Carbon News - Intelligence for the carbon market

New Zealand

Lack of policy direction to blame for low carbon price?

Thursday - 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...

Carbon price steady amidst political uncertainty

16 Nov 23 - The carbon price has pushed through the $70 mark over the last past two months, from a low of $64 in late September to a high last week of $71.25.

Carbon price predicted to go close to $100 in 2024

8 Nov 23 - An expert is picking a bump in the carbon price if the December auction doesn’t clear, predicting it will to go up to between $80 and $100 next year - with an expectation it will be closer to $100.

NZX updates ETS auction calendars

13 Oct 23 - NZX has updated the Emissions Trading Scheme auction calendars, with new settings in line with Climate Change Commission recommendations.

FMA publishes final climate related disclosures guidance

5 Oct 23 - The Financial Markets Authority has published its final guidance for Climate Reporting Entities on meeting their record keeping obligations.

NZUs drop again

19 Sep 23 - The price of NZUs has dipped again, down $4 from $73 last week.

Carbon price hovers around $73

13 Sep 23 - The NZU price is up $2 since early last week, with a price bump both before and after last week’s auction.


More in the New Zealand Archive

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Emissions Trading Scheme underperforming - study

Friday - Media release | The impact of Aotearoa’s main tool in the fight against climate...

Planned plant to produce low emissions fuel a step closer

10 Apr 24 - Media release | Plans to build New Zealand’s first plant to produce low...

Purpose Capital Consortium increases investment in Lodestone Energy to $17.4M

10 Apr 24 - Media release | In March 2024 Purpose Capital led a $7.4M syndicated follow-on...

Plug-in hybrid vehicles sales on the rise in Australia

8 Apr 24 - Media release | The EV fringe benefit tax exemption, a desire to save on...

Business survey: Only a third of small Kiwi businesses prioritising climate action

5 Apr 24 - Media release | Even though small businesses know there are benefits to taking...

Scrapping Kermadec Ocean Sanctuary a ‘huge blow’ for marine protection

2 Apr 24 - Media release | The Government’s announcement that it will scrap plans for a...

Business sustainability efforts still falling short of consumer expectations, says new research

26 Mar 24 - Media release | New research from Kantar and the Sustainable Business Council...

Legal activists double down on greenwashing claims against Z Energy

20 Mar 24 - Media release | Consumer NZ, the Environmental Law Initiative and Lawyers for...

New record for NZ’s costliest weather events

20 Mar 24 - Media release | A leading global professional services firm, has published its...

Historic data reveals unprecedented heatwaves

13 Mar 24 - Media release - A thermometer dipped in a bucket of sea water on New Year’s Day...

Govt announcements make this a bad week for the climate

11 Mar 24 - Media release | “The Government has made a series of announcements this week...

Hundreds of marae exposed to natural hazards

7 Mar 24 - Media release - New research aims to bolster marae resilience against flooding,...

UN body steps up pace to implement carbon crediting mechanism

4 Mar 24 - Media release - The United Nations Body charged with implementing a new carbon...

Native snails heading for extinction

27 Feb 24 - Media release | New Zealand has some of the most spectacular land snails in the...

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