Topics tagged with 'Carbon prices'
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.
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.
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.
