Topics tagged with 'NZ ETS'
Delay ETS, say major electricity users
30 Apr 2010
“The announcement this week by the Australian Government of a significant delay to an ETS in Australia is a game-changing event that will impact every NZ householder and business” said Ralph Matthes, executive director of the Major Electricity Users’ Group.
Proceeding with ETS ill advised, says EMA Northern
30 Apr 2010
The Government should follow Australia's decision and delay the implementing of its emissions trading scheme until they introduce theirs, the Employers & Manufacturers Association (Northern) says.
Suspend the ETS until 2013, says farmers' lobby
30 Apr 2010
Federated Farmers is urging the National-led Government to match the Australian Government's decision to defer its Emissions Trading Scheme (ETS) until at least 2013.
We've got stamp costs licked, says NZ Post
23 Apr 2010
The cost of posting a letter – or sending a parcel by courier – is unlikely go up when the emissions trading scheme kicks in, New Zealand Post says.
EU launches new carbon trading crackdown
23 Apr 2010
The EU has launched the latest phase of its clampdown on fraud in the carbon market by banning any trade in "recycled" carbon credits.
Support for ETS slumps further, says business lobby
23 Apr 2010
Business support for the Emissions Trading Scheme, due to start for emitters on July 1, appears to have slumped, says the Employers and Manufacturers Association (Northern).
EXCLUSIVE: Business lobby eyes big role in ETS review
16 Apr 2010
Business New Zealand is telling members that it has the chance to influence the make-up of the panel that will review the emissions trading scheme next year.
What the emitters and minister are writing to each other
16 Apr 2010
Carbon News has the correspondence between the Climate Change Issues Minister and large emiters on the future of the emissions trading scheme.
Why farming chief is turning his back on $30,000
16 Apr 2010
Federated Farmers boss Don Nicolson says he’s not interested in claiming carbon credits for his forest.
ETS delay comes at a cost, warn foresters
9 Apr 2010
Delaying the emissions trading scheme would cost the country more in the long run, say forest owners.
Solid Energy lawyers check out free credits
9 Apr 2010
Solid Energy is investigating whether it qualifies for free credits under the emissions trading scheme.
Air NZ looks at using CAP to cover emissions
9 Apr 2010
Air New Zealand is considering using the government CAP to account for its greenhouse gas emissions.
Forest owners flood ministry with returns
9 Apr 2010
The number of forest owners filing carbon emissions returns is up ten-fold on last year.
Tokyo kicks off Asia’s first trading scheme
9 Apr 2010
Plans for a national Japanese emissions trading scheme might still be mired in confusion, but that has not stopped Tokyo winning the race to launch Asia's first carbon trading initiative.
Washington simmers over proposed US fuel tax
9 Apr 2010
A row is brewing in Washington over whether revenue raised through a proposed tax on road fuel should be spent on low carbon projects.
Govt stays silent over future of ETS
1 Apr 2010
The Government appears to have gone to ground over rumours it is considering postponing the entry of heavy emitters into the emissions trading scheme.
Govt betrayed us, say angry fishermen
1 Apr 2010
Commercial fishermen facing big rises in their fuel bills from the emissions trading scheme say they have been betrayed by the National government that has taken millions of dollars worth of compensation off them and given it to quota holders.
Land lies idle as foresters fear conversion
26 Mar 2010
Thousands of hectares of recently deforested land is lying fallow because under the emissions trading scheme owners can’t afford to convert it to other uses.
Coal users count the cost - but how much?
26 Mar 2010
Coal users are about to find out just how much carbon could cost them.
Why Gull is happy to use NZ emissions scheme
26 Mar 2010
Gull Energy says the New Zealand emissions trading scheme is a good dry run for what might happen in Australia.
KiwiRail on track to operating green
26 Mar 2010
KiwiRail is out to make the most of its natural advantage as an environmentally friendly transport operator.
Insurer backs off forest-damage protection
19 Mar 2010
Insurer NZI has put on hold plans to offer forest owners protection against accidental carbon loss while it waits for the carbon market to bed in.
EXCLUSIVE: Why it's not worth planting trees
12 Mar 2010
A consultant is calling on the Government to underwrite the risk of accidental harvest of trees and to guarantee forest owners a minimum price for carbon under the emissions trading scheme.
ETS first step will push inflation, says bank
12 Mar 2010
The entry of the first wave of emitters into the emissions trading scheme will push up inflation, the Reserve Bank predicts.
Broker moving carbon desk to Auckland
12 Mar 2010
OMFinancial is moving its carbon desk to Auckland.
Report lists 10 ‘fat cats’ getting rich from carbon
12 Mar 2010
Windfall profits from Europe’s system for trading industrial carbon quotas could discourage big regional polluters from doing anything to curb emissions.
EU might cancel carbon auctions if price too low
12 Mar 2010
As part of a plan to centralise carbon emissions allowances auctions, the European Union might suspend auctions if allowance prices fall “abnormally low,” according to the World Business Council for Sustainable Development.
Foresters begin to see wood for the trees
5 Mar 2010
Forest owners hope that they will soon have clarity around the way in which carbon credits will be allocated for pre-1990 forests.
Beehive still working through carbon free list
5 Mar 2010
The Government is still working out just which industrial activities will qualify for free carbon credits under the emissions trading scheme.
UK adviser calls for carbon tax on China
5 Mar 2010
Britain should consider a carbon tax on imports to help struggling manufacturers, according to one of the government's key advisers, despite fears such a measure could lead to a global trade war.
Uncertainty dries up Aussie carbon market
5 Mar 2010
The carbon market in Australia has come to a complete halt since the Labor Government announced last May that it would delay the introduction of emissions trading.
Others dither, but NZ certain about ETS
26 Feb 2010
The Government says it is committed to pressing ahead with the emissions trading scheme, despite uncertainty over whether two of our major trading partners will adopt cap-and-trade schemes.
Burning southern forest shows up carbon risk
26 Feb 2010
A forest fire burning near Dunedin is highlighting the risk of natural disasters to carbon.
Have your say on forest credits allocations
26 Feb 2010
Submissions open today on the way in which carbon credits will be allocated for pre-1990 forests.
Aussie trading scheme bogs down again
26 Feb 2010
The Australian government's emissions trading scheme is again bogged down in parliament and now might not go to a vote in the Senate until May.
Korea floats carbon tax plan ... among others
19 Feb 2010
The Korean government is studying ways to introduce a carbon tax and other strong measures to reduce carbon emissions.
Key carbon credits submissions close today
12 Feb 2010
Submissions on the way in which free carbon credits will be shared out close today.
Carbon changes face of forest economics, says scientist
12 Feb 2010
Factoring carbon into forest finances dramatically alters economic viability, according to research by one of the founders of the emissions trading scheme.
Wind grows share of power generation
12 Feb 2010
Wind generation capacity in New Zealand grew by more than 50 per cent last year and now provides more than 3 per cent of New Zealand's power.
Rudd’s ETS heads for the Senate … again
12 Feb 2010
The Australian Government’s embattled emissions trading scheme is on its way back to the Senate for a third time.
City forester trebles profits with sale of credits
5 Feb 2010
A forestry company has sold Kyoto carbon credits for three times the amount of its 2009 profit.
Rudd and Abbott trade blows over climate schemes
5 Feb 2010
Australian Prime Minister Kevin Rudd has seized on an admission by a top economist commissioned to cost Opposition leader Tony Abbott's rival climate change plan that the country needs an emissions trading scheme.
No submissions as allocations deadline looms
29 Jan 2010
No submissions have been made on the crucial regulations governing the allocation of free carbon credits to trade-exposed industries.
Blame weak ETS on big business, says Fitzsimons
29 Jan 2010
New Zealand business has effectively prevented the country taking real action on climate change, says the country’s leading Green politician.
Wanted: New chief for big boys' lobby group
29 Jan 2010
The Greenhouse Gas Coalition wants a new executive director.
Australia presses on with 5% reduction target
29 Jan 2010
The Australian Government has committed to introducing an emissions trading scheme with a floating carbon market in 2012 regardless of what the rest of the world does to cut greenhouse gas emissions.
Aussie Greens want $20b carbon tax to break ETS impasse
22 Jan 2010
The Australian Government has been asked by the Greens to back a $20 billion interim carbon tax proposal to start cutting greenhouse gas emissions.
Treasury gave thumbs down to ETS intensity-based scheme
18 Dec 2009
Treasury told the Government not to adopt an intensity-based scheme for the allocation of free carbon credits to heavy emitters.
Countries suspicious of verification checks
18 Dec 2009
The verification of carbon reduction is emerging as a sticking point between the United States and China.
NZ pours $45m into global research fund
18 Dec 2009
New Zealand will put $45 million towards the Global Research Alliance on agriculture greenhouse gases over the next four years.
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.
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.
‘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.
New Zealand insurer linked to Iranian dark fleet tankers
Wed 29 Oct 2025
A New Zealand insurer is under investigation for providing insurance for Iranian dark fleet tankers Reuters reveals in a new exposé.
Broker predicts all this year’s carbon auctions will fail
10 Oct 2025
By Liz Kivi | Marex New Zealand is forecasting that the government will sell no ‘pollution permits’ at the NZU auctions this year, with a significant gap continuing between secondary market prices and this year’s $68 auction floor price.
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.
Warming oceans probably fuelling Hurricane Melissa’s rapid intensification
Wed 29 Oct 2025
Climate scientists have long warned that warming oceans are making explosive storm development more common.
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.
From pines to natives: Nelson's forestry reset begins
Wed 29 Oct 2025
By Max Frethey, Local Democracy Reporter | Nelson City Council’s transition away from clear-fell pine forestry is well underway with around 74,000 trees planted in the Maitai and Marsden Valleys this winter.
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.
On Louisiana’s Gulf Coast, residents fume as insurers hike rates and invest in fossil fuel projects
22 Oct 2025
Locals face a perfect storm — they can’t afford insurance and climate change threatens their livelihood.
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.
Climate reporting rollback raises risk of 'flying blind', experts warn
Tue 28 Oct 2025
By Shannon Morris-Williams | Government plans to drastically narrow mandatory climate disclosures may reduce compliance costs in the short term – but critics say it will leave New Zealand with major blind spots in tracking climate risk.
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.
