Topics tagged with 'NZ ETS'
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.
European investors call for carbon trading revamp
22 May 2009
As fresh details emerge confirming that US legislators plan to water down proposed cap-and-trade legislation, a group of European investors have called on world leaders to move in the opposite direction and undertake urgent reforms designed to tighten up emerging carbon markets.
Analysts see carbon windfall profits for EU industry
22 May 2009
European Union moves to exempt industries such as steel, refining and cement from the cost of buying carbon permits risk handing them windfall profits and could blunt EU green investment, analysts say.
Suspending ETS punishes forestry, says grower
19 May 2009
Suspending the emissions trading scheme would mean the forestry sector isn’t rewarded for the work it is doing on climate change, says Forest Enterprises’ managing director Steve Wilton.
Turnbull puts biochar at centre of emissions deal
19 May 2009
Australian Opposition leader Malcolm Turnbull has confirmed that incentives to encourage the use of biochar in the fight against climate change will be central to his negotiations with the Rudd Government over its emissions trading scheme.
GREENS 3: Business leaders welcome package
15 May 2009
The Green Party’s Green Stimulus Package is being welcomed by business and union leaders.
ETS reviewers eye June date for report
15 May 2009
The emissions trading scheme review committee could report back to Parliament by the end of next month.
Analysis: Solid Energy reveals its hand
15 May 2009
Solid Energy’s decision to close its Terrace underground mine at Reefton by mid-year points up the way in which the State-owned enterprise intends to focus on the low-hanging fruit of the coal extraction business while diversifying into non-fossil energy generation.
Forum voices opposition to ETS
15 May 2009
The Sustainable Energy Forum is being seen as a surprise opponent of the emissions trading scheme.
No special deals for NZ, Australian climate officials say
12 May 2009
Australian officials warned the emissions trading scheme review committee yesterday that were no special deals for New Zealand if it sought to align itself with the Australian carbon pollution reduction scheme.
Coal’s idea for tiny tax and trees given solid debunking
12 May 2009
Business leaders have debunked Solid Energy’s proposal for a small new carbon tax.
Air NZ wants carbon price cap in ETS
12 May 2009
Air New Zealand wants the emissions trading scheme review committee to consider including a price cap for carbon liability.
Emissions trading wrong route, say AA members
12 May 2009
Automobile Association members oppose the emissions trading scheme.
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.
Government needs to 'sort out' flood damage exclusion from natural hazard insurance
Today 10:45am
By Oli Lewis | Natural hazard insurance should be extended to cover household damage caused by flooding, a geotechnical and natural hazard specialist says.
Govt opens first ETS forestry permit ballot
Mon 22 Jun 2026
Applications have opened for the first ballot under new ETS forestry rules, with up to 7,500 hectares of exotic forestry on marginal land on offer for landowners to register in the Emissions Trading Scheme in the first of two annual rounds, totalling up to 15,000ha a year.
$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.
Airline CEOs warn EU plan to expand carbon costs will raise fares
10 Jun 2026
Europe's biggest airlines have urged the European Union not to extend its Emissions Trading System to cover international flights, warning the move would raise ticket prices, a letter seen by Reuters showed.
Green Party pledges to protect public conservation land
Today 10:45am
The Green Party is promising to scrap the Government's current conservation reforms and start again with a process focused on protecting conservation land and wildlife for future generations, if elected.
'Stored solar': Bioenergy Association touts cost benefits of biomass boilers over gas
Wed 24 Jun 2026
By Oli Lewis | Businesses across New Zealand are warming to bioenergy, but advocates believe woody biomass could play a far greater role as a replacement for more expensive natural gas and electric heat options.
Scrutiny week reveals unresolved trade-offs
Wed 24 Jun 2026
Last week's select committee scrutiny hearings showed how far the Government's energy and environment agenda has moved from target-setting to implementation. They also showed how many unresolved trade-offs now sit beneath that shift.
France records hottest day ever as 40 people drown across country
Today 10:45am
France has registered its hottest day on record as 40 people across the country were confirmed to have drowned while swimming in unsupervised areas over the last few days.
Carbon auction failures show ETS working, Watts says
Tue 23 Jun 2026
Failed government carbon auctions show the emissions trading scheme is working as intended rather than broken, Climate Change Minister Simon Watts says.
China's coal power on the rise again in 2026, reversing first-in-a-decade decline
Today 10:45am
China's coal-fired power generation is set to rebound this year from its first fall in a decade, analysts said, due to the impact of El Nino and the Iran war and as renewable sources of energy have failed to keep pace with demand.
Looking behind the headline costs of offshore mitigation
18 Jun 2026
COMMENT: A closer look at Treasury’s analysis reveals assumptions that undervalue the case for using offshore mitigation as part of Aotearoa New Zealand’s global climate contribution, writes Catherine Leining.
Green building council calls for clean energy policies
18 May 2026
The New Zealand Green Building Council has released its 2026 election manifesto calling for policies to reduce energy waste in buildings, lower household and business energy costs, and improve New Zealand’s energy security.
What Magyar’s defeat of Orbán in Hungary means for climate and energy
21 Apr 2026
Hungary has played a disproportionate role in EU climate and energy policy in recent years, by repeatedly vetoing climate action and by delaying the phaseout of Russian fossil-fuel imports.
Forestry at heart of ETS problems – commissioner
Wed 24 Jun 2026
By Shannon Morris-Williams | Forestry is a central driver of growing problems within New Zealand's Emissions Trading Scheme, Parliamentary Commissioner for the Environment Simon Upton told the Environment Select Committee during Parliamentary Scrutiny Week.
National promises low-cost solar loans for households
Today 10:45am
By Oli Lewis | The National Party is promising a Home Energy Fund to accelerate the roll-out of household solar, batteries, insulation and other energy resilience measures if it is re-elected this year.
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.
We recreated the legendary heatwave summer of 1976 in today’s climate – here’s what we found
Today 10:45am
The summer of 1976 was an extraordinary heatwave for its time. With 15 consecutive days of temperatures over 32°C, it was an unprecedented length for a UK heatwave, coming at the end of a year-long drought.
High Court hearing highlights the 'shrinking pool' for fisheries research and science
Mon 22 Jun 2026
Media release: Environmental Law Initiative | At the close of a four-day High Court hearing challenging the government’s under-levying of the fishing industry, the Environmental Law Initiative (ELI) says more science, research and observer coverage is needed to protect marine wildlife and ecosystems from the impacts of fishing.
Burning forest ‘waste’ to make cement damages the climate
Wed 24 Jun 2026
The Australian government has agreed to invest almost $53 million in a north Tasmanian company that will upgrade its coal-fired kiln to burn wood “waste” and used tyres for cement manufacturing.
UN chief says fossil fuel industry must cut methane for warming “relief”
Today 10:45am
UN chief António Guterres called for stronger action to cut emissions of planet-heating methane, taking aim at the fossil fuel industry’s practices and profits, and pointing to coal, oil and gas as the root of today’s climate and energy crises.
Gas transition loan scheme nears launch as savings modelled
Tue 23 Jun 2026
By Oli Lewis | Commercial gas users could potentially save thousands of dollars a year by using Crown-backed loans to fund fuel-switching and energy efficiency projects, new modelling indicates.
Cabinet green-lights $55M super-critical geothermal drilling programme
9 Jun 2026
By Pattrick Smellie | Cabinet has agreed to release the $55 million unspent of the $60m secured by Resources Minister Shane Jones to drill up to 5 kilometres deep into super-critical geothermal heat under the Taupō volcanic zone.
NZ Taxonomy project scoops London Climate Week award
Wed 24 Jun 2026
The New Zealand Taxonomy project has scooped an innovation award at the International Climate Bonds awards in London this week.
Carbon capture and the need for ‘net zero oil’
16 Jun 2026
By Pattrick Smellie | The answer to making carbon capture and storage work is to make fossil fuel producers responsible for making it happen rather than consumers, says Oxford University climate change policy expert, Professor Myles Allen.
Govt climate claims don't match reality, lawyers say
17 Jun 2026
By Shannon Morris-Williams | Lawyers for Climate Action has accused the Government of presenting an overly positive picture of New Zealand's climate progress at the United Nations climate summit in Bonn, arguing key claims on emissions reductions and support for the Paris Agreement's 1.5°C goal are not reflected in domestic policy.
Importing LNG would raise costs and emissions: it’s a terrible decision for New Zealand
9 Jun 2026
COMMENT: Today’s announcement from the Government is political smoke and mirrors, with electricity users’ wallets still set to bear the brunt of the proposed LNG facility, writes Christina Hood.
Ballance secures gas for 2026 as it progresses energy transition plan
16 Jun 2026
By Oli Lewis | One of the largest industrial gas users in New Zealand is working on an energy transition plan to futureproof domestic fertiliser manufacturing, while continuing to secure ongoing gas supply contracts.
$75k up for grabs for climate resilience and inclusion projects
Today 10:45am
Community organisations and charities working to strengthen climate resilience and social inclusion can apply for a share of $75,000 through the QBE Foundation's 2026 Local Grants.
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.
Verra reinstates Kenya carbon project despite ongoing court case
Today 10:45am
The Northern Kenya Grassland Carbon project is “the world’s largest soil carbon removal project” according the organisation running the project. It is also one of the most controversial carbon projects anywhere in the world.
Canadian firm seeks Crown co-investment for Genesis-supported gas storage project
Fri 19 Jun 2026
By Oli Lewis | A proposed gas storage project supported by Genesis Energy has sought Crown co-investment through the $200 million Gas Security Fund.
Lessons from Australia: Climate Change Authority chair cites rapid roll-out of household solar, batteries
Fri 19 Jun 2026
By Oli Lewis | Australia is rapidly outpacing New Zealand when it comes to new household solar and battery systems, lowering electricity costs and driving down the carbon intensity of installed generation.
Climate risks could reshape business finances, new guidance warns
15 Apr 2026
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.
Climate change minister tight-lipped on ACT climate policy
16 Jun 2026
By Liz Kivi | Climate Change Minister Simon Watts is keeping his cards close to his chest about the ACT Party’s election campaign pledge last week that it would resubmit New Zealand’s Paris Agreement target.
US defence spending on critical minerals surges in the last decade
Mon 22 Jun 2026
Members of communities affected by some of these projects said that U.S. state backing has meant projects are being fast-tracked without the necessary social and environmental checks or meaningful consultation.
Mombasa ocean summit drives progress on marine protection, but threats persist
Tue 23 Jun 2026
At the 11th Our Ocean conference in Kenya, its founder John Kerry says the ocean must become central to climate solutions and needs to be looked after.
Hipkins pans LNG plan as ‘massive step backwards’
19 May 2026
By Liz Kivi | Labour leader Chris Hipkins has told a Queenstown audience that a Government he leads would not proceed with a planned LNG import terminal, if elected at November’s election.
UN’s first Paris Agreement carbon credits face human rights and climate concerns
17 Jun 2026
Civil society groups allege the cookstove project in Myanmar exaggerated its climate impact while maintaining ties with military junta.
A real ‘intergenerational equity’ budget would address Australia’s unceasing environmental decline
15 May 2026
Labor has unveiled a budget designed to tackle intergenerational equity in Australia through bold tax reform.
Six NZ climate solutions up for 2026 Earthshot prize
21 May 2026
By Shannon Morris-Williams | Six New Zealand climate and sustainability initiatives have been nominated for the 2026 Earthshot Prize, with the shortlist showcasing Kiwi-led solutions tackling emissions, plastic waste and ocean restoration.
Energy resilience conference axed due to Ara Ake closure
Today 10:45am
By Shannon Morris-Williams | A national conference focused on energy affordability, resilience and hardship has been cancelled because of the Government's decision to end Crown funding for energy innovation centre Ara Ake.
Northern Thai residents march for action on polluted rivers. ‘This is an emergency’
9 Jun 2026
More than 600 residents of Chiang Mai and Chiang Rai provinces embarked May 31 on a roughly 68-kilometer, six-day ‘peace walk’ to demand the Thai government take action on the river pollution crisis that has seen Thai rivers polluted with heavy metals.
Why China's critical minerals strategy leaves the US behind
8 Jun 2026
The United States cannot realistically recreate that dominance overnight even if the political will existed.
Sustainable finance taxonomy for energy sector – consultation
8 Jun 2026
The Centre for Sustainable Finance is consulting on the sustainable finance taxonomy’s draft energy sector criteria.
Ukraine hopes renewables can Russia-proof power grid
Fri 19 Jun 2026
Quick to build and able to power a small city, the Oriv wind farm in western Ukraine is exactly the kind of project Kyiv hopes will backstop its power grid against routine Russian strikes.
‘Landmark’ conservation reform bill – boost or bust for nature?
8 May 2026
By Liz Kivi | The Government has announced an overhaul of the country’s conservation system, which environmental organisation Forest & Bird says will undo the work of many generations of Kiwis to protect public conservation land.
The merchants of doubt are coming for extreme event attribution science
18 Jun 2026
Andrew Dessler: Fossil-fuel companies are acutely aware that this research could land them in court. And losing those cases would leave them legally liable for billions of dollars in climate damages.
Calder Stewart to invest $110m for solar across industrial portfolio
Tue 23 Jun 2026
Media release | NZ’s largest industrial landowner is preparing one of the country’s most significant industrial rooftop solar rollouts, with Calder Stewart set to invest more than $110 million in solar panels and battery storage across its property portfolio.
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.
Lack of finance stalling sustainable innovation – report
12 Jun 2026
By Shannon Morris-Williams | A lack of access to suitable finance is threatening growth in New Zealand's sustainable innovation sector, despite strong confidence and ambitious expansion plans among purpose-driven businesses, according to a new report.
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.
Media round-up
Fri 19 Jun 2026
In our round-up of climate coverage in local media: The Government is set to quietly scrap a looming ban on coal boilers; some South Dunedin homes may be relocated as climate risks increase; and more details emerge about the handling of documents linked to the undisclosed climate case briefing.
‘Those blocking climate science are not our friends': Pacific leaders warn at Bonn talks
Tue 23 Jun 2026
Pacific nations and civil society groups have united at UN climate talks, pushing back against efforts to weaken agreed language on global temperature limits as negotiations continue behind closed doors.
New refrigerant scheme targets potent greenhouse gases
18 Jun 2026
By Shannon Morris-Williams | New Zealand is set to introduce its second regulated product stewardship scheme under the Waste Minimisation Act, targeting synthetic refrigerants that account for around 2% of the country's greenhouse gas emissions.
Waikato Council advances water security action plan
Tue 23 Jun 2026
Waikato Regional Council has endorsed a new action plan to strengthen the region’s water security.
Increase in wildfire-driven ozone linked to premature deaths across the U.S.
10 Jun 2026
Smog linked to wildfires is getting worse across much of the U.S., playing a role in more than 300 additional premature deaths every year since 2013, researchers say.
New Zealand faces $26b energy infrastructure challenge, report warns
15 Jun 2026
By Shannon Morris-Williams | New Zealand will need an additional $26 billion of investment in energy infrastructure over the next 30 years to meet its decarbonisation goals, with a new report warning that policy certainty is critical to unlocking the renewable generation needed to power a low-carbon economy.
