Topics tagged with 'NZ ETS'
Why we need to ban industrial CERs soon
21 Oct 2011
A proposed Government ban on industrial CERs should go ahead as soon as possible, says DANIEL WATSON, of Carbon Market Solutions.
Investors sniff out NZ forest fortunes
14 Oct 2011
New Zealand should expect intense interest in our carbon-sequestering forests from Australian investors, especially if the two countries’ emissions trading schemes are linked, says a company involved in carbon forestry on both sides of the Tasman.
Abbott will eat his words, says CMS
14 Oct 2011
The Australian emissions trading scheme legislation was passed through that country’s Federal Parliament this week, and is expected to begin being passed into law by the Senate next month.
Spooked Europe slashes carbon price
14 Oct 2011
European carbon prices hit all-time lows overnight, partly on the back of weak European financial markets, OM Financial reports.
Gas credits ban might catch some emitters
7 Oct 2011
Some emitters are likely to be caught holding carbon credits that cannot be used in the New Zealand Emissions Trading Scheme.
Banning industrial gas units the way to go
7 Oct 2011
Proposals to ban some industrial gas CERs from the New Zealand Emissions Trading Scheme are no surprise, having been foreshadowed in the ETS review released last month, Westpac says.
NZ Steel pockets close to $10m in credits
30 Sep 2011
New Zealand Steel was given nearly 500,000 free carbon credits last year - worth nearly $10 million – to cushion it from the impact of a price on carbon.
Reward inhibitor farmers, says study group
30 Sep 2011
Farmers should be given carbon credits to encourage them to use nitrogen inhibitors, a government committee says.
Eggs deserve a break, says committee
30 Sep 2011
The egg industry could be left out of the Emissions Trading Scheme.
Greens demand subsidy answers
30 Sep 2011
The Government is being accused of subsidising the fossil fuel industry while at the same time campaigning internationally for an end to fossil fuel-industry subsidies.
Car traders see good in ETS review
23 Sep 2011
The Motor Trade Association says the ETS review report provides certainty for business.
Number of positives in ETS review
23 Sep 2011
The Government’s release of the Emissions Trading Scheme review report and recommendations last week provides an interesting basis for all interested parties to detail analysis over whether the recommendations are “good” or “bad”, Carbon Market Solutions says.
That's it ... till after the election
16 Sep 2011
The Emissions Trading Scheme has been kicked for touch until after the election.
Farmers could make money from new-deal ETS
16 Sep 2011
Recommended changes to the Emissions Trading Scheme could see farmers meet their obligations through offsetting.
ETS review runs out of gas on CERs
16 Sep 2011
The Emissions Trading Scheme review panel has stopped short of recommending industrial gas CERs be banned from New Zealand – but only because it didn’t have time to investigate the issue thoroughly.
Carbon progress ... early start, late arrival
16 Sep 2011
How does New Zealand’s transition to a price on carbon compared to that proposed for Australia?
ETS review: We've been heard, say farmers
16 Sep 2011
Federated Farmers sees many of the key points for which it has advocated reflected in the Emissions Trading Scheme review panel’s report.
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.
Media round-up
Fri 24 Apr 2026
In our round-up of climate coverage in local media: What is the real cost of storm-hit infrastructure? Urgency is needed over climate adaptation funding; and a community conservation group has won a legal victory against multinational mining company OceanaGold.
Coal-to-urea plan ‘extremely unlikely’ to be zero carbon
Today 11:15am
By Liz Kivi | A plan to turn Southland coal into nitrogen fertiliser is extremely unlikely “if not impossible” to be net zero, despite the claims of the Australian company applying to fast-track it, says sustainable energy expert Ralph Sims.
$30m airline fund risks ‘burning public money’ without lasting benefit – expert
20 Mar 2026
By Shannon Morris-Williams | A $30 million government package to support regional air routes risks delivering poor value for money while increasing emissions, according to transport strategist Tim Adriaansen.
Europe has 'maybe six weeks of jet fuel left', energy boss warns
20 Apr 2026
Stocks would reach a tipping point in June if Europe was unable to replace at least half of its imports from the Middle East, the organisation said in a report this week.
Biodiversity plan heavy on talk, light on action, expert warns
Fri 24 Apr 2026
By Shannon Morris-Williams | A newly released government biodiversity implementation plan has been criticised for lacking practical action, with one expert saying it focuses too heavily on discussion and data gathering rather than delivering results on the ground.
Burning wood for power worse for climate than gas equivalent, report finds
21 Apr 2026
Research casts doubt on plans by the UK government to offer subsidies for carbon capture attached to the power source.
Forest & Bird warns Emissions Trading Scheme ‘failing’
Today 11:15am
New advice from the Climate Change Commission shows that New Zealand’s main climate policy tool is broken and at risk of collapse without urgent action to cut gross emissions, according to environmental advocates Forest & Bird.
Fossil fuel phaseout talks begin with half the global economy
Today 11:15am
The world’s first fossil fuel phaseout conference has begun in Santa Marta, Colombia, with 57 countries representing more than half of global GDP, 30% of the world’s population and 20% of global fossil fuel production.
Carbon ‘stockpile’ up 9 million in March quarter
10 Apr 2026
By Liz Kivi | The ‘stockpile’ of pollution permits (NZUs) in private accounts has increased by just over 9 million to almost 145 million since the end of 2025, according to the latest figures from the Environmental Protection Authority.
Victorian Hydrogen announces Southland urea fertiliser project using coal
Wed 22 Apr 2026
By Liz Kivi | Australian-based Victorian Hydrogen has announced it is developing a new 1.5 million-tonne-a-year urea fertiliser operation in Southland, which it will apply for under fast-track legislation.
Supply-side pressures and political uncertainty ahead for carbon market
7 Apr 2026
By Kristen Green | ANALYSIS: With failed auctions, a surge of new forestry registrations, and an election a few months away, the NZ ETS in 2026 will be subject to a mix of supply-side pressures and political uncertainty.
Latest emissions inventory: ‘Something has gone very wrong’
16 Apr 2026
By Liz Kivi | New Zealand’s greenhouse gas emissions in 2024 decreased by just 0.1% compared to 2023, in what an expert says is a “terrible result”, compared to faster progress in previous years.
What Magyar’s defeat of Orbán in Hungary means for climate and energy
21 Apr 2026
Hungary has played a disproportionate role in EU climate and energy policy in recent years, by repeatedly vetoing climate action and by delaying the phaseout of Russian fossil-fuel imports.
Commission advises no change to ETS settings but warns Govt of looming risks
Fri 24 Apr 2026
By Liz Kivi | The Climate Change Commission is warning the Government of a possible shortfall of Emissions Trading Scheme units by the late 2020s and says the scheme will struggle to provide an investment signal by the mid-2030s.
The Iran war has the world buying more clean energy. China stands to benefit the most
Today 11:15am
The war in Iran has sent oil-starved countries scrambling for fuel. Many are opting for energy alternatives — and turning to the renewables king of the planet: China.
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.
Northland community climate resilience fund faces massive demand
Fri 24 Apr 2026
By Susan Botting, Local Democracy Reporter | A three‑year‑old ratepayer-funded Northland Regional Council community climate resilience fund is experiencing strong demand, with to date around five times more money sought than is available.
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.
NZ cleantech could match forests in emissions cuts – but funding gap looms
Wed 22 Apr 2026
By Shannon Morris-Williams | A handful of New Zealand cleantech startups could cut global emissions by 19.2 million tonnes a year by 2030, but a lack of capital is threatening to slow their scale-up, a new report shows.
Going concern status flags depth of Methanex NZ's gas crisis
21 Apr 2026
Methanex's New Zealand operation is relying on financial support from its Canadian parent to remain a going concern after a second consecutive year of asset impairments left the business with negative equity.
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.”
Green Party calls for national electrification plan
20 Apr 2026
By Liz Kivi | The Green Party is calling for a national plan to electrify homes, transport and industry using renewable energy, to reduce fossil fuel dependence in response to the Middle East crisis.
Self-interest should drive investment in overseas climate action, says former climate commissioner
13 Apr 2026
By Liz Kivi | Wealthy countries – including New Zealand – aren’t doing nearly enough to fund climate mitigation in the developing world, with new research saying we need to "change the conversation" to spark action in this vital area.
Fonterra admits ‘100% grass-fed’ claim breached law in greenwashing row
2 Apr 2026
By Shannon Morris-Williams | Fonterra has admitted its “100% New Zealand grass-fed” claims on Anchor butter were misleading and breached the law, settling a case brought by Greenpeace Aotearoa over packaging used between December 2023 and April 2025.
Mercury signs major hydro upgrade programme with ANDRITZ
Thu 23 Apr 2026
Media release | Mercury has signed a contract with international technology group ANDRITZ as part of a $590 million upgrade of three of the nine hydro stations on the Waikato River.
NZ prepares to join ‘gold rush’ for white hydrogen
25 Mar 2026
By Pattrick Smellie | New Zealand may be close to commercialising the capture and use of naturally occurring ‘white’ hydrogen, with investment plans for developments in the Wairarapa region picking up pace in response to spiralling oil prices.
Storms hitting New Zealand every eight days
Thu 23 Apr 2026
By Shannon Morris-Williams | Storms are now striking New Zealand nearly every week, with new data showing a sharp rise in frequency and intensity as the country reels from repeated flooding and extreme weather events.
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.
Environmental groups sue Trump administration over approval of new ultra deep-water drilling project
Thu 23 Apr 2026
Environmental groups sued the Trump administration on Monday over its approval last month of oil company BP’s ultra deep-water drilling project in the Gulf of Mexico.
Tehran will never cede control of Strait of Hormuz, senior Iranian politician tells BBC
21 Apr 2026
"Never." That's when a senior Iranian lawmaker says they'll be ready to give up their control of the Strait of Hormuz.
Climate risks could reshape business finances, new guidance warns
15 Apr 2026
By Shannon Morris-Williams | New guidance warns climate change is set to fundamentally reshape financial outcomes for businesses, including difficult-to-model climate “tipping points” – irreversible changes such as ice sheet collapse or ocean circulation shifts – which threaten severe and sudden financial impacts.
Climate pollution static but NZ still on track for first emissions budget, says MfE
17 Apr 2026
By Liz Kivi | New Zealand is still on track to meet its first emissions budget, according to the Ministry for the Environment, despite the pace of emissions reductions slowing to a standstill.
Announcements expected soon on $200M gas fund
Fri 24 Apr 2026
By Pattrick Smellie | Fossil fuel companies appear likely to take up a $200 million government fund to encourage additional oil and gas exploration, dashing lobbyist Business New Zealand’s hopes that it might be repurposed to underwrite industrial electrification.
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.
Pacific Islands call for fossil fuel phase-out, NZ hangs back
Thu 23 Apr 2026
By Liz Kivi | Pacific Islands nations have launched a landmark declaration for a Fossil Fuel Free Pacific, calling for a Fossil Fuel Treaty and urgent phase-out of fossil fuels, however New Zealand isn’t rushing to join the call.
Kiwis overly optimistic about state of environment
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.
‘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?
Thousands protest in Germany urging faster shift to renewable energy, amid Iran war
20 Apr 2026
Thousands of people demonstrated across Germany on April 18, urging a faster shift to renewable energy and accusing conservative Chancellor Friedrich Merz’s coalition of putting the brakes on the transition.
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.
Environment ministry straining under pressure of reforms and potential disestablishment
15 Apr 2026
The ministry responsible for New Zealand’s most significant resource management reform in a generation is doing so under institutional strain, compressed timeframes, and an uncertain future – including its own potential disestablishment.
Timaru’s buses go fully electric
Thu 23 Apr 2026
By Shannon Morris-Williams | Timaru’s bus service is set to go fully electric with the rollout of 10 new vehicles, marking a major step in cutting emissions and advancing Canterbury’s low-carbon public transport network.
The one-million whale climate solution: 6000-mile voyage launches to audit ocean carbon sinks
Today 11:15am
Media release: Pacific Whale Fund | An unprecedented, multi-year ocean expedition launches this week to lay the scientific and legal groundwork for recognising the recovery of whale populations as a vital climate solution across the Pacific.
Media round-up
17 Apr 2026
In our round-up of climate coverage in local media: The fuel crisis is a chance for government to reduce greenhouse gas emissions, what would it take to tap into New Zealand's oceans energy, and which political parties would subsidise your rooftop solar panels?
Carbon trading schemes cut more emissions than carbon taxes, according to global study
20 Mar 2026
By Shannon Morris-Williams | Carbon trading schemes are more effective than carbon taxes at reducing emissions, cutting fossil fuel use, and accelerating the shift to renewable energy, a global study has found.
AI surge gives carbon capture a new push
15 Apr 2026
Technology that captures carbon emissions from power plants may finally get a breakthrough as deep-pocketed tech companies try to meet climate goals while powering the AI race.
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.
Electric car sales soar 51% in mainland Europe as Iran war drives up fuel prices
Wed 22 Apr 2026
Buyers’ interest in electric cars has risen across Europe since the start of the war in Iran in late February, as the rising cost of petrol highlights the cheaper power available from a plug.
India walked away from its bid to host COP33 – here's why
16 Apr 2026
India has quietly abandoned its bid to host the UN's top-tier climate conference COP33, marking a shift from PM Narendra Modi's pledge in 2023. Experts and analysts explore what's behind the decision.
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.
Extreme weather in Wellington ‘a different beast’
21 Apr 2026
By Liz Kivi | Climate scientist Luke Harrington says the small-scale but intense floods which have slammed the capital in recent days are the kind that intensify most rapidly in a warming climate – and are the hardest to predict.
Scientists forecast wildfire risk for species survival under climate change
Fri 24 Apr 2026
A new study warns climate change could increase the global area susceptible to wildfires in the future, putting many more species at risk than today.
Record 165 GW of wind power capacity added in 2025, led by China, report says
Wed 22 Apr 2026
The global wind industry installed a record 165 gigawatts of new capacity last year, up 40% from 2024 and mostly driven by China, a report by the Global Wind Energy Council said, adding this still lagged the pace needed to hit a key climate goal.
