Topics tagged with 'NZ ETS'
Aussies go shopping for carbon information
19 Nov 2010
New Zealand will be on the call list when Australia goes shopping world-wide soon for carbon trading information.
South Korea sets carbon trading scheme rules
19 Nov 2010
South Korean has unveiled proposed legislation governing its carbon emissions trading scheme.
Buyers accruing liabilities faster than they can buy NZUs
19 Nov 2010
Activity in the New Zealand market continues to increase, Westpac reports.
Well, look who's talking sustainability ...
12 Nov 2010
The fact that both National and Labour are taking part in a conference in Parliament today to discuss building sustainability into the economy shows the idea is catching on, organisers say.
ETS not the way to go, says FedFarm
12 Nov 2010
Federated Farmers has launched another assault on the Emissions Trading Scheme.
Forest owner hits rich vein of NZUs sales
5 Nov 2010
The New Zealand forest owner who two weeks ago sold 50,000 tonnes of NZUs at $20.05 a tonne has received more for his latest offering.
CERs take on new appeal for NZ emitters
5 Nov 2010
CERs are emerging as a viable alternative to NZUs for New Zealand emitters.
NZ lends helping hand with Australian ETS
5 Nov 2010
New Zealand is helping Australia to work towards putting a price on carbon.
Supply shortfall may begin to ease
5 Nov 2010
Over the past several weeks, NZU prices have been relatively stable as, with a well understood short term lack of supply, liable entities have resisted pushing prices higher in the knowledge that doing so was not resulting in more volume emerging, Westpac reports.
Our prices too low for Aussie carbon pioneers
29 Oct 2010
Australians are gearing up to sell carbon credits from trees – but say they aren’t interested in the New Zealand market at the moment because prices here are too low.
NZ will talk up markets and forestry at Cancun
29 Oct 2010
Carbon markets and forestry accounting rules will be top of New Zealand’s agenda at Cancun.
We seem to have got ETS right, says Smith
29 Oct 2010
Climate Change Issues Minister Nick Smith says the fact that he’s being told the Emissions Trading Scheme is both too weak and too harsh probably means it is about right.
Frankly speaking - Groser addresses Brazil conference
29 Oct 2010
The challenges of life as an international climate change negotiator have been revealed.
EVENT: Carbon Forum Asia 2010 - on now in Singapore
29 Oct 2010
Of the 2414 CDM (Clean Development Mechanism) projects to date, 77.6 per cent or 1875 are registered in Asia, representing a total of more than 360 million CER (Carbon Emissions Reduction) units.
NZ interest growing in CERs
29 Oct 2010
Spot NZU prices continue to trade in a band between $19.70 and $20.10, Westpac reports.
Sealord looks at ways to ease ETS costs
22 Oct 2010
Fishing giant Sealord is talking to its quota suppliers about how it can help to ease the financial impact of the Emissions Trading Scheme.
Carbon trade transparency key, says manager
22 Oct 2010
The carbon market needs to develop with predictable, transparent practices, says an electricity sector manager involved in buying forward carbon.
Manuka gets more muscle as a carbon crop
22 Oct 2010
Manuka has just become twice as attractive as a carbon crop.
UN okays pioneering Russian carbon project
22 Oct 2010
Russia has been given the green light for its first emissions reductions scheme to be verified under a new UN-backed carbon offset certification procedure.
Forest owners get positive ETS message from Government
19 Oct 2010
Land owners planting carbon forests say they have been assured that the Emissions Trading Scheme will survive when the Kyoto Protocol ends in 2012.
Lawyers shoot down ETS secrecy clause
15 Oct 2010
The Official Information Act over-rides a confidentiality clause in the Emissions Trading Scheme legislation, according to MAF lawyers.
Wind power plays key role in Trade Me cuts
15 Oct 2010
Wind power and a few tonnes of gases given off by a city rubbish dump have allowed Trade Me to go carbon neutral.
Forest owners might get a carbon bonus
15 Oct 2010
Forest owners could be entitled to more carbon credits than they get now if the Government adopts a new system of working out carbon sequestration levels.
Envious Aussies want action on carbon trading
15 Oct 2010
Interest in carbon trading is so strong in Australia that a New Zealand trader is predicting a price on carbon will be in place before the next Federal election.
Europe claims victory for aviation role in ETS
15 Oct 2010
The European Union claims the way is now clear for its plans to include aviation in the EU Emissions Trading Scheme from 2012 following an agreement at a meeting in Montreal.
Current situation not ideal, but outlook for buyers positive
15 Oct 2010
There has been light trade in NZUs this week with buyers continue to wait for further issuance to the pre-1990 forestry allocation, Westpac reports.
Miner vows customers will benefit from free credits
8 Oct 2010
Solid Energy says it will pass the benefits of its free carbon credits on to customers.
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.
Govt consulting on Pacific Resilience Facility
Fri 12 Dec 2025
The Foreign Affairs, Defence and Trade Committee is calling for submissions on its international treaty examination of the Agreement to Establish the Pacific Resilience Facility.
Govt overhaul leaves the door open for coal mining on conservation land
Fri 12 Dec 2025
By Shannon Morris-Williams | The Government’s sweeping reclassification of thousands of hectares of publicly-owned conservation land has met with sharp criticism, with environmental groups saying the decision leaves vulnerable ecosystems exposed to mining and development.
NZ’s government wants tourism to drive economic growth – but how will it deal with aviation emissions?
22 Oct 2025
By Robert McLachlan, Te Kunenga ki Pūrehuroa – Massey University | Following a brief dip during the COVID pandemic, aviation is back in a growth phase.
Air NZ inks deal for its first internationally verified carbon credits
9 Oct 2025
By Liz Kivi | Air New Zealand has committed to buying 8000 tonnes of carbon removals by 2030, in partnership with local native forest investment platform My Native Forest.
Second fire tears through Tongariro National Park
Tue 9 Dec 2025
By Shannon Morris-Williams | Fire crews have returned to Tongariro National Park this morning as a fast-moving fire that started yesterday threatens unburnt vegetation and nearby communities, just a month after a major blaze scorched 3000 hectares in the same area.
Govt launches strategy backing wood-based heat sector
23 Oct 2025
By Pattrick Smellie | Forestry biomass could replace as much as 40% of fossil fuel-generated process heat by 2050, but access to supply, regulatory settings and business cases for converting to wood-based heat sources are required, the Government says in a series of documents released yesterday.
Minister not concerned about potential economic impacts of ruling out offshore mitigation
Thu 11 Dec 2025
By Liz Kivi | Climate Change Minister Simon Watts isn’t worried that ruling out using offshore mitigation is effectively reneging from the Paris Agreement with potential to damage New Zealand’s economy and access to export markets.
What are the causes of recent record-high global temperatures?
Fri 12 Dec 2025
The past three years have been exceptionally warm globally.
Is Govt rushing through changes to climate framework to avoid litigation?
Thu 11 Dec 2025
By Liz Kivi | The Parliamentary Commissioner for the Environment says the Government’s motivation for proposed changes to the country’s climate framework law are unclear: “The only reason I can think of is one grounded in potential litigation risk.”
KiwiRail pauses coal trains amid rising climate protests
Tue 9 Dec 2025
By Shannon Morris-Williams | Climate activists are ramping up actions this week, with a Christchurch protest leading to KiwiRail pausing some coal train operations on Saturday, and another protest against the Fast-Track Amendment Bill planned for parliament today.
Investors must support positive climate-tech
28 Nov 2025
OPINION: We need better leadership than the current ‘climate opportunism’ that is rife in the Beehive, and we need to back a marketplace that will make it happen, writes Rob Campbell.
$235 billion worth of NZ buildings exposed to flooding
30 Oct 2025
More than 750,000 New Zealanders live in locations exposed to one-in-100-year floods, according to a nationwide study which shows escalating flood risk.
India at COP30: A mismatch between grandstanding and climate action
Thu 11 Dec 2025
Despite India’s attempt to anoint itself as the leader of the developing world, at the COP30 summit, New Delhi’s track record remains contradictory.
Govt warned that scrapping ag emission pricing comes with risks
Thu 11 Dec 2025
By Liz Kivi | The Government’s move to halt plans for agricultural emissions pricing without replacing it with any other action will leave New Zealand facing a bigger gap to meet its third emissions budget, Environment ministry officials have warned.
NZ ‘clearly’ breaching international law on climate – Vanuatu Climate Change Minister
Fri 12 Dec 2025
By Liz Kivi | Vanuatu’s Climate Change Minister, Ralph Regenvanu, says New Zealand restarting fossil fuel exploration and subsidies is an obvious breach of international law, exposing the country to international and domestic litigation.
DOC trims costs and winds down jobs for nature
10 Nov 2025
The Department of Conservation (DOC) is entering a new phase of tighter budgets and structural change as it winds down the pandemic-era Jobs for Nature programme and reshapes its operations to absorb long-term cost pressures.
Media round-up
Fri 12 Dec 2025
In our round-up of climate coverage in local media: Another offshore wind firm exits New Zealand over a clash with seabed mining; Fonterra falls behind on its climate goals as farm emissions remain flat; and the businesses trapped by the gas 'death spiral'.
Transport dominates NZ’s rising consumer emissions
Wed 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.
Australia has new laws to protect nature. Do they signal an end to native forest logging?
Thu 11 Dec 2025
Reforms to Australia’s nature laws have passed federal parliament. A longstanding exemption that meant federal environment laws did not apply to native logging has finally been removed from the Environment Protection and Biodiversity Conservation Act.
Oil and gas majors would create $78bn more value by stopping exploration
Thu 11 Dec 2025
Media release | Ten of the world’s largest oil and gas companies would create significantly more shareholder value by ending exploration and sharply curtailing upstream development, according to new analysis released today by ACCR.
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.”
Analysis: Why COP30’s ‘tripling adaptation finance’ target is less ambitious than it seems
5 Dec 2025
One of the headline outcomes to emerge from COP30 was a new target to “at least triple” finance for climate adaptation in developing countries by 2035.
Ticking time-bomb in Govt’s failure of leadership on climate – Carr
Tue 9 Dec 2025
By Liz Kivi | The coalition Government’s failure to slash emissions is like pulling the pin on a grenade, handing it to a kid, and saying “hold on tight, she’ll be right”, says former Climate Change Commission chair Rod Carr.
TotalEnergies loses in Paris court, marking a turning point for fossil fuel truth-in-advertising
5 Nov 2025
TotalEnergies was found to have misled consumers about its role in the energy transition.
Tribunal warns govt geothermal strategy risks Treaty breach
2 Dec 2025
By Shannon Morris-Williams | The government's geothermal development strategy risks breaching the Treaty of Waitangi, according to a report from the Waitangi Tribunal released last week.
Hiringa eyes green methanol plant near Whanganui
29 Jul 2025
By Pattrick Smellie | Green hydrogen pioneer Hiringa Energy is deep in planning to develop an “eight-to-nine figure” methanol plant near Whanganui, using a combination of biomass and hydrogen produced using renewable energy.
Insurers welcome govt decision to keep NHC levy unchanged
21 Nov 2025
Media release |The Insurance Council of New Zealand | Te Kāhui Inihua o Aotearoa (ICNZ) has welcomed the Government’s decision to leave the Natural Hazards Commission levy unchanged, amid ongoing concerns around the cost-of-living.
Why I’m not outraged at the Govt’s latest climate backsliding
7 Nov 2025
COMMENT: The Government’s latest climate rollbacks underline New Zealand’s long history of a lack of genuine desire to cut emissions, writes Geoff Bertram.
Shell facing first UK legal claim over climate impacts of fossil fuels
Fri 12 Dec 2025
Victims of a deadly typhoon in the Philippines have filed a legal claim against oil and gas company Shell in the UK courts, seeking compensation for what they say is the company's role in making the storm more severe.
NZ fails to back ‘roadmap’ to phase out fossil fuels at COP
24 Nov 2025
By Liz Kivi | Eighty-six countries including Australia, the UK, Germany, and Ireland backed a proposal at COP30 for national plans on how to quit oil, gas and coal – but New Zealand wasn’t one of them.
High risk of economic losses from Cook Islands nodule extraction and sales – new study
Fri 12 Dec 2025
Media release: Greenpeace | The economic potential of seabed polymetallic nodules in the Cook Islands has been overstated, according to a new independent study commissioned by Greenpeace International.
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.
Storms in the Southern Ocean are producing more rain – and the consequences could be global
8 Dec 2025
Storms in the Southern Ocean influence weather patterns across Australia, New Zealand and the globe.
Heatwaves, downpours and droughts – Auckland on track for more extreme weather
1 Dec 2025
By Shannon Morris-Williams | New projections show Auckland will face more heatwaves, heavier downpours, worsening droughts and growing coastal threats as climate extremes intensify, according to a new report from Earth Sciences New Zealand.
Govt green lights rural recycling scheme
4 Dec 2025
The Government has approved new regulations to bring rural waste schemes under one unified framework.
Shipping movements disrupted as climate change protesters block coal ships
2 Dec 2025
NSW police have arrested 141 people who attempted to block the shipping channel in Newcastle Harbour during Rising Tide protests, which began on Thursday.
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.
Neighbours fume over plans to axe trees for solar farm
Thu 11 Dec 2025
Diane McCarthy, Local Democracy Reporter | Whakatāne District Council has thrown its support behind residents of a country lane distressed about Genesis Energy’s plans to axe their trees.
NZ and US studying "huge unknown" in Antarctic climate science
Thu 11 Dec 2025
Media release: Earth Sciences New Zealand | Scientists are measuring a huge unknown in climate science: how much heat Antarctica emits into space.
Solar households to get little-noticed tax break
23 Sep 2025
A provision in the government’s latest tax bill would exempt households from paying tax on income they earn by selling excess electricity back to the grid.
More than $2m up for grabs for low-emissions farming innovation
Wed 10 Dec 2025
The Ag Emissions Centre and AgriZeroNZ yesterday opened their 2026 innovation investment round.
Last minute change to oil and gas legislation over cleanup costs
31 Jul 2025
By Liz Kivi | The government is expected to repeal the oil and gas ban today, with a last-minute amendment handing discretionary power to two ministers over the controversial issue of decommissioning.
Seven EU countries pressure European Commission to rethink 2035 diesel and petrol car ban
Tue 9 Dec 2025
Pressure from EU countries, lawmakers and the automotive industry is likely pushing the European Commission to delay the revision of the bloc's ban on diesel and petrol cars by 2035.
Kaicycle celebrates ten years of collective climate action in Pōneke
14 Nov 2025
Media release: Kaicycle | Since 2015, Kaicycle has grown from a humble pilot project growing kai and collecting compost on bicycles into the thriving urban farm and composting hub that Wellingtonians know and love.
Study provides a step-change in understanding NZ’s groundwater
28 Nov 2025
Media release | Earth Sciences New Zealand has developed a world-first National Groundwater Age Map and a powerful suite of tools to support the sustainable management of our hidden groundwater resources, from national through to local scales.
NZ just had its hottest spring in at least 116 years
Wed 10 Dec 2025
By Shannon Morris-Williams | This year New Zealand had its hottest spring since records began, with widespread heat, rainfall extremes and destructive wind driven by sudden stratospheric warming.
Australian market operator slashes wind farm predictions amid falling costs for solar and batteries
Thu 11 Dec 2025
The body that runs Australia's biggest power market has scaled back its plans for high-voltage power lines and wind farms to meet the country's green energy targets.
