Archive for September, 2008

Taranaki Gas Storage Facility On Track

Contact Energy hopes to have NZ’s first underground gas storage facility operational by 2010, at the depleted Tariki/Ahuroa field near Stratford. Contact acquired the …

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NZ Oil Production At Record Levels

NZ’s crude oil and condensate production have remained at near-record levels for the fourth consecutive quarter. The Ministry of Economic Development’s NZ Energy Quarterly …

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Meridian Energy To Demo Mitsubishi i MiEV Electric Car In NZ Next Year

Chris Mole, Associate Editor
• Trial to start around February 2009.
• Aim is to encourage Govt subsidies.
• Meridian to help evaluate i MiEV.
Mitsubishi is to …

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Businesses Must “Carbon-Proof” To Reduce Impact Of ETS

A new report by PricewaterhouseCoopers advises NZ businesses to “carbon-proof” themselves to minimise costs under the new Emissions Trading Scheme. The Emission Critical report …

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Welcome To The New World Of NZUs

The primary unit of trade for the ETS is the NZ unit (NZU). One NZU is equivalent to one tonne of CO2 equivalent emissions. …

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Emissions Trading Is Here To Stay, Whoever Wins the Election

Chris Mole, Associate Editor
• Framework still may be amended.
• Business and farmers remain opposed.
• Is it really all about perception?
NZ is set to launch …

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Ngai Tahu Settlement Could Unravel Over ETS Restrictions

The South Island’s Ngai Tahu iwi has filed a new claim with the Waitangi Tribunal designed to protect the value of its 1998 settlement …

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ETS Set To Pass But Critics Fight To Bitter End

The Govt’s ETS legislation, arguably the biggest economic reform since the 1980s, looks set to be passed by Parliament this week but not without …

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Nats Seek To Give “More National Direction” To Environmental Policy

Chris Mole, Associate Editor
• New Environmental Protection Agency.
• Reform Environment Ministry.
• No baseline budget increase.
The National Party intends to create a new Environmental Protection …

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Tui A Bonanza For Companies (And Taxpayers)

One-time minnows NZ Oil & Gas and Pan Pacific Petroleum are now swimming with the big fish on the stock exchange. NZOG is sitting …

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Asian Financial Centres Eye Carbon Trading

The NZX’s hopes of being a world leader with its TZ1 carbon trading platform are being challenged by several Asian financial centres, which are …

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Rushed Emissions Trading Scheme Legislation Under Fire From All Sides

• Bill put together too quickly
• Greens under fire for their support
• Farmers want more protection
The Govt is on track to pass its Emissions …

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