Topics tagged with 'NZ ETS'
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.
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.
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.
