Topics tagged with 'Market advice'
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.
Carbon continues its bull run
10 Dec 2020
Spot NZUs have hit $38 just two days after reaching $37, tempting sellers back into the market.
Fifty years of observations, no reversal of glacier climate damage
31 Mar 2026
Media release: Earth Sciences New Zealand | Fifty years on from the first aerial survey of our Southern Alps glaciers, late snow and variable summer weather delivered a temporary reprieve from rapid ice loss, says Earth Sciences New Zealand.
Climate experts say spring is coming earlier. How will that affect agriculture and ecosystems?
Tue 7 Apr 2026
An earlier spring affects when migratory birds arrive, leaves emerge, and fruit ripens — among plants and animals that determine ecosystem health.
$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.
Signs of jet fuel hoarding emerge in Asia on Iran oil shock
26 Mar 2026
Signs are growing that Asian countries are hoarding jet fuel after the Iran war sent oil prices surging, reflecting growing strain on the aviation industry.
Environmental groups launch legal action over Govt's 'tick-box approach' to conservation land
Today 11:30am
By Liz Kivi | Forest & Bird and the Environmental Defence Society are taking the Government to court over decisions about the future of publicly-owned land on Te Tai Poutini/the West Coast.
Genesis fires up pellet study with Nature’s Flame
Today 11:30am
By Pattrick Smellie | Genesis Energy is extending its quest for locally produced torrefied wood pellets to supplement coal and gas to fuel its Huntly power station, announcing it is investigating plant construction with established local solid fuels player Nature’s Flame.
Supply-side pressures and political uncertainty ahead for carbon market
Tue 7 Apr 2026
By Kristen Green | ANALYSIS: With failed auctions, a surge of new forestry registrations, and an election a few months away, the NZ ETS in 2026 will be subject to a mix of supply-side pressures and political uncertainty.
Oil prices choppy after expletive-laden Trump threat to Iran
Today 11:30am
Oil prices saw choppy trading on Monday after US President Donald Trump threatened to destroy critical infrastructure in Iran unless it allows ships to cross the Strait of Hormuz.
Economic contraction will impact carbon market
1 Apr 2026
By Liz Kivi | While higher fossil fuel prices strengthen the long-run economics of decarbonisation, the current fuel crisis won’t inspire near-term confidence in the carbon market, according to Lizzie Chambers of Carbon Match.
Asia ramps up use of dirty fuels to cover energy shortfall triggered by Iran war
Thu 2 Apr 2026
South Korea will delay the shutdown of coal-fired plants, while the Philippines also plans to boost the output of its coal-burning plants
Death toll in Afghanistan flooding increases to 28, authorities say
1 Apr 2026
Afghan authorities said Monday that the death toll from severe weather that has struck swathes of the country over the past four days has increased to 28, with 49 people injured. Dozens of people have died from extreme weather in the country so far this year.
Sustainable retail-office project breaks ground under new Green Star framework
19 Feb 2026
Construction is set to begin on a new retail-office development in central Auckland, which is targeting a 40% reduction in embodied carbon and 25% lower energy.
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.
Carbon price: Ups and downs amid geopolitical uncertainty
26 Mar 2026
By Liz Kivi | After ups and downs in recent weeks, the carbon market again broke above the $40 mark this week, with questions around how the Middle East conflict will play out weighing on market confidence.
EA entrenches 10kW export limit for residential solar
Today 11:30am
By Pattrick Smellie | The Electricity Authority intends to require all electricity networks to offer at least a 10 kilowatt (kW) export capacity for residential rooftop and other small-scale distributed generation.
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.
Severe tropical cyclones Maila And Vaianu threaten communities in Solomon Islands, PNG and Fiji
Today 11:30am
Media release: 350.org |Two Category 3 Tropical Cyclones are currently moving through the Solomon Islands, Papua New Guinea and Fiji, while experts watch a third system potentially developing in the North Pacific.
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.
Wellington planting nears one million trees
30 Mar 2026
By Shannon Morris-Williams | Greater Wellington’s parks restoration programme will hit one million native trees this year, with the first dams to rewet peat wetlands in Queen Elizabeth Park now completed after a years-long effort to bring these ecosystems – and their carbon sequestering superpowers – back to life.
Renewable build-out runs into grid and firming limits
Today 11:30am
New Zealand's electricity market entered 2026 with renewable generation at record levels and a substantial build pipeline finally moving from paper to construction. The harder question is whether the wider system can absorb and firm that capacity fast enough.
A matter of strategy
Tue 7 Apr 2026
COMMENT: Even on the brink of a global commodities crisis, the possibilities for climate action aren't hopelessly foreclosed. Strategy can turn our fortunes around, writes David Hall.
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.”
FMA to ease conditions for green bond issues
31 Mar 2026
By Pattrick Smellie | Green, social and sustainability-linked bonds will face lower disclosure requirements and regulatory costs under a class exemption newly granted by the Financial Markets Authority.
New protections for NZ migratory species under UN convention
Thu 2 Apr 2026
By Shannon Morris-Williams | New international protections for migratory species, including several found in New Zealand, are a positive step – but global protections won’t halt the decline of migratory species on their own, experts say.
Fonterra admits ‘100% grass-fed’ claim breached law in greenwashing row
Thu 2 Apr 2026
By Shannon Morris-Williams | Fonterra has admitted its “100% New Zealand grass-fed” claims on Anchor butter were misleading and breached the law, settling a case brought by Greenpeace Aotearoa over packaging used between December 2023 and April 2025.
Govt missing opportunity to slash electricity prices, says expert
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.
NZ prepares to join ‘gold rush’ for white hydrogen
25 Mar 2026
By Pattrick Smellie | New Zealand may be close to commercialising the capture and use of naturally occurring ‘white’ hydrogen, with investment plans for developments in the Wairarapa region picking up pace in response to spiralling oil prices.
Media round-up
20 Mar 2026
In our round-up of climate coverage in local media: Crown lawyers agree High Court could quash emissions plan if found unlawful; NZ is locked in 'disaster inertia'; and climate change is notably absent from new development laws.
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.
Lawyers complain to ombudsman over Govt failure to release LNG modelling
1 Apr 2026
By Liz Kivi | Lawyers for Climate Action has made a formal complaint to the Ombudsman over the Government’s failure to release information about its controversial decision to build a LNG import terminal.
Labour mulls GIDI 2.0 as factory closures mount
1 Apr 2026
By Pattrick Smellie | Factory closures across the country could have been prevented if the last Labour-led government’s GIDI fund to assist companies with the cost of electrification hadn't been scrapped, Labour energy spokesperson, Megan Woods, says.
NZ First targets regional share of mining royalties
30 Mar 2026
By Shannon Morris-Williams | New Zealand First has proposed returning 50% of mining royalties to regional communities, saying that too much of the value from resource extraction is currently flowing to Wellington.
Tuvalu prioritises climate change in agreement with NZ
27 Mar 2026
By Liz Kivi | New Zealand has pledged an additional $20 million to climate resilience work in Tuvalu, more than doubling Aotearoa's aid to the tiny island nation in the current financial year.
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.
Worst in a generation: Environmentalists slam fisheries reform bill
25 Mar 2026
Media release: Greenpeace | The Fisheries Amendment Bill, which will likely have its first reading in parliament this week, is being labelled the worst fisheries policy in a generation by environmental groups who are calling for it to be rejected to protect ocean health.
Free fares call as fuel crisis impacts school attendance
Today 11:30am
An open letter is urging the Government to make public transport free for all school children and subsidised for students under 25, as rising fuel costs begin to impact attendance and access to education across the country.
Kiwis overly optimistic about state of environment
27 Feb 2026
By Shannon Morris-Williams | New research suggests many New Zealanders believe the environment is in better shape than it really is, with public perceptions often out of step with scientific evidence.
‘They pushed so many lies about recycling’: the fight to stop big oil pumping billions more into plastics
24 Feb 2026
Plastic production has doubled over the last 20 years – and will likely double again. For author Beth Gardiner, metal water bottles and canvas tote bags are not the solution. So what is?
Activists occupy controversial gold drilling site
25 Mar 2026
By Max Frethey, Local Democracy Reporter | Opposition in Golden Bay to a controversial gold mine at Sams Creek has flared up over the weekend after several activists briefly occupied a drilling site.
China has a new competitor? Kazakhstan reveals huge rare Earth deposit that could power the next tech boom
25 Feb 2026
China’s grip on rare earths might finally see some competition, and the world is already taking notice.
Britain hits renewable power record in 2025, but fossil fuel use also up
Today 11:30am
Renewable power such as wind and solar provided a record 52.5% of Britain’s electricity generation in 2025, government data showed on Thursday, but fossil fuel use also rose.
Sci-tech prioritisation report is a joke that could cost NZ dearly, says NZ Association of Scientists
Thu 2 Apr 2026
Media release: New Zealand Association of Scientists | The Prioritisation Report released yesterday by the Prime Minister’s Science Innovation and Technology Council makes a poor case for further cuts and changes to our research system.
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.
AI’s arrival complicates Big Tech climate goals, and some worry it’s locking in more fossil fuels
Thu 2 Apr 2026
Six years ago, Google was confident that by 2030 it would power all operations with electricity generated from clean sources, including wind and solar power, and remove as much pollution as it produced. Today it calls those goals a “moonshot.” Microsoft says it’s still aiming to remove more carbon than it creates by 2030 but now describes the effort as “a marathon, not a sprint.”
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.
Fuel crisis powers surge in EV interest in Asia-Pacific region
Tue 7 Apr 2026
Motorists across the Asia-Pacific region are switching to electric vehicles at a rapid pace, as rising fuel costs due to the Middle East war force consumers and companies to reconsider their reliance on petrol and diesel vehicles.
Infrastructure plan calls for ‘predictable approach’ to electrifying economy
18 Feb 2026
Aotearoa’s first National Infrastructure Plan, introduced to Parliament yesterday, calls for "a predictable approach to electrifying the economy" as one of ten priorities for the next decade.
Dairy farmers' lack of climate action 'even bleaker' than water inaction – Upton
1 Apr 2026
By Shannon Morris-Williams | Government projections for cutting agricultural emissions are being undermined by low farmer uptake, with the Parliamentary Commissioner for the Environment warning the country is relying on “heroic” assumptions to meet its methane targets.
AI tool predicts wildfire danger faster than current systems
26 Mar 2026
Media release | A wildfire forecasting system powered by artificial intelligence could help detect dangerous fire conditions earlier and reduce the cost of wildfire response, according to new research from Te Whare Wānanga o Waitaha | University of Canterbury.
Fast-track approved project could deliver NZ’s largest wind farm
Tue 7 Apr 2026
Media release: New Zealand Government |Fast-track approval has been granted for New Zealand’s largest wind farm project.
