Topics tagged with 'NZ ETS'
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.
New figures show foresters deserting tree-planting
24 Aug 2015
More of New Zealand’s post-1989 plantation forests are outside the Emissions Trading Scheme than are in it.
Australia's 'weak' emissions targets don't add up
17 Aug 2015
Australia has a huge gap between its projected and target 2030 emissions, an analyst is warning.
'Myopic focus' costing us climate change progress
17 Aug 2015
New Zealand might have reached the limits of its ability to exploit natural resources, the Labour Party says.
Review ETS after Paris, says climate lawyer
17 Aug 2015
The Emissions Trading Scheme review should be pushed off into next year, a climate change lawyer says.
Caygill sets out on new energy mission
3 Aug 2015
Former Finance Minister David Caygill is to chair the BusinessNZ Energy Council – a group of energy companies whose mission is to secure a sustainable energy future for New Zealand.
Treasury maps out our path to a low-carbon enconomy
27 Jul 2015
A strong carbon price, better urban planning, a climate commission and systematic assessment of how government policies affect climate change would help New Zealand’s transition to a low-carbon economy, Treasury says.
One year on from the carbon price experiment, the rebound in emissions is clear
27 Jul 2015
Just over a year ago, Australia concluded a unique public policy experiment. For the preceding two years and two weeks, it had put a price on a range of greenhouse gas emitting activities, most significantly power generation.
'Failed' NZ could be walking into trap at Paris climate summit
13 Jul 2015
New Zealand could be in trouble with its post-2020 emissions reduction target if the world doesn’t allow us to continue to use creative accounting to meet our obligations, international scientists are warning.
Businesses put brakes on climate action, says study
13 Jul 2015
Fewer businesses are taking action on greenhouse gases than two years ago, Waikato University’s latest sustainability report shows.
Foresters see need for big ETS changes
13 Jul 2015
Major changes will need to be made to the Emissions Trading Scheme if New Zealand wants to meet its just-announced post-2020 emissions reduction target.
English off on no-climate-talking tour
13 Jul 2015
Finance Minister Bill English is heading to China – but he has no plans to discuss that country’s moves into carbon trading.
We're still undecided on ETS, says minister
8 Jul 2015
The terms of reference for the review of the Emissions Trading Scheme have not yet been set, says Climate Change Minister Tim Groser.
NZ sets post 2030 target
7 Jul 2015
The Government has just announced the emissions reduction target New Zealand will take to international climate talks in Paris - 30 per cent below 2005 levels by 2030.
Large parcel of NZUs for tender
7 Jul 2015
Two hundred thousand – and potentially a million – spot NZUs have come to the market this morning.
We could still be a carbon leader, says trader
6 Jul 2015
It’s not too late for New Zealand to become an international carbon trading hub, says pioneer carbon trader Nigel Brunel.
WORLD TODAY: New coal plants most urgent threat to the planet, warns OECD head
6 Jul 2015
* Greenhouse gas blamed for climate expulsion driving temperature rises across Pacific nations * China climate pledge inadequate on efficiency, say analysts * UN tells oil giants to stop lobbying against climate deal * UK unveils help for bees with £900m stewardship scheme * Time for pollution pricing to work for the climate * New renewable energy hub launched to boost Scottish firms in Japan
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.
