Topics tagged with 'NZ ETS'
Europe move could jump prices
17 Feb 2012
A committee of MPs in the European parliament has supported a motion to withdraw (set aside) carbon permits (EUAs) from the EU ETS for the 2013 to 2020 period.
Labour likes ETS ... if it works
10 Feb 2012
New Labour leader David Shearer says that he is committed to the Emissions Trading Scheme – if it works.
NZUs top of the pops with emitters
10 Feb 2012
NZUs were the unit of choice for New Zealand emitters in the first year of liability under the Emissions Trading Scheme.
Deadline day for industrial gas CERs
10 Feb 2012
Today is the last day to register forward contracts for industrial gas CERs.
South Korean officials want carbon cap
10 Feb 2012
A South Korean Government committee has approved a bill that will charge polluters for their greenhouse gas emissions from 2015.
China orders airlines not to pay
10 Feb 2012
China has banned domestic airlines from participating in the European Union's emissions trading scheme and from using the scheme to increase fares or add other fees.
Why CERs are best bet in the long run
10 Feb 2012
The price of NZUs remains low – partly because of the effects of CERs on the New Zealand Emissions Trading Scheme, Carbon Market Solutions reports.
Govt might block overseas credits
3 Feb 2012
The number of international carbon credits coming into New Zealand could be cut.
Officials back slow-down of ETS
3 Feb 2012
Government officials are backing recommendations to slow down the impact the Emissions Trading Scheme is having on the economy.
Where Europe goes, we go ...
3 Feb 2012
The European Union is so critical to the outlook for carbon prices for the next year that we’re looking at the issue again this week, Carbon Market Solutions says.
Door to Europe could open for foresters
27 Jan 2012
Possible rule changes in Europe could open the way for New Zealand forest owners to sell credits into the European Emissions Trading Scheme.
Minister puts plans for environment
27 Jan 2012
New rules to protect New Zealand’s oceans and freshwater, streamlining the Resource Management Act, a new Environment Reporting Act and aligning the Emissions Trading Scheme with that of Australia are on the Government’s agenda.
Smart growers profit from low carbon prices
20 Jan 2012
Savvy forest owners who sold carbon credits at the peak of the market are buying credits back again at severely depressed prices.
Airlines look at buying into our ETS
20 Jan 2012
The implementation of a carbon tax on airlines flying into Europe is thought to be prompting some to consider opting in to the New Zealand Emissions Trading Scheme.
Business lobby says no to floor price
20 Jan 2012
Restricting prices at the lower end of the carbon market would be self-defeating, says BusinessNZ.
ETS safe, but where do we go from here?
20 Jan 2012
The results from the Durban conference on climate change have been hailed as a breakthrough for climate negotiations - and derided as a step back in Kyoto goals.
Poor prices will hurt government income
16 Dec 2011
Collapsing carbon prices could leave a hole in the Government’s books.
Carbon hits new low, but expect a fightback
9 Dec 2011
Carbon prices are expected to rally today after hitting an all-time low yesterday, trading at less than half their value of just seven months ago.
Groser looks for more ETS partners
9 Dec 2011
New Zealand is working towards a regional carbon market.
Fonterra forces farmers to fence
2 Dec 2011
The fencing of water ways is to become a condition of supply for Fonterra dairy farmers as the industry moves to clean up its environmental image.
China key to future of carbon trading
2 Dec 2011
This week the climate summit began in Durban to discuss the future of the Kyoto Protocol.
Carbon crashes as Europe sells out
25 Nov 2011
Carbon prices are in free-fall as cash-strapped European countries dump huge amounts of European Union Allowances – the European equivalent of New Zealand’s NZUs.
Europe a turn-off for our forest owners
25 Nov 2011
New Zealand’s carbon trading future probably lies with Australia, Japan and parts of the United States and Canada, and not with Europe, says the chief executive of the Forest Owners' Association.
Trades difficult as price flops
25 Nov 2011
NZUs started the week at $13.05 and traded at $12.10 yesterday, OMFinancial reports.
Scrap lignite plan, says energy expert
18 Nov 2011
A New Zealand scientist at the heart of the IPCC says Solid Energy’s lignite development should not go ahead.
ETS here to stay, vows Groser
18 Nov 2011
New Zealand will push for a successor to the Kyoto Protocol, but the Emissions Trading Scheme is here to say regardless of the outcome of international climate change negotiations in Durban this month.
Environment: Where the minor parties stand
18 Nov 2011
Both National and Labour are vowing that the Emissions Trading Scheme is here to say, but what do the smaller parties have to say about the environment?
Offsetting OK ... but there's a catch
11 Nov 2011
The owners of pre-1990 forests will be allowed to replant in another area without penalty under a National Government – but there could be be a price to pay.
Unhappy exporters voice ETS fears
11 Nov 2011
National's promise to slow down implementation of the Emissions Trading Scheme has failed to impress exporters.
Where Labour and Greens stand on carbon trading
11 Nov 2011
Carbon Market Solutions casts an eye over the carbon-trading policies of Labour and the Greens:
Global carbon hits new lows
11 Nov 2011
NZUs climbed back over the $13 level and continue to hold their premium over CERs.
Environment key poll issue, says Labour
4 Nov 2011
Labour is about to pitch its environment policy as an election-winner.
Chauvel lists flaws in ETS review
4 Nov 2011
The Emissions Trading Scheme would be up for review again under a Labour Government.
Some forest owners offered a break
4 Nov 2011
Owners of pre-1990 forests could be in line for an annual allocation of carbon credits under a Labour government.
Row brews over industrial gases
4 Nov 2011
Carbon producers and consumers have taken opposing stands on whether industrial gas CERs should be banned from the New Zealand Emissions Trading Scheme.
Key carbon tax vote next week
4 Nov 2011
The Australian government's carbon tax is likely to pass the parliament early next week after an agreement between Labor and the Greens.
Politicians to face ETS questions
28 Oct 2011
Politicians will face up to questions about the Emissions Trading Scheme on Monday.
Industrial gas submissions close soon
28 Oct 2011
Submissions on whether industrial gas CERs should be banned from the New Zealand Emissions Trading Scheme close on Monday.
Innocent forest owners will pay price
21 Oct 2011
Many forest owners are about to discover that they are in the Emissions Trading Scheme when they don’t have to be – an oversight which could cost them dearly.
Why we need to ban industrial CERs soon
21 Oct 2011
A proposed Government ban on industrial CERs should go ahead as soon as possible, says DANIEL WATSON, of Carbon Market Solutions.
Investors sniff out NZ forest fortunes
14 Oct 2011
New Zealand should expect intense interest in our carbon-sequestering forests from Australian investors, especially if the two countries’ emissions trading schemes are linked, says a company involved in carbon forestry on both sides of the Tasman.
Abbott will eat his words, says CMS
14 Oct 2011
The Australian emissions trading scheme legislation was passed through that country’s Federal Parliament this week, and is expected to begin being passed into law by the Senate next month.
Spooked Europe slashes carbon price
14 Oct 2011
European carbon prices hit all-time lows overnight, partly on the back of weak European financial markets, OM Financial reports.
Gas credits ban might catch some emitters
7 Oct 2011
Some emitters are likely to be caught holding carbon credits that cannot be used in the New Zealand Emissions Trading Scheme.
Banning industrial gas units the way to go
7 Oct 2011
Proposals to ban some industrial gas CERs from the New Zealand Emissions Trading Scheme are no surprise, having been foreshadowed in the ETS review released last month, Westpac says.
NZ Steel pockets close to $10m in credits
30 Sep 2011
New Zealand Steel was given nearly 500,000 free carbon credits last year - worth nearly $10 million – to cushion it from the impact of a price on carbon.
Reward inhibitor farmers, says study group
30 Sep 2011
Farmers should be given carbon credits to encourage them to use nitrogen inhibitors, a government committee says.
Eggs deserve a break, says committee
30 Sep 2011
The egg industry could be left out of the Emissions Trading Scheme.
Greens demand subsidy answers
30 Sep 2011
The Government is being accused of subsidising the fossil fuel industry while at the same time campaigning internationally for an end to fossil fuel-industry subsidies.
Climate progress slowing, says Auckland councillor
Thu 5 Jun 2025
By Shannon Morris-Williams | The devastating cyclone that tore through Tāmaki Makaurau in 2023 left behind more than just broken infrastructure, sparking calls to focus on facts over ideology in the fight against climate change.
Fed Farmers launches campaign against carbon forestry
Fri 6 Jun 2025
By Liz Kivi | Federated Farmers has launched what they are calling the ‘Save Our Sheep’ campaign, blaming carbon forestry for declining sheep numbers and calling on the government to urgently review the Emissions Trading Scheme.
Greenwashing is rife in Australia, but could its days be numbered?
28 May 2025
COMMENT: Have you ever ticked the box to “fly carbon neutral”, had something delivered via “carbon-neutral shipping” or chosen to pay a bit extra to buy “carbon-neutral gas” from your energy retailer?
Help sustainable aviation fuels take off or delay targets, airlines warn EU
20 May 2025
Earmarked funding, risk-reduction tools, and simplified imports top Airlines for Europe’s wish list for the EU’s upcoming Sustainable Transport Investment Plan.
Microplastics found in sand on dozens of NZ beaches
Wed 4 Jun 2025
Scientists have extracted microplastics from the sand of 22 beaches from the Far North to Banks Peninsula.
Sustainability claims questioned as renewable diesel surges
14 May 2025
Critics are sceptical about industry claims of renewable diesel life-cycle greenhouse gas emission cuts and warn renewable diesel carbon releases will surge if sourcing is scaled up, triggering tropical deforestation as producers convert forests to energy crops, such as oil palm and soy.
Govt mulls status quo for ETS auction settings
29 May 2025
By Liz Kivi | The government has released its consultation on the Climate Change Commission’s latest advice on Emissions Trading Scheme auction settings and volumes, putting forward the option to ignore the commission’s advice to boost auction volumes from 2028-2030.
Global energy investment set to hit record $3.3 trillion in 2025, IEA says
Fri 6 Jun 2025
A surge in clean energy spending is expected to drive a record $3.3 trillion in global energy investment in 2025, despite economic uncertainty and geopolitical tensions, the International Energy Agency said on Thursday.
Carbon price too low to fund carbon capture
20 May 2025
The government’s climate target to 2030 is at risk, after revelations that a carbon capture project which the government was relying on to deliver one third of its carbon reductions, might not go ahead.
Fight over coal mine heats up
30 May 2025
Forest & Bird is calling on the government to create a new scientific reserve covering the Denniston Plateau on the West Coast, which would stop a fast-tracked coal mine.
Trump’s actions are already having consequences for climate, especially for the IPCC - expert
11 Apr 2025
Leading climate scientist, Dr Kevin Trenberth, left the US and came home to New Zealand because of the rise of Donald Trump. In this comment piece, he writes that he is appalled in multiple ways by the so-called “war on science” unfolding through staff cuts and the president’s policy edicts.
Common low-grade clay strengthens low-carbon concrete
Thu 5 Jun 2025
Media release | Engineers at RMIT University have converted low-grade clay into a high-performance cement supplement, opening a potential new market in sustainable construction materials.
Cuts to climate finance put exports in jeopardy: Lawyers
23 May 2025
By Liz Kivi | The government has halved international climate finance, a move aid organisations describe as “devastating,” and which lawyers say could put our Paris Agreement commitments and export market access at risk.
Watts talks big on energy reform, but barriers persist
29 May 2025
By Shannon Morris-Williams | Energy and Climate Change minister Simon Watts says the government is doubling down on efforts to boost renewable energy generation, streamline regulation, and drive private sector investment as New Zealand faces mounting energy security and affordability challenges.
Gas supply reducing faster than forecast
Thu 5 Jun 2025
By Liz Kivi | Gas reserves have reduced 27% as of 1 January 2025 compared to last year, according to data released today by the Ministry of Business, Innovation and Employment.
Govt budgets $200m for would-be gas investors
23 May 2025
By Liz Kivi | Energy Resources Aotearoa has welcomed the government's plan to co-invest $200 million in fossil gas expansion, while environmental and climate groups have reacted with horror.
Extreme ocean warming engulfed South-West Pacific in 2024
Fri 6 Jun 2025
By Shannon Morris-Williams | Unprecedented ocean warming engulfed the South-West Pacific in 2024, with extreme heat and rainfall causing deadly and devastating impacts and sea level rise threatening entire islands.
Oceans Commission must have teeth – minister
14 May 2025
If an Oceans Commission were to be established under the government it would need genuine powers to make change, says Minister for Oceans and Fisheries Shane Jones.
Biochar's negative emissions tech coming to Fieldays
Fri 6 Jun 2025
Biochar Network New Zealand will showcase its negative emissions technology biochar at this year's Forestry Hub at Fieldays 2025.
Vanuatu criticises Australia for extending gas project while making COP31 bid
Wed 4 Jun 2025
Vanuatu’s climate minister has expressed disappointment over Australia’s decision to extend one of the world’s biggest liquefied natural gas projects and said it raises questions over its bid to co-host the COP31 summit with Pacific nations.
Hotter and deeper: how NZ’s plan to drill for ‘supercritical’ geothermal energy holds promise and risk
2 Apr 2025
By David Dempsey, University of Canterbury | New Zealand’s North Island features a number of geothermal systems, several of which are used to generate some 1,000 MegaWatts of electricity. But deeper down there may be even more potential.
Electrification challenge for politicians, regulators
27 May 2025
Rewiring Aotearoa is calling for stronger political leadership to bring its vision of a cheaper, cleaner and stronger energy system to life, with the launch of its policy manifesto today.
How the little-known ‘dark roof’ lobby may be making US cities hotter
Fri 6 Jun 2025
As cities heat up, reflective roofs could lower energy bills and help the climate. But dark-roofing manufacturers are waging a quiet campaign to block new rules.
Energy Australia is in court accused of greenwashing. What is the case about and why is it significant?
16 May 2025
Climate group alleges energy giant misled 400,000 customers about ‘Go Neutral’ product, arguing that carbon credits don’t actually remove emissions.
Methanex closure comes early this year
14 May 2025
The almost-now-annual closure of Methanex has come earlier this year, giving more confidence that the electricity system will get through the winter without a fuel shortfall.
What happened to the hydrogen economy?
Tue 3 Jun 2025
The hydrogen car that was supposed to carry us into a cleaner future is still not in the driveway. In fact, outside of a few test markets, it’s not in anyone’s driveway.
Climate change could drive surge in foreclosures and lender losses, new study finds
22 May 2025
Extreme weather linked to climate change could spell financial ruin for many American homeowners and lead to billions in losses for lenders, a new study finds.
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.
Energy Australia apologises to 400,000 customers and settles greenwashing legal action
22 May 2025
Energy retailer says carbon offsetting ‘not the most effective way’ to reduce emissions.
Could ‘orange’ hydrogen be NZ’s key to net-zero?
30 May 2025
By Liz Kivi | New Zealand could be sitting on resources for a thriving multi-billion-dollar, low-carbon hydrogen economy, which might even be capable of creating a net reduction of carbon dioxide, according to scientists.
Carbon News launches price index
24 Jun 2024
Today’s issue is the first to feature Carbon News’ own carbon price index for secondary market spot prices for NZUs on New Zealand’s compliance market.
Govt's RMA overhaul sparks fears for nature and climate
30 May 2025
By Shannon Morris-Williams | The Government has opened public consultation on the biggest overhaul of environmental planning rules in New Zealand’s history, with critics warning it puts nature and climate at risk in favour of fast-tracked development and industry expansion.
Top ocean experts sound the alarm over growing marine crisis due to climate change
Fri 6 Jun 2025
On the opening day of a global science conference, French fishery scientist Clea Abello presented research showing that marine protected areas could protect commercially valuable fisheries.
Tech alone won’t save us, warns climate expert
Wed 4 Jun 2025
By Shannon Morris-Williams | Technology alone won't be enough to reach net zero emissions, environmental psychologist Lorraine Whitmarsh told the Carbon and Energy Professionals conference in Auckland last week.
New research reveals NZ’s natural resource footprint
29 May 2025
Media release | New research from the office of the Parliamentary Commissioner for the Environment reveals that about 107 million tonnes of natural resources were required to produce the goods and services consumed by New Zealanders in 2019 – approximately 21 tonnes per person on average.
NZ's first chance in 20 years to catch up on waste
30 May 2025
Media release | The government has announced proposals for updating the Waste Minimisation Act and the Litter Act. For the first time in nearly 20 years, Kiwis have a chance to catch up with other countries to reduce our waste and litter.
Waste Levy risks becoming ‘slush fund’ under proposed changes – Commissioner
Thu 5 Jun 2025
By Shannon Morris-Williams | Proposed changes to New Zealand's waste legislation risk undermining public trust in the waste levy scheme, according to Parliamentary Commissioner for the Environment Simon Upton.
Dismissals 'massive win' for climate movement
13 May 2025
The outstanding charges against 25 climate activists who disrupted traffic in Wellington have been dropped, a move the group calls a win for the climate movement.
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.
UK’s solar power surges 42% after sunniest spring on record
Fri 6 Jun 2025
The UK’s solar farms and rooftops generated more electricity than ever before in the first five months of 2025, as the country enjoyed its sunniest spring on record.
Green budget 'ludicrous la-la land' – govt
15 May 2025
Prime Minister Christopher Luxon said the budget was "clown show economics" and an "absolute circus".
US: Clean energy project cancellations top $14 Billion so far in 2025
Wed 4 Jun 2025
Businesses have pulled the plug on big projects amid Trump’s retreat on climate action. But plenty remain in the pipeline, awaiting a Congressional decision on tax credits.
United Nations carbon market rules agreed but concerns remain
25 Nov 2024
New carbon market rules agreed at the fractious UN climate summit will be a relief to New Zealand and Singapore, who were leading the negotiations, but concerns about greenwashing and disadvantaging nature-based solutions remain.
“It’s not the car – it’s how we move” – EECA
Tue 3 Jun 2025
By Shannon Morris-Williams| New Zealand’s transport emissions conversation has focused heavily on electric vehicles – but Richard Briggs, group manager, delivery and partnerships at the Energy Efficiency and Conservation Authority, says we’re asking the wrong question.
Europe’s next climate target may already have been agreed in Berlin
28 May 2025
Germany’s new coalition has adopted a climate stance shaped by talks with the EU’s top climate official, signalling where the bloc may land on a likely upcoming 2040 emissions target.
Water crisis on the horizon?
26 May 2025
Media release | Sewage contaminating Auckland oyster farms highlights the “dire state” of water infrastructure in Aotearoa, says University of Auckland Associate Professor Daniel Hikuroa.
Tropical forest loss hit new heights in 2024; fire a major driver in Latin America
23 May 2025
Tropical forest loss skyrocketed in 2024, with vast swaths of primary forest consumed by fire, according to new satellite data.
For the first time, China invests more in wind and solar than coal overseas
29 May 2025
China’s Belt and Road Initiative, long derided for its heavy carbon footprint, was dominated by wind and solar power projects for the first time from 2022 to 2023, according to a new analysis. But coal plants financed in earlier years are still coming online.
