New Zealand








Fossil Fuels

Environment

Environment

Commonwealth chooses Shirley Ayorkor Botchwey as brand-new secretary-general

Commonwealth members selected Shirley Ayorkor Botchwey as secretarygeneral of the 56nation club headed by Britain's King Charles, the Commonwealth said on Saturday, the final day of a top in Samoa participated in by Charles and Queen Camilla. Representatives of the nations, most with roots in Britain's empire, are going to the Commonwealth Heads of Federal government Meeting that began in the Pacific Island nation on Monday, with slavery and the hazard of environment modification emerging as major styles. Today at #CHOGM 2024, Commonwealth Heads of Government have chosen the Hon Shirley Ayorkor Botchwey, presently the Minister for Foreign Affairs and...

Environment

Concentrate on gender injustice as Commonwealth top starts in Samoa

A meeting of Commonwealth countries began in Samoa on Monday with a concentrate on the earnings inequity, violence and structural discrimination dealt with by ladies, explained by Commonwealth Secretary General Patricia Scotland as a plague. in our world. Leaders and officials from 56 nations with roots in. Britain's empire will attend the Commonwealth Heads of. Government Fulfilling in the small Pacific Islands country. At a forum on Monday, females political leaders stated gender. inequality stays widespread amongst the group, which spans top. economies such as Britain, Canada and Australia, the world's. most populated nation India, and 14 least established states...

Pollution

New Zealand to decrease accessibility of emission credits from 2025

The New Zealand federal government said on Tuesday it would more than cut in half the number of systems it makes available to offset carbon emissions in between 2025 to 2029, as part of a strategy to restore self-confidence in the emissions trading plan market. Auctions for New Zealand units, which represent one metric tonne of carbon dioxide, or the equivalent of any other greenhouse gas, have actually consistently stopped working over the previous year due to oversupply leading to a loss of confidence in the system. Environment Modification Minister Simon Watts stated in a statement that the federal government...

Environment

At Tahiti's Olympic browsing place, Polynesians fight for a reef and a way of life

On the remote south coast of Tahiti, its Jurassic peaks and azure lagoon available just by boat, Patrick Rochette is discussing how centuriesold Polynesian conservation traditions are being restored to secure this distinct environment. Joined gruesome tales of the island's history of tribal wars and the roots of wave-riding, it's a compelling account that resonates with the school kids that the Tahitian older has given this picturesque area near to the Olympic browsing venue of Teahupo'o. Amongst the interconnected Polynesian concepts lost or repressed during Tahiti's French colonisation that Rochette explains: respect for tupuna, the ancestors; mana, the spiritual power...

Environment

Olympics-Triathlon-Yee's 'one last push' makes incredible gold

Alex Yee might have been the fastest runner in the field at the Olympic men's triathlon but he knew you can't beat the heat and his considered pacing paid optimal dividends when he drew in Hayden Wilde in a remarkable finish on Wednesday. The two athletes understand each other inside out and won silver (Yee) and bronze (Wilde) in Tokyo, so the New Zealander took something of a punt in attempting to go hard early and break his British friend and competitor's willpower. With just around 500 metres of the 10km course to go it looked to be a masterstroke...

Pollution

Olympics-Triathlon-Britain's Yee takes gold with thrilling 10km surface

Britain's Alex Yee ran a perfectly-paced 10km to take a remarkable Olympic triathlon gold on Wednesday, revamping a fading Hayden Wilde of New Zealand in brutal conditions. The race was originally due to be held on Tuesday however postponed due to bad water quality in the river Seine and, after the swim and bike leg, a substantial group of 32 hit the shift to the run together. Yee and Wilde instantly created clear but the New Zealander, bronze medallist in Tokyo, surprisingly made an early move, with Yee, extensively considered the fastest runner in the field and silver medallist 3...

Environment

Tasmanian 'Eco-Milk' tests consumers' thirst for climate-friendly dairy

A small dairy in Tasmania is equipping supermarket shelves with what it states is the world's. first branded milk produced by cows fed with a seaweed that. makes them produce lower levels of ecologically harmful methane. gas. The animals market accounts for around 30% of international. methane emissions, according to the United Nations. Seaweed and. other feed ingredients for cattle could lower these greenhouse. gas emissions however have yet to be widely adopted due to cost. Considering that February, family-owned Tasmanian dairy producer. Ashgrove has actually been feeding around 500 cows - a fifth of its overall. - an oil...

Environment

New Zealand ends strategies to rate farming emissions

New Zealand on Tuesday ended a plan to put a price on farming emissions including methane produced by burping sheep and cattle, relenting to farmer pressure that the plan would make their company unprofitable. The conservative federal government stated in a declaration it would establish a Pastoral Sector Group with representatives from the agricultural sector to discover other methods to decrease biogenic methane. Terms of referral for the group need to be established and concurred upon. The previous federal government had actually presented a strategy to charge farmers for their gas emissions from the end of 2025, in what was...

Pollution

New Zealand announces 'independent review' of 2050 methane targets

New Zealand's federal government on Saturday said an independent panel of specialists would review the nation's methane targets, with the goal of assisting domestic climate modification objectives for 2050. This independent review, which will report back to the federal government by the end of the year, will provide evidence-based guidance on what our domestic 2050 methane target must be, consistent with the concept of no extra warming, Agriculture Minister Todd McClay said in a statement. Environment Modification Minister Simon Watts said the evaluation complemented a Climate Change Commission evaluation of the 2050 targets and would provide an input into the...

Renewable Fuels

Air New Zealand eyes green fuel supply partnership to fulfill net-zero targets

Air New Zealand invited on Wednesday start-ups in the sustainable air travel fuel (SAF) sector to become its supply partner, as the provider intends to decarbonise and meet its netzero carbon emission targets. The flagship carrier said it was looking to get in brief-,. medium-, and long-term offtake contracts to alleviate risk and. offer need certainty for the SAF manufacturers. By checking out diverse collaboration alternatives with SAF. producers, Air NZ will not only pave the way for its own smooth. transition towards its net-zero carbon emission targets, however. Set an excellent example to speed up the international. decarbonization journey,...

Energy Markets

New Zealand to review forestry element of emission trading plan

The New Zealand government on Thursday stated it would launch an independent evaluation of expenses connected with the forestry component of the country's Emissions Trading Plan. Todd McClay, the forestry minister, stated in a statement the government was searching for guarantee that the scheme's costs, consisting of whether forest owners should pay a NZ$ 30 ($ 18) per hectare yearly charge for taking part in it, were proper. Up and down the nation forestry owners have been raising concerns about the excessive costs that have been imposed upon them by the previous government, McClay stated. Forestry and afforestation are crucial...

Mining

Mining

Australian shares eye finest week in a month as banks, property gain

Australian shares rose on Friday, eyeing its finest week in a month, as financial and real estate stocks raised the benchmark index, while investors exercised care ahead of an essential inflation report next week. The S&P/ ASX 200 index rose 0.4% to 8,410 points by 0010 GMT. The criteria is set to log a weekly increase of 1.2%, its best since Dec. 23. It posted a 0.6% fall on Thursday. Markets wait for fourth-quarter inflation data due on Jan. 29 that would offer ideas on the Reserve Bank of Australia's financial policy stance. Banking stocks, which represent almost a quarter...

Mining

Australian shares increase as strong products lift miners; NZ inflation in focus

Australian shares climbed on Monday, with miners lifting the standard on the back of strong product rates, while diversified miner South32 rose to its highest in more than a month after beating quotes for secondquarter output. The S&P/ ASX 200 index was up 0.3% at 8,331.2 points, since 2334 GMT. The benchmark closed 0.2% lower on Friday. Investors in Australia will acutely keep track of local inflation data, which is due next week, to evaluate the reserve bank's. interest rate trajectory. The Reserve Bank of Australia (RBA) utilizes inflation data as a. key consider identifying its position on rates of...

Mining

Miners help Aussie shares snap three-day losing streak

Australian shares snapped a threeday losing streak to end greater on Tuesday as mining and energy stocks received a boost from greater international product rates. The S&P/ ASX 200 index closed 0.5% higher. The criteria ended 1.2% lower on Monday. Miners, the second-heaviest weighted sector, leapt 1.4% as iron ore costs hit their highest in a week, helped by beneficial Chinese trade data for December and hopes of extra stimulus from the leading consumer. Leading miners BHP Group got 1.4%, while Rio Tinto and Fortescue advanced 0.9% and 2.9%,. respectively. China is Australia's leading trading partner. Grady Wulff, a market...

Mineral Resources

Climate Change

Climate Change

New Zealand inks 'sustainable' trade handle Switzerland, Costa Rica and Iceland

New Zealand signed a trade offer on Saturday with Switzerland, Costa Rica and Iceland to eliminate tariffs on numerous sustainable goods and services, in a relocation Wellington says will boost the country's export sector. The Arrangement on Climate Modification, Trade and Sustainability ( ACCTS) was signed at a ceremony during the Asia-Pacific Economic Cooperation (APEC) in Peru on Saturday after being struck in July, Trade and Agriculture Minister Todd McClay stated in a statement. This contract gets rid of tariffs on key exports including 45 wood and wool items-- 2 sectors that are crucial to achieving our goal of doubling...

Carbon Emissions

Denmark will be first to impose CO2 tax on farms, federal government states

Denmark, a major pork and dairy exporter, will introduce a tax on animals carbon dioxide emissions from 2030, making it the very first country to do so and intending to inspire others to follow, the government said on Tuesday. A tax was very first proposed in February by government-commissioned specialists to help Denmark reach a legally binding 2030 target of cutting greenhouse gas emissions by 70%. from 1990 levels. The centrist federal government late on Monday reached a. wide-ranging compromise with farmers, industry, labour unions. and environmental groups on policy connected to farming, the. nation's biggest source of CO2 emissions....

Climate Change

China and New Zealand deepen trade ties, discuss rights issues during Premier Li check out

New Zealand and China on Thursday signed arrangements on trade and climate change, with human rights also on the program, during a trip by Premier Li Qiang, the greatest level Chinese check out to New Zealand in seven years. New Zealand Prime Minister Christopher Luxon is looking for to balance rights and security interest in the rewarding trade chances provided by Beijing, the country's largest export partner. The Premier and I discussed our substantial economic relationship, which benefits people in both nations with two-way sell items worth nearly NZ$ 38 billion ($ 23.43. billion), Luxon stated. Li was welcomed on...