Topics tagged with 'NZ ETS'
MIA ... but it doesn't mean China's not interested
29 Sep 2014
There were a few notable absentees among the more than 120 world leaders gathered in New York for last week's United Nations Climate Summit - and perhaps most notable of all was the head of the world’s highest-emitting nation, China’s President Xi Jinping.
Do something, big business warns political leaders
29 Sep 2014
Many of the biggest hitters in the global financial community, together managing an eye-watering $24 trillion of investment funds, have issued a powerful warning to political leaders about the risks of failing to establish clear policy on reducing greenhouse gas emissions.
New market pact keeps Australians on the ball
29 Sep 2014
Australian businesses wanting to keep up to date with the international carbon market during their country’s retreat from carbon pricing have formed a new regional agreement.
Clear skies for aviation industry, says Boeing report
29 Sep 2014
The business outlook for civil aviation is bright thanks mainly to rising Asian demand for aircraft. But airlines are expected to have a harder time, with tougher competition in Europe leading to a consolidation of the sector, according to the latest industry forecast.
China goes up a gear but still has a lot of work to do
22 Sep 2014
In the lead-up to the UN leaders’ summit on climate change (http://www.un.org/climatechange/summit), China is shifting up a gear in its drive towardsnational emissions trading.
It's simple ... either you believe, or you don't
16 Sep 2014
By editor ADELIA HALLETT.- Voters in this weekend’s general election face a simple choice when it comes to climate change – you either believe it is a real and massive problem requiring transformation of the economy, or you don’t.
NZ needs to be in China now, says carbon trader
8 Sep 2014
New Zealand should be knocking on China’s door now if it wants to exploit huge potential from that country’s apparent determination to put a national emissions trading scheme in place in 2016, says a leading local carbon trader.
We've got the world's lowest carbon prices
8 Sep 2014
New Zealand has the lowest carbon prices in the world, the World Bank says.
Worried carmakers force Korea ETS changes
8 Sep 2014
Korea’s booming car industry appears to have won over the government in the country’s latest road map for emissions reduction.
Labour vows to scrap emitters' one-for-two deal
1 Sep 2014
The one-for-two deal that halves emitters’ carbon liabilities would be scrapped by a Labour government.
Forest owners welcome return of grant scheme
1 Sep 2014
Forest owners are welcoming the reinstatement of the Afforestation Grant Scheme – but say that lifting carbon prices would reverse deforestation overnight.
Foresters like look of climate commission
1 Sep 2014
Forest owners like the Labour Party's plan to set up an independent climate commission.
Aviation a microcosm of the emissions problem
1 Sep 2014
No matter what the aviation industry does to reduce emissions, it will be outweighed by growth in air travel, according to a new analysis.
Labour vows to act on agriculture by 2016
25 Aug 2014
There is bad news for farmers, and good and bad news for industrial emitters under Labour’s climate change policy, released yesterday.
European carbon prices look set to rise
25 Aug 2014
An international energy market watcher is predicting price rises in European carbon.
Experts pinpoint what emissions cost economy
18 Aug 2014
For the first time, economists have put a financial cost on the impact of greenhouse gases released by the industrialisation of developed countries.
The climate change world according to Piketty
18 Aug 2014
French economist widely debated Thomas Piketty and his book Capital in the Twenty-First Century are a global publishing phenomenon. But while Piketty’s writing on wealth inequality has been widely debated, far fewer people know that he has some useful things to say about climate change and public capital.
Greens have a tempting carbon tax idea
11 Aug 2014
A carbon price is still the best and fairest way to achieve emissions cuts, but as Australia and New Zealand show, it’s not easy to get it right. How could carbon pricing be improved?
NZ gifts Rio Tinto $6m free carbon credits bonus
4 Aug 2014
The company that threatened to leave New Zealand if it introduced the Emissions Trading Scheme has had a $6 million windfall from taxpayers in the form of free carbon credits.
Frustrated forest owners quit trading scheme
4 Aug 2014
More than 750 owners of post-1989 forests left the Emissions Trading Scheme over the past year as New Zealand’s net forestation rate plummeted.
Low surrender shows emitters using foreign units
4 Aug 2014
Just 0.5 per cent of the more than 45 million carbon units surrender for the 2013 emissions year were our home-grown units.
Economist rubbishes Govt's $500 power cost claim
4 Aug 2014
Government claims that lifting carbon prices would cost householders $500 more a year in electricity bills have been debunked.
Foreign foresters might sue over ETS changes
1 Aug 2014
New Zealand might face claims under free-trade agreements for losses caused as a result of changes to the Emissions Trading Scheme.
Shorten pleads for G20 to talk climate crisis
25 Jul 2014
Australian Opposition leader Bill Shorten has taken his battle with Prime Minister Tony Abbott over climate policy to an international stage, saying the issue should be a priority for the G20 leaders' meeting in Brisbane.
Europe lacks courage on energy targets
25 Jul 2014
In proposing a 30 per cent rather than a 40 per cent energy demand reduction target, the European Commission is increasing the risks that European Union member states face from fossil-fuel dependence and slowing the economic and social benefits of better insulated homes and lower energy bills.
Quiet end to week
25 Jul 2014
The week ended quietly, with the overall market unchanged. OMFinancial reports:
It's all eyes on the election
25 Jul 2014
New Zealand has had a quiet week, with the market slowly softening as volumes come to market in small parcels, says Westpac's carbon desk.
Carbon tax repeal could leave businesses marooned
18 Jul 2014
In the short term, the repeal of Australia's carbon tax, passed in the Senate yesterday, may provide some relief for businesses and households as electricity bills fall — although possibly not as much as official estimates.
Study shows Australian emissions cuts were working
18 Jul 2014
Carbon emissions in Australia’s national electricity market would have been 11 to 17 million tonnes higher if Australia had not introduced a carbon price.
ETS pay-off puts millions into climate projects
18 Jul 2014
The sale of carbon credits for the first time will finance projects that help to tackle climate change.
Billions in money pot could unlock clean energy deal
11 Jul 2014
Europe’s structural funding cash pool for energy efficiency and renewables projects has soared by 40 per cent to an estimated $NZ46 billion and could be used to broker a 2030 clean energy targets deal with cost-concerned east European states, EurActiv reports.
Australian farmers led astray on carbon farming
11 Jul 2014
Australian farmers and rural land owners are being told that they will be given powerful and direct incentives to store carbon in the land under the federal government’s new climate policy.
NORMAN: The longer we wait the more it will cost
11 Jul 2014
By RUSSEL NORMAN, Green Party co-leader.- Thanks to Federated Farmers’ incoming president William Rolleston for taking the time to write about the Green Party’s Climate Tax Cut in last week’s Carbon News.
Why carbon tax proposal won't work
4 Jul 2014
Newly elected Federated Farmers' president Dr William Rolleston explains why he thinks the Green Party's carbon tax proposal is not a runner:
Foresters leave scheme
27 Jun 2014
Forty-seven participants left the Emissions Trading Scheme over the past year.
Millionaire miner rocks Canberra carbon camp
27 Jun 2014
Australia’s emissions trading scheme is on again. Maybe.
No worries, says Bridges, the world loves us
27 Jun 2014
Associate Climate Change Minister Simon Bridges says New Zealand’s is respected internationally for its action on climate change.
Carbon tax won't fix troubled ETS, says report
27 Jun 2014
New Zealand's emissions price beacon is "obscured in the fog of policy uncertainty", but dumping it in favour of a carbon tax isn't the only way to fix it, say Motu Research's Catherine Leining and Suzi Kerr.
Australian Senate likely to pass carbon tax repeal
27 Jun 2014
The bill to repeal Australia’s carbon tax is poised to pass the Senate, potentially leaving Australia without a working price on carbon.
Market watchdog welcomes Palmer move
27 Jun 2014
An international carbon market watchdog is welcoming Australian politician Clive Palmer's shift on climate change.
Carbon tax call is all about playing politics
20 Jun 2014
By CHARLES ETHERINGTON, Warren Forestry Ltd.- The Greens are giving the impression of being ahead on the topic of a carbon tax versus the Emissions Trading Scheme, but, as usual, they are actually behind and just playing politics.
Abbott climate call gets cool reception here
13 Jun 2014
New Zealand appears unenthusiastic about our Tasman neighbour’s plans to form a conservative alliance on climate change.
Why we need clear emissions-reduction reporting
13 Jun 2014
STEPHEN KNIGHT-LENIHAN, JULIA HARKER and PRUE TAYLOR argue for transparent emissions-reduction reporting, in the same way that we report on the share market and exchange rates.
Let's get back to ETS basics, says Internet leader
6 Jun 2014
New Internet Party leader Laila Harre is no fan of the Emissions Trading Scheme
How China changes could leave coal a stranded asset
6 Jun 2014
By ALEX KIRBY.- Analysts believe that China − the world’s largest producer and consumer of coal, accounting for almost half of global consumption − could be close to making an abrupt and drastic change of tack.
EU members abandon new-energy plans
6 Jun 2014
Most EU member states are virtually abandoning plans to develop new energy and fuel saving policies that could save the public money and reduce dependency on Russian gas, thanks to weak European climate targets that are likely to be overshot, according to new analysis.
Carbon world roundup
6 Jun 2014
Westpac's carbon desk takes a look over events in the world of international carbon.
ETS more workable than carbon tax, says Labour
3 Jun 2014
Labour says that it will be easier to lift carbon prices under the Emissions Trading Scheme than under a carbon tax, as proposed by the Greens.
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 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.
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.
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.
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.
Australian Government wants EV, PHEV owners to start sending power to the grid
Mon 15 Dec 2025
The newly announced Vehicle-Grid Network is part of a plan to establish Australia as a leader in vehicle-to-grid technology.
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.”
Analysis: Why COP30’s ‘tripling adaptation finance’ target is less ambitious than it seems
5 Dec 2025
One of the headline outcomes to emerge from COP30 was a new target to “at least triple” finance for climate adaptation in developing countries by 2035.
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.
TotalEnergies loses in Paris court, marking a turning point for fossil fuel truth-in-advertising
5 Nov 2025
TotalEnergies was found to have misled consumers about its role in the energy transition.
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.
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.
Govt green lights rural recycling scheme
4 Dec 2025
The Government has approved new regulations to bring rural waste schemes under one unified framework.
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.
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.
Study provides a step-change in understanding NZ’s groundwater
28 Nov 2025
Media release | Earth Sciences New Zealand has developed a world-first National Groundwater Age Map and a powerful suite of tools to support the sustainable management of our hidden groundwater resources, from national through to local scales.
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.
