The Mangahewa gasfield, 18km south-east of New Plymouth, may be much larger than original estimates and could hold as much as 1000PJ of gas, or about the size of Pohokura, currently NZ’s largest gasfield. Todd Energy which holds the mining permit, plans to drill three wells in the next 18 months to test the theory […]
One of NZ’s most respected climate change scientists says NZ is wasting an extraordinary opportunity to lead the world in research on reducing methane emissions from ruminant animals. Professor Martin Manning, head of the NZ Climate Change Institute at Victoria University and long-serving former NZ representative on the International Panel on Climate Change made this […]
Climate Change Minister Nick Smith is identifying a common trans-Tasman view on a carbon price cap as one of two “first order” issues to be resolved as NZ and Aust move to harmonise their emissions trading schemes. Speaking to NZ Energy & Environment Business Week after talks in Canberra with his Australian counterpart, Penny Wong, […]
Shell has announced plans to scale back its renewable energy business and focus purely on oil, gas and bio-fuels. The company says it is planning to drop all new investment in wind, solar and hydrogen energy. Instead Shell will focus its remaining renewable energy investments on bio-fuels, where it is conducting research into “second generation” […]
Major feritiliser producer Ravensdown has begun prospecting in Otago and South Canterbury for a cheaper source of phosphate rock as an alternative to currently expensive imports. The farmer co-op is exploring development of phosphate rock reserves in South Otago, about 40 km south of Dunedin and it is also prospecting for phosphate and limestone in […]
The first round of public submissions on the NZ ETS show a late burst of enthusiasm for a carbon tax - at least as a transition measure - from an array of interest groups spanning environmentalists, consumer advocates, and major energy users.The NZ Business Roundtable submitted strongly the current ETS has been passed without a […]
Dairy industry progress on keeping effluent out of fresh waterways has stalled, according to the newly published 2007/08 Snapshot of Progress on the Dairying and Clean Streams Accord. Signed in 2003, the Accord envisaged immediate compliance by all dairy farms with resource consent requirements relating to effluent entering waterways. Six years on, only 70% of […]
Climate Change Minister Nick Smith has axed five flagship Labour Govt programmes, which he says are “expensive sloganeering” and will help fill a $26m funding gap left by the last Govt for the Ministry for the Environment. Most notable among the deletions are the Carbon Neutral Public Service and Govt3 programmes, both of which consumed […]
The energy SOEs produced mixed results for the half-year to December 31, 2008, reflecting a combination of high wholesale electricity prices, expanded generation portfolios and the variable impact of new international accounting standards on the bottom line. Meridian, Genesis, MightyRiverPower (MRP), and the national grid company, Transpower, all tabled their half-year financial results in Parliament […]
Regional plans and resource consents emerge as inadequate to the task of ensuring good governance of water resources. This is the major finding of a FRST-funded project looking into water management issues in Canterbury, commissioned by the CRI, Landcare Research Ltd. The report’s author, Professor Neil Gunningham from the Australian National University, concludes “neither of […]
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