Topics tagged with 'NZ ETS'
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.
ETS cutting emissions, says minister
19 Aug 2011
New Zealand’s greenhouse gas emissions from electricity generation are the lowest in a decade - and Climate Issues Minister Nick Smith says that the Emissions Trading Scheme can take part of the credit.
Ag emissions move difficult, says minister
12 Aug 2011
Measuring agricultural greenhouse gas emissions on an intensity basis is attractive but difficult, our international climate change negotiations minister says.
Survey shows we fret over climate costs
12 Aug 2011
A climate change-policy lobby group says that its latest survey shows New Zealanders are worried about the cost of dealing with climate change.
Japan cuts ties with the past
5 Aug 2011
In business offices around Japan, executives are not wearing ties in a bid to cut energy use.
Conference sparks interest in NZ
5 Aug 2011
Organisers of the 7th Australia New Zealand Climate Change and Business Conference say its success shows that other countries are interested in what is happening in New Zealand.
Major changes unlikely, says ETS review head
1 Aug 2011
The Emissions Trading Scheme review panel is unlikely to change its recommendations substantially in light of Australia’s carbon pricing moves.
ETS review extended in wake of Aussie plan
1 Aug 2011
Climate Change Minister Nick Smith is seeking an update from the Emissions Trading Scheme review committee to take account of Australia’s recent announcements to implement a carbon price.
One-for-two deal must stay, says coalition
29 Jul 2011
The Greenhouse Policy Coalition is warning that New Zealanders will face higher prices for fuel and electricity if the Government removes the one-for-two obligation in the Emissions Trading Scheme.
Perfect storm behind the CER meltdown
29 Jul 2011
Six weeks ago, the price of a CER was 13 euros and the emissions markets were looking healthy; a couple of weeks’ later, they were fetching 9 euros. Why the rapid meltdown, asks Richard Hayes of Environmental Intermediaries & Trading Group Limited.
Australian carbon bills on the move
29 Jul 2011
Australians have until August 22 to comment on legislation to bring in a price on carbon.
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.
Empty emergency reserve forces $6.1m flood repair loan
Mon 2 Mar 2026
By Kira Carrington, Local Democracy Reporter | A depleted emergency fund has forced Marlborough to borrow $6.1 million to repair damage from last year's floods.
South Korean farmers sue utility giant KEPCO over climate damage to crops
25 Feb 2026
As harvest season approached last November, farmer Ma Yong-un walked through his apple orchard in southern South Korea with a growing sense of dread.
Air NZ joins Marsden Point SAF project
Tue 3 Mar 2026
By Pattrick Smellie | Air New Zealand has quietly added its name to a consortium exploring the viability of green hydrogen production for sustainable aviation fuel at Channel Infrastructure’s Marsden Point energy hub.
Singapore sets first ever sustainable aviation fuel levy, as Southeast Asia’s fuel industry grows
17 Feb 2026
Flying in and out of Singapore, home to Southeast Asia’s busiest airport, will get slightly more expensive this year as the city state begins imposing a levy of between 75 cents to $32 per ticket to fund sustainable aviation fuel.
World leaders invited to see Pacific climate destruction before COP31
Tue 3 Mar 2026
The leaders and climate ministers of governments around the world will be invited to meetings on the Pacific islands of Fiji, Palau and Tuvalu in the months leading up to the COP31 climate summit in November.
Govt’s own modelling shows LNG leads to higher electricity prices than other solutions
19 Feb 2026
By Christina Hood | COMMENT: According to modelling conducted by Concept Consulting for MBIE, either developing the Tariki gas storage facility or managing electricity demand would deliver lower wholesale electricity prices than the Government’s preferred solution of an LNG import terminal.
Bidders no-show at carbon auction – again
Tue 3 Mar 2026
By Liz Kivi | As predicted, today’s carbon auction yet again failed to attract any bidders, with NZUs currently trading hands on the secondary market at a 35% discount on this year’s auction floor price.
Oil and gas prices jump as conflict escalates
Tue 3 Mar 2026
Oil and gas prices have surged as Iran continues to launch strikes across the Middle East in response to ongoing attacks by the US and Israel.
Carbon auction set to be another non-event
Mon 2 Mar 2026
By Liz Kivi | Tomorrow’s Emissions Trading Scheme auction – the first for 2026 – is set to be a non-event, with secondary market prices more than $25 below this year’s $71 auction floor price.
3,600 times faster: China is shaking up the steel industry
25 Feb 2026
For over a century, making steel meant coal, heat, and hours of waiting. A Chinese research team now reports collapsing that process into just three to six seconds; no coal, near zero emissions, and a vortex lance already moving toward commercial production. The technology is called flash ironmaking, and in February 2026, its implications are still unfolding.
LNG: a rational choice compared to unpalatable alternatives
10 Feb 2026
By Pattrick Smellie | COMMENT: By deciding to underwrite the private construction of a liquefied natural gas import facility in Taranaki, the Government has made a rational choice in favour of energy security and affordability.
Sustainable retail-office project breaks ground under new Green Star framework
19 Feb 2026
Construction is set to begin on a new retail-office development in central Auckland, which is targeting a 40% reduction in embodied carbon and 25% lower energy.
Opposition attacks Govt over fossil fuel phaseout backdown
2 Feb 2026
By Liz Kivi | Revelations that Resources Minister Shane Jones ruled out New Zealand signing up to a 'road map' away from fossil fuels at last year’s global climate summit show the National Party’s minor coalition partners’ undue influence over the Government, according to Labour leader Chris Hipkins.
Italy calls for suspension of EU carbon market
Mon 2 Mar 2026
The Italian Minister said the Emissions Trading System (ETS) has a "perverse effect" and is condemning European companies from being competitive with other countries, urging other member states to back the suspension.
How Trump’s war could destabilize the global energy market
Mon 2 Mar 2026
It starts — but doesn’t end — with the Strait of Hormuz.
Environmental groups call for ETS reform
20 Feb 2026
Several environmental organisations are calling on political parties to make climate and biodiversity central to the 2026 election campaign, with reforming the Emissions Trading Scheme seen as a key priority.
Pacific climate advocates welcome pre-COP31 meeting in Fiji and Tuvalu
Fri 27 Feb 2026
Media release – 350.org | Climate advocates across the Pacific will now prepare for the Pre-COP31 meetings in Fiji and Tuvalu, with the Pacific Islands Forum confirming the hosts yesterday.
Transport dominates NZ’s rising consumer emissions
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.
The 15 foods destroying rainforests, in one simple chart
25 Feb 2026
It’s pretty much impossible to live a life free of environmental harm. But there is one thing you could do immediately that would help the planet a heck of a lot: eat less beef.
Judge orders Greenpeace to pay $345m over Dakota Access pipeline protest
Mon 2 Mar 2026
Greenpeace says the case is far from over after being found liable for defamation and other claims brought by the energy firm.
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.”
New study looks to nature markets to accelerate climate response
18 Feb 2026
The Nature Conservancy is teaming up with local groups to study the most affordable and effective ways of restoring native habitats at the top of the South Island, including ways to fund the work using international voluntary carbon markets and biodiversity credits.
Surviving on Trump's dangerous planet
Mon 2 Mar 2026
COMMENT: Yet another war, and yet another argument for an end to oil.
Claims that AI can help fix climate dismissed as greenwashing
18 Feb 2026
Tech companies are conflating traditional artificial intelligence with generative AI when claiming the energy-hungry technology could help avert climate breakdown, according to a report.
Govt missing opportunity to slash electricity prices, says expert
11 Feb 2026
By Liz Kivi | The Government’s fixation on eliminating the "dry-year risk margin" as a lever to reduce costs misses a much bigger opportunity to lower electricity prices, according to Christina Hood, head of Compass Climate.
Media round-up
13 Feb 2026
In our round-up of climate coverage in local media: Senior UK ministers have asked their New Zealand counterparts to explain new climate policies, National’s LNG blunders are a warning ahead of election campaign, and what are the lessons New Zealand should take from another summer of weather disasters?
Wales council to buy and demolish homes prone to flooding
4 Feb 2026
A row of homes in a village in south Wales is to be bought by a local authority and demolished as they can no longer be protected from flooding caused by the climate crisis.
Climate law change spanner in the works for Waitangi Tribunal Inquiry
19 Dec 2025
By Liz Kivi | The Government’s controversial changes to New Zealand’s legal framework for climate policy have thrown a spanner in the works for a long-running Waitangi Tribunal Inquiry into climate change.
EDS puts environmental lawmaking under the spotlight
Thu 26 Feb 2026
Media Release |The Environmental Defence Society has launched the first in a series of investigative pieces into how environmental laws are being made in Aotearoa New Zealand.
Climate 'dream team' launches foundation targeting 100 million tonnes in emissions cuts
25 Feb 2026
By Shannon Morris-Williams | The New Zealand Climate Foundation, which has the ambitious aim of cutting 100 million tonnes of greenhouse gas emissions by 2035, had its official launch on Monday.
China has a new competitor? Kazakhstan reveals huge rare Earth deposit that could power the next tech boom
25 Feb 2026
China’s grip on rare earths might finally see some competition, and the world is already taking notice.
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.
Kiwis overly optimistic about state of environment
Fri 27 Feb 2026
By Shannon Morris-Williams | New research suggests many New Zealanders believe the environment is in better shape than it really is, with public perceptions often out of step with scientific evidence.
UN approves first carbon credits under Paris Agreement market mechanism
Fri 27 Feb 2026
The United Nations has approved the first credits to be issued under a carbon market established by the Paris climate accord, aimed at reducing emissions – a mechanism that has faced scrutiny over greenwashing concerns.
Australia-US minerals deal underpinned decision to allow mining company to clear threatened indigenous forest
23 Feb 2026
The Australian government’s decision to allow the US mining giant Alcoa to continue clearing swathes of Western Australian jarrah forest despite past illegal clearing practices was made in part due to a critical minerals deal reached between Australia and the Trump administration last year, a new document shows.
‘They pushed so many lies about recycling’: the fight to stop big oil pumping billions more into plastics
24 Feb 2026
Plastic production has doubled over the last 20 years – and will likely double again. For author Beth Gardiner, metal water bottles and canvas tote bags are not the solution. So what is?
Local govt shake-up risks weakened environmental outcomes – Commissioner
Fri 27 Feb 2026
By Shannon Morris-Williams | The Government’s push to simplify local government is "deeply flawed" and has been launched without a clear understanding of which functions must remain regional, according to the Parliamentary Commissioner for the Environment.
UK Greens win by-election as anti-data centre protests mount
Tue 3 Mar 2026
The Green Party's Hannah Spencer won the contest for the vacant parliamentary seat of Gorton and Denton, with Nigel Farage's populist Reform UK party coming second, and Labour pushed into third place.
Media round-up
20 Feb 2026
In our round-up of climate coverage in local media: 'Every tonne matters': The climate scientist who wants to give you hope; Minister says managed retreat is an option; and climate change is here – is New Zealand ready?
Brazil and India agree to boost cooperation on rare earths
24 Feb 2026
Brazil and India sealed a deal Saturday on critical minerals and rare earths, enhancing cooperation on crucial resources between two major countries of the global south as they seek to diversify their trading relationships.
Africa primed for solar breakthrough after record capacity growth
Tue 3 Mar 2026
The continent of Africa looks set to emerge as a key driver of global solar power production over the rest of the 2020s thanks to a potent mix of policy support, rapid economic growth and declining component costs.
High-tech flights tackle climate modelling dilemma
Mon 2 Mar 2026
Media release – University of Canterbury | An ongoing challenge in global climate modelling is being addressed by HALO-South a German-Christchurch collaboration.
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.
NZ-UAE partnership boosts advanced tech
9 Feb 2026
Media release | A new Antarctic science partnership with a leading UAE university will grow New Zealand’s advanced engineering and modelling capability, supporting high-value jobs, encouraging economic growth, and enabling smarter climate risk management, Science, Innovation and Technology Minister Dr Shane Reti says.
Pacific climate response in question as NZ finance remains unclear
19 Dec 2025
By Shannon Morris-Williams | With New Zealand's $1.3 billion international climate finance commitment set to end with no clarity on what follows, the Auditor-General says oversight of that funding remains patchy and long-term outcomes are unclear.
Canterbury rolls out NZ’s first lightweight electric double-decker
Tue 3 Mar 2026
Metro has introduced the country’s first lightweight electric double-decker bus, marking a major milestone for public transport innovation in Canterbury.
General Assembly chief calls for US to pay UN fees in full
Fri 27 Feb 2026
The head of the United Nations General Assembly on Tuesday urged top contributor the United States to pay its fees in full after Washington made only a partial payment to the global body, amounting to less than 5% of the total amount owed.
Infrastructure plan calls for ‘predictable approach’ to electrifying economy
18 Feb 2026
Aotearoa’s first National Infrastructure Plan, introduced to Parliament yesterday, calls for "a predictable approach to electrifying the economy" as one of ten priorities for the next decade.
Study finds warming world increases days when weather is prone to fires around the globe
20 Feb 2026
The number of days when the weather gets hot, dry and windy — ideal to spark extreme wildfires — has nearly tripled in the past 45 years across the globe, with the trend increasing even higher in the Americas, a new study shows.
India and UK launch offshore wind taskforce
23 Feb 2026
Constituted under Vision 2035 and the Fourth India-UK Energy Dialogue, the Taskforce is designed to provide strategic leadership and coordination for India’s nascent offshore wind ecosystem.
