Topics tagged with 'Carbon prices'
EXCLUSIVE: Carbon News readers can now get full climate report
24 Aug 2012
Subscribers to Carbon News now have access to the full report on research into New Zealanders' views on climate change.
Wave power popular, but progress is slow
17 Aug 2012
New Zealanders might support Government incentives to encourage the marine energy industry, but our attempts at it have yet to bear fruit.
NZUs 'unloved and expensive'
17 Aug 2012
European carbon firmed last night, but is clearly exhibiting a range trading market, OMFinancial reports.
We'll need years to get going, says forester
10 Aug 2012
Large-scale forest planting will not begin until several years after a substantial rise in carbon prices, a key industry player is warning.
Conference urges Govt to act on carbon
10 Aug 2012
A conference on feeding the world and saving the planet is calling for Government action to lift the price of carbon.
NZ carbon attractively priced
10 Aug 2012
It is clear we are going to trade a range for the next few weeks, OM Financial reports.
ETS impact report out today
3 Aug 2012
Latest figures on the impact of the Emissions Trading Scheme will be out today.
A good word to use is languish ...
3 Aug 2012
Do we really want to know what is going on with the carbon markets in Europe and elsewhere, Carbon Market Solutions asks.
NZUs now the 'wallflower' at the carbon dance
3 Aug 2012
The European carbon market moved higher overnight, in spite of weaker energy markets, OMFinancial reports.
Europe to try twin-track fix for market
27 Jul 2012
The European Commission has announced a twin-track approach to fixing Europe’s depressed carbon market with a short-term ‘backloading’ of carbon allowances, to be followed by proposals for long-term structural change before the end of the year.
Little interest in NZUs
27 Jul 2012
Last night’s offshore trading session saw international carbon prices firm following the sell off seen on Wednesday, Westpac reports.
Switch NZUS for ERUs
27 Jul 2012
Carbon was defensive early, but finished with underlying strength and momentum after ECB President Mario Draghi pledged to do whatever it takes to support the Euro, OMFinancial says.
Down, down, down ... carbon hits new low
20 Jul 2012
Global carbon prices are at an all-time low and are expected to go lower.
Foresters might swap carbon for cows
20 Jul 2012
Tumbling carbon prices could trigger the conversion of large tracts of forest into dairy farms, the forestry industry is warning.
ETS a Clayton's scheme, says forester
20 Jul 2012
New Zealand’s Emissions Trading Scheme is now a Clayton’s scheme, says the man who spent five years fighting for carbon credits for forest owners.
Market smacked
20 Jul 2012
The European market fell again last night as the permit delay appears to be headed for a quagmire.
Papers show support for credits cut
13 Jul 2012
Most people making submissions on changes to the Emissions Trading Scheme supported Government plans to restrict the use of international carbon credits in New Zealand, Cabinet papers show.
Labour vows to protect carbon price
6 Jul 2012
Labour says it will push for measures to protect the domestic carbon price.
What about us, ask forest owners
6 Jul 2012
Forest owners say the Government appears to be unconcerned about the tide of European carbon credits flooding on to the New Zealand market.
ETS inaction puts focus on transport
6 Jul 2012
The Government will need to use regulations or incentives to cut emissions from the transport sector if it is serious about reducing this country’s emissions levels, an expert in public policy says.
Trading pioneer waits and watches
6 Jul 2012
Thomas Song used to be a great fan of the Emissions Trading Scheme.
Carbon forestry in hibernation
6 Jul 2012
The announcement from Government on the review undertaken in 2011 on the Emissions Trading Scheme will provide a continuation of the status quo for the next two years, and reveals fundamentally good sense, given current economic conditions, but also dismisses perhaps a good opportunity to prove to the rest of the world that New Zealand Inc could have been enhanced upon a shift toward a low-carbon high-primary-production future, Carbon Market Solutions says.
Eyes on the prize
6 Jul 2012
The European Central Bank cut 25 points, China had a surprise rate cut, and the Bank of England starts another 50 billion of quantative easing, OMFinancial says.
Special Carbon News rate for Dick Smith event
6 Jul 2012
Carbon News readers can secure a special rate when booking to attend the September 14 Future Shape of Business seminar in Queenstown, featuring Australian entrepreneur Dick Smith.
Our masters in Europe
22 Jun 2012
When it comes to carbon prices, Europe will continue to be New Zealand's master for some time, says carbon analyst and Carbon Match founder Lizzie Chambers.
Why the lag in alternative energy progress?
22 Jun 2012
The government, having won the last election, believes that it now has an overwhelming mandate to offer a range of State-owned enterprises to the market in order for it to capture revenues that will assist economic growth up until at least 2014, Carbon Market Solutions says.
Little supply but prices look better
22 Jun 2012
NZU prices rose over the week, following European allowances higher, Westpac reports.
Farmers eye new deal on cow gases
15 Jun 2012
Australian dairy producers could soon earn carbon credits through the Federal Government’s Carbon Farming Initiative by capturing and destroying harmful greenhouse gases released by cow manure.
Three years ... and not much has changed
15 Jun 2012
Last year, we said that one of the critical features for a mature carbon market to develop was the issue of transparency, meaning that when we have liquidity and transparency, we can say quietly and confidently that the carbon markets in New Zealand are functioning well for all stakeholders.
Government on trail of cheap credits
8 Jun 2012
The Government is trying to find out just what impact an inflow of cheap international carbon credits is having on New Zealand’s balance of payments.
Arbitrage back on the table
8 Jun 2012
The Chinese cut rates by 25 basis points - and that’s not a good sign, OMFinancial reports
Growing market meets carbon challenges
1 Jun 2012
The total value of the carbon market grew by 11 per cent in 2011, to $176 billion, and transaction volumes reached a new high of 10.3 billion tonnes of carbon dioxide equivalent, says a new World Bank report.
New low for NZUs, despite surrender date
1 Jun 2012
The much-talked-about final surrender date of May 31 came and went with little fanfare within the local market, Westpac says.
Futures manage bounce in Europe
1 Jun 2012
CER Futures managed to squeeze out a small bounce during the European session last night, albeit on reduced volume and no major fundamental change, OMFinancial reports.
ETS cash cow has lost its moo
25 May 2012
The Emissions Trading Scheme has turned from a cash cow into a financial liability in a few short months.
It's all down to the Greeks
25 May 2012
Despite negative data last night in Europe - German IFO business sentiment falling to six month low, eurozone flash PMI 45.9 vs. 46.7 in April and UK recession deepening with Q1 GDP revised to -0.3 per cent - carbon managed to rebound on a stronger energy complex and finish the day firm, OMFinancial reports.
Carbon low brings halt to forest planting
18 May 2012
Forest planting – crucial to New Zealand’s emissions-reduction plans – has all but stopped in the face of record-low carbon prices.
Marsden eyes emissions savings
18 May 2012
New technology to be installed at the Marsden Point oil refinery will save it hundreds of thousands of dollars a year worth of greenhouse gas emissions.
Why the NZUs premium has shrunk
18 May 2012
The premium of NZUs over European carbon has evaporated over the past week or two, with the differential of NZUs over ERUs now about 10 cents.
Window for switching credits closing fast'
18 May 2012
NZU prices have remained on their recent lows over the week, Westpac reports.
She'll be right, Combet tells public
11 May 2012
The Australian Government says it is committed to supporting jobs and households through putting a price on carbon.
Events in Europe keep carbon down
11 May 2012
Global carbon prices remain subdued and depressed, OMFinancial reports.
Prices continue their fall
11 May 2012
NZU prices hit another low this week, touching $6.20, Westpac's carbon team says.
Local market at record lows
4 May 2012
The NZU market is trading at record lows, with the mid NZU price at around NZD 6.60, Westpac reports.
NZ eyes regional common carbon market
27 Apr 2012
New Zealand is maintaining a “watching brief” on developments in Asia that Australia believes could lead to a common carbon market.
Towns learn how landfill can make money
27 Apr 2012
The Australian Government has teamed up with the Australian Local Government Association to explain how landfill can be used to reduce pollution and earn carbon credits.
Stop and think about the tax
27 Apr 2012
As we head in to May surrender time, OMFinancial is urging all ETS participants who are about to pass units to their points of obligation or to the Government to pause and consider the amount of tax you are effectively about to pay.
Slow-down in European market
27 Apr 2012
CER prices have been relatively range-bound over the past couple of weeks, Westpac reports.
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
Today 12:15pm
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
Today 12:15pm
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
Today 12:15pm
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
Today 12:15pm
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
Today 12:15pm
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
Thu 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
Today 12:15pm
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
Today 12:15pm
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
Today 12:15pm
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.
