Topics tagged with 'NZ ETS'
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.
UN shuts clean coal out of emissions trading
18 Dec 2009
The clean-coal industry has been shut out of the global emissions trading scheme at the Copenhagen climate change talks, dealing a blow to the UK, US and Australia.
Forest owners gear up to sell Kyoto credits
11 Dec 2009
Forest owners are making moves to start selling this year’s Kyoto credits as market interest picks up.
UK’s richest man could pocket £1bn from trading
11 Dec 2009
Britain’s richest man, Lakshmi Mittal, majority owner of steel giant ArcelorMittal, could make more than £1 billion over the next two years from the European Union’s emissions trading scheme.
NZ does quick ETS rules patch-up after Aussie collapse
4 Dec 2009
The collapse of Australia’s proposed emissions trading scheme leaves New Zealand without a set of rules for the allocation of free credits to trade-exposed heavy emitters.
Forester: Our credits attracting world interest
4 Dec 2009
A company which has already sold millions of dollars of worth of New Zealand forestry credits says there is strong international interest in the units.
At last, the forestry show can hit the road
4 Dec 2009
A Ministry of Agriculture and Forestry road show to explain to the emissions trading scheme to forest owners is about to hit the road – a year later than planned.
Decision to go to Copenhagen the easy part, says Greenpeace
4 Dec 2009
Greenpeace says John Key has made the right decision to attend the Copenhagen climate talks, but is warning him against relying on New Zealand’s current climate policies as a figleaf.
Be warned: ETS is here and businesses must comply
27 Nov 2009
Chief financial officers and boards must come to terms with the emissions trading scheme now or risk exposing their businesses to significant risk, a senior adviser is warning.
It's game on as ETS interest starts to flow
27 Nov 2009
New Zealand businesses are waking up to the reality of the emissions trading scheme.
Businesses to have say in allocation rules
27 Nov 2009
New Zealand businesses will have a chance to influence the way in which free credits to trade-exposed companies are issued.
Senate shambles as Aussie ETS vote due today
27 Nov 2009
The Australian government is confident the Senate will vote late today on its emissions trading scheme following a day of political turmoil yesterday.
ETS: What Climate Change Minister Nick Smith says
27 Nov 2009
The Government has secured the support of the Maori Party to enable New Zealand to implement an affordable and workable emissions trading scheme next year.
ETS: Society wants forestry answers
27 Nov 2009
The Environmental Defence Society has called on the government to clarify exactly what forestry will be permitted on Department of Conservation land as a result of the agreement with the Maori Party on the emissions trading scheme.
ETS: Forest owners say deal is unjust
27 Nov 2009
Forest owners say pre-1990 forests are likely to be worth next to nothing because of the ETS. Owners have been landed with the massive liabilities of being part of the scheme, but cant earn carbon credits.
ETS: Shark swallows the Maori minnow
27 Nov 2009
There is a famous story in Te Ao Mâori. It is about a kahawai, not unlike the Mâori Party, and the great white shark. The great white shark said to the kahawai
ETS: Federated Farmers praise handiwork
27 Nov 2009
Federated Farmers has taken cold comfort that its behind-the-scenes lobbying might have saved each New Zealand farm some $27,000 from 2030.
Maori win ETS voice ... and trip to Copenhagen
23 Nov 2009
The Government has done a deal with the Maori Party over the emissions trading scheme that will see iwi consulted over the rules for the allocation of free carbon credits in agriculture and fishing, and taking a seat at the Copenhagen climate change talks.
Opposition gets ready to mount counter-offensive
23 Nov 2009
A carbon price cap of $100, transparency over heavy emitters making donations to political parties, and bringing agriculture into the ETS in 2013 as originally planned are among counter proposals the Labour Party will put up against the National-Maori Party deal to change the scheme.
Smith: Agreement enables progress on climate change
23 Nov 2009
The Government has secured the support of the Maori Party to enable New Zealand to implement an affordable and workable emissions trading scheme next year, Minister for Climate Change Issues Nick Smith says.
Maori Party: Deal to benefit all
23 Nov 2009
New Zealand's role in global warming and its financial commitments are set to be lowered as a result of the afforestation provision the Maori Party has negotiated with the Government.
Labour: A 'quick and dirty deal'
23 Nov 2009
Today's "quick and dirty deal" with the Maori Party lumps taxpayers with a $110 billion bill allowing big polluters to continue polluting, Labour Leader Phil Goff said today.
Greens: Deal will cost everyone
23 Nov 2009
Legitimate Treaty settlement concerns are not a good reason for Maori to support flawed legislation that will cost both Maori and Pakeha dearly, the Green Party said today.
ETS changes mean tomorrow's NZers will pay 84 per cent of Kyoto costs, says council
23 Nov 2009
The Sustainability Council is sticking by its claim that amendments to the emissions trading scheme will mean that tomorrow’s New Zealanders will have to pay for today’s greenhouse gas emissions.
Maori quiet on ETS small print till Monday
20 Nov 2009
Details of a deal between the Maori Party and the Government for support for changes to the emissions trading scheme could be revealed on Monday.
IN THE HOUSE: Maori Party ETS deal
20 Nov 2009
Parliament yesterday discussed the potential impacts of the emissions trading scheme on Maori.
Forum: Taking agriculture forward with the Emissions Trading Scheme
20 Nov 2009
Climate Change Issues Minister Nick Smith speaks to the Federated Farmers National Council Meeting in Wellington yesterday.
Maori health will be hit hard, say MPs
20 Nov 2009
Lower income Maori households will be amongst the hardest hit by the emissions trading scheme deal, because they will be forced to pay more taxes to subsidise big polluters while much- needed social spending is slashed, say Labour MPs Charles Chauvel and Mita Ririnui.
Time for a cup of tea, says veteran Nat
20 Nov 2009
A life-long National Party member is criticising the Government’s “headlong rush” into changes to the emissions trading scheme.
Smith's Treaury reaction a worry, says Chauvel
20 Nov 2009
National is in complete denial with its rejection this week of Treasury's estimate that the government's ETS scheme will cost the Kiwi taxpayer a "staggering" $110 billion dollars, Labour says.
Next steps will depend on Maori Party bottom line
16 Nov 2009
ANALYSIS. – The backroom deal with the Maori Party will determine if changes to ETS law get through Parliament.
Oops! Treasury sums wrong by $50 billion
16 Nov 2009
Treasury underestimated by $50 billion the cost of proposed changes to the way in which the government hands out free carbon credits.
ETS debate might still be a week away
16 Nov 2009
Parliament might not debate changes to the emissions trading scheme until next week.
Dejected dairy giant plans next ETS move
16 Nov 2009
Dairy giant Fonterra is considering its next move after a parliamentary select committee failed to prevent measures that will exclude the co-operative’s processing from receiving free carbon credits.
Goff slams Government's billions blunder
16 Nov 2009
The shambolic process around the Government’s proposed Emissions Trading Scheme has been exposed by a $50 billion blunder by National, Labour Leader Phil Goff said today.
Greens: ETS something worth swearing about
16 Nov 2009
Revelations that Climate Change Minister Nick Smith's proposed changes to the Emissions Trading Scheme are going to cost taxpayers an extra $105 billion is something really worth swearing about, Dr Russel Norman, Green Party Co-Leader, said today.
National foolish in slavishly following Australia, says Chauvel
16 Nov 2009
The Australian Government's decision to exclude agriculture from its emissions trading scheme is further evidence of the folly of National's headlong rush to harmonise with Australia in this area, Labour's climate change spokesperson Charles Chauvel says.
Aussie farmers out of ETS ‘faster than a rat up a drainpipe’
16 Nov 2009
As predicted by Federated Farmers two weeks ago, Australia’s Federal Government yesterday opted to permanently exclude farmers from its emissions trading scheme.
Aussie agriculture backflip could be first of many
16 Nov 2009
The Australian government’s sudden backflip on agriculture yesterday could lead to even more concessions being made to try to get the country’s proposed emissions trading scheme through the Senate in the next couple of weeks.
Error sends cost of ETS changes skyrocketing
13 Nov 2009
The cost of changes to the emissions trading scheme might be up to three times as high as the Government has said.
Vote deadlocked as ETS bill returns to House
13 Nov 2009
A deadlocked select committee is expected to report back to Parliament today on the Government’s planned changes to the emissions trading scheme.
Divided Maori Party likely to toe the line on ETS
13 Nov 2009
The Maori Party is deeply divided over changes to the emissions trading scheme – but is unlikely to split its vote on the issue.
Treasury says it hasn't got Kyoto accounts wrong
13 Nov 2009
Treasury is disputing a claim that it has failed to include liabilities for future forestry harvesting in New Zealand’s Kyoto accounts.
Turnbull feels heat over sceptics remark
13 Nov 2009
Australian Opposition Leader Malcolm Turnbull has shrugged off a senior colleague's suggestions that the party is dominated by climate change sceptics.
Bio-fuel levy the last straw for forest owners
13 Nov 2009
A government decision to make big companies pay for some of their greenhouse gas emissions when using wood pellets and other biofuels is seen as the last straw by many in the forest industry.
Farmers might move offshore, warns Fonterra
6 Nov 2009
Fonterra is being cut out of free carbon credits under the Government's amended emissions trading scheme - and is warning the move could drive farmers offshore.
Climate progress slowing, says Auckland councillor
Thu 5 Jun 2025
By Shannon Morris-Williams | The devastating cyclone that tore through Tāmaki Makaurau in 2023 left behind more than just broken infrastructure, sparking calls to focus on facts over ideology in the fight against climate change.
Fed Farmers launches campaign against carbon forestry
Fri 6 Jun 2025
By Liz Kivi | Federated Farmers has launched what they are calling the ‘Save Our Sheep’ campaign, blaming carbon forestry for declining sheep numbers and calling on the government to urgently review the Emissions Trading Scheme.
Greenwashing is rife in Australia, but could its days be numbered?
28 May 2025
COMMENT: Have you ever ticked the box to “fly carbon neutral”, had something delivered via “carbon-neutral shipping” or chosen to pay a bit extra to buy “carbon-neutral gas” from your energy retailer?
Help sustainable aviation fuels take off or delay targets, airlines warn EU
20 May 2025
Earmarked funding, risk-reduction tools, and simplified imports top Airlines for Europe’s wish list for the EU’s upcoming Sustainable Transport Investment Plan.
Microplastics found in sand on dozens of NZ beaches
Wed 4 Jun 2025
Scientists have extracted microplastics from the sand of 22 beaches from the Far North to Banks Peninsula.
Sustainability claims questioned as renewable diesel surges
14 May 2025
Critics are sceptical about industry claims of renewable diesel life-cycle greenhouse gas emission cuts and warn renewable diesel carbon releases will surge if sourcing is scaled up, triggering tropical deforestation as producers convert forests to energy crops, such as oil palm and soy.
Govt mulls status quo for ETS auction settings
29 May 2025
By Liz Kivi | The government has released its consultation on the Climate Change Commission’s latest advice on Emissions Trading Scheme auction settings and volumes, putting forward the option to ignore the commission’s advice to boost auction volumes from 2028-2030.
Global energy investment set to hit record $3.3 trillion in 2025, IEA says
Fri 6 Jun 2025
A surge in clean energy spending is expected to drive a record $3.3 trillion in global energy investment in 2025, despite economic uncertainty and geopolitical tensions, the International Energy Agency said on Thursday.
Carbon price too low to fund carbon capture
20 May 2025
The government’s climate target to 2030 is at risk, after revelations that a carbon capture project which the government was relying on to deliver one third of its carbon reductions, might not go ahead.
Fight over coal mine heats up
30 May 2025
Forest & Bird is calling on the government to create a new scientific reserve covering the Denniston Plateau on the West Coast, which would stop a fast-tracked coal mine.
Trump’s actions are already having consequences for climate, especially for the IPCC - expert
11 Apr 2025
Leading climate scientist, Dr Kevin Trenberth, left the US and came home to New Zealand because of the rise of Donald Trump. In this comment piece, he writes that he is appalled in multiple ways by the so-called “war on science” unfolding through staff cuts and the president’s policy edicts.
Common low-grade clay strengthens low-carbon concrete
Thu 5 Jun 2025
Media release | Engineers at RMIT University have converted low-grade clay into a high-performance cement supplement, opening a potential new market in sustainable construction materials.
Cuts to climate finance put exports in jeopardy: Lawyers
23 May 2025
By Liz Kivi | The government has halved international climate finance, a move aid organisations describe as “devastating,” and which lawyers say could put our Paris Agreement commitments and export market access at risk.
Watts talks big on energy reform, but barriers persist
29 May 2025
By Shannon Morris-Williams | Energy and Climate Change minister Simon Watts says the government is doubling down on efforts to boost renewable energy generation, streamline regulation, and drive private sector investment as New Zealand faces mounting energy security and affordability challenges.
Gas supply reducing faster than forecast
Thu 5 Jun 2025
By Liz Kivi | Gas reserves have reduced 27% as of 1 January 2025 compared to last year, according to data released today by the Ministry of Business, Innovation and Employment.
Govt budgets $200m for would-be gas investors
23 May 2025
By Liz Kivi | Energy Resources Aotearoa has welcomed the government's plan to co-invest $200 million in fossil gas expansion, while environmental and climate groups have reacted with horror.
Extreme ocean warming engulfed South-West Pacific in 2024
Fri 6 Jun 2025
By Shannon Morris-Williams | Unprecedented ocean warming engulfed the South-West Pacific in 2024, with extreme heat and rainfall causing deadly and devastating impacts and sea level rise threatening entire islands.
Oceans Commission must have teeth – minister
14 May 2025
If an Oceans Commission were to be established under the government it would need genuine powers to make change, says Minister for Oceans and Fisheries Shane Jones.
Biochar's negative emissions tech coming to Fieldays
Fri 6 Jun 2025
Biochar Network New Zealand will showcase its negative emissions technology biochar at this year's Forestry Hub at Fieldays 2025.
Vanuatu criticises Australia for extending gas project while making COP31 bid
Wed 4 Jun 2025
Vanuatu’s climate minister has expressed disappointment over Australia’s decision to extend one of the world’s biggest liquefied natural gas projects and said it raises questions over its bid to co-host the COP31 summit with Pacific nations.
Hotter and deeper: how NZ’s plan to drill for ‘supercritical’ geothermal energy holds promise and risk
2 Apr 2025
By David Dempsey, University of Canterbury | New Zealand’s North Island features a number of geothermal systems, several of which are used to generate some 1,000 MegaWatts of electricity. But deeper down there may be even more potential.
Electrification challenge for politicians, regulators
27 May 2025
Rewiring Aotearoa is calling for stronger political leadership to bring its vision of a cheaper, cleaner and stronger energy system to life, with the launch of its policy manifesto today.
How the little-known ‘dark roof’ lobby may be making US cities hotter
Fri 6 Jun 2025
As cities heat up, reflective roofs could lower energy bills and help the climate. But dark-roofing manufacturers are waging a quiet campaign to block new rules.
Energy Australia is in court accused of greenwashing. What is the case about and why is it significant?
16 May 2025
Climate group alleges energy giant misled 400,000 customers about ‘Go Neutral’ product, arguing that carbon credits don’t actually remove emissions.
Methanex closure comes early this year
14 May 2025
The almost-now-annual closure of Methanex has come earlier this year, giving more confidence that the electricity system will get through the winter without a fuel shortfall.
What happened to the hydrogen economy?
Tue 3 Jun 2025
The hydrogen car that was supposed to carry us into a cleaner future is still not in the driveway. In fact, outside of a few test markets, it’s not in anyone’s driveway.
Climate change could drive surge in foreclosures and lender losses, new study finds
22 May 2025
Extreme weather linked to climate change could spell financial ruin for many American homeowners and lead to billions in losses for lenders, a new study finds.
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.
Energy Australia apologises to 400,000 customers and settles greenwashing legal action
22 May 2025
Energy retailer says carbon offsetting ‘not the most effective way’ to reduce emissions.
Could ‘orange’ hydrogen be NZ’s key to net-zero?
30 May 2025
By Liz Kivi | New Zealand could be sitting on resources for a thriving multi-billion-dollar, low-carbon hydrogen economy, which might even be capable of creating a net reduction of carbon dioxide, according to scientists.
Carbon News launches price index
24 Jun 2024
Today’s issue is the first to feature Carbon News’ own carbon price index for secondary market spot prices for NZUs on New Zealand’s compliance market.
Govt's RMA overhaul sparks fears for nature and climate
30 May 2025
By Shannon Morris-Williams | The Government has opened public consultation on the biggest overhaul of environmental planning rules in New Zealand’s history, with critics warning it puts nature and climate at risk in favour of fast-tracked development and industry expansion.
Top ocean experts sound the alarm over growing marine crisis due to climate change
Fri 6 Jun 2025
On the opening day of a global science conference, French fishery scientist Clea Abello presented research showing that marine protected areas could protect commercially valuable fisheries.
Tech alone won’t save us, warns climate expert
Wed 4 Jun 2025
By Shannon Morris-Williams | Technology alone won't be enough to reach net zero emissions, environmental psychologist Lorraine Whitmarsh told the Carbon and Energy Professionals conference in Auckland last week.
New research reveals NZ’s natural resource footprint
29 May 2025
Media release | New research from the office of the Parliamentary Commissioner for the Environment reveals that about 107 million tonnes of natural resources were required to produce the goods and services consumed by New Zealanders in 2019 – approximately 21 tonnes per person on average.
NZ's first chance in 20 years to catch up on waste
30 May 2025
Media release | The government has announced proposals for updating the Waste Minimisation Act and the Litter Act. For the first time in nearly 20 years, Kiwis have a chance to catch up with other countries to reduce our waste and litter.
Waste Levy risks becoming ‘slush fund’ under proposed changes – Commissioner
Thu 5 Jun 2025
By Shannon Morris-Williams | Proposed changes to New Zealand's waste legislation risk undermining public trust in the waste levy scheme, according to Parliamentary Commissioner for the Environment Simon Upton.
Dismissals 'massive win' for climate movement
13 May 2025
The outstanding charges against 25 climate activists who disrupted traffic in Wellington have been dropped, a move the group calls a win for the climate movement.
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.
UK’s solar power surges 42% after sunniest spring on record
Fri 6 Jun 2025
The UK’s solar farms and rooftops generated more electricity than ever before in the first five months of 2025, as the country enjoyed its sunniest spring on record.
Green budget 'ludicrous la-la land' – govt
15 May 2025
Prime Minister Christopher Luxon said the budget was "clown show economics" and an "absolute circus".
US: Clean energy project cancellations top $14 Billion so far in 2025
Wed 4 Jun 2025
Businesses have pulled the plug on big projects amid Trump’s retreat on climate action. But plenty remain in the pipeline, awaiting a Congressional decision on tax credits.
United Nations carbon market rules agreed but concerns remain
25 Nov 2024
New carbon market rules agreed at the fractious UN climate summit will be a relief to New Zealand and Singapore, who were leading the negotiations, but concerns about greenwashing and disadvantaging nature-based solutions remain.
“It’s not the car – it’s how we move” – EECA
Tue 3 Jun 2025
By Shannon Morris-Williams| New Zealand’s transport emissions conversation has focused heavily on electric vehicles – but Richard Briggs, group manager, delivery and partnerships at the Energy Efficiency and Conservation Authority, says we’re asking the wrong question.
Europe’s next climate target may already have been agreed in Berlin
28 May 2025
Germany’s new coalition has adopted a climate stance shaped by talks with the EU’s top climate official, signalling where the bloc may land on a likely upcoming 2040 emissions target.
Water crisis on the horizon?
26 May 2025
Media release | Sewage contaminating Auckland oyster farms highlights the “dire state” of water infrastructure in Aotearoa, says University of Auckland Associate Professor Daniel Hikuroa.
Tropical forest loss hit new heights in 2024; fire a major driver in Latin America
23 May 2025
Tropical forest loss skyrocketed in 2024, with vast swaths of primary forest consumed by fire, according to new satellite data.
For the first time, China invests more in wind and solar than coal overseas
29 May 2025
China’s Belt and Road Initiative, long derided for its heavy carbon footprint, was dominated by wind and solar power projects for the first time from 2022 to 2023, according to a new analysis. But coal plants financed in earlier years are still coming online.
