Markets: Analysis
May $5 call trades at 45 cents
15 May 2014
NZUs held above $3.10, closing at $3.16 on thin trade on CommTrade. OMFinancial reports:
NZUs move into a new range
14 May 2014
NZUs touched $3.16 yesterday as fresh buying entered the market and selling of recent days dissipated. OMFinancial reports:
NZUs move to top of recent range
13 May 2014
NZUs are trading at the top end of the recent range, finishing last week at $3.11. OMFinancial reports:
Market trades 34 million carbon credits
9 May 2014
Nearly 34 million carbon credits were traded on the New Zealand market last month – up 10 million on the previous month but down on the same time last year.
California moves on offset units
9 May 2014
California issues the first round of second-generation offset units (CCO3s), and the United States and China hold high-level talks on climate change as that country looks to expand its pilot emissions trading schemes.
Pressure on prices
8 May 2014
NZUs were bidding towards the top of the recent range this morning, as the market went in search of volume. OMFinancial reports:
NZUs still in the range
7 May 2014
The market feels like it wants to trade higher. OMFinancial reports:
NZUs trade the higher end of the range
6 May 2014
NZUs traded at $3.09 yesterday. OMFinancial reports:
NZUs tick up
5 May 2014
NZUs ticked up on Friday and closed $3.05 with the market closing $3 bid versus $3.09 offer. OMFinancial reports:
It's surrender month
2 May 2014
CommTrade fixed at $3.02 yesterday on a very quiet day. OMFinancial reports:
NZUs home on the range
1 May 2014
Small trades yesterday, as spot NZUs bedded down in the $3.00-to-$3.10 range. OMFinancial reports:
NZUs stay in trading range
29 Apr 2014
Spot NZUs traded between $3.05 and $3.09 yesterday on reasonable volume with good two-way interest in the market. OMFinancial reports:
NZUs continue to trade $3.00-$3.10
24 Apr 2014
NZU trading was quiet yesterday with no permits changing hands. OMFinancial reports:
NZUs continue to trade $3.00-$3.10
23 Apr 2014
New Zealand carbon remains quiet with very little happening. OMFinancial reports:
NZUs edging up but quiet
11 Apr 2014
Spot NZUs edged up yesterday to close at $3.07. OMFinancial reports:
NZUs trading a range
9 Apr 2014
We saw some action at $3.06 yesterday, and the market closed pretty tightly on CommTrade at $3.06/$3.08. OMFinancial reports:
March busy month for trading carbon units
4 Apr 2014
TWENTY-THREE million carbon units were traded on the New Zealand market last month.
Our ETS is working ... but is it effective?
4 Apr 2014
IS THE Emissions Trading Scheme working and will it be more effective after the forthcoming election?
Groundhog Day or calm before storm?
4 Apr 2014
Another quiet day on the NZ market. The market settled at $3.07 for spot and circa $3.60 for thuird quarter 2015 NZUs. OMFinancial reports:
NZUs – The ebb continues
2 Apr 2014
Yesterday was similar to Monday; a few spot NZUs flowed through around the fix of $3.07. OMFinancial reports:
NZUs maintain $3.10 level
1 Apr 2014
NZUs hold at $3.10 but trading remains subdued. OMFinancial reports:
NZUs are a buy
31 Mar 2014
Local carbon market was firmer on Friday, trading at 3.10 for 50k. OMFinancial reports:
Market remains quiet
28 Mar 2014
It was another quiet day for New Zealand carbon yesterday, with CommTrade fixing at $3.06 for Spot NZUs. OMFinancial reports:
International wrap-up
28 Mar 2014
WESTPAC'S carbon desk takes a look at developments on international markets.
Buying interest in NZUs
27 Mar 2014
It was a quiet day yesterday, with little trading in NZUs. OMFinancial reports:
Spot NZUs still over $3
26 Mar 2014
Spot NZUs closed again at $3.07, circa 50k volume. OMFinancial reports:
NZUs find support at $3
25 Mar 2014
The local carbon market continues to find support above $3, closing at $3.07. OMFinancial reports:
NZUs remain above $3
24 Mar 2014
Spot NZUs remained above $3 on Friday fixing at $3.07 on CommTrade. OMFinancial reports:
NZUs trade good volume around $3.05
21 Mar 2014
A good volume day yesterday, with 100,000 tonnes trading between $3.05 and $3.10. OMFinancial reports:
Prices consolidate in quiet market
20 Mar 2014
Spot NZUs consolidated yesterday, finishing at $3.00, but overall the market is very quiet. OMFinancial reports:
Speculators back in the market
18 Mar 2014
It was a quiet start to the week for local carbon yesterday. OMFinancial reports:
NZUS bounce of $2.90
17 Mar 2014
Spot NZUs closed at $3.00 Friday after starting the day lower. OMFianncial reports:
NZUs bounce off $2.90
14 Mar 2014
Carbon bounced back toward $3 today as some took advantage of recent lows. OMFinancial reports:
NZUs trade below $3
13 Mar 2014
NZUs closed at $2.90 on reasonable volume yesterday. OMFinancial reports:
NZUs trade at $3 and may test high $2s
12 Mar 2014
The market dealt $3 yesterday for nearly 100k. OMFinancial reports:
Spot NZUs attract good volumes
10 Mar 2014
NZUs remain very well bid and offered. OMFianncial reports:
Carbon credit trading close to 12 million
7 Mar 2014
Nearly 12 million carbon credits were traded on the domestic carbon market last month.
What's happening on international markets
7 Mar 2014
Westpac traders take a look at developments in international carbon market:.
Stand-off sets in on the spot market
7 Mar 2014
We are seeing a classic Mexican standoff in the spot NZU market -100K on the offer at $3.10, facing similar bids at $3.05. OMFinancial reports:
NZUs well-supported at $3
6 Mar 2014
Smalls traded in NZUs yesterday; the bid and offer have healthy volumes at present. OMFinancial reports.
Climate change policy moving to new mega-ministry
Wed 17 Dec 2025
By Pattrick Smellie | The Government’s primary adviser on climate change policy, the Ministry for the Environment, is to be folded into a new mega-agency that will also cover urban, transport, local government and housing.
NZ hydrogen regulation to catch up with the world
Thu 18 Dec 2025
By Pattrick Smellie | The government has announced a regulatory reset for New Zealand’s emerging clean tech hydrogen sector.
Farm-level emissions cuts possible, but almost everything stands in the way
Thu 18 Dec 2025
By Shannon Morris-Williams | Progress to slash farming emissions is being blocked by limited farmer confidence in mitigation tools, inconsistent engagement, misinformation and a lack of clear policy signals, according to a new report.
Transport dominates NZ’s rising consumer emissions
10 Dec 2025
By Shannon Morris-Williams | Transport pollution was the biggest contributor to an increase in New Zealand’s consumption-based emissions in 2023, with emissions from household travel up 12%, and consumption-based emissions totalling 58.3 million tonnes – up 1.6% from the previous year.
NZ could become ‘dumping ground’ for dirty vehicles: Commissioner
Tue 16 Dec 2025
By Liz Kivi | Simon Upton, Parliamentary Commissioner for the Environment, has warned the Government that its changes to the clean car standard could turn the country into a dumping ground for high emitting cars, making future emissions budgets harder to achieve.
Uncertainty eroding confidence in forestry sector
5 Dec 2025
By Shannon Morris-Williams | Warnings are mounting that tree planting is set to plunge to “very close to zero”, as new Ministry for Primary Industries data shows ETS registration applications falling sharply as confidence in forestry declines.
Investors must support positive climate-tech
28 Nov 2025
OPINION: We need better leadership than the current ‘climate opportunism’ that is rife in the Beehive, and we need to back a marketplace that will make it happen, writes Rob Campbell.
