Topics tagged with 'NZ ETS'
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.
ETS submission: Clarify forest ownership
14 Sep 2012
The Emissions Trading Scheme is forcing forests out of the ownership of custodian trusts, a Parliamentary select committee has heard.
Businesses in north soak up ETS costs
14 Sep 2012
Northland businesses are absorbing the costs of the Emissions Trading Scheme rather than passing them on to customers, a new study shows.
NZUs down in line with European prices
14 Sep 2012
European carbon offsets have continued to fall, down around 30 per cent now since the beginning of the month, Westpac reports.
Work goes on to link Tasman trading schemes
31 Aug 2012
Australia’s decision to link to the European Emissions Trading Scheme will not slow progress on linking to the New Zealand scheme, the Government says.
Australia to link with EU carbon market
31 Aug 2012
Australia will scrap its planned floor price for carbon emissions and will link directly with the European Union's emissions trading system by 2018, says Climate Change Minister Greg Combet.
Was that the sound of a slamming door?
31 Aug 2012
The announcement this week by Australia’s Climate Change Minister, Greg Combet, of an arrangement between Australia and the European Commission whereby the Australian Carbon Pricing Mechanism is to be linked to the EU ETS sounds like an announcement for carbon traders to celebrate Christmas early, says Carbon Market Solutions.
Public split as ETS changes face scrutiny
24 Aug 2012
Changes to the Emissions Trading Scheme have gone into Parliament as a new poll shows that New Zealanders are evenly split over whether we should even have a price on carbon.
ETS bill has October deadline
24 Aug 2012
The Government expects to have its changes to the Emissions Trading Scheme through the select committee and back into Parliament by October 17.
EXCLUSIVE: Carbon News readers can now get full climate report
24 Aug 2012
Subscribers to Carbon News now have access to the full report on research into New Zealanders' views on climate change.
Regional market will happen ... some day
17 Aug 2012
An Asia-Pacific regional carbon market is inevitable, eventually, says carbon trader Nigel Brunel.
Missed opportunity to invest in NZ
17 Aug 2012
Since the Government’s July Emissions Trading Scheme announcements (a U-turn on a previously announced plan to introduce some sort of restriction on international units) the New Zealand carbon market has slowly, but surely, collapsed, says Carbon Match's Lizzie Chambers.
We'll need years to get going, says forester
10 Aug 2012
Large-scale forest planting will not begin until several years after a substantial rise in carbon prices, a key industry player is warning.
NZ carbon attractively priced
10 Aug 2012
It is clear we are going to trade a range for the next few weeks, OM Financial reports.
Business execs taking it seriously
3 Aug 2012
Business managers and executives are among the New Zealanders most concerned about climate change.
Govt consulting on Pacific Resilience Facility
Fri 12 Dec 2025
The Foreign Affairs, Defence and Trade Committee is calling for submissions on its international treaty examination of the Agreement to Establish the Pacific Resilience Facility.
Govt slammed for weakening methane target
Mon 15 Dec 2025
By Shannon Morris-Williams The Government has pushed through legislation under urgency to almost halve New Zealand’s 2050 methane target – a move Opposition parties say disregards scientific advice, breaks the country’s hard-won political consensus on climate action, and shifts the burden of higher warming and higher future costs onto the next generation.
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.
‘Cali Fund’ aiming to raise billions for nature receives first donation – of just $1,000
Today 11:15am
A major biodiversity fund – which could, in theory, generate billions of dollars annually for conservation – received its first donation of just $1,000 in November.
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.
Minister not concerned about potential economic impacts of ruling out offshore mitigation
Thu 11 Dec 2025
By Liz Kivi | Climate Change Minister Simon Watts isn’t worried that ruling out using offshore mitigation is effectively reneging from the Paris Agreement with potential to damage New Zealand’s economy and access to export markets.
Battery subsidy scheme set for 'urgent' overhaul as costs run out of control
Today 11:15am
Australian Energy Minister Chris Bowen has announced big changes to the government's battery subsidy scheme amid claims most of its $2.3 billion budget has been spent in just six months.
Is Govt rushing through changes to climate framework to avoid litigation?
Thu 11 Dec 2025
By Liz Kivi | The Parliamentary Commissioner for the Environment says the Government’s motivation for proposed changes to the country’s climate framework law are unclear: “The only reason I can think of is one grounded in potential litigation risk.”
KiwiRail pauses coal trains amid rising climate protests
9 Dec 2025
By Shannon Morris-Williams | Climate activists are ramping up actions this week, with a Christchurch protest leading to KiwiRail pausing some coal train operations on Saturday, and another protest against the Fast-Track Amendment Bill planned for parliament today.
Investors must support positive climate-tech
28 Nov 2025
OPINION: We need better leadership than the current ‘climate opportunism’ that is rife in the Beehive, and we need to back a marketplace that will make it happen, writes Rob Campbell.
$235 billion worth of NZ buildings exposed to flooding
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.
India at COP30: A mismatch between grandstanding and climate action
Thu 11 Dec 2025
Despite India’s attempt to anoint itself as the leader of the developing world, at the COP30 summit, New Delhi’s track record remains contradictory.
Govt warned that scrapping ag emission pricing comes with risks
Thu 11 Dec 2025
By Liz Kivi | The Government’s move to halt plans for agricultural emissions pricing without replacing it with any other action will leave New Zealand facing a bigger gap to meet its third emissions budget, Environment ministry officials have warned.
Australian Government wants EV, PHEV owners to start sending power to the grid
Mon 15 Dec 2025
The newly announced Vehicle-Grid Network is part of a plan to establish Australia as a leader in vehicle-to-grid technology.
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.
COP30 microcosm of difficult geopolitics, says Vanuatu's Climate Minister
Mon 15 Dec 2025
By Liz Kivi | Despite ‘intransigent’ states blocking multilateralism and a disappointing official outcome, Vanuatu’s Climate Change Minister Ralph Regenvanu says he left the COP30 climate summit feeling more positive than after previous UN climate conferences.
Transport dominates NZ’s rising consumer emissions
Wed 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.
Are rainforests now a cause of, rather than the answer to, climate change?
Mon 15 Dec 2025
A new study finds that Africa’s forests, responsible for one-fifth of global carbon removal, are beginning to generate carbon as the result of human activity.
Oil and gas majors would create $78bn more value by stopping exploration
Thu 11 Dec 2025
Media release | Ten of the world’s largest oil and gas companies would create significantly more shareholder value by ending exploration and sharply curtailing upstream development, according to new analysis released today by ACCR.
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.”
Analysis: Why COP30’s ‘tripling adaptation finance’ target is less ambitious than it seems
5 Dec 2025
One of the headline outcomes to emerge from COP30 was a new target to “at least triple” finance for climate adaptation in developing countries by 2035.
NZ ‘clearly’ breaching international law on climate – Vanuatu Climate Change Minister
Fri 12 Dec 2025
By Liz Kivi | Vanuatu’s Climate Change Minister, Ralph Regenvanu, says New Zealand restarting fossil fuel exploration and subsidies is an obvious breach of international law, exposing the country to international and domestic litigation.
TotalEnergies loses in Paris court, marking a turning point for fossil fuel truth-in-advertising
5 Nov 2025
TotalEnergies was found to have misled consumers about its role in the energy transition.
Tribunal warns govt geothermal strategy risks Treaty breach
2 Dec 2025
By Shannon Morris-Williams | The government's geothermal development strategy risks breaching the Treaty of Waitangi, according to a report from the Waitangi Tribunal released last week.
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.
Insurers welcome govt decision to keep NHC levy unchanged
21 Nov 2025
Media release |The Insurance Council of New Zealand | Te Kāhui Inihua o Aotearoa (ICNZ) has welcomed the Government’s decision to leave the Natural Hazards Commission levy unchanged, amid ongoing concerns around the cost-of-living.
Why I’m not outraged at the Govt’s latest climate backsliding
7 Nov 2025
COMMENT: The Government’s latest climate rollbacks underline New Zealand’s long history of a lack of genuine desire to cut emissions, writes Geoff Bertram.
Shell facing first UK legal claim over climate impacts of fossil fuels
Fri 12 Dec 2025
Victims of a deadly typhoon in the Philippines have filed a legal claim against oil and gas company Shell in the UK courts, seeking compensation for what they say is the company's role in making the storm more severe.
NZ fails to back ‘roadmap’ to phase out fossil fuels at COP
24 Nov 2025
By Liz Kivi | Eighty-six countries including Australia, the UK, Germany, and Ireland backed a proposal at COP30 for national plans on how to quit oil, gas and coal – but New Zealand wasn’t one of them.
Media round-up
Fri 12 Dec 2025
In our round-up of climate coverage in local media: Another offshore wind firm exits New Zealand over a clash with seabed mining; Fonterra falls behind on its climate goals as farm emissions remain flat; and the businesses trapped by the gas 'death spiral'.
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.
The deep ocean is fixing carbon in ways no one expected
Today 11:15am
A new study reveals that unexpected microbes are quietly fixing carbon in the dark depths of the ocean.
‘A shift no country can ignore’: where global emissions stand, 10 years after the Paris climate agreement
Today 11:15am
The watershed summit in 2015 was far from perfect, but its impact so far has been significant and measurable.
Heatwaves, downpours and droughts – Auckland on track for more extreme weather
1 Dec 2025
By Shannon Morris-Williams | New projections show Auckland will face more heatwaves, heavier downpours, worsening droughts and growing coastal threats as climate extremes intensify, according to a new report from Earth Sciences New Zealand.
Govt green lights rural recycling scheme
4 Dec 2025
The Government has approved new regulations to bring rural waste schemes under one unified framework.
NZ could become ‘dumping ground’ for dirty vehicles: Commissioner
Today 11:15am
By Liz Kivi | Simon Upton, Parliamentary Commissioner for the Environment, has warned the Government that its changes to the clean car standard could turn the country into a dumping ground for high emitting cars, making future emissions budgets harder to achieve.
Shipping movements disrupted as climate change protesters block coal ships
2 Dec 2025
NSW police have arrested 141 people who attempted to block the shipping channel in Newcastle Harbour during Rising Tide protests, which began on Thursday.
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.
NZ could lose nearly all glaciers this century without stronger climate action
Today 11:15am
New Zealand could see 97% of its glaciers vanish by 2100, with new international modelling projecting a rapid acceleration in glacier extinction from the 2030s onward – even under lower-warming scenarios.
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.
More than $2m up for grabs for low-emissions farming innovation
Wed 10 Dec 2025
The Ag Emissions Centre and AgriZeroNZ yesterday opened their 2026 innovation investment round.
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.
Kaicycle celebrates ten years of collective climate action in Pōneke
14 Nov 2025
Media release: Kaicycle | Since 2015, Kaicycle has grown from a humble pilot project growing kai and collecting compost on bicycles into the thriving urban farm and composting hub that Wellingtonians know and love.
Study provides a step-change in understanding NZ’s groundwater
28 Nov 2025
Media release | Earth Sciences New Zealand has developed a world-first National Groundwater Age Map and a powerful suite of tools to support the sustainable management of our hidden groundwater resources, from national through to local scales.
NZ just had its hottest spring in at least 116 years
Wed 10 Dec 2025
By Shannon Morris-Williams | This year New Zealand had its hottest spring since records began, with widespread heat, rainfall extremes and destructive wind driven by sudden stratospheric warming.
Australian market operator slashes wind farm predictions amid falling costs for solar and batteries
Thu 11 Dec 2025
The body that runs Australia's biggest power market has scaled back its plans for high-voltage power lines and wind farms to meet the country's green energy targets.
