Carbon News - Intelligence for the carbon market

New Zealand

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.

Third consecutive ETS auction fails

6 Sep 23 - Today’s ETS auction has been declined because the clearing price did not meet the minimum price settings, with no winning bids as a result - and an increasing likelihood that the December auction will also fail.

Carbon price up ahead of Wednesday auction

4 Sep 23 - The carbon price pushed through the $70 mark at the end of last week, last fixing at $71 on Commtrade on Friday. It has climbed $6 in the past two weeks to its highest point since February - more...

Concerns around NZU reporting

1 Sep 23 - Emissions Trading Scheme participants are calling for better accuracy and transparency in NZU movement reporting, after two reporting glitches have led to serious questions.

Secondary carbon market “pops” to 5-month high, ETS announcement later today

22 Aug 23 - The NZU price hit a 5-month high late last week, trading as high as $66.50 on Friday - up 10% for the week.

Tender for forestry NZUs

9 Aug 23 - An unnamed buyer is in the market for a “significant volume” of forestry NZUs through a tender process.

Carbon price fluctuates with potential for more volatility

2 Aug 23 - It’s been a big week for NZUs on the secondary market, with the price rising almost $18 to $65 on Wednesday last week, hovering around $60 for several days, but then dipping below the $60 mark.

Govt U-turn adopting Commission’s advice on ETS auction settings

26 Jul 23 - The government has adopted the Climate Change Commission’s advice on ETS auction settings from December, with a significantly higher floor price, lower auction volumes, and two-tiers of much higher...

Carbon price bounces but how high will it go?

26 Jul 23 - Pundits are picking the government’s decision to adopt most of the Climate Change Commission’s ETS recommendations, rejected by Cabinet last year, will result in a sustained increase in the price of...

Govt signals ETS announcement, market “drifting”

25 Jul 23 - The Ministry for the Environment has signalled it will make an announcement about the Emissions Trading Scheme tonight, after the market closes.

Carbon price jumps 30%

19 Jul 23 - The price of NZUs on the secondary market has rebounded since last week’s unexpected revelation that the government would be forced to change Emissions Trading Scheme settings.

Carbon stockpile down

19 Jul 23 - The “stockpile” of NZUs is down after the last surrender deadline, with emitters using primarily forestry or industrial allocation to meet their obligations under the ETS.

Carbon price crashes, “split market” developing

7 Jul 23 - The carbon price dropped to a two-year low this week, and insiders say a split market is developing, with lower prices for forestry-derived NZUs.

Carbon auction clearing price well below confidential reserve

1 May 23 - The last carbon auction clearing price was 30% lower than the spot price at the failed March 15 auction.

More in the New Zealand Archive


Latest announcements: file yours to

Progress towards Canterbury's Climate Action Plan

Today 11:00am - Media release | The Canterbury Mayoral Forum endorsed a collective funding...

New VCMI guidance opens door for corporate carbon credit claims

Wednesday - Media Release | The Voluntary Carbon Markets Integrity Initiative (VCMI) has...

Fly-in fly-out MPs urged to save money and the environment

24 Nov 23 - Media release | Greater Wellington chair Daran Ponter has sent new Members of...

Mercury Kaiwera Downs windfarm opens

22 Nov 23 - Media release | Mercury has cut the ribbon to celebrate stage one of the...

Climate adaptation planning: “Strengthen community engagement,” says Helen Clark Foundation and WSP

21 Nov 23 - Media release | A new report from the Helen Clark Foundation and engineering...

New Zealand’s largest insurer calls on new government to prioritise flood resilience

21 Nov 23 - Media Release | The economic toll of our summer of storms continues to mount,...

Majority of New Zealanders want public transport discounts to stay

16 Nov 23 - Press release - A new poll has found that 71% of New Zealanders want to keep...

Forest & Bird backs action to stop mining on Coromandel conservation land

14 Nov 23 - Media release | Coromandel-based anti-mining group Ours Not Mines is in the...

Oxfam joins calls for New Zealand to support fossil fuel free Pacific

9 Nov 23 - Media release | Oxfam is backing calls from Pacific leaders for the New Zealand...

Landfill has a new front-end loader – and it’s fully electric

7 Nov 23 - The recently introduced front-end loader at Wellington’s Southern Landfill is...

New tech to boost emissions reduction effort

6 Nov 23 - Media release | Ground-breaking new portable technology to measure methane...

Scholarship awarded for world first climate change degree

1 Nov 23 - Media release - A Mount Maunganui-based university student is the first...

‘It’s just how life is here’: Children in Vanuatu devastated by early return of cyclone season

30 Oct 23 - Media release | Category Five Tropical Cyclone Lola in Vanuatu has claimed at...

AgriZeroNZ appoints Wayne McNee as chief executive

25 Oct 23 - Media release | AgriZeroNZ, the public-private joint venture helping farmers...

More Press Releases

RSS Feeds

Carbon News RSS Feed
Click to get an RSS feed for the latest stories from all sections of the site.
New Zealand RSS Feed
Click to get an RSS feed of stories this section only.
Your IP address: