Topics tagged with 'NZ ETS'
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.
Government takes ETS hardline with farmers
7 May 2010
The Government is going on the offensive with farmers over the Emissions Trading Scheme, telling them that abandoning the scheme could lead to a trade backlash.
We'd sue Government, say forest owners
30 Apr 2010
The Government would face big compensation claims from forest owners if it scrapped or delayed the emissions trading scheme.
Business lobby gives up on ETS demands
30 Apr 2010
New Zealand’s biggest business lobby group appears to have conceded defeat in its campaign to delay provisions of the emissions trading scheme.
Aussie states could run own ETS, says minister
30 Apr 2010
Australian states have been told they could run their own carbon trading scheme, now the Federal Government has postponed its proposed Emissions Trading Scheme.
$235 billion worth of NZ buildings exposed to flooding
Today 11:00am
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.
Look out for these 8 big ag greenwashing terms at COP30
Tue 28 Oct 2025
Food and farming companies will claim agriculture is the solution to the climate crisis at the Brazil summit — even though food drives a third of global warming.
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.
Celebrities slam mining plans
Tue 28 Oct 2025
Actor Sam Neill has slammed plans for a gold mine in Otago, while Denniston Rose author Jenny Pattrick is backing a petition that would stop a coalmine on the West Coast.
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.
Taxonomy seen as key to shaping NZ’s voluntary nature credit market
Today 11:00am
By Shannon Morris-Williams | Experts say aligning the New Zealand Sustainable Finance Taxonomy with the development of voluntary nature credit markets could strengthen credibility, streamline investment, and support high-integrity environmental outcomes.
The Yangtze River is becoming the world’s largest electrified trade corridor
Today 11:00am
The Gezhouba, a new 13,000-ton all-electric bulk carrier launched in Yichang, is more than a technical milestone. It is a sign that the electrification of inland shipping is moving from concept to inevitability.
‘Plain old dull’: NZU market continues to limp sideways
Fri 24 Oct 2025
By Liz Kivi | The NZU market has been “plain old dull” in recent months, with activity driven mainly by credit opportunities or a specific need to raise cash, according to Lizzie Chambers of trading platform Carbon Match.
Genesis doubles down on Huntly as renewables ramp up
Fri 24 Oct 2025
Genesis Energy is doubling down on Huntly’s role as New Zealand’s energy backstop while accelerating one of the country’s largest pipelines of new renewable generation.
The merchants of doubt are back
3 Sep 2025
OPINION: If you don’t follow climate policy closely, you might not know that the Trump administration is launching an effort to overturn one of the most fundamental pillars of American climate policy.
Milestone for NZ Steel electrification
10 Sep 2025
By Pattrick Smellie | NZ Steel has passed an installation milestone for its new electric arc furnace, which will reduce emissions from the Glenbrook steel mill site by as much as one megatonne (1Mt) a year.
Carbon Finance Program upscales efforts to close climate investment gap in climate vulnerable nations
22 Oct 2025
Media release | The Climate Vulnerable Forum and its V20 Finance Ministers (CVF-V20) will work with the Voluntary Carbon Markets Integrity Initiative (VCMI) to upscale the Carbon Finance Program in reach and impact, supporting more climate-vulnerable countries to host high-integrity carbon projects that yield tangible climate, nature, and sustainable development benefits.
All carrot, no stick for farmers on methane
17 Oct 2025
By Pattrick Smellie | COMMENT: The abandonment of methane emissions pricing and the adoption of a weaker target is effectively the last nail in the coffin of the historic cross-parliamentary consensus embedded in the Zero Carbon Act 2019.
Lake Onslow battery project set for revival?
Wed 29 Oct 2025
A newly formed private consortium has emerged with plans to finance and build the massive Lake Onslow pumped-hydro project, despite the coalition government’s decision to abandon the scheme.
From nuisance to crisis: New report on pest wasps In Aotearoa
24 Sep 2025
Media release: Moths and Butterflies NZ Trust | Just published is the Final Report of the Pest Wasps Survey carried out by the Moths and Butterflies of NZ Trust (MBNZT) offering a comprehensive look at New Zealanders’ awareness, experiences, and attitudes toward wasps and the growing ecological, health, and social issues associated with them.
What makes Melissa such a dangerous storm?
Today 11:00am
A very powerful hurricane has made landfall in Jamaica and is the strongest storm to hit the Caribbean island in modern history.
NZ marine heatwaves could double in intensity under high-emissions pathway
16 Oct 2025
By Shannon Morris-Williams | New projections show marine heatwaves will grow more intense around the North Island and more frequent around the South Island as the climate warms – raising risks for fisheries, aquaculture, coastal ecosystems and tourism.
Foresta welcomes Government support for Kawerau plant
Today 11:00am
By Diane McCarthy, Local Democracy Reporter | A $9 million Government boost to wood energy production has been welcomed by a company with its sights set on building a torrefied wood pellet plant in Kawerau.
Oil firm TotalEnergies made misleading green statements, court rules
Tue 28 Oct 2025
A French oil company engaged in “misleading commercial practices” about the scope of its environmental commitments, a court has ruled.
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.”
Super Fund smashes decarbonisation goals
23 Oct 2025
By Pattrick Smellie | The New Zealand Superannuation Fund continues to blow through its self-imposed targets for decarbonising its investment portfolio, increasing its exposure to fast-growing green technology opportunities in the process, according to its 2025 climate statement.
No major banks have yet committed to stop funding new oil, gas and coal, research finds
Fri 24 Oct 2025
‘The objectives of the Paris agreement are slipping further out of reach,’ say researchers.
Is greenhushing the new greenwashing? Or something else entirely
Fri 24 Oct 2025
Companies used to be accused of faking sustainability via greenwashing. Now some are hiding actual climate progress.
Coal imports up 650%
12 Sep 2025
By Shannon Morris-Williams and Liz Kivi | Coal imports are up 650% as generators stockpile the most polluting fossil fuel ahead of next winter.
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.
Vero warns losses to rise 26% by 2050 over extreme weather
Wed 29 Oct 2025
By Shannon Morris-Williams | Extreme weather could drive a 19–26% spike in annual insurance losses by 2050, fuelled by rising seas and more intense flooding, according to Vero’s latest Climate-Related Disclosures Report.
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.
Norway faces European Court climate ruling over oil licences
Wed 29 Oct 2025
The European Court of Human Rights will decide on Tuesday if Norway breached its climate obligations when it awarded Arctic oil exploration licenses in 2016.
Nelson commuters urged to ditch car once a week
22 Oct 2025
By Max Frethey, Local Democracy Reporter | Nelson has a bold carbon emission reduction target and residents are being encouraged to leave the car at home one day a week to help meet it.
Bill to ban new coal mines fails at first reading
Fri 24 Oct 2025
By Shannon Morris-Williams | A bid to outlaw new coal mines was defeated at its first hurdle in Parliament this week, after a heated debate pitting climate imperatives against energy security and affordability.
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.
Climate impacts hit NZ with increasing wild weather
23 Oct 2025
By Liz Kivi | New Zealand is facing a triple whammy of climate impacts today, with severe winds and rainfall predicted for much of the country while some areas are still dealing with wildfires ignited earlier in the week.
‘Weird and sad’ – Tuvalu Climate Minister condemns NZ halving methane target
15 Oct 2025
By Liz Kivi | Dr Maina Talia, Tuvalu’s Minister for Home Affairs, Climate Change, and Environment, says he’s surprised at New Zealand’s decision to weaken its target for reducing methane emissions – and is planning to take up the issue with his counterpart Climate Minister Simon Watts this week.
Lobby group launches ‘blueprint’ for ocean management reform
18 Sep 2025
The Environmental Defence Society yesterday released its plan to tackle widespread ecological decline in our oceans.
FMA grants temporary 'no action' relief for for firms set to exit climate reporting regime
Wed 29 Oct 2025
The Financial Markets Authority has announced it won't take action against companies expecting to fall out of mandatory climate reporting obligations, if they fail to lodge climate statements while the law changes are pending.
Judge dismisses suit by young climate activists against Trump’s pro-fossil fuel policies
17 Oct 2025
Plaintiffs had ‘overwhelming evidence’ of climate crisis but a court injunction would be ‘unworkable’, ruling says.
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.
Difficult trade-offs ahead for climate adaptation
17 Oct 2025
By Shannon Morris-Williams | While climate impacts are already here, bringing the urgent need to accelerate effective adaptation now, the Government's newly minted adaptation framework still leaves important questions unanswered about who will pay.
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.
Climate scientists and republican lawyers are taking aim at Big Tech’s emissions
17 Oct 2025
Technology companies have long been one of the biggest investors in clean energy, but new accounting rules could upend that.
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.
Councillor calls out ‘anti-EV propaganda’ after fatal bus fire
Wed 29 Oct 2025
By Torika Tokalau, Local Democracy Reporter | An Auckland councillor says he's disappointed with the level of misinformation circulating about a fatal collision involving an electric bus and car last week.
Fix it, don't ditch it: University of Auckland hosts first Repair Cafe
9 Oct 2025
Media release - Auckland University | The University's first-ever Repair Cafe is bringing students and staff together to give broken items a new lease on life, while promoting a culture of repair and reuse.
Council buys dairy farm to help clean up Lake Rotorua
21 Oct 2025
Bay of Plenty Regional Council has bought a 266-hectare dairy farm in the Lake Rotorua catchment and plans to retire it from production to reduce nitrogen entering the lake.
Adaptation plan at odds with public sentiment: survey
21 Oct 2025
By Liz Kivi | The Government’s position on climate adaptation buyouts shows a disconnect with public opinion, according to survey findings from insurer Suncorp NZ.
‘Damp squib’ – Govt energy plan slammed for locking in fossil fuels
2 Oct 2025
By Shannon Morris-Williams | Critics across business, climate groups and the opposition say the Government’s electricity reforms duck structural change, double down on LNG and gas, and offer little relief for soaring power prices – warning of an “expensive white elephant", deeper energy poverty and a missed chance to scale renewables.
