Topics tagged with 'NZ ETS'
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.
The Carbon Traders 4: Richard Hayes, EITG
20 Aug 2010
Richard Hayes’ experience in technology and interest in environmental offsetting are combining to do good things.
Trade in NZUs remains light
20 Aug 2010
This week we have seen NZU prices trading between $18.35 and $18.75, Westpac reports.
Kiwi ETS wins minister a rare bouquet
13 Aug 2010
Climate Change Issues Minister Nick Smith has had an unusual experience this week – he’s being feted for the Emissions Trading Scheme.
What Nick Smith said to transtasman business leaders
13 Aug 2010
This week Climate Change Issues Minister Nick Smith spoke at the 6th annual Climate Change and Business Conference, being held in Sydney. This is what he said:
The Carbon Traders 3: Wayne King, Carbon Market Solutions
13 Aug 2010
Wayne King has been behind some of the biggest carbon deals in New Zealand, but he got into the business almost by accident.
Tasman challenge: Cut emissions by 15 per cent
13 Aug 2010
Australia and New Zealand can cut their greenhouse gas emissions by at least 15 per cent by 2020 in economically beneficial ways, say business leaders at the 6th Australia-New Zealand Climate Change and Business Conference in Sydney.
Local trading picks up
13 Aug 2010
While trade remains relatively light, there has been an increase in trading activity this week, Westpac reports.
How to avoid emissions reporting penalties
6 Aug 2010
Businesses entering the Emissions Trading Scheme should minimise the risk of heavy penalties for getting it wrong by getting their systems approved by officials, a lawyer is warning.
Fuel prices mainly unaffected by ETS
6 Aug 2010
Retail fuel prices remained virtually unchanged during July, despite the introduction of the Emissions Trading Scheme, says a petrol-price watchdog.
Farm leader angers 'foreign-owned' foresters
30 Jul 2010
Federated Farmers have drawn the ire of foresters with a claim that “foreign-owned” forestry companies could destroy New Zealand’s rural economy by turning farmland into carbon forests.
Credits due for pre-1990 forests
30 Jul 2010
Owners of pre-1990 forests can start applying for carbon credits from Sunday.
The Carbon Traders 1: Nigel Brunel, OMFinancial
30 Jul 2010
Nigel Brunel is not a typical greenie. In fact until recently, he would probably have been insulted to be called one. But then he discovered carbon, and started thinking about how putting a price on greenhouse gases could really change the world.
We want emissions trading, say Aussies
30 Jul 2010
Most Australians are not pleased that they don’t have an emissions trading scheme.
No country for farmers? ... what Federated Farmers said on carbon forestry
30 Jul 2010
Twenty per cent of New Zealand's sheep and beef farms could be replaced by oxymoronic 'carbon forestry', if the ambitions of foreign owned carbon foresters and the Government are realised.
Greens applaud AA advice on tyre pressure
23 Jul 2010
New Zealanders could save money and hundreds of thousands of tonnes of carbon emissions by inflating their car tyres correctly, says the Green Party.
Carbon credits ready to roll for big emitters
16 Jul 2010
Carbon credits allocated to industrial emitters to help them to adjust to the Emissions Trading Scheme could start flowing on to the market in the middle of next month.
Rain and recession cut our pollution figures
16 Jul 2010
New Zealand’s emissions of greenhouse gases have fallen, thanks to rain and the recession.
Media round-up
Fri 24 Apr 2026
In our round-up of climate coverage in local media: What is the real cost of storm-hit infrastructure? Urgency is needed over climate adaptation funding; and a community conservation group has won a legal victory against multinational mining company OceanaGold.
Coal-to-urea plan ‘extremely unlikely’ to be zero carbon
Today 11:15am
By Liz Kivi | A plan to turn Southland coal into nitrogen fertiliser is extremely unlikely “if not impossible” to be net zero, despite the claims of the Australian company applying to fast-track it, says sustainable energy expert Ralph Sims.
$30m airline fund risks ‘burning public money’ without lasting benefit – expert
20 Mar 2026
By Shannon Morris-Williams | A $30 million government package to support regional air routes risks delivering poor value for money while increasing emissions, according to transport strategist Tim Adriaansen.
Europe has 'maybe six weeks of jet fuel left', energy boss warns
20 Apr 2026
Stocks would reach a tipping point in June if Europe was unable to replace at least half of its imports from the Middle East, the organisation said in a report this week.
Biodiversity plan heavy on talk, light on action, expert warns
Fri 24 Apr 2026
By Shannon Morris-Williams | A newly released government biodiversity implementation plan has been criticised for lacking practical action, with one expert saying it focuses too heavily on discussion and data gathering rather than delivering results on the ground.
Burning wood for power worse for climate than gas equivalent, report finds
21 Apr 2026
Research casts doubt on plans by the UK government to offer subsidies for carbon capture attached to the power source.
Forest & Bird warns Emissions Trading Scheme ‘failing’
Today 11:15am
New advice from the Climate Change Commission shows that New Zealand’s main climate policy tool is broken and at risk of collapse without urgent action to cut gross emissions, according to environmental advocates Forest & Bird.
Fossil fuel phaseout talks begin with half the global economy
Today 11:15am
The world’s first fossil fuel phaseout conference has begun in Santa Marta, Colombia, with 57 countries representing more than half of global GDP, 30% of the world’s population and 20% of global fossil fuel production.
Carbon ‘stockpile’ up 9 million in March quarter
10 Apr 2026
By Liz Kivi | The ‘stockpile’ of pollution permits (NZUs) in private accounts has increased by just over 9 million to almost 145 million since the end of 2025, according to the latest figures from the Environmental Protection Authority.
Victorian Hydrogen announces Southland urea fertiliser project using coal
Wed 22 Apr 2026
By Liz Kivi | Australian-based Victorian Hydrogen has announced it is developing a new 1.5 million-tonne-a-year urea fertiliser operation in Southland, which it will apply for under fast-track legislation.
Supply-side pressures and political uncertainty ahead for carbon market
7 Apr 2026
By Kristen Green | ANALYSIS: With failed auctions, a surge of new forestry registrations, and an election a few months away, the NZ ETS in 2026 will be subject to a mix of supply-side pressures and political uncertainty.
Latest emissions inventory: ‘Something has gone very wrong’
16 Apr 2026
By Liz Kivi | New Zealand’s greenhouse gas emissions in 2024 decreased by just 0.1% compared to 2023, in what an expert says is a “terrible result”, compared to faster progress in previous years.
What Magyar’s defeat of Orbán in Hungary means for climate and energy
21 Apr 2026
Hungary has played a disproportionate role in EU climate and energy policy in recent years, by repeatedly vetoing climate action and by delaying the phaseout of Russian fossil-fuel imports.
Commission advises no change to ETS settings but warns Govt of looming risks
Fri 24 Apr 2026
By Liz Kivi | The Climate Change Commission is warning the Government of a possible shortfall of Emissions Trading Scheme units by the late 2020s and says the scheme will struggle to provide an investment signal by the mid-2030s.
The Iran war has the world buying more clean energy. China stands to benefit the most
Today 11:15am
The war in Iran has sent oil-starved countries scrambling for fuel. Many are opting for energy alternatives — and turning to the renewables king of the planet: China.
Environmental groups call for ETS reform
20 Feb 2026
Several environmental organisations are calling on political parties to make climate and biodiversity central to the 2026 election campaign, with reforming the Emissions Trading Scheme seen as a key priority.
Northland community climate resilience fund faces massive demand
Fri 24 Apr 2026
By Susan Botting, Local Democracy Reporter | A three‑year‑old ratepayer-funded Northland Regional Council community climate resilience fund is experiencing strong demand, with to date around five times more money sought than is available.
Transport dominates NZ’s rising consumer emissions
10 Dec 2025
By Shannon Morris-Williams | Transport pollution was the biggest contributor to an increase in New Zealand’s consumption-based emissions in 2023, with emissions from household travel up 12%, and consumption-based emissions totalling 58.3 million tonnes – up 1.6% from the previous year.
NZ cleantech could match forests in emissions cuts – but funding gap looms
Wed 22 Apr 2026
By Shannon Morris-Williams | A handful of New Zealand cleantech startups could cut global emissions by 19.2 million tonnes a year by 2030, but a lack of capital is threatening to slow their scale-up, a new report shows.
Going concern status flags depth of Methanex NZ's gas crisis
21 Apr 2026
Methanex's New Zealand operation is relying on financial support from its Canadian parent to remain a going concern after a second consecutive year of asset impairments left the business with negative equity.
RMA to speed up fossil fuel consents
18 Aug 2025
By Liz Kivi | An energy lobby group has welcomed a last-minute amendment to the RMA that puts fossil fuels on the same footing as renewables, however a sustainable energy expert says the move “beggars belief.”
Green Party calls for national electrification plan
20 Apr 2026
By Liz Kivi | The Green Party is calling for a national plan to electrify homes, transport and industry using renewable energy, to reduce fossil fuel dependence in response to the Middle East crisis.
Self-interest should drive investment in overseas climate action, says former climate commissioner
13 Apr 2026
By Liz Kivi | Wealthy countries – including New Zealand – aren’t doing nearly enough to fund climate mitigation in the developing world, with new research saying we need to "change the conversation" to spark action in this vital area.
Fonterra admits ‘100% grass-fed’ claim breached law in greenwashing row
2 Apr 2026
By Shannon Morris-Williams | Fonterra has admitted its “100% New Zealand grass-fed” claims on Anchor butter were misleading and breached the law, settling a case brought by Greenpeace Aotearoa over packaging used between December 2023 and April 2025.
Mercury signs major hydro upgrade programme with ANDRITZ
Thu 23 Apr 2026
Media release | Mercury has signed a contract with international technology group ANDRITZ as part of a $590 million upgrade of three of the nine hydro stations on the Waikato River.
NZ prepares to join ‘gold rush’ for white hydrogen
25 Mar 2026
By Pattrick Smellie | New Zealand may be close to commercialising the capture and use of naturally occurring ‘white’ hydrogen, with investment plans for developments in the Wairarapa region picking up pace in response to spiralling oil prices.
Storms hitting New Zealand every eight days
Thu 23 Apr 2026
By Shannon Morris-Williams | Storms are now striking New Zealand nearly every week, with new data showing a sharp rise in frequency and intensity as the country reels from repeated flooding and extreme weather events.
Climate law change spanner in the works for Waitangi Tribunal Inquiry
19 Dec 2025
By Liz Kivi | The Government’s controversial changes to New Zealand’s legal framework for climate policy have thrown a spanner in the works for a long-running Waitangi Tribunal Inquiry into climate change.
Environmental groups sue Trump administration over approval of new ultra deep-water drilling project
Thu 23 Apr 2026
Environmental groups sued the Trump administration on Monday over its approval last month of oil company BP’s ultra deep-water drilling project in the Gulf of Mexico.
Tehran will never cede control of Strait of Hormuz, senior Iranian politician tells BBC
21 Apr 2026
"Never." That's when a senior Iranian lawmaker says they'll be ready to give up their control of the Strait of Hormuz.
Climate risks could reshape business finances, new guidance warns
15 Apr 2026
By Shannon Morris-Williams | New guidance warns climate change is set to fundamentally reshape financial outcomes for businesses, including difficult-to-model climate “tipping points” – irreversible changes such as ice sheet collapse or ocean circulation shifts – which threaten severe and sudden financial impacts.
Climate pollution static but NZ still on track for first emissions budget, says MfE
17 Apr 2026
By Liz Kivi | New Zealand is still on track to meet its first emissions budget, according to the Ministry for the Environment, despite the pace of emissions reductions slowing to a standstill.
Announcements expected soon on $200M gas fund
Fri 24 Apr 2026
By Pattrick Smellie | Fossil fuel companies appear likely to take up a $200 million government fund to encourage additional oil and gas exploration, dashing lobbyist Business New Zealand’s hopes that it might be repurposed to underwrite industrial electrification.
NZ's latest climate target 'weak' – Climate Action Tracker
24 Jun 2025
By Shannon Morris-Williams | New Zealand's new international climate target to 2035 is weak, and could even allow for higher emissions than the 2030 target, according to a global scientific project that tracks government climate action.
Pacific Islands call for fossil fuel phase-out, NZ hangs back
Thu 23 Apr 2026
By Liz Kivi | Pacific Islands nations have launched a landmark declaration for a Fossil Fuel Free Pacific, calling for a Fossil Fuel Treaty and urgent phase-out of fossil fuels, however New Zealand isn’t rushing to join the call.
Kiwis overly optimistic about state of environment
27 Feb 2026
By Shannon Morris-Williams | New research suggests many New Zealanders believe the environment is in better shape than it really is, with public perceptions often out of step with scientific evidence.
‘They pushed so many lies about recycling’: the fight to stop big oil pumping billions more into plastics
24 Feb 2026
Plastic production has doubled over the last 20 years – and will likely double again. For author Beth Gardiner, metal water bottles and canvas tote bags are not the solution. So what is?
Thousands protest in Germany urging faster shift to renewable energy, amid Iran war
20 Apr 2026
Thousands of people demonstrated across Germany on April 18, urging a faster shift to renewable energy and accusing conservative Chancellor Friedrich Merz’s coalition of putting the brakes on the transition.
China has a new competitor? Kazakhstan reveals huge rare Earth deposit that could power the next tech boom
25 Feb 2026
China’s grip on rare earths might finally see some competition, and the world is already taking notice.
Environment ministry straining under pressure of reforms and potential disestablishment
15 Apr 2026
The ministry responsible for New Zealand’s most significant resource management reform in a generation is doing so under institutional strain, compressed timeframes, and an uncertain future – including its own potential disestablishment.
Timaru’s buses go fully electric
Thu 23 Apr 2026
By Shannon Morris-Williams | Timaru’s bus service is set to go fully electric with the rollout of 10 new vehicles, marking a major step in cutting emissions and advancing Canterbury’s low-carbon public transport network.
The one-million whale climate solution: 6000-mile voyage launches to audit ocean carbon sinks
Today 11:15am
Media release: Pacific Whale Fund | An unprecedented, multi-year ocean expedition launches this week to lay the scientific and legal groundwork for recognising the recovery of whale populations as a vital climate solution across the Pacific.
Media round-up
17 Apr 2026
In our round-up of climate coverage in local media: The fuel crisis is a chance for government to reduce greenhouse gas emissions, what would it take to tap into New Zealand's oceans energy, and which political parties would subsidise your rooftop solar panels?
Carbon trading schemes cut more emissions than carbon taxes, according to global study
20 Mar 2026
By Shannon Morris-Williams | Carbon trading schemes are more effective than carbon taxes at reducing emissions, cutting fossil fuel use, and accelerating the shift to renewable energy, a global study has found.
AI surge gives carbon capture a new push
15 Apr 2026
Technology that captures carbon emissions from power plants may finally get a breakthrough as deep-pocketed tech companies try to meet climate goals while powering the AI race.
Pacific climate response in question as NZ finance remains unclear
19 Dec 2025
By Shannon Morris-Williams | With New Zealand's $1.3 billion international climate finance commitment set to end with no clarity on what follows, the Auditor-General says oversight of that funding remains patchy and long-term outcomes are unclear.
Electric car sales soar 51% in mainland Europe as Iran war drives up fuel prices
Wed 22 Apr 2026
Buyers’ interest in electric cars has risen across Europe since the start of the war in Iran in late February, as the rising cost of petrol highlights the cheaper power available from a plug.
India walked away from its bid to host COP33 – here's why
16 Apr 2026
India has quietly abandoned its bid to host the UN's top-tier climate conference COP33, marking a shift from PM Narendra Modi's pledge in 2023. Experts and analysts explore what's behind the decision.
Infrastructure plan calls for ‘predictable approach’ to electrifying economy
18 Feb 2026
Aotearoa’s first National Infrastructure Plan, introduced to Parliament yesterday, calls for "a predictable approach to electrifying the economy" as one of ten priorities for the next decade.
Extreme weather in Wellington ‘a different beast’
21 Apr 2026
By Liz Kivi | Climate scientist Luke Harrington says the small-scale but intense floods which have slammed the capital in recent days are the kind that intensify most rapidly in a warming climate – and are the hardest to predict.
Scientists forecast wildfire risk for species survival under climate change
Fri 24 Apr 2026
A new study warns climate change could increase the global area susceptible to wildfires in the future, putting many more species at risk than today.
Record 165 GW of wind power capacity added in 2025, led by China, report says
Wed 22 Apr 2026
The global wind industry installed a record 165 gigawatts of new capacity last year, up 40% from 2024 and mostly driven by China, a report by the Global Wind Energy Council said, adding this still lagged the pace needed to hit a key climate goal.
