Topics tagged with 'NZ ETS'
Australian carbon market does a disappearing act
12 May 2009
The delay in the Australian Government's proposed emissions trading scheme had an immediate, but virtually unreported, effect on financial markets, says the Australian.
Chauvel: We'll help National fix the mess
12 May 2009
National needs to fix the mess that it has made of climate change policy and Labour is willing to help, Labour Climate Change spokesperson Charles Chauvel says.
Solid Energy pushes new 'tax and plant' emissions strategy
8 May 2009
State coal producer Solid Energy is pushing an alternative policy to the emissions trading scheme which will see the Government raise new taxes and regulations.
No takers for first NZUs offered on Trade Me
8 May 2009
The first auction of NZUs to be listed on the internet auction site Trade Me has closed without a sale.
Aussie officials to visit amid calls to end NZ policy 'chaos'
8 May 2009
Australian officials will brief New Zealand MPs about their new emissions trading plans next week.
Landfill operator wants ETS delay for waste
8 May 2009
Delaying the solid waste sector’s entry into the emissions trading scheme until 2018 and increasing the scope of the existing environmental standard for landfill gas is the way to reduce greenhouse gas emissions from New Zealand’s landfills, Envirowaste told the ETS review committee yesterday.
R&D vital to success of ETS, says Landcare
8 May 2009
Investment in research and development, particularly in New Zealand-specific climate change research, is pivotal to the success of an emissions trading scheme, Landcare Research has told the ETS review committee.
Carbon rules make it hard, says airline industry
8 May 2009
Carbon trading and increased regulation could hinder efforts to reduce aircraft greenhouse gas emissions through innovation and increased use of biofuels, airline industry leaders said this week.
We still want to harmonise, says Smith
5 May 2009
Talks on harmonising the New Zealand and Australian emissions trading schemes will continue, despite Australia’s decision to delay the start of its scheme.
Farming groups split on need for ETS
5 May 2009
Federated Farmers continued its call for the emissions trading scheme to be scrapped when it appeared before the emission trading scheme review committee yesterday - but not everyone in the agriculture sector agrees.
All eyes on first auction-site sale of NZUs
5 May 2009
The first auction of NZUs on internet auction site Trade Me closes on Thursday, with bids currently sitting at around $21 per tonne – well below the current price of secondary CERs of approximately $28 per tonne.
Solid Energy on trail of carbon accounting
5 May 2009
State-owned coal miner Solid Energy says it is well on the way to tracking carbon in its operations, but can’t say yet how the emissions trading scheme will affect the price of coal next year.
Ngai Tahu faces bill of millions in clawbacks
5 May 2009
Ngai Tahu has become an early example of the peril of ETS clawbacks, with tribal authorities indicating that it might have to pay anything between $40 million and $120 million in clawbacks, depending on the price of carbon at the time.
Rudd delays emissions trading till 2011
5 May 2009
Australian Prime Minister Kevin Rudd yesterday announced that his government would delay by one year the introduction of its emissions trading scheme.
ETS should be suspended, says coalition
5 May 2009
Greenhouse Policy Coalition executive director Catherine Beard, representing the energy-intensive sector on climate change issues, is calling on the select committee reviewing the emissions trading scheme to suspend the introduction of the industrial sector into the scheme until such time as the "flawed legislation has been properly reviewed and fixed".
Business leaders: emissions trading policy delays causing major investment blight
5 May 2009
Business leaders told the Parliamentary select committee reviewing the emissions trading scheme yesterday that indecision is stalling hundreds of millions in investments in sectors which will both benefit from or fear having a price of carbon.
Fonterra wants intensity approach to ETS
5 May 2009
Dairy production in New Zealand may be reduced by five per cent, costing the New Zealand economy $650 million annually and allowing other countries to fill the gap in global supply risking further global emissions growth, unless the existing Emissions Trading Scheme is altered, says Fonterra.
Gull wants fixed carbon price after ETS
1 May 2009
Independent oil company Gull has asked the emissions trading scheme review committee to set the price of carbon for at least the first 18 months after the liquid fuel sector enters the ETS.
Smith still quiet on Labour ETS offer
1 May 2009
The Government has not yet responded to Labour's offer to work with it on an emissions trading scheme.
ETS certainty vital, says wind energy chief
1 May 2009
Certainty over the emissions trading scheme is vital to encouraging investment in new wind-energy projects, says the Wind Energy Associaton.
Fifty years of work under threat, says Oxfam
1 May 2009
Climate change could reverse all the international development work of the past 50 years, the emissions trading scheme review committee heard yesterday.
Australian powerco in landmark carbon deal
1 May 2009
The owner of a coal power station yesterday began to deal with the major costs it will face under an emissions trading scheme by signing the first firm carbon trading deal between two Australian parties.
Minister delays release of ETS risk report
28 Apr 2009
A new report into the economic risks of the emissions trading scheme has not yet been made public amid concerns that it does not adequately cover the potential benefits.
Labour expects ETS answer this week
28 Apr 2009
The Labour Party expects a formal response from the Government this week on its offer to co-operate on an emissions trading scheme.
Forest focus wrong, institute tells ETS hearing
28 Apr 2009
New Zealand should focus on the role that forests play in mitigation of climate change - and not just on forestry emissions, says the Institute of Forestry.
ETS will close mills, warn wood processors
28 Apr 2009
The emissions trading scheme will force mill closures and have a catastrophic impact on rural communities, says the Wood Processors' Association.
Miliband calls for populist push in climate battle
28 Apr 2009
British Climate Change Secretary Ed Miliband says he is "fearful" that the world may miss the opportunity to halt global warming and is calling for a Make Poverty History-style popular movement to push for a breakthrough at this year's Copenhagen summit.
Genesis buying credits, but quiet on NZUs deal
24 Apr 2009
New Zealand’s largest thermal electricity generator has made forays into the carbon market – but won’t say if it was the purchaser involved in the first sale of New Zealand Units.
Forestry sector has date with ETS review
24 Apr 2009
Forestry sector submissions will be heard by the emissions trading scheme review committee on Monday.
Deforestation must stop, says power company
24 Apr 2009
One of New Zealand's largest power companies is urging the Government not to do anything to encourage further deforestation.
Forest industry fears carbon deficit blow-out
21 Apr 2009
Normal levels of forest harvesting could trigger a post-2018 carbon deficit blow-out unless action is taken soon, says an informed industry source.
Climate deal fraught with problems, says EU envoy
21 Apr 2009
An address by David Daly, the new head of the European Union delegation to Australia, to the recent Greenhouse 2009 conference in Western Australia is being carefully scrutinised by his counterparts throughout Oceania - especially in New Zealand.
Garnaut shock: Australia should drop ETS plan
17 Apr 2009
Australia's climate change adviser is suggesting that it might be best to dump the proposed emissions trading scheme and "have anotoher crack at it" later, the Australian Associated Press is reporting.
Forest owners in plea for more tree-planting
17 Apr 2009
The state of New Zealand’s net greenhouse gas emissions reinforces the need for the Government to do more to encourage new forest planting to avoid future problems, says the Forest Owners' Association.
Carbon trade to reach $670 billion in 2013, says report
17 Apr 2009
The global carbon market is forecast to grow 68 per cent a year up to 2013, according to business analysts SBI.
How New Zealand can learn from “Towards a Global Green recovery”
17 Apr 2009
The Council for Socially Responsible Investment endorses a recently released report prepared on behalf of the German Foreign Office for discussion at the G20 London Summit which highlights key measures in seven strategic areas that G20 members need to take to tackle the economic crisis and re-orient development towards sustainable, low-carbon growth.
Figures show why ETS should go ahead quickly
17 Apr 2009
The latest figures on New Zealand’s net position under the Kyoto Protocol shows why an emissions trading scheme is a good idea, says the Business Council for Sustainable Development.
Reality check time on emissions trading, says Federated Farmers
17 Apr 2009
This week's net position report on Kyoto Liabilities, which shows a possible surplus, represents an important reality check for New Zealand, says Federated Farmers.
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.
Climate risks could reshape business finances, new guidance warns
Today 11:00am
By Shannon Morris-Williams New guidance warns climate change is set to fundamentally reshape financial outcomes for businesses, including difficult-to-model climate “tipping points” – irreversible changes such as ice sheet collapse or ocean circulation shifts – which threaten severe and sudden financial impacts.
From war to weather: A ‘super El Niño’ event poses fresh risks to global food costs
Fri 10 Apr 2026
An unusually powerful El Niño later this year could exacerbate food security fears as disruption caused by the Iran war strains supply for crucial fertilier products.
$30m airline fund risks ‘burning public money’ without lasting benefit – expert
20 Mar 2026
By Shannon Morris-Williams | A $30 million government package to support regional air routes risks delivering poor value for money while increasing emissions, according to transport strategist Tim Adriaansen.
UK ‘green’ jet fuel imports linked to illegal Amazon deforestation
Tue 14 Apr 2026
A major supplier of ‘green’ airline fuel to the UK has sourced beef fat linked to illegal Amazon deforestation, court documents and shipping data show.
Environment ministry straining under pressure of reforms and potential disestablishment
Today 11:00am
The ministry responsible for New Zealand’s most significant resource management reform in a generation is doing so under institutional strain, compressed timeframes, and an uncertain future – including its own potential disestablishment.
New alliance wants renewable-led energy – and Govt to press pause on LNG
Thu 9 Apr 2026
A newly formed coalition of business, consumer and energy organisations has unveiled a renewable-led strategy it says will strengthen the country’s energy security, and it’s calling on the Government to pause its plan for an LNG import terminal.
Self-interest should drive investment in overseas climate action, says former climate commissioner
Mon 13 Apr 2026
By Liz Kivi | Wealthy countries – including New Zealand – aren’t doing nearly enough to fund climate mitigation in the developing world, with new research saying we need to "change the conversation" to spark action in this vital area.
Don’t mention the climate: Trump creates ‘beyond absurd’ situation at global finance talks
Today 11:00am
Governments desperate for cash to protect their citizens from the growing impacts of the climate crisis are being put in a “beyond absurd” situation this week at global finance talks: they are being urged not to mention the climate, even as they address the current oil crisis.
Carbon ‘stockpile’ up 9 million in March quarter
Fri 10 Apr 2026
By Liz Kivi | The ‘stockpile’ of pollution permits (NZUs) in private accounts has increased by just over 9 million to almost 145 million since the end of 2025, according to the latest figures from the Environmental Protection Authority.
Activist ends five-day tree-top protest at West Coast coal mine
Fri 10 Apr 2026
By Shannon Morris-Williams | A climate activist has ended a five-day tree-top occupation that blocked access to Bathurst Resources’ Cypress Mine on the West Coast, in a protest against plans to expand what could become New Zealand’s largest coal mine.
Supply-side pressures and political uncertainty ahead for carbon market
7 Apr 2026
By Kristen Green | ANALYSIS: With failed auctions, a surge of new forestry registrations, and an election a few months away, the NZ ETS in 2026 will be subject to a mix of supply-side pressures and political uncertainty.
Sustainable retail-office project breaks ground under new Green Star framework
19 Feb 2026
Construction is set to begin on a new retail-office development in central Auckland, which is targeting a 40% reduction in embodied carbon and 25% lower energy.
Opposition attacks Govt over fossil fuel phaseout backdown
2 Feb 2026
By Liz Kivi | Revelations that Resources Minister Shane Jones ruled out New Zealand signing up to a 'road map' away from fossil fuels at last year’s global climate summit show the National Party’s minor coalition partners’ undue influence over the Government, according to Labour leader Chris Hipkins.
LION commissions 3MW electric boiler at Speight’s brewery
Today 11:00am
Media release | LION has commissioned a 3MW electric boiler at Speight’s Brewery, marking the completion of a $7.2 million project that will significantly reduce carbon emissions and increase energy demand flexibility and security for central Dunedin.
Environmental groups call for ETS reform
20 Feb 2026
Several environmental organisations are calling on political parties to make climate and biodiversity central to the 2026 election campaign, with reforming the Emissions Trading Scheme seen as a key priority.
Climate change could sharply increase NZ landslide risk
Tue 14 Apr 2026
By Shannon Morris-Williams | Climate change could significantly increase the number and intensity of landslides in New Zealand, with new research showing a Cyclone Gabrielle-scale storm in a warmer world could trigger tens of thousands more slips across a wider area.
Transport dominates NZ’s rising consumer emissions
10 Dec 2025
By Shannon Morris-Williams | Transport pollution was the biggest contributor to an increase in New Zealand’s consumption-based emissions in 2023, with emissions from household travel up 12%, and consumption-based emissions totalling 58.3 million tonnes – up 1.6% from the previous year.
Economic contraction will impact carbon market
1 Apr 2026
By Liz Kivi | While higher fossil fuel prices strengthen the long-run economics of decarbonisation, the current fuel crisis won’t inspire near-term confidence in the carbon market, according to Lizzie Chambers of Carbon Match.
Media round-up
Fri 10 Apr 2026
In our round-up of climate coverage in local media: Past fuel price spikes failed to shift Kiwis out of their cars with signs suggesting it’s happening again, a 'she’ll be right' attitude is not enough in a climate crisis, and should forestry be listed as critical in the government's national fuel plan?
A matter of strategy
7 Apr 2026
COMMENT: Even on the brink of a global commodities crisis, the possibilities for climate action aren't hopelessly foreclosed. Strategy can turn our fortunes around, writes David Hall.
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.”
FMA to ease conditions for green bond issues
31 Mar 2026
By Pattrick Smellie | Green, social and sustainability-linked bonds will face lower disclosure requirements and regulatory costs under a class exemption newly granted by the Financial Markets Authority.
New protections for NZ migratory species under UN convention
2 Apr 2026
By Shannon Morris-Williams | New international protections for migratory species, including several found in New Zealand, are a positive step – but global protections won’t halt the decline of migratory species on their own, experts say.
Fonterra admits ‘100% grass-fed’ claim breached law in greenwashing row
2 Apr 2026
By Shannon Morris-Williams | Fonterra has admitted its “100% New Zealand grass-fed” claims on Anchor butter were misleading and breached the law, settling a case brought by Greenpeace Aotearoa over packaging used between December 2023 and April 2025.
Govt missing opportunity to slash electricity prices, says expert
11 Feb 2026
By Liz Kivi | The Government’s fixation on eliminating the "dry-year risk margin" as a lever to reduce costs misses a much bigger opportunity to lower electricity prices, according to Christina Hood, head of Compass Climate.
NZ prepares to join ‘gold rush’ for white hydrogen
25 Mar 2026
By Pattrick Smellie | New Zealand may be close to commercialising the capture and use of naturally occurring ‘white’ hydrogen, with investment plans for developments in the Wairarapa region picking up pace in response to spiralling oil prices.
Media round-up
20 Mar 2026
In our round-up of climate coverage in local media: Crown lawyers agree High Court could quash emissions plan if found unlawful; NZ is locked in 'disaster inertia'; and climate change is notably absent from new development laws.
Climate law change spanner in the works for Waitangi Tribunal Inquiry
19 Dec 2025
By Liz Kivi | The Government’s controversial changes to New Zealand’s legal framework for climate policy have thrown a spanner in the works for a long-running Waitangi Tribunal Inquiry into climate change.
Environmental groups launch legal action over Govt's 'tick-box approach' to conservation land
8 Apr 2026
By Liz Kivi | Forest & Bird and the Environmental Defence Society are taking the Government to court over decisions about the future of publicly-owned land on Te Tai Poutini/the West Coast.
Genesis fires up pellet study with Nature’s Flame
8 Apr 2026
By Pattrick Smellie | Genesis Energy is extending its quest for locally produced torrefied wood pellets to supplement coal and gas to fuel its Huntly power station, announcing it is investigating plant construction with established local solid fuels player Nature’s Flame.
Carbon News launches price index
24 Jun 2024
Today’s issue is the first to feature Carbon News’ own carbon price index for secondary market spot prices for NZUs on New Zealand’s compliance market.
Ocean protections clash with mining pressure in Indonesia’s most diverse marine ecosystem
Mon 13 Apr 2026
Long regarded as a global model for ocean conservation, Raja Ampat ecosystems are now under pressure, as concerns grow over the expansion of nickel mining alongside a surge of international tourism.
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.
Worst in a generation: Environmentalists slam fisheries reform bill
25 Mar 2026
Media release: Greenpeace | The Fisheries Amendment Bill, which will likely have its first reading in parliament this week, is being labelled the worst fisheries policy in a generation by environmental groups who are calling for it to be rejected to protect ocean health.
Renewable build-out runs into grid and firming limits
8 Apr 2026
New Zealand's electricity market entered 2026 with renewable generation at record levels and a substantial build pipeline finally moving from paper to construction. The harder question is whether the wider system can absorb and firm that capacity fast enough.
Lawyers complain to ombudsman over Govt failure to release LNG modelling
1 Apr 2026
By Liz Kivi | Lawyers for Climate Action has made a formal complaint to the Ombudsman over the Government’s failure to release information about its controversial decision to build a LNG import terminal.
Kiwis overly optimistic about state of environment
27 Feb 2026
By Shannon Morris-Williams | New research suggests many New Zealanders believe the environment is in better shape than it really is, with public perceptions often out of step with scientific evidence.
‘They pushed so many lies about recycling’: the fight to stop big oil pumping billions more into plastics
24 Feb 2026
Plastic production has doubled over the last 20 years – and will likely double again. For author Beth Gardiner, metal water bottles and canvas tote bags are not the solution. So what is?
Global uncertainty driving solar surge
Mon 13 Apr 2026
By Shannon Morris-Williams | Global instability and rising energy costs are pushing more New Zealanders towards solar, with companies reporting a surge in enquiries as households look for greater control and resilience in an increasingly uncertain energy landscape.
Activists occupy controversial gold drilling site
25 Mar 2026
By Max Frethey, Local Democracy Reporter | Opposition in Golden Bay to a controversial gold mine at Sams Creek has flared up over the weekend after several activists briefly occupied a drilling site.
China has a new competitor? Kazakhstan reveals huge rare Earth deposit that could power the next tech boom
25 Feb 2026
China’s grip on rare earths might finally see some competition, and the world is already taking notice.
Govt tweaks consenting rules for EV chargers
Fri 10 Apr 2026
By Shannon Morris-Williams | The Government has announced a national reset of planning rules for EV chargers, which it says aim to address infrastructure shortages which have put the brakes on electric vehicle uptake in New Zealand.
Sci-tech prioritisation report is a joke that could cost NZ dearly, says NZ Association of Scientists
2 Apr 2026
Media release: New Zealand Association of Scientists | The Prioritisation Report released yesterday by the Prime Minister’s Science Innovation and Technology Council makes a poor case for further cuts and changes to our research system.
Carbon trading schemes cut more emissions than carbon taxes, according to global study
20 Mar 2026
By Shannon Morris-Williams | Carbon trading schemes are more effective than carbon taxes at reducing emissions, cutting fossil fuel use, and accelerating the shift to renewable energy, a global study has found.
AI surge gives carbon capture a new push
Today 11:00am
Technology that captures carbon emissions from power plants may finally get a breakthrough as deep-pocketed tech companies try to meet climate goals while powering the AI race.
Pacific climate response in question as NZ finance remains unclear
19 Dec 2025
By Shannon Morris-Williams | With New Zealand's $1.3 billion international climate finance commitment set to end with no clarity on what follows, the Auditor-General says oversight of that funding remains patchy and long-term outcomes are unclear.
NZ’s latest push to roll out more EV chargers is a good thing – but can it go the distance?
Tue 14 Apr 2026
A $50 million plan to expand New Zealand’s public electric vehicle (EV) charging network marks another step toward a lower-emissions transport system.
Infrastructure plan calls for ‘predictable approach’ to electrifying economy
18 Feb 2026
Aotearoa’s first National Infrastructure Plan, introduced to Parliament yesterday, calls for "a predictable approach to electrifying the economy" as one of ten priorities for the next decade.
Dairy farmers' lack of climate action 'even bleaker' than water inaction – Upton
1 Apr 2026
By Shannon Morris-Williams | Government projections for cutting agricultural emissions are being undermined by low farmer uptake, with the Parliamentary Commissioner for the Environment warning the country is relying on “heroic” assumptions to meet its methane targets.
AI tool predicts wildfire danger faster than current systems
26 Mar 2026
Media release | A wildfire forecasting system powered by artificial intelligence could help detect dangerous fire conditions earlier and reduce the cost of wildfire response, according to new research from Te Whare Wānanga o Waitaha | University of Canterbury.
Fast-track approved project could deliver NZ’s largest wind farm
7 Apr 2026
Media release: New Zealand Government |Fast-track approval has been granted for New Zealand’s largest wind farm project.
