Topics tagged with 'NZ ETS'
Animal emissions can be controlled , says report
4 Oct 2013
Wider use of available best practices and technologies could help to reduce greenhouse gas emissions from the livestock sector by as much as 30 per cent, according to a new study.
100% Pure? We're ranked at a lowly 36
27 Sep 2013
“100% Pure” New Zealand ranks at just 36th in the world when it comes to environmental sustainability, according to a new international energy report.
WEB WIRE ... news from the world of carbon
27 Sep 2013
Angela Merkel, Tony Abbott, airlines talk, IPCC leak, US trading, beating disease.
Emitters make canny use of cheap ERUs
20 Sep 2013
Canny emitters used the international glut of cheap ERUs to cut carbon liabilities last year to a fraction of previous levels.
Crunching the numbers
20 Sep 2013
Westpac takes a look at the Ministry for the Environment's 2012 Facts and Figures report on the Emissions Trading Scheme, and analyses the potential impact on prices.
We're talking ETS with Australia and Korea
6 Sep 2013
New Zealand has had discussions with Australia and Korea on the theoretical requirements involved in linking emissions trading schemes.
Labour thermal power bid fails
6 Sep 2013
A bid by Labour MP Moana Mackey to bring back the ban on new thermal electricity generation has fallen at the first hurdle.
ANALYSIS: Australians' vote will affect carbon market
30 Aug 2013
The 2013 Federal Election in Australia will have a significant impact on Australian carbon markets, regardless of who wins, Westpac says.
China’s power sector set for cleaner future
30 Aug 2013
China’s power sector is expected to go through significant changes through to 2030, according to a new report.
Experts slam 5% emissions target
23 Aug 2013
Leading climate policy and science experts say the Government’s emissions reduction target is “markedly inadequate and disappointing”.
Emissions target under fire from MPs
23 Aug 2013
The Government's 2020 emissions reduction target came under fire in Parliament this week.
Foresters in the know eye big profits
16 Aug 2013
Savvy forest owners are banking millions of NZUs in the expectation of big profits in the future.
Forest figures meaningless, say growers
16 Aug 2013
One hundred and seventy owners of post-1989 forests left the Emissions Trading Scheme last year.
Foresters opting out of ETS, says Labour
16 Aug 2013
A new report shows the gutted Emissions Trading Scheme is damaging the forestry sector, Labour’s Climate Change spokesperson Moana Mackey says.
Australia draws the battle lines
16 Aug 2013
There’s a carbon battle going on over the Tasman in the lead-up to that country’s general election.
Carbon budget essential, says council
9 Aug 2013
The Sustainability Council is launching a new push to get New Zealand into carbon budgeting.
Groser defends climate change attitudes
9 Aug 2013
This week in Parliament, Climate Change Minister Tim Groser found himself defending statements by two of his Cabinet colleagues that seem to suggest they are not entirely convinced that anthropogenic climate change is real:
California shuns linking emissions schemes
9 Aug 2013
The head of the Californian emissions trading scheme – which will ultimately become the world’s third largest – says the US state has no plans to link with Australia’s carbon price.
Aussie emitters await election outcome
9 Aug 2013
Australia's Federal election has been September 7 and the outcome will determine the fate of the Carbon Price Mechanism, but in the meantime, the business of compliance goes on. Westpac reports:
NZ eyes move to natural capital cost
2 Aug 2013
Government officials are working on ways to bring in policies recognising the economic value of New Zealand natural capital.
Climate action long overdue, says Labour
2 Aug 2013
The Labour Party says that a report by the Prime Minister’s Chief Science Adviser, Sir Peter Gluckman, must surely trigger some Government action to try to mitigate the effects of climate change.
EUAs hit three-week high
26 Jul 2013
European carbon prices are firmer across the board this week, with Dec13 EUAs, ERUs and CERs all stronger, Westpac reports.
Australia makes early move to carbon trading
19 Jul 2013
Australian households will benefit from an average $380 reduction in the cost of living next financial year after the country moves to a floating price on carbon emissions, the Rudd Government says.
Business backs shift to emissions scheme
19 Jul 2013
A significant section of business prefers an emissions trading scheme to a fixed carbon tax to cut Australia's greenhouse gases, a survey has found.
Australia agrees to help China with ETS
12 Jul 2013
Australia will help China to set up an emissions trading scheme.
Nation is green-obsessed, says farming chief
5 Jul 2013
New Zealand is obsessed with its clean, green image and our bureaucrats have an “unhealthy obsession” with nitrates, says Federated Farmers dairying boss Willy Leferink.
Parliament votes yes to backloading
5 Jul 2013
The European Parliament has voted to approve a “backloading” plan to reduce the glut of unsold carbon allowances in the EU’s Emissions Trading System.
Traders welcome European vote
5 Jul 2013
News of the backloading breakthrough is being welcomed by the world’s carbon traders.
Rudd aims to redraw carbon reduction plans
28 Jun 2013
Recycled Australian Prime Minister Kevin Rudd is rumoured to be revisiting Australia’s carbon reduction scheme.
Obama shows up NZ, say young greens
28 Jun 2013
President Obama's announcement of a United States climate plan will test whether the National Government is still at all serious about its claimed "fast follower" approach to climate change, say some of the country’s youth leaders.
Big news from the US, Australia
28 Jun 2013
There have been significant policy developments over the past week in the global emissions arena, Westpac reports.
Deadline looms for forest owners
21 Jun 2013
Forest owners have just over a week to file returns for the first commitment period of the Kyoto Protocol.
Yes, we can make steel without coal
21 Jun 2013
Our ancestors made steel without coal, so why don't we? Former Green Party co-leader JEANETTE FITZSIMONS examines the feasibility of coal-less steel:
Rivals in race to market long-haul jets
21 Jun 2013
Aviation superpowers Airbus and Boeing are battling to dominate the transcontinental jet market, each vowing to outdo the other in delivering quieter, more fuel-efficient aircraft.
Dunne decider on thermal power future
14 Jun 2013
Beleaguered MP Peter Dunne could be called on to cast the deciding vote over whether new thermal electricity generation is banned or not.
Farming in ETS is madness, says Groser
14 Jun 2013
Bringing agriculture into the Emissions Trading Scheme would be "environmental and economic madness”, says Climate Change Minister Tim Groser.
China set to roll out trading scheme
14 Jun 2013
China next week will launch an emissions trading scheme in the southern city of Shenzhen, marking its first attempt to cut emissions using market mechanisms.
Is there something we haven't been told?
14 Jun 2013
Carbon Market Solutions asks as to consider a situation now confronting many forest owners who opted into the Emissions Trading Scheme:
Profit-taking comes as no surprise
14 Jun 2013
European carbon corrected overnight, with EUAs for December 2013 delivery closing down 9 cents to €4.41, OMFinancial reports.
Scrap carbon price cap, OECD tells NZ
7 Jun 2013
The carbon price cap and free carbon credits for trade-exposed emitters should be scrapped, the OECD is telling New Zealand.
House hears ETS 'far left' debate
7 Jun 2013
This week’s OECD Economic Report on New Zealand sparked an exchange in Parliament over whether the Emissions Trading Scheme is a “far left” policy.
Trading groups make carbon market pact
31 May 2013
Global emissions trading organisation, the International Emissions Trading Association and Australia’s industry body for carbon market professionals, the Carbon Market Institute, have announced a strategic alliance.
Govt vow ‘huge news’ for foresters
24 May 2013
The Government says it is committed to the Permanent Forest Sinks Initiative.
Govt banks on low, low carbon price
24 May 2013
The Government is budgeting on a carbon price of just 24 cents a tonne for the foreseeable future.
EU set to turn climate agenda upside down
24 May 2013
Europe’s plan to decarbonise its economy by 2050 could be turned on its head at a high-level meeting today.
Free credit cash takes a cut
17 May 2013
The Government has almost halved the amount of money it sets aside to pay for free carbon credits it gives to industry.
Korea eyes ambitious carbon scheme
17 May 2013
South Korea is preparing to introduce the world's most ambitious emissions trading scheme, potentially paving the way for carbon costs as high as $90 a tonne for many of the country's key industries.
Carbon trading tax cut put on hold
10 May 2013
A 2015 tax cut in Australia associated with the carbon trading scheme will not go ahead because of the drop in the carbon price in Europe.
Worries deepen over future of ETS
26 Apr 2013
Deep uncertainty remains over the future of the Emissions Trading Scheme, according to a revealing survey of ETS participants.
IT’S OFFICIAL: Forests make way for dairying
19 Apr 2013
Government figures have confirmed what the carbon market has known for months – forests are being cleared and converted to dairy farms on the back of rock-bottom carbon prices.
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.
