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Policy Development

The New Zealand Government web site explaining the NZETS and latest developments is at www.climatechange.govt.nz

Limits could be placed on NZU stockpiles

9 Jul 21 - Participants in the NZ ETS could have limits set on the number NZUs they are holding and be required to disclose their stockpiles under proposals being considered by the Government.

Call for finance sector regulation

7 Apr 21 - New regulations requiring the financial sector to disclose the greenhouse gas emission of their investment portfolios are needed, the Sustainable Business Network says in its submission to the Climate Change Commission.

NZ Initiative: leave it to the ETS

6 Apr 21 - An NZU price of $50 is all that’s needed to deliver net-zero emissions by 2050, according to the NZ Initiative.

Be careful with price controls, says Z

31 Mar 21 - Fuel retailer Z Energy says the Climate Commission’s advice on raising the cost containment trigger price of NZUs risks participants stockpiling NZU, affecting liquidity.

Reserve Bank calls for Govt lead on green bonds

30 Mar 21 - Government intervention is likely to be needed to encourage greater investment in green bonds, the Reserve Bank says.

Big methane cut and free public transport needed, expert tells ClimCom

29 Mar 21 - Intergovernmental Panel on Climate Change author Bronwyn Hayward has told the Climate Change Commission its draft recommendations are not ambitious enough and larger cuts need to be made in biogenic methane emissions.

Contact Energy: Hands-off our Ohaaki

26 Mar 21 - Contact Energy wants all revenues from the Emissions Trading Scheme to be ring-fenced for decarbonisation projects.


MERIDIAN: EVs and low-carbon boilers are key

26 Mar 21 - Meridian Energy has come out in favour of a feebate scheme for electric vehicles and government intervention to speed up the conversion of fossil-fuel boilers to electricity.

Submissions flooding in to ClimCom

26 Mar 21 - The Climate Change Commission has already received more than 6000 submissions in response to its draft report with two days to go until the extended deadline on Sunday.

ClimCom plan described as lacking in ambition

24 Mar 21 - Wellington City Council says its emissions reduction targets risk being undermined by the Climate Change Commission’s draft carbon budget.

Robertson: Climate change too big for budget

24 Mar 21 - This year’s Budget won’t include any analysis of the impact of Government policies on climate change, finance minister Grant Robertson says.

Lobby adds voice to call for ClimCom's economic modelling

24 Mar 21 - The Taxpayers' Union lobby group has gone to the Ombudsman over access to economic modelling underlying the Climate Change Commission’s draft recommendations.

What lobby groups are asking supporters to say

23 Mar 21 - Lobby groups from Greenpeace to the Taxpayers’ Union are encouraging supporters to make submissions on the ClimCom draft report by using their templates and suggested talking points.

SHAW: No point ignoring ClimCom's views on prices

22 Mar 21 - Climate Minister James Shaw appears likely to back any recommendation from the Climate Change Commission to increase price controls in Government auctions of carbon credits.

Covid knocks climate off Kiwis' priority list

11 Mar 21 - New Zealanders are significantly less concerned about the impact of climate change than they were a year ago, according to a Colmar Brunton survey.

Parliament passes reserve price provision

10 Mar 21 - The first Government auction of carbon credits will go ahead next week with a confidential reserve price in place.

GENESIS: Reserve price will distort the market

9 Mar 21 - Including a confidential reserve price in next week’s Government auction of carbon credits could distort the carbon market, says one of the country’s largest emitters.

Reserve-price bill back before Parliament

8 Mar 21 - The Environment Committee has sent a bill to include a confidential reserve price in the upcoming carbon auction back to Parliament without an amendment asked for by several major market players.

NZUs should be more than $100, MPs told

8 Mar 21 - An umbrella group representing more than 50 environmental organisations says NZUs would trading at more than $100 if the Government set more environmentally realistic limits on the number of units...


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