Topics tagged with 'Market advice'
Climate risks could reshape business finances, new guidance warns
15 Apr 2026
By Shannon Morris-Williams | New guidance warns climate change is set to fundamentally reshape financial outcomes for businesses, including difficult-to-model climate “tipping points” – irreversible changes such as ice sheet collapse or ocean circulation shifts – which threaten severe and sudden financial impacts.
Carbon News launches price index
24 Jun 2024
Today’s issue is the first to feature Carbon News’ own carbon price index for secondary market spot prices for NZUs on New Zealand’s compliance market.
The case for using climate finance to create carbon markets
1 Nov 2022
Funding for carbon markets should become natural part of the climate finance toolkit, argues European Bank for Reconstruction and Development's Gerrit Held.
London stock exchange launches its voluntary carbon market rules
12 Oct 2022
After nearly a year since first announcing that it would be developing a new market solution to accelerate the availability of financing for projects that will support a just transition to a low-carbon economy, the London Stock Exchange has launched its public market framework.
Rising interest rates only a mild snag in climate battle
29 Sep 2022
Rising interest rates present no significant barrier to the world's transition to net zero emissions by 2050 despite the high levels of investment in green energy needed, according to a strong majority of climate economists polled by Reuters.
$22-trillion time bomb’ ahead unless banks drop high-carbon investments: Moody’s
30 Nov 2021
Financial institutions are facing a US$22-trillion time bomb due to their investments in carbon-intensive industries, Bloomberg News reports, citing a study last week by Moody’s Investment Services.
Pests a major contributor to climate change: Forest & Bird
18 Jun 2021
THE West Coast’s kamahi-podocarp forests are bleeding 3.4 million tonnes of stored carbon annually because of browsing deer, goats, chamois and possums, a Forest and Bird Report, released today, reveals.
Climate Change Commission faces possible legal challenge
15 Jun 2021
Lawyers for Climate Action NZ are considering bringing a judicial review against the Climate Change Commission on the grounds that its recently released final advice to the government is incompatible with keeping global warming to 1.5c.
Kiwis want action on climate change: IAG Poll
11 Jun 2021
Media Release - New Zealanders are increasingly expecting the government and business sector to take stronger action on climate change adaptation, according to the results of IAG’s fourth annual climate change opinion poll.
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.
Inaia tonu nei – the time is now
9 Jun 2021
Inaia tonu nei – the time is now: a low emissions future for Aotearoa – the Climate Commission’s final advice to the Government, released to the public today, says a revision of the New Zealand’s baseline emissions has made the task ahead “slightly more difficult.”
IMF warns climate change is a serious risk to financial markets
4 Jun 2021
Climate change poses serious risks to the stability of the financial system, a senior International Monetary Fund official told CNN Business.
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.
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.
Sustainable business groups welcome budget
21 May 2021
MEDIA RELEASE - Business leaders from the Sustainable Business Council (SBC) and the Climate Leaders Coalition (CLC) welcome the 2021 Budget announcement on climate action, noting that it sets high expectations for further commitments resulting from the imminent Emissions Reduction Plan, in next year’s budget.
Public to see ClimCom’s final advice next month
18 May 2021
The public will get to see the Climate Change Commission’s final advice to the Government by the middle of next month.
Investor Group on Climate Change outgoing CEO optimistic about the future
10 May 2021
The outgoing CEO of the Investor Group on Climate Change, Emma Herd, says she’s never felt more optimistic about the likelihood of the world successfully dealing with climate change.
Best by the rest...
16 Apr 2021
The New Zealand Herald has published a series of articles in recent days as its contribution to Covering Climate Now's "Living Through the Climate Emergency" week of coverage in the lead up to Earth Day.
10 YEARS AGO...
16 Apr 2021
Ten years ago, Solid Energy said the Government was wrong to listen to Pike River Coal's advice on methane gas emissions from coal mines.
Free range forest hens
15 Apr 2021
MEDIA RELEASE - A leading forest free range farm will open today near Tokoroa in South Waikato, pioneering sustainable egg production in New Zealand.
15000 ClimCom submissions
9 Apr 2021
Just over a week since submissions closed on the Climate Change Commission’s first draft advice to the Government, the commission says it is making good progress on reviewing feedback.
Call for finance sector regulation
7 Apr 2021
New regulations requiring the financial sector to disclose the greenhouse gas emission of their investment portfolios are needed, the Sustainable Business Network says in its submission to the Climate Change Commission.
Renewable LPG the answer
7 Apr 2021
MEDIA RELEASE - Renewable LPG can supply New Zealand’s LPG needs and achieve the emissions reductions proposed by the Climate Commission without the need to ban new connections, a new study shows.
Be careful with price controls, says Z
31 Mar 2021
Fuel retailer Z Energy says the Climate Commission’s advice on raising the cost containment trigger price of NZUs risks participants stockpiling NZU, affecting liquidity.
Helping small businesses cut their carbon
31 Mar 2021
Climate Change Minister James Shaw today launched a Climate Change Toolkit which he jokingly said was for the “other 97 per cent” of businesses.
Reserve Bank calls for Govt lead on green bonds
30 Mar 2021
Government intervention is likely to be needed to encourage greater investment in green bonds, the Reserve Bank says.
How voluntary offsets can help us meet our Paris promise
30 Mar 2021
New Zealand should have a two-pronged voluntary carbon-offsetting framework to boost climate change, a new report says.
Don't miss getting your emissions return in
29 Mar 2021
Anyone who miss this week’s deadline for Emissions Trading Scheme returns is risking stiff new penalties.
MERIDIAN: EVs and low-carbon boilers are key
26 Mar 2021
Meridian Energy has come out in favour of a feebate scheme for electric vehicles and government intervention to speed up the conversion of fossil-fuel boilers to electricity.
Submissions flooding in to ClimCom
26 Mar 2021
The Climate Change Commission has already received more than 6000 submissions in response to its draft report with two days to go until the extended deadline on Sunday.
Carbon markets prove resilient to the coronavirus pandemic
25 Mar 2021
After the 2008 global financial crisis, the price of pollution permits on the European Union emissions trading system plummeted, hitting confidence in carbon markets as a lever for climate action.
Why we need a carbon club
25 Mar 2021
If the three biggest economies - China, the United States and the European Union - agree a carbon tax on imports, it will catalyse climate action globally, a new paper says.
SHAW: No point ignoring ClimCom's views on prices
22 Mar 2021
Climate Minister James Shaw appears likely to back any recommendation from the Climate Change Commission to increase price controls in Government auctions of carbon credits.
NZUs should be more than $100, MPs told
8 Mar 2021
An umbrella group representing more than 50 environmental organisations says NZUs would trading at more than $100 if the Government set more environmentally realistic limits on the number of units available.
Economists, minister debate climate report
5 Mar 2021
Finance Minister Grant Robertson says the ClimCom draft advice on climate change is the most significant report in his lifetime.
ClimCom extends submission deadline
24 Feb 2021
The deadline for submissions on the Climate Change Commission’s draft recommendations is being extended.
Sign up for first carbon auction now
18 Feb 2021
The Government’s new carbon-auctioning website is live.
Action on auction bill
11 Feb 2021
Carbon market participants have 10 days to have a say on plans to include a confidential price reserve in the country’s new auctioning regime.
Nats to Shaw: Why the late change, Minister?
10 Feb 2021
The National Party says it will support sending a law to stop gaming of the carbon markets to a select committee, but wants to know how the Government got itself in such a pickle.
MARKET LATESTl NZUs $39.10
10 Feb 2021
Spot NZUs opened at $38.60 bid and $39.60 offered on CommTrade this morning, after last fixing at $39.10.
'Dangerous' push to leave farmers out of Aussie target
9 Feb 2021
Australian Prime Minister Scott Morrison might be warming to the goal of net-zero emissions by 2050, but federal Nationals leader Michael McCormack has thrown a spanner in the works by suggesting agriculture be excluded from the target.
Let's think about what's possible
4 Feb 2021
We need more than electric cars to save us - it's time to think about a whole new transport system, says applied mathematician Professor Robert McLachlan.
$50 is not a price cap, says NZX
29 Jan 2021
Domestic carbon prices could go above $50 a tonne even if the new cost-containment reserve is triggered.
FRIDAY POLITICS: Government in a flurry
29 Jan 2021
It’s been a busy week for our politicians, with lots of behind-the-scenes flurrying over the looming release of the Climate Change Commission’s first report.
Govt moves on transport ahead of ClimCom report
28 Jan 2021
The Government is pre-empting likely criticism from the Climate Change Commission by today announcing a suite of policies tackling greenhouse gas emissions from transport.
Auctioning system to be tested
13 Jan 2021
Simulated auctions of NZUs will be held on January 27 and 28 to test whether the country is ready for the new auctioning regime.
MARKEST LATEST: NZUs $37.62
23 Dec 2020
Spot NZUs opened at $37.50 bid and $37.75 offered on CommTrade this morning, after last fixing at $37.62.
WELLINGTON: Give us carbon credits for our wetlands
10 Dec 2020
A second regional authority is calling for non-forestry carbon sequestration like wetland restoration to earn carbon credits.
'Terrible result': Emissions barely budged in 2024
Fri 5 Jun 2026
By Shannon Morris-Williams | New Zealand's greenhouse gas emissions were virtually unchanged in 2024, falling by 0.03%, despite the economy shrinking by ten times that amount during the same period, according to new data.
Media round-up
Fri 5 Jun 2026
In our round-up of climate coverage in local media: The government must stop delaying decisions on funding climate adaptation, says Gisborne mayor; insurance conference exposes poor preparation for climate change; and Labour questions whether a disappearing climate briefing note was part of a deliberate cover-up.
$30m airline fund risks ‘burning public money’ without lasting benefit – expert
20 Mar 2026
By Shannon Morris-Williams | A $30 million government package to support regional air routes risks delivering poor value for money while increasing emissions, according to transport strategist Tim Adriaansen.
Europe's green jet fuels see upside in Iran war
Wed 3 Jun 2026
Interest in synthetic propellants is growing as the Iran war pushes Europe to reassess its dependencies, raising hopes of a turnaround for the struggling sector, according to industry experts.
Govt injects $10 million into Auckland predator-free projects
Fri 5 Jun 2026
Conservation projects across Auckland will share in a $10 million Government funding package designed to accelerate predator eradication efforts and restore native biodiversity.
Huntly biomass option no cheap fix, Genesis tells MPs
28 May 2026
Genesis Energy says biomass can be burned in Huntly's Rankine units, but current costs put it in roughly the same price range as imported LNG and extra Rankine capacity would be expensive and could take years.
Willis touting mysterious ‘new approaches’ to meet Paris Agreement
Tue 2 Jun 2026
By Liz Kivi | Finance Minister Nicola Willis has again said that New Zealand is unlikely to buy significant offshore mitigation to meet the country’s international climate targets.
Dutch court agrees to hear Greenpeace lawsuit against US energy company
Fri 5 Jun 2026
Judges in Amsterdam handed Greenpeace a preliminary victory on Wednesday in an anti-intimidation court case, rejecting a request from fossil fuel pipeline company Energy Transfer to toss the complaint out.
‘Fiscal hole’ likely to deepen as another carbon auction looms
28 May 2026
By Liz Kivi | A broker is picking the NZU price will push towards $60 in the coming weeks on the back of improved confidence, however prices on the secondary market are still lagging well below the auction floor, with the second auction of this year less than two weeks away.
Lack of demand leads to Bathurst pausing coal mine expansion
Tue 2 Jun 2026
By Liz Kivi | Bathurst Resources has confirmed it is struggling to find a market for coal from its planned extension of the Rotowaro coal mine in North Waikato, and is putting the project on ‘pause’.
NZ’s sustainable finance credibility gap
Fri 5 Jun 2026
By Manbo He | COMMENT: New Zealand has built serious sustainable finance infrastructure - but risks failing to attract the global capital that infrastructure was designed for, because it lacks the practitioner capability to operate it credibly.
Green building council calls for clean energy policies
18 May 2026
The New Zealand Green Building Council has released its 2026 election manifesto calling for policies to reduce energy waste in buildings, lower household and business energy costs, and improve New Zealand’s energy security.
What Magyar’s defeat of Orbán in Hungary means for climate and energy
21 Apr 2026
Hungary has played a disproportionate role in EU climate and energy policy in recent years, by repeatedly vetoing climate action and by delaying the phaseout of Russian fossil-fuel imports.
NZ’s ‘light‑touch’ approach to voluntary carbon and nature markets may unlock finance but risks credibility
Tue 2 Jun 2026
By Jennifer Campion, University of Waikato | The government’s recent announcement of support for voluntary carbon and nature markets effectively offers a “warrant of fitness” to signal which markets can be trusted, without directly regulating them.
EU wants households to cut peak time energy use as demand from industry and AI soars
Fri 5 Jun 2026
A new law will aim to use artificial intelligence to boost efficient use of power as electricity demand threatens to overwhelm Europe’s grids.
Environmental groups call for ETS reform
20 Feb 2026
Several environmental organisations are calling on political parties to make climate and biodiversity central to the 2026 election campaign, with reforming the Emissions Trading Scheme seen as a key priority.
Seven ‘new approaches’ to avoid our Paris commitments: Carr
Thu 4 Jun 2026
Praying for “new approaches” to materialise to meet our international climate obligations isn’t a strategy, writes Rod Carr.
EDS urges MPs to scrap the Fisheries Amendment Bill
5 May 2026
Media release | The Environmental Defence Society today lodged a substantive submission on the Fisheries Amendment Bill.
Nature-based solutions – such as forestry – crucial for carbon removal
Fri 5 Jun 2026
COMMENT: Transitioning from erodible pasture to well-managed forest can yield substantial environmental benefits, writes James Treadwell.
LNG isn’t the best 'dry year' solution – new report
Thu 4 Jun 2026
By Liz Kivi | The Government’s proposed LNG import terminal isn’t the best solution for ‘dry year’ electricity security, according to a new report.
Govt legislates for more gas market transparency
Tue 2 Jun 2026
The Government has passed its Gas Market Transparency Bill through all stages under urgency, giving itself stronger powers to see into a gas market where tightening supply is creating significant uncertainty for businesses.
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.”
Record-breaking heat and dry spring leave parts of England without water
Tue 2 Jun 2026
Thousands of households in southeast England were left without water or facing low pressure during a record-breaking heatwave this week, as high demand followed a dry spring to expose the failings in Britain's ageing infrastructure.
Why ‘greenhushing’ signals deeper issues with NZ’s climate risk reporting regime
15 May 2026
By Hang Pham, Te Herenga Waka — Victoria University of Wellington | Most of us are familiar with the concept of greenwashing: organisations exaggerating or overstating their environmental credentials. But in New Zealand, there are signs the country’s climate disclosure regime may inadvertently be driving a very different trend: not saying much at all.
Hipkins pans LNG plan as ‘massive step backwards’
19 May 2026
By Liz Kivi | Labour leader Chris Hipkins has told a Queenstown audience that a Government he leads would not proceed with a planned LNG import terminal, if elected at November’s election.
Victorian Hydrogen announces Southland urea fertiliser project using coal
22 Apr 2026
By Liz Kivi | Australian-based Victorian Hydrogen has announced it is developing a new 1.5 million-tonne-a-year urea fertiliser operation in Southland, which it will apply for under fast-track legislation.
Media round-up
24 Apr 2026
In our round-up of climate coverage in local media: What is the real cost of storm-hit infrastructure? Urgency is needed over climate adaptation funding; and a community conservation group has won a legal victory against multinational mining company OceanaGold.
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.
Appeals Court affirms dismissal of youth climate case against Trump
Fri 5 Jun 2026
The lead attorney for the 22 plaintiffs said the court has “slammed the courthouse doors on children fighting for their lives.”
LNG vital to prevent economic damage as gas leaves NZ economy
27 May 2026
By Pattrick Smellie | Importing natural gas will make the difference between an “orderly” or “chaotic and unnecessarily costly" decline as domestically produced gas runs out, the chief executive of the Gas Industry Company, David Prentice, said yesterday.
Changes to emissions factors prompt caution over climate claims
Thu 4 Jun 2026
By Shannon Morris-Williams | Organisations may need to revisit how they calculate and communicate their greenhouse gas emissions after the Ministry for the Environment released an updated version of its Measuring Emissions Guide, incorporating new emissions factors based on New Zealand's latest greenhouse gas inventory.
Move to block lawsuits could strengthen climate case against Govt
14 May 2026
By Liz Kivi | The Government’s plan to block climate lawsuits – while potentially fatal for one groundbreaking climate case – could actually bolster claims in another live climate case underway against the Government.
Wetland protections failing to stop losses
28 May 2026
By Shannon Morris-Williams | New mapping commissioned by the Environmental Law Initiative shows wetlands across New Zealand are still being converted to pasture, forestry and mining despite stronger national protections introduced in 2020, with researchers warning enforcement gaps may be undermining the rules.
Renewables alone won’t fix ‘broken’ electricity prices
Thu 4 Jun 2026
COMMENT: While many people agree the electricity market is broken, simply adding more renewables to a broken system isn’t the fix we need, writes Geoff Bertram.
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.
Deep South marine reserves boost protection by nearly 50%
Wed 3 Jun 2026
Five new marine reserves protecting more than 300 square kilometres of ocean habitat along the Otago and south Canterbury coast will come into force next month, marking one of the largest expansions of mainland New Zealand's marine reserve network in decades.
Environmental groups sue Trump administration over approval of new ultra deep-water drilling project
23 Apr 2026
Environmental groups sued the Trump administration on Monday over its approval last month of oil company BP’s ultra deep-water drilling project in the Gulf of Mexico.
Climate takes back seat in Budget 2026
29 May 2026
By Shannon Morris-Williams | Climate change featured only lightly in Budget 2026, with most climate-related spending focused on resilience and disaster recovery rather than emissions reduction, while the Government again left out any updated estimate of the cost of meeting New Zealand’s Paris Agreement obligations.
A real ‘intergenerational equity’ budget would address Australia’s unceasing environmental decline
15 May 2026
Labor has unveiled a budget designed to tackle intergenerational equity in Australia through bold tax reform.
Six NZ climate solutions up for 2026 Earthshot prize
21 May 2026
By Shannon Morris-Williams | Six New Zealand climate and sustainability initiatives have been nominated for the 2026 Earthshot Prize, with the shortlist showcasing Kiwi-led solutions tackling emissions, plastic waste and ocean restoration.
Climate Commission consulting on update to emissions budget advice
Fri 5 Jun 2026
By Shannon Morris-Williams | The Climate Change Commission is consulting on updating its 2024 emissions budgets advice, with the update needed after the Government changed the biogenic methane target last year.
New breed of political prisoner arises in Britain as anti-protest sentences rise
27 May 2026
More people are being jailed in England and Wales as a result of acting to prevent climate breakdown and the war in Gaza, research reveals.
Green Party calls for national electrification plan
20 Apr 2026
By Liz Kivi | The Green Party is calling for a national plan to electrify homes, transport and industry using renewable energy, to reduce fossil fuel dependence in response to the Middle East crisis.
US to ‘kill’ climate disclosure rule
Tue 2 Jun 2026
In the latest action to undo Biden-era regulations on climate change, the Securities and Exchange Commission has proposed repealing a rule that requires some public companies to report their greenhouse gas emissions and the risks they face from global warming.
China’s CO2 climbs 2% in early 2026 due to ‘wasted’ wind and solar
Fri 5 Jun 2026
The country used more coal and gas to generate electricity than in the same quarter a year earlier, despite a record amount of new wind and solar capacity being built.
‘Landmark’ conservation reform bill – boost or bust for nature?
8 May 2026
By Liz Kivi | The Government has announced an overhaul of the country’s conservation system, which environmental organisation Forest & Bird says will undo the work of many generations of Kiwis to protect public conservation land.
World-first trial turns NZ pine into bitumen alternative
Thu 4 Jun 2026
New Zealand researchers have successfully developed a road surfacing binder made entirely from pine trees, a world-first breakthrough that could reduce the country's reliance on imported petroleum-based bitumen.
Carbon trading schemes cut more emissions than carbon taxes, according to global study
20 Mar 2026
By Shannon Morris-Williams | Carbon trading schemes are more effective than carbon taxes at reducing emissions, cutting fossil fuel use, and accelerating the shift to renewable energy, a global study has found.
Energy, water use and pollution of AI and data centres rival most countries
Fri 5 Jun 2026
The environmental footprint of data centres already rivals some of the world’s largest countries, according to a United Nations University report, which also predicts their water and energy use and pollution will double in just four years as use of artificial intelligence grows.
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.
Prepare for imminent return of El Niño, UN warns
Thu 4 Jun 2026
The world must prepare for the imminent return of El Niño and the supercharged weather extremes it brings, the UN has warned.
Project linking food waste to cutting methane emissions gets underway
27 May 2026
Media release | Kai Commitment is leading a New Zealand-first project to help understand the connection between food waste and methane emissions and identify effective interventions.
Why is Northern Ireland facing a growing threat from wildfires?
7 May 2026
Figures show that spring drought events are happening more often while there has been a sharp rise in "fire weather" - a mix of warmth, dryness, and wind that allows fires to ignite and spread rapidly. Experts warn this combination, along with climate change, is creating a longer and more volatile wildfire season.
Waves with world's first wind power undersea data center
Thu 4 Jun 2026
China has begun operations of the world's first undersea data center directly powered by offshore wind, as the country races to solve the soaring energy demands of artificial intelligence with greener and more efficient infrastructure.
