Latest from Emissions Trading Scheme

After many years focused on creative accounting, New Zealand is facing pressure to deliver emission reduction results.

The Govt has confirmed that NZ emitters with obligations under the emissions trading scheme will only be able to use internationally traded Kyoto Protocol emissions units to meet their ETS obligations until May 2015.

The Government has adopted a soft unilateral target for reducing carbon emissions by 2020, but Climate Change Minister Tim Groser said a future Government might lift it, should progress towards an international agreement post-2020 warrant it.

The Government's climate change policy is a shambles and a disgrace, writes Brian Fallow. "Unless, that is, you are happy for the costs of the inevitable adjustment to a low-carbon future to be needlessly increased."

As Australia is renewing its commitment to the Kyoto Protocol, New Zealand has backed off, leaving Greenpeace to label the move embarrassing.

A crash in the price of carbon credits could force landowners who invested in new forests to sell their land, an analyst says.

The Government is set to put the emissions trading scheme into an induced coma - not dead, but not able to accomplish much, writes Brian Fallow.

Reaction to the Government's announcement yesterday to postpone key stages of the emissions trading scheme.

The Government has indefinitely postponed key stages of the emissions trading scheme.

The Government has pushed out the dates and levels at which New Zealand will face higher carbon costs under the emissions trading scheme.