Topics tagged with 'NZ ETS'
Ban gas CERs or wreck market, says trader
8 Apr 2011
The price of carbon in New Zealand will crash if industrial gas CERs are not banned from the Emissions Trading Scheme from 2013, a trader is warning.
Forest owners will get 9m carbon credits
8 Apr 2011
The Government will issue more than nine million carbon credits to the owners of post-1989 forests this year.
Westpac: What happens after 2012?
8 Apr 2011
Uncertainty about the future shape of the Emissions Trading Scheme will affect future prices, Westpac says.
Foresters see way to reduce ETS risk
8 Apr 2011
The Emissions Trading Scheme can be tweaked to reduce risk for the forestry sector without needing any taxpayer subsidy, the Forest Owners' Association says.
Wood processors want slice of the pie
8 Apr 2011
Wood processors want a slice of the scheme providing free carbon credits to trade-exposed industries.
Firms under pressure to manage carbon
8 Apr 2011
Companies are facing increasing pressure from shareholders, employees, competitors, and consumers to put in place strategies to manage carbon, Carbon Market Solutions reports.
Synthetics answer might lie outside ETS
1 Apr 2011
Greenhouse gas emissions from the synthetic gases sector could be dealt with outside the Emissions Trading Scheme, says ETS review panel chair David Caygill.
What the IEA thinks of our ETS
1 Apr 2011
The International Energy Agency says there is no guarantee New Zealand’s Emissions Trading Scheme will actually reduce greenhouse gas emissions.
Government sets 50 by 50 emissions target
1 Apr 2011
The Government has confirmed New Zealand's long-term emissions reduction target of 50 per cent on 1990 levels by 2050.
Greens: Emissions target is green-washing
1 Apr 2011
The Government’s greenhouse gas emissions target is little more than green-washing, said the Green Party.
All going well as emitters file first returns
1 Apr 2011
Government officials say the first round of returns for emitters has gone well - by they're not releasing details yet.
EU emissary talks aviation
1 Apr 2011
Jill Duggan, who has been instrumental in the set up of the European ETS, spoke to a number of New Zealand audiences this week, offering some interesting insights into the future of emissions trading, CMS reports.
Fonterra finds way to beat ETS problems
25 Mar 2011
Fonterra says a lack of liquidity in the New Zealand carbon market has caused the dairy co-operative some problems in its first year under the Emissions Trading Scheme.
How Europe found other ways to cut emissions
25 Mar 2011
Europe has found that you don’t have to bring every industry into an emissions trading regime to get them to cut their greenhouse gas emissions, the panel reviewing the New Zealand scheme is about to hear.
Kiwi carbon player goes it alone
25 Mar 2011
London-based international carbon-trading company EcoSecurities and its New Zealand partner have ended their formal relationship.
New carbon measurement regime for large forests
25 Mar 2011
Owners of large forests are about to shift to a compulsory personalised carbon measurement system.
Ministers reveal more carbon details
25 Mar 2011
The Australian Government has released more details about its plans to put a price on carbon.
Will dialogue influence the outcome of the review?
25 Mar 2011
Stakeholders have begun meeting with ETS review panel, but one cannot help but wonder whether the results of this consultation will in fact find their way into the final recommendations, says Carbon Market Solutions.
Price on move as carbon booms in Europe
18 Mar 2011
New Zealand’s carbon credits are running hot on the back of soaring prices in Europe.
Jilted Fonterra to plead case at ETS review
18 Mar 2011
Access to free credits for trade-exposed businesses and the entry of agriculture into the Emissions Trading Scheme are two of the issues Fonterra will be raising with the ETS review panel.
Forests credit allocations top five million
18 Mar 2011
Owners of pre-1990 forests have now been allocated more than five million carbon credits.
Fukushima drama affects carbon price
18 Mar 2011
Recent events have demonstrated how intertwined New Zealand's Emissions Trading Scheme is with the global financial and carbon markets, says Carbon Market Solutions.
ETS review panel wants YOUR input
11 Mar 2011
The Emissions Trading Scheme review panel wants to know how the scheme is affecting businesses, households, farmers, foresters and Maori.
ETS PAPER 1: Businesses feel the costs
11 Mar 2011
The Emissions Trading Scheme has increased the cost of electricity and fuel for businesses by about 1 per cent of revenue, the panel reviewing the scheme says.
ETS PAPER 2: World situation unclear
11 Mar 2011
New Zealand could decide it is economically sensible to push ahead with the Emissions Trading Scheme even if the world fails to negotiate a successor for the Kyoto Protocol, the panel reviewing the ETS says.
Business lobby group tries to set the tone
11 Mar 2011
Business New Zealand is making a bid to set the tone of the Emissions Trading Scheme review by pre-empting the launch of the review panel’s issues paper today with one of its own.
Caygill crew meets business leaders
11 Mar 2011
The committee reviewing the Emissions Trading Scheme has already met with some of the country’s most influential bodies as it works towards its June deadline.
Industrial emitters lodge first returns
11 Mar 2011
The first industrial emissions returns have been lodged with the Ministry of Economic Development.
Emissions target unrealistic, says lobbyist
4 Mar 2011
The natural resources sector is warning the Government that it’s unlikely to meet its target of halving greenhouse gas emissions by 2050.
Forest owners pick up three million credits
4 Mar 2011
Forest owners have so far received a total of more than three million credits for carbon sequestered in their forests last year.
UK expert to talk with ETS review group
4 Mar 2011
The committee reviewing the New Zealand Emissions Trading Scheme is to hear from one of Britain’s top carbon markets advisers.
Australia will get over carbon tax drama
4 Mar 2011
The Gillard carbon tax drama In Australia will subside with time just as it did in New Zealand, Carbon News Solutions predicts.
Australia sets date for carbon scheme
25 Feb 2011
Australia will have a price on carbon by July next year.
NZ farmers happy with omission of agriculture
25 Feb 2011
Federated Farmers will use Australia's decision not to put a price on agricultural emissions to back its argument to keep farmers out of the New Zealand scheme.
Labour: It's the same old story
25 Feb 2011
The Labour Party says the opposition in Australia to putting a price on carbon is reminiscent of what happened in New Zealand.
Sell CERs and bank the profit, broker says
25 Feb 2011
Spot NZUs traded higher this week, touching a high of $19.60, OMFinancial reports.
EXCLUSIVE: Govt stays silent on free allocations
18 Feb 2011
The Government is still refusing to say how many free carbon credits are being given to some of New Zealand’s biggest companies, despite an Official Information Act request.
Lignite mining could send emissions soaring
18 Feb 2011
Solid Energy’s proposed lignite projects in Southland could add 10 million to 20 million tonnes to New Zealand’s annual greenhouse gas emissions.
Aussie scheme could be lucrative for NZ carbon sellers
18 Feb 2011
As more of the Garnaut papers are released, Australia moves closer to a revised carbon scheme, Carbon Market Solutions says.
Foresters' champion plants trees for carbon
11 Feb 2011
The man who won forest owners the right to earn money from the carbon stored in their trees is about to plant his first dedicated carbon forest.
ETS group looks at oral submissions
11 Feb 2011
The committee reviewing the Emissions Trading Scheme says it will try to hear oral submissions from those who want to make them.
Time running out for say on forest schemes
4 Feb 2011
The public has just two weeks left in which to make submissions on the future of the Permanent Forest Sink Initiative and other forestry schemes.
Garnaut backs fixed carbon price
4 Feb 2011
Australia’s chief climate change adviser is backing the idea of a fixed carbon price.
ETS adds to the confusion
4 Feb 2011
From a carbon market perspective, the Government’s review of the Emissions Trading Scheme has generated further uncertainty among the public and among ETS participants, Carbon Market Solutions says.
NZU market drifts back
4 Feb 2011
The NZU market has traded between $19.10 and $19.55 on a spot equivalent basis this week, Westpac reports.
Northland iwi top credits allocations
28 Jan 2011
Two Northland iwi are the biggest recipients so far of carbon credits being given to the owners of pre-1990 forests.
Forestry credits close on 10m mark
28 Jan 2011
The government is on the verge of issuing its 10 millionth forestry carbon credit.
Emitters looking to 2011 obligations
28 Jan 2011
Local activity has started to pick up, with all interest focussed on the Spot NZU market, OMFinancial reports.
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.
