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OMF Market Review

Daily New Zealand carbon market review from broker OMFinancial. OMF's live market prices service is here

MARKET LATEST: NZUs $17.52

Tuesday - Spot NZUs opened today at $17.50 bid and $17.55 offered, after last fixing at $17.52.
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Carbon News National

Mayors demand English acts on climate change

Tuesday - New Zealand’s mayors want a national emissions reduction plan and a stocktake of the likely cost to the country of climate change – something Prime Minister Bill English has steadfastly rejected.

Wet weekend rewrites the record books

Tuesday - Climate records continue to tumble this year, with Oamaru last weekend notching up its wettest day on record.

Bunker down, El Nino summers will get worse

Tuesday - Climate change will mean more extreme El Niño summers – the weather pattern that causes droughts in the east of New Zealand and storms in the west.

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Latest News

Mexico has an idea ... insure coral reefs against damage

Tuesday - A stretch of coral reef off Mexico is the testing ground for a new idea that could protect fragile environments around the world - insurance.

China to ban import of foreign waste

Tuesday - China has anounced that it will no longer be importing foreign garbage shipments.

JUSTIN TRUDEAU: Climate warrior in love with Big Oil

Tuesday - Justin Trudeau has proposed to end Canada's coal use, tax carbon pollution and invest in clean energy technology. But he also wants to keep Canadian oil flowing.

It pays off to pay landowners to keep trees

Tuesday - Paying landowners not to cut down trees is cheaper than the carbon-related costs the destruction of the forests would cause, new research shows.

Public doesn't need scientific climate consensus

Tuesday - Climate change campaigns that focus on correcting public beliefs about scientific consensus are likely to backfire and undermine policy efforts, according to an expert commentary.

It's not easy building electric cars

Tuesday - Despite Tesla’s success, the high risks of mass-producing an electric car from scratch haven’t changed all that much.

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Forestry News

Busy ministry delays work on emissions planning

Thursday - Planning to cut New Zealand’s greenhouse gas emissions in line with the...

Wood-for-coal switch would save us millions

14 Jul 17 - Using wood instead of coal to provide industrial heat would cut New Zealand’s...

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Energy

Environment officials quiet on new coal mines

Monday - The Ministry for the Environment has given the Government no advice on the...

World’s young face $535 trillion bill for climate

Thursday - The next generation will have to pay a $535 trillion bill to tackle climate...

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Youth hostels reach sustainable milestone

24 Nov 16 - YHA New Zealand is the first accommodation network in the world be certified by...

Sharp's green efforts pay dividend

24 Nov 16 - Sharp Corporation’s efforts to responsibly manage the environmental effects of...

Business network wins sustainability award

10 Oct 16 - The Sustainable Business Network has won the Sustainability Support category in...

Children's sunscreen fails tests

22 Sep 16 - Makers of a children’s sunscreen marketed as “organic” have been warned by the...

Child labour not for us, says Karen Walker

Karen Walker

12 Aug 16 - Kiwi clothing designer Karen Walker has certified that none of its garments are...

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