Topics tagged with 'Carbon prices'
Prices force rethink on carbon books
20 Apr 2012
The Government is reworking its books in the wake of the carbon price collapse.
Perth company gets first carbon licence
20 Apr 2012
CO2 Group has become the Australia’s first carbon project developer to get a financial services licence that will allow the company to trade carbon credit units.
Good news from Europe
20 Apr 2012
European carbon prices have consolidated and posted modest gains in the past week.
Demand will stall if agriculture delay goes ahead
20 Apr 2012
The Government’s proposal to further delay bringing agriculture into the Emissions Trading Scheme could have serious consequences in the carbon markets, Carbon Market Solutions says
Quiet week in the market
20 Apr 2012
Activity in the New Zealand carbon market has been relatively subdued, despite last week’s release of the Government consultation document.
Price fall stops - for now
13 Apr 2012
The international price for carbon is consolidating at current levels after suffering a sharp sell-off through March on the back of oversupply, disagreement about how to deal with it and a greater-than-expected fall in 2011 emissions.
Important steps in ETS proposals
13 Apr 2012
Changes the Government is proposing to the Emissions Trading Scheme could have important consequences for those participating in the ETS, says Carbon Market Solutions – especially plans to limit the use of CERs and to introduce a cap-and-auction mechanism.
Uncertainty keeps carbon prices down
5 Apr 2012
Carbon is suffering another down-leg as uncertainty and over-supply problems persist, OMFinancial reports.
Trader has high hopes for new platform
30 Mar 2012
OMFinancial launches an online carbon platform today which it says has the potential to become a regional market.
Europe acts to right the ship
30 Mar 2012
The carbon market is not in the state that was predicted a few years ago, Carbon Market Solutions says.
Time for emitters to move
30 Mar 2012
While spot NZUs maintain a healthy premium over spot CERs and ERUs, we have seen the premium of NZU forwards narrow over CER forwards.
Australia stands alone in low-carbon slide
23 Mar 2012
Australia is the only G20 country that has gone backwards on its low-carbon competitiveness since 1995, according to the Global Climate Leadership Review 2012 released by The Climate Institute.
NZU maintains premium over CERs
23 Mar 2012
Volatility in the European market continues to be the main driver for local carbon prices, OMFinancial says.
ETS signs good for Asia-Pacific pact
23 Mar 2012
While most news about the international carbon market has been discouraging lately, there is still optimism within the Asia-Pacific region, Carbon Market Solutions says.
Market watching for rule changes
23 Mar 2012
It's been a volatile week in the European carbon markets, with both EUAs and CERs ending the week down (with one more day to go), Westpac says.
Cap on CER numbers 'never been more important'
16 Mar 2012
February and March saw optimism return to the New Zealand carbon market as good news from Europe helped float prices above $8 a unit.
Shortage of NZUs in market
16 Mar 2012
International carbon markets had a rocky start to the week, as Poland vetoed an EU vote to cut greenhouse gas emissions by 80 per cent by 2050, and rumours circulated that China had forbidden domestic airlines from purchasing Airbus aircraft.
Trading volumes light
9 Mar 2012
This week's trading volumes have been noticeably light across both local and international carbon markets, Westpac says.
Bearish tone in Europe
9 Mar 2012
Low volumes and weak prices have dominated the headlines from Europe this week, reports OMFinancial.
Australia eases impact of carbon price
2 Mar 2012
Rules are in place for providing assistance for Australia’s most emissions-intensive, trade-exposed industries to prosper in a carbon constrained economy.
Australian election poses ETS problems
2 Mar 2012
A big event in the future of the New Zealand Emission Trading Scheme will be the introduction of the Australian carbon tax flexible pricing period in 2015, Carbon Market Solutions says.
Carbon reacts to European vote
2 Mar 2012
The European Parliament vote to cut the supply of carbon passed, and carbon had the classic “buy the rumour and sell the fact” reaction, correcting close to 8 per cent in two days, OMFinancial reports.
CERS lower after EU vote
2 Mar 2012
The main focus for the carbon markets this week was the much-heralded European vote to signal support for the option of withholding some European Unit Allowances (EUAs) from the European ETS, Westpac reports.
Converting farmers like low carbon
24 Feb 2012
Low carbon prices are proving a boon for farmers wanting to convert forest land to farmland.
Carbon prices sailing choppy seas
24 Feb 2012
This week has seen choppy trading in NZD carbon, Westpac reports.
EU action gives carbon prices a boost
17 Feb 2012
Carbon prices are rising on the back of European moves to limit supply.
Agencies chase slice of farm carbon pie
17 Feb 2012
More than 500 applications have been received from Australian universities, land managers, industry and government agencies for government funding to test and develop new ways for farmers to reduce carbon emissions.
Tasman ETS links will have impact here
17 Feb 2012
Australian’s Carbon Pricing Mechanism will enter its flexible pricing stage in 2015. Carbon Market Solutions looks at the likely impact on carbon prices in New Zealand.
Europe move could jump prices
17 Feb 2012
A committee of MPs in the European parliament has supported a motion to withdraw (set aside) carbon permits (EUAs) from the EU ETS for the 2013 to 2020 period.
A good week for carbon
17 Feb 2012
It has been a good-news week for holders of carbon, with NZU prices rising 16 per cent to finish the week around NZD8.
Why CERs are best bet in the long run
10 Feb 2012
The price of NZUs remains low – partly because of the effects of CERs on the New Zealand Emissions Trading Scheme, Carbon Market Solutions reports.
The wall of carbon is the real problem
10 Feb 2012
Will the Government block overseas carbon, as suggested in the briefing to incoming ministers? OMFinancial asks.
Prices ride the rocky road
10 Feb 2012
NZD carbon prices have continued their rocky road over the past week, moving to two-month highs before softening and giving back much of these gains towards the latter part of the week, Westpac reports.
Govt might block overseas credits
3 Feb 2012
The number of international carbon credits coming into New Zealand could be cut.
Westpac charts rises and falls of carbon
3 Feb 2012
Carbon has joined other financial instruments on Westpac’s website.
Carbon could push higher
3 Feb 2012
Now that the Government has played its hand on industrial gas CERs, the opportunity exists to swap your NZUs and trey/green CERs for cheaper units, such as large hydro CERs and ERUs, OMFinancial says.
Where Europe goes, we go ...
3 Feb 2012
The European Union is so critical to the outlook for carbon prices for the next year that we’re looking at the issue again this week, Carbon Market Solutions says.
Carbon hits a six-week high
3 Feb 2012
Carbon prices have seen a lift this week on the back of a more upbeat tone out of Europe, Westpac reports.
$500m boost if farm emissions cut
27 Jan 2012
Halving agricultural greenhouse gas emissions could give a $500 million-a-year boost to the economy.
Hope for global carbon prices
27 Jan 2012
It has been a very interesting week for those keeping a close eye on global carbon prices, OMFinancial reports.
Better off with a barbie
27 Jan 2012
It continues to be a quiet start to the new year, with many market participants more excited about a barbie at the beach than the price action in carbon markets, Westpac says.
Prices force major forester to rethink
20 Jan 2012
Low carbon prices are causing one of our largest forestry companies to think twice about selling this year.
Business lobby says no to floor price
20 Jan 2012
Restricting prices at the lower end of the carbon market would be self-defeating, says BusinessNZ.
Market picks up - a little
20 Jan 2012
We have witnessed a slight rise in volumes this week, with more participants having returned from their summer holidays
Poor prices will hurt government income
16 Dec 2011
Collapsing carbon prices could leave a hole in the Government’s books.
Prices take dramatic slide
16 Dec 2011
NZD carbon prices have had a dramatic slide this week, with NZUs posting a new low of $7.60 before recovering to the current levels, around $8.30, Westpac reports.
It's a platform, it's a roadmap ... it's something
16 Dec 2011
Expectations were low, risks were high, and the politics were volatile as government representatives met in Durban, South Africa, for international climate change negotiations earlier this month.
Carbon hits new low, but expect a fightback
9 Dec 2011
Carbon prices are expected to rally today after hitting an all-time low yesterday, trading at less than half their value of just seven months ago.
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.
