Topics tagged with 'NZ ETS'
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.
Car traders see good in ETS review
23 Sep 2011
The Motor Trade Association says the ETS review report provides certainty for business.
Number of positives in ETS review
23 Sep 2011
The Government’s release of the Emissions Trading Scheme review report and recommendations last week provides an interesting basis for all interested parties to detail analysis over whether the recommendations are “good” or “bad”, Carbon Market Solutions says.
That's it ... till after the election
16 Sep 2011
The Emissions Trading Scheme has been kicked for touch until after the election.
Farmers could make money from new-deal ETS
16 Sep 2011
Recommended changes to the Emissions Trading Scheme could see farmers meet their obligations through offsetting.
$235 billion worth of NZ buildings exposed to flooding
Thu 30 Oct 2025
More than 750,000 New Zealanders live in locations exposed to one-in-100-year floods, according to a nationwide study which shows escalating flood risk.
Look out for these 8 big ag greenwashing terms at COP30
Tue 28 Oct 2025
Food and farming companies will claim agriculture is the solution to the climate crisis at the Brazil summit — even though food drives a third of global warming.
NZ’s government wants tourism to drive economic growth – but how will it deal with aviation emissions?
22 Oct 2025
By Robert McLachlan, Te Kunenga ki Pūrehuroa – Massey University | Following a brief dip during the COVID pandemic, aviation is back in a growth phase.
Air NZ inks deal for its first internationally verified carbon credits
9 Oct 2025
By Liz Kivi | Air New Zealand has committed to buying 8000 tonnes of carbon removals by 2030, in partnership with local native forest investment platform My Native Forest.
Celebrities slam mining plans
Tue 28 Oct 2025
Actor Sam Neill has slammed plans for a gold mine in Otago, while Denniston Rose author Jenny Pattrick is backing a petition that would stop a coalmine on the West Coast.
Govt launches strategy backing wood-based heat sector
23 Oct 2025
By Pattrick Smellie | Forestry biomass could replace as much as 40% of fossil fuel-generated process heat by 2050, but access to supply, regulatory settings and business cases for converting to wood-based heat sources are required, the Government says in a series of documents released yesterday.
Taxonomy seen as key to shaping NZ’s voluntary nature credit market
Thu 30 Oct 2025
By Shannon Morris-Williams | Experts say aligning the New Zealand Sustainable Finance Taxonomy with the development of voluntary nature credit markets could strengthen credibility, streamline investment, and support high-integrity environmental outcomes.
The Yangtze River is becoming the world’s largest electrified trade corridor
Thu 30 Oct 2025
The Gezhouba, a new 13,000-ton all-electric bulk carrier launched in Yichang, is more than a technical milestone. It is a sign that the electrification of inland shipping is moving from concept to inevitability.
‘Plain old dull’: NZU market continues to limp sideways
24 Oct 2025
By Liz Kivi | The NZU market has been “plain old dull” in recent months, with activity driven mainly by credit opportunities or a specific need to raise cash, according to Lizzie Chambers of trading platform Carbon Match.
Genesis doubles down on Huntly as renewables ramp up
24 Oct 2025
Genesis Energy is doubling down on Huntly’s role as New Zealand’s energy backstop while accelerating one of the country’s largest pipelines of new renewable generation.
The merchants of doubt are back
3 Sep 2025
OPINION: If you don’t follow climate policy closely, you might not know that the Trump administration is launching an effort to overturn one of the most fundamental pillars of American climate policy.
Milestone for NZ Steel electrification
10 Sep 2025
By Pattrick Smellie | NZ Steel has passed an installation milestone for its new electric arc furnace, which will reduce emissions from the Glenbrook steel mill site by as much as one megatonne (1Mt) a year.
Carbon Finance Program upscales efforts to close climate investment gap in climate vulnerable nations
22 Oct 2025
Media release | The Climate Vulnerable Forum and its V20 Finance Ministers (CVF-V20) will work with the Voluntary Carbon Markets Integrity Initiative (VCMI) to upscale the Carbon Finance Program in reach and impact, supporting more climate-vulnerable countries to host high-integrity carbon projects that yield tangible climate, nature, and sustainable development benefits.
All carrot, no stick for farmers on methane
17 Oct 2025
By Pattrick Smellie | COMMENT: The abandonment of methane emissions pricing and the adoption of a weaker target is effectively the last nail in the coffin of the historic cross-parliamentary consensus embedded in the Zero Carbon Act 2019.
Lake Onslow battery project set for revival?
Wed 29 Oct 2025
A newly formed private consortium has emerged with plans to finance and build the massive Lake Onslow pumped-hydro project, despite the coalition government’s decision to abandon the scheme.
From nuisance to crisis: New report on pest wasps In Aotearoa
24 Sep 2025
Media release: Moths and Butterflies NZ Trust | Just published is the Final Report of the Pest Wasps Survey carried out by the Moths and Butterflies of NZ Trust (MBNZT) offering a comprehensive look at New Zealanders’ awareness, experiences, and attitudes toward wasps and the growing ecological, health, and social issues associated with them.
What makes Melissa such a dangerous storm?
Thu 30 Oct 2025
A very powerful hurricane has made landfall in Jamaica and is the strongest storm to hit the Caribbean island in modern history.
NZ marine heatwaves could double in intensity under high-emissions pathway
16 Oct 2025
By Shannon Morris-Williams | New projections show marine heatwaves will grow more intense around the North Island and more frequent around the South Island as the climate warms – raising risks for fisheries, aquaculture, coastal ecosystems and tourism.
Foresta welcomes Government support for Kawerau plant
Thu 30 Oct 2025
By Diane McCarthy, Local Democracy Reporter | A $9 million Government boost to wood energy production has been welcomed by a company with its sights set on building a torrefied wood pellet plant in Kawerau.
Oil firm TotalEnergies made misleading green statements, court rules
Tue 28 Oct 2025
A French oil company engaged in “misleading commercial practices” about the scope of its environmental commitments, a court has ruled.
RMA to speed up fossil fuel consents
18 Aug 2025
By Liz Kivi | An energy lobby group has welcomed a last-minute amendment to the RMA that puts fossil fuels on the same footing as renewables, however a sustainable energy expert says the move “beggars belief.”
Super Fund smashes decarbonisation goals
23 Oct 2025
By Pattrick Smellie | The New Zealand Superannuation Fund continues to blow through its self-imposed targets for decarbonising its investment portfolio, increasing its exposure to fast-growing green technology opportunities in the process, according to its 2025 climate statement.
No major banks have yet committed to stop funding new oil, gas and coal, research finds
24 Oct 2025
‘The objectives of the Paris agreement are slipping further out of reach,’ say researchers.
Is greenhushing the new greenwashing? Or something else entirely
24 Oct 2025
Companies used to be accused of faking sustainability via greenwashing. Now some are hiding actual climate progress.
Coal imports up 650%
12 Sep 2025
By Shannon Morris-Williams and Liz Kivi | Coal imports are up 650% as generators stockpile the most polluting fossil fuel ahead of next winter.
Hiringa eyes green methanol plant near Whanganui
29 Jul 2025
By Pattrick Smellie | Green hydrogen pioneer Hiringa Energy is deep in planning to develop an “eight-to-nine figure” methanol plant near Whanganui, using a combination of biomass and hydrogen produced using renewable energy.
Vero warns losses to rise 26% by 2050 over extreme weather
Wed 29 Oct 2025
By Shannon Morris-Williams | Extreme weather could drive a 19–26% spike in annual insurance losses by 2050, fuelled by rising seas and more intense flooding, according to Vero’s latest Climate-Related Disclosures Report.
Will NZ walk away from the Paris Agreement?
20 Dec 2024
By Geoff Bertram | COMMENT: Unless the government can find very cheap offshore mitigation, the temptation to walk away from its Paris Agreement obligations may well be too strong to resist for a coalition government focused on fiscal austerity.
Norway faces European Court climate ruling over oil licences
Wed 29 Oct 2025
The European Court of Human Rights will decide on Tuesday if Norway breached its climate obligations when it awarded Arctic oil exploration licenses in 2016.
Nelson commuters urged to ditch car once a week
22 Oct 2025
By Max Frethey, Local Democracy Reporter | Nelson has a bold carbon emission reduction target and residents are being encouraged to leave the car at home one day a week to help meet it.
Bill to ban new coal mines fails at first reading
24 Oct 2025
By Shannon Morris-Williams | A bid to outlaw new coal mines was defeated at its first hurdle in Parliament this week, after a heated debate pitting climate imperatives against energy security and affordability.
NZ's latest climate target 'weak' – Climate Action Tracker
24 Jun 2025
By Shannon Morris-Williams | New Zealand's new international climate target to 2035 is weak, and could even allow for higher emissions than the 2030 target, according to a global scientific project that tracks government climate action.
Climate impacts hit NZ with increasing wild weather
23 Oct 2025
By Liz Kivi | New Zealand is facing a triple whammy of climate impacts today, with severe winds and rainfall predicted for much of the country while some areas are still dealing with wildfires ignited earlier in the week.
‘Weird and sad’ – Tuvalu Climate Minister condemns NZ halving methane target
15 Oct 2025
By Liz Kivi | Dr Maina Talia, Tuvalu’s Minister for Home Affairs, Climate Change, and Environment, says he’s surprised at New Zealand’s decision to weaken its target for reducing methane emissions – and is planning to take up the issue with his counterpart Climate Minister Simon Watts this week.
Lobby group launches ‘blueprint’ for ocean management reform
18 Sep 2025
The Environmental Defence Society yesterday released its plan to tackle widespread ecological decline in our oceans.
FMA grants temporary 'no action' relief for for firms set to exit climate reporting regime
Wed 29 Oct 2025
The Financial Markets Authority has announced it won't take action against companies expecting to fall out of mandatory climate reporting obligations, if they fail to lodge climate statements while the law changes are pending.
Judge dismisses suit by young climate activists against Trump’s pro-fossil fuel policies
17 Oct 2025
Plaintiffs had ‘overwhelming evidence’ of climate crisis but a court injunction would be ‘unworkable’, ruling says.
Straterra has a new name: the New Zealand Minerals Council
16 Apr 2025
Media release | Straterra has been renamed as New Zealand Minerals Council, says chief executive Josie Vidal.
Difficult trade-offs ahead for climate adaptation
17 Oct 2025
By Shannon Morris-Williams | While climate impacts are already here, bringing the urgent need to accelerate effective adaptation now, the Government's newly minted adaptation framework still leaves important questions unanswered about who will pay.
Solar households to get little-noticed tax break
23 Sep 2025
A provision in the government’s latest tax bill would exempt households from paying tax on income they earn by selling excess electricity back to the grid.
Climate scientists and republican lawyers are taking aim at Big Tech’s emissions
17 Oct 2025
Technology companies have long been one of the biggest investors in clean energy, but new accounting rules could upend that.
Last minute change to oil and gas legislation over cleanup costs
31 Jul 2025
By Liz Kivi | The government is expected to repeal the oil and gas ban today, with a last-minute amendment handing discretionary power to two ministers over the controversial issue of decommissioning.
Councillor calls out ‘anti-EV propaganda’ after fatal bus fire
Wed 29 Oct 2025
By Torika Tokalau, Local Democracy Reporter | An Auckland councillor says he's disappointed with the level of misinformation circulating about a fatal collision involving an electric bus and car last week.
Fix it, don't ditch it: University of Auckland hosts first Repair Cafe
9 Oct 2025
Media release - Auckland University | The University's first-ever Repair Cafe is bringing students and staff together to give broken items a new lease on life, while promoting a culture of repair and reuse.
Council buys dairy farm to help clean up Lake Rotorua
21 Oct 2025
Bay of Plenty Regional Council has bought a 266-hectare dairy farm in the Lake Rotorua catchment and plans to retire it from production to reduce nitrogen entering the lake.
Adaptation plan at odds with public sentiment: survey
21 Oct 2025
By Liz Kivi | The Government’s position on climate adaptation buyouts shows a disconnect with public opinion, according to survey findings from insurer Suncorp NZ.
‘Damp squib’ – Govt energy plan slammed for locking in fossil fuels
2 Oct 2025
By Shannon Morris-Williams | Critics across business, climate groups and the opposition say the Government’s electricity reforms duck structural change, double down on LNG and gas, and offer little relief for soaring power prices – warning of an “expensive white elephant", deeper energy poverty and a missed chance to scale renewables.
