Topics tagged with 'Emissions trading'

Cooking up carbon credits
5 Nov 2021
Climate change minister James Shaw has cited Switzerland as an example of a country that is meeting its NDC by offsetting in developing countries. So what do those schemes look like?

Current carbon market a problem: Mark Carney
4 Nov 2021
The current voluntary carbon offset market is "part of the problem", former governor of the Bank of England and UN Special Envoy on Climate Action and Finance Mark Carney said today at the UN Cop 26 climate summit.

National pushing for bilateral carbon market agreements
28 Oct 2021
The National Party is calling on the government to establish bilateral carbon market agreements regardless of the outcome of Article 6 negotiations at the upcoming COP26 Summit in Glasgow.

US carbon markets set for record year
21 Oct 2021
US carbon exchanges will easily hit record volumes this year, in part because of recent record highs but also due to new entrants into the market.

How trading CO2 could save the climate or not: BBC
20 Oct 2021
For its proponents, a global carbon market could significantly reduce the world's carbon emissions. But its critics say that giving polluters the option to pay for their emissions is not the answer to climate change.

The carbon offset market could be worth $200 billion by 2050. But what is it?
19 Oct 2021
Companies and people who want to cancel out the impact of their emissions on the climate often turn to something called carbon offsetting.

Switzerland forms two more Article 6 agreements
14 Oct 2021
Switzerland's federal government today gave the green light to two agreements on the basis of Article 6 of the Paris climate agreement with Georgia and Dominica.

Japan eyes international carbon offsets to deliver 2030 emission cuts
14 Oct 2021
The Japanese government will use international offsets as part of a plan to cut emissions 46% between 2013 and 2030, it said in a document to the UN.

Greenpeace calls for end to carbon offsets
7 Oct 2021
Carbon offsets are allowing the world's biggest polluters to forge ahead with business plans that are threatening global climate goals, the head of Greenpeace International said in an interview.

Carbon credit blockchain platform launched
5 Oct 2021
In a move that will be seen as ironic by some, a new tool allowing users to buy verified carbon credits on the blockchain has been launched in New Zealand.

One in five Australian carbon credits junk: study
22 Sep 2021
About 20% of carbon credits created under the federal Coalition’s main climate change policy do not represent real cuts in carbon dioxide and are essentially “junk”, new research suggests.

First credits sold under Queensland's carbon scheme
22 Sep 2021
A central Queensland couple has become the first to sell carbon credits under the state government's Land Restoration Fund (LRF).

NZU stockpile grows
20 Sep 2021
The NZU stockpile has grown from 134.5 million in March to 138.4 million at the end of June, according to figures just released by the Environmental Protection Authority.

NZU price crashes through CCR
1 Sep 2021
THE third NZ ETS auction cleared at $53.85 today - the first time the cost containment reserve has been breached.

Jump in number of non-obligatory players entering ETS
31 Aug 2021
Nearly two thirds of bids in the last ETS auction in June came from entities that didn’t have compliance obligations.

Price of carbon crosses 60 euro for first time
31 Aug 2021
The European benchmark price for carbon allowances on Monday morning climbed above 60 euros per tonne for the first time since the European Union’s carbon market launched in 2005.

Singapore exchange to tighten climate rules
31 Aug 2021
The Singapore Exchange will ask all companies listed on its exchange to disclose climate-related information or explain why they cannot do so.

China’s new carbon trading market isn’t working
24 Aug 2021
The price of emissions credits in China’s carbon trading market reached a record low on Aug. 20, the latest sign that the market’s structural flaws are preventing it from working as an effective weapon against climate change.

NZU price jumps on announced increase in CCR trigger price
23 Aug 2021
The price of NZUs broke through the $50 mark today for the first time on news that the government is increasing the Cost Containment Reserve trigger price to $70 next year.

Carbon making good returns on the NZX
18 Aug 2021
New Zealand’s only carbon fund has more than trebled in size since the beginning of the year and is now worth close to $35 million.

Rise of the 'carbon capitalist'
18 Aug 2021
Matthew Roling, an adjunct professor of finance at Wayne State University, argues that carbon markets will become 'the largest commodity markets in history.'

China's carbon market records its first cross-border deal
16 Aug 2021
Even as trading on China's national carbon market dwindled away in its first month to next to nothing, one sign of life emerged this week in the form of an unusual cross-border deal for a voluntary form of carbon emission credits.

Price of carbon driving forestry conversions
5 Aug 2021
Research commissioned by Beef + Lamb New Zealand has found that about 26,550 hectares of farmland has been sold to “carbon-only” entities since 2017.

10 YEARS AGO...
3 Aug 2021
Ten years ago, British electricity generators were paying 16 pounds a tonne for carbon – nearly twice the then price of carbon in New Zealand.

Analysts raise EU carbon price forecasts
28 Jul 2021
Analysts have raised their European carbon market average price forecasts after the European Commission unveiled a package of policies to implement its climate targets, including reforms to limit the number of carbon permits available.

China's carbon market tops 210 million yuan in first-day trading
19 Jul 2021
China's national carbon market, the largest emissions trading system in the world, made its debut on Friday with a turnover of 210 million yuan for carbon dioxide emissions on the first day

Number of NZUs surrendered drops
15 Jul 2021
The net number of NZUs surrendered in the year ending June dropped from $40.24 million last year to $38.87 million.

NZUs continue to climb
8 Jul 2021
The price of NZUs have increased by more than 24% since the beginning of last month – hitting $46 on both the Commtrade and Carbon Match platforms yesterday.

10 YEARS AGO...
6 Jul 2021
Ten years ago, NZ Carbon Farming was claiming it had made the biggest carbon deal in New Zealand history - but it wouldn't say how big.

Feebate could see ETS cap reduce: Shaw
1 Jul 2021
Minister for Climate Change James Shaw says policies like the feebate scheme will allow the government to reduce the ETS cap quicker than would otherwise be the case.

10 YEARS AGO...
29 Jun 2021
Ten years ago, the then Labour leader of the opposition, Phil Goff, told Federated Farmers that under a Labour government agricultural emission would be included in the ETS.

NZU price keeps climbing
25 Jun 2021
NZUs are trading at all-time highs of more than $43 on both CommTrade and Carbon Match today

UK aviation emissions up, up and away till mid-2030s
23 Jun 2021
The UK aviation industry has announced carbon targets that allow emissions from planes to increase into the mid-2030s.

NZU prices plateau before 2nd ETS auction
22 Jun 2021
Prices for NZUs have plateaued around the $41 mark in the lead up to tomorrow’s ETS auction.

10 YEARS AGO...
22 Jun 2021
Ten years ago, New Zealand carbon prices were expected to drop following falls in Europe.

New forward carbon product launched
18 Jun 2021
Media Release - emsTradepoint Ltd (a subsidiary of Transpower) has today launched a new quarterly forward product for carbon.

10 YEARS AGO...
16 Jun 2021
Ten years ago, an executive from Shell Australia was saying the ETS was a more effective way to fight climate change than government subsidies to renewable energy.

10 YEARS AGO...
15 Jun 2021
Ten years ago, the international carbon market was stalled at around $US142 billion.

Getting people out of their cars a top priority
14 Jun 2021
The lead author of a 2016 Royal Society report that recommended a feebate scheme says yesterday’s announcement is welcome news but getting people out of their cars remains a top priority.

ETS needs strengthening: ClimCom
11 Jun 2021
The Climate Change Commission has recommended that the ETS be amended to further tilt incentives towards emission reduction and away from the planting of exotic forests.

Responses to ClimCom final advice divides along usual lines
10 Jun 2021
An avalanche of press releases in response to yesterday’s release of the Climate Change Commission’s final advice to the government sees interest groups dividing along familiar lines.

10 YEARS AGO...
10 Jun 2021
Ten years ago, the operators of a Waikato aboretum won the right to sell carbon credits from their trees.

10 YEARS AGO...
9 Jun 2021
Ten years ago, NZUs were trading for between $19.65 to $19.85, on light volume.

NZU price on the up
8 Jun 2021
After dropping from a high of $39.60 in February to $36.25 last month, the price of NZUs is on the way up, crossing the $38 mark today.

Investors piling into carbon market
4 Jun 2021
Investors have piled into new carbon-credit-trading funds, helping make the upstart market one of the best-performing commodities-related investments of the past year, The Wall Street Journal reports.

ClimCom and National Party at odds over ETS
28 May 2021
An opinion piece by Climate Change Commission Chair Rod Carr reiterating the commission’s position that the ETS alone won’t deliver a desirable low emissions future has riled up the National Party.

How should that $3 billion in ETS revenues be spent?
27 May 2021
Paying farmers to reduce their stocks, electrifying the main trunk line, and subsidies to zero-carbon housing, are some of the ideas suggested by experts for how the Government should spend the estimated $3 billion dollars raised over the next five years from the ETS auctions.

Gas to flicker on?
24 May 2021
Without extra investment New Zealand could find itself without enough gas supply to ensure security of electricity by 2026, a regulator has warned.

Is that lithium or methane on the Govt’s breath?
21 May 2021
In 1985, then prime minister, David Lange, memorably quipped that he could smell the uranium on the pro-nuclear televangelist Jerry Falwell’s breath during an Oxford Union debate.