Topics tagged with 'NZ ETS'
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.
ETS review runs out of gas on CERs
16 Sep 2011
The Emissions Trading Scheme review panel has stopped short of recommending industrial gas CERs be banned from New Zealand – but only because it didn’t have time to investigate the issue thoroughly.
Carbon progress ... early start, late arrival
16 Sep 2011
How does New Zealand’s transition to a price on carbon compared to that proposed for Australia?
ETS review: We've been heard, say farmers
16 Sep 2011
Federated Farmers sees many of the key points for which it has advocated reflected in the Emissions Trading Scheme review panel’s report.
ETS review: Messages mixed, says Labour
16 Sep 2011
The Government continues to have two messages on whether it will include agriculture in its Emissions Trading Scheme, says Labour's Climate Change spokesperson, Brendon Burns.
ETS review: Weak scheme gets weaker
16 Sep 2011
The review of the Emissions Trading Scheme proposes to increase subsidies to climate polluters at the cost of the New Zealand taxpayer and the climate, the Green Party says.
ETS review: Act stands for abolition
16 Sep 2011
The Government should "drop the pretence" and scrap the Emissions Trading Scheme, the Act Party says.
ETS review: Where are emissions reductions?
16 Sep 2011
With each change to the Emissions Trading Scheme, the subsidy regime is expanded and the taxpayer picks up more of the tab, while there is minimal impact on gross emissions, the Sustainability Council says.
ETS review: Slow is best for business
16 Sep 2011
Slowing down the implementation of New Zealand’s emissions trading scheme would be a good move, says BusinessNZ.
ETS review: Check facts, Government told
16 Sep 2011
The Emissions Trading Scheme review report is unjustifiably optimistic on the global climate change response, and the Government is urged to get its own facts before reaching any decisions, Straterra says.
ETS review: Costs will increase, says coalition
16 Sep 2011
The recommendations of the ETS review panel would increase the cost of the scheme to consumers and businesses after next year and are not supported by public opinion, according to the sponsors of an annual survey of climate change opinion.
Foresters shy at these prices
16 Sep 2011
We have seen a slight recovery this week in the NZU market, as European carbon and global markets bounce off their lows, OMFinancial reports.
Well done New Zealand, says Europe
9 Sep 2011
New Zealand has been congratulated by Europe for its emissions trading scheme.
Key carbon tax MP escapes charges
9 Sep 2011
The chances of Australia’s carbon tax going ahead improved yesterday when police announced they would not charge a Labor MP with fraud.
Greens push for Pacific climate action
9 Sep 2011
New Zealand and Australia can, and must, lead on real action to respond to climate change to save the endangered Pacific Island nations, the Green Party says.
Genesis surpasses cuts targets
2 Sep 2011
Genesis Energy is ahead of targets to cut greenhouse gas emissions from its power plants
What China does is vitally important
26 Aug 2011
Is the world’s largest polluter doing enough to combat climate change, asks Carbon Market Solutions.
Cautious market mulls over CERs moves
19 Aug 2011
The market has reacted cautiously to hints from the Government that it might restrict the use of CERs in the New Zealand Emissions Trading Scheme after 2012.
ETS cutting emissions, says minister
19 Aug 2011
New Zealand’s greenhouse gas emissions from electricity generation are the lowest in a decade - and Climate Issues Minister Nick Smith says that the Emissions Trading Scheme can take part of the credit.
Ag emissions move difficult, says minister
12 Aug 2011
Measuring agricultural greenhouse gas emissions on an intensity basis is attractive but difficult, our international climate change negotiations minister says.
Survey shows we fret over climate costs
12 Aug 2011
A climate change-policy lobby group says that its latest survey shows New Zealanders are worried about the cost of dealing with climate change.
Japan cuts ties with the past
5 Aug 2011
In business offices around Japan, executives are not wearing ties in a bid to cut energy use.
Conference sparks interest in NZ
5 Aug 2011
Organisers of the 7th Australia New Zealand Climate Change and Business Conference say its success shows that other countries are interested in what is happening in New Zealand.
Major changes unlikely, says ETS review head
1 Aug 2011
The Emissions Trading Scheme review panel is unlikely to change its recommendations substantially in light of Australia’s carbon pricing moves.
ETS review extended in wake of Aussie plan
1 Aug 2011
Climate Change Minister Nick Smith is seeking an update from the Emissions Trading Scheme review committee to take account of Australia’s recent announcements to implement a carbon price.
One-for-two deal must stay, says coalition
29 Jul 2011
The Greenhouse Policy Coalition is warning that New Zealanders will face higher prices for fuel and electricity if the Government removes the one-for-two obligation in the Emissions Trading Scheme.
Perfect storm behind the CER meltdown
29 Jul 2011
Six weeks ago, the price of a CER was 13 euros and the emissions markets were looking healthy; a couple of weeks’ later, they were fetching 9 euros. Why the rapid meltdown, asks Richard Hayes of Environmental Intermediaries & Trading Group Limited.
Australian carbon bills on the move
29 Jul 2011
Australians have until August 22 to comment on legislation to bring in a price on carbon.
Governments must vote in favour of moratorium on deep sea mining
Tue 29 Jul 2025
Media release - Greenpeace | The 30th session of the International Seabed Authority (ISA) has ended with Greenpeace saying governments are continuing to fall short in protecting the deep sea.
Does NZ need a national incentive scheme for wetlands?
25 Jul 2025
By Liz Kivi | An expert is calling for a national incentive programme to restore New Zealand’s wetlands and wants to stop schemes to drain these vital carbon-sequestering ecosystems.
NZ Post drops science-based climate target
8 Jul 2025
By Liz Kivi | NZ Post has dropped its science-based emissions reduction target of 42% by 2030 with no plans to replace it.
Airlines risk legal challenges by advertising jet fuel as “sustainable”, NGO warns
18 Jul 2025
Amid suspected fraud in the production of sustainable aviation fuel (SAF), a new report says the airline industry should stop calling all alternatives to kerosene “sustainable”.
Challenges persist in bid to mine the deep sea, even after boost from Trump
Tue 29 Jul 2025
After years of delay, the deep-sea mining plans of Canadian firm The Metals Company (TMC) now appear to be progressing as it pursues a controversial new path to securing a license to mine in international waters under U.S. jurisdiction.
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.
Carbon prices slide as market awaits ETS decision
Fri 1 Aug 2025
By Liz Kivi | Volatility has returned to the secondary carbon market, with prices sliding again after plateauing in recent weeks, as the market waits for government decisions on Emissions Trading Scheme settings.
The US is sitting out the most consequential climate summit in a decade. It may offer a victory to China
Fri 1 Aug 2025
The Trump administration fired the last of the US climate negotiators earlier this month, helping cement America’s withdrawal from international climate diplomacy. It may also have handed a huge victory to China.
Bearish sentiment lingers for carbon market
11 Jul 2025
By Liz Kivi | The compliance carbon market could be set for a gradual upward trajectory, however unsold volume from the quarterly Emissions Trading Scheme auctions continues to act as ‘a price ceiling,’ according to an expert.
Coal use drove recent emissions increase
Fri 1 Aug 2025
Increased use of coal for electricity generation was a large driver for an increase in New Zealand’s greenhouse gas emissions in the last quarter.
Is extending Huntly power station to 2035 in consumers’ best interest?
22 Jul 2025
By Simon Orme | COMMENT: Genesis Energy is proposing a cartel to keep high-emitting Huntly Power Station in business to 2035. If extending Huntly has economic benefits, is a cartel necessary?
What does 'drier' really mean in 'green' homes?
Fri 1 Aug 2025
Media release - Waipapa Taumata Rau, University of Auckland | Researchers say green-rating systems could improve clarity and effectiveness by explicitly defining ‘drier’ and using two measures of humidity.
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.
NZ voluntary carbon market’s sad state
14 Jul 2025
By John O’Brien | OPINION: A combination of scandals, challenging economic times, and cheaper offshore carbon credits, mean that the domestic voluntary carbon market in New Zealand remains absolutely tiny.
Bill to restart oil and gas exploration clears final hurdle
Fri 1 Aug 2025
By Shannon Morris-Williams | The government’s Crown Minerals Amendment Bill is set to become law after passing its third reading in parliament last night, with critics calling it humiliating for the climate minister and an embarrassment to New Zealand's international reputation.
Key orange roughy population on verge of collapse, govt considers closure
9 Jul 2025
Media release - Deep Sea Conservation Coalition | New data reveals that New Zealand’s main orange roughy fishery, accounting for half of the country’s total catch, is on the brink of collapse, with one model showing it may have reached that point already, and the government’s considering closing it.
Warmer than usual weather ahead, wetter in north and east, as La Niña signals strengthen
Fri 1 Aug 2025
Media release – Earth Sciences New Zealand | Seasonal Outlook Climate August to October 2025 suggests warm, damp weather, with La Niña’s possible return.
Latest trawl bycatch numbers 'a grim wake-up call'
24 Jun 2025
Media release – Greenpeace | The latest fisheries bycatch data paints a grim picture, with trawlers hauling up thousands of kilograms of coral and killing hundreds of fur seals and seabirds over a 12 month period.
Wilding pines threaten Molesworth Station
Mon 28 Jul 2025
By Shannon Morris-Williams | Without increased support, the unchecked spread of wilding pines will continue to creep across Marlborough’s high country – putting iconic landscapes and one of New Zealand’s top five biodiversity hotspots at serious risk, according to an expert.
Last minute change to oil and gas legislation over cleanup costs
Thu 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.
A modest geothermal strategy
Thu 31 Jul 2025
By Pattrick Smellie | The Government has unveiled a far more modest geothermal energy strategy than its primary backer, Resources Minister Shane Jones, had sought.
European Central Bank to consider 'climate factor' when lending to banks
Thu 31 Jul 2025
The European Central Bank will add climate change considerations to its lending operations from late 2026, raising pressure on banks to channel financing towards greener sectors as the euro zone seeks to reduce its carbon footprint.
NZ part of hidden global deep-sea network beneath the waves
25 Jul 2025
Media release - Earth Sciences New Zealand | A world-first study of marine life, including sea creatures found in New Zealand's dark, cold, pressurised ocean depths, has revealed that deep-sea life is surprisingly more connected than previously thought.
‘Ideological sludge’: How NZ is quiet quitting climate action
17 Jul 2025
New Zealand once stood out as a world leader on climate change. In June it became the first country in the world to abandon a commitment to phase out oil, gas and coal.
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.
Hiringa eyes green methanol plant near Whanganui
Tue 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.
Climate catastrophes are creating a ‘new market reality’ for insurance carriers
23 Jul 2025
Raging wildfires and severe storms contributed to record-high global insurance losses — totalling an estimated US$84 billion — for the first six months of the year.
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.
Multi-day protest continues at coal mine
Wed 30 Jul 2025
Bathurst Resources has been forced to truck coal from its Stockton mine as climate activists occupy coal buckets at the mine for a third day.
Fund for low emissions transport winds up
Thu 31 Jul 2025
New Zealand’s Low Emission Transport Fund has officially wrapped up, ending a nine-year programme that put hundreds of millions of dollars towards accelerating the country’s shift to cleaner transport.
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.
Toxic algae are turning South Australia’s coral reefs into underwater graveyards
Tue 29 Jul 2025
Since March, a harmful algal bloom, fueled by a marine heat wave, has been choking South Australia’s coastline.
NZ govt’s fossil fuel plans could break international law
24 Jul 2025
By Liz Kivi | The government could be breaching international law with its plans to subsidise and expand fossil fuel extraction, following a ruling overnight from the world’s highest court.
Tipping points: Window to avoid irreversible climate impacts is ‘rapidly closing’
11 Jul 2025
In the midst of a record-breaking heatwave in Europe, the UK city of Exeter recently played host to the second international conference on “tipping points”.
‘Total infiltration’: How plastics industry swamped vital global treaty talks
Mon 28 Jul 2025
Petrostates and well-funded lobbyists at UN-hosted talks are derailing a deal to cut plastic production and protect people and the planet.
Activists sue US development bank over $4.6bn loan to massive Mozambique gas project
18 Jul 2025
Environmental groups claim loan is ‘unlawful’ in legal filing.
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.
Tilting at windmills? Trump’s claims about turbines fact-checked
Thu 31 Jul 2025
The US president has taken a swipe at wind power as the blades visible from his Turnberry golf course turn.
Ocean heatwaves may signal climate tipping point
25 Jul 2025
A recent study that tapped into satellite data has revealed that 2023 marked an unprecedented year for marine heatwaves, with record-breaking levels of duration, reach and intensity across the world's oceans.
Climate groups want UK wealth tax to make super-rich fund sustainable economy
17 Jul 2025
Growing number of campaigners urge government to ensure green investment is not done ‘on backs of the poor’.
Can robot taxis solve NZ's transport woes?
23 Jul 2025
By Shannon Morris-Williams | The Ministry of Transport has tested the idea of driverless taxis as a futuristic fix. But while new modelling explores how "robotaxis" could ease congestion and reduce car ownership, critics say it misses a crucial point – the country’s worsening transport emissions.
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.
EV sales fall, but it’s complicated
Tue 29 Jul 2025
Imports of fully electric vehicles fell over 50% in value during the 12 months to June 2025, compared with the year ended June 2024, according to Stats NZ.
The ICJ’s ruling means Australia and other major polluters face a new era of climate reparations
25 Jul 2025
By Harj Narulla | OPINION: Australia has found itself on the wrong side of history.
Waste Levy risks becoming ‘slush fund’ under proposed changes – Commissioner
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.
The struggle for control of the Arctic is accelerating - and it's riskier than ever
11 Jul 2025
As the battle for one of the world’s coldest places heats up, an increasingly fragile security balance may be breaking down, leading to an escalating arms race.
UN University report warns against carbon credits from REDD, tree planting, and improved forest management
13 Jun 2025
But the report stops short of recommending banning the trade in carbon temporarily stored in trees.
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.
