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Ukraine invasion sees NZ carbon price nose-dive

10 Mar 2022

 

 

THE price of carbon on the New Zealand spot market has nose-dived from a high of $86.25 last month to just $70.25 at the close of trading yesterday

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Story copyright © Carbon News 2022

Related Topics:   Carbon prices NZ ETS

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Kiwi startup takes on global plastic pollution

Today 11:30am

A New Zealand startup is launching what it says is the world’s first plastic-free effervescent drink tablet, with the ambitious aim of eliminating bottled beverages to reduce global plastic pollution.

Climate change linked to decline in southern right whale

Today 11:30am

Scientists in Australia are warning southern right whales are showing signs of climate-related stress, just days after a Green Party Member’s Bill was introduced in New Zealand proposing legal personhood for whales.

January floods driven by tropical systems and La Niña conditions

Today 11:30am

Record-breaking rainfall across parts of Aotearoa in January was fuelled by tropical moisture and persistent low-pressure systems, with some regions recording more than five times their normal monthly rainfall, Earth Sciences New Zealand says.

Punaruku stream

Te Araroa residents on edge over clogged stream and incoming Gisborne rain

Today 11:30am

By Zita Campbell, Local Democracy Reporter | Anxiety levels are rising in storm-damaged areas of the East Coast as more rain is predicted to hit the region this week.

Karma Barnes

NZ art focussing on climate on display at Beijing Biennale

Today 11:30am

An artist responding to the consequences of climate disruption is the first New Zealander in six years to feature at the prestigious Beijing Art Biennale.

Climate Change and Energy Minister Simon Watts, left, with Resources Minister Shane Jones, centre, at a breakfast event yesterday hosted by fossil fuel lobby group Energy Resources Aotearoa

LNG plan risks fossil fuel dependency: Environment Commissioner

Wed 11 Feb 2026

By Pattrick Smellie | Importing liquefied natural gas risks creating a “new path dependency on fossil fuel” unless LNG is ring-fenced for use only in the electricity system and only during extended periods of hydro-electricity water shortages, says the Parliamentary Commissioner for the Environment, Simon Upton.

Climate Change and Energy Minister Simon Watts

Govt missing opportunity to slash electricity prices, says expert

Wed 11 Feb 2026

By Liz Kivi | The Government’s fixation on eliminating the "dry-year risk margin" as a lever to reduce costs misses a much bigger opportunity to lower electricity prices, according to Christina Hood, head of Compass Climate.

Greg Severinsen

Rushed resource management reform bills unworkable: Environmental Defence Society

Wed 11 Feb 2026

By Shannon Morris-Williams | The Environmental Defence Society says significant amendments are needed to the government’s Natural Environment and Planning Bills, warning the proposed reforms risk weakening environmental limits, public participation, and regulatory certainty.

Prime Minister Christopher Luxon and Climate Change Minister Simon Watts made the announcement yesterday.

Govt backs LNG imports

Tue 10 Feb 2026

By Pattrick Smellie | The Government will rush to put in place contracts for the construction of a liquefied natural gas import facility by mid-year, claiming it will smooth electricity price volatility and underpin investment in renewable energy projects.

LNG: a rational choice compared to unpalatable alternatives

Tue 10 Feb 2026

By Pattrick Smellie | COMMENT: By deciding to underwrite the private construction of a liquefied natural gas import facility in Taranaki, the Government has made a rational choice in favour of energy security and affordability.

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