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Ministers defend ETS changes

Today 11:30am

Prime Minister Christopher Luxon
Prime Minister Christopher Luxon

By Pattrick Smellie

Government ministers insist climate change policy decisions that have depressed the New Zealand carbon price were necessary changes that cannot be compared to “a lot of fiddling” by the previous government.

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Story copyright © Carbon News 2025

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CARBON PRICE

Today 11:30am

Exclusively for subscribers, the Carbon News NZU Index tracks daily movements in the compliance carbon market across multiple trading platforms.

Undermining the ETS is poor policy – Mindful Money

Fri 7 Nov 2025

Politicising settings for the Emissions Trading Scheme creates uncertainty for investors at a time when we need clear and stable policy, says Mindful Money's Barry Coates.

Carbon market tanks off the back of Govt’s proposed climate law changes

Thu 6 Nov 2025

By Liz Kivi | Secondary market prices dropped 20% in early morning compliance carbon trading yesterday, as the market woke up to Tuesday’s late-breaking government announcement of proposed law changes to climate policy.

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.

Boost for voluntary carbon markets in Watts’ surprise package

Wed 5 Nov 2025

By Pattrick Smellie | Voluntary carbon market development gets a solid push in the package of climate change legislative reforms dropped by Climate Change Minister Simon Watts early last evening.

Climate Change Minister Simon Watts was sent the letter on Friday.

Govt delays will damage carbon market confidence, experts warn

4 Nov 2025

By Liz Kivi | Emissions Trading Scheme experts have warned the Government that its move to delay decisions on the country’s emissions budgets will further undermine confidence in an already weak carbon market.

Carbon price drops, now trading 30% below auction floor

3 Nov 2025

By Liz Kivi | Secondary carbon market prices took a sharp downward turn last week, with traders blaming a continued lack of interest from buyers.

Matthew Cowie, climate change and sustainability services at EY

Taxonomy seen as key to shaping NZ’s voluntary nature credit market

30 Oct 2025

By Shannon Morris-Williams | Experts say aligning the New Zealand Sustainable Finance Taxonomy with the development of voluntary nature credit markets could strengthen credibility, streamline investment, and support high-integrity environmental outcomes.

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

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.

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