Carbon price dips as dust settles after auction

Tuesday - The carbon price has taken a dive since last week’s auction, down more than 6% on last week’s auction price.

MARKET LATEST: NZUs $59.92

Tuesday - The Carbon News NZU Index closed at $59.92 yesterday, down $2.05 on the previous day’s close.

Dame Patsy Reddy appointed Climate Change Commission chair

Monday - Dame Patsy Reddy has been appointed the new chair of the Climate Change Commission, Climate Change Minister Simon Watts announced this morning.

Green Party releases alternative climate plan

Monday - The Green Party wants to take forestry out of the Emissions Trading Scheme and instead create biodiversity credits for afforestation.

MARKET LATEST: NZUs $62.00

Monday - The Carbon News NZU Index closed at $62.00 on Friday, down $1.12 on the previous day’s close.

Govt to partner with private sector planting trees on Crown land

Friday - Cabinet has agreed to look at public-private partnerships to plant trees on low value Crown land, in a move the government says will support New Zealand’s climate change targets and create more jobs.

MARKET LATEST: $63.12

Friday - The Carbon News NZU Index closed at $63.12 yesterday, down $0.85 on the previous day’s close.

Changes to limit ETS forestry will have 'dire consequences' - foresters

Thursday - Foresters say that new rules limiting farm to forestry conversions under the Emissions Trading Scheme are set to have dire consequences for forest growers as well as for the country’s ability to meet...

Carbon price steady following partial auction clearance

Thursday - The carbon price stayed steady on the secondary market following yesterday’s partial auction clearance, where 7 million NZUs went unsold.

No excuse to not slash climate pollution – Carr

Thursday - Outgoing Climate Change Commission chair Rod Carr says every sector faces challenges in reducing its contribution to greenhouse gas emissions, and New Zealand is not unique in its barriers.

MARKET LATEST: $63.97

Thursday - The Carbon News NZU Index closed at $63.97 yesterday, down $0.06 on the previous day’s close.

Final auction of the year partially clears

4 Dec 24 - More than 7 million pollution permits will fail to enter the register this year, with just under half of a possible 14.1 million units selling across all the Emissions Trading Scheme carbon auctions...

MARKET LATEST: $64.03

4 Dec 24 - The Carbon News NZU Index closed at $64.03 yesterday, no change on the previous day’s close.

Auction preview: experts predict partial clearance tomorrow

3 Dec 24 - The secondary carbon market is trading just above the $64 auction floor, as tomorrow’s highly anticipated auction looms - the fourth and final of 2024.

MARKET LATEST: $64.03

3 Dec 24 - The Carbon News NZU Index closed at $64.03 yesterday, a $0.02 increase on the previous day’s close.

MARKET LATEST: $64.01

2 Dec 24 - The Carbon News NZU Index closed at $64.01 on Friday, a $0.01 decrease on the previous day’s close.

Waitangi Tribunal kicks off inquiry into climate change policy

29 Nov 24 - By Liz Kivi | The Crown has contributed to worsening the climate crisis as well as exacerbating impacts on Māori communities, a Waitangi Tribunal panel heard this week.

MARKET LATEST: $64.02

29 Nov 24 - The Carbon News NZU Index closed at $64.02 yesterday, up $0.01 on the previous day’s close.

MARKET LATEST: $64.01

28 Nov 24 - The Carbon News NZU Index closed at $64.01 yesterday, up $0.04 on the previous day’s close.

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