Topics tagged with 'NZ ETS'
Greens push split-emissions cuts targets
30 Jun 2009
The prospect is emerging of New Zealand setting separate reduction targets for carbon and methane.
Energy sector wants firm emissions targets now
30 Jun 2009
The renewables sector is waiting to see whether the Government intends to present firm policy or a proposed strategy when it begins a series of public meetings in nine cities around the country next Monday to discuss New Zealand’s 2020 emissions target.
Why Top Energy is sitting pretty
30 Jun 2009
Top Energy is one of the few electricity generators untroubled by uncertainty around New Zealand’s emissions trading scheme.
Aussie Liberals go soft on climate bill stance
30 Jun 2009
Australia's beleaguered carbon-emissions trading scheme has won a lift by the opposition Liberal Party withdrawing its threat to block enabling legislation passing through parliament.
UK wants billions in climate fund for poor countries
30 Jun 2009
British Prime Minister Gordon Brown has tried to break the deadlock over climate change by proposing the creation of a £60 billion international fund to help poorer countries adapt to the situation.
Industry counts cost of government's ETS delay
26 Jun 2009
Government moves to postpone the entry of the heavy industrial emitters into the emissions trading scheme will cost forest owners money and delay the establishment of a carbon market in New Zealand.
Labour: Government had enough time
26 Jun 2009
The Labour Party is rejecting Government claims that there was never enough time to bring the stationary energy and industrial processes sector into the emissions trading scheme.
Parties stay quiet on ETS cooperation deal
26 Jun 2009
The Government and the Labour Party are refusing to comment on progress for an emissions trading scheme deal.
Australia delays vote on carbon trading
26 Jun 2009
The Australian government failed to get its carbon trading scheme through the Senate yesterday after the opposition Coalition and crossbench senators criticised the scheme’s economic and environmental analysis as being inadequate.
Government inaction worries foresters
26 Jun 2009
Foresters are anxious about the Government’s refusal to comment on its plans to develop market access for forestry credits.
ETS 'alienates' Maori forest land, says MP
26 Jun 2009
The emissions trading scheme effectively alienates Maori land ownership by putting an encumbrance over Maori land, says the Maori Party.
Greens fear impact of Ukraine connection
23 Jun 2009
Green Party climate change spokesperson Jeanette Fitzisimons is calling for tough and transparent rules on the type of international carbon credits admitted to the New Zealand emissions trading scheme in the wake of reports that a huge number of Ukrainian units are coming our way.
ETS review body on hold for key report
23 Jun 2009
The emissions trading scheme review committee will not be meeting to discuss ETS issues this week.
Top UK scientist here to see NZ toes the line
23 Jun 2009
The appearance at a public seminar in New Zealand of a top British government scientist this week underlines the importance that the British authorities are placing on whipping New Zealand into line on emissions trading.
Australian opposition stalls vote on emissions laws
23 Jun 2009
A vote on the Australian government's emissions trading scheme appears certain to be delayed until August, but the Senate was locked in procedural wrangling for much of yesterday about how to achieve the delay.
In the House ...
23 Jun 2009
On Thursday, the Government asked – and answered – questions about the emissions trading scheme.
Climate lobby wants longer ETS review
23 Jun 2009
The New Zealand Climate Change Coalition wants the Government to extend the time frame for the select committee reviewing emissions trading, and to "clarify its real intentions on this issue."
Dunne: ETS report might be July or August ... or later
19 Jun 2009
The emissions trading scheme review committee might not release its report until as late as August.
Greens get in on the act with ETS talks
19 Jun 2009
The Green Party and National have had preliminary talks about supporting a Labour-National agreement on the emissions trading scheme.
Report doesn't do us justice, says forest chief
19 Jun 2009
The regulatory impact analysis of the emissions trading scheme does not do justice to forestry as a low-cost mitigation option for other sectors, says Forest Owners’ Association chief executive David Rhodes.
Filibustering may delay carbon trading vote
19 Jun 2009
The Opposition is likely to seek to prolong debate on the Australian Government's carbon emissions trading scheme in a bid to delay a vote in the Senate.
Brussels tries to charm NZ into action on ETS
19 Jun 2009
A European Union charm offensive exerted on Australia over the past month is partly dedicated to ensuring that the Rudd government passes its delayed emissions trading scheme legislation in sympathy with Europe’s own policies.
ETS economic impact report reaction: Government
19 Jun 2009
A joint report by economic consultants NZIER and Infometrics concludes that a modified emissions trading scheme is the best way forward for New Zealand on climate change policy, says the Government.
ETS economic impact report reaction: Labour
19 Jun 2009
Labour says it welcomes a long-awaited economic modelling of climate change policy options, recommending an emissions trading scheme as the best climate change policy response.
ETS economic impact report reaction: Greens
19 Jun 2009
New economic modelling shows that New Zealand can continue with an emissions trading scheme at little economic cost, and Green Party MP Jeanette Fitzsimons says it is a clear message to Government to stop dithering and get on with it.
Carter quiet on potential of forest carbon credits
16 Jun 2009
Forestry Minister David Carter doesn’t want to talk about the potential for New Zealand forest owners to sell carbon credits to other countries – nor what the Government is doing to help them.
US forests stand crucial for NZ growers
16 Jun 2009
The United States’ stand on forestry offsetting is being closely watched and could be hugely beneficial to New Zealand.
World first as Japan buys NZ carbon credits
12 Jun 2009
New Zealand forestry-based carbon credits have been sold to Japan.
Carbon heavyweight changes mind about NZ
12 Jun 2009
The company that cancelled plans to come to New Zealand when the in-coming National Government announced a total review of the emissions trading scheme is back.
Where are our carbon credits, asks tribal group
12 Jun 2009
Emissions trading has been a long time coming for Ngâti Porou Whanui Forests.
NZUs should be staggered, says trading group
12 Jun 2009
The issuing of carbon credits to forest owners should be staggered through the year, rather than in one lump a year, says Environmental Intermediaries and Trading Group.
Decision near on greenhouse gas emissions rules
9 Jun 2009
The rules that will govern the way in which the stationary energy processes sector works under the emissions trading scheme are nearly complete.
Tawhaki stays quiet on world's biggest carbon deal
2 Jun 2009
The New Zealand company reported to be involved in the world’s largest trade of carbon credits is keeping mum on the deal.
Forestry owners plead for level playing field
2 Jun 2009
New Zealand forest owners say investment in forestry world-wide is being inhibited by policies designed to dampen the effects of the economic recession and to counter climate change.
Govt delays setting emissions target again, says Greenpeace
2 Jun 2009
With only five months to go until the crucial UN climate talks in Copenhagen, the New Zealand Government has announced another delay in setting an emissions reduction target, says Greenpeace.
Traders: Leave carbon price and speculators alone
2 Jun 2009
Carbon prices and the speculators who trade the underlying emissions permits should remain unregulated, despite wild volatility in the nascent market, a panel of emissions traders says.
Turnbull tips Australian carbon trading by January
2 Jun 2009
Australian Opposition Leader Malcolm Turnbull says the country could have an emissions trading scheme as early as January despite members of the Coalition still being opposed to the idea.
Australia points to $200b natural gas-powered recovery
2 Jun 2009
Australia has more than $200 billion worth of energy projects on the drawing board, enough to drive the nation's economic recovery with the right emissions trading scheme, the industry says.
Mystery NZ buyer in world's biggest carbon deal
29 May 2009
International reports that a New Zealand-based company is involved in the world's biggest trade of carbon credits are causing confusion here.
Budget fund boost for ETS another sign it will stay
29 May 2009
A massive Budget boost in funding for the emissions trading scheme is being seen as a sign that the ETS is here to stay.
Climate change outburst embarrasses Act
29 May 2009
The Act Party is distancing itself from a statement made in its name yesterday in which National Party MPs were told they would “introduce an emissions trading scheme at their peril."
Act must back ETS, says forest owner
29 May 2009
The Act Party must embrace the emissions trading scheme, says Malborough forest owner and ex-Act supporter Michael Cambridge.
Beware of 'carbon cowboys', foresters warned
29 May 2009
“Carbon cowboys” with no forestry knowledge are looking to make a quick buck from carbon trading at the expense of forest owners, says Environmental Intermediaries and Trading Group founder Richard Hayes.
EU stands alone as world ponders carbon schemes
29 May 2009
Only the 27-member European Union has a legislated and operating emissions trading scheme to achieve the carbon pollution reduction targets it will sign up to at the United Nations climate change negotiations in Copenhagen in December, the Australian points out.
Business amoral on climate change, says Morgan
26 May 2009
New Zealand cannot rely on business to take a moral position on climate change because it is motivated by optimising profit, says economist Gareth Morgan.
Academic slams our lack of climate research
26 May 2009
New Zealand needs to invest in economic analysis if it is to keep up with climate change research being done offshore, says one of our leading climate scientists.
Uncertainty means forest industry taking a beating
26 May 2009
The forestry sector will take years to recover from the impacts of recent policy uncertainty, says forestry consultant Roger Dickie.
Business group's climate change voice remains hushed
26 May 2009
The Stephen Tindall–led Climate Change Leadership Forum’s bid to keep working seems to have sunk like a stone.
Our ETS already up and running, says law firm
26 May 2009
A publicly issued backgrounder on the emissions trading scheme by a top-tier law firm is being taken by some to represent a semi-official policy statement to the effect that the ETS is long past the point of no return.
Smith delivers significant pro-ETS policy steer
22 May 2009
National still prefers an emissions trading scheme and has hinted at ways in which the scheme can be ‘harmonised’ with Australia’s.
Governments must vote in favour of moratorium on deep sea mining
Tue 29 Jul 2025
Media release - Greenpeace | The 30th session of the International Seabed Authority (ISA) has ended with Greenpeace saying governments are continuing to fall short in protecting the deep sea.
Does NZ need a national incentive scheme for wetlands?
Fri 25 Jul 2025
By Liz Kivi | An expert is calling for a national incentive programme to restore New Zealand’s wetlands and wants to stop schemes to drain these vital carbon-sequestering ecosystems.
NZ Post drops science-based climate target
8 Jul 2025
By Liz Kivi | NZ Post has dropped its science-based emissions reduction target of 42% by 2030 with no plans to replace it.
Airlines risk legal challenges by advertising jet fuel as “sustainable”, NGO warns
18 Jul 2025
Amid suspected fraud in the production of sustainable aviation fuel (SAF), a new report says the airline industry should stop calling all alternatives to kerosene “sustainable”.
Challenges persist in bid to mine the deep sea, even after boost from Trump
Tue 29 Jul 2025
After years of delay, the deep-sea mining plans of Canadian firm The Metals Company (TMC) now appear to be progressing as it pursues a controversial new path to securing a license to mine in international waters under U.S. jurisdiction.
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.
Is extending Huntly power station to 2035 in consumers’ best interest?
22 Jul 2025
By Simon Orme | COMMENT: Genesis Energy is proposing a cartel to keep high-emitting Huntly Power Station in business to 2035. If extending Huntly has economic benefits, is a cartel necessary?
Trump administration moves to repeal scientific declaration on dangers of greenhouse gases
Today 10:45am
In one of its most significant reversals on climate policy to-date, the Trump administration on Tuesday proposed to repeal a 2009 scientific finding that human-caused climate change endangers human health and safety.
Bearish sentiment lingers for carbon market
11 Jul 2025
By Liz Kivi | The compliance carbon market could be set for a gradual upward trajectory, however unsold volume from the quarterly Emissions Trading Scheme auctions continues to act as ‘a price ceiling,’ according to an expert.
Multi-day protest continues at coal mine
Wed 30 Jul 2025
Bathurst Resources has been forced to truck coal from its Stockton mine as climate activists occupy coal buckets at the mine for a third day.
Forestry can be a big plus for sheep and beef farmers – but there are caveats
22 Jul 2025
By Keith Woodford | OPINION: These are good times for sheep and beef farmers with record product prices for meat, which is precisely why now is the time for sheep and beef farmers to be looking again at farm forestry.
Common low-grade clay strengthens low-carbon concrete
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.
NZ voluntary carbon market’s sad state
14 Jul 2025
By John O’Brien | OPINION: A combination of scandals, challenging economic times, and cheaper offshore carbon credits, mean that the domestic voluntary carbon market in New Zealand remains absolutely tiny.
A modest geothermal strategy
Today 10:45am
By Pattrick Smellie | The Government has unveiled a far more modest geothermal energy strategy than its primary backer, Resources Minister Shane Jones, had sought.
Key orange roughy population on verge of collapse, govt considers closure
9 Jul 2025
Media release - Deep Sea Conservation Coalition | New data reveals that New Zealand’s main orange roughy fishery, accounting for half of the country’s total catch, is on the brink of collapse, with one model showing it may have reached that point already, and the government’s considering closing it.
2025 on track to be second or third warmest year on record
Today 10:45am
As it passes its midway point, 2025 is on track to be the second or third warmest year on record. However, it is very unlikely to beat 2024 as the hottest year.
Latest trawl bycatch numbers 'a grim wake-up call'
24 Jun 2025
Media release – Greenpeace | The latest fisheries bycatch data paints a grim picture, with trawlers hauling up thousands of kilograms of coral and killing hundreds of fur seals and seabirds over a 12 month period.
Wilding pines threaten Molesworth Station
Mon 28 Jul 2025
By Shannon Morris-Williams | Without increased support, the unchecked spread of wilding pines will continue to creep across Marlborough’s high country – putting iconic landscapes and one of New Zealand’s top five biodiversity hotspots at serious risk, according to an expert.
Last minute change to oil and gas legislation over cleanup costs
Today 10:45am
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.
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.
European Central Bank to consider 'climate factor' when lending to banks
Today 10:45am
The European Central Bank will add climate change considerations to its lending operations from late 2026, raising pressure on banks to channel financing towards greener sectors as the euro zone seeks to reduce its carbon footprint.
NZ part of hidden global deep-sea network beneath the waves
Fri 25 Jul 2025
Media release - Earth Sciences New Zealand | A world-first study of marine life, including sea creatures found in New Zealand's dark, cold, pressurised ocean depths, has revealed that deep-sea life is surprisingly more connected than previously thought.
‘Ideological sludge’: How NZ is quiet quitting climate action
17 Jul 2025
New Zealand once stood out as a world leader on climate change. In June it became the first country in the world to abandon a commitment to phase out oil, gas and coal.
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.
Hiringa eyes green methanol plant near Whanganui
Tue 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.
Climate catastrophes are creating a ‘new market reality’ for insurance carriers
23 Jul 2025
Raging wildfires and severe storms contributed to record-high global insurance losses — totalling an estimated US$84 billion — for the first six months of the year.
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.
The ICJ’s ruling means Australia and other major polluters face a new era of climate reparations
Fri 25 Jul 2025
By Harj Narulla | OPINION: Australia has found itself on the wrong side of history.
Fund for low emissions transport winds up
Today 10:45am
New Zealand’s Low Emission Transport Fund has officially wrapped up, ending a nine-year programme that put hundreds of millions of dollars towards accelerating the country’s shift to cleaner transport.
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.
Toxic algae are turning South Australia’s coral reefs into underwater graveyards
Tue 29 Jul 2025
Since March, a harmful algal bloom, fueled by a marine heat wave, has been choking South Australia’s coastline.
NZ govt’s fossil fuel plans could break international law
24 Jul 2025
By Liz Kivi | The government could be breaching international law with its plans to subsidise and expand fossil fuel extraction, following a ruling overnight from the world’s highest court.
Tipping points: Window to avoid irreversible climate impacts is ‘rapidly closing’
11 Jul 2025
In the midst of a record-breaking heatwave in Europe, the UK city of Exeter recently played host to the second international conference on “tipping points”.
‘Total infiltration’: How plastics industry swamped vital global treaty talks
Mon 28 Jul 2025
Petrostates and well-funded lobbyists at UN-hosted talks are derailing a deal to cut plastic production and protect people and the planet.
Media round-up
Fri 25 Jul 2025
In our round-up of the climate coverage in local media: Dairy conversions surge; Gore is hit with a drinking water crisis; meanwhile farming lobby groups Groundswell and Federated Farmers are up in arms about a plan to classify environmental impacts in the agriculture and forestry sector.
The EU’s ‘fantasy’ $750B energy promise to Trump
Today 10:45am
The EU has narrowly avoided a full-blown trade war with Donald Trump by pledging to buy $750 billion of U.S. oil and gas by the end of his term. But achieving that will be almost impossible.
Activists sue US development bank over $4.6bn loan to massive Mozambique gas project
18 Jul 2025
Environmental groups claim loan is ‘unlawful’ in legal filing.
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.
Tilting at windmills? Trump’s claims about turbines fact-checked
Today 10:45am
The US president has taken a swipe at wind power as the blades visible from his Turnberry golf course turn.
Ocean heatwaves may signal climate tipping point
Fri 25 Jul 2025
A recent study that tapped into satellite data has revealed that 2023 marked an unprecedented year for marine heatwaves, with record-breaking levels of duration, reach and intensity across the world's oceans.
Climate groups want UK wealth tax to make super-rich fund sustainable economy
17 Jul 2025
Growing number of campaigners urge government to ensure green investment is not done ‘on backs of the poor’.
Can robot taxis solve NZ's transport woes?
23 Jul 2025
By Shannon Morris-Williams | The Ministry of Transport has tested the idea of driverless taxis as a futuristic fix. But while new modelling explores how "robotaxis" could ease congestion and reduce car ownership, critics say it misses a crucial point – the country’s worsening transport emissions.
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.
EV sales fall, but it’s complicated
Tue 29 Jul 2025
Imports of fully electric vehicles fell over 50% in value during the 12 months to June 2025, compared with the year ended June 2024, according to Stats NZ.
Waste Levy risks becoming ‘slush fund’ under proposed changes – Commissioner
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.
The struggle for control of the Arctic is accelerating - and it's riskier than ever
11 Jul 2025
As the battle for one of the world’s coldest places heats up, an increasingly fragile security balance may be breaking down, leading to an escalating arms race.
UN University report warns against carbon credits from REDD, tree planting, and improved forest management
13 Jun 2025
But the report stops short of recommending banning the trade in carbon temporarily stored in trees.
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.
