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ETS

Govt at risk of litigation if emissions reduction plan doesnít cut it

Monday - By Liz Kivi | The government might find itself in court if it doesnít come up with a credible plan this year to meet its emissions budget, according to legal experts.

MARKET LATEST: NZUs $66.25

Monday - Spot NZUs last fixed at $66.25 on CommTrade, at $66.50 on Carbon Match, and at $67.00 on emsTradepoint this morning.

Foresters welcome ETS costs review

Friday - The New Zealand Forest Owners Association says the review of Emissions Trading Scheme fees is a relief for foresters facing excessive costs, but experts say forestry still faces an uncertain future under the scheme.

MARKET LATEST: NZUs $66.75

Friday - Spot NZUs last fixed at $66.75 on CommTrade, at $67.00 on Carbon Match, and at $65.00 on emsTradepoint this morning.

Government announces review of forestry ETS costs

Thursday - Forestry minister Todd McClay has announced an independent review into the forestry component of the Emissions Trading Scheme (ETS) register.

In its current state the ETS will fail to deliver significant emission reductions: Rod Carr

Wednesday - By Jeremy Rose | Climate Change Commission chair Rod Carr has told the Environment Select Committee that, in its current state, the ETS will fail to deliver significant emissions reductions.

MARKET LATEST: NZUs $66.50

Wednesday - Spot NZUs last fixed at $66.50 on CommTrade, at $66.75 on Carbon Match, and at $66.50 on emsTradepoint this morning.


Environmental Defence Society says "radical anti-environment government" could harm NZ's reputation

27 Feb 24 - The Environmental Defence Society says the governmentís environmental policies could cause environmental harm as well as threaten New Zealandís international reputation.

MARKET LATEST: NZUs $67.15

27 Feb 24 - Spot NZUs last fixed at $67.15 on CommTrade, at $66.75 on Carbon Match, and at $66.50 on emsTradepoint this morning.

Contact on electricity and carbon prices

26 Feb 24 - Contact Energy said it is inevitable that retail electricity prices will have to rise in line with long term wholesale prices and is also predicting that carbon prices will rise as well.

MARKET LATEST: NZUs $67.50

26 Feb 24 - Spot NZUs last fixed at $67.50 on CommTrade, at $65.00 on Carbon Match, and at $66.50 on emsTradepoint this morning.

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.

MARKET LATEST: NZUs $67.00

23 Feb 24 - Spot NZUs last fixed at $67.00 on CommTrade, at $66.50 on Carbon Match, and at $66.50 on emsTradepoint this morning.

MARKET LATEST: NZUs $66.50

22 Feb 24 - Spot NZUs last fixed at $66.50 on CommTrade, at $67.00 on Carbon Match, and at $66.50 on emsTradepoint this morning.

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...

MARKET LATEST: NZUs $69.25

21 Feb 24 - Spot NZUs last fixed at $69.25 on CommTrade, at $68.50 on Carbon Match, and at $69.25 on emsTradepoint this morning.

MARKET LATEST: NZUs $69.25

20 Feb 24 - Spot NZUs last fixed at $69.25 on CommTrade, at $68.00 on Carbon Match, and at $68.50 on emsTradepoint this morning.

MARKET LATEST: NZUs $69.25

19 Feb 24 - Spot NZUs last fixed at $69.25 on CommTrade, at $68.50 on Carbon Match, and at $68.50 on emsTradepoint this morning.

NZ lagging in forging agreements to meet climate obligations

16 Feb 24 - New Zealand is lagging behind other countries in sealing bilateral deals to meet climate targets - a delay which could lead to higher costs, according to a climate policy consultant.


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