Topics tagged with 'NZ Market Report'
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.
ETS auction fails to clear
14 Jun 2023
Today’s ETS auction has been declined because the clearing price did not meet the minimum price settings. As a result, there are no winning bids.
Failure is not an auction
9 Jun 2023
By Nigel Brunel | COMMENT: All eyes will be on the second auction on Wednesday, 14th June, when almost nine million tonnes are up for grabs, including eight million NZUs in the Cost Containment Reserve (CCR). The CCR can only be triggered at $80.64 if all the auction volume is exhausted.
What if all auctions fail this year? Does the Registry oversupply problem disappear?
8 Jun 2023
By Nigel Brunel | COMMENT: All 2023's ETS carbon auctions failing is one of many scenarios for NZU prices in the next 12 months. But it could go a long way to solving the registry oversupply if it happens.
Minister warns Canadians may pay more in carbon tax than they receive in rebate
3 Apr 2023
Canada’s environment and climate change minister acknowledged that the average household may eventually pay more for the carbon price than it gets back in rebate payments, but says the Liberal government has other programs to help Canadians lower their energy costs overall.
10 YEARS AGO...
22 Feb 2022
Ten years ago, emulsified fuel technology - which involved adding water to diesel - was being touted as part of the solutions to New Zealand's transport emissions.
10 YEARS AGO...
31 Jan 2022
Ten years ago, the government said it was considering reducing the number of carbon credits allowed into the NZ ETS, as carbon prices continued to drop in Europe.
10 YEARS AGO...
17 Dec 2021
Ten years ago, a group of countries at the Durban COP committed to adopting a legally binding agreement to keep the average global temperature rise to below 2 degrees by no later than 2015.
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.
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.
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.
MARKET REPORT: NZUs $33.55
23 Jul 2020
Spot NZUs opened at $33.15 bid and $33.55 offered on the CommTrade platform this morning, after last fixing at $33.55.
MARKET LATEST: NZUs $33.00
21 Jul 2020
Spot NZUs opened at $32.50 bid and $33.25 offered on the CommTrade platform this morning, after last fixing at $33.00.
WHAT YOU SHOULD KNOW ...
20 Jul 2020
Auckland Council’s environment and climate change committee meets tomorrow for the first time since March.
After the global oil and gas industry crash, what next?
13 Jul 2020
AN ESTIMATED $US1.6tn has been wiped from the global oil and gas industry this year, but the danger for Australia’s LNG sector remains little acknowledged.
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.
WHAT YOU SHOULD KNOW ...
6 Jul 2020
Parliament is taking a break for the school holidays and will next sit on July 21.
MARKET LATEST NZUs $31.90
26 Jun 2020
Spot NZUs opened at $31.70 bid and $32.00 offered on the CommTrade platform this morning, after last fixing at $31.90.
Trump plans to open 'America's Amazon' to loggers
18 Oct 2019
Donald Trump’s administration is proposing to lift longstanding restrictions on logging in part of southeast Alaska known as “America’s Amazon”.
MARKET REPORT: NZUs $25.05
30 Jan 2019
Spot NZUs opened at $25.05 bid and $25.20 offered this morning, after last fixing at $25.05.
MARKET REPORT: NZUs $24.20
16 Aug 2018
Spot NZUs opened at $24.05 bid and $24.35 offered this morning, after last fixing at $24.20.
MARKET REPORT: NZUs $21.35
9 May 2018
Spot NZUs opened at $21.35 bid and $21.50 offered this morning, after last fixing at $21.35.
MARKET REPORT: NZUs $20.94
19 Mar 2018
Spot NZUs opened at $20.90 bid and $21.00 offered this morning, after last fixing at $20.94.
MARKET REPORT: NZUs $18.40
20 Oct 2017
Spot NZUs closed yesterday at $18.35 bid and $18.40 offered, after last fixing at $18.40.
MARKET REPORT: NZUs $18.35
5 Sep 2017
Spot NZUs opened today at $18.25 bid and $18.55 offered, after last fixing at $18.35.
MARKET REPORT: NZUs $18.05
1 Mar 2017
Spot NZUs opened today at $17.80 bid and $18.10 offered, after last fixing at $18.05.
MARKET MOVES: NZUs $17
19 Dec 2016
Spot NZUs opened today at $16.70 bid and $17.20 offered, after last fixing at $17.00.
MARKET MOVES: NZUs $17.40
16 Dec 2016
Spot NZUs opened today at $17.00 bid and $17.40 offered, after last fixing at $17.40.
MARKET MOVES: NZUs $17.20
15 Dec 2016
Spot NZUs opened today at $16.90 bid and $17.50 offered, after last fixing at $17.20.
MARKET MOVES: NZUs $17.40
14 Dec 2016
Spot NZUs opened today at $17.20 bid and $17.70 offered, after last fixing at $17.40.
MARKET MOVES: NZUs $17.55
13 Dec 2016
Spot NZUs opened today at $17.40 bid and $17.70 offered, after last fixing at $17.55.
MARKET MOVES: NZUs $17.65
9 Dec 2016
Spot NZUs opened today at $17.55 bid and $17.65 offered, after last fixing at $17.65.
MARKET MOVES: NZUs $17.75
8 Dec 2016
Spot NZUs opened today at $17.70 bid and $17.85 offered, after last fixing at $17.75.
MARKET MOVES: NZUs $17.70
7 Dec 2016
Spot NZUs opened today at $17.65 bid and $17.75 offered, after last fixing at $17.70.
MARKET MOVES: NZUs $17.75
6 Dec 2016
Spot NZUs opened today at $17.55 bid and $17.95 offered, after last fixing at $17.75.
Spot NZUs steady at $11.05
24 Mar 2016
Carbon opened this morning with spot NZUs $10.95 bid and $11.15 offered, after closing $11.05 last night.
Liquidity will return when prices push up again
16 Feb 2016
Spot NZUs closed yesterday at $9.25. OMFinancial reports:
NZUs continue to flow
12 Feb 2016
Spot NZUs closed last night at $9.27. The market is currently bid/offered at $9.20/$9.40. OMFinancial reports:
Busy day for carbon yesterday
27 Jan 2016
Spot NZUs closed last night at $9.55. OMFinancial reports:
Carbon settled on quiet market
18 Dec 2015
The carbon market was quiet yesterday, with the market settling at $9.22. OMFinancial reports:
NZUs at $9.25
17 Dec 2015
Carbon consolidated yesterday, in what is seen as a pause before we move higher. OMFinancial reports:
NZUs touch $9.30
15 Dec 2015
Carbon continues to surprise to the upside; as tipped yesterday, the $8.95 offer was taken out and the $9.00 level was breached. OMFinancial reports:
Infrastructure plan calls for ‘predictable approach’ to electrifying economy
Wed 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.
Govt's solar on farms initiative to cut costs, boost resilience
Tue 17 Feb 2026
Farms across Aotearoa will begin installing solar panels and battery systems as part of a government-backed demonstration programme designed to test whether on-farm renewable energy can reduce electricity costs and improve energy security for the food and fibre sector.
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.
Singapore sets first ever sustainable aviation fuel levy, as Southeast Asia’s fuel industry grows
Tue 17 Feb 2026
Flying in and out of Singapore, home to Southeast Asia’s busiest airport, will get slightly more expensive this year as the city state begins imposing a levy of between 75 cents to $32 per ticket to fund sustainable aviation fuel.
New study looks to nature markets to accelerate climate response
Wed 18 Feb 2026
The Nature Conservancy is teaming up with local groups to study the most affordable and effective ways of restoring native habitats at the top of the South Island, including ways to fund the work using international voluntary carbon markets and biodiversity credits.
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.
Carbon price drops as volatility continues
Tue 17 Feb 2026
By Liz Kivi | The carbon market is still displaying extreme volatility, with prices dropping back to below $40 yesterday, after trading as high as $46.25 last week.
Australian gas producer Santos wins court fight over net zero claims
Wed 18 Feb 2026
An Australian court on Tuesday threw out a lawsuit against gas producer Santos that alleged the company misled the public on its plans to achieve net zero carbon emissions.
Carbon market rallies but auction floor still out of reach
Fri 13 Feb 2026
By Liz Kivi | The carbon market has rallied, with secondary market prices up more than 25% in the past two weeks, although current prices in the mid-$40s are still far below this year’s $71 auction floor, with the first auction of 2026 less than three weeks away.
Flawed decision-making around taxing electricity to fund LNG import terminal
Mon 16 Feb 2026
By Simon Orme | COMMENT: The Government's decision to back an LNG import terminal exemplifies an egregious failure in public policy and energy sector governance.
LNG: a rational choice compared to unpalatable alternatives
10 Feb 2026
By Pattrick Smellie | COMMENT: By deciding to underwrite the private construction of a liquefied natural gas import facility in Taranaki, the Government has made a rational choice in favour of energy security and affordability.
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.
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.
EU weighing options to support industry in carbon market overhaul
9 Feb 2026
The European Commission is looking at various ways to support industries in an upcoming overhaul of the EU carbon market to prevent them moving to areas with lower pollution standards, the head of the Commission’s climate department said late on Wednesday.
Renewables could meet energy gap without LNG imports: report
Wed 18 Feb 2026
By Shannon Morris-Williams | Importing liquefied natural gas to support electricity supply could lock households and businesses into higher energy costs for decades, while cheaper and more secure alternatives are already available, according to a new report from the New Zealand Green Building Council.
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.
What northern NZ’s wet and sticky summer reveals about our warming atmosphere
Wed 18 Feb 2026
New Zealand’s summer has been defined by repeated bursts of intense rain, as subtropical systems have swept down over the upper North Island and beyond.
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.
Outdated land-use system unfit for modern environmental regulation, commissioner warns
Mon 16 Feb 2026
By Shannon Morris-Williams | New Zealand’s long-standing Land Use Capability (LUC) system is no longer fit for regulatory decision-making, according to a new review from the Parliamentary Commissioner for the Environment.
Calls for action to reduce emissions as extreme weather bites
Tue 17 Feb 2026
By Liz Kivi | Renewable energy advocates and environmental groups are calling for more action to reduce emissions and increase resilience as severe weather wreaks havoc across the country.
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.”
European Central Bank's green supervision grows teeth, but will banks avoid being bitten?
Fri 13 Feb 2026
After several years of issuing guidance and repeatedly calling on banks to take climate and environmental risk management seriously, the European Central Bank is moving from guidance and expectations to enforcement.
Green Member’s Bill aims to give whales legal ‘personhood’
9 Feb 2026
The Green Party wants to give whales legal rights, including the right to sue.
Claims that AI can help fix climate dismissed as greenwashing
Wed 18 Feb 2026
Tech companies are conflating traditional artificial intelligence with generative AI when claiming the energy-hungry technology could help avert climate breakdown, according to a report.
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.
Media round-up
Fri 13 Feb 2026
In our round-up of climate coverage in local media: Senior UK ministers have asked their New Zealand counterparts to explain new climate policies, National’s LNG blunders are a warning ahead of election campaign, and what are the lessons New Zealand should take from another summer of weather disasters?
Wales council to buy and demolish homes prone to flooding
4 Feb 2026
A row of homes in a village in south Wales is to be bought by a local authority and demolished as they can no longer be protected from flooding caused by the climate crisis.
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 seek answers on climate impacts of LNG import facility
Fri 13 Feb 2026
By Shannon Morris-Williams | Lawyers for Climate Action has written to Climate Change and Energy Minister Simon Watts warning that the Government's plan for an LNG import terminal could be in conflict with New Zealand’s climate obligations and emissions reduction targets.
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.
Ministers celebrate fast-track milestone amid criticism
10 Feb 2026
By Shannon Morris-Williams | The government is marking the first anniversary of its fast-track approvals regime, saying it is helping “build New Zealand’s future”, despite continued criticism from environmental groups, opposition parties, and industry voices following several controversial project decisions.
Minister’s letters: Mildly positive or just virtue signalling?
5 Feb 2026
By Liz Kivi | The carbon market was buoyed slightly yesterday, after letters between the Government and the Climate Change Commission were proactively released.
Antarctic sediment core reveals past ice sheet retreat during warmer climates
Wed 18 Feb 2026
A record-breaking sediment core drilled from beneath the West Antarctic Ice Sheet is giving scientists new insight into how the ice sheet responded to warmer climates in the past — and what that could mean for future sea-level rise.
Climate ambassador moves on
Fri 13 Feb 2026
By Liz Kivi | The Government is on the hunt for a new top climate diplomat, with previous climate ambassador Stu Horne moving on to a posting in Honolulu as New Zealand’s Consul General to Hawai’i.
Commentators slam Govt inaction in aftermath of climate change-fuelled storms
30 Jan 2026
By Liz Kivi | Climate action - or inaction - is shaping up to be an election issue, with multiple commentators drawing a line between the Coalition Government’s backsliding on climate targets and the deadly extreme weather events of the past week.
Kiwi startup takes on global plastic pollution
12 Feb 2026
A New Zealand startup is launching what it says is the world’s first plastic-free effervescent drink tablet, with the ambitious aim of eliminating bottled beverages to reduce global plastic pollution.
Newsom to world leaders: 'Donald Trump is temporary'
Wed 18 Feb 2026
California Governor Gavin Newsom has long positioned the state as a durable counterweight to Trumpism, particularly on climate policies that California has expanded as the White House retreats.
78% of NZers want bottom trawling banned as Govt pushes to catch more coral in South Pacific
Tue 17 Feb 2026
Media release | New polling shows overwhelming support from New Zealanders for a ban on bottom trawling in the South Pacific high seas, says Greenpeace.
Critical minerals talks with US questioned in Waitangi Tribunal climate inquiry
9 Feb 2026
By Shannon Morris-Williams | New Zealand and the United States' negotiations over critical minerals have raised questions for the Waitangi Tribunal’s long-running inquiry into climate change.
Transformational gift to support natural environmental research at Victoria University
Tue 17 Feb 2026
Media release | Te Wāhanga a Manaia – Faculty of Science and Engineering at Victoria University is celebrating a remarkable $5 million gift from the George Mason Charitable Trust to support multidisciplinary research into the natural environment.
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.
NZ-UAE partnership boosts advanced tech
9 Feb 2026
Media release | A new Antarctic science partnership with a leading UAE university will grow New Zealand’s advanced engineering and modelling capability, supporting high-value jobs, encouraging economic growth, and enabling smarter climate risk management, Science, Innovation and Technology Minister Dr Shane Reti says.
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.
China starts sea trials for largest electric-powered container ship
Tue 17 Feb 2026
China’s first 10,000-ton electric containership is beginning sea trials. The shipyard is billing the ship as the largest of its kind and a further breakthrough in short-sea shipping.
EU to ban destruction of unsold clothes and shoes
12 Feb 2026
The European Commission has adopted new measures that will require medium and large companies to stop discarding unsold clothing and footwear, in the bloc’s latest move to target textile waste.
New research on climate adaptation as severe weather hits
Mon 16 Feb 2026
As extreme weather batters the country yet again, researchers have published the first ever empirical study of climate adaptation justice in Aotearoa New Zealand.
Argentina fires ravage pristine Patagonia forests, fueling criticism of Milei’s austerity
4 Feb 2026
The wildfires, among the worst to hit the drought-stricken Patagonia region in decades, have devastated more than 45,000 hectares (174 square miles) of Argentina’s forests in the last month and a half, forcing the evacuation of thousands of residents and tourists.
Hydrogen plant to start construction
10 Feb 2026
Construction is set to start this month on Hiringa Energy’s long delayed green hydrogen project in South Taranaki, after years of consenting fights that culminated in the Court of Appeal rejecting Greenpeace’s challenge in late 2023.
