Topics tagged with 'NZ ETS'
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.
Europe rejects ETS reform proposal
19 Apr 2013
The European Union’s flagship scheme for cutting carbon emissions suffered one of the most serious setbacks in its chequered history this week when members (MEPs) voted against a proposal to shore up the price of carbon in the Emissions Trading System.
Carbon returns build to June cut-off
12 Apr 2013
Nearly a third of post-1989-forest owners have filed carbon returns for last year.
China outlines carbon trading road map
28 Mar 2013
China has laid out an ambitious road map to reduce emissions by 40-45 per cent by 2020, including the world’s largest national carbon trading scheme.
NZUs look good as carbon prices rise
22 Mar 2013
Carbon has started edging up, prompting traders to recommend buying NZUs.
Carry-over of Kyoto units not what’s wanted
22 Mar 2013
The first commitment period of the Kyoto Protocol ended on December 31.
Price steady after overnight spike
15 Mar 2013
After a lack of support throughout the week, the December 2013 EUA - touching lows of €3.45 overnight - spiked up to €4.23 before settling at €3.70.
NZU supply tight
15 Mar 2013
NZU trading remains sporadic, as switching flow dictates price action, says Westpac.
Steel mill, smelter top free credits list
1 Mar 2013
The Glenbrook steel mill and the Bluff aluminium smelter were the big winners in last year’s hand-out of free carbon credits to industrial emitters.
Meet the ETS winners ... and losers
1 Mar 2013
Depressed, depressed, and depressed sounds like a state of mind, and for some it could well be, but indications are that the erosion of the Emission Trading Scheme as a cost effective mechanism for reducing and abating greenhouse gas emissions is real and spreading across the planet.
Brussels abuzz as carbon vote falters
1 Mar 2013
A planned European Parliament vote on fast-tracking negotiations with EU states over carbon market reform was inexplicably cancelled as rumours and counter-rumours swirled around Brussels
California credits surpass reserve price
1 Mar 2013
All of the nearly 13 million 2013 carbon credits sold at auction in California this week at above-reserve prices.
Forests emissions returns due soon
22 Feb 2013
Emissions returned for 2012 have been filed for nearly a fifth of post 1989-forests registered under the Emissions Trading Scheme.
Question for PM: UN is serious, are you?
22 Feb 2013
Green Party MP Kennedy Graham told Parliament this week that the United Nations Security Council is starting to consider climate change a serious risk.
European Parliament votes for backloading
22 Feb 2013
Lawmakers on the European Parliament’s environment committee voted by 38-25 in favour of an amendment in support of the EU’s ‘backloading’ plans for the Emissions Trading System, throwing a lifeline to the crisis-hit carbon market.
NZ carbon in race to the bottom
15 Feb 2013
As the prices of UN carbon offsets fall to new lows, the New Zealand ETS is increasingly struggling for relevance, writes Carbon Match founder Lizzie Chambers.
US stand puts Abbot on the spot
15 Feb 2013
The Australian Labor Party is using US President Barack Obama’s tough new line on climate change to launch an offensive against Opposition Leader Tony Abbot.
EPA updates trading platform
15 Feb 2013
The Environmental Protection Authority is updating the emissions trading platform.
Companies in court over cost of ETS
8 Feb 2013
By PATTRICK SMELLIE. South Island mining company OceanaGold Corp is refusing to pay for diesel it bought from Z Energy, which charged for the fuel based on a higher cost of the Emissions Trading Scheme than the New Zealand-owned company actually pays.
Gas research centre gets more funding
8 Feb 2013
The Pastoral Greenhouse Gas Research Consortium has secured funding from the agriculture sector and the Ministry of Business, Innovation and Employment to continue research to find tools for mitigating greenhouse gases.
We've become small-scale and stand-alone
8 Feb 2013
A mere 12-to-24 months ago, many in the carbon business in New Zealand believed the chances of synergising the New Zealand carbon markets with other markets, such as the emerging Australian carbon market, were good, Carbon Market Solutions says.
Key's climate change answers anger Greens
1 Feb 2013
Prime Minister John Key was challenged in Parliament this week over why he didn’t mention climate change in his outline of Government priorities for the year.
Why you should give up red meat, not flying
1 Feb 2013
People who want to have an effect on climate change would be better to give up red meat and changing lightbulbs than to stop taking flights, says a new study.
It's not all bad news from Europe
1 Feb 2013
European carbon markets trundled along sideways during their first session of the week, as no major change was recorded in spot CERs and ERUs, OMFinancial reports.
Marketing getting news-fatigue
1 Feb 2013
International prices fell sharply last night as news headlines continue to dictate the mood of the European carbon markets, Westpac reports.
ETS foe pays million-dollar carbon premium
25 Jan 2013
A company ideologically opposed to the Emissions Trading Scheme is thought to have paid $1.4 million more than it needed to to meet its carbon obligations last year.
Market reels as European carbon plummets
25 Jan 2013
International traders are dismayed at a spectacular price crash today that left the world’s biggest carbon market in disarray.
Low prices way out for pre-90 foresters
25 Jan 2013
Record-low carbon prices could see hundreds of thousands of hectares of pre-1990 plantation forest cleared or converted to post-1989 forest.
Second tranche units make an appearance
25 Jan 2013
Units from the second tranche of the pre-1990 forests allocation are starting to trickle into the market.
Airlines use ETS costs to pocket millions
25 Jan 2013
Airlines profited up to 1.36 billion euros last year by passing “imaginary” costs from the European Union Emissions Trading System on to consumers, says a new study.
Big industry claims policies unfair
25 Jan 2013
Heavy industries claim to be unfairly hit by rising energy prices caused by the EU's climate policies.
EU begins work on Australian link
25 Jan 2013
The European Commission has begun negotiations on linking the EU emissions trading system with Australia's domestic trading system.
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.
