Topics tagged with 'NZ ETS'
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
Forget the courts, we must get to the politicians
29 Jun 2015
A court case ordering the Dutch Government to slash greenhouse gas emissions is ground breaking – but unlikely to be replicated in New Zealand.
ETS review remains on slow boil
29 Jun 2015
The Emissions Trading Scheme review is unlikely to start any time soon.
Busy May sees register handle 42m credits
22 Jun 2015
Forty-two million carbon credits changed hands in New Zealand last month, as emitters finalised their 2014 returns.
Business lobby presses for realistic 'carbon pathway'
15 Jun 2015
Buying carbon credits to meet New Zealand’s emissions reduction target is not sustainable, business is warning.
Leadership is what we need, say scientists
8 Jun 2015
New Zealand lacks the leadership to achieve the 40 per cent cut in greenhouse gas emissions it needs to make by 2030, the country’s top scientists are warning.
Drop free carbon credits, says environment chief
8 Jun 2015
The Parliamentary Commissioner for the Environment wants the Government to stop giving free carbon credits to high-intensity trade-exposed emitters, who, she says, could still be paying for just 5 per cent of their emissions by 2050.
Lobby group wants think tank to set emissions target
8 Jun 2015
An environmental lobby group is calling for a cross-sector working group on New Zealand’s post-2020 emissions reduction target.
Treasury tells Government how to cut emissions
2 Jun 2015
Treasury has told the Government that if it wants to reduce greenhouse gas emissions it should introduce a carbon price floor, get rid of the two-for-one provisions or cut the number of free carbon credits it gives to emitters.
Budget holds hint of carbon credit auctions
25 May 2015
The Government is developing the architecture to auction carbon credits.
Why the Government's forestry policies are not working
18 May 2015
Labour Party climate changes spokesperson MEGAN WOODS on why the Government’s forestry policies are failing:
We've got the chance to turn green into gold
11 May 2015
New Zealand could turn “green into gold” by capitalising on emerging clean technologies and showing leadership on climate change.
We’re not there yet, Garnaut tells Australia
11 May 2015
Following the repeal of the carbon tax, the Australian Government has implemented its Direct Action climate policy, centred on the A$2.55 billion Emissions Reduction Fund.
Canberra dragging the chain, says UN climate chief
11 May 2015
Sigmund Freud would have had a field day with the speech by United Nations climate change chief Christiana Figueres to a Melbourne summit on greenhouse emissions reductions. Because what was most interesting was not what she did say, but what she didn’t.
Apparently, we're going to slash thousands of tonnes of emissions by 2020
28 Apr 2015
The Government expects the Emissions Trading Scheme to cut New Zealand’s greenhouse gas emissions by nearly 10,000 kilotonnes in 2020.
We could be heading for a multi-billion-dollar carbon hangover
13 Apr 2015
New Zealand’s “rugby, big cars and beer” culture could leave the country with an annual carbon hangover edging into the billions of dollars.
More cows means double the gas emissions
13 Apr 2015
Greenhouse gas emissions from dairy cows in New Zealand have more than doubled since 1990.
NZ hangs back as countries commit to carbon cuts
7 Apr 2015
Russia did it. The United States did it. All the countries in the European Union have done it, as have Mexico, Norway, Switzerland and Latvia. Even oil-and-mineral-exporting Gabon, population 1.3 million, did it.
Forest experts are wrong, say climate change ministers
30 Mar 2015
The Government is sticking to its guns – forest planting is down because of the cyclical nature of the industry, and not because carbon prices are too low to encourage planting.
Media round-up
Fri 24 Apr 2026
In our round-up of climate coverage in local media: What is the real cost of storm-hit infrastructure? Urgency is needed over climate adaptation funding; and a community conservation group has won a legal victory against multinational mining company OceanaGold.
Coal-to-urea plan ‘extremely unlikely’ to be zero carbon
Today 11:15am
By Liz Kivi | A plan to turn Southland coal into nitrogen fertiliser is extremely unlikely “if not impossible” to be net zero, despite the claims of the Australian company applying to fast-track it, says sustainable energy expert Ralph Sims.
$30m airline fund risks ‘burning public money’ without lasting benefit – expert
20 Mar 2026
By Shannon Morris-Williams | A $30 million government package to support regional air routes risks delivering poor value for money while increasing emissions, according to transport strategist Tim Adriaansen.
Europe has 'maybe six weeks of jet fuel left', energy boss warns
20 Apr 2026
Stocks would reach a tipping point in June if Europe was unable to replace at least half of its imports from the Middle East, the organisation said in a report this week.
Biodiversity plan heavy on talk, light on action, expert warns
Fri 24 Apr 2026
By Shannon Morris-Williams | A newly released government biodiversity implementation plan has been criticised for lacking practical action, with one expert saying it focuses too heavily on discussion and data gathering rather than delivering results on the ground.
Burning wood for power worse for climate than gas equivalent, report finds
21 Apr 2026
Research casts doubt on plans by the UK government to offer subsidies for carbon capture attached to the power source.
Forest & Bird warns Emissions Trading Scheme ‘failing’
Today 11:15am
New advice from the Climate Change Commission shows that New Zealand’s main climate policy tool is broken and at risk of collapse without urgent action to cut gross emissions, according to environmental advocates Forest & Bird.
Fossil fuel phaseout talks begin with half the global economy
Today 11:15am
The world’s first fossil fuel phaseout conference has begun in Santa Marta, Colombia, with 57 countries representing more than half of global GDP, 30% of the world’s population and 20% of global fossil fuel production.
Carbon ‘stockpile’ up 9 million in March quarter
10 Apr 2026
By Liz Kivi | The ‘stockpile’ of pollution permits (NZUs) in private accounts has increased by just over 9 million to almost 145 million since the end of 2025, according to the latest figures from the Environmental Protection Authority.
Victorian Hydrogen announces Southland urea fertiliser project using coal
Wed 22 Apr 2026
By Liz Kivi | Australian-based Victorian Hydrogen has announced it is developing a new 1.5 million-tonne-a-year urea fertiliser operation in Southland, which it will apply for under fast-track legislation.
Supply-side pressures and political uncertainty ahead for carbon market
7 Apr 2026
By Kristen Green | ANALYSIS: With failed auctions, a surge of new forestry registrations, and an election a few months away, the NZ ETS in 2026 will be subject to a mix of supply-side pressures and political uncertainty.
Latest emissions inventory: ‘Something has gone very wrong’
16 Apr 2026
By Liz Kivi | New Zealand’s greenhouse gas emissions in 2024 decreased by just 0.1% compared to 2023, in what an expert says is a “terrible result”, compared to faster progress in previous years.
What Magyar’s defeat of Orbán in Hungary means for climate and energy
21 Apr 2026
Hungary has played a disproportionate role in EU climate and energy policy in recent years, by repeatedly vetoing climate action and by delaying the phaseout of Russian fossil-fuel imports.
Commission advises no change to ETS settings but warns Govt of looming risks
Fri 24 Apr 2026
By Liz Kivi | The Climate Change Commission is warning the Government of a possible shortfall of Emissions Trading Scheme units by the late 2020s and says the scheme will struggle to provide an investment signal by the mid-2030s.
The Iran war has the world buying more clean energy. China stands to benefit the most
Today 11:15am
The war in Iran has sent oil-starved countries scrambling for fuel. Many are opting for energy alternatives — and turning to the renewables king of the planet: China.
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.
Northland community climate resilience fund faces massive demand
Fri 24 Apr 2026
By Susan Botting, Local Democracy Reporter | A three‑year‑old ratepayer-funded Northland Regional Council community climate resilience fund is experiencing strong demand, with to date around five times more money sought than is available.
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.
NZ cleantech could match forests in emissions cuts – but funding gap looms
Wed 22 Apr 2026
By Shannon Morris-Williams | A handful of New Zealand cleantech startups could cut global emissions by 19.2 million tonnes a year by 2030, but a lack of capital is threatening to slow their scale-up, a new report shows.
Going concern status flags depth of Methanex NZ's gas crisis
21 Apr 2026
Methanex's New Zealand operation is relying on financial support from its Canadian parent to remain a going concern after a second consecutive year of asset impairments left the business with negative equity.
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.”
Green Party calls for national electrification plan
20 Apr 2026
By Liz Kivi | The Green Party is calling for a national plan to electrify homes, transport and industry using renewable energy, to reduce fossil fuel dependence in response to the Middle East crisis.
Self-interest should drive investment in overseas climate action, says former climate commissioner
13 Apr 2026
By Liz Kivi | Wealthy countries – including New Zealand – aren’t doing nearly enough to fund climate mitigation in the developing world, with new research saying we need to "change the conversation" to spark action in this vital area.
Fonterra admits ‘100% grass-fed’ claim breached law in greenwashing row
2 Apr 2026
By Shannon Morris-Williams | Fonterra has admitted its “100% New Zealand grass-fed” claims on Anchor butter were misleading and breached the law, settling a case brought by Greenpeace Aotearoa over packaging used between December 2023 and April 2025.
Mercury signs major hydro upgrade programme with ANDRITZ
Thu 23 Apr 2026
Media release | Mercury has signed a contract with international technology group ANDRITZ as part of a $590 million upgrade of three of the nine hydro stations on the Waikato River.
NZ prepares to join ‘gold rush’ for white hydrogen
25 Mar 2026
By Pattrick Smellie | New Zealand may be close to commercialising the capture and use of naturally occurring ‘white’ hydrogen, with investment plans for developments in the Wairarapa region picking up pace in response to spiralling oil prices.
Storms hitting New Zealand every eight days
Thu 23 Apr 2026
By Shannon Morris-Williams | Storms are now striking New Zealand nearly every week, with new data showing a sharp rise in frequency and intensity as the country reels from repeated flooding and extreme weather events.
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.
Environmental groups sue Trump administration over approval of new ultra deep-water drilling project
Thu 23 Apr 2026
Environmental groups sued the Trump administration on Monday over its approval last month of oil company BP’s ultra deep-water drilling project in the Gulf of Mexico.
Tehran will never cede control of Strait of Hormuz, senior Iranian politician tells BBC
21 Apr 2026
"Never." That's when a senior Iranian lawmaker says they'll be ready to give up their control of the Strait of Hormuz.
Climate risks could reshape business finances, new guidance warns
15 Apr 2026
By Shannon Morris-Williams | New guidance warns climate change is set to fundamentally reshape financial outcomes for businesses, including difficult-to-model climate “tipping points” – irreversible changes such as ice sheet collapse or ocean circulation shifts – which threaten severe and sudden financial impacts.
Climate pollution static but NZ still on track for first emissions budget, says MfE
17 Apr 2026
By Liz Kivi | New Zealand is still on track to meet its first emissions budget, according to the Ministry for the Environment, despite the pace of emissions reductions slowing to a standstill.
Announcements expected soon on $200M gas fund
Fri 24 Apr 2026
By Pattrick Smellie | Fossil fuel companies appear likely to take up a $200 million government fund to encourage additional oil and gas exploration, dashing lobbyist Business New Zealand’s hopes that it might be repurposed to underwrite industrial electrification.
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.
Pacific Islands call for fossil fuel phase-out, NZ hangs back
Thu 23 Apr 2026
By Liz Kivi | Pacific Islands nations have launched a landmark declaration for a Fossil Fuel Free Pacific, calling for a Fossil Fuel Treaty and urgent phase-out of fossil fuels, however New Zealand isn’t rushing to join the call.
Kiwis overly optimistic about state of environment
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.
‘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?
Thousands protest in Germany urging faster shift to renewable energy, amid Iran war
20 Apr 2026
Thousands of people demonstrated across Germany on April 18, urging a faster shift to renewable energy and accusing conservative Chancellor Friedrich Merz’s coalition of putting the brakes on the transition.
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.
Environment ministry straining under pressure of reforms and potential disestablishment
15 Apr 2026
The ministry responsible for New Zealand’s most significant resource management reform in a generation is doing so under institutional strain, compressed timeframes, and an uncertain future – including its own potential disestablishment.
Timaru’s buses go fully electric
Thu 23 Apr 2026
By Shannon Morris-Williams | Timaru’s bus service is set to go fully electric with the rollout of 10 new vehicles, marking a major step in cutting emissions and advancing Canterbury’s low-carbon public transport network.
The one-million whale climate solution: 6000-mile voyage launches to audit ocean carbon sinks
Today 11:15am
Media release: Pacific Whale Fund | An unprecedented, multi-year ocean expedition launches this week to lay the scientific and legal groundwork for recognising the recovery of whale populations as a vital climate solution across the Pacific.
Media round-up
17 Apr 2026
In our round-up of climate coverage in local media: The fuel crisis is a chance for government to reduce greenhouse gas emissions, what would it take to tap into New Zealand's oceans energy, and which political parties would subsidise your rooftop solar panels?
Carbon trading schemes cut more emissions than carbon taxes, according to global study
20 Mar 2026
By Shannon Morris-Williams | Carbon trading schemes are more effective than carbon taxes at reducing emissions, cutting fossil fuel use, and accelerating the shift to renewable energy, a global study has found.
AI surge gives carbon capture a new push
15 Apr 2026
Technology that captures carbon emissions from power plants may finally get a breakthrough as deep-pocketed tech companies try to meet climate goals while powering the AI race.
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.
Electric car sales soar 51% in mainland Europe as Iran war drives up fuel prices
Wed 22 Apr 2026
Buyers’ interest in electric cars has risen across Europe since the start of the war in Iran in late February, as the rising cost of petrol highlights the cheaper power available from a plug.
India walked away from its bid to host COP33 – here's why
16 Apr 2026
India has quietly abandoned its bid to host the UN's top-tier climate conference COP33, marking a shift from PM Narendra Modi's pledge in 2023. Experts and analysts explore what's behind the decision.
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.
Extreme weather in Wellington ‘a different beast’
21 Apr 2026
By Liz Kivi | Climate scientist Luke Harrington says the small-scale but intense floods which have slammed the capital in recent days are the kind that intensify most rapidly in a warming climate – and are the hardest to predict.
Scientists forecast wildfire risk for species survival under climate change
Fri 24 Apr 2026
A new study warns climate change could increase the global area susceptible to wildfires in the future, putting many more species at risk than today.
Record 165 GW of wind power capacity added in 2025, led by China, report says
Wed 22 Apr 2026
The global wind industry installed a record 165 gigawatts of new capacity last year, up 40% from 2024 and mostly driven by China, a report by the Global Wind Energy Council said, adding this still lagged the pace needed to hit a key climate goal.
