Topics tagged with 'NZ ETS'
Greens accuse Nats of breaking promises
23 Nov 2012
The National Government has broken two election promises it made to act on climate change, the Green Party says.
Market leaders grab cheap credits
23 Nov 2012
Some of the companies that have complained loudest about the EU's environmental measures are using the zone’s Emissions Trading System to give money to rivals in other countries instead of cutting their own greenhouse gas emissions, it has emerged.
Australia happy trading scheme is working
23 Nov 2012
The Australian experience since the July launch of its emissions trading scheme had proved positive, a senior diplomat has told corporate leaders meeting in Brussels.
Expect pressure on prices
23 Nov 2012
European carbon was steady overnight as the market absorbed another 4.5 million units auctioned by governments.
Plans to reduce supply in world's largest market
23 Nov 2012
International prices have traded sideways following last week’s back-loading proposal announced by the European Commission.
We've got it wrong, says market expert
16 Nov 2012
Market instruments are the only viable way of reducing the world’s greenhouse gas emissions – but the New Zealand scheme is currently failing, an international expert says.
We'd sign with Kyoto, promises Labour
16 Nov 2012
A Labour Government would sign up to the second commitment period of the Kyoto Protocol.
EU climate chief demands action
16 Nov 2012
European Union member states must reach agreement before the end of the year on a stop-gap measure to tackle the virtual collapse of the bloc’s main instrument for cutting carbon emissions, a senior EU official says.
If the world burns, we burn
16 Nov 2012
A number of comments made by the public about the Government's decision to not sign up to the second commitment period of the Kyoto Protocol appear to be made from a position of lack of understanding of the global atmosphere, including the complex processes which the atmosphere undergoes, Carbon Market Solutions says.
SOE moves into Australian carbon market
9 Nov 2012
A State-owned enterprise is registering to operate in the Australian carbon market.
Bill dumps agriculture on backburner
9 Nov 2012
Agriculture is out of the Emissions Trading Scheme indefinitely.
National MP questions the science
9 Nov 2012
A Government MP who shouted “where’s the science?” during the debate on changes to the Emissions Trading Scheme this week says he’s no climate-change denier.
Carbon hovers above historic lows
9 Nov 2012
Very little changed in the European carbon market last night,OMFinancial reports.
Forget today, think carbon 30 years out
2 Nov 2012
Today’s low carbon prices are not an incentive for investment in low-carbon technology, the Government has acknowledged.
Govt eyes better planting policies
2 Nov 2012
The Government is looking for new policies to encourage afforestation.
EU cans plans to limit ‘hot air’ credits
2 Nov 2012
EU environment ministers have abandoned plans to limit excess supply of Kyoto-era carbon credits on the world’s markets after seven eastern European states backed Poland’s opposition to the measure.
ETS changes get through House ... just
26 Oct 2012
Controversial changes to the Emissions Trading Scheme passed their second reading in Parliament yesterday by the slimmest of majorities.
Price flop not a good look, admits Smith
26 Oct 2012
Former Climate Change Minister Nick Smith admits that low carbon prices are sending “weak” market signals to emitters and foresters.
Dunne seems deaf to foresters' pleas
26 Oct 2012
The forestry industry is focusing its lobbying attention on United Future’s Peter Dunne to try to stop changes to the Emissions Trading Scheme which they say will stop planting in its tracks.
Maori vow to fight for ETS rights
26 Oct 2012
Maori say they will continue to fight damaging changes to the Emissions Trading Scheme even if they are passed by Parliament.
Cheap price to pay, says Labour
26 Oct 2012
Bringing farmers into the Emissions Trading Scheme would cost them less than $100 a year each on current prices, Labour says.
ETS protesters bring out the chainsaws
26 Oct 2012
Youth organisation Generation Zero held a mock chainsaw massacre outside Parliament yesterday to protest about changes to the Emissions Trading Scheme going through the House.
Brussels wants to ban $500m in ERU credits
26 Oct 2012
The European Commission has proposed an Emissions Trading System ban on $US570 million of Kyoto-era carbon credits from non-EU countries such as Russia, which have not signed up to a second Kyoto commitment period.
Traders fight over-supply in Europe
26 Oct 2012
International carbon traders are continuing to push for action on over-supply in Europe.
Carbon not quite a cot case yet
26 Oct 2012
The Emissions Trading Scheme has been described recently as comatose and on a stretcher, says Carbon Market Solutions.
Govt has numbers to pass ETS changes
19 Oct 2012
The Government has the numbers it needs to pass controversial changes to the Emissions Trading Scheme.
Groser: We'll check out status of units
19 Oct 2012
The Government says it will look at the eligibility of some international units under New Zealand’s Emissions Trading Scheme.
ETS 'disappointing and costly' decision
19 Oct 2012
The failure to fix the Emissions Trading Scheme Amendment Bill before its third reading is a disappointing and costly decision, says the Parliamentary Commissioner for the Environment Dr Jan Wright.
Minister bound for green Korea
19 Oct 2012
Climate Change Minister Tim Groser is bound for South Korea, a country that is pegging its future on green growth.
Traders call for intervention in Europe
19 Oct 2012
International carbon traders are calling for market intervention in Europe – including cancelling next year’s market auction of credits.
Why is our approach so different?
12 Oct 2012
There's more bearishness out of Europe over the price of UN offsets, despite some analysts revising their expected forecasts for European Union Allowances upwards, CARBON MATCH says.
Why China is no longer the scapegoat
12 Oct 2012
China has long been perceived as a laggard on climate action, and used as scapegoat by other countries to delay action, says a new report.
Greens praise Aussie ETS changes
12 Oct 2012
The Australian Greens have been quick to praise the passage of a package of bills linking the country’s emissions trading scheme to the price in Europe.
ETS changes go under scrutiny
5 Oct 2012
Changes to the Emissions Trading Scheme are now being debated by Parliament’s Finance and Expenditure Select Committee.
Brussels to monitor shipping emissions
5 Oct 2012
The European Commission will introduce an emissions monitoring system in early 2013, in a bid to curb the environmental footprint left by the shipping industry.
Which way will landowners go?
5 Oct 2012
In 2008, when the Emission Trading Scheme legislation was passed, a lot of attention was focused on those forest owners who still intended to change land use from forest to agriculture, Carbon Market Solutions says.
Market weakens on news of February vote in EU ETS
5 Oct 2012
European carbon prices started the week in a consolidation mode, before getting hit pretty hard overnight on Tuesday, Westpac says.
Worried forest owners urge Key to act
28 Sep 2012
The heads of eight major forestry companies have asked the Prime Minister to intervene directly over the flow of cheap foreign carbon credits into New Zealand.
Government lying to us, says forester
28 Sep 2012
The Government is being accused of lying to New Zealanders over plans to encourage afforesation as a means of reducing greenhouse gas levels.
EDITORIAL: The problem called John Banks
28 Sep 2012
The Government may be weakening in its opposition to restricting the number of international carbon units allowed into New Zealand.
Think carrot ... not stick
28 Sep 2012
Carbon Match founder LIZZIE CHAMBERS says we need to think about how the carbon market can drive innovation - and artifically low carbon prices are not the answer.
The case for UN offsets
28 Sep 2012
For the record, OMFinancial is not against having UN offsets in New Zealand's Emissions Trading Scheme, the brokerage says.
Maori leaders want cheap credits blocked
21 Sep 2012
The influential Climate Change Iwi Leaders Group is pressuring the Government to cut the flow of cheap international carbon credits into New Zealand.
Is ETS a scheme or a scam, ask Greens
21 Sep 2012
New Zealand's emissions trading scheme could be renamed the emissions trading scam, Parliament has heard.
Put that in writing, minister, says council head
14 Sep 2012
Sustainability Council chief Simon Terry is challenging Climate Change Minister Tim Groser to deny in writing that New Zealand faces a carbon deficit.
Committee begins to wade through ETS ideas
14 Sep 2012
Parliament’s finance and expenditure select committee next week will continue wading its way through hundreds of submissions on changes to the Emissions Trading Scheme.
ETS submission: Changes a costly mistake
14 Sep 2012
The Government’s planned changes to the Emissions Trading Scheme are a costly environmental mistake, the Parliamentary Commissioner for the Environment says.
ETS submission: Make car tests mandatory
14 Sep 2012
The Government should introduce mandatory emissions testing of all vehicles as part of a suite of moves to cut the country’s greenhouse gas emissions, the Motor Trade Association says.
ETS submission: Get real on power line trees
14 Sep 2012
Clearing trees to put up power lines should not invoke a carbon liability, the Electricity Networks Association says.
Empty emergency reserve forces $6.1m flood repair loan
Mon 2 Mar 2026
By Kira Carrington, Local Democracy Reporter | A depleted emergency fund has forced Marlborough to borrow $6.1 million to repair damage from last year's floods.
South Korean farmers sue utility giant KEPCO over climate damage to crops
25 Feb 2026
As harvest season approached last November, farmer Ma Yong-un walked through his apple orchard in southern South Korea with a growing sense of dread.
Air NZ joins Marsden Point SAF project
Tue 3 Mar 2026
By Pattrick Smellie | Air New Zealand has quietly added its name to a consortium exploring the viability of green hydrogen production for sustainable aviation fuel at Channel Infrastructure’s Marsden Point energy hub.
Singapore sets first ever sustainable aviation fuel levy, as Southeast Asia’s fuel industry grows
17 Feb 2026
Flying in and out of Singapore, home to Southeast Asia’s busiest airport, will get slightly more expensive this year as the city state begins imposing a levy of between 75 cents to $32 per ticket to fund sustainable aviation fuel.
World leaders invited to see Pacific climate destruction before COP31
Tue 3 Mar 2026
The leaders and climate ministers of governments around the world will be invited to meetings on the Pacific islands of Fiji, Palau and Tuvalu in the months leading up to the COP31 climate summit in November.
Govt’s own modelling shows LNG leads to higher electricity prices than other solutions
19 Feb 2026
By Christina Hood | COMMENT: According to modelling conducted by Concept Consulting for MBIE, either developing the Tariki gas storage facility or managing electricity demand would deliver lower wholesale electricity prices than the Government’s preferred solution of an LNG import terminal.
Bidders no-show at carbon auction – again
Tue 3 Mar 2026
By Liz Kivi | As predicted, today’s carbon auction yet again failed to attract any bidders, with NZUs currently trading hands on the secondary market at a 35% discount on this year’s auction floor price.
Oil and gas prices jump as conflict escalates
Tue 3 Mar 2026
Oil and gas prices have surged as Iran continues to launch strikes across the Middle East in response to ongoing attacks by the US and Israel.
Carbon auction set to be another non-event
Mon 2 Mar 2026
By Liz Kivi | Tomorrow’s Emissions Trading Scheme auction – the first for 2026 – is set to be a non-event, with secondary market prices more than $25 below this year’s $71 auction floor price.
3,600 times faster: China is shaking up the steel industry
25 Feb 2026
For over a century, making steel meant coal, heat, and hours of waiting. A Chinese research team now reports collapsing that process into just three to six seconds; no coal, near zero emissions, and a vortex lance already moving toward commercial production. The technology is called flash ironmaking, and in February 2026, its implications are still unfolding.
LNG: a rational choice compared to unpalatable alternatives
10 Feb 2026
By Pattrick Smellie | COMMENT: By deciding to underwrite the private construction of a liquefied natural gas import facility in Taranaki, the Government has made a rational choice in favour of energy security and affordability.
Sustainable retail-office project breaks ground under new Green Star framework
19 Feb 2026
Construction is set to begin on a new retail-office development in central Auckland, which is targeting a 40% reduction in embodied carbon and 25% lower energy.
Opposition attacks Govt over fossil fuel phaseout backdown
2 Feb 2026
By Liz Kivi | Revelations that Resources Minister Shane Jones ruled out New Zealand signing up to a 'road map' away from fossil fuels at last year’s global climate summit show the National Party’s minor coalition partners’ undue influence over the Government, according to Labour leader Chris Hipkins.
Italy calls for suspension of EU carbon market
Mon 2 Mar 2026
The Italian Minister said the Emissions Trading System (ETS) has a "perverse effect" and is condemning European companies from being competitive with other countries, urging other member states to back the suspension.
How Trump’s war could destabilize the global energy market
Mon 2 Mar 2026
It starts — but doesn’t end — with the Strait of Hormuz.
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.
Pacific climate advocates welcome pre-COP31 meeting in Fiji and Tuvalu
Fri 27 Feb 2026
Media release – 350.org | Climate advocates across the Pacific will now prepare for the Pre-COP31 meetings in Fiji and Tuvalu, with the Pacific Islands Forum confirming the hosts yesterday.
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.
The 15 foods destroying rainforests, in one simple chart
25 Feb 2026
It’s pretty much impossible to live a life free of environmental harm. But there is one thing you could do immediately that would help the planet a heck of a lot: eat less beef.
Judge orders Greenpeace to pay $345m over Dakota Access pipeline protest
Mon 2 Mar 2026
Greenpeace says the case is far from over after being found liable for defamation and other claims brought by the energy firm.
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.”
New study looks to nature markets to accelerate climate response
18 Feb 2026
The Nature Conservancy is teaming up with local groups to study the most affordable and effective ways of restoring native habitats at the top of the South Island, including ways to fund the work using international voluntary carbon markets and biodiversity credits.
Surviving on Trump's dangerous planet
Mon 2 Mar 2026
COMMENT: Yet another war, and yet another argument for an end to oil.
Claims that AI can help fix climate dismissed as greenwashing
18 Feb 2026
Tech companies are conflating traditional artificial intelligence with generative AI when claiming the energy-hungry technology could help avert climate breakdown, according to a report.
Govt missing opportunity to slash electricity prices, says expert
11 Feb 2026
By Liz Kivi | The Government’s fixation on eliminating the "dry-year risk margin" as a lever to reduce costs misses a much bigger opportunity to lower electricity prices, according to Christina Hood, head of Compass Climate.
Media round-up
13 Feb 2026
In our round-up of climate coverage in local media: Senior UK ministers have asked their New Zealand counterparts to explain new climate policies, National’s LNG blunders are a warning ahead of election campaign, and what are the lessons New Zealand should take from another summer of weather disasters?
Wales council to buy and demolish homes prone to flooding
4 Feb 2026
A row of homes in a village in south Wales is to be bought by a local authority and demolished as they can no longer be protected from flooding caused by the climate crisis.
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.
EDS puts environmental lawmaking under the spotlight
Thu 26 Feb 2026
Media Release |The Environmental Defence Society has launched the first in a series of investigative pieces into how environmental laws are being made in Aotearoa New Zealand.
Climate 'dream team' launches foundation targeting 100 million tonnes in emissions cuts
25 Feb 2026
By Shannon Morris-Williams | The New Zealand Climate Foundation, which has the ambitious aim of cutting 100 million tonnes of greenhouse gas emissions by 2035, had its official launch on Monday.
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.
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.
Kiwis overly optimistic about state of environment
Fri 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.
UN approves first carbon credits under Paris Agreement market mechanism
Fri 27 Feb 2026
The United Nations has approved the first credits to be issued under a carbon market established by the Paris climate accord, aimed at reducing emissions – a mechanism that has faced scrutiny over greenwashing concerns.
Australia-US minerals deal underpinned decision to allow mining company to clear threatened indigenous forest
23 Feb 2026
The Australian government’s decision to allow the US mining giant Alcoa to continue clearing swathes of Western Australian jarrah forest despite past illegal clearing practices was made in part due to a critical minerals deal reached between Australia and the Trump administration last year, a new document shows.
‘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?
Local govt shake-up risks weakened environmental outcomes – Commissioner
Fri 27 Feb 2026
By Shannon Morris-Williams | The Government’s push to simplify local government is "deeply flawed" and has been launched without a clear understanding of which functions must remain regional, according to the Parliamentary Commissioner for the Environment.
UK Greens win by-election as anti-data centre protests mount
Tue 3 Mar 2026
The Green Party's Hannah Spencer won the contest for the vacant parliamentary seat of Gorton and Denton, with Nigel Farage's populist Reform UK party coming second, and Labour pushed into third place.
Media round-up
20 Feb 2026
In our round-up of climate coverage in local media: 'Every tonne matters': The climate scientist who wants to give you hope; Minister says managed retreat is an option; and climate change is here – is New Zealand ready?
Brazil and India agree to boost cooperation on rare earths
24 Feb 2026
Brazil and India sealed a deal Saturday on critical minerals and rare earths, enhancing cooperation on crucial resources between two major countries of the global south as they seek to diversify their trading relationships.
Africa primed for solar breakthrough after record capacity growth
Tue 3 Mar 2026
The continent of Africa looks set to emerge as a key driver of global solar power production over the rest of the 2020s thanks to a potent mix of policy support, rapid economic growth and declining component costs.
High-tech flights tackle climate modelling dilemma
Mon 2 Mar 2026
Media release – University of Canterbury | An ongoing challenge in global climate modelling is being addressed by HALO-South a German-Christchurch collaboration.
DOC trims costs and winds down jobs for nature
10 Nov 2025
The Department of Conservation (DOC) is entering a new phase of tighter budgets and structural change as it winds down the pandemic-era Jobs for Nature programme and reshapes its operations to absorb long-term cost pressures.
NZ-UAE partnership boosts advanced tech
9 Feb 2026
Media release | A new Antarctic science partnership with a leading UAE university will grow New Zealand’s advanced engineering and modelling capability, supporting high-value jobs, encouraging economic growth, and enabling smarter climate risk management, Science, Innovation and Technology Minister Dr Shane Reti says.
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.
Canterbury rolls out NZ’s first lightweight electric double-decker
Tue 3 Mar 2026
Metro has introduced the country’s first lightweight electric double-decker bus, marking a major milestone for public transport innovation in Canterbury.
General Assembly chief calls for US to pay UN fees in full
Fri 27 Feb 2026
The head of the United Nations General Assembly on Tuesday urged top contributor the United States to pay its fees in full after Washington made only a partial payment to the global body, amounting to less than 5% of the total amount owed.
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.
Study finds warming world increases days when weather is prone to fires around the globe
20 Feb 2026
The number of days when the weather gets hot, dry and windy — ideal to spark extreme wildfires — has nearly tripled in the past 45 years across the globe, with the trend increasing even higher in the Americas, a new study shows.
India and UK launch offshore wind taskforce
23 Feb 2026
Constituted under Vision 2035 and the Fourth India-UK Energy Dialogue, the Taskforce is designed to provide strategic leadership and coordination for India’s nascent offshore wind ecosystem.
