Pressure builds to change ETS obligation rule

Friday - Some companies are buying carbon credits to offset the cost of carbon in fuel and energy as pressure builds to change the rules over who is responsible under the Emissions Trading Scheme for accounting for carbon.

Mighty River likes look of carbon market

Friday - Mighty River Power says it has ideas that could see its involvement in the carbon market stretch beyond buying credits to offset its own liabilities.

We pay $11m too much, say major power users

Friday - The Emissions Trading Scheme is costing large commercial electricity users $11 million a year more than it should, the Major Electricity Users Group claims.

India to start market-based carbon trading

Friday - India will soon start a market-based emission trading system to check industrial pollution, Environment Minister Jairam Ramesh has announced.

Traders demand EU act to bolster market

27 Aug 10 - European carbon market traders have called on the European Union to act now to inject some much needed confidence into the market.

Supply light on local market

27 Aug 10 - This week we have seen prices trading between $18.40 and $18.75, Westpac reports.

Quota owners slow to hook carbon accounts

20 Aug 10 - Fewer than half of the owners of fishing quota have taken the crucial step of opening accounts on the New Zealand Emissions Unit Register.

The Carbon Traders 4: Richard Hayes, EITG

20 Aug 10 - Richard Hayes’ experience in technology and interest in environmental offsetting are combining to do good things.

Trade in NZUs remains light

20 Aug 10 - This week we have seen NZU prices trading between $18.35 and $18.75, Westpac reports.

Kiwi ETS wins minister a rare bouquet

13 Aug 10 - Climate Change Issues Minister Nick Smith has had an unusual experience this week – he’s being feted for the Emissions Trading Scheme.

What Nick Smith said to transtasman business leaders

13 Aug 10 - This week Climate Change Issues Minister Nick Smith spoke at the 6th annual Climate Change and Business Conference, being held in Sydney. This is what he said:

The Carbon Traders 3: Wayne King, Carbon Market Solutions

13 Aug 10 - Wayne King has been behind some of the biggest carbon deals in New Zealand, but he got into the business almost by accident.

Tasman challenge: Cut emissions by 15 per cent

13 Aug 10 - Australia and New Zealand can cut their greenhouse gas emissions by at least 15 per cent by 2020 in economically beneficial ways, say business leaders at the 6th Australia-New Zealand Climate Change...

Local trading picks up

13 Aug 10 - While trade remains relatively light, there has been an increase in trading activity this week, Westpac reports.

How to avoid emissions reporting penalties

6 Aug 10 - Businesses entering the Emissions Trading Scheme should minimise the risk of heavy penalties for getting it wrong by getting their systems approved by officials, a lawyer is warning.

Fuel prices mainly unaffected by ETS

6 Aug 10 - Retail fuel prices remained virtually unchanged during July, despite the introduction of the Emissions Trading Scheme, says a petrol-price watchdog.

Farm leader angers 'foreign-owned' foresters

30 Jul 10 - Federated Farmers have drawn the ire of foresters with a claim that “foreign-owned” forestry companies could destroy New Zealand’s rural economy by turning farmland into carbon forests.

Credits due for pre-1990 forests

30 Jul 10 - Owners of pre-1990 forests can start applying for carbon credits from Sunday.

The Carbon Traders 1: Nigel Brunel, OMFinancial

30 Jul 10 - Nigel Brunel is not a typical greenie. In fact until recently, he would probably have been insulted to be called one. But then he discovered carbon, and started thinking about how putting a price on...

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