Topics tagged with 'NZ ETS'
New planting rules could cost forest owners
8 Oct 2010
New environmental rules for commercial forests could leave owners with a carbon liability.
Demand building, but little evidence of increased prices
8 Oct 2010
The Mexican stand-off between buyers and sellers continues, Westpac reports.
Free credits now in the hands of industrial emitters
1 Oct 2010
Free carbon credits have been issued to industrial users.
Poor leadership means NZ's a climate change flop
1 Oct 2010
New Zealand’s performance on climate change has been given a fail mark – and the blame is being laid at the feet of our political and business leaders who "continue to live high-emission lifestyles".
ETS changes leave Kiwis with $820m Kyoto bill
1 Oct 2010
Changes to the Emissions Trading Scheme will leave the public with an $820 million deficit for the first commitment period of the Kyoto Protocol.
Former MP heads agriculture advisory group
1 Oct 2010
Former National Party MP Katherine Rich is to head the group advising the Government on the rules governing agriculture’s entry to the Emissions Trading Scheme.
ETS in full swing as last bits tidied
1 Oct 2010
With the passing of eight sets of regulations to bring in remaining sectors, the Emissions Trading Scheme is effectively now fully implemented, says Buddle Findlay senior associate Alastair Camereon.
Mexican stand-off in market, says Westpac
1 Oct 2010
The NZU market has ground to a halt, with light trade in small parcels occurring this week, Westpac reports.
Market awaits flow of new fishing carbon credits
24 Sep 2010
The fishing industry is moving to sell its allocation of NZUs in large parcels.
Combet admits carbon tax an option
24 Sep 2010
Australian Climate Change Minister Greg Combet has given a clear sign the Government is prepared to consider introducing a carbon tax.
Coal comfort: New climate minister vows support
17 Sep 2010
Australia's new climate change minister, former coal engineer Greg Combet, has been quick to reassure the country's coal mining industry of its vital role in the country's economy.
… but major miner says to look beyond coal
17 Sep 2010
Australia should ''look beyond coal'' and toward other energy sources, says the head of the world’s largest miner, BHP Billiton.
Owners await NZU allocations
10 Sep 2010
Owners of pre-1990 forests have applied for NZUs, but so far none have reached the market.
Forest owners call for roadshow encore
10 Sep 2010
Government officials are considering taking their Emissions Trading Scheme roadshow on the road again – this time for the owners of post-1989 forests.
Early Greens pressure could see an Aussie ETS
10 Sep 2010
Australia is now much more likely to introduce a price on planet-warming carbon pollution after support by independents and Greens returned the Labor Party to office this week.
Pressure builds to change ETS obligation rule
3 Sep 2010
Some companies are buying carbon credits to offset the cost of carbon in fuel and energy as pressure builds to change the rules over who is responsible under the Emissions Trading Scheme for accounting for carbon.
Mighty River likes look of carbon market
3 Sep 2010
Mighty River Power says it has ideas that could see its involvement in the carbon market stretch beyond buying credits to offset its own liabilities.
We pay $11m too much, say major power users
3 Sep 2010
The Emissions Trading Scheme is costing large commercial electricity users $11 million a year more than it should, the Major Electricity Users Group claims.
India to start market-based carbon trading
3 Sep 2010
India will soon start a market-based emission trading system to check industrial pollution, Environment Minister Jairam Ramesh has announced.
Traders demand EU act to bolster market
27 Aug 2010
European carbon market traders have called on the European Union to act now to inject some much needed confidence into the market.
Supply light on local market
27 Aug 2010
This week we have seen prices trading between $18.40 and $18.75, Westpac reports.
Quota owners slow to hook carbon accounts
20 Aug 2010
Fewer than half of the owners of fishing quota have taken the crucial step of opening accounts on the New Zealand Emissions Unit Register.
The Carbon Traders 4: Richard Hayes, EITG
20 Aug 2010
Richard Hayes’ experience in technology and interest in environmental offsetting are combining to do good things.
Trade in NZUs remains light
20 Aug 2010
This week we have seen NZU prices trading between $18.35 and $18.75, Westpac reports.
Kiwi ETS wins minister a rare bouquet
13 Aug 2010
Climate Change Issues Minister Nick Smith has had an unusual experience this week – he’s being feted for the Emissions Trading Scheme.
What Nick Smith said to transtasman business leaders
13 Aug 2010
This week Climate Change Issues Minister Nick Smith spoke at the 6th annual Climate Change and Business Conference, being held in Sydney. This is what he said:
The Carbon Traders 3: Wayne King, Carbon Market Solutions
13 Aug 2010
Wayne King has been behind some of the biggest carbon deals in New Zealand, but he got into the business almost by accident.
Tasman challenge: Cut emissions by 15 per cent
13 Aug 2010
Australia and New Zealand can cut their greenhouse gas emissions by at least 15 per cent by 2020 in economically beneficial ways, say business leaders at the 6th Australia-New Zealand Climate Change and Business Conference in Sydney.
Local trading picks up
13 Aug 2010
While trade remains relatively light, there has been an increase in trading activity this week, Westpac reports.
How to avoid emissions reporting penalties
6 Aug 2010
Businesses entering the Emissions Trading Scheme should minimise the risk of heavy penalties for getting it wrong by getting their systems approved by officials, a lawyer is warning.
Fuel prices mainly unaffected by ETS
6 Aug 2010
Retail fuel prices remained virtually unchanged during July, despite the introduction of the Emissions Trading Scheme, says a petrol-price watchdog.
Farm leader angers 'foreign-owned' foresters
30 Jul 2010
Federated Farmers have drawn the ire of foresters with a claim that “foreign-owned” forestry companies could destroy New Zealand’s rural economy by turning farmland into carbon forests.
Credits due for pre-1990 forests
30 Jul 2010
Owners of pre-1990 forests can start applying for carbon credits from Sunday.
The Carbon Traders 1: Nigel Brunel, OMFinancial
30 Jul 2010
Nigel Brunel is not a typical greenie. In fact until recently, he would probably have been insulted to be called one. But then he discovered carbon, and started thinking about how putting a price on greenhouse gases could really change the world.
We want emissions trading, say Aussies
30 Jul 2010
Most Australians are not pleased that they don’t have an emissions trading scheme.
No country for farmers? ... what Federated Farmers said on carbon forestry
30 Jul 2010
Twenty per cent of New Zealand's sheep and beef farms could be replaced by oxymoronic 'carbon forestry', if the ambitions of foreign owned carbon foresters and the Government are realised.
Greens applaud AA advice on tyre pressure
23 Jul 2010
New Zealanders could save money and hundreds of thousands of tonnes of carbon emissions by inflating their car tyres correctly, says the Green Party.
Carbon credits ready to roll for big emitters
16 Jul 2010
Carbon credits allocated to industrial emitters to help them to adjust to the Emissions Trading Scheme could start flowing on to the market in the middle of next month.
Rain and recession cut our pollution figures
16 Jul 2010
New Zealand’s emissions of greenhouse gases have fallen, thanks to rain and the recession.
Foresters: Farmers can't see wood for the trees
16 Jul 2010
The Emissions Trading Scheme makes farm forestry even more viable – but many farmers just don’t get it yet, says the Farm Forestry Association.
Japan's ETS plans hit electoral snag
16 Jul 2010
An upper-house election in Japan has cast doubt on the government’s plans to develop an emissions trading scheme to meet an ambitious carbon reduction target.
Has Australian cabinet hit on quick carbon fix?
16 Jul 2010
The Australian Government has agreed to a climate-change policy based on a series of measures, including a commitment to set an interim carbon price that it will introduce over the next two years, says a national newspaper.
Labour: National needs a plan, not just a recession and rain, to beat emissions
16 Jul 2010
The Government can claim no credit for today's official greenhouse gas emissions statistics, which show the first ever reduction in transport sector emissions and a decrease in electricity sector emissions due to less coal-fired generation, Labour's environment spokesperson Charles Chauvel says.
Greens: Govt relies on rain and recession to reduce emissions
16 Jul 2010
The Green Party says John Key’s Government is relying on heavy rain and recession to lower greenhouse emissions, while simultaneously building more motorways.
Big firms can now ask for free carbon allocations
9 Jul 2010
Applications for free carbon credits for trade-exposed heavy emitters are open at last – for some industries, at least.
Foresters test carbon sales through Trade Me
9 Jul 2010
Foresters are trying Trade Me as a platform to sell carbon.
Soil saviour Flannery to tell our farmers how
9 Jul 2010
Australian scientist and environmentalist Tim Flannery is heading to New Zealand to push the idea of sequestering carbon in our soil.
Sellers few and far between
9 Jul 2010
The New Zealand market remains firm as emitters continue to pick up units in the $18 range, reports OMFinancial.
Businesses could carve $2b off energy bills
2 Jul 2010
New Zealand businesses could shave $2 billion off the country’s $16 billion annual energy bill – and cut the country’s Kyoto bill - by adopting some simple, relatively inexpensive measures.
NZ carbon market catching buyers' attention
2 Jul 2010
New Zealand’s domestic carbon market is hotting up.
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.
