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Crucial soft launch for TZ1’s new registry

8 Apr 2008

TZ1 ... no confirmation of Carbon News estimates of low 100m unit annual volume
TZ1 ... no confirmation of Carbon News estimates of low 100m unit annual volume

There will be no great media event when the New Zealand Stock Exchange (NZX) launches its Time Zone One (TZ1) carbon exchange registry this month, with chief executive Mark Franklin expecting initial volumes to be slow, especially in New Zealand-sourced credits.

Franklin was unable to give an estimate of the number of transactions TZ1 would expect daily – the NZX handles about 42m share trades a day – and could not comment on Carbon News’ estimates that over the first Kyoto period New Zealand-sourced credits will be more-or-less in balance, with demand and supply both being in the region of 100m units.


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Story copyright © Carbon News 2008

Related Topics:   Kyoto

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‘Plain old dull’: NZU market continues to limp sideways

Fri 24 Oct 2025

By Liz Kivi | The NZU market has been “plain old dull” in recent months, with activity driven mainly by credit opportunities or a specific need to raise cash, according to Lizzie Chambers of trading platform Carbon Match.

Will govt’s light touch approach lead to higher carbon prices?

3 Oct 2025

By Liz Kivi | Carbon market watchers are hoping the government’s plan for the electricity sector will eventually lead to higher carbon prices, with the secondary market still trading sideways for the longest time in its history.

Carbon price steady after failed quarterly auction

16 Sep 2025

By Liz Kivi | The carbon price has continued to trade in its familiar moribund range in the high $50s following last week’s failed quarterly auction, with ample supply still trading on the secondary market at about $10 below this year’s $68 auction floor.

Carbon market still weak despite govt confirming tighter auction supply

28 Aug 2025

By Liz Kivi | The government’s commitment to keeping Emissions Trading Scheme auction volumes tight to 2030 has done little to buoy carbon prices, with an underwhelming response from the market following last week’s announcement.

Carbon prices slide as market awaits ETS decision

1 Aug 2025

By Liz Kivi | Volatility has returned to the secondary carbon market, with prices sliding again after plateauing in recent weeks, as the market waits for government decisions on Emissions Trading Scheme settings.

NZ voluntary carbon market’s sad state

14 Jul 2025

By John O’Brien | OPINION: A combination of scandals, challenging economic times, and cheaper offshore carbon credits, mean that the domestic voluntary carbon market in New Zealand remains absolutely tiny.

Bearish sentiment lingers for carbon market

11 Jul 2025

By Liz Kivi | The compliance carbon market could be set for a gradual upward trajectory, however unsold volume from the quarterly Emissions Trading Scheme auctions continues to act as ‘a price ceiling,’ according to an expert.

Carbon credits stockpile down: latest figures

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.

Carbon price grinds higher - where to from now?

30 Jun 2025

By Liz Kivi | The carbon price has continued to grind slowly higher since this month’s failed auction, with prices at their highest since March, although still languishing well below this year’s auction floor price.

Carbon auction fails again

18 Jun 2025

By Liz Kivi | As predicted, today’s carbon auction failed to attract any bidders, with the secondary market languishing at nearly 20% below the minimum auction price.

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