Topics tagged with 'Carbon prices'
It's not all bad news from Europe
1 Feb 2013
European carbon markets trundled along sideways during their first session of the week, as no major change was recorded in spot CERs and ERUs, OMFinancial reports.
Marketing getting news-fatigue
1 Feb 2013
International prices fell sharply last night as news headlines continue to dictate the mood of the European carbon markets, Westpac reports.
ETS foe pays million-dollar carbon premium
25 Jan 2013
A company ideologically opposed to the Emissions Trading Scheme is thought to have paid $1.4 million more than it needed to to meet its carbon obligations last year.
Market reels as European carbon plummets
25 Jan 2013
International traders are dismayed at a spectacular price crash today that left the world’s biggest carbon market in disarray.
Low prices way out for pre-90 foresters
25 Jan 2013
Record-low carbon prices could see hundreds of thousands of hectares of pre-1990 plantation forest cleared or converted to post-1989 forest.
Market plunge gets the tongues wagging
25 Jan 2013
The major talking points this week are the massive market plunge in an already-volatile market which has been stirred up by rumour and political uncertainty, says John Davis of CF Partners in London.
New low for European carbon
25 Jan 2013
It hasn’t been a good month for European carbon prices, with EUAs plunging from around EUR6.75 at the beginning of January to a record low of EUR2.81 for the Dec13 EUA contract overnight.
Industrial gas CERs join ban list
18 Jan 2013
The Government is banning indutrial gas CERs rom New Zealand’s Emissions Trading Scheme because of concerns over their environmental integrity.
Pre-1990 NZUs fail to fire market
18 Jan 2013
The year has started slowly for the domestic carbon market.
NZ carbon stand wrong, says Kyoto expert
14 Dec 2012
New Zealand’s political determination to maintain access to carbon at international prices is a mistake, says our most seasoned Kyoto negotiator.
What's our market worth?
14 Dec 2012
Carbon Match founder Lizzie Chambers reflects on the fallout from the COP18 meeting
Carbon prices scrape bottom of barrel
7 Dec 2012
Carbon prices have equalled the low set last month.
De Boer wants carbon price of 150 euros
7 Dec 2012
Urgent action is needed to boost carbon prices to €150 a tonne - 2250 per cent higher than current levels - if the EU is to meet its decarbonisation goals by 2050, says a former United Nations climate chief.
Australian ETS links up with the world
30 Nov 2012
Legislation passed by Senate this week will enable Australia and Europe to begin linking their emissions trading systems.
EUAs take a dive ... again
30 Nov 2012
EUAs got smacked again last night, falling 25 cents, OMFinancial reports.
Buy local credits, urges businessman
23 Nov 2012
New Zealand businesses should be taking advantage of low international carbon prices to buy local units, says an Auckland businessman.
California dips toe in carbon market
23 Nov 2012
California has kicked off its cap-and-trade programme to reduce carbon dioxide emissions amid speculation about whether it will nose-dive or become a national model.
Market leaders grab cheap credits
23 Nov 2012
Some of the companies that have complained loudest about the EU's environmental measures are using the zone’s Emissions Trading System to give money to rivals in other countries instead of cutting their own greenhouse gas emissions, it has emerged.
Australia happy trading scheme is working
23 Nov 2012
The Australian experience since the July launch of its emissions trading scheme had proved positive, a senior diplomat has told corporate leaders meeting in Brussels.
Expect pressure on prices
23 Nov 2012
European carbon was steady overnight as the market absorbed another 4.5 million units auctioned by governments.
Plans to reduce supply in world's largest market
23 Nov 2012
International prices have traded sideways following last week’s back-loading proposal announced by the European Commission.
We've got it wrong, says market expert
16 Nov 2012
Market instruments are the only viable way of reducing the world’s greenhouse gas emissions – but the New Zealand scheme is currently failing, an international expert says.
Bill dumps agriculture on backburner
9 Nov 2012
Agriculture is out of the Emissions Trading Scheme indefinitely.
World trading system on way, says expert
9 Nov 2012
A global platform for carbon trading might be in place this decade, an official at one of the world's major environmental think tanks said.
Carbon hovers above historic lows
9 Nov 2012
Very little changed in the European carbon market last night,OMFinancial reports.
Forget today, think carbon 30 years out
2 Nov 2012
Today’s low carbon prices are not an incentive for investment in low-carbon technology, the Government has acknowledged.
Govt eyes better planting policies
2 Nov 2012
The Government is looking for new policies to encourage afforestation.
Price flop not a good look, admits Smith
26 Oct 2012
Former Climate Change Minister Nick Smith admits that low carbon prices are sending “weak” market signals to emitters and foresters.
Dunne seems deaf to foresters' pleas
26 Oct 2012
The forestry industry is focusing its lobbying attention on United Future’s Peter Dunne to try to stop changes to the Emissions Trading Scheme which they say will stop planting in its tracks.
ETS protesters bring out the chainsaws
26 Oct 2012
Youth organisation Generation Zero held a mock chainsaw massacre outside Parliament yesterday to protest about changes to the Emissions Trading Scheme going through the House.
Follow the leader ...
26 Oct 2012
The New Zealand carbon market continues to follow the international market lower, with NZUs trading under NZD3.00 this week to post a low of $2.55 (offer), Westpac says.
Groser: We'll check out status of units
19 Oct 2012
The Government says it will look at the eligibility of some international units under New Zealand’s Emissions Trading Scheme.
A case of too many CERs
19 Oct 2012
CERs were sold off overnight, falling 15 cents on concerns that more issuance is pushing the number of CERs beyond the level the system needs, OMFinancial reports.
Voluntary units like gold on messy market
12 Oct 2012
Carbon prices in the compliance markets might be languishing in the $3-a-tonne range, but the price of voluntary units is on the rise.
Why is our approach so different?
12 Oct 2012
There's more bearishness out of Europe over the price of UN offsets, despite some analysts revising their expected forecasts for European Union Allowances upwards, CARBON MATCH says.
Greens praise Aussie ETS changes
12 Oct 2012
The Australian Greens have been quick to praise the passage of a package of bills linking the country’s emissions trading scheme to the price in Europe.
Fundamentals 'too nauseating to contemplate'
12 Oct 2012
The European carbon market appears quite directionless at present like a boxer hit too many times in the head, says OMFinancial.
Local market awaits the politicians
12 Oct 2012
Trading in local units has been sidelined on the week, with the market clearly waiting for the Finance and Expenditure Select Committee’s report back to Parliament next Wednesday, Westpac reports.
Which way will landowners go?
5 Oct 2012
In 2008, when the Emission Trading Scheme legislation was passed, a lot of attention was focused on those forest owners who still intended to change land use from forest to agriculture, Carbon Market Solutions says.
NZUs ignored, says trader
5 Oct 2012
European carbon was firm for most of the session last night, with a very firm oil lending support on the back of Syrian/Turkey tensions, OMFinancial reports.
Market weakens on news of February vote in EU ETS
5 Oct 2012
European carbon prices started the week in a consolidation mode, before getting hit pretty hard overnight on Tuesday, Westpac says.
Worried forest owners urge Key to act
28 Sep 2012
The heads of eight major forestry companies have asked the Prime Minister to intervene directly over the flow of cheap foreign carbon credits into New Zealand.
Government lying to us, says forester
28 Sep 2012
The Government is being accused of lying to New Zealanders over plans to encourage afforesation as a means of reducing greenhouse gas levels.
EDITORIAL: The problem called John Banks
28 Sep 2012
The Government may be weakening in its opposition to restricting the number of international carbon units allowed into New Zealand.
Think carrot ... not stick
28 Sep 2012
Carbon Match founder LIZZIE CHAMBERS says we need to think about how the carbon market can drive innovation - and artifically low carbon prices are not the answer.
The case for UN offsets
28 Sep 2012
For the record, OMFinancial is not against having UN offsets in New Zealand's Emissions Trading Scheme, the brokerage says.
Prices stage a rally ... of sorts
28 Sep 2012
Despite carbon prices remaining at extreme low levels, the overall market has seen a rally of sorts, Westpac reports.
Trader warns of carbon unit avalanche
21 Sep 2012
Billions of cheap carbon units are bound for New Zealand – enough to meet the country’s carbon obligations for decades, Parliament has been warned.
Weak rally as carbon prices struggle
21 Sep 2012
Carbon prices continue to tumble, falling more than 20 per cent over the past week.
Permit supply hopes firm prices
21 Sep 2012
Carbon has firmed again overnight on renewed optimism that a solution and an agreement would happen in regard to reducing permit supply, OMFinancial reports.
NZ art focussing on climate on display at Beijing Biennale
Today 11:30am
An artist responding to the consequences of climate disruption is the first New Zealander in six years to feature at the prestigious Beijing Art Biennale.
Hydrogen plant to start construction
Tue 10 Feb 2026
Construction is set to start this month on Hiringa Energy’s long delayed green hydrogen project in South Taranaki, after years of consenting fights that culminated in the Court of Appeal rejecting Greenpeace’s challenge in late 2023.
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.
Why Trump might be onboard with a UN carbon-offset programme for airlines
Today 11:30am
The president’s team has backed the rollout of an initiative that calls for the use of sustainable aviation fuel and carbon credits, even as Trump has pulled back from other international emissions-reduction efforts.
World fight against invasive species comes to Auckland
Tue 10 Feb 2026
Media release: University of Auckland | From countering invasive pink salmon in Norway to controlling feral cats in the Cayman Islands, knowledge on eradicating invasive species will be shared by international experts in New Zealand.
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.
EU weighing options to support industry in carbon market overhaul
Mon 9 Feb 2026
The European Commission is looking at various ways to support industries in an upcoming overhaul of the EU carbon market to prevent them moving to areas with lower pollution standards, the head of the Commission’s climate department said late on Wednesday.
Trump is wiping out all climate regulation. Big Oil may regret it.
Today 11:30am
For decades, oil majors fought climate regulation. Now, they’re afraid Trump’s extreme rollbacks could leave them on the hook to pay for what they’ve done.
LNG plan risks fossil fuel dependency: Environment Commissioner
Wed 11 Feb 2026
By Pattrick Smellie | Importing liquefied natural gas risks creating a “new path dependency on fossil fuel” unless LNG is ring-fenced for use only in the electricity system and only during extended periods of hydro-electricity water shortages, says the Parliamentary Commissioner for the Environment, Simon Upton.
LNG: a rational choice compared to unpalatable alternatives
Tue 10 Feb 2026
By Pattrick Smellie | COMMENT: By deciding to underwrite the private construction of a liquefied natural gas import facility in Taranaki, the Government has made a rational choice in favour of energy security and affordability.
RMA’s successors hinge on two untested bets
17 Dec 2025
Two ideas sit at the heart of the Government’s replacement for the Resource Management Act: regulatory relief and spatial planning.
Opposition attacks Govt over fossil fuel phaseout backdown
2 Feb 2026
By Liz Kivi | Revelations that Resources Minister Shane Jones ruled out New Zealand signing up to a 'road map' away from fossil fuels at last year’s global climate summit show the National Party’s minor coalition partners’ undue influence over the Government, according to Labour leader Chris Hipkins.
Minister’s letters: Mildly positive or just virtue signalling?
5 Feb 2026
By Liz Kivi | The carbon market was buoyed slightly yesterday, after letters between the Government and the Climate Change Commission were proactively released.
Govt missing opportunity to slash electricity prices, says expert
Wed 11 Feb 2026
By Liz Kivi | The Government’s fixation on eliminating the "dry-year risk margin" as a lever to reduce costs misses a much bigger opportunity to lower electricity prices, according to Christina Hood, head of Compass Climate.
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.
January floods driven by tropical systems and La Niña conditions
Today 11:30am
Record-breaking rainfall across parts of Aotearoa in January was fuelled by tropical moisture and persistent low-pressure systems, with some regions recording more than five times their normal monthly rainfall, Earth Sciences New Zealand says.
Transport dominates NZ’s rising consumer emissions
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.
'Damning' report challenges forestry’s role in Tairāwhiti as sector rejects conclusions
4 Feb 2026
By Shannon Morris-Williams | New independent analysis commissioned by Mana Taiao Tairāwhiti challenges long-standing claims that industrial forestry underpins the Tairāwhiti economy.
Australian ministers met Japanese gas companies 20 times amid fossil fuel lobbying push
Wed 11 Feb 2026
Australian government ministers met Japanese gas company executives more than 20 times in the last term of parliament as Labor encouraged investment in the fossil fuel industry.
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.”
US is canceling almost $30 billion in Biden-era energy loans
27 Jan 2026
The Trump administration said it’s canceling almost $30 billion of financing from the Energy Department’s green bank after reviewing transactions approved under former President Biden.
Green Member’s Bill aims to give whales legal ‘personhood’
Mon 9 Feb 2026
The Green Party wants to give whales legal rights, including the right to sue.
Kiwi startup takes on global plastic pollution
Today 11:30am
A New Zealand startup is launching what it says is the world’s first plastic-free effervescent drink tablet, with the ambitious aim of eliminating bottled beverages to reduce global plastic pollution.
COP30 microcosm of difficult geopolitics, says Vanuatu's Climate Minister
15 Dec 2025
By Liz Kivi | Despite ‘intransigent’ states blocking multilateralism and a disappointing official outcome, Vanuatu’s Climate Change Minister Ralph Regenvanu says he left the COP30 climate summit feeling more positive than after previous UN climate conferences.
Hydrogen emissions are ‘supercharging’ the warming impact of methane
19 Dec 2025
The warming impact of hydrogen has been “overlooked” in projections of climate change, according to authors of the latest “global hydrogen budget”.
Wales council to buy and demolish homes prone to flooding
4 Feb 2026
A row of homes in a village in south Wales is to be bought by a local authority and demolished as they can no longer be protected from flooding caused by the climate crisis.
Climate law change spanner in the works for Waitangi Tribunal Inquiry
19 Dec 2025
By Liz Kivi | The Government’s controversial changes to New Zealand’s legal framework for climate policy have thrown a spanner in the works for a long-running Waitangi Tribunal Inquiry into climate change.
Greenpeace set to take UK Government to court over deep-sea mining licences
5 Feb 2026
Environmental NGO Greenpeace has kick-started a legal challenge against the UK Government’s decision to approve the transfer of two seabed exploration licences to a newly-formed mining company with US links.
Govt unveils plans for carbon storage regulations – and ETS rewards
18 Dec 2025
By Liz Kivi | The Government has released plans to regulate carbon capture and storage in natural geological formations, which include Emissions Trading Scheme incentives, with the aim of introducing related legislation in 2026.
Ministers celebrate fast-track milestone amid criticism
Tue 10 Feb 2026
By Shannon Morris-Williams | The government is marking the first anniversary of its fast-track approvals regime, saying it is helping “build New Zealand’s future”, despite continued criticism from environmental groups, opposition parties, and industry voices following several controversial project decisions.
Govt looks to Commission for ways to shore up carbon price
4 Feb 2026
By Liz Kivi | The Government has asked the Climate Change Commission to look at lower auction volumes and an increase in the auction floor price as options to revive the Emissions Trading Scheme, as carbon prices remain weak.
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.
Climate change linked to decline in southern right whale
Today 11:30am
Scientists in Australia are warning southern right whales are showing signs of climate-related stress, just days after a Green Party Member’s Bill was introduced in New Zealand proposing legal personhood for whales.
Out of Paris, but will the US formally quit the UN climate regime?
30 Jan 2026
The Trump administration has decided to withdraw the US from the broader UN climate convention, raising questions about the legality of the move and what it means in practice.
Commentators slam Govt inaction in aftermath of climate change-fuelled storms
30 Jan 2026
By Liz Kivi | Climate action - or inaction - is shaping up to be an election issue, with multiple commentators drawing a line between the Coalition Government’s backsliding on climate targets and the deadly extreme weather events of the past week.
Major health risks linked to plastics emissions set to soar by 2040
28 Jan 2026
The adverse health consequences stemming from the global plastics system are projected to more than double by 2040, driven by greenhouse gases, air pollutants and toxic chemicals released throughout its lifecycle.
Rushed resource management reform bills unworkable: Environmental Defence Society
Wed 11 Feb 2026
By Shannon Morris-Williams | The Environmental Defence Society says significant amendments are needed to the government’s Natural Environment and Planning Bills, warning the proposed reforms risk weakening environmental limits, public participation, and regulatory certainty.
Three Greenpeace activists removed by police from Fonterra
17 Dec 2025
Media release | Three Greenpeace activists were removed by police from Fonterra’s downtown Auckland offices, following a protest on Monday at the Shareholders’ Fund meeting over the corporation’s role in the contamination of rural communities’ drinking water.
Critical minerals talks with US questioned in Waitangi Tribunal climate inquiry
Mon 9 Feb 2026
By Shannon Morris-Williams | New Zealand and the United States' negotiations over critical minerals have raised questions for the Waitangi Tribunal’s long-running inquiry into climate change.
Australia's renewables boom delivers coveted power price payoff
Wed 11 Feb 2026
Australia's wholesale electricity prices fell to the lowest in four years in 2025, bucking the rising price trends seen elsewhere and validating claims that renewables-heavy power system overhauls can help lower consumer power costs.
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.
NZ-UAE partnership boosts advanced tech
Mon 9 Feb 2026
Media release | A new Antarctic science partnership with a leading UAE university will grow New Zealand’s advanced engineering and modelling capability, supporting high-value jobs, encouraging economic growth, and enabling smarter climate risk management, Science, Innovation and Technology Minister Dr Shane Reti says.
Pacific climate response in question as NZ finance remains unclear
19 Dec 2025
By Shannon Morris-Williams | With New Zealand's $1.3 billion international climate finance commitment set to end with no clarity on what follows, the Auditor-General says oversight of that funding remains patchy and long-term outcomes are unclear.
China maximises battery recycling to shore up critical mineral supplies
Wed 11 Feb 2026
Beijing is bracing for a tsunami of spent EV batteries by taking steps to boost recycling – a strategy that could also cut its reliance on imports of clean energy minerals.
Vanuatu introduces draft UN resolution on ICJ demanding full climate compensation
Wed 11 Feb 2026
Media release: Vanuatu Government | Vanuatu has introduced the zero draft of a United Nations General Assembly resolution to endorse the International Court of Justice’s advisory opinion on the obligations of states in respect of climate change, delivered on 23 July 2025.
EU to ban destruction of unsold clothes and shoes
Today 11:30am
The European Commission has adopted new measures that will require medium and large companies to stop discarding unsold clothing and footwear, in the bloc’s latest move to target textile waste.
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.
Argentina fires ravage pristine Patagonia forests, fueling criticism of Milei’s austerity
4 Feb 2026
The wildfires, among the worst to hit the drought-stricken Patagonia region in decades, have devastated more than 45,000 hectares (174 square miles) of Argentina’s forests in the last month and a half, forcing the evacuation of thousands of residents and tourists.
World's first 20 MW offshore wind turbine powers grid in China
Tue 10 Feb 2026
The world's most powerful offshore wind turbine has begun feeding electricity into the grid off the coast of southeast China, marking a major technological leap in the country's wind power industry.
