Topics tagged with 'NZ ETS'
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.
Buyers active as Chinese New Year looms
28 Jan 2011
The NZU market has traded between NZD18.80 and NZD19.30 on a spot equivalent basis this week, Westpac reports.
Credits worth $15m stolen in registry heist
21 Jan 2011
More than $15 million worth of carbon credits have been stolen in a daring heist in Europe.
It's a case of backwardation ... sort of
21 Jan 2011
The New Zealand carbon market is in backwardation – in theory, at least.
Govt stays silent on value of free credits
21 Jan 2011
Some of New Zealand’s biggest companies received free carbon credits from the Government.
Caygill committee eyes start next month
21 Jan 2011
The committee reviewing the Emissions Trading Scheme is yet to hold its first meeting, but chairman David Caygill expects those advocating changes to the scheme are already hard at work on submissions.
Some growers qualify for free carbon credits
21 Jan 2011
Horticulturalists have joined the list of those eligible for free carbon credits under the Emissions Trading Scheme.
Review rules out some ETS challenges
23 Dec 2010
Questions about whether the Emissions Trading Scheme is the best way for New Zealand to tackle climate change have been ruled out of a review of the scheme.
Public might not appear before panel
23 Dec 2010
The public might not get a chance to make oral submissions on the review of the Emissions Trading Scheme.
Farmers renew call to keep agriculture out
23 Dec 2010
Federated Farmers says it will use the review of the Emissions Trading Scheme to try to keep agriculture out of the scheme.
California gives nod to timber carbon case
23 Dec 2010
The carbon-storing properties of wood products have been recognised in the new cap-and-trade scheme endorsed by Californian law-makers last week.
Forestry credits pioneer set to sell more
17 Dec 2010
One of the first forest owners to sell New Zealand forestry credits is gearing up to sell again.
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.
Media round-up
Fri 26 Jun 2026
In our round-up of climate coverage in local media: the UK Government is questioning whether New Zealand's oil and gas investment breaches its free trade deal; the Infrastructure Commission warns the government to slow down its LNG plans; and Shane Jones has a grim visitor outside the Environmental Defence Society's conference.
French farmers suffer arid crops, heat-stricken animals
Fri 26 Jun 2026
France's current heatwave is taking a toll on farmers, who are seeing livestock die and are racing against time to harvest cereals without sparking fires in the tinder-dry crops.
$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.
Airline CEOs warn EU plan to expand carbon costs will raise fares
10 Jun 2026
Europe's biggest airlines have urged the European Union not to extend its Emissions Trading System to cover international flights, warning the move would raise ticket prices, a letter seen by Reuters showed.
'Not enough': Pressure mounts to scrap conservation bill despite Potaka retreat
Fri 26 Jun 2026
By Shannon Morris-Williams | Conservation Minister Tama Potaka's walkback of a proposal to allow the sale of public conservation land has failed to quell opposition, with environmental groups and the Green Party saying the Conservation Amendment Bill should be scrapped entirely.
'Stored solar': Bioenergy Association touts cost benefits of biomass boilers over gas
Wed 24 Jun 2026
By Oli Lewis | Businesses across New Zealand are warming to bioenergy, but advocates believe woody biomass could play a far greater role as a replacement for more expensive natural gas and electric heat options.
Scrutiny week reveals unresolved trade-offs
Wed 24 Jun 2026
Last week's select committee scrutiny hearings showed how far the Government's energy and environment agenda has moved from target-setting to implementation. They also showed how many unresolved trade-offs now sit beneath that shift.
It’s too hot in Europe – again
Fri 26 Jun 2026
Europeans are experiencing their second heat wave this summer. One climate scientist called the weather event a “sad inevitability.”
Carbon auction failures show ETS working, Watts says
Tue 23 Jun 2026
Failed government carbon auctions show the emissions trading scheme is working as intended rather than broken, Climate Change Minister Simon Watts says.
China's coal power on the rise again in 2026, reversing first-in-a-decade decline
Thu 25 Jun 2026
China's coal-fired power generation is set to rebound this year from its first fall in a decade, analysts said, due to the impact of El Nino and the Iran war and as renewable sources of energy have failed to keep pace with demand.
Looking behind the headline costs of offshore mitigation
18 Jun 2026
COMMENT: A closer look at Treasury’s analysis reveals assumptions that undervalue the case for using offshore mitigation as part of Aotearoa New Zealand’s global climate contribution, writes Catherine Leining.
Green building council calls for clean energy policies
18 May 2026
The New Zealand Green Building Council has released its 2026 election manifesto calling for policies to reduce energy waste in buildings, lower household and business energy costs, and improve New Zealand’s energy security.
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.
Forestry at heart of ETS problems – commissioner
Wed 24 Jun 2026
By Shannon Morris-Williams | Forestry is a central driver of growing problems within New Zealand's Emissions Trading Scheme, Parliamentary Commissioner for the Environment Simon Upton told the Environment Select Committee during Parliamentary Scrutiny Week.
Lake Onslow pumped hydro consortium secures funding for consent push
Fri 26 Jun 2026
By Oli Lewis | The consortium behind Lake Onslow pumped hydro has secured funding to finalise its resource consent application, aiming to lodge it under the fast-track process before 2027.
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.
High Court hearing highlights the 'shrinking pool' for fisheries research and science
Mon 22 Jun 2026
Media release: Environmental Law Initiative | At the close of a four-day High Court hearing challenging the government’s under-levying of the fishing industry, the Environmental Law Initiative (ELI) says more science, research and observer coverage is needed to protect marine wildlife and ecosystems from the impacts of fishing.
Burning forest ‘waste’ to make cement damages the climate
Wed 24 Jun 2026
The Australian government has agreed to invest almost $53 million in a north Tasmanian company that will upgrade its coal-fired kiln to burn wood “waste” and used tyres for cement manufacturing.
Commissioner ‘unconvinced’ LNG is the best dry-year solution
Fri 26 Jun 2026
By Liz Kivi | The Parliamentary Commissioner for the Environment has told the Energy Minister he is “unconvinced” the government’s proposed LNG import terminal is the best ‘dry year’ solution for the country, and criticised the Government’s “extremely limited” options analysis.
Gas transition loan scheme nears launch as savings modelled
Tue 23 Jun 2026
By Oli Lewis | Commercial gas users could potentially save thousands of dollars a year by using Crown-backed loans to fund fuel-switching and energy efficiency projects, new modelling indicates.
Cabinet green-lights $55M super-critical geothermal drilling programme
9 Jun 2026
By Pattrick Smellie | Cabinet has agreed to release the $55 million unspent of the $60m secured by Resources Minister Shane Jones to drill up to 5 kilometres deep into super-critical geothermal heat under the Taupō volcanic zone.
NZ Taxonomy project scoops London Climate Week award
Wed 24 Jun 2026
The New Zealand Taxonomy project has scooped an innovation award at the International Climate Bonds awards in London this week.
Carbon capture and the need for ‘net zero oil’
16 Jun 2026
By Pattrick Smellie | The answer to making carbon capture and storage work is to make fossil fuel producers responsible for making it happen rather than consumers, says Oxford University climate change policy expert, Professor Myles Allen.
Govt climate claims don't match reality, lawyers say
17 Jun 2026
By Shannon Morris-Williams | Lawyers for Climate Action has accused the Government of presenting an overly positive picture of New Zealand's climate progress at the United Nations climate summit in Bonn, arguing key claims on emissions reductions and support for the Paris Agreement's 1.5°C goal are not reflected in domestic policy.
Importing LNG would raise costs and emissions: it’s a terrible decision for New Zealand
9 Jun 2026
COMMENT: Today’s announcement from the Government is political smoke and mirrors, with electricity users’ wallets still set to bear the brunt of the proposed LNG facility, writes Christina Hood.
Ballance secures gas for 2026 as it progresses energy transition plan
16 Jun 2026
By Oli Lewis | One of the largest industrial gas users in New Zealand is working on an energy transition plan to futureproof domestic fertiliser manufacturing, while continuing to secure ongoing gas supply contracts.
$75k up for grabs for climate resilience and inclusion projects
Thu 25 Jun 2026
Community organisations and charities working to strengthen climate resilience and social inclusion can apply for a share of $75,000 through the QBE Foundation's 2026 Local Grants.
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.
Verra reinstates Kenya carbon project despite ongoing court case
Thu 25 Jun 2026
The Northern Kenya Grassland Carbon project is “the world’s largest soil carbon removal project” according the organisation running the project. It is also one of the most controversial carbon projects anywhere in the world.
Canadian firm seeks Crown co-investment for Genesis-supported gas storage project
19 Jun 2026
By Oli Lewis | A proposed gas storage project supported by Genesis Energy has sought Crown co-investment through the $200 million Gas Security Fund.
National promises low-cost solar loans for households
Thu 25 Jun 2026
By Oli Lewis | The National Party is promising a Home Energy Fund to accelerate the roll-out of household solar, batteries, insulation and other energy resilience measures if it is re-elected this year.
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.
UN chief says fossil fuel industry must cut methane for warming “relief”
Thu 25 Jun 2026
UN chief António Guterres called for stronger action to cut emissions of planet-heating methane, taking aim at the fossil fuel industry’s practices and profits, and pointing to coal, oil and gas as the root of today’s climate and energy crises.
US defence spending on critical minerals surges in the last decade
Mon 22 Jun 2026
Members of communities affected by some of these projects said that U.S. state backing has meant projects are being fast-tracked without the necessary social and environmental checks or meaningful consultation.
Mombasa ocean summit drives progress on marine protection, but threats persist
Tue 23 Jun 2026
At the 11th Our Ocean conference in Kenya, its founder John Kerry says the ocean must become central to climate solutions and needs to be looked after.
Hipkins pans LNG plan as ‘massive step backwards’
19 May 2026
By Liz Kivi | Labour leader Chris Hipkins has told a Queenstown audience that a Government he leads would not proceed with a planned LNG import terminal, if elected at November’s election.
UN’s first Paris Agreement carbon credits face human rights and climate concerns
17 Jun 2026
Civil society groups allege the cookstove project in Myanmar exaggerated its climate impact while maintaining ties with military junta.
A real ‘intergenerational equity’ budget would address Australia’s unceasing environmental decline
15 May 2026
Labor has unveiled a budget designed to tackle intergenerational equity in Australia through bold tax reform.
Six NZ climate solutions up for 2026 Earthshot prize
21 May 2026
By Shannon Morris-Williams | Six New Zealand climate and sustainability initiatives have been nominated for the 2026 Earthshot Prize, with the shortlist showcasing Kiwi-led solutions tackling emissions, plastic waste and ocean restoration.
Labour won't scrap RMA replacement laws: Hipkins
Fri 26 Jun 2026
By Shannon Morris-Williams | Labour Party leader Chris Hipkins says New Zealand needs to move beyond the "repeal and replace" approach to resource management, confirming the party would amend rather than scrap the Government's RMA reforms, if elected.
Northern Thai residents march for action on polluted rivers. ‘This is an emergency’
9 Jun 2026
More than 600 residents of Chiang Mai and Chiang Rai provinces embarked May 31 on a roughly 68-kilometer, six-day ‘peace walk’ to demand the Thai government take action on the river pollution crisis that has seen Thai rivers polluted with heavy metals.
Why China's critical minerals strategy leaves the US behind
8 Jun 2026
The United States cannot realistically recreate that dominance overnight even if the political will existed.
Sustainable finance taxonomy for energy sector – consultation
8 Jun 2026
The Centre for Sustainable Finance is consulting on the sustainable finance taxonomy’s draft energy sector criteria.
Lessons from Australia: Climate Change Authority chair cites rapid roll-out of household solar, batteries
19 Jun 2026
By Oli Lewis | Australia is rapidly outpacing New Zealand when it comes to new household solar and battery systems, lowering electricity costs and driving down the carbon intensity of installed generation.
The merchants of doubt are coming for extreme event attribution science
18 Jun 2026
Andrew Dessler: Fossil-fuel companies are acutely aware that this research could land them in court. And losing those cases would leave them legally liable for billions of dollars in climate damages.
Calder Stewart to invest $110m for solar across industrial portfolio
Tue 23 Jun 2026
Media release | NZ’s largest industrial landowner is preparing one of the country’s most significant industrial rooftop solar rollouts, with Calder Stewart set to invest more than $110 million in solar panels and battery storage across its property portfolio.
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.
Lack of finance stalling sustainable innovation – report
12 Jun 2026
By Shannon Morris-Williams | A lack of access to suitable finance is threatening growth in New Zealand's sustainable innovation sector, despite strong confidence and ambitious expansion plans among purpose-driven businesses, according to a new report.
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.
Media round-up
19 Jun 2026
In our round-up of climate coverage in local media: The Government is set to quietly scrap a looming ban on coal boilers; some South Dunedin homes may be relocated as climate risks increase; and more details emerge about the handling of documents linked to the undisclosed climate case briefing.
‘Those blocking climate science are not our friends': Pacific leaders warn at Bonn talks
Tue 23 Jun 2026
Pacific nations and civil society groups have united at UN climate talks, pushing back against efforts to weaken agreed language on global temperature limits as negotiations continue behind closed doors.
New refrigerant scheme targets potent greenhouse gases
18 Jun 2026
By Shannon Morris-Williams | New Zealand is set to introduce its second regulated product stewardship scheme under the Waste Minimisation Act, targeting synthetic refrigerants that account for around 2% of the country's greenhouse gas emissions.
Waikato Council advances water security action plan
Tue 23 Jun 2026
Waikato Regional Council has endorsed a new action plan to strengthen the region’s water security.
Increase in wildfire-driven ozone linked to premature deaths across the U.S.
10 Jun 2026
Smog linked to wildfires is getting worse across much of the U.S., playing a role in more than 300 additional premature deaths every year since 2013, researchers say.
New Zealand faces $26b energy infrastructure challenge, report warns
15 Jun 2026
By Shannon Morris-Williams | New Zealand will need an additional $26 billion of investment in energy infrastructure over the next 30 years to meet its decarbonisation goals, with a new report warning that policy certainty is critical to unlocking the renewable generation needed to power a low-carbon economy.
