Topics tagged with 'NZ ETS'
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carbon output in history, putting hopes of holding global warming to safe levels all but out of reach, according to unpublished estimates from the International Energy Agency, says Carbon Market Solutions.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.
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.
$235 billion worth of NZ buildings exposed to flooding
Thu 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.
Look out for these 8 big ag greenwashing terms at COP30
Tue 28 Oct 2025
Food and farming companies will claim agriculture is the solution to the climate crisis at the Brazil summit — even though food drives a third of global warming.
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.
Celebrities slam mining plans
Tue 28 Oct 2025
Actor Sam Neill has slammed plans for a gold mine in Otago, while Denniston Rose author Jenny Pattrick is backing a petition that would stop a coalmine on the West Coast.
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.
Taxonomy seen as key to shaping NZ’s voluntary nature credit market
Thu 30 Oct 2025
By Shannon Morris-Williams | Experts say aligning the New Zealand Sustainable Finance Taxonomy with the development of voluntary nature credit markets could strengthen credibility, streamline investment, and support high-integrity environmental outcomes.
The Yangtze River is becoming the world’s largest electrified trade corridor
Thu 30 Oct 2025
The Gezhouba, a new 13,000-ton all-electric bulk carrier launched in Yichang, is more than a technical milestone. It is a sign that the electrification of inland shipping is moving from concept to inevitability.
‘Plain old dull’: NZU market continues to limp sideways
24 Oct 2025
By Liz Kivi | The NZU market has been “plain old dull” in recent months, with activity driven mainly by credit opportunities or a specific need to raise cash, according to Lizzie Chambers of trading platform Carbon Match.
Genesis doubles down on Huntly as renewables ramp up
24 Oct 2025
Genesis Energy is doubling down on Huntly’s role as New Zealand’s energy backstop while accelerating one of the country’s largest pipelines of new renewable generation.
The merchants of doubt are back
3 Sep 2025
OPINION: If you don’t follow climate policy closely, you might not know that the Trump administration is launching an effort to overturn one of the most fundamental pillars of American climate policy.
Milestone for NZ Steel electrification
10 Sep 2025
By Pattrick Smellie | NZ Steel has passed an installation milestone for its new electric arc furnace, which will reduce emissions from the Glenbrook steel mill site by as much as one megatonne (1Mt) a year.
Carbon Finance Program upscales efforts to close climate investment gap in climate vulnerable nations
22 Oct 2025
Media release | The Climate Vulnerable Forum and its V20 Finance Ministers (CVF-V20) will work with the Voluntary Carbon Markets Integrity Initiative (VCMI) to upscale the Carbon Finance Program in reach and impact, supporting more climate-vulnerable countries to host high-integrity carbon projects that yield tangible climate, nature, and sustainable development benefits.
All carrot, no stick for farmers on methane
17 Oct 2025
By Pattrick Smellie | COMMENT: The abandonment of methane emissions pricing and the adoption of a weaker target is effectively the last nail in the coffin of the historic cross-parliamentary consensus embedded in the Zero Carbon Act 2019.
Lake Onslow battery project set for revival?
Wed 29 Oct 2025
A newly formed private consortium has emerged with plans to finance and build the massive Lake Onslow pumped-hydro project, despite the coalition government’s decision to abandon the scheme.
From nuisance to crisis: New report on pest wasps In Aotearoa
24 Sep 2025
Media release: Moths and Butterflies NZ Trust | Just published is the Final Report of the Pest Wasps Survey carried out by the Moths and Butterflies of NZ Trust (MBNZT) offering a comprehensive look at New Zealanders’ awareness, experiences, and attitudes toward wasps and the growing ecological, health, and social issues associated with them.
What makes Melissa such a dangerous storm?
Thu 30 Oct 2025
A very powerful hurricane has made landfall in Jamaica and is the strongest storm to hit the Caribbean island in modern history.
NZ marine heatwaves could double in intensity under high-emissions pathway
16 Oct 2025
By Shannon Morris-Williams | New projections show marine heatwaves will grow more intense around the North Island and more frequent around the South Island as the climate warms – raising risks for fisheries, aquaculture, coastal ecosystems and tourism.
Foresta welcomes Government support for Kawerau plant
Thu 30 Oct 2025
By Diane McCarthy, Local Democracy Reporter | A $9 million Government boost to wood energy production has been welcomed by a company with its sights set on building a torrefied wood pellet plant in Kawerau.
Oil firm TotalEnergies made misleading green statements, court rules
Tue 28 Oct 2025
A French oil company engaged in “misleading commercial practices” about the scope of its environmental commitments, a court has ruled.
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.”
Super Fund smashes decarbonisation goals
23 Oct 2025
By Pattrick Smellie | The New Zealand Superannuation Fund continues to blow through its self-imposed targets for decarbonising its investment portfolio, increasing its exposure to fast-growing green technology opportunities in the process, according to its 2025 climate statement.
No major banks have yet committed to stop funding new oil, gas and coal, research finds
24 Oct 2025
‘The objectives of the Paris agreement are slipping further out of reach,’ say researchers.
Is greenhushing the new greenwashing? Or something else entirely
24 Oct 2025
Companies used to be accused of faking sustainability via greenwashing. Now some are hiding actual climate progress.
Coal imports up 650%
12 Sep 2025
By Shannon Morris-Williams and Liz Kivi | Coal imports are up 650% as generators stockpile the most polluting fossil fuel ahead of next winter.
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.
Vero warns losses to rise 26% by 2050 over extreme weather
Wed 29 Oct 2025
By Shannon Morris-Williams | Extreme weather could drive a 19–26% spike in annual insurance losses by 2050, fuelled by rising seas and more intense flooding, according to Vero’s latest Climate-Related Disclosures Report.
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.
Norway faces European Court climate ruling over oil licences
Wed 29 Oct 2025
The European Court of Human Rights will decide on Tuesday if Norway breached its climate obligations when it awarded Arctic oil exploration licenses in 2016.
Nelson commuters urged to ditch car once a week
22 Oct 2025
By Max Frethey, Local Democracy Reporter | Nelson has a bold carbon emission reduction target and residents are being encouraged to leave the car at home one day a week to help meet it.
Bill to ban new coal mines fails at first reading
24 Oct 2025
By Shannon Morris-Williams | A bid to outlaw new coal mines was defeated at its first hurdle in Parliament this week, after a heated debate pitting climate imperatives against energy security and affordability.
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.
Climate impacts hit NZ with increasing wild weather
23 Oct 2025
By Liz Kivi | New Zealand is facing a triple whammy of climate impacts today, with severe winds and rainfall predicted for much of the country while some areas are still dealing with wildfires ignited earlier in the week.
‘Weird and sad’ – Tuvalu Climate Minister condemns NZ halving methane target
15 Oct 2025
By Liz Kivi | Dr Maina Talia, Tuvalu’s Minister for Home Affairs, Climate Change, and Environment, says he’s surprised at New Zealand’s decision to weaken its target for reducing methane emissions – and is planning to take up the issue with his counterpart Climate Minister Simon Watts this week.
Lobby group launches ‘blueprint’ for ocean management reform
18 Sep 2025
The Environmental Defence Society yesterday released its plan to tackle widespread ecological decline in our oceans.
FMA grants temporary 'no action' relief for for firms set to exit climate reporting regime
Wed 29 Oct 2025
The Financial Markets Authority has announced it won't take action against companies expecting to fall out of mandatory climate reporting obligations, if they fail to lodge climate statements while the law changes are pending.
Judge dismisses suit by young climate activists against Trump’s pro-fossil fuel policies
17 Oct 2025
Plaintiffs had ‘overwhelming evidence’ of climate crisis but a court injunction would be ‘unworkable’, ruling says.
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.
Difficult trade-offs ahead for climate adaptation
17 Oct 2025
By Shannon Morris-Williams | While climate impacts are already here, bringing the urgent need to accelerate effective adaptation now, the Government's newly minted adaptation framework still leaves important questions unanswered about who will pay.
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.
Climate scientists and republican lawyers are taking aim at Big Tech’s emissions
17 Oct 2025
Technology companies have long been one of the biggest investors in clean energy, but new accounting rules could upend that.
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.
Councillor calls out ‘anti-EV propaganda’ after fatal bus fire
Wed 29 Oct 2025
By Torika Tokalau, Local Democracy Reporter | An Auckland councillor says he's disappointed with the level of misinformation circulating about a fatal collision involving an electric bus and car last week.
Fix it, don't ditch it: University of Auckland hosts first Repair Cafe
9 Oct 2025
Media release - Auckland University | The University's first-ever Repair Cafe is bringing students and staff together to give broken items a new lease on life, while promoting a culture of repair and reuse.
Council buys dairy farm to help clean up Lake Rotorua
21 Oct 2025
Bay of Plenty Regional Council has bought a 266-hectare dairy farm in the Lake Rotorua catchment and plans to retire it from production to reduce nitrogen entering the lake.
Adaptation plan at odds with public sentiment: survey
21 Oct 2025
By Liz Kivi | The Government’s position on climate adaptation buyouts shows a disconnect with public opinion, according to survey findings from insurer Suncorp NZ.
‘Damp squib’ – Govt energy plan slammed for locking in fossil fuels
2 Oct 2025
By Shannon Morris-Williams | Critics across business, climate groups and the opposition say the Government’s electricity reforms duck structural change, double down on LNG and gas, and offer little relief for soaring power prices – warning of an “expensive white elephant", deeper energy poverty and a missed chance to scale renewables.
