Articles tagged with Emissions Reduction
Government Extends ETS Unit Settings to 2031 for Market Stability and Emissions Targets
2 weeks ago | 210 viewsThe Government will maintain existing Emissions Trading Scheme (ETS) unit settings to provide market stability and support New Zealand’s emissions reduction targets, extending key price controls until 2031. These decisions follow consultation and align with the Climate Change Commission’s advice to keep the country on track with its emissions budgets. Additionally, minor regulatory changes will be implemented starting 1 January 2027.
Tags: Emissions Trading Scheme ETS Climate Change Minister Simon Watts New Zealand Climate Change Commission emissions reductions auction floor price cost containment reserve regulatory changesAgriZeroNZ Launches $51M Early Adoption Accelerator to Boost NZ Farm Tech
2 months ago | 595 viewsThe Government and industry have jointly launched the AgriZeroNZ Early Adoption Accelerator, contributing up to $51 million each to support the rollout of innovative farm technologies that enhance New Zealand farmers' competitiveness and emissions efficiency. This co-funded program focuses on practical, scalable solutions, building on prior investments in emissions-reducing research, with tools like EcoPond already available and more technologies expected soon. AgriZeroNZ invites companies and industry groups to participate in projects over the next three years, aiming to provide farmers with diverse technology choices tailored to their operations.
Tags: AgriZeroNZ Nicola Willis Todd McClay Early Adoption Accelerator New Zealand farmers farm technologies emissions reduction EcoPond agriculture innovation Crown fundingWaihi Recycling Station Upgrade to Cut Landfill Waste and Boost Recycling by 2028
2 months ago | 525 viewsThe Waihi Recycling Transfer Station will be upgraded with nearly $1.08 million in funding to reduce landfill waste and boost recycling capacity, including a new construction and demolition waste sorting area. Once completed in 2028, the upgrade will divert about 3,400 tonnes of materials annually from landfill, increase recyclables and glass processing by 20-40%, and enable green waste mulching for local reuse. This project exemplifies government efforts to reduce emissions, improve waste management, and support climate goals in the Hauraki and Western Bay of Plenty regions.
Tags: Nicola Grigg Simon Watts Waihi Recycling Transfer Station Hauraki District Council Waste Minimisation Fund landfill reduction recycling capacity climate change green waste emissions reduction planNew Zealand Climate Change Minister Unveils Carbon Removals Framework and Legislative Enhancements
9 months ago | 844 viewsClimate Change Minister Simon Watts introduced a new Assessment Framework for Carbon Removals in New Zealand, aiming to recognize and reward non-forestry carbon removals and support landholders and businesses. The framework aligns with the Government's commitment to climate action that stimulates the economy and promotes emissions reductions, fulfilling an election promise to explore biodiversity credits for initiatives like creating wetlands. Changes to the Climate Change Response Act will streamline processes, improve the NZ ETS, expand opportunities for carbon removal recognition, and reduce compliance costs for stakeholders, with an amendment bill planned for next year.
Tags: Climate Change Minister Simon Watts Assessment Framework Carbon Removals New Zealand Emissions Reduction Plan Biodiversity credits Forestry Climate Change Response Act NZ ETS