Markets: All stories
Carbon not quite a cot case yet
26 Oct 2012
The Emissions Trading Scheme has been described recently as comatose and on a stretcher, says Carbon Market Solutions.
Voluntary units like gold on messy market
12 Oct 2012
Carbon prices in the compliance markets might be languishing in the $3-a-tonne range, but the price of voluntary units is on the rise.
Why is our approach so different?
12 Oct 2012
There's more bearishness out of Europe over the price of UN offsets, despite some analysts revising their expected forecasts for European Union Allowances upwards, CARBON MATCH says.
Fundamentals 'too nauseating to contemplate'
12 Oct 2012
The European carbon market appears quite directionless at present like a boxer hit too many times in the head, says OMFinancial.
Local market awaits the politicians
12 Oct 2012
Trading in local units has been sidelined on the week, with the market clearly waiting for the Finance and Expenditure Select Committee’s report back to Parliament next Wednesday, Westpac reports.
Which way will landowners go?
5 Oct 2012
In 2008, when the Emission Trading Scheme legislation was passed, a lot of attention was focused on those forest owners who still intended to change land use from forest to agriculture, Carbon Market Solutions says.
NZUs ignored, says trader
5 Oct 2012
European carbon was firm for most of the session last night, with a very firm oil lending support on the back of Syrian/Turkey tensions, OMFinancial reports.
Market weakens on news of February vote in EU ETS
5 Oct 2012
European carbon prices started the week in a consolidation mode, before getting hit pretty hard overnight on Tuesday, Westpac says.
The case for UN offsets
28 Sep 2012
For the record, OMFinancial is not against having UN offsets in New Zealand's Emissions Trading Scheme, the brokerage says.
Prices stage a rally ... of sorts
28 Sep 2012
Despite carbon prices remaining at extreme low levels, the overall market has seen a rally of sorts, Westpac reports.
Trader warns of carbon unit avalanche
21 Sep 2012
Billions of cheap carbon units are bound for New Zealand – enough to meet the country’s carbon obligations for decades, Parliament has been warned.
Weak rally as carbon prices struggle
21 Sep 2012
Carbon prices continue to tumble, falling more than 20 per cent over the past week.
Permit supply hopes firm prices
21 Sep 2012
Carbon has firmed again overnight on renewed optimism that a solution and an agreement would happen in regard to reducing permit supply, OMFinancial reports.
Bernanke move slows market
14 Sep 2012
The market spent most of the day in positive territory, only to sell off late, in the face of a turn in energy markets and the prospect of United States Federal Reserve chaiman Ben Bernanke speaking about further monetary easing, OMFinancial reports.
Beware the carbon cowboys
14 Sep 2012
When times get tough, usually those on the fringes of reputable commodity transactions fall away, only to begin a new life when a new commodity emerges - often seeking recognition and credibility in the new environment, says Carbon Market Solutions.
NZUs down in line with European prices
14 Sep 2012
European carbon offsets have continued to fall, down around 30 per cent now since the beginning of the month, Westpac reports.
It's raining ERUs ...
7 Sep 2012
It was another night of contrasts; CERs and ERUs smashed and EUAs managing a small gain, OMFinancial reports.
NZUs hit barrier at $5
7 Sep 2012
Local market trading over the week has occurred in range-bound markets, Westpac reports.
Was that the sound of a slamming door?
31 Aug 2012
The announcement this week by Australia’s Climate Change Minister, Greg Combet, of an arrangement between Australia and the European Commission whereby the Australian Carbon Pricing Mechanism is to be linked to the EU ETS sounds like an announcement for carbon traders to celebrate Christmas early, says Carbon Market Solutions.
Sell-off catches traders by surprise
31 Aug 2012
A large issuance of Industrial Gas CERs saw the market sell-off last night, catching traders by surprise, OMFinancial reports.
Australian/European linkage causes spike
31 Aug 2012
Carbon markets started the week on a quiet note, with British markets closed on Monday for the final summer bank holiday of the year.
CERs continue to firm
24 Aug 2012
A firm energy market, especially in oil and German power, supported the carbon complex last night.
Regional market will happen ... some day
17 Aug 2012
An Asia-Pacific regional carbon market is inevitable, eventually, says carbon trader Nigel Brunel.
Missed opportunity to invest in NZ
17 Aug 2012
Since the Government’s July Emissions Trading Scheme announcements (a U-turn on a previously announced plan to introduce some sort of restriction on international units) the New Zealand carbon market has slowly, but surely, collapsed, says Carbon Match's Lizzie Chambers.
NZUs 'unloved and expensive'
17 Aug 2012
European carbon firmed last night, but is clearly exhibiting a range trading market, OMFinancial reports.
Olympics first ... carbon market second
10 Aug 2012
London’s Olympic Games and Europe’s summer holidays are combining to depress activity in the carbon market.
NZ carbon attractively priced
10 Aug 2012
It is clear we are going to trade a range for the next few weeks, OM Financial reports.
Plenty of cheap ERUs in Europe
10 Aug 2012
International offsets remain pressured, with CERs continuing to suffer as ERUs remain cheaper and in plentiful supply for European emitters, Westpac reports.
A good word to use is languish ...
3 Aug 2012
Do we really want to know what is going on with the carbon markets in Europe and elsewhere, Carbon Market Solutions asks.
NZUs now the 'wallflower' at the carbon dance
3 Aug 2012
The European carbon market moved higher overnight, in spite of weaker energy markets, OMFinancial reports.
New lows for European carbon
3 Aug 2012
European carbon allowances fell further early this week following the release from the European Commission on its proposed changes to the EU ETS on the 25th July, Westpac reports.
Little interest in NZUs
27 Jul 2012
Last night’s offshore trading session saw international carbon prices firm following the sell off seen on Wednesday, Westpac reports.
Switch NZUS for ERUs
27 Jul 2012
Carbon was defensive early, but finished with underlying strength and momentum after ECB President Mario Draghi pledged to do whatever it takes to support the Euro, OMFinancial says.
Down, down, down ... carbon hits new low
20 Jul 2012
Global carbon prices are at an all-time low and are expected to go lower.
Market smacked
20 Jul 2012
The European market fell again last night as the permit delay appears to be headed for a quagmire.
Time for a green tariff?
13 Jul 2012
A “green” tariff for electricity (also known as a “feed-in” tariff in other countries) is an economic incentive provided by a government for those identified sectors or project developments to “get over the line” in terms of financial viability and to help them to compete with more traditional forms of fossil fuel electricity generation, Carbon Market Solutions says.
Emitters choose to pay $2.5 million
6 Jul 2012
Some New Zealand emitters chose to pay the Government $25 per tonne of emissions rather than use cheap carbon credits to meet their obligations.
Carbon forestry in hibernation
6 Jul 2012
The announcement from Government on the review undertaken in 2011 on the Emissions Trading Scheme will provide a continuation of the status quo for the next two years, and reveals fundamentally good sense, given current economic conditions, but also dismisses perhaps a good opportunity to prove to the rest of the world that New Zealand Inc could have been enhanced upon a shift toward a low-carbon high-primary-production future, Carbon Market Solutions says.
Eyes on the prize
6 Jul 2012
The European Central Bank cut 25 points, China had a surprise rate cut, and the Bank of England starts another 50 billion of quantative easing, OMFinancial says.
EPA must report today on carbon
29 Jun 2012
Details about the past year’s carbon trading activities in New Zealand will be available later today.
Don't trade in the Holden on a push bike
29 Jun 2012
Twenty years after he attended the Rio Earth Summit, Carbon Market Solutions' Wayne King looks at progress and hopes for the future:
Europe holds in the face of weaker energy markets
29 Jun 2012
CERs edged up again last night, albeit on limited volume and in the face of weaker energy markets, OMFinancial reports.
Why the lag in alternative energy progress?
22 Jun 2012
The government, having won the last election, believes that it now has an overwhelming mandate to offer a range of State-owned enterprises to the market in order for it to capture revenues that will assist economic growth up until at least 2014, Carbon Market Solutions says.
Little supply but prices look better
22 Jun 2012
NZU prices rose over the week, following European allowances higher, Westpac reports.
Sailing along on a sea of red
22 Jun 2012
Another day of consolidation for European carbon markets, but given the weakness across global markets carbon is holding up well after a run of nearly 20 per cent in a fortnight.
Three years ... and not much has changed
15 Jun 2012
Last year, we said that one of the critical features for a mature carbon market to develop was the issue of transparency, meaning that when we have liquidity and transparency, we can say quietly and confidently that the carbon markets in New Zealand are functioning well for all stakeholders.
Rumours close European market higher
15 Jun 2012
The European market edged up again last night as news filtered out that European Commission was drafting proposals to delay the auctioning of between 400 million and 1.2 billion permits.
All quiet on the carbon front
15 Jun 2012
It’s been another quiet week on the NZU front, with prices spending most of the week around the $6 mark, Westpac reports.