Topics tagged with 'NZ ETS'
PARIS PACT: New Zealand's world, according to Bennett
26 Apr 2016
On Saturday in New York, Climate Change Minister Paula Bennett signed the Paris Agreement on climate change on behalf of New Zealand.
Decision day looms on future of 1:2 provision
21 Apr 2016
The future of the one-for-two (holding industrial emitters responsible for just half their greenhouse gas emissions) should be known by the end of next month.
ETS ADVICE: Supply more important than price
21 Apr 2016
Any carbon market controls in New Zealand’s Emissions Trading Scheme should be based on supply, not price, says an international business organisation promoting markets to reduce climate change.
Dodgy units aside, we could make money from ETS credits
20 Apr 2016
Accusations that almost all the international units brought into the Emissions Trading Scheme are fraudulent are an exaggeration, says an expert who believes that the scheme could generate a nice international export in carbon credits.
Business backs stronger line on climate
20 Apr 2016
Business leaders say they hope this week’s signing of the Paris Agreement on climate change by New Zealand signals a stronger line on climate change action – with New Zealand reaching net-zero emissions not long after 2050.
Z Energy's biodiesel plant strikes gold
20 Apr 2016
Z Energy’s $26 million dollar biodiesel plant has earned it gold membership of the Bioenergy Association.
Here's a six-point plan for getting Australia on track
19 Apr 2016
The past two years have been the hottest on record globally, yet Australian climate policy is frozen in the past.
NZ international credits dealing is fraud, says report
18 Apr 2016
New Zealand’s determination to use carried-over international carbon credits to meet its 2020 emissions reduction target make it party to an international fraud, a new report says.
Why carbon price is key to forestry worth billions
15 Apr 2016
Carbon prices will need to hit $35 a tonne by 2017 or forest owners will quit the Emissions Trading Scheme, leaving New Zealand unable to meet its emissions reductions targets, an expert is warning.
Top table invites us to chew over carbon market
14 Apr 2016
New Zealand is to join a select group of countries talking about developing a global carbon market.
Major bank sees 2020 Asia-Pacific carbon market
8 Apr 2016
An Asia-Pacific regional carbon market could emerge after 2020, a new report suggests.
Don't do what NZ did, warns ADB
8 Apr 2016
The dramatic undermining of New Zealand’s carbon prices by cheap foreign offsets is being used as a lesson in what not to do when setting up an emissions trading scheme.
CARBON CLIMBS: Price up 23% in four months
7 Apr 2016
Carbon prices continue their long climb out of the doldrums, rising 23 per cent this year alone.
The case for a carbon tax on airline flight tickets
6 Apr 2016
After years of delay, the international aviation industry is inching its way toward bringing its greenhouse emissions under some form of regulation.
Emitters miss deadline ... but can still file
4 Apr 2016
Some emitters failed to get their 2015 returns in by last Thursday’s deadline.
D-day for emitters ... but not everyone will make it
31 Mar 2016
Today is the last day for emitters to file returns for 2015. And inevitably, there will be some who don’t.
Minister's reminder: Trees are really, really important
21 Mar 2016
Forests play a vital role in the economy and the environment, the Government is reminding New Zealanders.
Welcome aboard, iwi adviser tells Air New Zealand
18 Mar 2016
Air New Zealand should not be the only company looking to work with iwi to generate carbon offsets, a consultant says.
Give ETS strength, pleads forest industry chief
17 Mar 2016
The Emissions Trading Scheme is a eunuch that needs to have its vasectomy reversed, the head of the forestry industry says.
Carbon creeps up as minister talks ETS changes
17 Mar 2016
Carbon has gone to $11 on the back of Climate Change Minister Paula Bennett’s latest comments on carbon prices.
Processors in ETS could pose problem, says industry
14 Mar 2016
Bringing wood processors into the Emissions Trading Scheme could damage other carbon-reducing initiatives, such as biofuel development, the industry says.
ETS needs a price floor, says environment watchdog
11 Mar 2016
The Emissions Trading Scheme price cap should stay – but it should be balanced by a price floor, says Environment Commissioner Jan Wright.
Give farmers a reason to join ETS, says academic
11 Mar 2016
Agriculture could do a lot to cut New Zealand’s greenhouse gas emissions if it had an incentive to, a forestry expert says.
New methane probe points finger at agriculture
11 Mar 2016
New research showing that agriculture, and not fossil fuels, is responsible for rising methane levels is especially important for New Zealand, says the lead researcher.
How climate denial gained a foothold in the Liberal Party
11 Mar 2016
It seems the Liberal Party is still having trouble letting go of climate denial, judging by the New South Wales branch’s demand that the Turnbull government arrange a series of public debates on climate science.
Customers want clean transport, says KiwiRail
10 Mar 2016
The Emissions Trading Scheme should be strengthened to help to shift freight on to more climate-friendly forms of transport, KiwiRail says.
How to make an ETS, Kiwi-style ... or not
9 Mar 2016
New Zealand’s pioneering experience in building an emissions trading scheme is the basis for a new World Bank guide to designing an ETS.
Scrap carbon subsidies, says our worst emitter
7 Mar 2016
The country’s single largest generator of greenhouse gas emissions says carbon subsidies should be scrapped so the market can to do its work.
Genesis explains wholesale price increases
7 Mar 2016
Increasing the price of carbon to $25 a tonne would push wholesale electricity rates up by $4.50 a megawatt hour, says Genesis Energy.
New map will help you navigate the ETS world
7 Mar 2016
The long and sometimes rocky road to the development of an emissions trading market has been mapped.
Wood processors could get the nod with ETS changes
4 Mar 2016
Wood processors could come into the Emissions Trading Scheme under changes being suggested by the Government.
ETS overhaul not enough, says climate academic
4 Mar 2016
The Government’s overhaul of the Emissions Trading Scheme won’t be enough to get New Zealand across the line on the Paris Agreement, a new report shows.
Investors warn NZ of carbon over-protectionism
2 Mar 2016
An organisation representing $1 trillion of investments is warning the New Zealand Government against the dangers of over-protectionism when it comes to carbon pricing.
Quitting Kyoto might cost us, new minister hears
2 Mar 2016
Not signing up to the second commitment period of the Kyoto Protocol might cost New Zealand a front seat in the development of international carbon markets, it has been revealed.
$7.29m ... that's what the ETS costs to run
2 Mar 2016
The Emissions Trading Scheme costs $7.29 million a year to administer.
How ministers rejected carbon price floor
29 Feb 2016
Cabinet ministers discussed and rejected introducing a price floor for carbon, briefing papers show.
Watch ag emissions, Treasury tells Government
29 Feb 2016
Treasury officials have told the Government that it should be investigating just how well its strategies to reduce New Zealand’s agricultural emissions are working – even though agriculture has specifically been excluded from the current review of the Emissions Trading Scheme.
Canberra backs fossil fuel 'growth centre' with $15m
29 Feb 2016
Australia's Industry, Innovation and Science Minister, Christopher Pyne, has launched a new “growth centre” for the fossil fuel industry (and uranium), to be known as National Energy Resources Australia.
ETS uncertainty is a worry, says Meridian
26 Feb 2016
Uncertainty over the Emissions Trading Scheme is affecting the way Meridian Energy does business.
NZ and China best friends under carbon pact
25 Feb 2016
New Zealand and China are working together closely on carbon trading, after signing a bilateral agreement on carbon markets.
Z Energy wishlist: Everybody must be in ETS
25 Feb 2016
Fuel retailer Z Energy wants every sector in the Emissions Trading Scheme, a realistic price on carbon, political stability and an end to carbon subsidies.
You talk too much, market expert tells Canberra
24 Feb 2016
The Australian Government could restore certainty to the market if it did a better job of selling its climate change policy.
China finds capacity biggest trading hurdle
24 Feb 2016
Capacity is the biggest issue holding back the development of China’s national emissions trading market, says a new report.
Angry foresters want end to 1:2 subsidy
23 Feb 2016
Forest owners want the one-for-two subsidy gone – and are angry that the Government is likely to give heavy emitters extra free credits to cushion the blow.
Market likes minister's carbon price comment
23 Feb 2016
The market is firming on the back of news that Climate Change Minister Paula Bennett expects carbon prices to rise.
ETS key is clear direction, say officials
23 Feb 2016
Officials have told new Climate Change Minister Paula Bennett that if the Emissions Trading Scheme is going to work it must have a clear, long-term direction.
New minister pushes for carbon price rise
22 Feb 2016
Carbon prices must rise, says new Climate Change Minister Paula Bennett.
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.
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.
Grasslands and wetlands are being gobbled up by agriculture, mostly livestock
Today 11:00am
A new study takes a first-of-its kind look at how farming converts non-forested areas and major carbon sinks into cropland and pasture.
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.
Half of nations meet UN deadline for nature-loss reporting
Today 11:00am
Half of nations have met a UN deadline to report on how they are tackling nature loss within their borders, Carbon Brief analysis shows. This includes 11 of the 17 “megadiverse nations”, countries that account for 70% of Earth’s biodiversity.
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.
A gas shock – not an oil shock – from the Iran war looks more threatening
Today 11:00am
Europe and Asia will take an economic hit if the supply of Qatari LNG is halted by the closure of the strait of Hormuz.
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.
Gisborne leads NZ in solar battery uptake as resilience drives demand
Today 11:00am
By Shannon Morris-Williams | Battery storage is rapidly moving from add-on to mainstream in New Zealand’s residential solar market, with 2025 data showing stark regional differences in uptake, according to new analysis.
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.
‘Expect the unexpected’: Commission calls for long-term modelling to manage extreme weather risk
Today 11:00am
By Shannon Morris-Williams | New Zealanders must prepare for extreme weather that defies historical patterns, according to the Natural Hazards Commission.
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.
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.
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.
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.
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.
Earth's heat to power 10,000 homes in renewable energy first for UK
Today 11:00am
The UK's first geothermal power plant has been turned on, providing a completely new type of renewable electricity using hot water from underground.
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.
Solar-powered truck charging gains ground on South Africa’s freight corridors
Today 11:00am
Africa’s freight corridors, long dominated by diesel trucks and constrained by unreliable power grids, are emerging as a new frontier in the global shift toward clean logistics, with solar-powered charging hubs designed specifically for heavy-duty electric trucks.
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.
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.
