Topics tagged with 'NZ ETS'
British MPs pass landmark climate change bill
21 Nov 2008
MPs have given final approval to a bill committing Britain to cut greenhouse gas emissions by 80 per cent by 2050 - the first country to have such a legally binding framework on climate change.
National already breaking promises on climate change, says Labour
21 Nov 2008
National leader John Key's U-turn on the Emissions Trading Scheme is his first broken promise, says the outgoing Minister for Climate Change Issues, David Parker.
Business council not surprised by ETS review
21 Nov 2008
Business leaders not surprised by emissions trading review, but concerned about suspending the act, says the Business Council for Sustainable Development.
EXCLUSIVE: Carbon market leader shelves NZ plans
18 Nov 2008
One of the biggest players in the world carbon market has put plans to set up in New Zealand on hold in the wake of the new government’s decision to review the emissions trading scheme.
NZUs 'dead' as carbon market struggles with confusion
18 Nov 2008
Sales of NZUs are effectively dead as carbon markets struggle to understand the implications of the new government's moves on the ETS.
ETS delay deal scuppers forestry project worth millions
18 Nov 2008
A $125 million forestry project has been scrapped and scores of forestry jobs lost as a result of a deal between the Act and the new National government to review the emissions trading scheme.
Worried investors back off renewables sector decisions
18 Nov 2008
Investment decisions in the renewable energy sector are hanging in the balance because of uncertainty over the future of the emissions trading scheme.
Nats' ETS position changes from promise to preference
18 Nov 2008
The National Party has changed its pre-election promise to have an emissions trading scheme up and running by January 1, 2010 to a “preference”.
Big Three power companies silent on changes
18 Nov 2008
Most power companies are remaining tight-lipped in the wake of news that the National-led government will scrap the ban on new non-essential fossil-fuelled power stations and will review the emissions trading scheme.
Review of climate change law applauded
18 Nov 2008
Business welcomes the National government’s rapid move to reviewing the emissions trading scheme as they promised, the Employers and Manufacturers’ Association (Northern) says.
National reneges on climate change commitments
18 Nov 2008
The Environmental Defence Society has expressed “profound dismay and disappointment” at National’s confidence and supply agreement with ACT.
Fundamental change towards government spending
18 Nov 2008
Decisions made by the incoming Government signal a fundamental change in attitude to government spending, says Business NZ.
ETS uncertainty worries geothermal developers
14 Nov 2008
Uncertainty over the future of the emissions trading scheme and the thermal generation moratorium is casting doubt over the development of new geothermal projects in the Bay of Plenty.
Time to be climate-positive, NZ businesses told
14 Nov 2008
New Zealand businesses should be embracing a climate-positive future instead of seeing climate change legislation as something from which they need protecting.
FORUM: O'Reilly on leadership group
14 Nov 2008
Your November 11 article O’Reilly questions future of leadership forum could be interpreted as criticism of the individuals on the Leadership Forum on Climate Change.
Hide stands firm: ETS should be scrapped
11 Nov 2008
The future of the emissions trading scheme is back on the table today as National and Act continue negotiations to form a government.
Ditch ETS and we're in big trouble, say business bosses
11 Nov 2008
Business leaders are warning against scrapping the emissions trading scheme, saying New Zealand risks international trade sanctions and missing out on business opportunities.
Time for another look at carbon tax, say farmers
11 Nov 2008
Federated Farmers wants the carbon tax revisited.
O'Reilly questions future of leadership forum
11 Nov 2008
Business New Zealand chief Phil O’Reilly is questioning the future role of the Leadership Forum on Climate Change in overhauling the emissions trading scheme, saying that it is highly politicised.
Rudd under pressure to water down emissions scheme
11 Nov 2008
Australian Prime Minister Kevin Rudd is under pressure to water down his government’s plans to tackle climate change as the global financial crisis threatens jobs and economic growth, experts say.
Labour eyes nation-wide electric-car charging network
7 Nov 2008
The Labour Party has announced an election-eve plan for a nationwide infrastructure to recharge electric cars, saying New Zealand could be the first country in the world to get such a network in place.
Nat's bedfellows happy to cuddle up with energy policy
7 Nov 2008
National’s energy policy sits well with two of its three likely coalition partners.
Fisheries TAG in the wings as others wind down
7 Nov 2008
A fisheries ETS technical advisory group is due to be set up next year, but most other advisory groups are winding up.
Concrete makers fear dose of the 'coal syndrome'
7 Nov 2008
The Cement and Concrete Association is sustaining its charm offensive for fear of catching the "coal syndrome" - in which a product becomes so politically negative that it's shipped out of the country to be used elsewhere.
New EU states team up against parts of climate plan
7 Nov 2008
Seven eastern members of the European Union have upheld a joint stand against parts of the bloc's climate package which they fear could harm their economies.
Parker jobs claim wrong, says coalition
7 Nov 2008
Climate Change Minister David Parker’s claims that the current emissions trading scheme will not only be good for the environment, but will increase jobs during the predicted slump, are completely at odds with the views of our leading economists, says the Greenhouse Policy Coalition.
Key ETS agriculture decisions out this month
4 Nov 2008
Officials’ recommendations on how the emissions trading scheme should be applied to the agricultural sector – including the controversial point-of-obligation – will be released at the end of this month.
Agriculture and emissions trading don’t mix, says report
4 Nov 2008
Imposing emissions trading on to agriculture is like trying to fit a saddle on a cow, the Australian Government has been told in a report released yesterday.
Rudd government to go easy on emissions trading scheme
4 Nov 2008
The Australian Government has no ambitions to set an example by moving dramatically ahead of other countries with its emissions trading regime, Climate Change Minister Penny Wong says.
Global recession reaches carbon market
4 Nov 2008
The global economic recession will have a significant effect on the European carbon market, nearly halving the shortfall in EU Allowances (EUAs), according to a new projection in the latest weekly report from IDEAcarbon, a leading carbon market analysis and research firm.
Nervous foresters: We don't want policy flip-flops
31 Oct 2008
Foresters awaiting regulations due to released at the end of the year in order to make firm calculations of their carbon credits and liabilities fear that a new government might turn the existing policy on its head.
Forum leaders keen to keep on being heard
31 Oct 2008
The Climate Change Leadership Forum is making a bid to keep going.
Exporters fear impact of European emissions decisions
31 Oct 2008
New Zealand exporters say increased costs from recent emissions legislation decisions in Europe will be passed on to customers, but Air New Zealand isn’t talking about the potential impact on the cost of air freight and air travel.
Australian ETS not enough, says leading scientist
31 Oct 2008
Prominent scientist and 2007 Australian of the Year, Professor Tim Flannery, says that the Australian Emissions Trading Scheme is nowhere near sufficient.
Cement giant attacks EU carbon trading plans
31 Oct 2008
European cement giant Heidelberg says the European Commission's planned extension of its emissions trading scheme in 2013 could threaten cement production in the EU.
Economies continue to grow with emissions trading, says Parker
31 Oct 2008
A report released yesterday by the Australian government has confirmed that a country's economy will continue to grow with an emissions trading scheme, and it's cheaper to act sooner rather than later, Climate Change Minister David Parker said.
ETS will put us out of business, says horticulture chief
28 Oct 2008
The horticulture sector’s official body says that the ETS legislation was enacted in dangerous haste and will put many of its members out of business.
Officials working on plan if Bluff smelter is sold
28 Oct 2008
Officials from a swathe of government agencies are quietly drawing up a contingency plan for the Bluff aluminum smelter at Tiwai Point.
Contact puts $75 million price tag on carbon commitment
24 Oct 2008
Contact Energy expects its carbon liability to cost it at least $75 million a year.
Now is the time to get out of Kyoto, says Hide
24 Oct 2008
ACT party leader Rodney Hide says New Zealand should pull out of the Kyoto Protocol in the face of increased pressures on businesses and households caused by the global financial crisis - but it won’t be a make-or-break issue during any post-election discussions with National.
MAF’s master tool for farm emissions measurement in doubt
24 Oct 2008
The efficiency of a proprietary, home-grown software package that underpins much of the ETS and Kyoto governance calculations is increasingly being called into question.
Britain to auction first carbon allowances next month
24 Oct 2008
The British government has announced it will auction its first batch of carbon credits under the Emissions Trading Scheme next month.
Financial crisis blurs Australian Treasury's carbon view
24 Oct 2008
The Australian federal Treasury says its modelling that underpins the country’s imminent switch to carbon trading does not include analysis about the destructive impact of the global financial crisis.
Speed up ETS preparations, Australian businesses told
24 Oct 2008
Australian business leaders have been warned to speed up preparation for the incoming emissions trading scheme despite the credit crisis.
Nasdaq buy-out leads it into emissions trading market
24 Oct 2008
Exchange operator Nasdaq OMX Group has announced that it will use assets from a recent acquisition to move into energy and carbon derivatives.
Climate change needs a Roosevelt ‘New Deal,’ says UN
24 Oct 2008
The world should take a leaf from former US president Franklin Roosevelt's songbook for tackling the Great Depression and fund a "Green New Deal" to fight climate change, a United Nations agency says.
EC eyes market solution to deforestation
24 Oct 2008
The European Commission has called for a target to halt global deforestation by 2030, to be delivered partially through a Global Forest Carbon Mechanism (GFCM), under a post-2012 climate agreement.
Nats promise electricity-first ETS by 2010
21 Oct 2008
The National Party will have an emissions trading scheme covering the electricity sector by January 1, 2010, climate change spokesman Nick Smith said in a debate yesterday.
Parker: Nats won't, but we'll answer the questions
21 Oct 2008
Climate Change Minister David Parker says that he is willing to answer Carbon News’ questions on climate change policy – even if National isn’t.
Use ETS money to fund green projects, says Britain
21 Oct 2008
Money raised from Europe’s Emissions Trading Scheme should be used to fund plans for carbon capture and storage demonstration projects, the British government will stress at an EU energy summit today.
'Back-to-basics' approach for councils ignores climate risk
Today 10:45am
By Shannon Morris-Williams | While ACT is standing local government candidates to oppose councils' attempts to manage emissions and ministers are calling for local authorities to 'get back to basics' - or even suggesting scrapping regional councils altogether - one expert says this narrative is putting communities at risk in the face of climate change.
Extreme heatwaves may cause global decline in dairy production, scientists warn
Tue 8 Jul 2025
Israel-based study finds that by 2050 average daily milk production could be reduced by 4% as a result of worsening heat stress.
NZ Post drops science-based climate target
Tue 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.
Nations agree to tax premium flyers, private jets
2 Jul 2025
A group of countries, including France, Kenya, Spain and Barbados, pledged on June 30 to tax premium-class flying and private jets in a bid to raise funds for climate action and sustainable development.
Tipping points: Window to avoid irreversible climate impacts is ‘rapidly closing’
Today 10:45am
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”.
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.
Emissions Trading Scheme needs deep reform - commissioner
Today 10:45am
The government’s attempt to limit forestry conversions on rural land is unlikely to lead to meaningful change, according to the Parliamentary Commissioner for the Environment.
How Mamdani connects climate policy to his affordability agenda as he runs for New York mayor
Today 10:45am
Many of the democratic socialist’s policies aim to slash carbon emissions and boost environmental justice.
Bearish sentiment lingers for carbon market
Today 10:45am
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.
Climate backtracking could impact trade relationships: Labour
Wed 9 Jul 2025
By Liz Kivi | Labour Party Energy spokesperson Megan Woods says the government needs to be upfront about how its energy policies will impact trade relationships, following revelations New Zealand was warned by other governments that backtracking on climate policies jeopardised its membership of an international alliance.
A credible UN carbon market needs rules that count – we’ve just set them
11 Jun 2025
COMMENT: The broad standards for a more ambitious market are now in place. But without a steady flow of investment, this progress will remain largely on paper.
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.
Carbon price grinds higher - where to from now?
30 Jun 2025
By Liz Kivi | The carbon price has continued to grind slowly higher since this month’s failed auction, with prices at their highest since March, although still languishing well below this year’s auction floor price.
UN Human Rights Council fails to call out fossil fuels after decision cuts mention
Today 10:45am
A proposal by the Marshall Islands and Colombia calling for a transition away from fossil fuels at the UN Human Rights Council failed to make it into the council’s declaration on climate change and human rights issued on Tuesday.
Key orange roughy population on verge of collapse, govt considers closure
Wed 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.
Urbanization is intensifying India’s summer heat and rain
Today 10:45am
When 28-year-old Sonelal Prasad left home on the morning of June 16 for his job at a construction site in Mumbai—the financial capital of India—he didn’t know he’d be digging his own grave.
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.
EU countries seek more cuts to deforestation rules
Wed 9 Jul 2025
From December, the world-first deforestation law will require operators placing goods including soy, beef and palm oil, onto the EU market to provide proof their products did not cause deforestation.
NZ quits Beyond Oil and Gas Alliance
25 Jun 2025
By Liz Kivi | The New Zealand government has quietly withdrawn from an ambitious coalition to phase out fossil fuels, with a $200 million publicly-funded subsidy for new gas fields the latest policy in conflict with that goal.
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.
Net-zero much cheaper than thought for UK – and unchecked global warming far more costly
Wed 9 Jul 2025
Reaching net-zero will be much cheaper for the UK government than previously expected – and the economic damages of unmitigated climate change far more severe.
The struggle for control of the Arctic is accelerating - and it's riskier than ever
Today 10:45am
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.
Can you trust climate information? How and why powerful players are misleading the public
Today 10:45am
The climate crisis is more urgent than ever, so why is there a disconnect between stated policies and actual practices?
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.
Electric firebricks: decarbonising high-temperature industrial heat
13 Jun 2025
By Ian Mason | A new technology could offer a more cost-effective solution than hydrogen to decarbonise one ‘hard-to-abate’ sector of New Zealand’s economy, as well as having ample potential for demand response as the electricity grid becomes more renewable.
‘Significant gaps’ in proposed approach to climate adaptation
Thu 10 Jul 2025
A new report into climate adaptation doesn’t suggest how development in high-risk areas should be avoided - an issue that needs urgent action with thousands of homes still being built in hazardous areas, according to the Environmental Defence Society.
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.
In Latin America, the energy transition stirs a rise in human rights lawsuits
Tue 8 Jul 2025
A new report shows that more than half of the 95 energy transition-related lawsuits recorded globally since 2009 took place in Latin America and the Caribbean.
Clear-sighted view to trade-offs crucial to reimagining our relationship with the land
Mon 7 Jul 2025
By Nick Swallow | COMMENT: New Zealand could see a 70% drop in the value of dairy land if we pursue our emissions targets for agriculture, according to a new report.
Unlocking economic growth on conservation land
Wed 9 Jul 2025
Media release - New Zealand Government | A targeted effort to reduce the backlog of applications for use of conservation land is accelerating economic growth without compromising conservation values, says Conservation Minister Tama Potaka.
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.
Change in Southern Ocean structure could have climate implications
Mon 7 Jul 2025
Media release – Instituto de Ciencias del Mar (ICM-CSIC) | Satellite data processing algorithms developed by ICM-CSIC have played a crucial role in detecting this significant shift in the Southern Hemisphere, which could accelerate the effects of climate change.
Nelson adopts ambitious target to slash emissions
Tue 8 Jul 2025
By Max Frethey, Local Democracy Reporter | After some of the most passionate debate seen in the chamber this triennium, Nelson City Council has adopted the more ambitious of two community greenhouse gas targets.
Markets aren't going to save us – Carr
Wed 9 Jul 2025
By Shannon Morris-Williams | Consumerism is reaching its ecological and economic limits, and only systemic change - not market tweaks - can steer us away from climate catastrophe, according to former Climate Change Commission chair Rod Carr.
Microplastics found in sand on dozens of NZ beaches
4 Jun 2025
Scientists have extracted microplastics from the sand of 22 beaches from the Far North to Banks Peninsula.
North Canterbury locals get say over huge solar farm
Thu 10 Jul 2025
By David Hill, Local Democracy Reporter | North Canterbury residents are being encouraged to have their say on a proposed 180 hectare solar farm on a property near their village.
UK: Thousands lobby MPs to demand climate action
Thu 10 Jul 2025
More than 5,000 people from across the UK arrived in Westminster on Wednesday to meet their MPs and demand urgent climate action to protect their communities.
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.
Clean energy's political test looms now that Trump bill is law
Thu 10 Jul 2025
The US 2026 midterms will test clean energy's uncertain political salience as advocates attempt to tether it to economic matters that voters prioritise.
MethaneSAT loss ‘a tragedy’
3 Jul 2025
By Liz Kivi | The disappearance of a methane-tracking satellite, which was backed by $29 million of government funding, is a tragic loss according to one astrophysicist, who is calling for a review to understand how New Zealand blew past multiple red flags about its operation.
Green budget 'ludicrous la-la land' – govt
15 May 2025
Prime Minister Christopher Luxon said the budget was "clown show economics" and an "absolute circus".
Kiwi ‘smart panel’ startup aiming to reduce energy bills and emissions
4 Jul 2025
NZ start-up Basis this week launched an ‘intelligent’ panel to replace traditional electrical switchboards in homes, which it says can save the average home $1,200 NZD annually on bills and lead to lower 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.
Fast, sustained phase-out of fossil fuels: best-performing countries in coal and transport sectors
Thu 10 Jul 2025
By Robert McLachlan | It’s true that climate change is getting worse – it will continue to get worse until emissions fall to near zero. But is action on phasing out fossil fuels really stalling?
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.
NZ urgently needs to change approach to flood management - experts
2 Jul 2025
Experts say climate change is squarely to blame for flooding in Nelson - but isn’t getting the media attention it deserves - and the country urgently needs to change its approach to flood management in the face of climate change.
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.
