The Government has confirmed previously proposed changes to the Emissions Trading Scheme intended to soften its impact on farmers, industrial and commercial emitters
Govt confirms ETS changes that will soften impact
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Slow economy puts ETS plans on hold
The Government has indefinitely postponed key stages of the emissions trading scheme, saying the economic environment means consumers and businesses simply can't afford it.The announcement comes as Australian Prime Minister Julia...
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Business welcomes emisisons scheme delay
Reaction to the Government's announcement yesterday to postpone key stages of the emissions trading scheme. Delays to parts of the emissions trading sch
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ETS stay 'buries market in hole'
Government decisions to leave the emissions trading scheme at current settings indefinitely means the New Zealand carbon market has been "buried in a six-foot hole", says Nigel Brunel, head of carbon and energy trading at OM Financial.While...
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Government ETS changes 'favour emitters'
Changes to the emissions trading scheme will stop investment in one of New Zealand's most important sources of future carbon emissions reduction - forestry "carbon farming", says Carbon Farm chief executive Murray McClintock.As...
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Brian Fallow: ETS changes will depress carbon market
Changes the Government plans to make to the emissions trading scheme will reduce demand and increase supply in a market already flooded with cheap imported carbon.They risk reducing the price signal from a pretty faint murmur now...
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Costly side-effect from delaying ETS provision
Moves to water down the emissions trading scheme which the Government announced last week will cost the taxpayer $328 million over the next four years.Just over 80 per cent of the impact, or $265 million, arises from the decision...
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Rodney Hide: Trading scheme is a scam
Former Prime Minister Helen Clark declares me a denier, actor Lucy Lawless says I'm whacko and political columnist Chris Trotter wants to charge me with treason.Phew. All because I say out loud what most Kiwis think: New Zealand's...
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Emitters' carbon bill dropping as international prices collapse
The collapse in international carbon prices over the past year has seen emitters switch from domestic to imported sources to meet their obligations, figures released yesterday indicate.In the emissions trading scheme's first surrender...
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ETS changes make farce of policy, says commissioner
Critics and supporters of Government plans to water down the emissions trading scheme began making their case to Parliament's finance and expenditure select committee this week.Parliamentary Commissioner for the Environment Jan...
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Simon Terry: Govt needs to sort out our Kyoto carbon costs
The ETS is not bringing in enough income to pay the nation's carbon bills. Five years since its start, the scheme is a tax that has not even paid for itself.The Government is facing a significant carbon account deficit, and emissions...
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Brian Fallow: Chainsaw massacre sequel looms
Parliamentary Commissioner for the Environment Jan Wright says changes to the emissions trading scheme now being trundled through Parliament make a farce of New Zealand's climate policy.Wright is wrong. A farce is comedy. This is...
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Iwi lose out in carbon crash
The Government could be buying a fight with iwi over its refusal to curtail the flood of cheap imported units emitters can use to meet their obligations under the emissions trading scheme.Legislation amending the scheme, reported...
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Brian Fallow: Emissions scheme on a stretcher
The Government is set to put the emissions trading scheme into an induced coma - not dead, but not able to accomplish much.New Zealand units are now worth around $2.50 on the carbon market or just 10 per cent of the indicative price...
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Carbon credit price crash could force sales
A crash in the price of carbon credits could force landowners who invested in new forests to sell their land, an analyst says.The Government's permanent forest sink initiative allows landowners who establish forests on previously...
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Govt's diluted ETS branded 'ecocide'
The National-led Government has been "charged" with ecocide for passing a law which watered down New Zealand's obligations to reduce carbon emissions.The final reading of a bill which amended the Emissions Trading Scheme (ETS) drew...
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NZ backs off Kyoto climate change route
New Zealand will not sign up for fresh commitments under the Kyoto Protocol, Climate Change Minister Tim Groser announced yesterday.The climate change treaty's first commitment period expires at the end of the year and New Zealand...
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NZ receives 'Fossil of the Day' awards over climate change negotiations
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Brian Fallow: NZ set adrift after cutting Kyoto ties
The Government's climate change policy is a shambles and a disgrace. Unless, that is, you are happy for the costs of the inevitable adjustment to a low-carbon future to be needlessly increased and pushed onto the young, in which case...
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Tim Groser: It's time to move past Kyoto agreement
No country is doing more on agriculture and climate change than NZ.There has been a lot of confusion around climate change recently - and I am talking about policy, not the science. The science, as I interpret it, remains pretty...
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