Topics tagged with 'NZ ETS'
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.
Forest owners 'positive' after meeting new minister
12 Dec 2008
The forestry sector is waiting to see how its new minister converts his understanding of issues facing the industry into action.
Harawira tries again to link treaty and ETS
12 Dec 2008
The Maori Party is again trying to get the impact on Treaty of Waitangi settlements included in the emissions trading scheme.
Poznan pressure groups blast Australia
12 Dec 2008
Environmental groups have blasted Australia as the single biggest disappointment at climate change talks in Poland, saying it was "Groundhog Day" with the Rudd Government acting like the Howard government.
ETS review committee announced
9 Dec 2008
The ETS review is shaping as a bun-fight, with Rodney Hide, David Carter and Jeanette Fitzsimons all on the committee that will do the work.
Smith: we want consensus on climate change
9 Dec 2008
Climate Change Minister Nick Smith says he wants New Zealand to build a broader consensus on how to make progress on climate-change issues.
Chauvel: Hide failed to show for the last select committee
9 Dec 2008
Labour says that Act Party leader Rodney Hide has some gall pushing a new select committee inquiry into the emissions trading scheme when he hardly showed up for the last one.
Dunne at the helm: We need an ETS quickly
9 Dec 2008
New Zealand needs a robust emissions trading scheme in place as quickly as possible to reassure businesses and shore-up our international credibility, says the man who will chair the ETS review.
Buck: Forget ETS review, we're nearly out of time
9 Dec 2008
A New Zealander named in Britain as one of the 50 people most able to prevent the continued destruction of the world says that New Zealand doesn’t have the luxury of “forgetting” about climate change while it reviews its legislative direction.
Wairarapa pine planters mourn loss of ETS millions
9 Dec 2008
Wairarapa’s long-established pine forests would have generated the best part of $5 million for their owners if the emissions trading scheme had gone ahead, says carbon trader Greenair.
At last, forest owners get a date with the minister
9 Dec 2008
Representatives from the forestry industry will finally have an opportunity to put their concerns over delays to the emissions trading scheme to the new Minister for Climate Change Issues, Nick Smith, in person this week.
Brussels talks will decide EU stance on climate change
9 Dec 2008
French president Nicolas Sarkozy met central and eastern European leaders in Gdansk at the weekend but failed to persuade them to accept crucial elements of the package – notably auctioning permits for carbon dioxide emissions from power plants, the Irish Times reported.
Emissions scheme 'sound', but Treasury issues warning
5 Dec 2008
Treasury says that the emissions trading scheme is sound, and warns that giving “generous treatment” to emitters would simply transfer the costs to taxpayers.
Wait for trading road to clear, foresters told
5 Dec 2008
Forest owners are being advised to wait out the current period of emissions trading uncertainty amid calls for the carbon trading sector to be regulated.
Pressure mounts on Rudd to cut emissions by 25%
5 Dec 2008
Developing countries are intensifying the pressure on Australia and other wealthy nations to promise to cut greenhouse emissions by at least 25 per cent by 2020 at talks in Poland this month.
UK airport tax 'reprisal' for NZ stand on food miles
5 Dec 2008
Britain’s $240-a-head airport surcharge scheme amounts to a reprisal against New Zealand's stance on the food miles issue, some industry sources believe.
ETS review could damage farming, says Pedersen
2 Dec 2008
Former farming leader Charlie Pedersen, who championed the need for agriculture to be in the New Zealand emissions trading scheme even though he felt isolated and unsupported, is warning that the farming sector could be damaged by the review of the climate change and the ETS.
Foresters fear trading advice is a waste of time
2 Dec 2008
The forestry industry fears that the wrong kind of advice is stepping in to fill the vacuum left by the new government as forest owners struggle to come to terms with what New Zealand’s potential emissions trading turn-around might mean.
We're risking our clean reputation, says organics chief
2 Dec 2008
New Zealand risks scoring a “spectacular own-goal” if it backs away from its proactive stance on climate change, a leading agricultural lobbyist says.
District council factors in 10% cost of ETS
2 Dec 2008
Stratford District Council will factor in a 10 per cent increase in operating costs from 2011 to cover the increased transport and reporting costs under the current ETS, and “perhaps” a 5 per cent increase in its farm operating budget from 2013.
Anxious EMA wants to meet ministers on ETS review
28 Nov 2008
The Employers and Manufacturers' Association is seeking urgent meetings with government ministers to express concern that a review of the emissions trading scheme might include questioning whether human-induced climate change is real.
Why you should know your carbon footprint
28 Nov 2008
Taxes aren’t a barrier to operating profitably in a carbon economy, but a lack of knowledge is, says Landcare Research’s carboNZero technical manager Ann Smith.
UK moves send a strong signal to NZ exporters to cut carbon
28 Nov 2008
The UK Government's move to reform air passenger duty from two to four distance bands, increasing the cost of flying to New Zealand, is just the start of actions New Zealanders will see from throughout the world in a bid to lower emissions.
ETS on hold results in some “carbon traders” promoting VCS to New Zealand exotic forest owners.
28 Nov 2008
Parties are trying to promote the voluntary carbon standard (VCS) www.v-c-s.org now the ETS is under review, says the Environmental Intermediaries & Trading Group Limited.
Forest owners to confront new minister with facts
25 Nov 2008
Forest owners expect to meet the new Minister for Climate Change Issues Nick Smith later this week to tell him what National and Act’s agreement to review and potentially scrap the Emissions Trading Scheme (ETS) is costing the industry.
Don't panic, emissions expert tells NZUs sellers
25 Nov 2008
There are still opportunities for foresters looking to sell NZUs, says Kensington Swan partner Bryan Gundersen.
Oil companies hail move to look at carbon tax
25 Nov 2008
Oil and gas companies are applauding National's moves to revisit carbon tax and to overhaul the Resource Management Act, and say they are confident of a better working relationship with the new government than with the old one.
Listener criticises government's ETS move
25 Nov 2008
The new government's decision to completely review the emissions trading scheme "beggars belief", says the Listener.
British climate change bill shows how it can be done
25 Nov 2008
New Zealand lawmakers might be unable to agree on how to tackle climate change, but an extraordinary show of cross-party unity by their British counterparts is about to make that country the first in the world to have legally binding emissions reductions targets.
Key joins APEC leaders in call to fight climate change
25 Nov 2008
New Zealand Prime Minister John Key, whose new government has suspended the country’s emissions trading scheme, is among Asia-Pacific leaders who have collectively called for a comprehensive effort to address climate change through international cooperation.
We're now a joke in Europe, says carbon trader
21 Nov 2008
Delaying the emissions trading scheme is costing New Zealand the chance to be the major Asian carbon market hub, says a leading New Zealand trader.
Hold on to your carbon credits, experts advise
21 Nov 2008
New Zealanders shouldn’t buy or sell carbon credits until the Government’s plans for the emissions trading scheme are clear, says a prominent law firm.
NZ businesses told: Get used to it, carbon rules
21 Nov 2008
New Zealand business will have to account for its carbon – regardless of whether it is through an emissions trading scheme or a carbon tax, says PricewaterhouseCooper partner and sustainability specialist Julia Hoare.
Protests follow UK’s first carbon permits auction
21 Nov 2008
The UK government is facing protests from various quarters after it said that the proceeds of the sale of carbon permits would not necessarily be used to tackle climate change issues.
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.
Media round-up
Fri 24 Apr 2026
In our round-up of climate coverage in local media: What is the real cost of storm-hit infrastructure? Urgency is needed over climate adaptation funding; and a community conservation group has won a legal victory against multinational mining company OceanaGold.
Extreme heat threatens global food systems, UN agencies warn
Thu 23 Apr 2026
Extreme heat is pushing global agrifood systems to the brink, threatening the livelihoods and health of more than a billion people, according to a new report by the U.N.'s food and weather agencies.
$30m airline fund risks ‘burning public money’ without lasting benefit – expert
20 Mar 2026
By Shannon Morris-Williams | A $30 million government package to support regional air routes risks delivering poor value for money while increasing emissions, according to transport strategist Tim Adriaansen.
Europe has 'maybe six weeks of jet fuel left', energy boss warns
20 Apr 2026
Stocks would reach a tipping point in June if Europe was unable to replace at least half of its imports from the Middle East, the organisation said in a report this week.
Biodiversity plan heavy on talk, light on action, expert warns
Fri 24 Apr 2026
By Shannon Morris-Williams | A newly released government biodiversity implementation plan has been criticised for lacking practical action, with one expert saying it focuses too heavily on discussion and data gathering rather than delivering results on the ground.
Burning wood for power worse for climate than gas equivalent, report finds
21 Apr 2026
Research casts doubt on plans by the UK government to offer subsidies for carbon capture attached to the power source.
Commission advises no change to ETS settings but warns Govt of looming risks
Fri 24 Apr 2026
By Liz Kivi | The Climate Change Commission is warning the Government of a possible shortfall of Emissions Trading Scheme units by the late 2020s and says the scheme will struggle to provide an investment signal by the mid-2030s.
Here’s what to expect from the first conference on transitioning away from fossil fuels
Fri 24 Apr 2026
Delegates from more than 50 countries are gathering in Santa Marta, Colombia, from April 24 to 29 at the first-ever Conference on Transitioning Away from Fossil Fuels.
Carbon ‘stockpile’ up 9 million in March quarter
10 Apr 2026
By Liz Kivi | The ‘stockpile’ of pollution permits (NZUs) in private accounts has increased by just over 9 million to almost 145 million since the end of 2025, according to the latest figures from the Environmental Protection Authority.
Victorian Hydrogen announces Southland urea fertiliser project using coal
Wed 22 Apr 2026
By Liz Kivi | Australian-based Victorian Hydrogen has announced it is developing a new 1.5 million-tonne-a-year urea fertiliser operation in Southland, which it will apply for under fast-track legislation.
Supply-side pressures and political uncertainty ahead for carbon market
7 Apr 2026
By Kristen Green | ANALYSIS: With failed auctions, a surge of new forestry registrations, and an election a few months away, the NZ ETS in 2026 will be subject to a mix of supply-side pressures and political uncertainty.
Latest emissions inventory: ‘Something has gone very wrong’
16 Apr 2026
By Liz Kivi | New Zealand’s greenhouse gas emissions in 2024 decreased by just 0.1% compared to 2023, in what an expert says is a “terrible result”, compared to faster progress in previous years.
What Magyar’s defeat of Orbán in Hungary means for climate and energy
21 Apr 2026
Hungary has played a disproportionate role in EU climate and energy policy in recent years, by repeatedly vetoing climate action and by delaying the phaseout of Russian fossil-fuel imports.
Carbon price rises as lack of forestry credits hint at tightening supply
21 Apr 2026
By Liz Kivi | Prices on the secondary carbon market have rallied to their highest point in 2026, recovering to levels last seen in November last year, just before the Government announced it was unlinking the Emissions Trading Scheme from international climate goals.
Announcements expected soon on $200M gas fund
Fri 24 Apr 2026
By Pattrick Smellie | Fossil fuel companies appear likely to take up a $200 million government fund to encourage additional oil and gas exploration, dashing lobbyist Business New Zealand’s hopes that it might be repurposed to underwrite industrial electrification.
Environmental groups call for ETS reform
20 Feb 2026
Several environmental organisations are calling on political parties to make climate and biodiversity central to the 2026 election campaign, with reforming the Emissions Trading Scheme seen as a key priority.
Northland community climate resilience fund faces massive demand
Fri 24 Apr 2026
By Susan Botting, Local Democracy Reporter | A three‑year‑old ratepayer-funded Northland Regional Council community climate resilience fund is experiencing strong demand, with to date around five times more money sought than is available.
Transport dominates NZ’s rising consumer emissions
10 Dec 2025
By Shannon Morris-Williams | Transport pollution was the biggest contributor to an increase in New Zealand’s consumption-based emissions in 2023, with emissions from household travel up 12%, and consumption-based emissions totalling 58.3 million tonnes – up 1.6% from the previous year.
NZ cleantech could match forests in emissions cuts – but funding gap looms
Wed 22 Apr 2026
By Shannon Morris-Williams | A handful of New Zealand cleantech startups could cut global emissions by 19.2 million tonnes a year by 2030, but a lack of capital is threatening to slow their scale-up, a new report shows.
Going concern status flags depth of Methanex NZ's gas crisis
21 Apr 2026
Methanex's New Zealand operation is relying on financial support from its Canadian parent to remain a going concern after a second consecutive year of asset impairments left the business with negative equity.
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.”
Green Party calls for national electrification plan
20 Apr 2026
By Liz Kivi | The Green Party is calling for a national plan to electrify homes, transport and industry using renewable energy, to reduce fossil fuel dependence in response to the Middle East crisis.
Self-interest should drive investment in overseas climate action, says former climate commissioner
13 Apr 2026
By Liz Kivi | Wealthy countries – including New Zealand – aren’t doing nearly enough to fund climate mitigation in the developing world, with new research saying we need to "change the conversation" to spark action in this vital area.
Fonterra admits ‘100% grass-fed’ claim breached law in greenwashing row
2 Apr 2026
By Shannon Morris-Williams | Fonterra has admitted its “100% New Zealand grass-fed” claims on Anchor butter were misleading and breached the law, settling a case brought by Greenpeace Aotearoa over packaging used between December 2023 and April 2025.
Mercury signs major hydro upgrade programme with ANDRITZ
Thu 23 Apr 2026
Media release | Mercury has signed a contract with international technology group ANDRITZ as part of a $590 million upgrade of three of the nine hydro stations on the Waikato River.
NZ prepares to join ‘gold rush’ for white hydrogen
25 Mar 2026
By Pattrick Smellie | New Zealand may be close to commercialising the capture and use of naturally occurring ‘white’ hydrogen, with investment plans for developments in the Wairarapa region picking up pace in response to spiralling oil prices.
Storms hitting New Zealand every eight days
Thu 23 Apr 2026
By Shannon Morris-Williams | Storms are now striking New Zealand nearly every week, with new data showing a sharp rise in frequency and intensity as the country reels from repeated flooding and extreme weather events.
Climate law change spanner in the works for Waitangi Tribunal Inquiry
19 Dec 2025
By Liz Kivi | The Government’s controversial changes to New Zealand’s legal framework for climate policy have thrown a spanner in the works for a long-running Waitangi Tribunal Inquiry into climate change.
Environmental groups sue Trump administration over approval of new ultra deep-water drilling project
Thu 23 Apr 2026
Environmental groups sued the Trump administration on Monday over its approval last month of oil company BP’s ultra deep-water drilling project in the Gulf of Mexico.
Tehran will never cede control of Strait of Hormuz, senior Iranian politician tells BBC
21 Apr 2026
"Never." That's when a senior Iranian lawmaker says they'll be ready to give up their control of the Strait of Hormuz.
Climate risks could reshape business finances, new guidance warns
15 Apr 2026
By Shannon Morris-Williams | New guidance warns climate change is set to fundamentally reshape financial outcomes for businesses, including difficult-to-model climate “tipping points” – irreversible changes such as ice sheet collapse or ocean circulation shifts – which threaten severe and sudden financial impacts.
Climate pollution static but NZ still on track for first emissions budget, says MfE
17 Apr 2026
By Liz Kivi | New Zealand is still on track to meet its first emissions budget, according to the Ministry for the Environment, despite the pace of emissions reductions slowing to a standstill.
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.
Pacific Islands call for fossil fuel phase-out, NZ hangs back
Thu 23 Apr 2026
By Liz Kivi | Pacific Islands nations have launched a landmark declaration for a Fossil Fuel Free Pacific, calling for a Fossil Fuel Treaty and urgent phase-out of fossil fuels, however New Zealand isn’t rushing to join the call.
Kiwis overly optimistic about state of environment
27 Feb 2026
By Shannon Morris-Williams | New research suggests many New Zealanders believe the environment is in better shape than it really is, with public perceptions often out of step with scientific evidence.
‘They pushed so many lies about recycling’: the fight to stop big oil pumping billions more into plastics
24 Feb 2026
Plastic production has doubled over the last 20 years – and will likely double again. For author Beth Gardiner, metal water bottles and canvas tote bags are not the solution. So what is?
Thousands protest in Germany urging faster shift to renewable energy, amid Iran war
20 Apr 2026
Thousands of people demonstrated across Germany on April 18, urging a faster shift to renewable energy and accusing conservative Chancellor Friedrich Merz’s coalition of putting the brakes on the transition.
China has a new competitor? Kazakhstan reveals huge rare Earth deposit that could power the next tech boom
25 Feb 2026
China’s grip on rare earths might finally see some competition, and the world is already taking notice.
Environment ministry straining under pressure of reforms and potential disestablishment
15 Apr 2026
The ministry responsible for New Zealand’s most significant resource management reform in a generation is doing so under institutional strain, compressed timeframes, and an uncertain future – including its own potential disestablishment.
Timaru’s buses go fully electric
Thu 23 Apr 2026
By Shannon Morris-Williams | Timaru’s bus service is set to go fully electric with the rollout of 10 new vehicles, marking a major step in cutting emissions and advancing Canterbury’s low-carbon public transport network.
UC researcher shortlisted for $1m global planet prize
Thu 23 Apr 2026
Media release | Te Whare Wānanga o Waitaha University of Canterbury PhD candidate and research associate Daniel Hernández-Carrasco is one of 25 scientists worldwide recognised in the 2026 Frontiers Planet Prize for research helping humanity stay within Earth’s environmental limits.
Media round-up
17 Apr 2026
In our round-up of climate coverage in local media: The fuel crisis is a chance for government to reduce greenhouse gas emissions, what would it take to tap into New Zealand's oceans energy, and which political parties would subsidise your rooftop solar panels?
Carbon trading schemes cut more emissions than carbon taxes, according to global study
20 Mar 2026
By Shannon Morris-Williams | Carbon trading schemes are more effective than carbon taxes at reducing emissions, cutting fossil fuel use, and accelerating the shift to renewable energy, a global study has found.
AI surge gives carbon capture a new push
15 Apr 2026
Technology that captures carbon emissions from power plants may finally get a breakthrough as deep-pocketed tech companies try to meet climate goals while powering the AI race.
Pacific climate response in question as NZ finance remains unclear
19 Dec 2025
By Shannon Morris-Williams | With New Zealand's $1.3 billion international climate finance commitment set to end with no clarity on what follows, the Auditor-General says oversight of that funding remains patchy and long-term outcomes are unclear.
Electric car sales soar 51% in mainland Europe as Iran war drives up fuel prices
Wed 22 Apr 2026
Buyers’ interest in electric cars has risen across Europe since the start of the war in Iran in late February, as the rising cost of petrol highlights the cheaper power available from a plug.
India walked away from its bid to host COP33 – here's why
16 Apr 2026
India has quietly abandoned its bid to host the UN's top-tier climate conference COP33, marking a shift from PM Narendra Modi's pledge in 2023. Experts and analysts explore what's behind the decision.
Infrastructure plan calls for ‘predictable approach’ to electrifying economy
18 Feb 2026
Aotearoa’s first National Infrastructure Plan, introduced to Parliament yesterday, calls for "a predictable approach to electrifying the economy" as one of ten priorities for the next decade.
Extreme weather in Wellington ‘a different beast’
21 Apr 2026
By Liz Kivi | Climate scientist Luke Harrington says the small-scale but intense floods which have slammed the capital in recent days are the kind that intensify most rapidly in a warming climate – and are the hardest to predict.
Scientists forecast wildfire risk for species survival under climate change
Fri 24 Apr 2026
A new study warns climate change could increase the global area susceptible to wildfires in the future, putting many more species at risk than today.
Record 165 GW of wind power capacity added in 2025, led by China, report says
Wed 22 Apr 2026
The global wind industry installed a record 165 gigawatts of new capacity last year, up 40% from 2024 and mostly driven by China, a report by the Global Wind Energy Council said, adding this still lagged the pace needed to hit a key climate goal.
