Topics tagged with 'NZ ETS'
Obama optimistic on climate bill despite senate rifts
2 Jul 2010
US President Barack Obama spent 90 minutes trying to convince senators to move forward with climate change legislation yesterday … and came away optimistic that a climate bill can be passed in spite of rifts.
We're doing our fair share, says Smith
2 Jul 2010
The entry of transport fuels, electricity and industry into the emissions trading scheme this week marks an important step in New Zealand doing its fair share on climate change, Climate Change Minister Nick Smith says.
Gull: We'll hold off ... at least for a week
2 Jul 2010
Independent fuel retailer Gull says it won't use the ETS to put up fuel prices - not until next week, at least.
UN gives bad Bulgaria the Kyoto boot
2 Jul 2010
Bulgaria has been suspended from United Nations carbon trading for violating greenhouse reporting rules set under the Kyoto Protocol.
FORUM: Half the story
2 Jul 2010
Terry Dunleavy, of the New Zealand Climate Science Coalition, takes issue with a story in last Friday's Carbon News.
Govt fails to provide climate-friendly choices, say Greens
2 Jul 2010
The John Key Government has failed to provide climate-friendly choices to help households avoid the higher costs that could result from their Emissions Trading Scheme, says the Green Party.
Seniors voice opposition to ETS
2 Jul 2010
New Zealanders over 55 do not think the Emissions Trading Scheme should continue to be introduced when seven out of 10 of New Zealand’s main trading partners have not introduced similar schemes, says Seniors Card.
Climate change key issue for new Australian leader
25 Jun 2010
Climate change will be the defining issue of the Australian election and could lead to a change of leadership in the Liberals as well, predicts New Zealand Labour's climate change spokesman.
We won't dump you in it, minister tells farmers
25 Jun 2010
Agriculture Minister David Carter is promising farmers they will not come into the Emissions Trading Scheme if New Zealand’s trading partners have not moved to cut their carbon emissions.
Minister happy to talk to anyone ... or no one
25 Jun 2010
Climate Change Issues Minister Nick Smith will press ahead with public meetings on the Emissions Trading Scheme – even if not many people turn up.
Carbon trading heads off oil in Europe
25 Jun 2010
Carbon emissions early this year overtook Brent crude oil to become the largest commodity type traded in Europe.
Taxpayers face $1.1 billion Kyoto liability, say authors
25 Jun 2010
New Zealand’s failure to reduce emissions to its Kyoto Protocol target means the taxpayer still faces a $1.1 billion net liability after all the ETS charges have been paid.
Analysis shows National's ETS the 'worst of all worlds'
25 Jun 2010
A book by Victoria University economist Geoff Bertram and climate change analyst Simon Terry highlights the deep flaws in National’s Emission Trading Scheme, Labour’s climate change spokesman Charles Chauvel said.
NZ forest credits sell to Danish Government
18 Jun 2010
The sale of a bundle of New Zealand forestry credits to the Danish Government proves there is a premium market for PFSI credits, says the man who brokered the deal.
Compost makers put case for carbon credits
18 Jun 2010
Compost operators want credits for the greenhouse gases they prevent entering the atmosphere.
Bank carbon desk: We're run off our feet
18 Jun 2010
Westpac says it’s trading “significant” volumes of carbon on the New Zealand market.
MWH produces NZ ETS guide
18 Jun 2010
Consultancy firm MWH has prepared a new guide to the New Zealand Emissions Trading Scheme.
NZUs continue to be well bid
18 Jun 2010
With less than two weeks until July 1, when emitters start coming into the Emissions Trading Scheme, interest in the New Zealand market continues to grow, says broker OMFinancial.
Organic farmer: We're not all the same
11 Jun 2010
An organic sheep and beef farmer who says she doesn’t mind paying for any environmental damage she causes is calling for the environmental benefits of organic farming to be recognised under the ETS.
You had enough time, MAF tells farmers
11 Jun 2010
The Ministry of Agriculture and Forestry says it gave as much time as it could for submissions on the rules governing agriculture under the Emissions Trading Scheme.
ETS rules out soon for two more industries
11 Jun 2010
Draft rules governing the way in which another two industries are treated under the Emissions Trading Scheme are about to be released.
Carbon forestry can work, say tree growers
11 Jun 2010
Carbon forestry is a viable option for land owners looking to offset farm emissions and for new income streams, say forest owners.
New trading platform promises to shake up voluntary carbon market
11 Jun 2010
A new trading platform is promising to shake up the voluntary carbon market by allowing companies of all sizes to carbon offset in a fast, transparent and efficient online exchange.
US climate bill key to Pacific carbon market
4 Jun 2010
A former New Zealand Government official who chaired some of the meetings at the Copenhagen climate change talks says that a move by the United States into a cap-and-trade scheme could lead to a Pacific-wide carbon market.
Clued-up investors move on forestry blocks
4 Jun 2010
Investors are moving to buy forestry blocks as interest in farming carbon grows.
Help us make money from carbon, pleads dairyman
4 Jun 2010
A dairy farmer planning on making money from farming carbon says Federated Farmers is failing to provide leadership on the issue.
...and what Federated Farmers says about sheep farms and the ETS
4 Jun 2010
Federated Farmers says New Zealand will have to sell an extra 4.7 million lambs to offset the cost of the Emissions Trading Scheme.
Vital ETS rules for agriculture emissions being prepared
4 Jun 2010
All-important fine detail determining how emissions are measured for agriculture are now being developed.
MAF issues several new ETS guides for forestry and agriculture
4 Jun 2010
MAF has produced several new guides relating to the ETS and forestry and agriculture.
FORUM: Federated Farmers on the ETS and more ...
4 Jun 2010
You can't implement a problem, only a solution, says Conor English, Federated Farmers' chief executive:
US airlines challenge EU emissions rules
4 Jun 2010
American airlines have begun legal action to try to exempt themselves from a European carbon emissions trading scheme due to come into force in 2012.
Power companies explain ETS price rises
28 May 2010
At least one of the power companies implementing price rises on the back of the Emissions Trading Scheme is basing its calculations on the maximum carbon price.
New site gives latest on local carbon market
28 May 2010
The New Zealand carbon market matured this week with the launch of the first live updates of local carbon.
Global carbon market up in 2009, says World Bank
28 May 2010
The global carbon market grew six per cent last year, despite facing tough trading conditions, according to a report by the World Bank.
BUDGET 2010: Billion set aside to kickstart ETS
21 May 2010
The Government is putting its money where its mouth is with the emissions trading scheme, setting aside nearly a billion dollars for the cost of implementing it this year.
Fonterra vows to fight on for free credits share
21 May 2010
Fonterra is continuing its battle for a share of the free carbon credits available to trade-exposed heavy emitters.
Ministry pushes to meet allocations deadline
21 May 2010
The Ministry for the Environment says it is making “all reasonable endeavours” to provide businesses with some certainty over who will get free carbon credits before emitters start entering the scheme on July 1.
NZ on right road with ETS, says negotiator
21 May 2010
Political developments in the United States and elsewhere back the New Zealand Government’s decision to press ahead with the Emissions Trading Scheme, says Climate Change Negotiations Minister Tim Groser.
Coal looks good again, says power chief
21 May 2010
The absence of a price on carbon means more coal-fired power stations will be built in Australia, says the head of one of the country’s leading power companies.
Garnaut: Carbon tax better than nothing
21 May 2010
The architect of Australia’s dumped emissions trading scheme has called for an interim carbon tax to be imposed.
Slump slashes Europe’s carbon emissions
21 May 2010
The recession last year slashed more than 11 per cent off climate-warming emissions from heavy industry, the European Union's executive said.
Minister's credit allocation powers remain on hold
14 May 2010
The Government says it has not considered using ministerial discretion on the allocation of free carbon credits to big emitters of greenhouse gases.
Business group wants right to use hot-air AAUs
14 May 2010
Business lobbyists are pushing for the right to use foreign AAUs (assigned amount units) to offset their New Zealand carbon liabilities.
Big player Genesis turns carbon market builder
14 May 2010
Big-emitting Genesis Energy is using its size to help to build liquidity in the fledgling New Zealand carbon market.
Should we have tax cuts or extend emissions subsidies beyond 95%?
14 May 2010
ANALYSIS: Now the Government has shut the front door on delaying the ETS, the country’s largest emitters are knocking on the back one to get more free emission credits.
UK’s green coalition hits a nuclear snag
14 May 2010
Britain’s new governing coalition faces a major sticking point in its cobbled-together plans for a low carbon and eco-friendly economy.
How Tokyo became first cap-and-trade city
14 May 2010
Seeking to shrink its Portugal-sized carbon footprint, Tokyo has become the first cap-and-trade city.
Forest owner pockets second round of millions
7 May 2010
A New Zealand forest owner has once again netted itself millions of dollars from the sale of New Zealand forestry Kyoto credits.
Westpac move signals carbon is growing up
7 May 2010
Westpac has entered the New Zealand carbon market in a move being welcomed as a sign that carbon is becoming mainstream.
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.
