Topics tagged with 'NZ ETS'
Most Kiwis want climate deal at Copenhagen
14 Apr 2009
New Zealanders support signing up to a new international agreement requiring countries to limit greenhouse gas emissions beyond 2013, a new survey shows.
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.
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?
At least 30 killed and several missing as heavy rains and floods lash northern China
Today 11:45am
Thousands of people were evacuated as the region, including the capital Beijing, braced for more rainfall overnight.
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
Today 11:45am
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.
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.
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.
A third of ‘slum residents’ in global south are exposed to disastrous flood risks
Today 11:45am
One in three people in informal settlements in the global south live in floodplains and are at risk of a “disastrous flood”.
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.
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.
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.
SBTi releases Net Zero Standard for banks, investors
Thu 24 Jul 2025
The Science Based Targets initiative announced the release of its finalised Financial Institutions Net-Zero Standard, aimed at enabling banks and investors to set net zero-aligned targets for their lending, investing, insurance and capital markets activities.
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.
Taranaki mayors want hydrogen kick-start from Wellington
Mon 28 Jul 2025
By Craig Ashworth, Local Democracy Reporter Taranaki mayors want central government to partner up with their councils to kick-start a hydrogen industry. This despite ongoing questions about the gas’s effectiveness in reducing carbon emissions.
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.
All aboard for passenger rail in the golden triangle
Mon 28 Jul 2025
Media release – The Future Is Rail | New Zealand’s national passenger rail advocacy group, The Future is Rail, has announced its strong support for the Green Party’s proposal to establish a new passenger rail service connecting Auckland and Tauranga.
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
Thu 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.
As US climate data-gathering is gutted, Australian forecasting is now at real risk
Today 11:45am
As damage from climate change intensifies, political change overseas is threatening Australia’s ability to track what’s happening now, and predict what will happen next.
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.
China's carbon emissions may have peaked thanks to renewables push
Mon 28 Jul 2025
Climate experts say China's carbon emissions may have peaked, which could affect global climate targets, the fight against global warming – and the Australian coal industry.
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.
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.
