Markets: All stories
NZUs on a high
20 Sep 2013
Spot NZUs look to close the week at the high for the year. OMFinancial reports:
Are we doing our bit? It seems not
20 Sep 2013
Our previous opinion piece considered the increasing impacts of climate change on small island countries, such as our Pacific neighbours, but which also apply to other small island countries such as those in the Caribbean, and also to low-lying coastal areas.
Crunching the numbers
20 Sep 2013
Westpac takes a look at the Ministry for the Environment's 2012 Facts and Figures report on the Emissions Trading Scheme, and analyses the potential impact on prices.
Market heads higher
13 Sep 2013
Nearly 100k of NZU spot traded at $4.00 yesterday as the market went from $4 offered to $4 bid. OMFinancial reports:
NZUs higher in light trading
6 Sep 2013
Spot NZUs closed higher yesterday as selling dissipated and the bid tone returned. OMFinancial reports:
Banker cautious in face of jumpy market
30 Aug 2013
Carbon has been so volatile this week that for several days Westpac did not publish prices.
ANALYSIS: Australians' vote will affect carbon market
30 Aug 2013
The 2013 Federal Election in Australia will have a significant impact on Australian carbon markets, regardless of who wins, Westpac says.
Why the Pacific problem will not go away
30 Aug 2013
While we here in New Zealand are worried about our pay checks and the next iphone due to emerge shortly, some thought needs to go out to our Pacific neighbours, says Carbon Market Solutions.
Spot NZUs hold and forward curve tightens
30 Aug 2013
Spot NZUs closed at $4.50 yesterday; it was reasonably well bid at $4.50 and was given there on the close. OMFinancial reports:
NZUs on path to $5
23 Aug 2013
Spot NZUs have at a 22-month high - and are predicted to hit $5 before long.
NZUs owners hang on for $7 a tonne
23 Aug 2013
Holders of NZUs are holding out for $7 a tonne, says OMFinancial carbon chief Nigel Brunel.
Prices firming in Europe
23 Aug 2013
So much for our call the European market would correct; it has continued to firm.
NZUs rally but volume still light
23 Aug 2013
Over the past two weeks the New Zealand Unit (NZU) price has traded from mid NZD2s to over NZD5, Westpac reports.
Australia draws the battle lines
16 Aug 2013
There’s a carbon battle going on over the Tasman in the lead-up to that country’s general election.
Low volumes, but market buoyant
16 Aug 2013
European carbon remains buoyant ahead of a holiday across much of Europe today. OMFinancial reports:
NZ market firm
15 Aug 2013
European carbon remains buoyant ahead of a holiday across much of Europe tomorrow, OMF reports.
Support grows for restrictions
9 Aug 2013
In addition to Labour MP Moana Mackey’s bill, sitting in the ballot box waiting to be drawn, there is a growing chorus of support for partially restricting the use of ERUs and CERs in the New Zealand ETS from now. OMFinancial reports:
Aussie emitters await election outcome
9 Aug 2013
Australia's Federal election has been September 7 and the outcome will determine the fate of the Carbon Price Mechanism, but in the meantime, the business of compliance goes on. Westpac reports:
Supply down, prices up
2 Aug 2013
Supply of ERUs has dried up over the past couple of weeks so prices have moved higher. OMFinancial reports:
European carbon extends gains
26 Jul 2013
The European market is having a stellar run, in particular EUAs, which had their ninth straight gain, something that hasn’t been seen for five years. OMFinancial reports:
EUAs hit three-week high
26 Jul 2013
European carbon prices are firmer across the board this week, with Dec13 EUAs, ERUs and CERs all stronger, Westpac reports.
Carbon market intelligence for everyone for just $500!
19 Jul 2013
Strictly limited time offer: Access for everyone – for just $500!
Light trading in EUAs
12 Jul 2013
EUAs closed down 6 per cent for the week, as light volumes and a lack of buying activity from the utilities saw the market give back all the gains made since the market intervention plan was backed by the European Union Parliament, OMFinancial reports.
Wild swings as EU votes for backloading
5 Jul 2013
European carbon corrected overnight with December 2013 EUAs settling at €4.55, down 14 cents, OMFinancial reports.
EU vote another step on the journey
5 Jul 2013
Backloading, Europe’s much-discussed and debated solution to a market weighed down by a glut of excess permits passed its biggest hurdle yet this week, with the European Union’s Parliament voting in favour of the proposal.
EUAs behave as backloading looms
28 Jun 2013
It’s no surprise that EUAs have corrected further given that only the first corner on the backloading proposal has been past, says OMFinancial.
Big news from the US, Australia
28 Jun 2013
There have been significant policy developments over the past week in the global emissions arena, Westpac reports.
Bull trend in NZUs?
28 Jun 2013
NZUs hit a six month high yesterday of $2.50 – and now there is debate about whether this is just a speculative led low volume rally with no substance or the start of a bull trend. OMFinancial reports:
Europe traders take another look
21 Jun 2013
European carbon consolidated overnight as traders squared positions and take a relook at the market.
Is there something we haven't been told?
14 Jun 2013
Carbon Market Solutions asks as to consider a situation now confronting many forest owners who opted into the Emissions Trading Scheme:
Profit-taking comes as no surprise
14 Jun 2013
European carbon corrected overnight, with EUAs for December 2013 delivery closing down 9 cents to €4.41, OMFinancial reports.
Carbon prices continue Europe rally
7 Jun 2013
Carbon prices in the EU have continued their climb as permits have risen 2.1 per cent in value to close at seven-week highs, says OMFinancial.
Tread carefully, these consumers can bite
31 May 2013
By editor ADELIA HALLETT. The power of the consumer has been demonstrated twice in New Zealand this week, with ramifications for business.
Travel firm glad it went green
31 May 2013
A pioneer of sustainable travel in New Zealand says that the move has been good for business.
NZUs at $2 good to collect
24 May 2013
OMFinancial reports a good supply of NZUs at present - in the vicinity of 200,000 spot at $2 and 100,000 May 2014 at $2.20.
Buy shares … and turn the heater off
17 May 2013
When Labour and the Greens presented their energy policy aimed at restraining the ever- increasing electricity price, they were derided by all and sundry, including the Prime Minister, says Carbon Market Solutions.
Carbon markets must get ready to grow
17 May 2013
According to Reuters, the number of EUAs floating about in the European Carbon market doubled betwen 2011 and 2012.
Take the cash ... it's free
10 May 2013
EITEs would be wise to swap for Green ERUs all of the “free” NZUs coming to them in 2013 and 2014.
Interesting price action overnight
3 May 2013
December 2013 EUAs rallied €0.18 cents to settle at €3.09 overnight, in spite of German power hitting an eight-year low and other energy markets like oil weaker, OMFiancial reports.
No surprise as industrial CERs hit 1c
26 Apr 2013
Carbon prices have found a new international low – 1 cent a tonne.
Say what you think ... and win some wine
19 Apr 2013
Today’s the last chance to have your say in Carbon Match’s survey on the outlook for the carbon market in New Zealand.
Utilities buy ailing European carbon
19 Apr 2013
European carbon bounced overnight as utilities stepped into the market and took advantage of historically low prices, OMFinancial reports.
Spot NZUs steadying in $2 zone
12 Apr 2013
After dipping into the $1.50 range earlier this year, the domestic carbon credits have held above the $2 mark for a month.
Renewable energy can be a reality in Pacific
5 Apr 2013
Just over a week ago the Pacific Energy Summit was held in Auckland attended by a large number of energy stakeholders including Pacific Islands government delegations headed by leaders, as well as participants from development partners such as the European Union, Australia, New Zealand, the US, Japan and other countries.
Why you should dump Green CERs
5 Apr 2013
The question has to be asked: How can a Green CER trade at €0.30+ cents when an ERU is sub €0.10 cents?