Topics tagged with 'NZ ETS'
Business grows for busy market pioneer
24 Jun 2011
A carbon market pioneer is doubling the size of its carbon desk after three years of operation.
All's not well after Bonn climate talks
24 Jun 2011
A two-week United Nations Framework Convention on Climate Change meeting held in Bonn, Germany, this month drew 3500 people representing 190 nations, Carbon Market Solutions reports.
At these levels, you have to start buying
24 Jun 2011
The local carbon market continues to fall in sympathy with European carbon prices, though the majority of NZU owners are baulking at selling at these levels, OMFinancial reports.
Try incentives for farmers, says broker
17 Jun 2011
A scheme similar to the United Nations Joint Implementation programme should be used to encourage farmers to cut greenhouse gas emissions, says a New Zealand carbon consultant.
World Bank tracks stalled carbon market
17 Jun 2011
The international carbon market stalled at $US142 billion last year, after five years of growth.
The Carbon Traders: Lizzie Chambers, Carbon Match
17 Jun 2011
The newcomer to the New Zealand carbon trading scene believes it is a market destined to grow.
Emissions trading is best, says Shell chief
17 Jun 2011
Emissions trading schemes are a better way of tackling carbon pollution than government subsidies of renewable energy projects, says a senior Shell executive.
Wind generation needs a helping hand
17 Jun 2011
New Zealand this week celebrated Global Wind Day for the first time.
Climate fighter has a big job for NZ
10 Jun 2011
Scientist and climate change campaigner Dr James Hansen says that New Zealand could be the country he has been looking for to "stand up and tell the truth" - that our addiction to fossil fuels can be cured only by an honest, rising price on carbon.
Little demand on spot market
10 Jun 2011
Another quiet week trading-wise for the NZUs as prices hold a tight range, $19.65 to $19.85, on light volume, OMFinancial reports.
Carbon moves could do good, says Garnaut
3 Jun 2011
The introduction of a price on carbon will not disrupt the development of the Australian economy, and could even lead to a wave of innovation.
Carbon tax soon, say Aussie Greens
3 Jun 2011
Australia may leapfrog New Zealand on pricing carbon, that country’s Green Party leader says.
Cargo carbon calculations just a click away
3 Jun 2011
The carbon implications of shipping cargo with a New Zealand shipping company can now be calculated with a couple of mouse-clicks.
Hopes dim for safe emissions levels
3 Jun 2011
Greenhouse gas emissions increased by a record amount last year, to the highest carbon output in history, putting hopes of holding global warming to safe levels all but out of reach, according to unpublished estimates from the International Energy Agency, says Carbon Market Solutions.
Labour might sweeten ETS deal for farmers
27 May 2011
Labour might sweeten the carbon deal for farmers by letting them become the point of obligation under the Emissions Trading Scheme.
Estimates pinpoint cost of ETS to farmers
27 May 2011
Bringing biological greenhouse gas emissions from farms into the Emissions Trading Scheme will cost dairy farmers about 2.8 cents per litre of milk solids, government estimates show.
Caygill committee might miss deadline
27 May 2011
The committee reviewing the Emissions Trading Scheme has had a small extension of time.
Europe keeps emissions under control
27 May 2011
Europe’s greenhouse gas emissions grew last year on the back of an economic recovery, but were still below cap.
No danger of Australia leading the world
27 May 2011
A common argument used by people in NZ and in other countries to avoid becoming involved in climate change mitigation and carbon pricing is the”why should we lead the world on this issue” argument.
Government eyes fewer NZU allocations
20 May 2011
The Government expects to allocate 25 per cent fewer NZUs under the Emissions Trading Scheme next year than this year.
Budget sets aside $1.6m for ETS reviews
20 May 2011
The Government has set aside $1.6m a year until at least 2014 for reviewing the Emissions Trading Scheme.
Business on right track, says Hansen
13 May 2011
New Zealand’s business community has received a bouquet from the scientist James Hansen, the American dubbed the father of global warming.
ETS reviewers eye Australian farm plan
13 May 2011
The panel reviewing the Emissions Trading Scheme is looking at Australia’s plan to give tradable credits to farmers for storing carbon in soil.
Banks coming to the carbon party
6 May 2011
Banks are starting to lend on carbon as forestry companies secure contracts as far forward as 2020, a forest management company says.
Nervous foresters unsure about ETS
6 May 2011
Political uncertainty over the Emissions Trading Scheme has left some foresters gun-shy.
Smallholders miss out on new carbon measure
6 May 2011
Government officials are rejecting calls to allow the owners of small forestry blocks to use a new system for measuring carbon.
Why the ETS needs transparency
6 May 2011
Is the ETS a mature market yet? asks Carbon Market Solutions.
Don't delay agriculture, says world body
29 Apr 2011
Agriculture should come into the New Zealand Emissions Trading Scheme in 2015 as planned, says one of the world’s most influential organisations.
Caygill crew on target to produce report
29 Apr 2011
The panel reviewing the Emissions Trading Scheme is on target to meet its report-back deadline, its chairman says.
ETS review predictable so far
29 Apr 2011
With the findings of the ETS Review due out in June, the consultation phase of the review is has drawn to a close.
ETS stays no matter what, says Groser
21 Apr 2011
New Zealand’s Emissions Trading Scheme will continue even if there is no international climate change agreement after next year, says International Climate Change Negotiations Minister Tim Groser.
Country expects to hit Kyoto targets
21 Apr 2011
New Zealand is on target to meet its Kyoto target without having to use overseas credits to offset our emissions, latest Government figures show.
We can cut carbon ... so why fudge the figures?
21 Apr 2011
New Zealand has a wealth of carbon-reduction opportunities - so why is it fudging figures to the United Nations, asks Sustainability Council executive director SIMON TERRY.
China on a clean energy roll
21 Apr 2011
China, the world’s biggest emitter, continues to power ahead in the green revolution, and has topped the Pew Environment Group's clean energy investment rankings for 2010.
Solid Energy hits out at Pike gas advice
15 Apr 2011
Solid Energy says the Government was wrong to listen to Pike River Coal's advice on methane gas emissions from coal mines.
Forest-planting rates still low post-ETS
15 Apr 2011
The Emissions Trading Scheme has failed to boost forest planting.
Environment champion sees ETS loophole
15 Apr 2011
The Emissions Trading Scheme should be tightened so that new carbon-intensive industries do not get taxpayer subsidies, the Parliamentary Commission for the Environment says.
Ban gas CERs or wreck market, says trader
8 Apr 2011
The price of carbon in New Zealand will crash if industrial gas CERs are not banned from the Emissions Trading Scheme from 2013, a trader is warning.
Forest owners will get 9m carbon credits
8 Apr 2011
The Government will issue more than nine million carbon credits to the owners of post-1989 forests this year.
Westpac: What happens after 2012?
8 Apr 2011
Uncertainty about the future shape of the Emissions Trading Scheme will affect future prices, Westpac says.
Foresters see way to reduce ETS risk
8 Apr 2011
The Emissions Trading Scheme can be tweaked to reduce risk for the forestry sector without needing any taxpayer subsidy, the Forest Owners' Association says.
Wood processors want slice of the pie
8 Apr 2011
Wood processors want a slice of the scheme providing free carbon credits to trade-exposed industries.
Firms under pressure to manage carbon
8 Apr 2011
Companies are facing increasing pressure from shareholders, employees, competitors, and consumers to put in place strategies to manage carbon, Carbon Market Solutions reports.
Synthetics answer might lie outside ETS
1 Apr 2011
Greenhouse gas emissions from the synthetic gases sector could be dealt with outside the Emissions Trading Scheme, says ETS review panel chair David Caygill.
What the IEA thinks of our ETS
1 Apr 2011
The International Energy Agency says there is no guarantee New Zealand’s Emissions Trading Scheme will actually reduce greenhouse gas emissions.
Government sets 50 by 50 emissions target
1 Apr 2011
The Government has confirmed New Zealand's long-term emissions reduction target of 50 per cent on 1990 levels by 2050.
Greens: Emissions target is green-washing
1 Apr 2011
The Government’s greenhouse gas emissions target is little more than green-washing, said the Green Party.
All going well as emitters file first returns
1 Apr 2011
Government officials say the first round of returns for emitters has gone well - by they're not releasing details yet.
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.
