Topics tagged with 'NZ ETS'
ETS review terms out soon
17 Dec 2010
The terms of reference for a review of the Emissions Trading Scheme will be out by the end of the year, the Government says.
CANCUN: A clearer picture is emerging
17 Dec 2010
A clearer overall framework for global greenhouse gas emissions reductions is emerging - even if more work is needed to develop market mechanisms, writes Business New Zealand energy, enviornment and infrastructure manager John Carnegie from Cancun.
CANCUN: Give money to research, says FedFarm
17 Dec 2010
The Cancun climate change summit proved that a solution to global carbon emissions is still as elusive as ever, says Federated Farmers.
Second chance on wilding trees exemptions
17 Dec 2010
Landowners clearing wilding trees established before 1990 have a second chance to apply for an exemption to the deforestation rules under the Emissions Trading Scheme.
Gillard’s clunkers come under microscope
17 Dec 2010
Australian Prime Minister Julia Gillard's cash-for-clunkers proposal would cost 15 times more than an emissions trading scheme to reduce carbon pollution, according to experts.
CANCUN: We're committed, says Smith
10 Dec 2010
Climate Change Issues Minister Nick Smith has told delegates at climate change negotiations in Mexico that New Zealand is committed to cutting greenhouse gas emissions.
CANCUN: We're fooling nobody, says Chauvel
10 Dec 2010
Labour's Climate Change Issues spokesman, Charles Chauvel, reports from Cancun:
NZ sellers caught on the hop, says trader
10 Dec 2010
NZU sellers’ hopes of a continuing upward trend for NZU prices were halted last week due to the effects of a dropping CER price, says Carbon Market Solutions.
Why carbon can mean money for Maori
3 Dec 2010
The Emissions Trading Scheme will deliver more money to Maori than the entire Treaty of Waitangi envelope, says a former All Black captain.
Cancun will learn why Kiwi way is the best
3 Dec 2010
New Zealand’s home-grown method of accounting for the carbon in forests is to be held up at the Cancun climate change talks as a model to other countries – especially those in the developing world.
ETS should be suspended, says NZ First
3 Dec 2010
New Zealand First is reassessing its position on climate change policy – and says that the Emissions Trading Scheme should be put on hold.
Wind group: Court gives nod to wind farms
3 Dec 2010
The Environment Court’s approval of Contact Energy’s proposed Waitahora wind farm recognises that well-designed wind farms are entirely appropriate in windy, elevated farmland, says the Wind Energy Association.
Cancun should show up our ETS, says ACT
3 Dec 2010
The Climate Change Conference in Cancun might be nothing more than a meaningless and actionless talkfest, but it does have one saving grace – it should show the National Government how foolhardy it would be to continue forging ahead with its Emissions Trading Scheme, the ACT Party says.
NZU prices close on CERs
30 Nov 2010
The difference in price between spot NZUs and spot CERs has closed to just a few cents.
Interest grows as CERs deal in NZ dollars
26 Nov 2010
New Zealand emitters can now buy CERs on the domestic market in New Zealand dollars, removing exchange-rate risk.
NZ forest credits might fill CDM shortfall
19 Nov 2010
Clean Development Mechanism developers are looking to New Zealand’s forestry credits to help to make up an expected shortfall in the credits they must deliver from their projects.
Public begins to question free carbon credits
19 Nov 2010
Public support for free carbon credits to help trade-exposed businesses and farmers to adjust to a price on carbon is falling.
Farmers must come first, says Dairy group
19 Nov 2010
Farmers must be the point of obligation if agriculture does come into the Emissions Trading Scheme on schedule, the dairy industry group DairyNZ says.
What Nick Smith said to farmers
19 Nov 2010
Comments by Climate Change Issues Minister Nick Smith to Federated Farmers this week on the prospect of delaying agriculture's entry into the Emissions Trading Scheme have caused a minor media flurry.
Farming call vital for forests, says scientist
19 Nov 2010
Keeping agriculture out of the Emissions Trading Scheme beyond 2015 will affect forestry planting levels, warns a forestry expert.
ETS leading to farm subsidies, warns Fed head
19 Nov 2010
Foresters should be growing trees for wood, not carbon storage subsidies, says Federated Farmers.
Aussies go shopping for carbon information
19 Nov 2010
New Zealand will be on the call list when Australia goes shopping world-wide soon for carbon trading information.
South Korea sets carbon trading scheme rules
19 Nov 2010
South Korean has unveiled proposed legislation governing its carbon emissions trading scheme.
Buyers accruing liabilities faster than they can buy NZUs
19 Nov 2010
Activity in the New Zealand market continues to increase, Westpac reports.
Well, look who's talking sustainability ...
12 Nov 2010
The fact that both National and Labour are taking part in a conference in Parliament today to discuss building sustainability into the economy shows the idea is catching on, organisers say.
ETS not the way to go, says FedFarm
12 Nov 2010
Federated Farmers has launched another assault on the Emissions Trading Scheme.
Forest owner hits rich vein of NZUs sales
5 Nov 2010
The New Zealand forest owner who two weeks ago sold 50,000 tonnes of NZUs at $20.05 a tonne has received more for his latest offering.
CERs take on new appeal for NZ emitters
5 Nov 2010
CERs are emerging as a viable alternative to NZUs for New Zealand emitters.
NZ lends helping hand with Australian ETS
5 Nov 2010
New Zealand is helping Australia to work towards putting a price on carbon.
Supply shortfall may begin to ease
5 Nov 2010
Over the past several weeks, NZU prices have been relatively stable as, with a well understood short term lack of supply, liable entities have resisted pushing prices higher in the knowledge that doing so was not resulting in more volume emerging, Westpac reports.
Our prices too low for Aussie carbon pioneers
29 Oct 2010
Australians are gearing up to sell carbon credits from trees – but say they aren’t interested in the New Zealand market at the moment because prices here are too low.
NZ will talk up markets and forestry at Cancun
29 Oct 2010
Carbon markets and forestry accounting rules will be top of New Zealand’s agenda at Cancun.
We seem to have got ETS right, says Smith
29 Oct 2010
Climate Change Issues Minister Nick Smith says the fact that he’s being told the Emissions Trading Scheme is both too weak and too harsh probably means it is about right.
Frankly speaking - Groser addresses Brazil conference
29 Oct 2010
The challenges of life as an international climate change negotiator have been revealed.
EVENT: Carbon Forum Asia 2010 - on now in Singapore
29 Oct 2010
Of the 2414 CDM (Clean Development Mechanism) projects to date, 77.6 per cent or 1875 are registered in Asia, representing a total of more than 360 million CER (Carbon Emissions Reduction) units.
NZ interest growing in CERs
29 Oct 2010
Spot NZU prices continue to trade in a band between $19.70 and $20.10, Westpac reports.
Sealord looks at ways to ease ETS costs
22 Oct 2010
Fishing giant Sealord is talking to its quota suppliers about how it can help to ease the financial impact of the Emissions Trading Scheme.
Carbon trade transparency key, says manager
22 Oct 2010
The carbon market needs to develop with predictable, transparent practices, says an electricity sector manager involved in buying forward carbon.
Manuka gets more muscle as a carbon crop
22 Oct 2010
Manuka has just become twice as attractive as a carbon crop.
UN okays pioneering Russian carbon project
22 Oct 2010
Russia has been given the green light for its first emissions reductions scheme to be verified under a new UN-backed carbon offset certification procedure.
Forest owners get positive ETS message from Government
19 Oct 2010
Land owners planting carbon forests say they have been assured that the Emissions Trading Scheme will survive when the Kyoto Protocol ends in 2012.
Lawyers shoot down ETS secrecy clause
15 Oct 2010
The Official Information Act over-rides a confidentiality clause in the Emissions Trading Scheme legislation, according to MAF lawyers.
Wind power plays key role in Trade Me cuts
15 Oct 2010
Wind power and a few tonnes of gases given off by a city rubbish dump have allowed Trade Me to go carbon neutral.
Forest owners might get a carbon bonus
15 Oct 2010
Forest owners could be entitled to more carbon credits than they get now if the Government adopts a new system of working out carbon sequestration levels.
Envious Aussies want action on carbon trading
15 Oct 2010
Interest in carbon trading is so strong in Australia that a New Zealand trader is predicting a price on carbon will be in place before the next Federal election.
Europe claims victory for aviation role in ETS
15 Oct 2010
The European Union claims the way is now clear for its plans to include aviation in the EU Emissions Trading Scheme from 2012 following an agreement at a meeting in Montreal.
Current situation not ideal, but outlook for buyers positive
15 Oct 2010
There has been light trade in NZUs this week with buyers continue to wait for further issuance to the pre-1990 forestry allocation, Westpac reports.
Miner vows customers will benefit from free credits
8 Oct 2010
Solid Energy says it will pass the benefits of its free carbon credits on to customers.
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.
