Topics tagged with 'NZ ETS'
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.
Methane scare: NZ urged to watch and wait
6 Nov 2009
New Zealand policy makers are being urged not to react too quickly to American research suggesting methane might play a bigger part in climate change than previously thought.
ETS politics frustrating, says business chief
6 Nov 2009
Wellington’s obsession with the politics of climate change and carbon trading is turning off the rest of the country, says the EMA (Northern).
We can meet deadline, says ETS committee
6 Nov 2009
The Government says it’s on track to have changes to the emissions trading scheme in place by the time international leaders gather in Copenhagen next month to negotiate the next global climate change agreement.
Emissions trading doesn’t work, says scientist
6 Nov 2009
A government scientist has spoken out against Australia’s Carbon Pollution Reduction Scheme, saying carbon trading and offset schemes appear ineffective in terms of reducing greenhouse gases.
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.
