Topics tagged with 'NZ ETS'
ASX to introduce emission futures next year
21 Oct 2008
The ASX plans to introduce futures contracts for coal, natural gas and renewable energy certificates.
Nats and climate change: The unanswered questions
17 Oct 2008
Carbon News’s questions for the National Party on key climate-change policy issues have met with silence over the past week.
Nat's insulation snub huge setback, says health expert
17 Oct 2008
National’s plan to scrap the $1 billion home insulation fund will be a huge setback to the health of New Zealanders and to moves to cut energy consumption, says a leading health researcher.
National-Maori coalition raises major issues over fate of ETS
17 Oct 2008
ANALYSIS: If a National-Maori Party Government takes power next month the new coalition could face immense difficulties agreeing on changes to the emissions trading scheme.
Rudd firm: Financial crisis won't delay Australian carbon trade
17 Oct 2008
Australian Prime Minister Kevin Rudd has confirmed that plans to introduce a carbon emissions trading scheme by 2010 will not be delayed by the global financial crisis.
Troubled EU pledges to stick with climate change plans
17 Oct 2008
European Union leaders have reasserted their ambition to lead the world in fighting climate change despite the growing economic recession and mounting rifts among its 27 governments.
Finally, EU-Kyoto carbon trading link up and running
17 Oct 2008
Carbon emissions trading schemes in the European Union and under the Kyoto Protocol were connected yesterday after months of technical delays.
Survey shows energy market opportunities
17 Oct 2008
The latest annual survey of how New Zealanders will cut personal greenhouse gas emissions reveals there is a major market opportunity for those promoting energy efficient appliances.
Nats won't back billion-dollar warm homes plan, says Smith
14 Oct 2008
The National Party says anyone who supports the $1 billion Government plan to insulate New Zealand homes as part of a drive to greater energy efficiency should vote Labour or Green – despite the fact that a poll shows an overwhelming majority of National voters support the scheme.
Govt releases rules for emissions reporting
14 Oct 2008
The Government has released draft regulations for emissions reporting by most of the country’s biggest emitters of greenhouse gases.
No carbon cap leaves NZ wide open, says coalition
14 Oct 2008
Lack of a cap on carbon will result in New Zealand being held hostage to high and volatile prices coming out of the European Union, Greenhouse Policy Coalition executive director Catherine Beard.
Anderton vows to shelter farmers troubled by ETS
14 Oct 2008
Agriculture Minister Jim Anderton has vowed to do all he can to shelter farmers from any adverse effects of the emissions trading scheme.
EC set to grant industry relief on carbon trading
14 Oct 2008
Energy-intensive industries are set to receive a huge cash boost from the European Commission as part of a controversial move to protect Europe's industrial sector from world recession.
Top economist supports chamber's views on carbon taxes
14 Oct 2008
The latest pronouncement from one of the world's top economists that a carbon tax is better than an emissions trading scheme to fight global warming is welcome news, according to the Wellington Regional Chamber of Commerce.
ETS will hinder economic growth, says Kiwi Party
14 Oct 2008
Kiwi Party leader Larry Baldock rhas enewed his party's call for the repeal of the Emissions Trading Scheme.
First NZ carbon credits attract strong interest
10 Oct 2008
The first New Zealand carbon credits are on the market.
Ministry updates GHG reporting guidelines
10 Oct 2008
The Ministry for the Environment has updated its guidelines for companies wanting to undertake voluntary greenhouse-gas reporting.
EU nods to credit crisis but remains tough on emissions
10 Oct 2008
A powerful European Union committee on Wednesday handed some concessions to industries in an economic downturn but maintained a tough line on curbing carbon emissions in the fight against climate change.
Reducing greenhouse gases one fridge at a time.
10 Oct 2008
Natural refrigeration specialist company Arneg New Zealand is to tell this year’s New Zealand Cold Storage Association conference that the industry needs to do more to reduce the effect of refrigeration systems on the environment.
No need for panic-buying, Smith tells businesses
7 Oct 2008
The National Party is not pushing the panic-button over the issue of businesses buying carbon credits - despite companies being urged to consider buying sooner rather than later.
EU vote will spell out future of carbon capture
7 Oct 2008
A vote in the European parliament tonight could back 10 billion euros aid for an untested technology called carbon capture and storage (CCS), which many scientists and economists consider the key to fighting climate change.
Time for green thinking on the economy, say Greens
7 Oct 2008
It is time for Government to set its sights on a green economy to ensure there will be jobs for New Zealanders, that food will be affordable, and it won’t be out of people’s reach to get around, the Green Party says.
Power users unite in push for electricity reform
3 Oct 2008
Electricity users across the economy are joining forces to push the Government into the biggest review of our electricity system since the 1996 deregulation.
Tax cuts eaten into by emissions trading
3 Oct 2008
The executive director of the Greenhouse Policy Coalition, Catherine Beard, says the much needed tax cuts will unfortunately be eaten into significantly by the increased costs households will face from the emissions trading scheme.
Carbon on the rise again
2 Oct 2008
Carbon prices jumped overnight due to several factors; the market was oversold having fallen quite heavily in the last few trading sessions, other energy-related commodities moved higher (such as electricity), and while oil was weaker, it did trade off its lows.
Big emitters play the waiting game with ETS
30 Sep 2008
Some of New Zealand’s major emitters of greenhouse gases are waiting to see who wins the election before committing themselves to buying carbon credits.
Bosses know little of carbon risk, survey shows
30 Sep 2008
Most of the people running New Zealand companies have no idea of their enterprises’ carbon risk.
US states auction off right to emit global warming pollution
30 Sep 2008
US Power plant owners and speculators on Friday bid for the right to emit carbon dioxide as part of a new multistate government programme designed to reduce global warming pollution.
Eco-friendly Aussie farmers at a loss in no-agriculture ETS
30 Sep 2008
Leaving agriculture out of an emissions scheme could cost farmers using environmentally friendly methods of production, the Biological Farmers of Australia (BFA) says.
EXCLUSIVE: It's official, we're losing climate change battle
26 Sep 2008
The world is losing the battle against climate change, with global carbon emissions rising sharply last year, a hard-hitting scientific paper due out today will show.
Heavy emitters told climate change issues ripe for litigation
23 Sep 2008
It is only a matter of time before a class action is brought against heavy emitters in New Zealand over damage caused by climate change, says Kensington Swan partner Bryan Gundersen.
Market readies as NZUs about to go on line
23 Sep 2008
Excitement is mounting on the trading markets as NZUs (New Zealand units) are about to go live.
New waste bill puts pressure on manufacturers
23 Sep 2008
The Waste Minimisation Bill, expected to get royal assent today, has been almost overlooked in the wake of the passing of the emissions trading legislation.
Programme helps firms to get to know their carbon footprint
23 Sep 2008
A new programme to help large emitters to measure their carbon footprint has been launched by Landcare.
Australian carbon credit price doubles as emissions scheme looms
23 Sep 2008
The price of credits in the Australian carbon market has more than doubled over the past 12 months.
EU offers first analysis of carbon leakage risk
23 Sep 2008
Parts of Europe's aluminium, steel and cement industries are likely to qualify for free carbon allowances to compensate them for lost international competitiveness under plans to revise the EU's emission trading scheme, the European Commission suggests in a new analysis.
UK names date to run first emissions trading auction
23 Sep 2008
The first auction of carbon trading allowances in the United Kingdom will take place on November 18, the British Government has confirmed.
Online calculator gives emissions measure
23 Sep 2008
A new online guide and calculator have been launched to help businesses to measure and cut their emissions - and boost profits.
Our ETS action outstrips nuclear stand, says international expert
19 Sep 2008
New Zealand’s “brave” emissions trading scheme is as significant on the world stage as our 1980s stand against nuclear energy, and could lead to the formation of an Asia/Pacific carbon-trading bloc, says an international climate-change consultant.
National's fisheries policy hooks seafood industry
19 Sep 2008
National’s fisheries policy would leave the industry more than $130 million better off over the first eight years of New Zealand’s emissions trading scheme, the industry says.
Promises, promises ... but what are the costs, asks forester
19 Sep 2008
The “Cassandra of carbon trading” says that the ETS-era is characterised with promises of rewards, yet riddled with unknown costs to achieve them.
Be careful of giving heavy emitters more, Australia told
19 Sep 2008
Australia’s government has been told heavy emitters’ claims for assistance to cushion the impact of that country’s Carbon Pollution Reduction Scheme are “highly contestable".
FORUM: Is the door open for a carbon tax?
19 Sep 2008
Kensington Swan energy specialist Bryan Gunderson looks at the impacts of Australia adopting a carbon tax.
Carbon platform eyes start early next year
16 Sep 2008
New Zealand’s carbon platform, TZ1, should be trading by the first quarter of next year.
ETS picture becoming clearer for forest owners
16 Sep 2008
The forestry sector will know precisely how to participate in the emissions trading scheme when the forestry stakeholder reference group meets with MAF at the end of the month.
Don't wait for Nats' ETS, businesses told
12 Sep 2008
Businesses should not sit around waiting for the National Party to change the emissions trading scheme, warns one of their key lobbyists.
ETS befuddles business community, poll shows
12 Sep 2008
The emissions trading scheme might be law, but most business people don’t know much about it.
Disappointed farmers vow to fight on ... but how?
12 Sep 2008
Federated Farmers will keep fighting the emissions trading scheme – but isn’t sure what move to take next.
Carbon courses aim to help small businesses
12 Sep 2008
A trial programme to help small and medium-sized businesses to cut their energy consumption is under way in Auckland.
'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.
