Topics tagged with 'NZ ETS'
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.
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.
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.
