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The Latest Breaking News from ETS

Budget 2023: Climate fund slashed by $800m

While nearly $2 billion of new climate-related spending was announced in Budget 2023, funding for future policies was cut by $800 million.

Newsroom.co.nz

What is TeachAI? The AI Education Resource Explained by ISTE’s Chief Learning Officer

TeachAI is an AI resource for educators and school leaders launched by Code.org, ETS, ISTE, Khan Academy, and World Economic Forum.

Tech&Learning

Proactive release used to circumvent OIA

Official advice sheds light on a long-suspected loophole, in which the Government proactively releases material with redactions so it can circumvent freedom of information laws.

Newsroom.co.nz

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Anne Salmond: Is the ETS an environmental ponzi scheme?

Treasury needs to conduct a value chain analysis of forestry companies and our Emission Trading Scheme to ensure they meet international sustainability standards, writes Anne Salmond

Newsroom.co.nz

Climate Commission warns of fossil-fuelled NZ in 2050

More action is needed than previously anticipated to meet future emissions targets without becoming an international outlier which uses trees to offset burning from fossil fuels.

Newsroom.co.nz

'Decisions have consequences' – Climate Commission scolds Govt

The Government's top climate advisors have told it to shape up or risk failing to meet its own climate targets.

Newsroom.co.nz

How to make Emissions Trading Scheme bulletproof

The Government should take every dollar earned when it auctions ETS credits and distribute it to households as a carbon dividend rather than use it for industrial subsidies and upgrades to public buildings, argues Dr Eric Crampton

Newsroom.co.nz

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Petition opposes extra subsidies for carbon polluters

Official correspondence shows the Government decided to lower eligibility for carbon subsidies to keep specific businesses open, without considering the ramifications.

Newsroom.co.nz

Anne Salmond: Greenwashing and the forestry industry in NZ

The inquiry into forestry slash destruction in Tairāwhiti, and review of the Emissions Trading Scheme, should prioritise the state of the planet not the balance sheets of global corporations, writes Dame Anne Salmond.

Newsroom.co.nz

English test scandal: students and campaigners call on PM to end years of limbo

The students who had their visas revoked will present a petition to Downing Street on Tuesday

The Guardian - UK

Our climate change policies are a mess

The Emissions Trading Scheme was always a neoliberal, market-based, get-out-of-jail-free plan. Time to lead the way with Tradable Energy Quotas instead, writes Pat Baskett

Newsroom.co.nz

Government handed out £300million in free 'pollution permits' to UK airlines

The UK’s Emissions Trading Scheme is meant to reduce carbon emissions by forcing big polluters to buy permits for each tonne of carbon they emit, and has seen Ryanair, easyJet and British Airways receive millions of pounds worth of free permits

Daily Mirror

NZ’s fatally flawed climate change strategy

We urgently need a sustainable carbon strategy focused on native forests to provide long-term carbon sequestration without the need to buy dubious off-shore offsets, says Dame Anne Salmond

Newsroom.co.nz

In 2023, climate will get political

There are fewer major climate policy set pieces this year than previously but the election means we're in for a vigorous debate.

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Cabinet overrides Shaw and Commission on carbon price

The Government has acted against the advice of the Climate Change Commission in retaining tight price controls on the Emissions Trading Scheme, reports Marc Daalder

The Guardian - UK

Big polluters given almost €100bn in free carbon permits by EU

Free allowances ‘in direct contradiction with the polluter pays principle’, WWF report says

Newsroom.co.nz

Christopher Luxon and the art of offsets

Will the National Party leader push climate policy into the never-never, environment editor David Williams asks

Newsroom.co.nz

'Fiscal risk' in farmers' preferred pricing plan – Treasury

The Government's economic advisors warned He Waka Eke Noa proposal wasn't 'grounded in sound economic principles'.

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Sweetheart climate payouts for farmers

Agricultural emissions are behind two thirds of the warming New Zealand is responsible for, but the sector is slated to get special benefits under the Government's farm pricing proposal.

Newsroom.co.nz

Tractor protests and hot air: Our greatest emitters put up the biggest fight

In the third of our Net Zero: The Road to 2050 podcasts, Nikki Mandow turns her attention to the most contentious climate sector – agriculture.

Daily Record

Double deal secures new Lanarkshire home for businesses

There are now only two units remaining at Langlands Commercial Park

Newsroom.co.nz

Zombie forests, carbon sinks and the ETS

Nikki Mandow explains how the Emissions Trading Scheme works, and why not all forests are equal when it comes to sucking up carbon – or earning carbon credits

Newsroom.co.nz

Five lessons from the Emissions Trading Scheme

Basil Sharp argues we need to focus on having the ETS deliver a well-functioning set of property rights that create value and certainty for businesses.

The Conversation

A new farming proposal to reduce carbon emissions involves a lot of trust – and a lot of uncertainty

After decades of avoiding inclusion in the Emissions Trading Scheme (ETS), New Zealand’s primary production sector has begrudgingly acknowledged that reducing on-farm emissions of greenhouse gases is an imperative.

France 24

EU Parliament approves ban on new fossil-fuel cars from 2035

European Parliament lawmakers on Wednesday voted to support an effective EU ban on the sale of new petrol and diesel cars from 2035, rejecting attempts to weaken the proposal to speed Europe's shift to electric vehicles.

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