Markets: All stories
Prices choppy - and likely to remain so
19 Aug 2011
We have seen reasonable volatility in the NZ carbon market this week, with prices moving +/- 3 per centon at least three days.
The situation will improve ... sometime
19 Aug 2011
Instability in the global economy has seen the international price of carbon drop to one of its lowest points in almost three years, so what does the future hold? Carbon Market Solutions asks.
NZUs remain at premium over CERs
19 Aug 2011
NZUs recovered further through the week, with spot moving above $15 and trading seen in March 2012 & March 2013 forwards.
Government hints at controls on CERs
12 Aug 2011
CERs might not be accepted into the Emissions Trading Scheme after next year.
ETS report has a couple of surprises
12 Aug 2011
The Environment Ministry report on the Emissions Trading Scheme contains two surprising statistics – the number of CERs submitted for compliance, and the low number of applications for pre-1990 allocations, says Carbon Market Solutions.
At last, a little light relief
12 Aug 2011
It's better news for NZU sellers this week, as carbon prices have had a substantial correction, with NZD CERs above $15, Westpac says.
Carbon recovers - but medium-term outlook not good
12 Aug 2011
After trading in the low $13s at the beginning of the week, NZUs recovered back over the $14 level albeit on extremely light trading.
Emitters bank millions from carbon collapse
5 Aug 2011
New Zealand emitters are making millions of dollars from collapsing carbon prices by buying cheap international credits while still charging consumers full whack.
Ministers eye 2015 for Tasman market
5 Aug 2011
New Zealand and Australia are working toward a trans-Tasman carbon market from 2015.
Carbon sheds $2
5 Aug 2011
The spot and Dec 11 NZDCER closed below NZD14 last night (mid $13s), and we're expecting to see the local unit trade in the NZD13s today.
NZUs break below $14
5 Aug 2011
The NZU price has fallen literally fallen off a cliff – the price for spot NZUs was over $18 a tonne in mid-July and less than three weeks later we are below $14.
Are land prices too high for carbon investment?
29 Jul 2011
Carbon Forests are a low-cost, low-maintenance alternative or enhancement to traditional livestock farming or traditional commercial forestry, but high land prices make it marginal at best, says Carbon Market Solutions.
CERs still the unit of choice
29 Jul 2011
The week began slowly for NZ carbon, with the European Union Commission's plans to bail out Greece providing a little reprieve from the global debt crisis, Westpac reports.
NZU trading grinds to a trickle
29 Jul 2011
Trading in NZUs has virtually come to a halt, OMFinancial says.
CERs find buyers below NZU mark
22 Jul 2011
CERs traded below NZUs this week on the Carbon Match trading platform.
What's in the Australian carbon tax for New Zealand?
22 Jul 2011
Carbon Market Solutions director Wayne King takes a close look at the latest carbon reduction scheme proposed for Australia:
NZUs bounce from low $16s
22 Jul 2011
In what was a very low volume week, spot NZUs found support in the low to mid $16s as Global carbon prices halted their free fall and consolidated their losses, OMFinancial reports.
Sedate prices for NZ carbon
22 Jul 2011
It has been a quieter week for carbon prices this week, with carbon units trading in a relatively sedate $16.40 to $16.90 range on light volume, Westpac reports.
Europe woos NZ emitters as local price slumps
15 Jul 2011
New Zealand emitters are buying European carbon while local foresters hold out for higher prices.
Why it's better to sell NZUs at home
15 Jul 2011
Carbon Market Solutions says it has had a number of clients asking if they are able sell NZUs overseas.
Some trading, but prices on the slide
15 Jul 2011
NZU prices have continued their slide this week, with market activity in a range $16.50 to $18, Westpac reports.
The market is over-sold, says OMF
15 Jul 2011
Spot NZUs continue to be under pressure, trading around the low $17 level, OMFinancial reports.
Trader claims NZ's biggest carbon deal
8 Jul 2011
A company that supplies bulk carbon credits directly to large energy companies says it has done the biggest carbon deal in New Zealand history.
Big is not always best
8 Jul 2011
The New Zealand Government has set a target of a 50 per cent reduction in greenhouse gas emissions from 1990 levels by 2050, reports Carbon Market Solutions.
A slow week on the NZU market
8 Jul 2011
NZUs have traded in an $18 to $19 range (spot equivalent) this week as the the NZD CER price hovers in the low $19s, acting as the effective cap on NZU prices, Westpac reports.
NZUs look to retest the $18 level
8 Jul 2011
Spot NZUs will retest the $18 level today following further weakness in Europe, OMFinancial reports.
Govt releases first industrial emissions returns
1 Jul 2011
Emitters covered by the Emissions Trading Scheme have surrendered 8.3 million tonnes of carbon credits.
NZU prices struggle to hold around $18
1 Jul 2011
Carbon is hovering around the $18 mark as local players watch volatility in the European market.
Europe collapse rocks NZ prices
1 Jul 2011
The spot NZU prices melted through the week, after European carbon collapsed on the back of the situation in Greece and concerns over the integrity of the EU emissions trading scheme, OMFinancial reports.
Market confusion sees prices at a low
1 Jul 2011
Global carbon prices have dropped significantly amidst Greece’s debt crisis, a lack of progress at climate change talks in Bonn, and deeper carbon dioxide cuts for the European Union, Carbon Market Solutions reports.
International price plunge slows
1 Jul 2011
The downward spiral of international carbon has slowed this week, with NZD CERs finding some support at NZD17 to NZD18 - at least in the meantime, Westpac says.
Carbon price set to follow fall in Europe
24 Jun 2011
New Zealand carbon prices are expected to head down today on the back of substantial falls in Europe overnight.
Business grows for busy market pioneer
24 Jun 2011
A carbon market pioneer is doubling the size of its carbon desk after three years of operation.
How they're stealing OPEC's trillion-dollar profits
24 Jun 2011
By Keith Kohl , of Energy & Capital. As if we didn't have enough anger towards OPEC, the trillion dollars they'll make this year from oil exports takes our ire to a whole new level.
All's not well after Bonn climate talks
24 Jun 2011
A two-week United Nations Framework Convention on Climate Change meeting held in Bonn, Germany, this month drew 3500 people representing 190 nations, Carbon Market Solutions reports.
At these levels, you have to start buying
24 Jun 2011
The local carbon market continues to fall in sympathy with European carbon prices, though the majority of NZU owners are baulking at selling at these levels, OMFinancial reports.
It's all one way ... down
24 Jun 2011
The past week has been one-way traffic for carbon prices, with both NZU and CER prices falling to six-month lows in New Zealand dollar terms, Westpac reports.
NZUs look to retest the $18 level
24 Jun 2011
Spot NZUs will retest the $18 level today following further weakness in Europe, OMFinancial reports.
World Bank tracks stalled carbon market
17 Jun 2011
The international carbon market stalled at $US142 billion last year, after five years of growth.
Wind generation needs a helping hand
17 Jun 2011
New Zealand this week celebrated Global Wind Day for the first time.
Lack of demand drops NZU prices
17 Jun 2011
The buyer-seller stalemate was broken this week, with a flurry of activity causing the NZU price to move lower, Westpac reports.
Headwinds for New Zealand carbon
17 Jun 2011
The spot NZU market has weakened in line with global carbon prices through the week and traded to the mid $19s, says OMFinancial.
BNZ intends to join carbon market
10 Jun 2011
The BNZ bank says it will enter the New Zealand carbon market later this year.
New trading platform handles big deal
10 Jun 2011
Carbon-trading newcomer Carbon Match has done its biggest trade to date.
We might have to live with a Kyoto gap
10 Jun 2011
We have been struck by the current lack of optimism about securing a successor to the 1997 Kyoto Protocol.
Market settles into Mexican stand-off
10 Jun 2011
The past few weeks in the NZU market can best be described as lacklustre, Westpac reports.
Little demand on spot market
10 Jun 2011
Another quiet week trading-wise for the NZUs as prices hold a tight range, $19.65 to $19.85, on light volume, OMFinancial reports.
Hopes dim for safe emissions levels
3 Jun 2011
Greenhouse gas emissions increased by a record amount last year, to the highest carbon output in history, putting hopes of holding global warming to safe levels all but out of reach, according to unpublished estimates from the International Energy Agency, says Carbon Market Solutions.
Slow market waits for new direction
3 Jun 2011
The NZU market has been fairly subdued this week as participants wait for a new, clear signal to drive the market forward, Westpac reports.
Surrender date passes without a whimper
3 Jun 2011
Another quiet week trading-wise for the NZU; prices slipped under $20 per tonne but trading was light, OMFinancial reports.
Carbon credits stockpile down: latest figures
Mon 7 Jul 2025
By Liz Kivi | The number of NZUs held in private accounts, often called "the stockpile", dropped 11 million tonnes in the past year, according to the latest figures.
