Topics tagged with 'Market advice'
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.
Carbon hits yet another high
9 Dec 2020
Carbon prices crashed through the $37.50 mark yesterday, closing at a record $37.55 on both CommTrade and Carbon Match.
Carbon prices keep climbing
8 Dec 2020
Carbon prices pushed higher again yesterday, making daily gains of 1.64 per cent on both major trading platforms.
Carbon on a barn-storming run
7 Dec 2020
Carbon prices are continuing their climb, recording gains of almost 50 per cent for the year.
UK announces stronger 2030 emissions target
7 Dec 2020
The UK government has announced it will slash greenhouse gas emissions at least 68 per cent by 2030, compared to 1990 levels, in line with independent advice.
Surging prices see carbon up 47% in a year
4 Dec 2020
Carbon prices continued their upward charge yesterday, gaining 25 cents to contribute to a phenomenal 47 per cent rise over a year.
Fletcher Building cracks Asia-Pacific DJSI
26 Nov 2020
One of New Zealand’s largest emitters has made it on to the Dow Jones Asia-Pacific Sustainability Index.
Big prices but little supply in NZ carbon market
19 Nov 2020
Carbon prices are continuing to climb, with sellers now seeking up to $35.90 for spot NZUs.
Energy sector ripe for govt emissions targets
3 Nov 2020
The Government appears to have emissions from energy in its sights as it seeks to finally make real cuts in the country's emissions.
Govt looking again at reserve price for auctions
2 Nov 2020
Climate minister James Shaw is seeking new advice from officials on including a technical reserve price in the new carbon-auctioning regime.
Resolve carbon market dispute to step up ambition, says UK
2 Nov 2020
Countries have a collective responsibility to agree on common rules for a global carbon market, to drive greater climate ambition beyond 2021, says the United Kingdom's lead climate negotiator.
New threat to prices from Govt auction
28 Oct 2020
The Government’s decision to auction large amounts of carbon credits without a technical reserve price in place poses a new downside risk to prices, warns the founder of one of New Zealand’s carbon-trading platforms.
FRIDAY POLITICS: A potentially costly hole in the Government's carbon-auctioning plan
23 Oct 2020
Green Party co-leader James Shaw is still in the running to retain his role as the country’s climate minister – but that might mean clearing up a bit of a mess of his own making.
NZX wants 'efficient' links to secondary market
22 Oct 2020
The Government’s new carbon-auctioning site could be connected to platforms in the secondary market.
We need to solve the dry-year problem, says Carr
20 Oct 2020
Electrification of more of the economy to reduce the country’s greenhouse gas emissions will require a resolution to the risk posed by dry years to the hydro-electricity system, says Climate Change Commission chair Dr Rod Carr.
Delivering credit for carbon storage
19 Oct 2020
In 1915, Mike Gibbs’ ancestors made their way from the flat, agricultural plains of Southland to the wild, steep, forested edge of Eastern Fiordland.
US could adopt carbon tax under a Biden presidency, ex-Fed chair says
9 Oct 2020
Former Federal Reserve Chair Janet Yellen said bipartisan concern over climate change could see the United States adopt a tax on carbon emissions, with the proceeds shared with households, if Democrat Joe Biden is elected president in November.
Ministry mum on who will run carbon auction
7 Oct 2020
New Zealand’s first auction of carbon credits will take place on March 17, but there is no word yet on who will be running it.
MARKEST LATEST: NZUs $35
17 Sep 2020
Spot NZUs opened at $34.90 bid and $35.20 offered on CommTrade this morning after last fixing at $35.
OPINION: Now is the time for businesses to step up
15 Sep 2020
While covid-19 wreaks havoc on economies, industries and businesses around the world, some challenges are equally as urgent and potentially as devastating.
New sustainability head at Pâmu
27 Aug 2020
Pâmu has appointed Lisa Martin to the executive leadership team in the newly created role of general manager of sustainability and farming systems.
EU and Swiss carbon markets to link
11 Aug 2020
A planned link-up of the European Union and Swiss carbon markets will be operational from September, the European Commission says, giving companies a broader pool of potential partners with which to trade emissions permits.
Country's climate change costs are climbing
30 Jul 2020
Climate change is now swallowing the lion’s share of the Government’s environmental spending, prompting suggestions we should have a dedicated Climate Change Ministry.
WORTH NOTING ...
28 Jul 2020
Today is the last day to enter the Sustainable Business Awards – get yours in by 5pm.
Big Hydro not the only way, says energy expert
27 Jul 2020
Paying industry not to use electricity during peak demand should be considered as an alternative to a multi-billion-dollar new hydro scheme, an energy expert says.
Big emitters marshall carbon forces in Australia
27 Jul 2020
Companies responsible for 14 per cent of Australia’s industrial emissions are coming together to figure out how to decarbonise the sector.
Farm growth pushes up Canterbury gas emissions
23 Jul 2020
Agricultural intensification is pushing up Canterbury’s greenhouse gas emissions - but it's a different story in most other regions.
Domestic carbon prices continue to climb
23 Jul 2020
Domestic carbon prices hit another record yesterday, with spot NZUs trading at $33.55.
We might meet Paris, say officials
21 Jul 2020
New Zealand’s 2030 emissions reduction target might be consistent with the Paris Agreement – it all depends on how you look at it, officials have told the Government.
Future of Big Industry uncertain, warns minister
13 Jul 2020
The future of the Marsden Point oil refinery, the Glenbrook steel mill and large-scale wood processing are all at risk as New Zealand decarbonises, infrastructure and regional development minister Shane Jones is warning.
CARBON CUTS: Smelter signals end of aluminium emissions
9 Jul 2020
One of New Zealand’s biggest greenhouse gas emitters is closing operations in New Zealand, potentially cutting the country’s missions by more than 1.5 million tonnes a year.
Carbon climbs to another new high
9 Jul 2020
New Zealand carbon prices are at a new high – but sellers are still not coming to the party.
Jarden puts pedals under pioneer carbon trader
7 Jul 2020
If you’re looking for pioneering carbon dealer Nigel Brunel outside trading hours, chances are you’ll find him somewhere around Auckland on his bike.
FRIDAY POLITICS: Draw your hammer
3 Jul 2020
Climate minister James Shaw is nailing his colours to the mast of the Climate Change Commission.
Parker whips home third leg of climate trifecta
26 Jun 2020
The third leg of the Government’s climate change legislation trifecta came home this week.
Make climate-risk a must, urges Carr
24 Jun 2020
The Climate Change Commission has again told the Government that assessing the climate impact of projects should be mandatory under a new fast-track consenting process.
Green investment fund spreads its wings
19 Jun 2020
By GAVIN EVANS | New funding deals New Zealand Green Investment Finance is working up will show a variety of low-carbon benefits from a range of sectors, chief executive Craig Weise says.
Parliament does major job on ETS
17 Jun 2020
Parliament has passed major changes to the Emissions Trading Scheme, bringing agricultural emissions into the scheme and, for the first time, setting a cap on emissions.
EDITORIAL: Into the red
15 Jun 2020
By ADELIA HALLETT | A rapid rise in the price of carbon could leave some of us facing winter without fresh tomatoes. But that’s as it should be.
Carbon forward units pass $35 price cap
11 Jun 2020
Carbon hit new record prices yesterday, with forward units now more expensive than the unofficial $35 price cap.
Carbon prices stick to the upward trail
10 Jun 2020
Carbon prices are pushing on towards $31 today as the New Zealand market continues a bull run.
Carbon price sits at record mark
9 Jun 2020
New Zealand carbon is at record prices after five days of trading pushed spot NZUs up 15 per cent.
Govt opposed ClimCom in cash-or-credits case
3 Jun 2020
The Government went against the advice of its own Climate Change Commission in allowing companies to continue to pay money instead of surrendering carbon credits to atone for their greenhouse gas emissions.
United push for Australia to target emissions in covid recovery
25 May 2020
Australian businesses, unions, investors and environmentalists are joining forces in a call for a covid-19 pandemic economic recovery programme based on energy efficiency.
ETS faces biggest overhaul in 10 years
5 May 2020
The biggest overhaul of the Emissions Trading Scheme since it was gutted in 2010 is back before Parliament.
Big Investors show they're keen on green
5 May 2020
Major investors are backing calls to make the covid-19 economic recovery consistent with cutting greenhouse gas emissions.
Fast-track projects get nod from business and greenies
4 May 2020
Plans to fast-track some covid-19 recovery projects through the Resource Management Act are winning approval from business and environmentalists.
Act before public gets angry, warns Z head
17 Apr 2020
The Government has two months to get emissions reductions into covid-19 economic recovery plans before the public starts getting angry and demanding a return to the way things were, says Z Energy chief executive Mike Bennetts.
Emissions-fighter invites other businesses to follow
16 Apr 2020
A company that imports insulation panels from Europe wants all small businesses to join it in cutting greenhouse gas emissions.
Lack of finance stalling sustainable innovation – report
Fri 12 Jun 2026
By Shannon Morris-Williams | A lack of access to suitable finance is threatening growth in New Zealand's sustainable innovation sector, despite strong confidence and ambitious expansion plans among purpose-driven businesses, according to a new report.
EU climate policy ‘won’t survive’ its clash with EU farmer politics
Fri 12 Jun 2026
By Pattrick Smellie | European Union climate change policy is on a collision course with European farmer politics, exacerbated by the rise of populist right-wing parties in the UK and the Continent, says Oxford University professor of geosystem science, Myles Allen.
$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.
Airline CEOs warn EU plan to expand carbon costs will raise fares
Wed 10 Jun 2026
Europe's biggest airlines have urged the European Union not to extend its Emissions Trading System to cover international flights, warning the move would raise ticket prices, a letter seen by Reuters showed.
Millions of UK homes at risk of sinking as climate crisis worsens
Fri 12 Jun 2026
Millions of homes are at risk from climate-related subsidence, according to an analysis by the British Geological Survey.
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.
Govt looks to tighten ETS auction supply
Fri 12 Jun 2026
By Liz Kivi | The Government is consulting on auctioning fewer ‘pollution permits’ for 2027-2031, a move it says would help meet the country’s domestic emissions targets while also maintaining short-term confidence in the ETS.
World’s largest banks pledged $906bn to fossil fuel companies in 2025
Fri 12 Jun 2026
The world’s largest banks committed $906bn in financing to the fossil fuel industry last year, an “unfathomable” increase in investment locking in years more of coal, oil and gas production as the world continues to overheat, a new report has found.
Treasury says 2030 climate target could cost $5 billion
Thu 11 Jun 2026
By Liz Kivi | Treasury is predicting it could cost between $4.4 and $5 billion to buy the offshore mitigation needed to meet New Zealand’s 84-96 million tonne emissions reduction shortfall for its 2030 target under the Paris Agreement.
Importing LNG would raise costs and emissions: it’s a terrible decision for New Zealand
Tue 9 Jun 2026
COMMENT: Today’s announcement from the Government is political smoke and mirrors, with electricity users’ wallets still set to bear the brunt of the proposed LNG facility, writes Christina Hood.
NZ’s sustainable finance credibility gap
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.
‘A shame’: experts on decision to send Govt carbon auctions offshore
Wed 10 Jun 2026
By Liz Kivi | Carbon market experts are questioning whether the Government has made the right decision in sending its auctions of carbon 'pollution permits' worth billions of dollars offshore.
Media round-up
Fri 12 Jun 2026
In our round-up of climate coverage in local media: A legal expert labels the government's climate law change "constitutionally abhorrent", the first critical minerals project has applied for fast-track, and warming winters are changing New Zealand’s landscapes.
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.
Lower Hutt among five cities in global climate risk initiative
Fri 12 Jun 2026
By Justin Wong, Local Democracy Reporter | Lower Hutt is one of five cities around the world picked for a global climate project to help vulnerable people respond to extreme climate risks.
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.
GHG Protocol under fire as standards board member resigns
Thu 11 Jun 2026
At the heart of former GHG Protocol standards board member Danny Cullenward’s complaint is the protocol’s approach to forest carbon accounting.
Former ExxonMobil CEO Lee Raymond: 311 ppm – 421 ppm
Fri 12 Jun 2026
Lee Raymond, the former ExxonMobil chief executive who became one of the country’s most important and influential climate science deniers, died in Dallas on Saturday.
Liebreich: Electrify first, insure second
Thu 11 Jun 2026
New Zealand is having an argument about gas while the rest of the world is building an electric future. That, in essence, is the challenge Michael Liebreich left behind after a visit to Wellington last week.
Cabinet green-lights $55M super-critical geothermal drilling programme
Tue 9 Jun 2026
By Pattrick Smellie | Cabinet has agreed to release the $55 million unspent of the $60m secured by Resources Minister Shane Jones to drill up to 5 kilometres deep into super-critical geothermal heat under the Taupō volcanic zone.
Oxfam calls on Govt to renew climate finance commitments
Mon 8 Jun 2026
By Shannon Morris-Williams | The Government's failure to renew international climate finance commitments has left Pacific nations short at least $100 million a year, with Oxfam Aotearoa linking the funding gap to New Zealand's weakened Emissions Trading Scheme.
Antarctic surface melt set to increase dramatically this century, new study finds
Wed 10 Jun 2026
Media release – Victoria University | New research shows surface melting across Antarctica is set to intensify and spread dramatically over the 21st century, with melt increasing by 10 times and the area affected growing by more than 10 percent by 2100 if global temperatures continue to rise.
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.
'Ad hoc, piecemeal, incomplete': NZ's approach to hazards not fit for purpose, says insurer
Wed 10 Jun 2026
By Shannon Morris-Williams | New Zealand's ability to manage natural hazard risks is failing to keep pace with the growing threat posed by floods, storms, earthquakes and climate change, according to a new report from IAG.
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.
Call for wider investigation into private back-channel emails in PM’s office
Tue 9 Jun 2026
By Liz Kivi | The Green Party is calling for a full investigation into the use of private email in the Prime Minister's Office, as the scandal following a missing Fonterra and Z Energy climate policy briefing document drags on.
LNG imports might not be needed for 'dry year' security: redacted report
Thu 11 Jun 2026
By Oli Lewis | The need for imported liquefied natural gas to provide security of supply in a dry year is low, according to newly released modelling, with some scenarios featuring higher levels of renewable generation requiring no gas imports at all.
Changes to emissions factors prompt caution over climate claims
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.
'Terrible result': Emissions barely budged in 2024
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.
Lack of demand leads to Bathurst pausing coal mine expansion
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’.
Fed Farmers' election wish-list includes stopping whole-farm conversions to carbon forestry
Tue 9 Jun 2026
Federated Farmers has launched a five-point plan for the next government, setting out what it says should be a major focus for political parties heading into the November election.
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.
Once-in-a-century floods routine as sea levels rise due to climate change
Thu 11 Jun 2026
By Shannon Morris-Williams | A coastal flood expected to occur just once every 100 years is now hitting Wellington about twice a year, according to new international research that scientists say offers clear evidence of how climate change is already reshaping New Zealand's coastline.
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.
Seven ‘new approaches’ to avoid our Paris commitments: Carr
4 Jun 2026
Praying for “new approaches” to materialise to meet our international climate obligations isn’t a strategy, writes Rod Carr.
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.
Northern Thai residents march for action on polluted rivers. ‘This is an emergency’
Tue 9 Jun 2026
More than 600 residents of Chiang Mai and Chiang Rai provinces embarked May 31 on a roughly 68-kilometer, six-day ‘peace walk’ to demand the Thai government take action on the river pollution crisis that has seen Thai rivers polluted with heavy metals.
Why China's critical minerals strategy leaves the US behind
Mon 8 Jun 2026
The United States cannot realistically recreate that dominance overnight even if the political will existed.
Sustainable finance taxonomy for energy sector – consultation
Mon 8 Jun 2026
The Centre for Sustainable Finance is consulting on the sustainable finance taxonomy’s draft energy sector criteria.
NZ’s largest rooftop solar switched on at Fisher & Paykel Healthcare
Thu 11 Jun 2026
Media release | Sunergise, New Zealand’s leading commercial solar company, has switched on the country’s largest-ever rooftop solar installation at Fisher & Paykel Healthcare’s East Tāmaki campus in Auckland.
‘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.
Solar power hits new milestones in the US even as Trump boosts coal over clean energy
Thu 11 Jun 2026
Even as President Donald Trump boosts coal over clean energy, solar power is hitting new milestones in the U.S. and remains the leading source of new power.
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.
Govt backs faster uptake of on-farm emissions tools with $51m fund
Thu 11 Jun 2026
By Shannon Morris-Williams | The Government is investing up to $51 million over three years to help accelerate the uptake of on-farm emissions reduction technologies, with a new AgriZeroNZ initiative aimed at getting proven tools into the hands of farmers sooner.
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.
Labour pledges unlimited public transport for $20 a week
Wed 10 Jun 2026
The Labour Party is promising to cap weekly public transport fares at $20 in Auckland, Wellington and Christchurch, if elected in November.
Bonn Bulletin: Tackling climate crisis is “hardest” challenge ever, Stiell says
Tue 9 Jun 2026
The June Climate Meetings open with a reminder to delegates of the tough but ever-clearer imperative of shifting away from fossil fuels to clean energy.
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.
Record-breaking heat and dry spring leave parts of England without water
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.
Increase in wildfire-driven ozone linked to premature deaths across the U.S.
Wed 10 Jun 2026
Smog linked to wildfires is getting worse across much of the U.S., playing a role in more than 300 additional premature deaths every year since 2013, researchers say.
Waikato launches vision for energy transition bringing $4.5 billion investment to the region
Mon 8 Jun 2026
By Shannon Morris-Williams | Waikato Regional Council has released a strategy aiming to position the region at the centre of New Zealand's energy transition, with plans to boost energy security, cut emissions and unlock billions of dollars in economic opportunities by 2050.
