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Air NZ wants carbon price cap in ETS

Air New Zealand wants the emissions trading scheme review committee to consider including a price cap for carbon liability.

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No special deals for NZ, Australian climate officials say

Australian officials warned the emissions trading scheme review committee yesterday that were no special deals for New Zealand if it sought to align itself with the Australian carbon pollution...

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Caygill crew meets business leaders

The committee reviewing the Emissions Trading Scheme has already met with some of the country's most influential bodies as it works towards its June deadline.

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ETS review panel wants YOUR input

The Emissions Trading Scheme review panel wants to know how the scheme is affecting businesses, households, farmers, foresters and Maori.

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ETS hits the highway

The Government is going on the road to hear what people think about the Emissions Trading Scheme.

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Time running out for ETS submissions

The public has just four more days to have a say on whether emitters should be held liable for a greater chunk of their emissions.

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Liquidity will return when prices push up again

Spot NZUs closed yesterday at $9.25. OMFinancial reports:

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Z Energy wishlist: Everybody must be in ETS

Fuel retailer Z Energy wants every sector in the Emissions Trading Scheme, a realistic price on carbon, political stability and an end to carbon subsidies.

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ETS uncertainty is a worry, says Meridian

Uncertainty over the Emissions Trading Scheme is affecting the way Meridian Energy does business.

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Investors warn NZ of carbon over-protectionism

An organisation representing $1 trillion of investments is warning the New Zealand Government against the dangers of over-protectionism when it comes to carbon pricing.

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Genesis explains wholesale price increases

Increasing the price of carbon to $25 a tonne would push wholesale electricity rates up by $4.50 a megawatt hour, says Genesis Energy.

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Scrap carbon subsidies, says our worst emitter

The country's single largest generator of greenhouse gas emissions says carbon subsidies should be scrapped so the market can to do its work.

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Customers want clean transport, says KiwiRail

The Emissions Trading Scheme should be strengthened to help to shift freight on to more climate-friendly forms of transport, KiwiRail says.

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Give farmers a reason to join ETS, says academic

Agriculture could do a lot to cut New Zealand's greenhouse gas emissions if it had an incentive to - and could even make money from doing it, a forestry expert says.

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ETS needs a price floor, says environment watchdog

The Emissions Trading Scheme price cap should stay - but it should be balanced by a price floor, says Environment Commissioner Jan Wright.

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Air New Zealand eyes iwi land to offset carbon emissions

Air New Zealand - the country's single largest user of fossil fuels - plans to use carbon credits from Maori-owned land to help to meet its carbon emssions liabilities

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ETS ADVICE: Supply more important than price

Any carbon market controls in New Zealand's Emissions Trading Scheme should be based on supply, not price, says an international business organisation promoting markets to reduce climate change.

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We need an emissions cap, says business council

New Zealand needs a cap on emissions and to include all sectors in the Emissions Trading Scheme, says the Sustainable Business Council.

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MEMO MINISTER: How to do it the Morgan Way

The Morgan Foundation is keeping up the pressure on the Government over the use of hot-air carbon credits.

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Deadline nears for Stage 2 of ETS review

Submissions on the second stage of the Emissions Trading Scheme review close tomorrow.

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Fewer car parks, greener cities, says commissioner

Getting rid of requirements for minimum numbers of car parks with apartment developments could be one practical step toward greening New Zealand's cities, says the Parliamentary Commissioner for the...

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Watchdog wants answers to solar questions

The Parliamentary Commissioner for the Environment is investigating whether the uptake of solar panels really will cut New Zealand's greenhouse gases.

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CLIMATE CRISIS: Why English must act on costs

Finance Minister Bill English must investigate the fiscal implications of climate change, says the Parliamentary Commissioner for the Environment.

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Officials eye pile of ETS submissions

Government officials are today working their way through a large stack of submissions on the technical aspects of the Emissions Trading Scheme.

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Morganites want moratorium on free credits

A think-tank which has strongly criticised New Zealand's use of hot-air credits is now calling for a one-year moratorium on the allocation of free credits to trade-exposed heavy emitters.

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Run carbon prices like the dollar, says academic

Carbon prices should be managed like the Reserve Bank manages the value of the New Zealand dollar, a submission on the Emissions Trading Scheme is recommending.

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Make ETS like a market, says our biggest emitter

New Zealand's largest emitter of greenhouse gases says that carbon trading needs to be automated and standardised.

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Forest carbon storage risky, warns thinktank

Storing carbon in forests is risky and should be used to meet no more than a fifth of New Zealand's emissions reductions, says a group of prominent scientists and other New Zealanders.

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ETS ANSWERS: Three ways to make it work

Bringing agriculture into the Emissions Trading Scheme, setting an emissions cap, and building cross-party support to cut emissions and lift carbon prices should all be part of the ETS review, says one...

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Catholic Bishops back agriculture in ETS

An agency of New Zealand's Catholic Bishops says agriculture must be brought into the Emissions Trading Scheme.

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Public signals support for scrapping of 1:2 subsidy

Scrapping the one-for-two carbon subsidy has widespread support, if submissions on the current review of the Emissions Trading Scheme are anything to go by.

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OFF TARGET: Carbon over-shoot could cost billions

Officials warned the Government that New Zealand was at risk of over-shooting its 2030 emissions reduction target by 150 million tonnes - due largely to subsidies to emitters and a stockpile of...

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Carbon should trade in limited range, says forester

New Zealand's carbon prices should be kept within a band of $15 to $50, says a forestry company that has played a leading role in developing the carbon market.

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ETS REVIEW: Plenty are talking about agriculture

The Government might have wanted agriculture kept out of the current review of the Emissions Trading Scheme, but that hasn't stopped scores of people, ranging from Air New Zealand to the country's...

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Firms made closure threats over 1:2 subsidy change

Four companies threatened to close if the Government removed the one-for-two carbon subsidy.

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Subsidy loss will cost dairy farmers a 'low' $4588

Removal of the one-for-two carbon subsidy will cost dairy farmers $4588 and households between $66 and $99 - costs that Climate Change Minister Paula Bennett says are "relatively low".

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Minister reports on second stage of ETS review

Climate change minister Paula Bennett has reported to her colleagues on the second stage of the Emissions Trading Scheme review.

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Industries fought to keep 1:2 carbon subsidy

The waste, stationary energy, industrial processing and agricultural sectors mounted the biggest opposition to getting rid of the one-for-two carbon subsidy.

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Businesses call for ETS policy certainty

Calls for cross-party policy on climate change, and complaints about "continual and ad-hoc" changes to the Emissions Trading Scheme dominated comments on the first stage of the latest review of the...

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Nation needs emissions targets, says banker

New Zealand should be setting annual emissions targets, says Westpac

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Anxious farmers keen to keep carbon subsidies

Farmers - already exempt from liability for the majority of greenhouse gas emissions from their businesses - urged the Government to keep other subsidies in place to further protect them from carbon...

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Keep us out of the ETS, pleads steel industry

New Zealand Steel wants the steel industry excluded from the Emissions Trading Scheme, saying that rising carbon prices are putting the industry at risk.

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Businesses plead for more ETS information

The Government should be providing more information on the workings of the Emissions Trading Scheme - including carbon price forecasts and trading data, say participants in the scheme.

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Include farming in ETS, says former climate envoy

OUR FORMER climate ambassador says that agriculture should be brought into the Emissions Trading Scheme - even if it is treated differently.

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MARKET LATEST: NZUs $17.15

Spot NZUs opened today at $17.10 bid and $17.15 offered, after last fixing at $17.15.

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Researchers post new ideas for emissions trading

A CARBON PRICE ceiling and floor, controls on the number of carbon credits circulating in New Zealand, and forward agreements for New Zealand to buy credits from developing countries are among new...

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IT'S OFFICIAL: Ministers get the word on ETS changes

Glenbrook steel mill OFFICIAL advice on changes to the Emissions Trading Scheme has made its way from officials to ministers.

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Shipowners want out of 'unfair' ETS

  SHIPOWNERS want out of the Emissions Trading Scheme, saying it won't be fair if they have to pay twice for their emissions.

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Zero carbon bill submissions open

   SUBMISSIONS on the zero-carbon bill are open.

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Dairy firms see ETS dates clashing

  REPORTING dates for the Emissions Trading Scheme should line up with farm production schedules, dairy companies say.

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