Protecting biodiversity in New Zealand could save more than NZ$270 bln over next 50 years -study
Protecting 30% of New Zealand’s lands and seas could help the country save more than NZ$270 billion ($163,6 bln) over the next 50 years, according to a study released on Thursday.
Read MoreNew Zealand will have to plant out and cut emissions “hugely” to achieve its climate targets, panel hears
New Zealand is likely to be severely short on NZUs after 2030 unless emissions start to rapidly decline, a forestry expert told a panel discussion Wednesday.
Read MoreNew Zealand broker to launch new trading platform
A New Zealand-based brokerage announced Tuesday it will launch a new version of its carbon trading platform next week.
Read MoreNew Zealand urged to take cooperative approach to addressing 2030 NDC challenge
Fresh analysis has highlighted the policy paralysis plaguing New Zealand in achieving its 2030 Nationally Determined Contribution under the Paris Agreement, urging it to adopt a more internationally cooperative approach.
Read MoreJudicial review filed against NZ govt for weakening vehicle emissions standard
A New Zealand advocacy group has launched legal action against the government over its decisions to weaken the country’s Clean Car Standard, it announced Monday.
Read MoreNew Zealand begins work to improve ETS for foresters
The New Zealand government will establish a Reference Group to drive better outcomes for the forestry segment of its emission trading scheme (ETS), it announced Monday.
Read MoreFEATURE: New Zealand looks to bring back gas, but challenges abound
A spike in the electricity price at the end of August in New Zealand forced an urgent review of the power sector and helped hasten a possible return of gas, via reversing a ban on new exploration permits put in place in 2018 by the then-Jacinda Ardern led Labour government.
Read MoreNZ officials call for better exotic forest regulations
New Zealand government officials have recommended exotic forestry be defined within the country’s National Environmental Standards for Commercial Forestry (NES-CF), in order to better regulate the sector that drives carbon credit supply in the country, according to a report published Thursday.
Read MoreNZ government lays out its climate, ETS agenda for the rest of the year
The New Zealand government has announced the next steps it intends to take on emissions trading, forestry, and agriculture-related measures, in its latest quarterly action plan published Monday.
Read MoreNZ Market: NZU price rangebound with steady, ‘boring’ activity as stockpile expected to fall significantly longer term
The NZU market has been drifting through calm waters with prices largely rangebound in line with market expectations, as it now looks to the supply shortfalls on the horizon.
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