Carbon News - Intelligence for the carbon market

Ten years ago

TEN YEARS AGO >

Friday - Ten years ago, Federated Farmers was predicting sheep farmers would, collectively, have to sell another 4.7 million lambs to cover the cost of coming into the Emissions Trading Scheme, which was supposed to happen in 2013. Legislation now before Parliament will, if passed, see it finally happen in 2025 if the agricultural sectors hasn’t negotiated another carbon pricing regime in the meantime.

TEN YEARS AGO >>

Thursday - Ten years ago, a dairy farmer diversifying into carbon was telling Federated Farmers to stop “huffing and puffing” about the Emissions Trading Scheme.

TEN YEARS AGO >

Wednesday - Ten years ago, Gull was optimistic about the future of the New Zealand biofuels industry – to the extent of considering investing.

TEN YEARS AGO >

Tuesday - Ten years ago, investors were starting to buy forestry blocks as interest in the Emissions Trading Scheme started to build.

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29 May 20 - Ten years ago, scientists were predicting more droughts in New Zealand as climate change affected the El Nino-La Nina system that drives weather in the Pacific.

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28 May 20 - Ten years ago, power companies were building maximum carbon prices into their charges – despite being able to buy units much cheaper.

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26 May 20 - Ten years ago, the head of one of Australia’s biggest power companies said coal was back in town after the country’s plans for an emissions trading scheme were spiked.


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25 May 20 - Ten years ago, economist Professor Ross Garnaut was calling for a carbon tax to be imposed in Australia after plans to introduce an emissions trading scheme he designed were defeated in the Senate...

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22 May 20 - Ten years ago, more than 800 companies were waiting to hear who would be eligible for free carbon credits as emitters started to enter the Emissions Trading Scheme.

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21 May 20 - Ten years ago, Fonterra was fighting a decision by the National Government to cut it out of a scheme giving free carbon credits to trade-exposed heavy emitters.

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20 May 20 - Ten years ago, with the first wave of emitters set to enter the Emissions Trading Scheme in July, the National Government had set aside $1 billion in the Budget for operating the scheme.

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19 May 20 - Ten years ago, Nasa scientist James Hansen was warning that public understanding of climate change was being undermined by a combination of the Climategate allegations, minor errors in an IPCC...

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18 May 20 - Ten years ago, Genesis Energy was getting active in the country’s fledgling carbon market, saying it was in its own, and in the country’s, best interest to build liquidity.

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15 May 20 - Ten years ago, Tokyo became the first city in the world with a cap-and-trade scheme to limit carbon emissions, covering universities, hospitals, businesses and factories.

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14 May 20 - Ten years ago, business was lobbying for the right to use cheap international credits to meet its obligations under the Emissions Trading Scheme.

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13 May 20 - Ten years ago, New Zealand companies were eyeing up an $800 million Australian Government spend-up on renewable energy.

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11 May 20 - Ten years ago, the United Nations was warning that another year was about to pass without a new international climate treaty being agreed to replace the Kyoto Protocol.

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8 May 20 - Ten years ago, a New Zealand forestry company was making millions of dollars by selling its carbon credits to a European government.

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7 May 20 - Ten years ago, a “flash crash” in financial markets was raising questions about the future of carbon prices.


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