Topics tagged with 'NZ ETS'
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.
Are land prices too high for carbon investment?
29 Jul 2011
Carbon Forests are a low-cost, low-maintenance alternative or enhancement to traditional livestock farming or traditional commercial forestry, but high land prices make it marginal at best, says Carbon Market Solutions.
Clear ETS signals bring in the money
22 Jul 2011
New-found confidence that the Emissions Trading Scheme is here to say is leading to an upsurge in carbon investment.
CERs find buyers below NZU mark
22 Jul 2011
CERs traded below NZUs this week on the Carbon Match trading platform.
Youth group makes zero-carbon stand
22 Jul 2011
A new youth-based political movement is calling for today’s carbon bills to be paid today.
What's in the Australian carbon tax for New Zealand?
22 Jul 2011
Carbon Market Solutions director Wayne King takes a close look at the latest carbon reduction scheme proposed for Australia:
ETS review findings linger with minister
15 Jul 2011
There's no word yet on when the review of the Emissions Trading Scheme will be made public.
Govt under fire over southern lignite
15 Jul 2011
The Government came under fire in Parliament this week for supporting plans for a lignite mine in Southland while talking about how the world should phase out subsidies for fossil fuels.
Why it's better to sell NZUs at home
15 Jul 2011
Carbon Market Solutions says it has had a number of clients asking if they are able sell NZUs overseas.
The market is over-sold, says OMF
15 Jul 2011
Spot NZUs continue to be under pressure, trading around the low $17 level, OMFinancial reports.
Australia eyes $23 carbon price
8 Jul 2011
Australia is expected to set its carbon price at around $A23 a tonne.
Group to eye benefits of green brand
8 Jul 2011
New Zealand needs to consider how it leverages off its clean green brand in global markets and how new technologies can be developed to reduce environmental impacts, Environment Minister Nick Smith and Acting Minister for Economic Development David Carter say.
Govt releases first industrial emissions returns
1 Jul 2011
Emitters covered by the Emissions Trading Scheme have surrendered 8.3 million tonnes of carbon credits.
ETS review team hands over report
1 Jul 2011
The Government has the Emissions Trading Scheme review panel report.
2013 still deadline, Goff tells farmers
1 Jul 2011
Labour is sticking to its guns over bringing agriculture into the Emissions Trading Scheme in 2013.
New enviro watchdog to run ETS
1 Jul 2011
The new Environmental Protection Authority kicks off today, and from January it will be responsible for administering the Emissions Trading Scheme.
California postpones trading scheme
1 Jul 2011
California is delaying its emissions trading scheme for a year.
Europe collapse rocks NZ prices
1 Jul 2011
The spot NZU prices melted through the week, after European carbon collapsed on the back of the situation in Greece and concerns over the integrity of the EU emissions trading scheme, OMFinancial reports.
Carbon price set to follow fall in Europe
24 Jun 2011
New Zealand carbon prices are expected to head down today on the back of substantial falls in Europe overnight.
ETS review looks at rewards for farmers
24 Jun 2011
The panel reviewing the Emissions Trading Scheme says that it has considered measures that reward farmers with carbon credits for cutting greenhouse gas emissions.
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.
