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MARKET LATEST: NZUs $76.60

Today 11:45am - SPOT NZUs opened at $76.00 bid and $76.90 offered on CommTrade this morning, after last fixing at $76.60.

Berlin pushes for a €60 minimum price on EU carbon markets

Today 11:45am - Discounting allegations of speculation on the EU carbon market, Berlin is throwing its weight behind a minimum price of €60 per tonne of CO2, saying it will ensure this through national measures if the EU does not take action.

Livestock methane emissions tackled by Western Australian company with 'inorganic bioactives'

Today 11:45am - A Western Australian company claims to have produced bioactives in a laboratory that could reduce livestock methane emissions by up to 95%.

Water crisis, power cuts worsen misery in Pakistan’s hottest city

Today 11:45am - By the time Pakistani schoolboy Saeed Ali arrived at the hospital in one of the world’s hottest cities, his body was shutting down from heatstroke.

Australian carbon market splits as buyers pay more for “high integrity” units

Today 11:45am - Australia’s carbon offset market is showing signs of splitting in two, analysts say, as buyers show they are willing to pay a premium for “higher integrity” offsets.

Australian election 2022: What the manifestos say on energy and climate change

Photo Credit: ABC

Today 11:45am - As Australians head to the polls on 21 May, voters face a decision that could have significant consequences for the nation’s efforts to cut emissions and transition its energy system.

Zero-carbon flat glass made for the first time by Saint-Gobain

Today 11:45am - In a world first, France’s Cie. de Saint-Gobain said it produced carbon-neutral flat glass by using recycled materials and green energy.


IEA expects record renewable growth despite cost, supply problems

Monday - Rising concerns over energy security and climate change will galvanize record new capacity to generate renewable power in 2022, the International Energy Agency has forecast.

Over 90 million Indians at risk of hunger due to climate change: report

Monday - The effects of climate change will put 9.06 crore [90 million] Indians at risk of hunger in the next eight years, according to the Global Food Policy Report 2022 on ‘Climate change and food systems’...

UK aviation industry misses all but one climate target: study

Monday - The United Kingdom’s bid to decarbonize its aviation industry—a plan that depends largely on self-regulation—is being described as “implausible and credulous,” after a new report showed how little...

Philippines' court declares fossil fuel companies' climate liabilities a human rights issue

Monday - When Typhoon Haiyan struck the Philippines in 2013, it made a direct hit on the hometown of Yeb Saño’s family. Saño,the country’s chief climate negotiator at the time, had to attend the United...

‘Critical mass’ of polluters setting carbon targets

Monday - The number of big polluters setting targets to cut CO2 emissions has reached a “critical mass”, a UN-backed report has said.

California $19Bn carbon market not good enough to curb emissions

Monday - California’s carbon market was supposed to be a model for the US, harnessing the power of capitalism to fight climate change in the world’s fifth-biggest economy.

Even if we miss the 1.5°C target we must still fight to prevent every single increment of warming

Friday - Is it game over for our attempts to avert dangerous climate change? For millions of people in India and Pakistan the answer is clearly yes as they continue to suffer from a record-breaking spring...

Sustainable bonds poised for growth, but standards remain a potential bottleneck

Friday - A recent study estimates that green, social and sustainability bond issuance may reach €1.6tn in just four years, but also highlights concerns on standards and the liquidity of the market.

Giga-scale solar manufacturing roaring back to Europe: industry chief

Friday - Solar players are now very willing to relocate to Europe again to cater for soaring demand as the continent tries to wean itself off Russian energy imports and meet climate targets, Carsten Körnig,...

Trees aren’t a climate change cure-all – 2 new studies on the life and death of trees in a warming world show why

Friday - The results of two studies published in the journals Science and Ecology Letters on May 12, 2022 – one focused on growth, the other on death – raise new questions about how much the world can rely on...

Climate goes missing in action in Russia’s war

Friday - Making big promises at the COP26 climate summit in Glasgow was hard; six months later, governments are finding out that actually following through on them is even harder.

Canada, industry in talks to cement future carbon price hikes

Friday - The Canadian government is in talks with heavy industrial emitters about ways to ensure Ottawa's planned carbon price increases will remain in place even if Prime Minister Justin Trudeau's Liberal...


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