Markets: All stories
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.
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.
Another hit to market as Govt uncouples ETS from international climate target
Wed 5 Nov 2025
By Liz Kivi | The Government’s surprise move to break the connection between the Emissions Trading Scheme and New Zealand’s Paris Agreement climate target is a brutal hit to confidence in an already moribund market.
