Topics tagged with 'NZ ETS'
EU emissary talks aviation
1 Apr 2011
Jill Duggan, who has been instrumental in the set up of the European ETS, spoke to a number of New Zealand audiences this week, offering some interesting insights into the future of emissions trading, CMS reports.
Fonterra finds way to beat ETS problems
25 Mar 2011
Fonterra says a lack of liquidity in the New Zealand carbon market has caused the dairy co-operative some problems in its first year under the Emissions Trading Scheme.
How Europe found other ways to cut emissions
25 Mar 2011
Europe has found that you don’t have to bring every industry into an emissions trading regime to get them to cut their greenhouse gas emissions, the panel reviewing the New Zealand scheme is about to hear.
Kiwi carbon player goes it alone
25 Mar 2011
London-based international carbon-trading company EcoSecurities and its New Zealand partner have ended their formal relationship.
New carbon measurement regime for large forests
25 Mar 2011
Owners of large forests are about to shift to a compulsory personalised carbon measurement system.
Ministers reveal more carbon details
25 Mar 2011
The Australian Government has released more details about its plans to put a price on carbon.
Will dialogue influence the outcome of the review?
25 Mar 2011
Stakeholders have begun meeting with ETS review panel, but one cannot help but wonder whether the results of this consultation will in fact find their way into the final recommendations, says Carbon Market Solutions.
Price on move as carbon booms in Europe
18 Mar 2011
New Zealand’s carbon credits are running hot on the back of soaring prices in Europe.
Jilted Fonterra to plead case at ETS review
18 Mar 2011
Access to free credits for trade-exposed businesses and the entry of agriculture into the Emissions Trading Scheme are two of the issues Fonterra will be raising with the ETS review panel.
Forests credit allocations top five million
18 Mar 2011
Owners of pre-1990 forests have now been allocated more than five million carbon credits.
Fukushima drama affects carbon price
18 Mar 2011
Recent events have demonstrated how intertwined New Zealand's Emissions Trading Scheme is with the global financial and carbon markets, says Carbon Market Solutions.
ETS review panel wants YOUR input
11 Mar 2011
The Emissions Trading Scheme review panel wants to know how the scheme is affecting businesses, households, farmers, foresters and Maori.
ETS PAPER 1: Businesses feel the costs
11 Mar 2011
The Emissions Trading Scheme has increased the cost of electricity and fuel for businesses by about 1 per cent of revenue, the panel reviewing the scheme says.
ETS PAPER 2: World situation unclear
11 Mar 2011
New Zealand could decide it is economically sensible to push ahead with the Emissions Trading Scheme even if the world fails to negotiate a successor for the Kyoto Protocol, the panel reviewing the ETS says.
Business lobby group tries to set the tone
11 Mar 2011
Business New Zealand is making a bid to set the tone of the Emissions Trading Scheme review by pre-empting the launch of the review panel’s issues paper today with one of its own.
Caygill crew meets business leaders
11 Mar 2011
The committee reviewing the Emissions Trading Scheme has already met with some of the country’s most influential bodies as it works towards its June deadline.
Industrial emitters lodge first returns
11 Mar 2011
The first industrial emissions returns have been lodged with the Ministry of Economic Development.
Emissions target unrealistic, says lobbyist
4 Mar 2011
The natural resources sector is warning the Government that it’s unlikely to meet its target of halving greenhouse gas emissions by 2050.
Forest owners pick up three million credits
4 Mar 2011
Forest owners have so far received a total of more than three million credits for carbon sequestered in their forests last year.
UK expert to talk with ETS review group
4 Mar 2011
The committee reviewing the New Zealand Emissions Trading Scheme is to hear from one of Britain’s top carbon markets advisers.
Australia will get over carbon tax drama
4 Mar 2011
The Gillard carbon tax drama In Australia will subside with time just as it did in New Zealand, Carbon News Solutions predicts.
Australia sets date for carbon scheme
25 Feb 2011
Australia will have a price on carbon by July next year.
NZ farmers happy with omission of agriculture
25 Feb 2011
Federated Farmers will use Australia's decision not to put a price on agricultural emissions to back its argument to keep farmers out of the New Zealand scheme.
Labour: It's the same old story
25 Feb 2011
The Labour Party says the opposition in Australia to putting a price on carbon is reminiscent of what happened in New Zealand.
Sell CERs and bank the profit, broker says
25 Feb 2011
Spot NZUs traded higher this week, touching a high of $19.60, OMFinancial reports.
EXCLUSIVE: Govt stays silent on free allocations
18 Feb 2011
The Government is still refusing to say how many free carbon credits are being given to some of New Zealand’s biggest companies, despite an Official Information Act request.
Lignite mining could send emissions soaring
18 Feb 2011
Solid Energy’s proposed lignite projects in Southland could add 10 million to 20 million tonnes to New Zealand’s annual greenhouse gas emissions.
Aussie scheme could be lucrative for NZ carbon sellers
18 Feb 2011
As more of the Garnaut papers are released, Australia moves closer to a revised carbon scheme, Carbon Market Solutions says.
Foresters' champion plants trees for carbon
11 Feb 2011
The man who won forest owners the right to earn money from the carbon stored in their trees is about to plant his first dedicated carbon forest.
ETS group looks at oral submissions
11 Feb 2011
The committee reviewing the Emissions Trading Scheme says it will try to hear oral submissions from those who want to make them.
Time running out for say on forest schemes
4 Feb 2011
The public has just two weeks left in which to make submissions on the future of the Permanent Forest Sink Initiative and other forestry schemes.
Garnaut backs fixed carbon price
4 Feb 2011
Australia’s chief climate change adviser is backing the idea of a fixed carbon price.
ETS adds to the confusion
4 Feb 2011
From a carbon market perspective, the Government’s review of the Emissions Trading Scheme has generated further uncertainty among the public and among ETS participants, Carbon Market Solutions says.
NZU market drifts back
4 Feb 2011
The NZU market has traded between $19.10 and $19.55 on a spot equivalent basis this week, Westpac reports.
Northland iwi top credits allocations
28 Jan 2011
Two Northland iwi are the biggest recipients so far of carbon credits being given to the owners of pre-1990 forests.
Forestry credits close on 10m mark
28 Jan 2011
The government is on the verge of issuing its 10 millionth forestry carbon credit.
Emitters looking to 2011 obligations
28 Jan 2011
Local activity has started to pick up, with all interest focussed on the Spot NZU market, OMFinancial reports.
Buyers active as Chinese New Year looms
28 Jan 2011
The NZU market has traded between NZD18.80 and NZD19.30 on a spot equivalent basis this week, Westpac reports.
Credits worth $15m stolen in registry heist
21 Jan 2011
More than $15 million worth of carbon credits have been stolen in a daring heist in Europe.
It's a case of backwardation ... sort of
21 Jan 2011
The New Zealand carbon market is in backwardation – in theory, at least.
Govt stays silent on value of free credits
21 Jan 2011
Some of New Zealand’s biggest companies received free carbon credits from the Government.
Caygill committee eyes start next month
21 Jan 2011
The committee reviewing the Emissions Trading Scheme is yet to hold its first meeting, but chairman David Caygill expects those advocating changes to the scheme are already hard at work on submissions.
Some growers qualify for free carbon credits
21 Jan 2011
Horticulturalists have joined the list of those eligible for free carbon credits under the Emissions Trading Scheme.
Review rules out some ETS challenges
23 Dec 2010
Questions about whether the Emissions Trading Scheme is the best way for New Zealand to tackle climate change have been ruled out of a review of the scheme.
Public might not appear before panel
23 Dec 2010
The public might not get a chance to make oral submissions on the review of the Emissions Trading Scheme.
Farmers renew call to keep agriculture out
23 Dec 2010
Federated Farmers says it will use the review of the Emissions Trading Scheme to try to keep agriculture out of the scheme.
California gives nod to timber carbon case
23 Dec 2010
The carbon-storing properties of wood products have been recognised in the new cap-and-trade scheme endorsed by Californian law-makers last week.
Forestry credits pioneer set to sell more
17 Dec 2010
One of the first forest owners to sell New Zealand forestry credits is gearing up to sell again.
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.
