Topics tagged with 'NZ ETS'
We're watching carbon prices, says Government
30 Mar 2015
The Government says it is watching carbon prices creep higher.
Memo Jo: Foresters need a bit more than praise
23 Mar 2015
Forest owners want the Government to put its money where its mouth is on sustainable forestry – and are gathering the numbers to back their case.
Foresters draw up wishlist for ETS review
16 Mar 2015
The Emissions Trading Scheme review is likely to be pushed into next year, forest owners say.
Sellers few and far between
10 Mar 2015
NZUs traded up to $6.20 on $70k yesterday as some emitters started to step into the market and mop up small sellers. OMFinancial reports:
Carbon measure puts us among worst in the world
9 Mar 2015
New Zealand’s carbon intensity is going through the roof, despite Government claims to the contrary.
Beehive breaking our climate change pledge
9 Mar 2015
Latest figures show that New Zealand is not planting enough trees to meet its climate change pledges, and a carbon forestry expert says that the Government is to blame.
Let's cut emissions, not worry about how
2 Mar 2015
Australia had an emissions trading scheme with a fixed price; it was one good way to encourage carbon cuts throughout the economy.
ETS nothing but 'words, fishhooks and traps,' says Palmer
23 Feb 2015
New Zealand’s Emissions Trading Scheme legislation is so full of “words, fishhooks and traps” that giving sound legal advice on it to businesses is almost impossible, says one of our leading legal minds.
New Zealand’s defective law on climate change, by Sir Geoffrey Palmer
23 Feb 2015
Distinguished law fellow Sir Geoffrey Palmer, QC, has been at or near the heart of our attempts to tackled climate change for nearly three decades.
Australia readies for first emissions auction
16 Feb 2015
Australia’s first Emissions Reduction Fund auction will be in April – a month later than the market expected.
EU edges toward 2018 start date for carbon reform
16 Feb 2015
European Union politicians are expected to agree on a compromise 2018 start date for reforms to the Emissions Trading System to try to bridge divisions over efforts to prop up the world's biggest carbon market.
Nats' Waitangi promise: We'll talk to Maori about climate change
9 Feb 2015
The Government has said it will work with Maori on the two big climate change/carbon pricing decisions it faces this year – the post-2020 emissions reduction target and the review of the Emissions Trading Scheme.
Iwi leaders lose climate change champion
9 Feb 2015
One of New Zealand’s most influential leaders on climate change has died.
Climate debt grows as Australia messes about
9 Feb 2015
Policy procrastination over climate change is costing Australia money, a new analysis shows.
Trading will be back, say Australian businesses
2 Feb 2015
Most Australian businesses believe the country will return to an emissions trading scheme or a carbon tax by 2020.
Carbon pricing the challenge for the future
2 Feb 2015
The concept of carbon pricing as a tool to combat climate change is broadly accepted by the international community. But at what price, and under what conditions?
Carbon prices hit two-year high
27 Jan 2015
New Zealand carbon is at its highest price in more than two years.
Government stays quiet on emission trading plans
27 Jan 2015
The Government still isn’t talking about this year’s scheduled review of the Emissions Trading Scheme.
English goes silent on carbon deficit costs
15 Dec 2014
The Government is refusing to discuss what impact a 2030 carbon deficit will have on the economy – despite warnings from Treasury.
Carbon trade in Beijing tops 100 million yuan
15 Dec 2014
Carbon trade volume in Beijing has reached 105 million yuan ($NZ21.8 million) since a carbon emissions trading scheme was launched in the city a year ago.
The country needs a carbon budget, says pressure group
8 Dec 2014
A climate change lobby group is calling for a national carbon budget and legally binding emissions reduction targets.
Memo farmers: Learn to manage your methanotrophs
1 Dec 2014
Farmers could cut their future exposure to carbon prices by looking after the methanotrophs in their soils, a soil scientist says.
Mighty River contests paying for carbon units
1 Dec 2014
MightyRiverPower has claimed in the High Court that it shouldn’t have to pay for carbon units issued for years prior to the start of its contract with New Zealand Carbon Farming in 2013, which it entered as part of its effort to offset emissions from electricity generation.
Climate change too far down Labour's list
24 Nov 2014
By editor ADELIA HALLETT.- New Labour Party leader Andrew Little appears to rank climate change only slightly more importantly than does Prime Minister John Key.
Australia’s coal and gas exports being left stranded
24 Nov 2014
The United States and China have announced goals to reduce emissions by 26 per cent to 28 per cent and to cap emissions by 2030 respectively.
NZUs bubble at $4.30
24 Nov 2014
We continue to bubble around $4.3,5 with not much pushing it either way at present. OMFinancial reports:
NZ market lacklustre - for now
11 Nov 2014
NZUs were unchanged yesterday, and the market was completely lacklustre. OMFinancial reports:
Our emissions plan hopeless, says renowned academic
3 Nov 2014
New Zealand has no chance of meeting its 2020 emissions reduction target under current policies, says a leading scientist involved in the latest IPCC report.
At last, there's a glimpse of an ETS in Australia
3 Nov 2014
With the passage of the Emissions Reduction Fund through the Senate last week, Australia's federal government has taken a step toward achieving the country's minimum target to reduce greenhouse gas emissions to 5 per cent below 2000 levels by 2020.
Emissions register has a new look
28 Oct 2014
The Environmental Protection Authority is making the national emissions register more user-friendly.
Anxious foresters await review of foreign credits ban
13 Oct 2014
A controversial decision to make foresters the only emitters banned from using cheap foreign carbon credits to offset their greenhouse gas emissions is under review.
VOILA! A simple new way to put a price on global carbon
13 Oct 2014
A team of French academics has proposed an international carbon trading system, whereby countries with the highest average CO2 emissions pay the most.
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?
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.
