Markets: All stories
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.
No danger of Australia leading the world
27 May 2011
A common argument used by people in NZ and in other countries to avoid becoming involved in climate change mitigation and carbon pricing is the”why should we lead the world on this issue” argument.
Vanadium … the best thing since lithium
27 May 2011
By NICK HODGE, Energy and Capital editor. The next series of planes commissioned by the Pentagon will not have pilots.
NZU price drops on murky market
27 May 2011
The NZU price has softened again this week, with prices slipping a further $0.20 amidst an increasingly murky market backdrop, Westpac reports.
Weaker NZUs demand comes as surprise
20 May 2011
Demand for NZUs appears to have weakened in the past seven days.
NZUs slip further
20 May 2011
A far cry from the flurry of NZU buying that was anticipated heading into the May 31 surrender date, the NZU market has slipped further this week on light volumes, Westpac reports.
Game-changing events on the horizon
20 May 2011
The theme of last week has continued; the spot NZU market has traded a very tight range on very little volume, OMFinancial reports.
Forest credits near nine million mark
13 May 2011
Nearly nine million NZUs have been issued for carbon stored in post-1989 forests last year.
Market eyes Japan's nuclear plans
13 May 2011
Will Japan’s nuclear policy announcement keep NZU prices up? asks Carbon Market Solutions.
Why the ETS needs transparency
6 May 2011
Is the ETS a mature market yet? asks Carbon Market Solutions.
Prices creep higher
6 May 2011
Prices for NZUs have moved slowly higher this week, with several buyers transacting ahead of the May 31 surrender date, Westpac reports.
ETS review predictable so far
29 Apr 2011
With the findings of the ETS Review due out in June, the consultation phase of the review is has drawn to a close.
Stable week for NZUs
29 Apr 2011
Another short week has seen continued stability in the NZU price, and trading remains sub-$20.50, Westpac reports.
Buy carbon, says OMF
29 Apr 2011
Locally, pressure continues to build in the NZU market, OMFinancial reports.
China on a clean energy roll
21 Apr 2011
China, the world’s biggest emitter, continues to power ahead in the green revolution, and has topped the Pew Environment Group's clean energy investment rankings for 2010.
Looming surrender date affects prices
21 Apr 2011
NZUs again traded in the low-to-mid $20s, failing to break through either $20 or $20.50, Westpac reports.
NZUs are going cheap
21 Apr 2011
The New Zealand carbon market has continued to trade a range this week, but it feels like it’s going to move higher in the short to medium term, driven by onshore and offshore factors.
Geo-engineering might best be done by UN
15 Apr 2011
The Guardian newspaper recently published comments by Professor David G Victor suggesting that the United Nations will never be able to halt climate change.
CERs 'out of the equation'
15 Apr 2011
The NZU price has remained stable this week, trading in a range between NZD20 and NZD20.50, Westpac reports.
Mexican standoff continues
15 Apr 2011
Moribund would be one word to describe the New Zealand carbon market this week, OMFinancial reports.
Ban gas CERs or wreck market, says trader
8 Apr 2011
The price of carbon in New Zealand will crash if industrial gas CERs are not banned from the Emissions Trading Scheme from 2013, a trader is warning.
Forest owners will get 9m carbon credits
8 Apr 2011
The Government will issue more than nine million carbon credits to the owners of post-1989 forests this year.
Westpac: What happens after 2012?
8 Apr 2011
Uncertainty about the future shape of the Emissions Trading Scheme will affect future prices, Westpac says.
Firms under pressure to manage carbon
8 Apr 2011
Companies are facing increasing pressure from shareholders, employees, competitors, and consumers to put in place strategies to manage carbon, Carbon Market Solutions reports.
No softening in price of NZUs
8 Apr 2011
The NZU price has consolidated this week, again trading in the low-to-mid $20s, Westpac reports.
A quiet week, but long-term outlook for higher carbon prices
8 Apr 2011
A quiet week for NZUs, with prices trading a $20.15 to $20.30 range, OMFinancial reports.
EU emissary talks aviation
1 Apr 2011
Jill Duggan, who has been instrumental in the set up of the European ETS, spoke to a number of New Zealand audiences this week, offering some interesting insights into the future of emissions trading, CMS reports.
NZ carbon consolidating
1 Apr 2011
The NZU price has traded in the mid-to-low $20s this week in small volumes.
NZUs only credit in frame for emitters
1 Apr 2011
The NZU market consolidated further this week; spot volumes were very light and most of the trading activity was around $20.20, OMFinancial reports.