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.
Local govt bill 'completely misses the point,' passes first reading
Today 11:00am
By Shannon Morris-Williams | The government’s bill making changes to the Local Government Act to "refocus" councils on their core functions passed its first reading in Parliament last night, with critics saying it will set back climate resilience.
Expert rejects farmers call to ditch green investment framework
Thu 17 Jul 2025
By Shannon Morris-Williams | Scrapping a proposed 'green' finance taxonomy before work on it is even finished would risk New Zealand being left behind in the transition to more sustainable systems, according to an expert.
NZ Post drops science-based climate target
8 Jul 2025
By Liz Kivi | NZ Post has dropped its science-based emissions reduction target of 42% by 2030 with no plans to replace it.
Airlines risk legal challenges by advertising jet fuel as “sustainable”, NGO warns
Today 11:00am
Amid suspected fraud in the production of sustainable aviation fuel (SAF), a new report says the airline industry should stop calling all alternatives to kerosene “sustainable”.
Tipping points: Window to avoid irreversible climate impacts is ‘rapidly closing’
11 Jul 2025
In the midst of a record-breaking heatwave in Europe, the UK city of Exeter recently played host to the second international conference on “tipping points”.
Sustainability claims questioned as renewable diesel surges
14 May 2025
Critics are sceptical about industry claims of renewable diesel life-cycle greenhouse gas emission cuts and warn renewable diesel carbon releases will surge if sourcing is scaled up, triggering tropical deforestation as producers convert forests to energy crops, such as oil palm and soy.
‘Ideological sludge’: How NZ is quiet quitting climate action
Thu 17 Jul 2025
New Zealand once stood out as a world leader on climate change. In June it became the first country in the world to abandon a commitment to phase out oil, gas and coal.
EU seeks 'fair competition' with China on green energy
Today 11:00am
The European Union is seeking "fair competition" with China and not a race to the bottom in wages and environmental standards, the bloc's vice president for the clean transition told AFP in Beijing on Monday.
Bearish sentiment lingers for carbon market
11 Jul 2025
By Liz Kivi | The compliance carbon market could be set for a gradual upward trajectory, however unsold volume from the quarterly Emissions Trading Scheme auctions continues to act as ‘a price ceiling,’ according to an expert.
EU wants to see China take more ambitious climate action
Tue 15 Jul 2025
The world needs China to show more leadership on climate action, highlighting the importance of cutting planet-heating emissions and reducing the Chinese economy's reliance on coal.
NZ voluntary carbon market’s sad state
Mon 14 Jul 2025
By John O’Brien | OPINION: A combination of scandals, challenging economic times, and cheaper offshore carbon credits, mean that the domestic voluntary carbon market in New Zealand remains absolutely tiny.
Common low-grade clay strengthens low-carbon concrete
5 Jun 2025
Media release | Engineers at RMIT University have converted low-grade clay into a high-performance cement supplement, opening a potential new market in sustainable construction materials.
Cuts to climate finance put exports in jeopardy: Lawyers
23 May 2025
By Liz Kivi | The government has halved international climate finance, a move aid organisations describe as “devastating,” and which lawyers say could put our Paris Agreement commitments and export market access at risk.
Carbon price grinds higher - where to from now?
30 Jun 2025
By Liz Kivi | The carbon price has continued to grind slowly higher since this month’s failed auction, with prices at their highest since March, although still languishing well below this year’s auction floor price.
Importing LNG is feasible, but is it plausible?
Today 11:00am
Importing liquefied natural gas (LNG) as a form of energy supply insurance is technically feasible, but an industry-commissioned report raises questions about whether it is financially plausible.
Key orange roughy population on verge of collapse, govt considers closure
9 Jul 2025
Media release - Deep Sea Conservation Coalition | New data reveals that New Zealand’s main orange roughy fishery, accounting for half of the country’s total catch, is on the brink of collapse, with one model showing it may have reached that point already, and the government’s considering closing it.
Media round-up
Today 11:00am
In our round-up of the latest climate coverage in local media: with parts of the country still reeling from flooding exacerbated by climate change, debate heats up over who will pay for managed retreat from at-risk areas.
Latest trawl bycatch numbers 'a grim wake-up call'
24 Jun 2025
Media release – Greenpeace | The latest fisheries bycatch data paints a grim picture, with trawlers hauling up thousands of kilograms of coral and killing hundreds of fur seals and seabirds over a 12 month period.
Illegal loggers profit from Brazil’s carbon credit projects
Thu 17 Jul 2025
How a system designed to protect the world’s biggest rainforest is funding businesses with a track record of illegal deforestation.
Climate backtracking could impact trade relationships: Labour
9 Jul 2025
By Liz Kivi | Labour Party Energy spokesperson Megan Woods says the government needs to be upfront about how its energy policies will impact trade relationships, following revelations New Zealand was warned by other governments that backtracking on climate policies jeopardised its membership of an international alliance.
Watts talks big on energy reform, but barriers persist
29 May 2025
By Shannon Morris-Williams | Energy and Climate Change minister Simon Watts says the government is doubling down on efforts to boost renewable energy generation, streamline regulation, and drive private sector investment as New Zealand faces mounting energy security and affordability challenges.
Farmers slam proposed guidelines for sustainable finance
Wed 16 Jul 2025
By Liz Kivi | Federated Farmers is calling on the government to scrap its proposed framework for ‘green’ finance, saying it is ideologically driven, unworkable, and risks harming rural communities.
Does Aussie court ruling hold lessons for NZ?
Thu 17 Jul 2025
By Liz Kivi | A recent Australian court ruling should serve as a warning to New Zealand's decision-makers on how important it is to align climate targets and climate policies with the best available science, according to a climate litigation expert.
Methanex closure comes early this year
14 May 2025
The almost-now-annual closure of Methanex has come earlier this year, giving more confidence that the electricity system will get through the winter without a fuel shortfall.
Electric firebricks: decarbonising high-temperature industrial heat
13 Jun 2025
By Ian Mason | A new technology could offer a more cost-effective solution than hydrogen to decarbonise one ‘hard-to-abate’ sector of New Zealand’s economy, as well as having ample potential for demand response as the electricity grid becomes more renewable.
‘Significant gaps’ in proposed approach to climate adaptation
10 Jul 2025
A new report into climate adaptation doesn’t suggest how development in high-risk areas should be avoided - an issue that needs urgent action with thousands of homes still being built in hazardous areas, according to the Environmental Defence Society.
Will NZ walk away from the Paris Agreement?
20 Dec 2024
By Geoff Bertram | COMMENT: Unless the government can find very cheap offshore mitigation, the temptation to walk away from its Paris Agreement obligations may well be too strong to resist for a coalition government focused on fiscal austerity.
Activists sue US development bank over $4.6bn loan to massive Mozambique gas project
Today 11:00am
Environmental groups claim loan is ‘unlawful’ in legal filing.
Clear-sighted view to trade-offs crucial to reimagining our relationship with the land
7 Jul 2025
By Nick Swallow | COMMENT: New Zealand could see a 70% drop in the value of dairy land if we pursue our emissions targets for agriculture, according to a new report.
Rio Tinto urges Albanese govt to reimpose carbon tax, boost green energy subsidies
Thu 17 Jul 2025
The mining giant has used it’s submission to the Productivity Commission ahead of the Albanese government’s economic roundtable to lobby for the re-imposition of a carbon pricing scheme and bolstered green energy subsidies.
Foresters seek time; end to using ETS as a land use tool
Wed 16 Jul 2025
By Pattrick Smellie | Production and carbon forestry owners have begged the environment select committee to at least give the sector more time to come up with workable rules for legislation intended to cap forest planting on farmland.
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.
Millions of tons of tiny plastic particles are polluting the ocean, study finds
Tue 15 Jul 2025
At least 27 million tonnes of nanoplastics are estimated to be floating in the North Atlantic Ocean, weighing more than all wild land mammals combined.
'Back-to-basics' approach for councils ignores climate risk
11 Jul 2025
By Shannon Morris-Williams | While ACT is standing local government candidates to oppose councils' attempts to manage emissions and ministers are calling for local authorities to 'get back to basics' - or even suggesting scrapping regional councils altogether - one expert says this narrative is putting communities at risk in the face of climate change.
Markets aren't going to save us – Carr
9 Jul 2025
By Shannon Morris-Williams | Consumerism is reaching its ecological and economic limits, and only systemic change - not market tweaks - can steer us away from climate catastrophe, according to former Climate Change Commission chair Rod Carr.
Microplastics found in sand on dozens of NZ beaches
4 Jun 2025
Scientists have extracted microplastics from the sand of 22 beaches from the Far North to Banks Peninsula.
Feedback sought on national fuel security plan
Wed 16 Jul 2025
Media release - Beehive: The Coalition Government is seeking feedback on a draft Fuel Security Plan that provides a long-term strategy to ensure New Zealanders have reliable access to fuel in times of domestic and global disruption, Associate Energy Minister Shane Jones says.
UK: Thousands lobby MPs to demand climate action
10 Jul 2025
More than 5,000 people from across the UK arrived in Westminster on Wednesday to meet their MPs and demand urgent climate action to protect their communities.
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.
Germany's wind power expansion picks up, but targets still missed, says lobby
Today 11:00am
Germany's onshore wind power sector recorded its strongest half-year since 2017, but the expansion still falls short of the legally mandated targets, the BWE wind power lobby said on Tuesday.
Antarctica Scholarships 2025: Ocean detectives
Thu 17 Jul 2025
Media release – Antarctica New Zealand | Antarctica’s Southern Ocean is full of unanswered questions, and this year’s Antarctica New Zealand scholarship recipients are on a mission to help solve them.
Climate groups want UK wealth tax to make super-rich fund sustainable economy
Thu 17 Jul 2025
Growing number of campaigners urge government to ensure green investment is not done ‘on backs of the poor’.
Kiwi ‘smart panel’ startup aiming to reduce energy bills and emissions
4 Jul 2025
NZ start-up Basis this week launched an ‘intelligent’ panel to replace traditional electrical switchboards in homes, which it says can save the average home $1,200 NZD annually on bills and lead to lower emissions.
United Nations carbon market rules agreed but concerns remain
25 Nov 2024
New carbon market rules agreed at the fractious UN climate summit will be a relief to New Zealand and Singapore, who were leading the negotiations, but concerns about greenwashing and disadvantaging nature-based solutions remain.
Fast, sustained phase-out of fossil fuels: best-performing countries in coal and transport sectors
10 Jul 2025
By Robert McLachlan | It’s true that climate change is getting worse – it will continue to get worse until emissions fall to near zero. But is action on phasing out fossil fuels really stalling?
Can you trust climate information? How and why powerful players are misleading the public
11 Jul 2025
The climate crisis is more urgent than ever, so why is there a disconnect between stated policies and actual practices?
Waste Levy risks becoming ‘slush fund’ under proposed changes – Commissioner
5 Jun 2025
By Shannon Morris-Williams | Proposed changes to New Zealand's waste legislation risk undermining public trust in the waste levy scheme, according to Parliamentary Commissioner for the Environment Simon Upton.
The struggle for control of the Arctic is accelerating - and it's riskier than ever
11 Jul 2025
As the battle for one of the world’s coldest places heats up, an increasingly fragile security balance may be breaking down, leading to an escalating arms race.
UN University report warns against carbon credits from REDD, tree planting, and improved forest management
13 Jun 2025
But the report stops short of recommending banning the trade in carbon temporarily stored in trees.
For the first time, China invests more in wind and solar than coal overseas
29 May 2025
China’s Belt and Road Initiative, long derided for its heavy carbon footprint, was dominated by wind and solar power projects for the first time from 2022 to 2023, according to a new analysis. But coal plants financed in earlier years are still coming online.
