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Articles on Emissions trading scheme

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New Zealand’s emission reduction target for 2030 is to bring emissions to 30% below 2005 levels, and to be carbon neutral by 2050. from www.shutterstock.com

Why NZ’s emissions trading scheme should have an auction reserve price

With consultation underway to improve the New Zealand emissions trading scheme, experts argue that a reserve price on emissions units could help rebuild confidence in low-emission investment.
Prime Minister Malcolm Turnbull and federal energy minister Josh Frydenberg have been forced to back down on plans to legislate emissions reductions for the electricity sector. AAP Image/Mick Tsikas

The too hard basket: a short history of Australia’s aborted climate policies

Prime Minister Malcolm Turnbull has abandoned the emissions-reduction component of his signature energy policy, in the latest chapter of a brutal decade-long saga for Australian climate policy.
No about-face: Barnaby Joyce (left) may have gone to the backbench, but his successor Michael McCormack looks set to keep his climate views aflame. AAP Image/Mick Tsikas

The Nationals have changed their leader but kept the same climate story

Barnaby Joyce had a long history of opposing climate action. His successor Michael McCormack seems to think the same way, despite climate being a growing threat to the Nationals’ rural voters.
New Zealand’s Prime Minister Jacinda Ardern, seen here with Australia’s Prime Minister Malcolm Turnbull during this month’s Asia-Pacific Economic Cooperation (APEC) meeting, has moved climate change onto the new government’s priority list. Mick Tsikas/AAP

A fresh start for climate change mitigation in New Zealand

As part of its 100-day priority plan, New Zealand’s new government has pledged to set a target of carbon neutrality by 2050, which means phasing out fossil fuels and products that burn them.
The new energy policy could potentially function to preserve black coal’s place in the energy mix. AAP Image/Dan Himbrechts

Will the National Energy Guarantee hit pause on renewables?

The National Energy Guarantee proposal seems geared towards locking in the status quo rather than driving the much-needed energy transition.
Climate teams: if countries pooled resources, they could support a low-emission transformation.

A new approach to emissions trading in a post-Paris climate

New Zealand is a trailblazer for emissions trading, which could help drive a low-emission transformation, both domestically and overseas, in a post-Paris world.
A very bad year for the Great Barrier Reef. AAP Image/XL Catlin Seaview Survey

2016, the year that was: Environment + Energy

In a year of coral bleaching, power blackouts, electricity arguments and Donald Trump, 2016 made the previous year’s climate of environmental optimism rather difficult to maintain.

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