Topics tagged with 'NZ ETS'
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.
Greens: Climate change biggest issue world has faced
3 Jun 2014
"They used to call climate change the biggest issue of our time; more recently, I've heard it described as the biggest issue of all time." Green Party co-leader RUSSEL NORMAN on why his party will replace the Emissions Trading Scheme with a carbon tax:
Angry iwi to file carbon prices Treaty claim
30 May 2014
A $600-million Treaty of Waitangi claim over the Government’s climate change policies and carbon prices is to go ahead.
Foresters could have arbitrage case, says expert
30 May 2014
A litigator turned forest manager says that the Government’s surprise move to close an arbitrage loophole for forest owners could be legally challenged.
Foresters threaten to pull out of ETS
23 May 2014
Participation by forestry in the Emissions Trading Scheme will come to a sudden halt because the Government has shown it will change the rules at the drop of a hat, industry sources say.
Government took easy option on forest credits
23 May 2014
The Government feared that an “arbitrage loophole” allowing forest owners to move in and out of the Emissions Trading Scheme could cost it up to $231 million over the next two years.
NZUs trade up on back of forestry announcement
19 May 2014
The main regular supply of NZUs dried up on Friday, after the Government announced that post-1989 forest owners could not de-register (and re-register) with ERUs, effective immediately. OMFinancial reports:
Maori unhappy about having to back carbon move
16 May 2014
The Maori Party says it is being forced against its will to support Government moves to stamp out arbitrage by one sector of the carbon market.
Surprise forest credits move sees market rise
16 May 2014
The domestic market traded up this morning on news that the Government plans to stop owners of post-1989 forests from using Kyoto credits to meet exiting obligations.
Govt explains arbitrage actions
16 May 2014
The Government says it is targeting post-1989 forest owners with its anti-arbitrage moves because it is the only sector that can move in and out of the Emissions Trading Scheme.
Offsets flow from China, Ukraine and Russia
16 May 2014
China, the Ukraine and Russia continue to be the major source of offsets entering the European Emissions Trading Scheme, latest figures show.
New book lifts the lid on what went wrong with Labor and climate change
16 May 2014
A book released this week documents the failings of the Australian Labor government between 2007 and 2013 in tackling climate change.
Early carbon auctions unlikely, says Government
9 May 2014
The Government says it is unlikely to auction carbon units before 2016.
Abbott's emission scheme seen as short-term fix
2 May 2014
Australia’s $2.5 billion Emissions Reduction Fund has been described as “Nero’s fiddle”.
At last, we're moving on wood carbon rules
24 Apr 2014
New Zealand is finally moving to recognise carbon stored in wood products – two years after it could have done so.
Householders doing their bit in Australia
24 Apr 2014
The latest review of Australia’s energy-saving appliance scheme has delivered a rare trifecta: a good news story for the economy, the community and the environment.
National driving climate change, say Greens
17 Apr 2014
New Zealand's latest Greenhouse Gas Inventory submitted to the UN confirms National’s policies are driving climate change, the Green Party says.
Climate academic to speak on European policy
11 Apr 2014
The role of small countries in leading climate policy will be discussed in Wellington on Monday.
ETS officials talking to Korea and Thailand
4 Apr 2014
NEW ZEALAND is working on ways to link with emerging carbon markets in Korea and Thailand.
Profit comes before environment, says Act leader
4 Apr 2014
NEW Act Party leader Jamie Whyte says that businesses have no obligation to the environment.
Europe puts off decision on aviation emissions
4 Apr 2014
EUROPE has postponed action to regulate international aviation emissions.
No-action Abbott stalls climate policy decisions
4 Apr 2014
By PROF NICK ROWLEY.- In Australia, any sense of the need for an urgent policy response has stalled, despite this week’s reminder from the IPCC of the threats the country faces – not to mention the warming already seen and the increase in extreme climate events.
Our ETS is working ... but is it effective?
4 Apr 2014
IS THE Emissions Trading Scheme working and will it be more effective after the forthcoming election?
We need a price target range, says forest expert
28 Mar 2014
A LEADING forestry services executive is calling on the Government to set a target range for carbon prices.
Carbon price breach of rights, says Maori leader
21 Mar 2014
Maori Party co-leader Tariana Turia has weighed into the row over low carbon prices, describing the loss of value of credits given to Maori in Treaty of Waitangi settlements as a breach of human rights.
Post-89 emissions returns trickle in
21 Mar 2014
Only a quarter of post-1989 forest owners registered in the Emissions Trading Scheme have submitted their 2013 emissions returns.
Key talks environment in China
21 Mar 2014
The Prime Minister has been talking about the environment with his Chinese counterpart.
Foreign airlines should pay, say Europe lawmakers
21 Mar 2014
Flights to and from Europe should not be exempted from Europe’s emissions trading scheme, the Environment and Public Health Committee of the European Parliament says.
Carbon sector wants Europe to act
21 Mar 2014
Carbon traders and investors are calling on Europe to reach a clear and early political agreement on the 2030 climate and energy framework.
Why business needs to know climate change laws
21 Mar 2014
The number of climate change laws on the statue books of the world’s leading economies grew from less than 40 in 1997 to almost 500 at the end of 2013 SAM FRANKHAUSER, co-director of the Grantham Research Institute at the London School of Economics, reports:
NZUS bounce of $2.90
17 Mar 2014
Spot NZUs closed at $3.00 Friday after starting the day lower. OMFianncial reports:
Farmers remain free of emissions obligations
14 Mar 2014
The Government is all but ruling out making agriculture responsible for its greenhouse gas emissions next year.
Ardern: 'We must not give up on 1.5'
Today 11:30am
By Shannon Morris-Williams | Former prime minister Dame Jacinda Ardern says the world must not abandon the Paris Agreement’s 1.5°C goal, warning that a decade on from COP21 “too many of the debates we thought were settled are still being had.”
'Little to be hopeful about' – NZ scientists caution ahead of COP30
Today 11:30am
By Shannon Morris-Williams | Record heat, worsening climate impacts and global backsliding on emission reduction commitments have left some New Zealand climate experts with little optimism as COP30 approaches.
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.
Celebrities slam mining plans
Tue 28 Oct 2025
Actor Sam Neill has slammed plans for a gold mine in Otago, while Denniston Rose author Jenny Pattrick is backing a petition that would stop a coalmine on the West Coast.
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.
Taxonomy seen as key to shaping NZ’s voluntary nature credit market
Thu 30 Oct 2025
By Shannon Morris-Williams | Experts say aligning the New Zealand Sustainable Finance Taxonomy with the development of voluntary nature credit markets could strengthen credibility, streamline investment, and support high-integrity environmental outcomes.
Experts say Bill Gates is not a friend to the planet, following recent call to change focus on climate
Today 11:30am
Ahead of COP30, Gates calls for a shift in focus away from near-term emissions goals. Experts say that’s dangerously misguided.
‘Plain old dull’: NZU market continues to limp sideways
24 Oct 2025
By Liz Kivi | The NZU market has been “plain old dull” in recent months, with activity driven mainly by credit opportunities or a specific need to raise cash, according to Lizzie Chambers of trading platform Carbon Match.
Genesis doubles down on Huntly as renewables ramp up
24 Oct 2025
Genesis Energy is doubling down on Huntly’s role as New Zealand’s energy backstop while accelerating one of the country’s largest pipelines of new renewable generation.
The merchants of doubt are back
3 Sep 2025
OPINION: If you don’t follow climate policy closely, you might not know that the Trump administration is launching an effort to overturn one of the most fundamental pillars of American climate policy.
$235 billion worth of NZ buildings exposed to flooding
Thu 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.
Carbon Finance Program upscales efforts to close climate investment gap in climate vulnerable nations
22 Oct 2025
Media release | The Climate Vulnerable Forum and its V20 Finance Ministers (CVF-V20) will work with the Voluntary Carbon Markets Integrity Initiative (VCMI) to upscale the Carbon Finance Program in reach and impact, supporting more climate-vulnerable countries to host high-integrity carbon projects that yield tangible climate, nature, and sustainable development benefits.
All carrot, no stick for farmers on methane
17 Oct 2025
By Pattrick Smellie | COMMENT: The abandonment of methane emissions pricing and the adoption of a weaker target is effectively the last nail in the coffin of the historic cross-parliamentary consensus embedded in the Zero Carbon Act 2019.
Lake Onslow battery project set for revival?
Wed 29 Oct 2025
A newly formed private consortium has emerged with plans to finance and build the massive Lake Onslow pumped-hydro project, despite the coalition government’s decision to abandon the scheme.
From nuisance to crisis: New report on pest wasps In Aotearoa
24 Sep 2025
Media release: Moths and Butterflies NZ Trust | Just published is the Final Report of the Pest Wasps Survey carried out by the Moths and Butterflies of NZ Trust (MBNZT) offering a comprehensive look at New Zealanders’ awareness, experiences, and attitudes toward wasps and the growing ecological, health, and social issues associated with them.
Media round-up
Today 11:30am
In our round-up of climate coverage in local media: A controversial seabed mining project could lead to sediment flows knocking over rigs and damaging wind turbines; weather-related insurance claims climb; and is the government playing Russian Roulette with our future over methane targets?
NZ marine heatwaves could double in intensity under high-emissions pathway
16 Oct 2025
By Shannon Morris-Williams | New projections show marine heatwaves will grow more intense around the North Island and more frequent around the South Island as the climate warms – raising risks for fisheries, aquaculture, coastal ecosystems and tourism.
Foresta welcomes Government support for Kawerau plant
Thu 30 Oct 2025
By Diane McCarthy, Local Democracy Reporter | A $9 million Government boost to wood energy production has been welcomed by a company with its sights set on building a torrefied wood pellet plant in Kawerau.
Oil firm TotalEnergies made misleading green statements, court rules
Tue 28 Oct 2025
A French oil company engaged in “misleading commercial practices” about the scope of its environmental commitments, a court has ruled.
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.”
Developing countries will need US$310 billion annually for climate adaptation by 2035
Today 11:30am
Media release - UN Environment Programme: Slow climate adaptation is threatening lives and economies.
No major banks have yet committed to stop funding new oil, gas and coal, research finds
24 Oct 2025
‘The objectives of the Paris agreement are slipping further out of reach,’ say researchers.
Look out for these 8 big ag greenwashing terms at COP30
Tue 28 Oct 2025
Food and farming companies will claim agriculture is the solution to the climate crisis at the Brazil summit — even though food drives a third of global warming.
Coal imports up 650%
12 Sep 2025
By Shannon Morris-Williams and Liz Kivi | Coal imports are up 650% as generators stockpile the most polluting fossil fuel ahead of next winter.
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.
Vero warns losses to rise 26% by 2050 over extreme weather
Wed 29 Oct 2025
By Shannon Morris-Williams | Extreme weather could drive a 19–26% spike in annual insurance losses by 2050, fuelled by rising seas and more intense flooding, according to Vero’s latest Climate-Related Disclosures Report.
Will NZ walk away from the Paris Agreement?
20 Dec 2024
By Geoff Bertram | COMMENT: Unless the government can find very cheap offshore mitigation, the temptation to walk away from its Paris Agreement obligations may well be too strong to resist for a coalition government focused on fiscal austerity.
Judge says Greenpeace must pay $345 million in pipeline lawsuit, cutting jury amount nearly in half
Today 11:30am
A North Dakota judge has ordered Greenpeace to pay damages of $345 million, reducing an earlier jury award after it found the environmental group and related entities liable for defamation and other claims in connection with protests of an oil pipeline nearly a decade ago.
Nelson commuters urged to ditch car once a week
22 Oct 2025
By Max Frethey, Local Democracy Reporter | Nelson has a bold carbon emission reduction target and residents are being encouraged to leave the car at home one day a week to help meet it.
Global oil demand won't peak until 2032, Wood Mackenzie report says
Today 11:30am
“Global oil demand will not peak until 2032, two years later than earlier thought, consultancy Wood Mackenzie said in a report on Wednesday that blames continued momentum in the use of hydrocarbons for transport and petrochemicals.”
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.
Climate impacts hit NZ with increasing wild weather
23 Oct 2025
By Liz Kivi | New Zealand is facing a triple whammy of climate impacts today, with severe winds and rainfall predicted for much of the country while some areas are still dealing with wildfires ignited earlier in the week.
‘Weird and sad’ – Tuvalu Climate Minister condemns NZ halving methane target
15 Oct 2025
By Liz Kivi | Dr Maina Talia, Tuvalu’s Minister for Home Affairs, Climate Change, and Environment, says he’s surprised at New Zealand’s decision to weaken its target for reducing methane emissions – and is planning to take up the issue with his counterpart Climate Minister Simon Watts this week.
Lobby group launches ‘blueprint’ for ocean management reform
18 Sep 2025
The Environmental Defence Society yesterday released its plan to tackle widespread ecological decline in our oceans.
FMA grants temporary 'no action' relief for for firms set to exit climate reporting regime
Wed 29 Oct 2025
The Financial Markets Authority has announced it won't take action against companies expecting to fall out of mandatory climate reporting obligations, if they fail to lodge climate statements while the law changes are pending.
Judge dismisses suit by young climate activists against Trump’s pro-fossil fuel policies
17 Oct 2025
Plaintiffs had ‘overwhelming evidence’ of climate crisis but a court injunction would be ‘unworkable’, ruling says.
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.
The Yangtze River is becoming the world’s largest electrified trade corridor
Thu 30 Oct 2025
The Gezhouba, a new 13,000-ton all-electric bulk carrier launched in Yichang, is more than a technical milestone. It is a sign that the electrification of inland shipping is moving from concept to inevitability.
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.
Climate scientists and republican lawyers are taking aim at Big Tech’s emissions
17 Oct 2025
Technology companies have long been one of the biggest investors in clean energy, but new accounting rules could upend that.
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.
How ‘vehicle-to-grid’ technology could boost China’s electricity system
Today 11:30am
China’s surging electric vehicles ownership – now exceeding 25.5m – is opening the door to a new technology that can help to enhance the flexibility of electricity supply.
Fix it, don't ditch it: University of Auckland hosts first Repair Cafe
9 Oct 2025
Media release - Auckland University | The University's first-ever Repair Cafe is bringing students and staff together to give broken items a new lease on life, while promoting a culture of repair and reuse.
Council buys dairy farm to help clean up Lake Rotorua
21 Oct 2025
Bay of Plenty Regional Council has bought a 266-hectare dairy farm in the Lake Rotorua catchment and plans to retire it from production to reduce nitrogen entering the lake.
Adaptation plan at odds with public sentiment: survey
21 Oct 2025
By Liz Kivi | The Government’s position on climate adaptation buyouts shows a disconnect with public opinion, according to survey findings from insurer Suncorp NZ.
‘Damp squib’ – Govt energy plan slammed for locking in fossil fuels
2 Oct 2025
By Shannon Morris-Williams | Critics across business, climate groups and the opposition say the Government’s electricity reforms duck structural change, double down on LNG and gas, and offer little relief for soaring power prices – warning of an “expensive white elephant", deeper energy poverty and a missed chance to scale renewables.
