Carbon News - Intelligence for the carbon market

New Zealand

Carbon price up 20%

6 Jun 24 - The NZU price has jumped more than 20%, up from about $45 early last week, last fixing at $56 on the Commtrade platform this morning.

Govt blamed for low carbon price

22 May 24 - By Liz Kivi | The carbon price hit a ten-month low on the secondary market on Monday, with NZUs trading at about half the price of the commodity’s all-time high of $88.50 in November 2022.

ETS consultation: ‘signal versus noise’ suggests eventual price rise

21 May 24 - By Murray McClintock | COMMENT: Although changing prices makes a good soundbite, the key driver of ETS prices is unit supply and demand.

Carbon price sinks to lowest in ten months

20 May 24 - The carbon price is down nearly 11% since last week, as the market reacts negatively to a government consultation suggesting weaker ETS settings.

Jury out on how ETS consultation will impact carbon market

16 May 24 - The government’s latest consultation on Emissions Trading Scheme settings will be difficult for the market to translate into clear positive or negative signals - with uncertainty remaining around forestry, according to an expert.

Commodities trader Marex to start carbon trading in NZ

3 May 24 - British commodities trader Marex is planning to launch a new carbon trading platform in New Zealand in the next few weeks.

Lack of policy direction to blame for low carbon price?

11 Apr 24 - The carbon price continued its post-auction slump, with weak demand seeing the secondary market trading well below the auction floor.


Carbon price makes partial recovery

25 Mar 24 - The carbon price has increased slightly from an eight-month low on Wednesday, following the government’s Emissions Trading Scheme auction, but is still trading well below the auction floor.

Carbon price nosedives following auction

21 Mar 24 - By Liz Kivi | The carbon price has dropped to its lowest since July last year, following yesterday’s partial auction clearance.

First ETS auction of the year partially clears

20 Mar 24 - Today’s Emissions Trading Scheme auction has partially cleared.

Carbon price scraping the auction floor just ahead of Wednesday's auction

18 Mar 24 - The carbon price is at its lowest in nearly six months, with poor investor sentiment just ahead of the first auction of the year on Wednesday.

Govt changes ETS reserve price methodology ahead of auction

11 Mar 24 - The government has announced it has changed the methodology used to calculate the confidential reserve price for Emissions Trading Scheme auctions, as the NZU price gains ground in recent days.

Carbon price dips closer to auction floor

23 Feb 24 - By Liz Kivi | The carbon price has dipped closer to the auction floor, with an increase in selling blamed on an overall weakness in the market.

Carbon price drops below $70 with March auction just a month away

21 Feb 24 - NZUs sank into the sixties on the secondary market at the end of last week, with speculation surrounding whether the government will adjust the confidential reserve price to raise revenue at next...

Carbon price trending upwards

1 Feb 24 - The carbon price is up more than $5 on the secondary market since the start of last week, making a jump of nearly 9%.

Carbon price down following declined auction

7 Dec 23 - The carbon price is down following yesterday’s failed auction, which sent 15 million NZUs out of the ETS for good.

Fourth consecutive carbon auction failure sends 15 million carbon units up in smoke

6 Dec 23 - The final ETS carbon auction of the year has failed, taking 15 million tonnes worth of carbon “pollution permits” out of the market - and a potential $1 billion out of the government’s coffers.

Carbon price up ahead of auction next week

1 Dec 23 - The carbon price is up to just under $75 ahead of the Emissions Trade Scheme auction on Wednesday next week.

Scrutiny on global voluntary carbon market and changes to ETS led to Toitū dropping NZUs

1 Dec 23 - By Ann Smith | OPINION: Toitū’s decision last week to transition away from accepting New Zealand carbon credits brought the global voluntary carbon market, and debates about its integrity, into...


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