Topics tagged with 'Carbon prices'
Market remains steady
1 Sep 2015
Then thousand NZUs changed hands at $6.80 yesterday. OMFiancial reports:
Tiwai halves free credits, but still pockets $5m
24 Aug 2015
Tiwai Point aluminium smelter owner New Zealand Aluminium Smelters last year received just half the number of free carbon credits it got the previous year.
New figures show foresters deserting tree-planting
24 Aug 2015
More of New Zealand’s post-1989 plantation forests are outside the Emissions Trading Scheme than are in it.
Small volumes trading at $6.80
19 Aug 2015
The market is holding $6.80/6.95,with 5000 units available at each price. OMFinancial reports:
Patient market holds steady
18 Aug 2015
The market was left $6.80/6.90 yesterday. OMFinancial reports:
Still quiet in local market
12 Aug 2015
NZUs have continued to be very quiet this week, with very few units changing hands. OMFinancial reports:
All quiet on local market
11 Aug 2015
NZUs did not trade here yesterday, and still remain range-bound with a fix/last of $6.85. OMFInancial reports:
A carbon tax for South Africa: why a pragmatic approach makes sense
10 Aug 2015
The furore over the carbon tax in South Africa that is playing itself out both in public and behind closed doors is leading to an impasse.
Local market remains steady
10 Aug 2015
Carbon continues to hold the current range, with some smalls trading at the $6.80 level. OMFinancial reports:
Carbon picks up at end of week
3 Aug 2015
Seventy thousand NZUs traded at $6.85 on Friday - decent volume for what was a mostly quiet week. OMFinancial reports:
Light activity on local market
29 Jul 2015
Twenty thousand NZUs changed hands at $6.85 yesterday. OMFinancial reports:
Treasury maps out our path to a low-carbon enconomy
27 Jul 2015
A strong carbon price, better urban planning, a climate commission and systematic assessment of how government policies affect climate change would help New Zealand’s transition to a low-carbon economy, Treasury says.
One year on from the carbon price experiment, the rebound in emissions is clear
27 Jul 2015
Just over a year ago, Australia concluded a unique public policy experiment. For the preceding two years and two weeks, it had put a price on a range of greenhouse gas emitting activities, most significantly power generation.
May 2016 $8 call options trade at $0.50
22 Jul 2015
Spot NZUs were left 6.80/7.00 on no volume yesterday. OMFinancial reports:
Market gets a bit busier
21 Jul 2015
More NZUs changed hands on Monday than in the entirety of last week. OMFinancial reports:
Carbon consolidates
20 Jul 2015
It was a quiet end to the week on Friday, with no NZUs trading. OMFinancial reports:
Market firm, and tender passes
14 Jul 2015
NZUs traded $7.05 on Monday, on volume of 15,000. OMFinancial reports:
How the country can save $37 million a year ... use KiwiRail
13 Jul 2015
Treasury’s advice that the Government should stop propping up KiwiRail because it is too expensive fails to take into account the carbon cost of transporting freight by rail.
Businesses put brakes on climate action, says study
13 Jul 2015
Fewer businesses are taking action on greenhouse gases than two years ago, Waikato University’s latest sustainability report shows.
Foresters see need for big ETS changes
13 Jul 2015
Major changes will need to be made to the Emissions Trading Scheme if New Zealand wants to meet its just-announced post-2020 emissions reduction target.
A quieter day after a busy start to week
9 Jul 2015
It was a quiet day for carbon yesterday - spot NZUs settled at $6.90 on CommTrade. OMFinancial reports:
Why our cuts will be an embarrassment in Paris
8 Jul 2015
The 2030 emissions reduction target announced yesterday will damage New Zealand’s credibility at this year’s Paris climate talks, says the man who negotiated for us in Kyoto.
We're still undecided on ETS, says minister
8 Jul 2015
The terms of reference for the review of the Emissions Trading Scheme have not yet been set, says Climate Change Minister Tim Groser.
Million-credit tender attracts strong interest
8 Jul 2015
A tender for up to a million credits that came to the market yesterday is drawing strong interest, OMFinancial says.
Active trading in NZUs
8 Jul 2015
More than 100,000 NZUs changed hands yesterday, with interest continuing to grow in this market. OMFinancial reports:
Large parcel of NZUs for tender
7 Jul 2015
Two hundred thousand – and potentially a million – spot NZUs have come to the market this morning.
Activity picking up on local market
7 Jul 2015
We saw a flurry of trading yesterday, with about 60,000 NZUs trading over the day. OMFinancial reports:
Carbon ticks along
6 Jul 2015
Carbon had a quiet day on Friday to see out the week. OMFinancial reports:
The carbon tax wasn’t a ‘slug’ to the economy and Direct Action may be a waste of money
29 Jun 2015
Federal Environment Minister Greg Hunt, writing in the Fairfax opinion pages, has said that the now abolished carbon tax was a far more expensive way to reduce Australia’s carbon emissions than the Direct Action policy that replaced it.
Quiet on local market
26 Jun 2015
Carbon continues to be quiet, with spot NZUs closing at $6.70. OMFinancial reports:
Spot NZUs quiet
23 Jun 2015
Carbon had a quiet day Monday; spot NZUs closed at $6.85. OMFinancial reports:
NZUs hold buyers' interest
22 Jun 2015
Carbon closed at $6.75 Friday, with good interest, and depth both ways. OMFinancial reports:
Spot NZUs corrects slightly but remains a buy
19 Jun 2015
NZUs closed at $6.80 yesterday, correcting slightly from $7.10, but remains firm. OMFinancial reports:
Spot NZUs remain firm
17 Jun 2015
NZUs traded at $7.10 yesterday and closed at $7.05 on Commtrade; well bid and offered into the close. OMFInancial reports:
European power is slipping away from King Coal
15 Jun 2015
Coal, the muscle that for two centuries powered Europe’s economic dominance of the world, is steadily losing its grip as cleaner fuels take its place and energy efficiency cuts electricity consumption, according to new analysis.
Spot NZUs equal April's high
15 Jun 2015
Carbon closed at $6.70 on Friday, back at the previous recent high seen on April 8. OMFinancial reports:
Prices continue to rise
10 Jun 2015
Carbon traded up to $5.55 on small volume following yesterday’s big day. OMFinancial reports:
Good volumes of spot NZUs traded
9 Jun 2015
Spot NZUs traded 385,000 tonnes yesterday between $5.30 and $5.55. OMFinancial reports:
Spot NZUs may have bottomed
8 Jun 2015
Spot NZUs traded 70k on Friday to close unchanged at $5.40. OMFinancial reports:
Spot NZUs trade up
5 Jun 2015
It was quite a busy day for NZUs yesterday, with spot carbon closing up 13 cents to $5.40 on 50,000 tonnes.
Treasury tells Government how to cut emissions
2 Jun 2015
Treasury has told the Government that if it wants to reduce greenhouse gas emissions it should introduce a carbon price floor, get rid of the two-for-one provisions or cut the number of free carbon credits it gives to emitters.
Ticking time-bomb in Govt’s failure of leadership on climate – Carr
Tue 9 Dec 2025
By Liz Kivi | The coalition Government’s failure to slash emissions is like pulling the pin on a grenade, handing it to a kid, and saying “hold on tight, she’ll be right”, says former Climate Change Commission chair Rod Carr.
Govt rushes to pass climate law changes under urgency
Wed 10 Dec 2025
By Liz Kivi | Legislation to amend the Climate Change Response Act was introduced to Parliament on Monday, and the government intends to rush the changes through under urgency in the next two weeks, avoiding the usual public consultation.
NZ’s government wants tourism to drive economic growth – but how will it deal with aviation emissions?
22 Oct 2025
By Robert McLachlan, Te Kunenga ki Pūrehuroa – Massey University | Following a brief dip during the COVID pandemic, aviation is back in a growth phase.
Air NZ inks deal for its first internationally verified carbon credits
9 Oct 2025
By Liz Kivi | Air New Zealand has committed to buying 8000 tonnes of carbon removals by 2030, in partnership with local native forest investment platform My Native Forest.
Second fire tears through Tongariro National Park
Tue 9 Dec 2025
By Shannon Morris-Williams | Fire crews have returned to Tongariro National Park this morning as a fast-moving fire that started yesterday threatens unburnt vegetation and nearby communities, just a month after a major blaze scorched 3000 hectares in the same area.
Govt launches strategy backing wood-based heat sector
23 Oct 2025
By Pattrick Smellie | Forestry biomass could replace as much as 40% of fossil fuel-generated process heat by 2050, but access to supply, regulatory settings and business cases for converting to wood-based heat sources are required, the Government says in a series of documents released yesterday.
Carbon News publishes ten-year NZU forward curve
Wed 10 Dec 2025
Carbon News has published a new ten-year NZU forward curve mapping how carbon prices could evolve through to 2035 under a range of policy and market conditions.
2025 ‘virtually certain’ to be second- or third-hottest year on record, EU data shows
Wed 10 Dec 2025
Copernicus deputy director says three-year average for 2023 to 2025 on track to exceed 1.5C of heating for first time.
KiwiRail pauses coal trains amid rising climate protests
Tue 9 Dec 2025
By Shannon Morris-Williams | Climate activists are ramping up actions this week, with a Christchurch protest leading to KiwiRail pausing some coal train operations on Saturday, and another protest against the Fast-Track Amendment Bill planned for parliament today.
Investors must support positive climate-tech
28 Nov 2025
OPINION: We need better leadership than the current ‘climate opportunism’ that is rife in the Beehive, and we need to back a marketplace that will make it happen, writes Rob Campbell.
$235 billion worth of NZ buildings exposed to flooding
30 Oct 2025
More than 750,000 New Zealanders live in locations exposed to one-in-100-year floods, according to a nationwide study which shows escalating flood risk.
Al Gore's case for optimism
Mon 8 Dec 2025
This year’s United Nations climate summit in Belém, Brazil had everything: A literal flood, a literal fire, a record-breaking 1,600+ fossil fuel lobbyists, and delegates from oil-producing nations working overtime.
Transport dominates NZ’s rising consumer emissions
Wed 10 Dec 2025
By Shannon Morris-Williams | Transport pollution was the biggest contributor to an increase in New Zealand’s consumption-based emissions in 2023, with emissions from household travel up 12%, and consumption-based emissions totalling 58.3 million tonnes – up 1.6% from the previous year.
DOC trims costs and winds down jobs for nature
10 Nov 2025
The Department of Conservation (DOC) is entering a new phase of tighter budgets and structural change as it winds down the pandemic-era Jobs for Nature programme and reshapes its operations to absorb long-term cost pressures.
NZ just had its hottest spring in at least 116 years
Wed 10 Dec 2025
By Shannon Morris-Williams | This year New Zealand had its hottest spring since records began, with widespread heat, rainfall extremes and destructive wind driven by sudden stratospheric warming.
NZ marine heatwaves could double in intensity under high-emissions pathway
16 Oct 2025
By Shannon Morris-Williams | New projections show marine heatwaves will grow more intense around the North Island and more frequent around the South Island as the climate warms – raising risks for fisheries, aquaculture, coastal ecosystems and tourism.
Uncertainty eroding confidence in forestry sector
Fri 5 Dec 2025
By Shannon Morris-Williams | Warnings are mounting that tree planting is set to plunge to “very close to zero”, as new Ministry for Primary Industries data shows ETS registration applications falling sharply as confidence in forestry declines.
Media round-up
Fri 5 Dec 2025
In our round-up of climate coverage in local media: Labour’s chronic evasiveness as the Government reneges on climate change; newly released documents reveal the country's new methane target is associated with 'perilous' 2.7C of warming; and New Zealand's 'pitiful' decision on emissions targets comes with costs.
RMA to speed up fossil fuel consents
18 Aug 2025
By Liz Kivi | An energy lobby group has welcomed a last-minute amendment to the RMA that puts fossil fuels on the same footing as renewables, however a sustainable energy expert says the move “beggars belief.”
Analysis: Why COP30’s ‘tripling adaptation finance’ target is less ambitious than it seems
Fri 5 Dec 2025
One of the headline outcomes to emerge from COP30 was a new target to “at least triple” finance for climate adaptation in developing countries by 2035.
Govt ‘scaremongering’ over co-operation – former climate ambassador
Fri 5 Dec 2025
By Liz Kivi | New Zealand’s former top climate diplomat, Kay Harrison, says the Government’s recent comments ruling out buying climate mitigation offshore amount to scaremongering, and the country is missing a chance to give our businesses a boost.
TotalEnergies loses in Paris court, marking a turning point for fossil fuel truth-in-advertising
5 Nov 2025
TotalEnergies was found to have misled consumers about its role in the energy transition.
Tribunal warns govt geothermal strategy risks Treaty breach
2 Dec 2025
By Shannon Morris-Williams | The government's geothermal development strategy risks breaching the Treaty of Waitangi, according to a report from the Waitangi Tribunal released last week.
Hiringa eyes green methanol plant near Whanganui
29 Jul 2025
By Pattrick Smellie | Green hydrogen pioneer Hiringa Energy is deep in planning to develop an “eight-to-nine figure” methanol plant near Whanganui, using a combination of biomass and hydrogen produced using renewable energy.
Insurers welcome govt decision to keep NHC levy unchanged
21 Nov 2025
Media release |The Insurance Council of New Zealand | Te Kāhui Inihua o Aotearoa (ICNZ) has welcomed the Government’s decision to leave the Natural Hazards Commission levy unchanged, amid ongoing concerns around the cost-of-living.
Why I’m not outraged at the Govt’s latest climate backsliding
7 Nov 2025
COMMENT: The Government’s latest climate rollbacks underline New Zealand’s long history of a lack of genuine desire to cut emissions, writes Geoff Bertram.
NZ’s rejection of emission targets fuels risk of international law breach
Mon 8 Dec 2025
By Karen Scott, Professor in Law, University of Canterbury | The New Zealand government’s decision this week to reject all of the Climate Change Commission’s emission target recommendations was just the latest in a string of policy statements that weaken the country’s action on climate.
NZ fails to back ‘roadmap’ to phase out fossil fuels at COP
24 Nov 2025
By Liz Kivi | Eighty-six countries including Australia, the UK, Germany, and Ireland backed a proposal at COP30 for national plans on how to quit oil, gas and coal – but New Zealand wasn’t one of them.
Hello, foreign oligarchs and corporations! Please come and sue the UK for billions
3 Dec 2025
COMMENT: The case of a planned Cumbrian coalmine shows how governments around the world are being threatened by litigation in shadowy offshore courts.
NZ's latest climate target 'weak' – Climate Action Tracker
24 Jun 2025
By Shannon Morris-Williams | New Zealand's new international climate target to 2035 is weak, and could even allow for higher emissions than the 2030 target, according to a global scientific project that tracks government climate action.
Storms in the Southern Ocean are producing more rain – and the consequences could be global
Mon 8 Dec 2025
Storms in the Southern Ocean influence weather patterns across Australia, New Zealand and the globe.
Heatwaves, downpours and droughts – Auckland on track for more extreme weather
1 Dec 2025
By Shannon Morris-Williams | New projections show Auckland will face more heatwaves, heavier downpours, worsening droughts and growing coastal threats as climate extremes intensify, according to a new report from Earth Sciences New Zealand.
Govt green lights rural recycling scheme
4 Dec 2025
The Government has approved new regulations to bring rural waste schemes under one unified framework.
RMA replacement bills introduced – fixes are needed
Wed 10 Dec 2025
Media release: Environmental Defence Society | In a massive shakeup of our core environmental and planning laws, the Government has introduced legislation to Parliament to replace the Resource Management Act 1991 (RMA).
Shipping movements disrupted as climate change protesters block coal ships
2 Dec 2025
NSW police have arrested 141 people who attempted to block the shipping channel in Newcastle Harbour during Rising Tide protests, which began on Thursday.
Straterra has a new name: the New Zealand Minerals Council
16 Apr 2025
Media release | Straterra has been renamed as New Zealand Minerals Council, says chief executive Josie Vidal.
Rare win for renewable energy: Trump administration funds geothermal network expansion
Fri 5 Dec 2025
A first-in-the-nation heating and cooling network in Massachusetts is set to double in size.
Comparing climate models with observations
Wed 10 Dec 2025
The latest generation of climate models shows too much long-term warming but better reproduces recent trends.
Solar households to get little-noticed tax break
23 Sep 2025
A provision in the government’s latest tax bill would exempt households from paying tax on income they earn by selling excess electricity back to the grid.
More than $2m up for grabs for low-emissions farming innovation
Wed 10 Dec 2025
The Ag Emissions Centre and AgriZeroNZ yesterday opened their 2026 innovation investment round.
Last minute change to oil and gas legislation over cleanup costs
31 Jul 2025
By Liz Kivi | The government is expected to repeal the oil and gas ban today, with a last-minute amendment handing discretionary power to two ministers over the controversial issue of decommissioning.
Seven EU countries pressure European Commission to rethink 2035 diesel and petrol car ban
Tue 9 Dec 2025
Pressure from EU countries, lawmakers and the automotive industry is likely pushing the European Commission to delay the revision of the bloc's ban on diesel and petrol cars by 2035.
Kaicycle celebrates ten years of collective climate action in Pōneke
14 Nov 2025
Media release: Kaicycle | Since 2015, Kaicycle has grown from a humble pilot project growing kai and collecting compost on bicycles into the thriving urban farm and composting hub that Wellingtonians know and love.
Study provides a step-change in understanding NZ’s groundwater
28 Nov 2025
Media release | Earth Sciences New Zealand has developed a world-first National Groundwater Age Map and a powerful suite of tools to support the sustainable management of our hidden groundwater resources, from national through to local scales.
Wildfires destroy 40 homes and kill a firefighter in Australia
Tue 9 Dec 2025
There were 52 wildfires burning across New South Wales on Monday and nine remained out of control. A total of 20 homes had destroyed over the weekend in that state.
NZ’s energy system at a crossroads – report
21 Nov 2025
A new report says New Zealand’s rapid shift toward a 95% renewable electricity system is at a critical turning point, urging faster consenting, stronger firming solutions and better grid planning.
