Kim Campbell let fly on climate change.
Carbon prices lift 50% since beginning of year
15 Dec 2015
Carbon prices are closing the year 50 per cent up on where they started the 12 months.
Facts come first, says our new climate chief
15 Dec 2015
The first big job facing new Climate Change Minister is the review of the Emissions Trading Scheme.
Govt didn't ask officials about agriculture and the ETS review
15 Dec 2015
The Government got no advice from officials on excluding agriculture from the Emissions Trading Scheme – despite officials earlier saying it should be included.
Foresters likely have cover for fire losses
15 Dec 2015
Most of the forests involved in a fire burning in Marlborough are likely to have been insured against carbon loss.
Hansen: Why global ‘carbon fee’ system will work
7 Dec 2015
Former NASA climate scientist James Hansen has called for a global “carbon fee” in which fossil fuels are taxed when they are produced or imported, rather than when they are consumed.
Little strengthens climate change muscle
30 Nov 2015
Labour leader Andrew Little has used today’s shadow cabinet reshuffle to send a strong signal on climate change and environmental issues, by boosting the issue up the rankings, appointing a spokesperson specifically for Pacific Islands climate change issues, and introducing a water portfolio.
$400m cost attached to keeping 1:2 subsidy
30 Nov 2015
Retaining the one-for-two subsidy for emitters will cost taxpayers $400 million – and that’s just at today’s carbon prices, says climate law expert Simon Watt.
Treat agriculture like anyone else, says Caygill
30 Nov 2015
Agriculture should not be treated any differently from any other trade-exposed industry, says the man who led the previous Emissions Trading Scheme Review.
Plant to beat emissions, expert tells farmers
30 Nov 2015
Cutting production is not the only way for New Zealand to offset agricultural emissions, says a forestry expert.
Agriculture fails to make the cut
24 Nov 2015
Agriculture - responsible for nearly half New Zealand's greenhouse gas emissions - is not part of the Government’s just-announced review of the Emissions Trading Scheme.
Groser hints at boost for carbon prices
23 Nov 2015
The Government has given the clearest signal yet that it intends to push carbon prices up as part of a package to meet the expected $30 billion cost of New Zealand’s 2030 emissions reduction target.
Groser: I've given no advice on stranded assets
16 Nov 2015
Climate Change Minister Tim Groser says he has given no advice to Finance Minister Bill English on protecting people’s pensions against the risk of stranded assets in fossil fuel companies.
Get the waka back on course, says Maori expert
9 Nov 2015
Environmental protection, hard-hitting policies on climate change, and a carbon price floor should all be part of a drive to rebuild the economy, a Maori economic development consultant says.
Time running out on ETS review promises
9 Nov 2015
Parliament might have just a month of work left on its schedule for the year, but there’s still no sign of the promised Emissions Trading Scheme review.
Higher carbon prices the key, says new book
2 Nov 2015
New Zealand needs higher carbon prices, says the author of a handbook on the Emissions Trading Scheme.
Best not to mess with agriculture yet, says NZ First
2 Nov 2015
Agriculture should be left out of the Emissions Trading Scheme until other countries act on biological emissions, says New Zealand First leader Winston Peters.
EDITORIAL: The times they are a-changin' ... quickly
27 Oct 2015
By editor ADELIA HALLETT.- There’s been a sea change in climate change. While some far-sighted New Zealand businesses have been planning for a carbon-constrained economy for some time, the rest of the business world is catching up.
Groser confirms ETS review this year
21 Oct 2015
The Emissions Trading Scheme review will start this year, Climate Change Minister Tim Groser has confirmed.
Business needs to take a stand
21 Oct 2015
Business needs to take a clear stand on carbon pricing, says former Climate Change Ambassador Dr Adrian Macey.
Papers suggest what's on the table at ETS review
19 Oct 2015
Agricultural emissions, the one-for-two surrender subsidy, and the $25 price cap are likely to be on the table in the Emissions Trading Scheme review this year, according to confidential Government papers.
Australian states threaten to go back to the future
5 Oct 2015
China has added itself to the list of countries prepared to price carbon. Of course, Australia knows more about putting a national price on carbon than almost any other country. And it also knows about dismantling such a price.
Our farming economics are flawed, says economist
28 Sep 2015
Agricultural emissions can be cut without affecting profitability, according to a former Treasury and Ministry of Agriculture and Forestry economist.
UN offers Kyoto credits direct to public
28 Sep 2015
The United Nations is offering Kyoto-compliant carbon credits directly to the public.
Anyway, says Key, the ETS was brought in by National
28 Sep 2015
Prime Minister John Key is claiming credit for bringing in the Emissions Trading Scheme – despite the fact his party actually voted against it.
How Groser battled for a 15% emissions cut
21 Sep 2015
Climate Change Minister Tim Groser wanted New Zealand to cut greenhouse gas emissions by 15 per cent below 1990 levels by 2030, a Treasury email shows.
No action on agriculture could cost us $13b
21 Sep 2015
Keeping agriculture out of the Emissions Trading Scheme could cost taxpayers $13 billion between 2020 and 2030, Treasury says.
Business, officials want cross-party climate deal
14 Sep 2015
High government officials and business leaders have recommended cross-party consensus on climate change - something the Government has since ruled out.
Advisers scrap over emissions cuts target
7 Sep 2015
Government departments are divided over how New Zealand should approach its post-2020 emissions reduction target – a target which the Government was going to set at just 6 per cent, Cabinet papers reveal.
Greens bend to seek political climate consensus
7 Sep 2015
A strong carbon price, a green investment bank and a climate commission are emerging as the basis of a political consensus on climate change policy – at least on one side of the House.
Australia’s new cap a trading scheme in all but name
7 Sep 2015
The Australian Government has released its final draft for a cap on greenhouse gas emissions. The “safeguard mechanism” will form part of the government’s central climate policy, and will fine large businesses for exceeding emissions baselines.
What really happened with Kyoto ERUs
7 Sep 2015
Emissions trading needs to be backed by ambitious targets, transparent reporting and international accountability if it is to be effective in tackling climate change.
Stranded-assets threat making mark on business
31 Aug 2015
The risk of being left with stranded assets is focusing business attention on climate change, says the organiser of an up-coming business conference in Auckland.
Ardern: 'We must not give up on 1.5'
Fri 31 Oct 2025
By Shannon Morris-Williams | Former prime minister Dame Jacinda Ardern says the world must not abandon the Paris Agreement’s 1.5°C goal, warning that a decade on from COP21 “too many of the debates we thought were settled are still being had.”
'Little to be hopeful about' – NZ scientists caution ahead of COP30
Fri 31 Oct 2025
By Shannon Morris-Williams | Record heat, worsening climate impacts and global backsliding on emission reduction commitments have left some New Zealand climate experts with little optimism as COP30 approaches.
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.
Celebrities slam mining plans
Tue 28 Oct 2025
Actor Sam Neill has slammed plans for a gold mine in Otago, while Denniston Rose author Jenny Pattrick is backing a petition that would stop a coalmine on the West Coast.
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.
Taxonomy seen as key to shaping NZ’s voluntary nature credit market
Thu 30 Oct 2025
By Shannon Morris-Williams | Experts say aligning the New Zealand Sustainable Finance Taxonomy with the development of voluntary nature credit markets could strengthen credibility, streamline investment, and support high-integrity environmental outcomes.
Experts say Bill Gates is not a friend to the planet, following recent call to change focus on climate
Fri 31 Oct 2025
Ahead of COP30, Gates calls for a shift in focus away from near-term emissions goals. Experts say that’s dangerously misguided.
‘Plain old dull’: NZU market continues to limp sideways
24 Oct 2025
By Liz Kivi | The NZU market has been “plain old dull” in recent months, with activity driven mainly by credit opportunities or a specific need to raise cash, according to Lizzie Chambers of trading platform Carbon Match.
Genesis doubles down on Huntly as renewables ramp up
24 Oct 2025
Genesis Energy is doubling down on Huntly’s role as New Zealand’s energy backstop while accelerating one of the country’s largest pipelines of new renewable generation.
The merchants of doubt are back
3 Sep 2025
OPINION: If you don’t follow climate policy closely, you might not know that the Trump administration is launching an effort to overturn one of the most fundamental pillars of American climate policy.
$235 billion worth of NZ buildings exposed to flooding
Thu 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.
Carbon Finance Program upscales efforts to close climate investment gap in climate vulnerable nations
22 Oct 2025
Media release | The Climate Vulnerable Forum and its V20 Finance Ministers (CVF-V20) will work with the Voluntary Carbon Markets Integrity Initiative (VCMI) to upscale the Carbon Finance Program in reach and impact, supporting more climate-vulnerable countries to host high-integrity carbon projects that yield tangible climate, nature, and sustainable development benefits.
All carrot, no stick for farmers on methane
17 Oct 2025
By Pattrick Smellie | COMMENT: The abandonment of methane emissions pricing and the adoption of a weaker target is effectively the last nail in the coffin of the historic cross-parliamentary consensus embedded in the Zero Carbon Act 2019.
Lake Onslow battery project set for revival?
Wed 29 Oct 2025
A newly formed private consortium has emerged with plans to finance and build the massive Lake Onslow pumped-hydro project, despite the coalition government’s decision to abandon the scheme.
From nuisance to crisis: New report on pest wasps In Aotearoa
24 Sep 2025
Media release: Moths and Butterflies NZ Trust | Just published is the Final Report of the Pest Wasps Survey carried out by the Moths and Butterflies of NZ Trust (MBNZT) offering a comprehensive look at New Zealanders’ awareness, experiences, and attitudes toward wasps and the growing ecological, health, and social issues associated with them.
Media round-up
Fri 31 Oct 2025
In our round-up of climate coverage in local media: A controversial seabed mining project could lead to sediment flows knocking over rigs and damaging wind turbines; weather-related insurance claims climb; and is the government playing Russian Roulette with our future over methane targets?
NZ marine heatwaves could double in intensity under high-emissions pathway
16 Oct 2025
By Shannon Morris-Williams | New projections show marine heatwaves will grow more intense around the North Island and more frequent around the South Island as the climate warms – raising risks for fisheries, aquaculture, coastal ecosystems and tourism.
Foresta welcomes Government support for Kawerau plant
Thu 30 Oct 2025
By Diane McCarthy, Local Democracy Reporter | A $9 million Government boost to wood energy production has been welcomed by a company with its sights set on building a torrefied wood pellet plant in Kawerau.
Oil firm TotalEnergies made misleading green statements, court rules
Tue 28 Oct 2025
A French oil company engaged in “misleading commercial practices” about the scope of its environmental commitments, a court has ruled.
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.”
Developing countries will need US$310 billion annually for climate adaptation by 2035
Fri 31 Oct 2025
Media release - UN Environment Programme: Slow climate adaptation is threatening lives and economies.
No major banks have yet committed to stop funding new oil, gas and coal, research finds
24 Oct 2025
‘The objectives of the Paris agreement are slipping further out of reach,’ say researchers.
Look out for these 8 big ag greenwashing terms at COP30
Tue 28 Oct 2025
Food and farming companies will claim agriculture is the solution to the climate crisis at the Brazil summit — even though food drives a third of global warming.
Coal imports up 650%
12 Sep 2025
By Shannon Morris-Williams and Liz Kivi | Coal imports are up 650% as generators stockpile the most polluting fossil fuel ahead of next winter.
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.
Vero warns losses to rise 26% by 2050 over extreme weather
Wed 29 Oct 2025
By Shannon Morris-Williams | Extreme weather could drive a 19–26% spike in annual insurance losses by 2050, fuelled by rising seas and more intense flooding, according to Vero’s latest Climate-Related Disclosures Report.
Will NZ walk away from the Paris Agreement?
20 Dec 2024
By Geoff Bertram | COMMENT: Unless the government can find very cheap offshore mitigation, the temptation to walk away from its Paris Agreement obligations may well be too strong to resist for a coalition government focused on fiscal austerity.
Judge says Greenpeace must pay $345 million in pipeline lawsuit, cutting jury amount nearly in half
Fri 31 Oct 2025
A North Dakota judge has ordered Greenpeace to pay damages of $345 million, reducing an earlier jury award after it found the environmental group and related entities liable for defamation and other claims in connection with protests of an oil pipeline nearly a decade ago.
Nelson commuters urged to ditch car once a week
22 Oct 2025
By Max Frethey, Local Democracy Reporter | Nelson has a bold carbon emission reduction target and residents are being encouraged to leave the car at home one day a week to help meet it.
Global oil demand won't peak until 2032, Wood Mackenzie report says
Fri 31 Oct 2025
“Global oil demand will not peak until 2032, two years later than earlier thought, consultancy Wood Mackenzie said in a report on Wednesday that blames continued momentum in the use of hydrocarbons for transport and petrochemicals.”
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.
Climate impacts hit NZ with increasing wild weather
23 Oct 2025
By Liz Kivi | New Zealand is facing a triple whammy of climate impacts today, with severe winds and rainfall predicted for much of the country while some areas are still dealing with wildfires ignited earlier in the week.
‘Weird and sad’ – Tuvalu Climate Minister condemns NZ halving methane target
15 Oct 2025
By Liz Kivi | Dr Maina Talia, Tuvalu’s Minister for Home Affairs, Climate Change, and Environment, says he’s surprised at New Zealand’s decision to weaken its target for reducing methane emissions – and is planning to take up the issue with his counterpart Climate Minister Simon Watts this week.
Lobby group launches ‘blueprint’ for ocean management reform
18 Sep 2025
The Environmental Defence Society yesterday released its plan to tackle widespread ecological decline in our oceans.
FMA grants temporary 'no action' relief for for firms set to exit climate reporting regime
Wed 29 Oct 2025
The Financial Markets Authority has announced it won't take action against companies expecting to fall out of mandatory climate reporting obligations, if they fail to lodge climate statements while the law changes are pending.
Judge dismisses suit by young climate activists against Trump’s pro-fossil fuel policies
17 Oct 2025
Plaintiffs had ‘overwhelming evidence’ of climate crisis but a court injunction would be ‘unworkable’, ruling says.
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.
The Yangtze River is becoming the world’s largest electrified trade corridor
Thu 30 Oct 2025
The Gezhouba, a new 13,000-ton all-electric bulk carrier launched in Yichang, is more than a technical milestone. It is a sign that the electrification of inland shipping is moving from concept to inevitability.
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.
Climate scientists and republican lawyers are taking aim at Big Tech’s emissions
17 Oct 2025
Technology companies have long been one of the biggest investors in clean energy, but new accounting rules could upend that.
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.
How ‘vehicle-to-grid’ technology could boost China’s electricity system
Fri 31 Oct 2025
China’s surging electric vehicles ownership – now exceeding 25.5m – is opening the door to a new technology that can help to enhance the flexibility of electricity supply.
Fix it, don't ditch it: University of Auckland hosts first Repair Cafe
9 Oct 2025
Media release - Auckland University | The University's first-ever Repair Cafe is bringing students and staff together to give broken items a new lease on life, while promoting a culture of repair and reuse.
Council buys dairy farm to help clean up Lake Rotorua
21 Oct 2025
Bay of Plenty Regional Council has bought a 266-hectare dairy farm in the Lake Rotorua catchment and plans to retire it from production to reduce nitrogen entering the lake.
Adaptation plan at odds with public sentiment: survey
21 Oct 2025
By Liz Kivi | The Government’s position on climate adaptation buyouts shows a disconnect with public opinion, according to survey findings from insurer Suncorp NZ.
‘Damp squib’ – Govt energy plan slammed for locking in fossil fuels
2 Oct 2025
By Shannon Morris-Williams | Critics across business, climate groups and the opposition say the Government’s electricity reforms duck structural change, double down on LNG and gas, and offer little relief for soaring power prices – warning of an “expensive white elephant", deeper energy poverty and a missed chance to scale renewables.
