Topics tagged with 'NZ ETS'
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.
Obey the law, minister tells confused forest owners
20 Jan 2009
Forestry Minister David Carter has told forest owners concerned about the vailidy of the the emissions trading scheme that they should obey the law.
Defer the ETS to minimise job losses, says MEUG
20 Jan 2009
The pros and cons of deferring the Emissions Trading Scheme should be considered by the Prime Minister’s Summit on Employment next month,” says Ralph Matthes, executive director of the Major Electricity Users’ Group (MEUG).
No takers with emissions trading review a month away
16 Jan 2009
Submissions on the review of New Zealand emissions trading scheme close on February 13 - and so far none have been made.
Solid Energy: NZIER report all we funded
16 Jan 2009
Solid Energy says that the NZIER report on the implications of the emissions trading scheme is the only work it has funded on the issue.
World carbon market could be worth $150 billion this year
16 Jan 2009
Despite the slumping economy, the value of the worldwide carbon market soared 84 per cent in 2008 to reach $118 billion, and could reach $150 billion this year.
Emissions trading will increase Aussie grazing costs
16 Jan 2009
Emissions trading could increase the production costs for livestock by 18 per cent by 2030 if farmers have to offset methane emissions from their cattle and sheep, according to the Australian Bureau of Agricultural and Resource Economics (ABARE).
National will have to do better than announce old policy , says Anderton
16 Jan 2009
The National Party is to be congratulated for finally recognising the importance of climate change mitigation for farmers, but it’s a bit cheeky to act as if it has a new fund of money, Opposition agriculture spokesman Jim Anderton says.
Confused forest owners keep planting plans on hold
19 Dec 2008
The Government’s announcement that it will not now suspend the emissions trading scheme will not get forest owners planting again, they say.
ETS select committee opens for business
19 Dec 2008
Submissions on the review of the emissions trading scheme are now open.
No suspension of ETS - what the PM said
19 Dec 2008
On Wednesday, Prime Minister John Key told Parliament that the Government would not now suspend the emissions trading scheme.
Shipowners seek rewards for cutting emissions
19 Dec 2008
The New Zealand shipping industry wants rewards built into the emissions trading scheme for companies that cut greenhouse gas emissions from their fleets.
Season's greetings - and thanks from Carbon News
19 Dec 2008
Carbon News publishes 48 weeks of the year.
Japan’s voluntary emissions scheme attracts 500 firms
19 Dec 2008
More than 500 businesses have now joined Japan’s two-months-old voluntary emissions trading scheme, the government has announced.
The new slavery - some say it's time to face up to the curse of oil
19 Dec 2008
British Prime Minister Gordon Brown sees dependence on oil as the modern version of slavery.
PM indicates ETS law will not be suspended during review
18 Dec 2008
The Prime Minister has indicated the ETs law will not be suspended during the select committee review.
Aquaflow eyes world-first algae biofuel flight
16 Dec 2008
The world's first test-flight using Aquaflow's algae-based biofuel blend could be just months away - and it might be in New Zealand.
Dunne to bar time-wasters from ETS review hearings
16 Dec 2008
Groups wanting to relitigate the science of climate change or to grandstand on the issue are likely to find themselves shut out from appearing before the select committee reviewing the emissions trading scheme.
NZ should be backing geothermal brains, says expert
16 Dec 2008
The skills of New Zealand scientists and engineers in the area of geothermal energy could make a real difference to global climate change, says Sinclair Knight Merz (SKM) regional manager Michael Shirley.
Ministry extends time for carbon-reporting comments
16 Dec 2008
The deadline for commenting on rules governing the way in which New Zealand’s largest industrial emitters of greenhouse gases report their carbon levels has been extended.
Brownlee urgently wipes thermal ban and biofuel requirement
16 Dec 2008
Laws requiring oil companies to sell biofuel and banning the building of new non-baseload thermal power stations are expected to be gone by the end of the week.
National will have an ETS, says Brownlee
12 Dec 2008
National will bring in an emissions trading scheme, says Energy Minister Gerry Brownlee.
Critics slam NZ attitude at Poznan climate talks
12 Dec 2008
New Zealand is making a name for itself at the UN climate change summit in Poznan – for all the wrong reasons.
Bill to ban new coal mines fails at first reading
Fri 24 Oct 2025
By Shannon Morris-Williams | A bid to outlaw new coal mines was defeated at its first hurdle in Parliament this week, after a heated debate pitting climate imperatives against energy security and affordability.
Look out for these 8 big ag greenwashing terms at COP30
Tue 28 Oct 2025
Food and farming companies will claim agriculture is the solution to the climate crisis at the Brazil summit — even though food drives a third of global warming.
NZ’s government wants tourism to drive economic growth – but how will it deal with aviation emissions?
22 Oct 2025
By Robert McLachlan, Te Kunenga ki Pūrehuroa – Massey University | Following a brief dip during the COVID pandemic, aviation is back in a growth phase.
Air NZ inks deal for its first internationally verified carbon credits
9 Oct 2025
By Liz Kivi | Air New Zealand has committed to buying 8000 tonnes of carbon removals by 2030, in partnership with local native forest investment platform My Native Forest.
Celebrities slam mining plans
Tue 28 Oct 2025
Actor Sam Neill has slammed plans for a gold mine in Otago, while Denniston Rose author Jenny Pattrick is backing a petition that would stop a coalmine on the West Coast.
Govt launches strategy backing wood-based heat sector
Thu 23 Oct 2025
By Pattrick Smellie | Forestry biomass could replace as much as 40% of fossil fuel-generated process heat by 2050, but access to supply, regulatory settings and business cases for converting to wood-based heat sources are required, the Government says in a series of documents released yesterday.
‘Plain old dull’: NZU market continues to limp sideways
Fri 24 Oct 2025
By Liz Kivi | The NZU market has been “plain old dull” in recent months, with activity driven mainly by credit opportunities or a specific need to raise cash, according to Lizzie Chambers of trading platform Carbon Match.
EU leaders set conditions for new climate goal
Tue 28 Oct 2025
The EU is trying to pass a new target to cut net greenhouse gas emissions 90% by 2040 to put the bloc on track for net-zero emissions by 2050.
Broker predicts all this year’s carbon auctions will fail
10 Oct 2025
By Liz Kivi | Marex New Zealand is forecasting that the government will sell no ‘pollution permits’ at the NZU auctions this year, with a significant gap continuing between secondary market prices and this year’s $68 auction floor price.
Genesis doubles down on Huntly as renewables ramp up
Fri 24 Oct 2025
Genesis Energy is doubling down on Huntly’s role as New Zealand’s energy backstop while accelerating one of the country’s largest pipelines of new renewable generation.
The merchants of doubt are back
3 Sep 2025
OPINION: If you don’t follow climate policy closely, you might not know that the Trump administration is launching an effort to overturn one of the most fundamental pillars of American climate policy.
Milestone for NZ Steel electrification
10 Sep 2025
By Pattrick Smellie | NZ Steel has passed an installation milestone for its new electric arc furnace, which will reduce emissions from the Glenbrook steel mill site by as much as one megatonne (1Mt) a year.
Carbon Finance Program upscales efforts to close climate investment gap in climate vulnerable nations
22 Oct 2025
Media release | The Climate Vulnerable Forum and its V20 Finance Ministers (CVF-V20) will work with the Voluntary Carbon Markets Integrity Initiative (VCMI) to upscale the Carbon Finance Program in reach and impact, supporting more climate-vulnerable countries to host high-integrity carbon projects that yield tangible climate, nature, and sustainable development benefits.
All carrot, no stick for farmers on methane
17 Oct 2025
By Pattrick Smellie | COMMENT: The abandonment of methane emissions pricing and the adoption of a weaker target is effectively the last nail in the coffin of the historic cross-parliamentary consensus embedded in the Zero Carbon Act 2019.
From nuisance to crisis: New report on pest wasps In Aotearoa
24 Sep 2025
Media release: Moths and Butterflies NZ Trust | Just published is the Final Report of the Pest Wasps Survey carried out by the Moths and Butterflies of NZ Trust (MBNZT) offering a comprehensive look at New Zealanders’ awareness, experiences, and attitudes toward wasps and the growing ecological, health, and social issues associated with them.
Philippines storm victims to seek damages from Shell in “unprecedented” climate claim
Tue 28 Oct 2025
The case is the first civil claim to directly link an oil firm’s climate impact to deaths and personal injury in the Global South, its backers say.
NZ marine heatwaves could double in intensity under high-emissions pathway
16 Oct 2025
By Shannon Morris-Williams | New projections show marine heatwaves will grow more intense around the North Island and more frequent around the South Island as the climate warms – raising risks for fisheries, aquaculture, coastal ecosystems and tourism.
UN report: Five charts showing how global deforestation is declining
Tue 28 Oct 2025
The amount of forest lost around the world has reduced by millions of hectares each year in recent decades, but countries are still off track to meet “important” deforestation targets.
Oil firm TotalEnergies made misleading green statements, court rules
Tue 28 Oct 2025
A French oil company engaged in “misleading commercial practices” about the scope of its environmental commitments, a court has ruled.
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.”
Super Fund smashes decarbonisation goals
Thu 23 Oct 2025
By Pattrick Smellie | The New Zealand Superannuation Fund continues to blow through its self-imposed targets for decarbonising its investment portfolio, increasing its exposure to fast-growing green technology opportunities in the process, according to its 2025 climate statement.
No major banks have yet committed to stop funding new oil, gas and coal, research finds
Fri 24 Oct 2025
‘The objectives of the Paris agreement are slipping further out of reach,’ say researchers.
Is greenhushing the new greenwashing? Or something else entirely
Fri 24 Oct 2025
Companies used to be accused of faking sustainability via greenwashing. Now some are hiding actual climate progress.
Coal imports up 650%
12 Sep 2025
By Shannon Morris-Williams and Liz Kivi | Coal imports are up 650% as generators stockpile the most polluting fossil fuel ahead of next winter.
Hiringa eyes green methanol plant near Whanganui
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.
On Louisiana’s Gulf Coast, residents fume as insurers hike rates and invest in fossil fuel projects
22 Oct 2025
Locals face a perfect storm — they can’t afford insurance and climate change threatens their livelihood.
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.
Media round-up
Fri 24 Oct 2025
In our round-up of climate coverage in local media: The Government planned to gut New Zealand's world-leading climate disclosure law - even as it bragged about it on the world stage; a new Indigenous climate adaptation network launches; and Climate Change Minister Simon Watts admits that the new methane target might breach the global 1.5C goal.
Nelson commuters urged to ditch car once a week
22 Oct 2025
By Max Frethey, Local Democracy Reporter | Nelson has a bold carbon emission reduction target and residents are being encouraged to leave the car at home one day a week to help meet it.
US, Australia to invest $2 billion in critical minerals, advance Alcoa gallium project
Thu 23 Oct 2025
The United States and Australia extended financial support to several Australian companies as part of a wide-ranging critical minerals agreement aimed at countering China's hold over the industry.
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.
Climate impacts hit NZ with increasing wild weather
Thu 23 Oct 2025
By Liz Kivi | New Zealand is facing a triple whammy of climate impacts today, with severe winds and rainfall predicted for much of the country while some areas are still dealing with wildfires ignited earlier in the week.
‘Weird and sad’ – Tuvalu Climate Minister condemns NZ halving methane target
15 Oct 2025
By Liz Kivi | Dr Maina Talia, Tuvalu’s Minister for Home Affairs, Climate Change, and Environment, says he’s surprised at New Zealand’s decision to weaken its target for reducing methane emissions – and is planning to take up the issue with his counterpart Climate Minister Simon Watts this week.
Lobby group launches ‘blueprint’ for ocean management reform
18 Sep 2025
The Environmental Defence Society yesterday released its plan to tackle widespread ecological decline in our oceans.
Climate reporting rollback raises risk of 'flying blind', experts warn
Tue 28 Oct 2025
By Shannon Morris-Williams | Government plans to drastically narrow mandatory climate disclosures may reduce compliance costs in the short term – but critics say it will leave New Zealand with major blind spots in tracking climate risk.
Judge dismisses suit by young climate activists against Trump’s pro-fossil fuel policies
17 Oct 2025
Plaintiffs had ‘overwhelming evidence’ of climate crisis but a court injunction would be ‘unworkable’, ruling says.
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.
Difficult trade-offs ahead for climate adaptation
17 Oct 2025
By Shannon Morris-Williams | While climate impacts are already here, bringing the urgent need to accelerate effective adaptation now, the Government's newly minted adaptation framework still leaves important questions unanswered about who will pay.
Solar households to get little-noticed tax break
23 Sep 2025
A provision in the government’s latest tax bill would exempt households from paying tax on income they earn by selling excess electricity back to the grid.
Climate scientists and republican lawyers are taking aim at Big Tech’s emissions
17 Oct 2025
Technology companies have long been one of the biggest investors in clean energy, but new accounting rules could upend that.
Last minute change to oil and gas legislation over cleanup costs
31 Jul 2025
By Liz Kivi | The government is expected to repeal the oil and gas ban today, with a last-minute amendment handing discretionary power to two ministers over the controversial issue of decommissioning.
NZ abstains from vote on global shipping carbon tax
22 Oct 2025
By Shannon Morris-Williams | The Government says it held back from endorsing the International Maritime Organization’s Net-Zero Framework over fears the plan could raise costs for exporters and importers.
Fix it, don't ditch it: University of Auckland hosts first Repair Cafe
9 Oct 2025
Media release - Auckland University | The University's first-ever Repair Cafe is bringing students and staff together to give broken items a new lease on life, while promoting a culture of repair and reuse.
Council buys dairy farm to help clean up Lake Rotorua
21 Oct 2025
Bay of Plenty Regional Council has bought a 266-hectare dairy farm in the Lake Rotorua catchment and plans to retire it from production to reduce nitrogen entering the lake.
Adaptation plan at odds with public sentiment: survey
21 Oct 2025
By Liz Kivi | The Government’s position on climate adaptation buyouts shows a disconnect with public opinion, according to survey findings from insurer Suncorp NZ.
‘Damp squib’ – Govt energy plan slammed for locking in fossil fuels
2 Oct 2025
By Shannon Morris-Williams | Critics across business, climate groups and the opposition say the Government’s electricity reforms duck structural change, double down on LNG and gas, and offer little relief for soaring power prices – warning of an “expensive white elephant", deeper energy poverty and a missed chance to scale renewables.
