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New Zealand

More Carbon News - New Zealand >

Wellington planting nears one million trees

Mon 30 Mar 2026

By Shannon Morris-Williams | Greater Wellington’s parks restoration programme will hit one million native trees this year, with the first dams to rewet peat wetlands in Queen Elizabeth Park now completed after a years-long effort to bring these ecosystems – and their carbon sequestering superpowers – back to life.

NZ First targets regional share of mining royalties

Mon 30 Mar 2026

By Shannon Morris-Williams | New Zealand First has proposed returning 50% of mining royalties to regional communities, saying that too much of the value from resource extraction is currently flowing to Wellington.

Flooded road in Northland

‘Stop burning fossil fuels’ pleads scientist as extreme rain causes floods yet again

Fri 27 Mar 2026

Northland and Auckland have again been lashed by heavy rain, with hundreds of people evacuated last night because of extensive flooding in the Far North, and some areas hit by more than a month's average rainfall in just 24 hours.

Tuvalu prioritises climate change in agreement with NZ

Fri 27 Mar 2026

By Liz Kivi | New Zealand has pledged an additional $20 million to climate resilience work in Tuvalu, more than doubling Aotearoa's aid to the tiny island nation in the current financial year.

Emergency Management and Recovery Associate Minister Chris Penk

Gisborne $29.7m recovery funding bid awaits Government decision

Fri 27 Mar 2026

By Zita Campbell, Local Democracy Reporter | Gisborne leaders are awaiting the Government’s response to a $29.7 million funding bid for a joint agency/iwi-led recovery plan after January’s severe weather event.

More Carbon News - New Zealand >

Markets

More Carbon News - Markets >

CARBON PRICE

Mon 30 Mar 2026

Exclusively for subscribers, the Carbon News NZU Index tracks daily movements in the compliance carbon market across multiple trading platforms.

Carbon price: Ups and downs amid geopolitical uncertainty

Thu 26 Mar 2026

By Liz Kivi | After ups and downs in recent weeks, the carbon market again broke above the $40 mark this week, with questions around how the Middle East conflict will play out weighing on market confidence.

Associate Professor Ru Hong

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.

MfE forecasts suggest diminishing NZU stockpile

19 Mar 2026

By Clive Bradbury | ANALYSIS: The Ministry for the Environment has updated its NZ ETS forecasts of emissions, removals and entitlements from the Crown's financial forecasting, with predictions pointing to a significant drop in the ‘stockpile’ this year.

NZ urged to grab a slice of burgeoning $35 billion market for nature credits

13 Mar 2026

By Shannon Morris-Williams | New Zealand could unlock strong domestic and international demand for high-integrity nature-based credits, if government, investors and restoration groups work together to scale supply, a new report says.

More Carbon News - Markets >

International

More Carbon News - International >

France confirms oil crisis, says 30-40 percent of Gulf energy infrastructure destroyed

Mon 30 Mar 2026

France's Finance Minister Roland Lescure revealed that between 30 and 40 per cent of Gulf refining capacity has been damaged or destroyed by Iran's retaliatory strikes, leaving a shortage of 11 million barrels a day on global oil markets. Lescure warned it could take up to three years to restore damaged facilities, and several months to restart those that were urgently shut down.

Big Oil to reap billions from Iran war windfall after a month of soaring energy prices

Mon 30 Mar 2026

As Big Oil executives gathered this week and discussed the biggest-ever disruption to global energy supplies due to the war in Iran, there was one impact they did not address publicly: the multibillion-dollar windfall they will make because of soaring prices for the energy they sell.

Rationing power and diluting petrol – how African countries are coping with effects of Iran war

Mon 30 Mar 2026

Countries across Africa have taken measures such as diluting petrol and restricting electricity consumption to cope with the fuel crisis triggered by the US and Israel's war in Iran.

Arctic sea ice just dropped to an alarming new low

Mon 30 Mar 2026

Right now, the Arctic is maxing out on sea ice – the cold of winter has built up over months of darkness, and ice has spread as far south as it will all year. It’s the North Pole’s sea ice maximum, except this year, it’s alarmingly low.

Two Australian states offer free public transport as war pushes up fuel prices

Mon 30 Mar 2026

Public transport in two Australian states will be made free to incentivise people not to drive as fuel prices soar due to the war in the Middle East.

More Carbon News - International >

News Direct

More Carbon News - News Direct >

Open letter: NZ needs an essential use allocation plan for fuel – now

Mon 30 Mar 2026

Wise Response Society | We are writing to make one demand: the government must publish a quantified, ranked essential use allocation plan for fuel - with litres-per-day allocations, tied to actual onshore stock levels and realistic resupply assumptions.

Cost of living dominates Kiwis’ concerns – but sustainability still shapes trust, choices and expectations of business

Mon 30 Mar 2026

Media release: Sustainable Business Council | The cost of living continues to emerge as New Zealanders’ top concern - yet sustainability continues to play a decisive role in how people judge businesses, according to new research.

CLIMATE CALENDAR

Mon 30 Mar 2026

The Carbon News calendar of talks, events, conferences, consultations, and petitions related to climate change.

AI tool predicts wildfire danger faster than current systems

Thu 26 Mar 2026

Media release | A wildfire forecasting system powered by artificial intelligence could help detect dangerous fire conditions earlier and reduce the cost of wildfire response, according to new research from Te Whare Wānanga o Waitaha | University of Canterbury.

Worst in a generation: Environmentalists slam fisheries reform bill

Wed 25 Mar 2026

Media release: Greenpeace | The Fisheries Amendment Bill, which will likely have its first reading in parliament this week, is being labelled the worst fisheries policy in a generation by environmental groups who are calling for it to be rejected to protect ocean health.

More Carbon News - News Direct >
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