Topics tagged with 'NZ ETS'
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.
Foresters: We've had enough of uncertainty
10 Mar 2009
The forestry industry says the Government should ignore calls to abandon the emissions trading scheme in favour of alternatives such as Business NZ’s proposed low-level all-gases tax or levy on every unit of emissions.
Good week for the Roundtable
10 Mar 2009
COMMENT: The Business Roundtable will be pleased with the influence it is achieving through Nick Smith’s office.
Senate to examine Rudd's emissions scheme
10 Mar 2009
A Senate inquiry into the Australian government's proposed emissions trading scheme will go ahead, after the Greens and the Opposition agreed on its terms of reference.
Carbon trade wrong, says former BP chief
10 Mar 2009
Lord Browne, the former chief executive of BP and one of the earliest proponents of carbon trading to tackle climate change, has conceded his enthusiasm was misplaced.
Smith calls for new report on cost of ETS
6 Mar 2009
Two teams of economists with different opinions about the cost of the emissions trading scheme have been told to come up with a joint report for the ETS review.
Include biochar in ETS, urges top scientist
6 Mar 2009
World-renowned Australian scientist Professor Tim Flannery says that biochar technology – acknowledged as possibly our greatest chance of reducing atmospheric carbon – should be included in New Zealand’s emissions trading scheme.
Minister backs ETS review climate change stand
6 Mar 2009
The emissions trading scheme review is standing by its decision not to hear debate about the validity of climate change science - and has the backing of Climate Change Minister Nick Smith.
ETS delay hampers lake protection moves
6 Mar 2009
Delays in establishing a domestic carbon market are hampering the efforts of a trust set up to protect an iconic New Zealand natural landmark.
Credit freeze forces foresters to stall harvests
6 Mar 2009
A bank freeze on credit - especially on letters of credit - is prompting forestry owners to keep their trees in the ground because they cannot find the cash to export them.
Airlines could have planes seized under emissions rules
6 Mar 2009
Britain’s Environment Agency is to be given powers to seize planes from airlines which break the rules of a new scheme to limit flights' carbon emissions.
Prime Minister further undermining progress on climate change: Labour
6 Mar 2009
The withdrawal by Greenpeace on Wednewday from the ETS Review Select Committee, when it learned of John Key's latest position on climate change science, puts progress in this area at further risk, says Labour spokesperson for Climate Change Charles Chauvel.
Key Business NZ manager now minister's ETS kingpin
3 Mar 2009
Business New Zealand's energy, environment and infrastructure manager has a new job advising the government on climate change and emissions trading.
ETS submissions close, but numbers are secret
3 Mar 2009
Submisisons on the review of the emissions trading scheme have closed - but just how many there are is still under wraps.
'Alive and well' AAUs surviving money crisis
3 Mar 2009
The market for government-level emissions rights under the Kyoto Protocol is alive and well, mostly unfazed by the global economic downturn, according to Reuters.
Business group to push for interim green tax
27 Feb 2009
The prospect of delaying the emissions trading scheme and introducing a green tax as an interim measure is being raised by a major business group.
Confused foresters lament lack of Government direction
27 Feb 2009
New Zealand forest owners will soon be able to claim AAUs for carbon sequestered last year, but a lack of clarity over Government policy means the country unlikely to see a flurry of carbon-market activity.
Business NZ stance may not give Government support it needs on ETS
27 Feb 2009
ANALYSIS: Policies proposed in a draft Business New Zealand submission to the select committee reviewing the ETS, obtained by Carbon News, would aim to “remove the carbon risk for business”.
Roundtable lines up Lomborg for second tour
27 Feb 2009
The New Zealand Business Roundtable appears to be planning a reprise tour of New Zealand by influential climate change academic Bjorn Lomborg.
Carbon price floor not the way to go, say experts
27 Feb 2009
Falling carbon prices should not be supported through artificial price floors or direct government intervention, as this may deter new players and stunt the still-nascent market's growth, carbon market experts believe.
Obama's commitment to ETS a signal to NZ
27 Feb 2009
A renewed strong commitment to introduce emissions trading by US President Barrack Obama sends New Zealand a signal to get on with implementing its own ETS scheme and securing the country’s trade and tourism, says the New Zealand Business Council for Sustainable Development.
NZUs market needs more industries, say foresters
24 Feb 2009
The NZUs market will not operate efficiently until other industries enter the emissions trading scheme, a forestry company is telling the Government.
Aussies in dark on emissions effort, survey shows
24 Feb 2009
Most Australians have no idea how Prime Minister Kevin Rudd's emissions trading scheme will work, and do not realise individual efforts will make no difference to stopping climate change.
Federated Farmers: Fitzsimons' departure should lead to ETS rethink
24 Feb 2009
“With the news that Jeanette Fitzsimons is to resign as the Green Party’s Co-Leader, the Green Party now stands at a crossroads,” says Frank Brenmuhl, Federated Farmers climate change spokesperson.
Carter confirms ETS is the way to go
20 Feb 2009
Agriculture Minister David Carter says an emissions trading scheme remains the Government’s preferred option.
Rudd ditches inquiry and sticks with emissions plans
20 Feb 2009
Mounting criticism of Australia’s proposed carbon trading policy forced Prime Minister Kevin Rudd to end the confusion late yesterday by abandoning plans for a new inquiry and declaring the scheme would start as planned in mid-2010.
Clean energy at crossroads as firms cut plans and staff
17 Feb 2009
Green companies are in retreat, with a wave of staff layoffs and production cuts that could have dire consequences for government efforts to fight climate change by quickly bringing low-carbon power projects on stream.
Big emitters win more time to put ETS review case
13 Feb 2009
The closing date for submissions on the emissions trading scheme review has been extended because a group representing some of New Zealand’s largest companies realised it wasn’t going to be heard, Carbon News has learnt.
NZ could take lead on climate-saving biochar, says scientist
13 Feb 2009
New Zealand could be the first country in the world to set up a large-scale biochar plant – considered one of the few technologies that could substantially reduce atmospheric carbon, say British soil science experts.
ETS review beginning of the end, says Turnbull
13 Feb 2009
The Rudd Government’s decision to order a review of its emissions trading scheme is the first step to abandoning the plan, Australian Opposition leader Malcolm Turnbull says.
ASX to launch trading in thermal coal futures
13 Feb 2009
Australia's ASX , Asia-Pacific's second-largest listed stock exchange, plans to launch thermal coal futures contracts from April.
‘Enron risk’ high for carbon market, says report
10 Feb 2009
The rapidly growing industry to manage greenhouse gas emissions is suffering from a profound skills shortage, according to a global survey of those involved in the sector.
Australian executives ahead of pack on climate change
10 Feb 2009
MORE than 50 per cent of Australia's business chiefs believe they have not received adequate information about the impact of climate change on business.
Australian trader records biggest carbon sale
10 Feb 2009
Australia has recorded its largest carbon trade to date as trading in the over-the-counter carbon market gains momentum ahead of the introduction of a carbon pollution reduction scheme scheduled for mid-2010.
Event: The 2nd Annual Carbon Accounting and Reporting Masterclass
10 Feb 2009
Finding out what a carbon account actually looks like and positioning for the carbon climate we’re now in is important for any company or organisation, says Cawthron Insistute sustainable business analyst Ian Challenger.
Forest owners close to getting first NZUs
3 Feb 2009
New Zealand forest owners will receive their first NZUs next month.
BP accused of watering down EU green agenda
3 Feb 2009
Oil industry lobbying at the heart of the European Union has undermined efforts to tackle climate change, environmental groups are claiming.
Carbon trading may be new sub-prime, says energy boss
3 Feb 2009
The row over the working of the European Union’s emissions trading scheme has intensified with EDF Energy warning that speculators risked turning carbon into a new category of sub-prime investment.
Drop in consents builds case for housing and green-home fund
3 Feb 2009
A dramatic drop in building consents and fears about the long-term health of the building industry is more evidence that social housing and the Green Homes Fund have a critical role in the Government's stimulus plan, says Green Party co-leader Jeanette Fitzsimons.
Big UK polluters abusing EU carbon trading scheme
30 Jan 2009
Britain’s biggest polluting companies are abusing a European emissions trading scheme designed to tackle global warming by cashing in their carbon credits in order to bolster ailing balance sheets.
NZ could pay the price for Australian energy targets
27 Jan 2009
Australia’s mandatory renewable energy target of 20 per cent by 2020 could cost New Zealand investment dollars.
Rudd minister rubbishes Opposition’s ETS scheme
27 Jan 2009
Australian Climate Change Minister Penny Wong has scoffed at Opposition claims that the Rudd Government has done nothing on developing clean energy sources, insisting it has already allocated $1 billion for development of renewable technologies and clean coal.
Australia better investment bet than NZ, says Trustpower
23 Jan 2009
Confusion over New Zealand policies is making Australia a better place in which to invest in renewable energy projects, says Trustpower.
Mighty River chief takes on carbon management
23 Jan 2009
It might not seem like the natural time to leave an established career in general management and take up a role in a new carbon funds management company, but for New Zealand Carbon Funds Management managing director James Moulder the timing is perfect.
ETS review submissions start to flow
23 Jan 2009
Submissions on the review of the emissions trading scheme are starting to trickle in.
UK names date for second emissions trading auction
23 Jan 2009
The British Government intends to hold its second auction in Phase II of the European Union's Emissions Trading System on March 24.
Obama's green leadership challenges National, say Greens
23 Jan 2009
As the new US president promised again to champion the environment, Green Party co-Leader Dr. Russel Norman asked why New Zealand's government is headed in the opposite direction.
ETS puts NZ power users $360m behind Australia
20 Jan 2009
New Zealand electricity users are at a $360 million-a-year disadvantage when compared with our transtasman neighbours, thanks to the emissions trading scheme.
Cheaper carbon is the up-side of the downturn
20 Jan 2009
The cost of implementing an emissions trading scheme is falling with the recession, says a prominent business adviser.
Nats' ETS opinions don't worry me, says Hide
20 Jan 2009
Act Party leader Rodney Hide says that he is unconcerned by comments from United Future leader Peter Dunne and Energy Minister Gerry Brownlee that New Zealand’s emissions trading scheme is here to stay.
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.
