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Topics tagged with 'NZ ETS'

More in: NZ ETS
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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.

ETS becomes law on Friday

16 Sep 2008

The emissions trading scheme will become law on Friday.

Phil O'Reilly ... silly to put your head in a box.

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.

Peter Neilson ... not surpised.

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.

Don Nicholson ... huge financial implications for farmers.

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.

Forest owners: Problems have not gone away

12 Sep 2008

The treatment of pre-1990 forests under the emissions trading scheme will emerge again as a major issue, warns the New Zealand Forest Owners’ Association.

Peter Garrett ... short and medium term tinkering with New Zealand's new ETS not desirable

Garrett: Don't tinker with your new ETS law

12 Sep 2008

Australian Environment Minister Peter Garrett has warned New Zealand not to “go tinkering” with its new emissions trading law.

Industry group tries to scrap EU emissions scheme

12 Sep 2008

The European Parliament’s industry committee is trying to ditch the EU emissions trading scheme and to boycott 2020 climate targets, environmental groups said following a vote overnight on how the carbon market should operate after 2012.

Greenhouse gas emissions: What others are doing

12 Sep 2008

Companies and governments, including New Zealand, are turning to emissions trading as a weapon to fight climate change, in a carbon market worth $64 billion last year.

REACTION: Greenhouse Policy Coalition - Emissions trading scheme is flawed

12 Sep 2008

The passage of the most ambitious emissions trading scheme in the world will come at a high cost to the New Zealand economy, according to the Greenhouse Policy Coalition, representing the energy-intensive sector.

REACTION: Greens: ETS a first step, time for some big strides now

12 Sep 2008

The passing of the Emissions Trading Scheme is the first small step towards getting New Zealand’s carbon emissions under control – there is still much work to be done, the Green Party says.

REACTION: National: We will amend flawed ETS

12 Sep 2008

The rushed passage of the Emissions Trading Bill will be a hospital pass for the incoming government, says National’s climate change spokesman, Nick Smith.

LETTER: Bad news for Ngai Tahu

12 Sep 2008

In Carbon News (5 Sept 2008) Willie Te Aho was quoted as saying that the deforestation liability for Ngai Tahu would be around $15,000 per hectare for changing the use of its 80,000 hectare pre-1990 forest estate.

Parliament passes emissions scheme into law

11 Sep 2008

The emissions trading scheme is law.

Businesses, wake up and smell the carbon

11 Sep 2008

New Zealand business woke up to a new reality today – it’s time to start counting carbon.

Forest owners first to feel effects of ETS

11 Sep 2008

Forest owners will be the first New Zealanders into the emissions trading scheme - with the first entering within 10 weeks.

New world of emissions - what happens and when

11 Sep 2008

The mandatory reporting period for pre-1990 forests starts this year, with ETS obligations and entitlements accruing all year, and a surrender date of December 31 next year.

GOVERNMENT STATEMENT: Historic climate change legislation passes

11 Sep 2008

A cornerstone economic tool will now proceed to help New Zealand reduce greenhouse gas emissions and tackle climate change, Climate Change Minister David Parker says.

Peter Neilsen ... more needs to be done.

REACTION: Good work on ETS, now get on with it, says business council

11 Sep 2008

Business leaders are welcoming the passage of emissions trading law as an essential step for New Zealand to preserve its exporting and tourism future.

Bunny McDiarmid ... time to stop squabbling.

REACTION: Thank god that's over, now back to the climate, says Greenpeace

11 Sep 2008

Greenpeace is calling on political parties to outline their future plans for tackling climate change, now the emissions trading scheme has been passed into law.

David Parker ... always optimistic.

Parker hails party leaders for 'great victory' on climate change bill

9 Sep 2008

Prime Minister Helen Clark, Finance Minister Michael Cullen and Agriculture Minister Jim Anderton have played pivotal parts in getting New Zealand’s emissions trading scheme passed, Climate Change Minister David Parker says.

John Key

National promises ETS by 2010 - but fails to answer question on cap

9 Sep 2008

National is promising to have an emissions trading scheme in force by 2010.

ValueAdd model promotes 'carbon farming'

9 Sep 2008

The ValueAdd Company has just completed an Emission Trading Scheme analytical model relating to so-called “carbon farming”, one of the “business opportunities” promoted extensively by the supporters of the bill, the company says in a statement.

Professor Ross Garnaut ... Australia must push hard for global agreement.

Garnaut sets top target of 80% emissions cut by 2050

5 Sep 2008

Australia should have an emissions reduction target of 10 per cent by 2010 and 80 per cent by 2050, the latest Garnaut report is recommending.

How the Australian ETS will work

5 Sep 2008

Earlier, the Australian Government’s green paper set out its thinking how its cap and trade scheme will work.

Adaptation
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The Wairau River during the July 2025 flood event. Minor damage from the June flooding was made worse by more flooding two weeks later.

Empty emergency reserve forces $6.1m flood repair loan

Mon 2 Mar 2026

By Kira Carrington, Local Democracy Reporter | A depleted emergency fund has forced Marlborough to borrow $6.1 million to repair damage from last year's floods.

Agriculture
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South Korean farmers sue utility giant KEPCO over climate damage to crops

25 Feb 2026

As harvest season approached last November, farmer Ma Yong-un walked through his apple orchard in southern South Korea with a growing sense of dread.

Airlines
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Air NZ joins Marsden Point SAF project

Tue 3 Mar 2026

By Pattrick Smellie | Air New Zealand has quietly added its name to a consortium exploring the viability of green hydrogen production for sustainable aviation fuel at Channel Infrastructure’s Marsden Point energy hub.

Aviation
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Singapore sets first ever sustainable aviation fuel levy, as Southeast Asia’s fuel industry grows

17 Feb 2026

Flying in and out of Singapore, home to Southeast Asia’s busiest airport, will get slightly more expensive this year as the city state begins imposing a levy of between 75 cents to $32 per ticket to fund sustainable aviation fuel.

Biodiversity
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World leaders invited to see Pacific climate destruction before COP31

Tue 3 Mar 2026

The leaders and climate ministers of governments around the world will be invited to meetings on the Pacific islands of Fiji, Palau and Tuvalu in the months leading up to the COP31 climate summit in November.

Biofuels
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Govt’s own modelling shows LNG leads to higher electricity prices than other solutions

19 Feb 2026

By Christina Hood | COMMENT: According to modelling conducted by Concept Consulting for MBIE, either developing the Tariki gas storage facility or managing electricity demand would deliver lower wholesale electricity prices than the Government’s preferred solution of an LNG import terminal.

Carbon Credits
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Bidders no-show at carbon auction – again

Tue 3 Mar 2026

By Liz Kivi | As predicted, today’s carbon auction yet again failed to attract any bidders, with NZUs currently trading hands on the secondary market at a 35% discount on this year’s auction floor price.

Carbon News world
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Oil and gas prices jump as conflict escalates

Tue 3 Mar 2026

Oil and gas prices have surged as Iran continues to launch strikes across the Middle East in response to ongoing attacks by the US and Israel.

Carbon prices
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Carbon auction set to be another non-event

Mon 2 Mar 2026

By Liz Kivi | Tomorrow’s Emissions Trading Scheme auction – the first for 2026 – is set to be a non-event, with secondary market prices more than $25 below this year’s $71 auction floor price.

Coal
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3,600 times faster: China is shaking up the steel industry

25 Feb 2026

For over a century, making steel meant coal, heat, and hours of waiting. A Chinese research team now reports collapsing that process into just three to six seconds; no coal, near zero emissions, and a vortex lance already moving toward commercial production. The technology is called flash ironmaking, and in February 2026, its implications are still unfolding.

Comment
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LNG: a rational choice compared to unpalatable alternatives

10 Feb 2026

By Pattrick Smellie | COMMENT: By deciding to underwrite the private construction of a liquefied natural gas import facility in Taranaki, the Government has made a rational choice in favour of energy security and affordability.

Construction
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Sustainable retail-office project breaks ground under new Green Star framework

19 Feb 2026

Construction is set to begin on a new retail-office development in central Auckland, which is targeting a 40% reduction in embodied carbon and 25% lower energy.

COP
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Resources Minister Shane Jones and New Zealand First deputy leader Shane Jones

Opposition attacks Govt over fossil fuel phaseout backdown

2 Feb 2026

By Liz Kivi | Revelations that Resources Minister Shane Jones ruled out New Zealand signing up to a 'road map' away from fossil fuels at last year’s global climate summit show the National Party’s minor coalition partners’ undue influence over the Government, according to Labour leader Chris Hipkins.

Emissions trading
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Italy calls for suspension of EU carbon market

Mon 2 Mar 2026

The Italian Minister said the Emissions Trading System (ETS) has a "perverse effect" and is condemning European companies from being competitive with other countries, urging other member states to back the suspension.

Energy
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How Trump’s war could destabilize the global energy market

Mon 2 Mar 2026

It starts — but doesn’t end — with the Strait of Hormuz.

Extinction
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WWF-New Zealand chief executive Kayla Kingdon-Bebb

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.

Extreme weather
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Pacific climate advocates welcome pre-COP31 meeting in Fiji and Tuvalu

Fri 27 Feb 2026

Media release – 350.org | Climate advocates across the Pacific will now prepare for the Pre-COP31 meetings in Fiji and Tuvalu, with the Pacific Islands Forum confirming the hosts yesterday.

Fishing
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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.

Forestry
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The 15 foods destroying rainforests, in one simple chart

25 Feb 2026

It’s pretty much impossible to live a life free of environmental harm. But there is one thing you could do immediately that would help the planet a heck of a lot: eat less beef.

Gas
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Judge orders Greenpeace to pay $345m over Dakota Access pipeline protest

Mon 2 Mar 2026

Greenpeace says the case is far from over after being found liable for defamation and other claims brought by the energy firm.

Geothermal
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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 finance
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Motueka River

New study looks to nature markets to accelerate climate response

18 Feb 2026

The Nature Conservancy is teaming up with local groups to study the most affordable and effective ways of restoring native habitats at the top of the South Island, including ways to fund the work using international voluntary carbon markets and biodiversity credits.

Greenhouse Effect
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Surviving on Trump's dangerous planet

Mon 2 Mar 2026

COMMENT: Yet another war, and yet another argument for an end to oil.

Greenwashing
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Claims that AI can help fix climate dismissed as greenwashing

18 Feb 2026

Tech companies are conflating traditional artificial intelligence with generative AI when claiming the energy-hungry technology could help avert climate breakdown, according to a report.

Hydro power
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Climate Change and Energy Minister Simon Watts

Govt missing opportunity to slash electricity prices, says expert

11 Feb 2026

By Liz Kivi | The Government’s fixation on eliminating the "dry-year risk margin" as a lever to reduce costs misses a much bigger opportunity to lower electricity prices, according to Christina Hood, head of Compass Climate.

Hydrogen
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Media round-up

13 Feb 2026

In our round-up of climate coverage in local media: Senior UK ministers have asked their New Zealand counterparts to explain new climate policies, National’s LNG blunders are a warning ahead of election campaign, and what are the lessons New Zealand should take from another summer of weather disasters?

Insurance
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Wales council to buy and demolish homes prone to flooding

4 Feb 2026

A row of homes in a village in south Wales is to be bought by a local authority and demolished as they can no longer be protected from flooding caused by the climate crisis.

Kyoto
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Waitangi Treaty Grounds

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.

Litigation
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EDS puts environmental lawmaking under the spotlight

Thu 26 Feb 2026

Media Release |The Environmental Defence Society has launched the first in a series of investigative pieces into how environmental laws are being made in Aotearoa New Zealand.

Low carbon
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New Zealand Climate Foundation CEO Izzy Fenwick

Climate 'dream team' launches foundation targeting 100 million tonnes in emissions cuts

25 Feb 2026

By Shannon Morris-Williams | The New Zealand Climate Foundation, which has the ambitious aim of cutting 100 million tonnes of greenhouse gas emissions by 2035, had its official launch on Monday.

Mining
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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.

NZ Market Report
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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
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Kiwis overly optimistic about state of environment

Fri 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.

Paris Agreement
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UN approves first carbon credits under Paris Agreement market mechanism

Fri 27 Feb 2026

The United Nations has approved the first credits to be issued under a carbon market established by the Paris climate accord, aimed at reducing emissions – a mechanism that has faced scrutiny over greenwashing concerns.

Planetary boundaries
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Australia-US minerals deal underpinned decision to allow mining company to clear threatened indigenous forest

23 Feb 2026

The Australian government’s decision to allow the US mining giant Alcoa to continue clearing swathes of Western Australian jarrah forest despite past illegal clearing practices was made in part due to a critical minerals deal reached between Australia and the Trump administration last year, a new document shows.

Plastics
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‘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?

Policy development
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Local govt shake-up risks weakened environmental outcomes – Commissioner

Fri 27 Feb 2026

By Shannon Morris-Williams | The Government’s push to simplify local government is "deeply flawed" and has been launched without a clear understanding of which functions must remain regional, according to the Parliamentary Commissioner for the Environment.

Politics
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UK Green Party/Facebook

UK Greens win by-election as anti-data centre protests mount

Tue 3 Mar 2026

The Green Party's Hannah Spencer won the contest for the vacant parliamentary seat of Gorton and Denton, with Nigel Farage's populist Reform UK party coming second, and Labour pushed into third place.

Protest
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Media round-up

20 Feb 2026

In our round-up of climate coverage in local media: 'Every tonne matters': The climate scientist who wants to give you hope; Minister says managed retreat is an option; and climate change is here – is New Zealand ready?

Rare earth minerals
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Brazil and India agree to boost cooperation on rare earths

24 Feb 2026

Brazil and India sealed a deal Saturday on critical minerals and rare earths, enhancing cooperation on crucial resources between two major countries of the global south as they seek to diversify their trading relationships.

Renewable energy
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Africa primed for solar breakthrough after record capacity growth

Tue 3 Mar 2026

The continent of Africa looks set to emerge as a key driver of global solar power production over the rest of the 2020s thanks to a potent mix of policy support, rapid economic growth and declining component costs.

Science
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The High Altitude and Long-Range Observatory (HALO)-South mission seeks to address critical shortcomings in climate modelling.

High-tech flights tackle climate modelling dilemma

Mon 2 Mar 2026

Media release – University of Canterbury | An ongoing challenge in global climate modelling is being addressed by HALO-South a German-Christchurch collaboration.

Tax
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Conservation Minister Tama Potaka

DOC trims costs and winds down jobs for nature

10 Nov 2025

The Department of Conservation (DOC) is entering a new phase of tighter budgets and structural change as it winds down the pandemic-era Jobs for Nature programme and reshapes its operations to absorb long-term cost pressures.

Technology
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Technology Minister Dr Shane Reti (centre)

NZ-UAE partnership boosts advanced tech

9 Feb 2026

Media release | A new Antarctic science partnership with a leading UAE university will grow New Zealand’s advanced engineering and modelling capability, supporting high-value jobs, encouraging economic growth, and enabling smarter climate risk management, Science, Innovation and Technology Minister Dr Shane Reti says.

The House
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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.

Transport
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Canterbury rolls out NZ’s first lightweight electric double-decker

Tue 3 Mar 2026

Metro has introduced the country’s first lightweight electric double-decker bus, marking a major milestone for public transport innovation in Canterbury.

United Nations
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General Assembly chief calls for US to pay UN fees in full

Fri 27 Feb 2026

The head of the United Nations General Assembly on Tuesday urged top contributor the United States to pay its fees in full after Washington made only a partial payment to the global body, amounting to less than 5% of the total amount owed.

Waste
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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.

Wildfires
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Study finds warming world increases days when weather is prone to fires around the globe

20 Feb 2026

The number of days when the weather gets hot, dry and windy — ideal to spark extreme wildfires — has nearly tripled in the past 45 years across the globe, with the trend increasing even higher in the Americas, a new study shows.

Wind energy
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India and UK launch offshore wind taskforce

23 Feb 2026

Constituted under Vision 2035 and the Fourth India-UK Energy Dialogue, the Taskforce is designed to provide strategic leadership and coordination for India’s nascent offshore wind ecosystem.

More in: NZ ETS
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