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.