Topics tagged with 'NZ ETS'
Foresters get carbon credits ... but what now?
14 Apr 2009
Forest owners have received their first batch of carbon credits but are unsure about insuring and on-selling them.
Uncertainty keeps NZUs volatile, says trader
14 Apr 2009
The price of New Zealand Units is likely to remain volatile for another six months, says a leading trader.
Europe’s steelmakers reap $1b carbon windfall
14 Apr 2009
European steelmakers received over $1 billion worth of unneeded carbon permits last year under the European Union's Emissions Trading Scheme, EU data shows.
State governor calls for carbon tax to fight warming
14 Apr 2009
The Governor of the Australian state of Victoria, David de Kretser, has called for consideration of a carbon tax, to increase the price of goods produced using energy from high-pollution power stations.
ETS uncertainty points to serious energy problems, says Labour
14 Apr 2009
The confusion and uncertainty created by National’s climate change policy is putting New Zealand’s energy security at risk, Labour’s Energy spokesman Charles Chauvel says.
Cross-party pact vital for ETS, says Vector
9 Apr 2009
A strong cross-party agreement on durable climate change policy is the single most important thing that the emissions trading scheme review committee must deliver, the committee is being told this morning.
Energy leaders have big day out at ETS hearings
9 Apr 2009
The energy sector gets its chance to be heard by the ETS review committee this morning.
Greens and Nats do deal over home insulation
9 Apr 2009
Subsidised home insulation is back on the agenda, with National agreeing to work on a project with the Greens.
HFCs clampdown could backfire, company warns
9 Apr 2009
Clamping down on the so-called “bad boys” of human-induced climate change -hydroflourocarbons (HFCs) - in the emissions trading scheme could backfire and actually lead to increased emissions, warns an air conditioning company.
Government uncertainty over ETS must end, say Greens
9 Apr 2009
Business leaders and the public favour prompt Emissions Trading Scheme action to doing nothing by a margin of 2:1, according to a survey by the Business Council for Sustainable Development, says the Green Party.
Labour: We're ready to start work on joint ETS
7 Apr 2009
Work on a joint National/Labour emissions trading scheme could start as early as this week, says Labour climate change spokesman Charles Chauvel.
NZ Steel seeks suspension of ETS
7 Apr 2009
The stakes are high for NZ Steel as it contemplates the impact that its presentation to the ETS review committee last week might have had.
Concrete plant swings on ETS, says manufacturer
7 Apr 2009
The axe could fall on plans for a major new concrete manufacturing plant if the emissions trading scheme review committee does not heed industry warnings.
Money crisis takes bite out of carbon emissions
7 Apr 2009
The collapse of industrial output in the world economic crisis is producing a plunge in carbon emission far exceeding any governmental targets, new data from the European Commission suggests.
Dunne: With Labour, we'll reach ETS agreement
3 Apr 2009
The chairman of the emissions trading scheme review committee is predicting that Labour and National will reach agreement over a scheme which will have some degree of harmonisation with Australia.
US cap-and-trade bill may pose problems for NZ large emitters
3 Apr 2009
The latest cap-and-trade bill introduced in Congress offers the United States’ large emitters less transitional assistance than their New Zealand counterparts.
NZUs allocation clear sign of future ETS plans
3 Apr 2009
The Government’s allocation of eight million NZUs to the Crown’s holding account on Wednesday is a clear sign that the emissions trading scheme is here to stay.
Business leaders welcome multi-party deal talks on ETS
3 Apr 2009
Business leaders are welcoming statements by the National, Labour and Green parties that they are prepared to discuss a multi-party deal on an emissions trading law.
Finland acts to tax low-carbon power producers
3 Apr 2009
Nuclear and hydro power plants in Finland are to be taxed to reduce company profits that result from competitive operation in a market with carbon trading.
Airlines fear failure of global climate talks
3 Apr 2009
Major airlines have warned that failure to agree on a global approach to emissions trading in climate change talks could hurt their industry by leading to increased taxes and regulation.
NZ carbon price cap backward step, says trader
31 Mar 2009
Capping New Zealand carbon prices as part of harmonising an emissions trading scheme with Australia would be a backward step, says a leading trader.
No hurry on methane emissions, says Groser
31 Mar 2009
Trade and Associate Climate Change Minister Tim Groser says that with no technology available to counter agricultural methane emissions, New Zealand will not push the case just for a 'first' on emissions trading.
ETS review hearings start on Thursday
31 Mar 2009
The ETS review committee will begin hearing submissions on Thursday morning, with the list of those who will be presenting being provided to committee members tonight.
National-Labour-Green deal possible on ETS
27 Mar 2009
The National Government could have a majority for a revised emissions trading scheme without the Act Party.
Energy leader backs cross-party action on ETS
27 Mar 2009
The prospect of cross-party support for an emissions trading scheme is being welcomed by energy infrastructure company Vector.
ETS hearings timetable out today
27 Mar 2009
Submitters to the ETS review committee should know later today the timetable for submission hearings.
Insurers work through climate disasters liability
27 Mar 2009
The insurance industry is grappling with the issue of how to insure against carbon lost through fires, biosecurity breaches, cyclones and other disasters.
Follow the Danes on animal tax, say farmers
27 Mar 2009
Federated Farmers is using the actions of Danish politicians to keep pressure on the ETS review committee.
Garnaut says no reason to delay emissions trading
27 Mar 2009
The Australian federal government's climate change expert, Professor Ross Garnaut, expects the economy to be in recovery by the time an emissions trading scheme begins operation in July 2010.
Wong off to talk climate change in US
27 Mar 2009
Australian Climate Change Minister Penny Wong left yesterday for the United States to discuss climate change with leading figures in the new administration.
Minister refuses to rule out further delays to ETS - Labour
27 Mar 2009
Environment Minister Nick Smith’s refusal in Parliament on Wednesday to rule out further delays in the implementation of New Zealand’s Emissions Trading Scheme is a cause for considerable alarm, says Labour’s Climate Change Issues spokesperson Charles Chauvel.
Happy forest owners now look for better NZUs price
24 Mar 2009
Foresters greeted the first sale of NZUs with keen interest but are looking for an improved price, says Earnslaw One environment manager Peter Weir.
Energy leader calls for carbon tax solution
24 Mar 2009
New Zealand’s largest domestically owned and operated energy company is calling for the government to postpone the emissions trading scheme and reconsider a carbon tax.
Harmonising Tasman emissions schemes could mean massive losses
24 Mar 2009
Harmonising the Australian and New Zealand emissions trading schemes could cause massive losses for forestry firms here and bring fuels into the scheme six months early.
Super funds in dark over costs of climate change
24 Mar 2009
Australian super funds want to review their investments in light of climate change, but are in the dark when it comes to evaluation methods.
Carbon trading 'undermined by boom and bust’
24 Mar 2009
A shake-up in the way the "boom and bust" carbon markets are working in Europe is being urged ahead of tomorrow's auction of new emission certificates by the UK government.
EXCLUSIVE: Forestry credits sale marks world first
20 Mar 2009
New Zealand’s emissions trading scheme has had its first trade.
Australia move could cut agriculture from ETS
20 Mar 2009
Aligning New Zealand’s emissions trading scheme more closely with that of Australia could mean an indefinite delay to bringing agriculture into the scheme, opening this country to charges of unfair subsidies, Greenpeace says.
Infratil happily waits for Tasman emissions schemes
20 Mar 2009
Hesitation on both sides of the Tasman over implementing the emissions trading regimes, along with the falling price of crude oil, is a problem for what many view as the most imaginative investment by Infratil.
ETS select committee starts hearing views
20 Mar 2009
The select committee reviewing the emissions trading scheme has started hearing submissions.
Business Roundtable releases climate change submission
20 Mar 2009
The Business Roundtable has released the submission which it presented yesterday to the emissions trading scheme review committee of Parliament.
Farmers want agriculture, food out of ETS
17 Mar 2009
Federated Farmers wants agriculture and food production removed from the emissions trading scheme.
World gets interested in our forestry NZUs
17 Mar 2009
International interest is growing in New Zealand forestry units.
Greens call for forest industry to diversify
17 Mar 2009
Forestry and Biosecurity Minister David Carter addresses the International Biosecurity Conference in Rotorua this morning amidst calls for New Zealand to diversify its forest plantation species to make it less vulnerable to catastrophic forest losses caused by biosecurity breaches.
Opposition ups ETS pressure on Rudd government
17 Mar 2009
The Australian Government yesterday faced mounting pressure to make radical changes to its carbon trading plans to get the scheme passed by parliament.
Select committee has a chance to get it right
13 Mar 2009
The emissions trading scheme review is a good process which could give New Zealand a chance to “get it right”, says a leading climate change adviser.
Chauvel: Forget Australia and get on with our ETS
13 Mar 2009
Calls for alignment with Australia are really calls for New Zealand to delay the implementation of its emissions trading scheme, says Labour’s climate change spokesman Charles Chauvel.
Opposition terriers get teeth into Rudd’s ETS
13 Mar 2009
The Australian Government’s massive draft emissions trading legislation could be torn apart before it is put to the Parliamentary vote, throwing into doubt Prime Minister Kevin Rudd's 2010 timetable for the introduction of emissions trading.
What the Australian ETS proposes …
13 Mar 2009
After months of criticism and heated debated from all corners, the draft legislation for Australia’s Emissions Trading Scheme has been released.
Angry EU farmers oppose livestock-gas tax
13 Mar 2009
Proposals to tax the flatulence of cows and other livestock have been denounced by farming groups in the Irish Republic and Denmark.
Local govt bill 'completely misses the point,' passes first reading
Today 11:00am
By Shannon Morris-Williams | The government’s bill making changes to the Local Government Act to "refocus" councils on their core functions passed its first reading in Parliament last night, with critics saying it will set back climate resilience.
Expert rejects farmers call to ditch green investment framework
Thu 17 Jul 2025
By Shannon Morris-Williams | Scrapping a proposed 'green' finance taxonomy before work on it is even finished would risk New Zealand being left behind in the transition to more sustainable systems, according to an expert.
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
Today 11:00am
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”.
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”.
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.
‘Ideological sludge’: How NZ is quiet quitting climate action
Thu 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.
EU seeks 'fair competition' with China on green energy
Today 11:00am
The European Union is seeking "fair competition" with China and not a race to the bottom in wages and environmental standards, the bloc's vice president for the clean transition told AFP in Beijing on Monday.
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.
EU wants to see China take more ambitious climate action
Tue 15 Jul 2025
The world needs China to show more leadership on climate action, highlighting the importance of cutting planet-heating emissions and reducing the Chinese economy's reliance on coal.
NZ voluntary carbon market’s sad state
Mon 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.
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.
Carbon price grinds higher - where to from now?
30 Jun 2025
By Liz Kivi | The carbon price has continued to grind slowly higher since this month’s failed auction, with prices at their highest since March, although still languishing well below this year’s auction floor price.
Importing LNG is feasible, but is it plausible?
Today 11:00am
Importing liquefied natural gas (LNG) as a form of energy supply insurance is technically feasible, but an industry-commissioned report raises questions about whether it is financially plausible.
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.
Media round-up
Today 11:00am
In our round-up of the latest climate coverage in local media: with parts of the country still reeling from flooding exacerbated by climate change, debate heats up over who will pay for managed retreat from at-risk areas.
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.
Illegal loggers profit from Brazil’s carbon credit projects
Thu 17 Jul 2025
How a system designed to protect the world’s biggest rainforest is funding businesses with a track record of illegal deforestation.
Climate backtracking could impact trade relationships: Labour
9 Jul 2025
By Liz Kivi | Labour Party Energy spokesperson Megan Woods says the government needs to be upfront about how its energy policies will impact trade relationships, following revelations New Zealand was warned by other governments that backtracking on climate policies jeopardised its membership of an international alliance.
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.
Farmers slam proposed guidelines for sustainable finance
Wed 16 Jul 2025
By Liz Kivi | Federated Farmers is calling on the government to scrap its proposed framework for ‘green’ finance, saying it is ideologically driven, unworkable, and risks harming rural communities.
Does Aussie court ruling hold lessons for NZ?
Thu 17 Jul 2025
By Liz Kivi | A recent Australian court ruling should serve as a warning to New Zealand's decision-makers on how important it is to align climate targets and climate policies with the best available science, according to a climate litigation expert.
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.
Electric firebricks: decarbonising high-temperature industrial heat
13 Jun 2025
By Ian Mason | A new technology could offer a more cost-effective solution than hydrogen to decarbonise one ‘hard-to-abate’ sector of New Zealand’s economy, as well as having ample potential for demand response as the electricity grid becomes more renewable.
‘Significant gaps’ in proposed approach to climate adaptation
10 Jul 2025
A new report into climate adaptation doesn’t suggest how development in high-risk areas should be avoided - an issue that needs urgent action with thousands of homes still being built in hazardous areas, according to the Environmental Defence Society.
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.
Activists sue US development bank over $4.6bn loan to massive Mozambique gas project
Today 11:00am
Environmental groups claim loan is ‘unlawful’ in legal filing.
Clear-sighted view to trade-offs crucial to reimagining our relationship with the land
7 Jul 2025
By Nick Swallow | COMMENT: New Zealand could see a 70% drop in the value of dairy land if we pursue our emissions targets for agriculture, according to a new report.
Rio Tinto urges Albanese govt to reimpose carbon tax, boost green energy subsidies
Thu 17 Jul 2025
The mining giant has used it’s submission to the Productivity Commission ahead of the Albanese government’s economic roundtable to lobby for the re-imposition of a carbon pricing scheme and bolstered green energy subsidies.
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.
Millions of tons of tiny plastic particles are polluting the ocean, study finds
Tue 15 Jul 2025
At least 27 million tonnes of nanoplastics are estimated to be floating in the North Atlantic Ocean, weighing more than all wild land mammals combined.
'Back-to-basics' approach for councils ignores climate risk
11 Jul 2025
By Shannon Morris-Williams | While ACT is standing local government candidates to oppose councils' attempts to manage emissions and ministers are calling for local authorities to 'get back to basics' - or even suggesting scrapping regional councils altogether - one expert says this narrative is putting communities at risk in the face of climate change.
Markets aren't going to save us – Carr
9 Jul 2025
By Shannon Morris-Williams | Consumerism is reaching its ecological and economic limits, and only systemic change - not market tweaks - can steer us away from climate catastrophe, according to former Climate Change Commission chair Rod Carr.
Microplastics found in sand on dozens of NZ beaches
4 Jun 2025
Scientists have extracted microplastics from the sand of 22 beaches from the Far North to Banks Peninsula.
Foresters seek time; end to using ETS as a land use tool
Wed 16 Jul 2025
By Pattrick Smellie | Production and carbon forestry owners have begged the environment select committee to at least give the sector more time to come up with workable rules for legislation intended to cap forest planting on farmland.
UK: Thousands lobby MPs to demand climate action
10 Jul 2025
More than 5,000 people from across the UK arrived in Westminster on Wednesday to meet their MPs and demand urgent climate action to protect their communities.
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.
Germany's wind power expansion picks up, but targets still missed, says lobby
Today 11:00am
Germany's onshore wind power sector recorded its strongest half-year since 2017, but the expansion still falls short of the legally mandated targets, the BWE wind power lobby said on Tuesday.
Antarctica Scholarships 2025: Ocean detectives
Thu 17 Jul 2025
Media release – Antarctica New Zealand | Antarctica’s Southern Ocean is full of unanswered questions, and this year’s Antarctica New Zealand scholarship recipients are on a mission to help solve them.
Climate groups want UK wealth tax to make super-rich fund sustainable economy
Thu 17 Jul 2025
Growing number of campaigners urge government to ensure green investment is not done ‘on backs of the poor’.
Kiwi ‘smart panel’ startup aiming to reduce energy bills and emissions
4 Jul 2025
NZ start-up Basis this week launched an ‘intelligent’ panel to replace traditional electrical switchboards in homes, which it says can save the average home $1,200 NZD annually on bills and lead to lower 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.
Fast, sustained phase-out of fossil fuels: best-performing countries in coal and transport sectors
10 Jul 2025
By Robert McLachlan | It’s true that climate change is getting worse – it will continue to get worse until emissions fall to near zero. But is action on phasing out fossil fuels really stalling?
Can you trust climate information? How and why powerful players are misleading the public
11 Jul 2025
The climate crisis is more urgent than ever, so why is there a disconnect between stated policies and actual practices?
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.
