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Topics tagged with 'NZ ETS'

More in: NZ ETS
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Franklin Roosevelt

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.

Stavros Dimas ... developed countries must pay.

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.

Nick Smith

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.

David Parker ... happy to comply.

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.

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.

Nick Smith ... silence.

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.

Tariana Turia

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.

Kevin Rudd ... climate change won't go away.

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.

Nicolas Sarkozy ... financial crisis no excuse.

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.

Nick Smith ... vote Green or Labour.

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.

Huntly power station.

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.

Catherine Beard ... our carbon market too small.

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.

Jim Anderton ... the government must be sensible and pragmatic.

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.

Gunter Verheugen

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.

Nick Smith ... businesses must make their own risk assessment.

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.

A major overall of electricity market is needed, say industrial, business, domestic and rural users

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.

Phil O'Reilly ... business should be gearing up now.

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.

NZ directors are running on empty with carbon risk knowlewdge.

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.

Bryan Gundersen ... heavy emitters aware of risks.

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.

Aluminium makers could qualify for free carbon allowance.

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.

Barbara Pearson

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.

Steve Wilton ... expects forest costs to be high.

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.

Australian Government warned not to dig a bigger economic hole with heavy emitter assistance

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".

Bryan Gunderson

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.

Mark Franklin ... talking to large companies.

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.

Adaptation
More >

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.

Agriculture
More >
Awarua-Waituna Wetlands

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.

Airlines
More >

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.

Aviation
More >

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”.

Biodiversity
More >

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.

Biofuels
More >

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.

Carbon Credits
More >
Huntly Power Station, the largest thermal power plan in New Zealand.

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?

Carbon News world
More >

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.

Carbon prices
More >

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.

Coal
More >

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.

Comment
More >

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.

Construction
More >

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.

COP
More >

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.

Emissions trading
More >

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.

Energy
More >
Hiringa chief executive Andrew Clennett

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.

Extinction
More >

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.

Extreme weather
More >

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”.

Fishing
More >

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.

Forestry
More >
Jim Ward, manager of Molesworth station for 24 years, resigned amid frustration with wilding pines and uncertainty about the station’s future.

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.

Gas
More >

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.

Geothermal
More >
Energy Minister Simon Watts addressing the CEP conference in Auckland this week

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.

Green finance
More >

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.

Greenhouse Effect
More >
Deepsea brittle star species from New Zealand, part of the Earth Sciences New Zealand's invertebrate collection in Wellington

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.

Greenwashing
More >
Prime Minister Christopher Luxon greets schoolchildren

‘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.

Hydro power
More >

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.

Hydrogen
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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.

Insurance
More >

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.

Kyoto
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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.

Litigation
More >
Newcastle is one of the largest coal export ports in Australis

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.

Low carbon
More >

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 Market Report
More >

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.

Oceans
More >

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.

Paris Agreement
More >
The landmark advisory, which significantly transforms the obligation of states regarding climate change, being delivered at the International Court of Justice in the Hague.

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.

Planetary boundaries
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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”.

Plastics
More >

‘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.

Policy development
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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.

Politics
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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.

Protest
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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.

Rare earth minerals
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New Zealand Minerals Council chief executive Josie Vidal

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.

Renewable energy
More >

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.

Science
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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.

Tax
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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’.

Technology
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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.

The House
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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
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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.

Water
More >

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.

Wildfires
More >

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.

Wind energy
More >

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.

More in: NZ ETS
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