Topics tagged with 'Market advice'
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.
ClimCom sees greening bonus from pandemic plans
14 Apr 2020
The Climate Change Commission is calling on the Government to use its covid-19 recovery plan to kick-start the country’s decarbonisation and says reform of the Emissions Trading Scheme should continue.
Farm-level emissions cuts possible, but almost everything stands in the way
18 Dec 2025
By Shannon Morris-Williams | Progress to slash farming emissions is being blocked by limited farmer confidence in mitigation tools, inconsistent engagement, misinformation and a lack of clear policy signals, according to a new report.
State-owned farmer drives profit growth with emissions reductions
19 Dec 2025
By Pattrick Smellie | Government-owned Landcorp, trading as Pāmu, is one-third of the way to meeting its 2031 emissions reduction targets, with five years left to run to cut greenhouse gas emissions by 30.3% against 2021 emissions.
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.
Air NZ inks deal for its first internationally verified carbon credits
9 Oct 2025
By Liz Kivi | Air New Zealand has committed to buying 8000 tonnes of carbon removals by 2030, in partnership with local native forest investment platform My Native Forest.
‘Cali Fund’ aiming to raise billions for nature receives first donation – of just $1,000
16 Dec 2025
A major biodiversity fund – which could, in theory, generate billions of dollars annually for conservation – received its first donation of just $1,000 in November.
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.
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.
Seven quiet wins for climate and nature in 2025
19 Dec 2025
This year's environmental backdrop is familiar: emissions are rising and nature is continuing to decline. But there have nevertheless been bright spots in 2025.
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.
Global coal demand hit record high this year but is set to decline by 2030
18 Dec 2025
Global coal demand reached a record high in 2025 but is expected to decline by 2030 as renewables, nuclear power and abundant natural gas squeeze its dominance in power generation.
Investors must support positive climate-tech
28 Nov 2025
OPINION: We need better leadership than the current ‘climate opportunism’ that is rife in the Beehive, and we need to back a marketplace that will make it happen, writes Rob Campbell.
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.
India at COP30: A mismatch between grandstanding and climate action
11 Dec 2025
Despite India’s attempt to anoint itself as the leader of the developing world, at the COP30 summit, New Delhi’s track record remains contradictory.
Govt warned that scrapping ag emission pricing comes with risks
11 Dec 2025
By Liz Kivi | The Government’s move to halt plans for agricultural emissions pricing without replacing it with any other action will leave New Zealand facing a bigger gap to meet its third emissions budget, Environment ministry officials have warned.
NZ hydrogen regulation to catch up with the world
18 Dec 2025
By Pattrick Smellie | The government has announced a regulatory reset for New Zealand’s emerging clean tech hydrogen sector.
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.
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.
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.
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”.
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.”
Westpac NZ announces partnership to form Blue Economy hub in Nelson
17 Dec 2025
Media release | Westpac NZ has announced a new three-year partnership with the Nelson Regional Development Agency and Kernohan Engineering to help accelerate the development of a sustainable marine economy – also known as the blue economy.
NZ ‘clearly’ breaching international law on climate – Vanuatu Climate Change Minister
12 Dec 2025
By Liz Kivi | Vanuatu’s Climate Change Minister, Ralph Regenvanu, says New Zealand restarting fossil fuel exploration and subsidies is an obvious breach of international law, exposing the country to international and domestic litigation.
Govt slammed for weakening methane target
15 Dec 2025
By Shannon Morris-Williams The Government has pushed through legislation under urgency to almost halve New Zealand’s 2050 methane target – a move Opposition parties say disregards scientific advice, breaks the country’s hard-won political consensus on climate action, and shifts the burden of higher warming and higher future costs onto the next generation.
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.
Hiringa eyes green methanol plant near Whanganui
29 Jul 2025
By Pattrick Smellie | Green hydrogen pioneer Hiringa Energy is deep in planning to develop an “eight-to-nine figure” methanol plant near Whanganui, using a combination of biomass and hydrogen produced using renewable energy.
Insurers welcome govt decision to keep NHC levy unchanged
21 Nov 2025
Media release |The Insurance Council of New Zealand | Te Kāhui Inihua o Aotearoa (ICNZ) has welcomed the Government’s decision to leave the Natural Hazards Commission levy unchanged, amid ongoing concerns around the cost-of-living.
Why I’m not outraged at the Govt’s latest climate backsliding
7 Nov 2025
COMMENT: The Government’s latest climate rollbacks underline New Zealand’s long history of a lack of genuine desire to cut emissions, writes Geoff Bertram.
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.
Oil and gas majors would create $78bn more value by stopping exploration
11 Dec 2025
Media release | Ten of the world’s largest oil and gas companies would create significantly more shareholder value by ending exploration and sharply curtailing upstream development, according to new analysis released today by ACCR.
Wetlands and biodiversity at risk as mining rules loosen: Greenpeace
19 Dec 2025
By Shannon Morris-Williams | Greenpeace says Government changes to national direction instruments under the RMA paves the way for mining in wetlands and biodiversity hotspots and will expose some of Aotearoa’s most fragile ecosystems to irreversible damage.
NZ could become ‘dumping ground’ for dirty vehicles: Commissioner
16 Dec 2025
By Liz Kivi | Simon Upton, Parliamentary Commissioner for the Environment, has warned the Government that its changes to the clean car standard could turn the country into a dumping ground for high emitting cars, making future emissions budgets harder to achieve.
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.
Offshore windfarms enhance function of coastal waters and diversity of aquatic life
19 Dec 2025
Media release | A study conducted by researchers from Murdoch University in Australia and Dalian Ocean University in China has found that offshore windfarms can improve marine ecosystems and diversify aquatic food chains.
‘A shift no country can ignore’: where global emissions stand, 10 years after the Paris climate agreement
16 Dec 2025
The watershed summit in 2015 was far from perfect, but its impact so far has been significant and measurable.
Govt consulting on Pacific Resilience Facility
12 Dec 2025
The Foreign Affairs, Defence and Trade Committee is calling for submissions on its international treaty examination of the Agreement to Establish the Pacific Resilience Facility.
Govt green lights rural recycling scheme
4 Dec 2025
The Government has approved new regulations to bring rural waste schemes under one unified framework.
KiwiRail pauses coal trains amid rising climate protests
9 Dec 2025
By Shannon Morris-Williams | Climate activists are ramping up actions this week, with a Christchurch protest leading to KiwiRail pausing some coal train operations on Saturday, and another protest against the Fast-Track Amendment Bill planned for parliament today.
Straterra has a new name: the New Zealand Minerals Council
16 Apr 2025
Media release | Straterra has been renamed as New Zealand Minerals Council, says chief executive Josie Vidal.
Could tidal energy one day power NZ?
18 Dec 2025
By Shannon Morris-Williams | New research suggests Aotearoa holds some of the world’s strongest tidal-stream energy potential – enough to generate up to 93% of today’s electricity use – but one expert cautions that extracting energy at such a scale could have significant impacts and remains highly uncertain.
NZ could lose nearly all glaciers this century without stronger climate action
16 Dec 2025
New Zealand could see 97% of its glaciers vanish by 2100, with new international modelling projecting a rapid acceleration in glacier extinction from the 2030s onward – even under lower-warming scenarios.
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.
Last minute change to oil and gas legislation over cleanup costs
31 Jul 2025
By Liz Kivi | The government is expected to repeal the oil and gas ban today, with a last-minute amendment handing discretionary power to two ministers over the controversial issue of decommissioning.
The surprisingly convincing case against cars
19 Dec 2025
Life After Cars dares to imagine how different, and enriching, a car-free world could be.
Kaicycle celebrates ten years of collective climate action in Pōneke
14 Nov 2025
Media release: Kaicycle | Since 2015, Kaicycle has grown from a humble pilot project growing kai and collecting compost on bicycles into the thriving urban farm and composting hub that Wellingtonians know and love.
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.
NZ just had its hottest spring in at least 116 years
10 Dec 2025
By Shannon Morris-Williams | This year New Zealand had its hottest spring since records began, with widespread heat, rainfall extremes and destructive wind driven by sudden stratospheric warming.
Media round-up
12 Dec 2025
In our round-up of climate coverage in local media: Another offshore wind firm exits New Zealand over a clash with seabed mining; Fonterra falls behind on its climate goals as farm emissions remain flat; and the businesses trapped by the gas 'death spiral'.
