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Halt NZU Grab - Latest News [Page 1]

ETS Tinkering: Willis Plunging Into Waters Too Deep For Her

Thursday, 23 May 2024, 10:20 am | Halt NZU Grab

The price signalling that ETS auction floor and CCR settings might be lowered is redolent of economic, political, legal and climate risks. Minister of Finance and Associate Minister of Climate Change, Nicola Willis, appears oblivious to all these. ... More >>

EPA Annual Charges On Forestry Participants Unlawful?

Monday, 25 September 2023, 10:41 am | Halt NZU Grab

We share the concern others have expressed over the EPA's recent suboptimal performance in the shape of multiple market information glitches ( Carbon News 1/9/23 ). That concern has hardened into outrage after last week's announcement that ETS forestry ... More >>

NZ ETS Review Modelling Reveals No Reason Why Existing Forests Should Not Be Grandfathered

Wednesday, 2 August 2023, 1:52 pm | Halt NZU Grab

In a recent open letter to Minister Shaw ( Scoop,12 July ), we pointed out fundamental flaws in the NZ ETS Review as it relates to existing forests. Our particular concern was that NZUs from existing forests, most of which won't be available to be purchased ... More >>

11th Hour Disclosure Of NZ ETS Review Modelling

Friday, 28 July 2023, 9:53 am | Halt NZU Grab

Giving less than 48 hours’ notice, Government officials yesterday hosted a webinar on the modelling which underlies the NZ ETS Review. They also released the associated data sets in the form of pages of excel spread sheets. Why the Government left the ... More >>

Shaw Corrects One Mistake – But The Most Important One Still To Be Fixed

Wednesday, 26 July 2023, 6:52 am | Halt NZU Grab

The ETS announcement, after close of business yesterday, accepted most of the Climate Commission’s 2023 recommended unit limit and price settings for the ETS. The only significant difference is with auction volumes, where the Government has gone with ... More >>

Foresters Unfairly Take Heat For Farmers’ Inaction On Climate Change. Can Māori And Fair-trade Agreement Unlock This?

Monday, 24 July 2023, 9:54 am | Halt NZU Grab

Farmers’ lobbies must be patting themselves on the back. Not only do they appear to have put off meaningful climate change action affecting farmers (which will be put off even more if National/Act become the government), but they have managed to ... More >>

What’s Happening To The Price Of NZUs?

Thursday, 20 July 2023, 9:52 am | Halt NZU Grab

NZU spot prices shot up around $12 after last week’s High Court decision ordering the Government to reconsider its unit limits and price control regulations by September 30. But prices have since sulked at around $50 on little trading activity. In conceding ... More >>

Government’s Climate Change Mess Just Got Messier And The Answer More Obvious

Monday, 17 July 2023, 8:58 am | Halt NZU Grab

The High Court changes the rules. Just after 5pm last Thursday night, the High Court released a judgment finding Government regulations which did not follow the Climate Change Commission’s 2022 advice on NZ ETS unit limits and price control settings ... More >>

Open Letter To Minister James Shaw On Fundamental Flaws In The NZ ETS Review

Wednesday, 12 July 2023, 4:04 pm | Halt NZU Grab

Dear Minister, All commentators, including ourselves, note with increasing concern your refusal to engage with media and interested parties on the topic of grandfathering existing forests and forestry NZUs under the Government's NZ ETS Review. As you know ... More >>

What Is Behind Option 4 Of The NZ ETS Review And Why?

Monday, 10 July 2023, 2:49 pm | Halt NZU Grab

Option 4 in the recently announced NZ ETS Review looks to be the Government’s preferred option. It would take forestry originated NZUs out of the NZ ETS and create a separate market for them, one which can’t be accessed by emitters. They will ... More >>

Minister Shaw Wrongly Claims That Halt The NZU Grab Campaign Is Spreading Misleading Information

Friday, 7 July 2023, 11:39 am | Halt NZU Grab

In our first press release (Scoop, 4 July) we warned that the Government’s NZ ETS review contemplates a huge expropriation of privately owned assets. This is because the consultation document makes no mention of a “grandfathering” arrangement ... More >>

Government Contemplating Huge Expropriation Of Private Assets

Tuesday, 4 July 2023, 12:24 pm | Halt NZU Grab

The Government's recently announced NZ ETS review contemplates the largest expropriation of privately owned assets in New Zealand since the passing of the Petroleum Act 1937, where ownership of all underground crude oil in New Zealand was vested in the Crown. ... More >>




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