Markets: All stories
Carbon rallies on news from Europe
28 Oct 2011
Flow and traded volume in NZUs continues to be light, as the price remains range-bound in the mid NZD 13 range, Westpac reports.
Carbon control - how it works
28 Oct 2011
In the recent review of the New Zealand Emissions Trading Scheme, the panel has recommended that an emissions-to-atmosphere approach should be introduced to the ETS rules, Carbon Market Solutions says.
Carbon heading south
21 Oct 2011
As strange as it may seem, NZUs are widening their premium over CERs, and the trend is likely to continue, says OMFinancial.
Why we need to ban industrial CERs soon
21 Oct 2011
A proposed Government ban on industrial CERs should go ahead as soon as possible, says DANIEL WATSON, of Carbon Market Solutions.
Carbon price hits all-time low
21 Oct 2011
It has been a rocky week for global carbon prices, with the CER price in EUR terms reaching new all-time lows below seven euros, Westpac reports.
Abbott will eat his words, says CMS
14 Oct 2011
The Australian emissions trading scheme legislation was passed through that country’s Federal Parliament this week, and is expected to begin being passed into law by the Senate next month.
Spooked Europe slashes carbon price
14 Oct 2011
European carbon prices hit all-time lows overnight, partly on the back of weak European financial markets, OM Financial reports.
Search starts for CDM replacement
7 Oct 2011
A new market-based mechanism is being mooted to replace the Clean Development Mechanism, Carbon Market Solutions reports.
Potential for a carbon bubble
7 Oct 2011
The marketl expects industrial gas CERs to be banned from January 1, 2013, with allowance for any forward contracts that fall within the May 31 surrender date, OMFinancial reports.
Banning industrial gas units the way to go
7 Oct 2011
Proposals to ban some industrial gas CERs from the New Zealand Emissions Trading Scheme are no surprise, having been foreshadowed in the ETS review released last month, Westpac says.
Carbon dips below $14
30 Sep 2011
New Zealand dollar carbon prices took another brief look below $14 this week, as the risk of a Greek default on debt escalated, Westpac reports.
Number of positives in ETS review
23 Sep 2011
The Government’s release of the Emissions Trading Scheme review report and recommendations last week provides an interesting basis for all interested parties to detail analysis over whether the recommendations are “good” or “bad”, Carbon Market Solutions says.
Global prices driving NZUs
23 Sep 2011
It has been another relatively quiet week for the New Zealand carbon market, with fears of a global double-dip recession continuing.
ETS review runs out of gas on CERs
16 Sep 2011
The Emissions Trading Scheme review panel has stopped short of recommending industrial gas CERs be banned from New Zealand – but only because it didn’t have time to investigate the issue thoroughly.
Climate drives transport changes
16 Sep 2011
It is hard to overlook the issue of transport in New Zealand, particularly after the shambles that was Auckland’s public transport system for the Rugby World Cup opening ceremony last Friday.
Sales light, but price improves
16 Sep 2011
NZ Carbon prices have made some gains over the week to again trade in the $15 range, although trade volumes continued to be light, Westpac reports.
Foresters shy at these prices
16 Sep 2011
We have seen a slight recovery this week in the NZU market, as European carbon and global markets bounce off their lows, OMFinancial reports.
New bank takes up carbon trading
9 Sep 2011
Another trading bank has entered the New Zealand carbon market.
Rugby World Cup more than a load of rubbish
9 Sep 2011
Visitors are arriving by air from all over the world for the Rugby World Cup that kicks off today - and the fuel consumed during these flights will generate large amounts of carbon dioxide emissions, says Carbon Market Solutions.
Few trades, fickle market
9 Sep 2011
Trading has remained fickle over the past week, with New Zealand carbon prices trading a $14.60 - $15.50 range on light volumes, Westpac reports.
NZUs are range-bound
9 Sep 2011
NZUs have held a tight range this week, between $14.50 and $15.50 as uncertainty rains in the European Carbon markets, OMFinancial reports.
Tasman carbon trade still a long way off
2 Sep 2011
Australia passed the Carbon Farming Initiative into law last week, so what potential is there for interchangeable credits with the New Zealand Emissions Trading Scheme, Carbon Market Solutions asks.
NZUs fall back toward $15
2 Sep 2011
NZUs fell back towards $15 this week - after trading over $16 at the end of last week - and continue to be led around by the European carbon market, OMFinancial reports.
NZ carbon back in the low $15s
2 Sep 2011
New Zealand carbon prices have given back much of their recent gains this week.
Trading platform offers forward carbon
26 Aug 2011
Carbon market newcomer Carbon Match is now trading forward carbon.
What China does is vitally important
26 Aug 2011
Is the world’s largest polluter doing enough to combat climate change, asks Carbon Market Solutions.
Testing time, but price improves
26 Aug 2011
Carbon continued its tentative recovery this week with the clouds of economic concern from the US/European debt woes testing buyers' nerves.
NZUs trade above $16
26 Aug 2011
NZUs continued to track CERs higher through the week, touching a high of $16.35 on spot.
Cheap carbon takes emitters on buying spree
19 Aug 2011
New Zealand emitters have taken advantage of low carbon prices to fill their obligations – in some cases as far out as 2013.
Cautious market mulls over CERs moves
19 Aug 2011
The market has reacted cautiously to hints from the Government that it might restrict the use of CERs in the New Zealand Emissions Trading Scheme after 2012.
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.