Market advice

Carbon News launches price index

24 Jun 24 - Today’s issue is the first to feature Carbon News’ own carbon price index for secondary market spot prices for NZUs on New Zealand’s compliance market.

MARKET LATEST: NZUs $61.15

24 Apr 23 - Spot NZUs opened at $59.95 bid and $61.15 offered on CommTrade this morning, after last fixing at $61.15.

MARKET LATEST: NZUs $59.25

11 Apr 23 - Spot NZUs opened at $59.00 bid and $59.50 offered on CommTrade this morning, after last fixing at $59.25.

The case for using climate finance to create carbon markets

1 Nov 22 - Funding for carbon markets should become natural part of the climate finance toolkit, argues European Bank for Reconstruction and Development's Gerrit Held.

London stock exchange launches its voluntary carbon market rules

12 Oct 22 - After nearly a year since first announcing that it would be developing a new market solution to accelerate the availability of financing for projects that will support a just transition to a low-carbon economy, the London Stock Exchange has launched its public market framework.

Rising interest rates only a mild snag in climate battle

29 Sep 22 - Rising interest rates present no significant barrier to the world's transition to net zero emissions by 2050 despite the high levels of investment in green energy needed, according to a strong majority of climate economists polled by Reuters.

$22-trillion time bomb’ ahead unless banks drop high-carbon investments: Moody’s

30 Nov 21 - Financial institutions are facing a US$22-trillion time bomb due to their investments in carbon-intensive industries, Bloomberg News reports, citing a study last week by Moody’s Investment Services.

Pests a major contributor to climate change: Forest & Bird

18 Jun 21 - THE West Coast’s kamahi-podocarp forests are bleeding 3.4 million tonnes of stored carbon annually because of browsing deer, goats, chamois and possums, a Forest and Bird Report, released today,...

Climate Change Commission faces possible legal challenge

15 Jun 21 - Lawyers for Climate Action NZ are considering bringing a judicial review against the Climate Change Commission on the grounds that its recently released final advice to the government is incompatible...

Kiwis want action on climate change: IAG Poll

11 Jun 21 - Media Release - New Zealanders are increasingly expecting the government and business sector to take stronger action on climate change adaptation, according to the results of IAG’s fourth annual...

Responses to ClimCom final advice divides along usual lines

Dr Rod Carr, Chair of the Climate Change Commissioner.

10 Jun 21 - An avalanche of press releases in response to yesterday’s release of the Climate Change Commission’s final advice to the government sees interest groups dividing along familiar lines.

Inaia tonu nei – the time is now

9 Jun 21 - Inaia tonu nei – the time is now: a low emissions future for Aotearoa – the Climate Commission’s final advice to the Government, released to the public today, says a revision of the New Zealand’s...

WORTH NOTING...

8 Jun 21 - The Climate Change Commission’s final advice to the Government will be released to the public and tabled at Parliament at midday tomorrow.

IMF warns climate change is a serious risk to financial markets

4 Jun 21 - Climate change poses serious risks to the stability of the financial system, a senior International Monetary Fund official told CNN Business.

Investors piling into carbon market

4 Jun 21 - Investors have piled into new carbon-credit-trading funds, helping make the upstart market one of the best-performing commodities-related investments of the past year, The Wall Street Journal reports.

ClimCom and National Party at odds over ETS

28 May 21 - An opinion piece by Climate Change Commission Chair Rod Carr reiterating the commission’s position that the ETS alone won’t deliver a desirable low emissions future has riled up the National Party.

Gas to flicker on?

24 May 21 - Without extra investment New Zealand could find itself without enough gas supply to ensure security of electricity by 2026, a regulator has warned.

Is that lithium or methane on the Govt’s breath?

21 May 21 - In 1985, then prime minister, David Lange, memorably quipped that he could smell the uranium on the pro-nuclear televangelist Jerry Falwell’s breath during an Oxford Union debate.

Sustainable business groups welcome budget

21 May 21 - MEDIA RELEASE - Business leaders from the Sustainable Business Council (SBC) and the Climate Leaders Coalition (CLC) welcome the 2021 Budget announcement on climate action, noting that it sets high...