Topics tagged with 'NZ Market Report'
NZ market firm
15 Aug 2013
European carbon remains buoyant ahead of a holiday across much of Europe tomorrow, OMF reports.
Support grows for restrictions
9 Aug 2013
In addition to Labour MP Moana Mackey’s bill, sitting in the ballot box waiting to be drawn, there is a growing chorus of support for partially restricting the use of ERUs and CERs in the New Zealand ETS from now. OMFinancial reports:
Supply down, prices up
2 Aug 2013
Supply of ERUs has dried up over the past couple of weeks so prices have moved higher. OMFinancial reports:
European carbon extends gains
26 Jul 2013
The European market is having a stellar run, in particular EUAs, which had their ninth straight gain, something that hasn’t been seen for five years. OMFinancial reports:
Light trading in EUAs
12 Jul 2013
EUAs closed down 6 per cent for the week, as light volumes and a lack of buying activity from the utilities saw the market give back all the gains made since the market intervention plan was backed by the European Union Parliament, OMFinancial reports.
Wild swings as EU votes for backloading
5 Jul 2013
European carbon corrected overnight with December 2013 EUAs settling at €4.55, down 14 cents, OMFinancial reports.
EUAs behave as backloading looms
28 Jun 2013
It’s no surprise that EUAs have corrected further given that only the first corner on the backloading proposal has been past, says OMFinancial.
Bull trend in NZUs?
28 Jun 2013
NZUs hit a six month high yesterday of $2.50 – and now there is debate about whether this is just a speculative led low volume rally with no substance or the start of a bull trend. OMFinancial reports:
Europe traders take another look
21 Jun 2013
European carbon consolidated overnight as traders squared positions and take a relook at the market.
Carbon prices continue Europe rally
7 Jun 2013
Carbon prices in the EU have continued their climb as permits have risen 2.1 per cent in value to close at seven-week highs, says OMFinancial.
NZUs at $2 good to collect
24 May 2013
OMFinancial reports a good supply of NZUs at present - in the vicinity of 200,000 spot at $2 and 100,000 May 2014 at $2.20.
Carbon markets must get ready to grow
17 May 2013
According to Reuters, the number of EUAs floating about in the European Carbon market doubled betwen 2011 and 2012.
Take the cash ... it's free
10 May 2013
EITEs would be wise to swap for Green ERUs all of the “free” NZUs coming to them in 2013 and 2014.
Utilities buy ailing European carbon
19 Apr 2013
European carbon bounced overnight as utilities stepped into the market and took advantage of historically low prices, OMFinancial reports.
Why you should dump Green CERs
5 Apr 2013
The question has to be asked: How can a Green CER trade at €0.30+ cents when an ERU is sub €0.10 cents?
Europe vote edges closer
22 Mar 2013
Europe edges closer to the magic 245-vote backloading number, with Slovenia and Ireland indicating support bringing the number to 214, OMFinancial reports.
Price steady after overnight spike
15 Mar 2013
After a lack of support throughout the week, the December 2013 EUA - touching lows of €3.45 overnight - spiked up to €4.23 before settling at €3.70.
European market firms slightly
8 Mar 2013
The European market is left to hang as it waits for further back-loading news, OMFinancial reports.
Sell ... and put your money in the bank
1 Mar 2013
The recommendation for EITEs & Emitters holding NZUs now is to bank them and buy Green ERUs as replacement, says OMFinancial.
Carbon thumped overnight
15 Feb 2013
The local carbon market got smacked on the smell of an oily rag yesterday - thumped over 30 cents on 10,000 tonnes, to close at $2, OMFinancial reports.
EU party move leaves market in limbo
8 Feb 2013
The European market remains in limbo after news that the biggest EU party, the European People’s Party (EPP), is not likely to approve the back-loading proposal, says OMFinancial.
It's not all bad news from Europe
1 Feb 2013
European carbon markets trundled along sideways during their first session of the week, as no major change was recorded in spot CERs and ERUs, OMFinancial reports.
Market plunge gets the tongues wagging
25 Jan 2013
The major talking points this week are the massive market plunge in an already-volatile market which has been stirred up by rumour and political uncertainty, says John Davis of CF Partners in London.
European prices remain low
18 Jan 2013
Poor German economic data kept European carbon prices trundling along on their lows last night, OMFinancial reports.
EUAs take a dive ... again
30 Nov 2012
EUAs got smacked again last night, falling 25 cents, OMFinancial reports.
Carbon hits the windshield
16 Nov 2012
European carbon found its windshield last night, with EUAs dropping 10 per cent, OMFinancial reports.
A case of too many CERs
19 Oct 2012
CERs were sold off overnight, falling 15 cents on concerns that more issuance is pushing the number of CERs beyond the level the system needs, OMFinancial reports.
NZUs ignored, says trader
5 Oct 2012
European carbon was firm for most of the session last night, with a very firm oil lending support on the back of Syrian/Turkey tensions, OMFinancial reports.
The case for UN offsets
28 Sep 2012
For the record, OMFinancial is not against having UN offsets in New Zealand's Emissions Trading Scheme, the brokerage says.
Permit supply hopes firm prices
21 Sep 2012
Carbon has firmed again overnight on renewed optimism that a solution and an agreement would happen in regard to reducing permit supply, OMFinancial reports.
Bernanke move slows market
14 Sep 2012
The market spent most of the day in positive territory, only to sell off late, in the face of a turn in energy markets and the prospect of United States Federal Reserve chaiman Ben Bernanke speaking about further monetary easing, OMFinancial reports.
It's raining ERUs ...
7 Sep 2012
It was another night of contrasts; CERs and ERUs smashed and EUAs managing a small gain, OMFinancial reports.
Sell-off catches traders by surprise
31 Aug 2012
A large issuance of Industrial Gas CERs saw the market sell-off last night, catching traders by surprise, OMFinancial reports.
CERs continue to firm
24 Aug 2012
A firm energy market, especially in oil and German power, supported the carbon complex last night.
NZ carbon attractively priced
10 Aug 2012
It is clear we are going to trade a range for the next few weeks, OM Financial reports.
NZUs now the 'wallflower' at the carbon dance
3 Aug 2012
The European carbon market moved higher overnight, in spite of weaker energy markets, OMFinancial reports.
Switch NZUS for ERUs
27 Jul 2012
Carbon was defensive early, but finished with underlying strength and momentum after ECB President Mario Draghi pledged to do whatever it takes to support the Euro, OMFinancial says.
Market smacked
20 Jul 2012
The European market fell again last night as the permit delay appears to be headed for a quagmire.
Eyes on the prize
6 Jul 2012
The European Central Bank cut 25 points, China had a surprise rate cut, and the Bank of England starts another 50 billion of quantative easing, OMFinancial says.
Europe holds in the face of weaker energy markets
29 Jun 2012
CERs edged up again last night, albeit on limited volume and in the face of weaker energy markets, OMFinancial reports.
Sailing along on a sea of red
22 Jun 2012
Another day of consolidation for European carbon markets, but given the weakness across global markets carbon is holding up well after a run of nearly 20 per cent in a fortnight.
Rumours close European market higher
15 Jun 2012
The European market edged up again last night as news filtered out that European Commission was drafting proposals to delay the auctioning of between 400 million and 1.2 billion permits.
Arbitrage back on the table
8 Jun 2012
The Chinese cut rates by 25 basis points - and that’s not a good sign, OMFinancial reports
Futures manage bounce in Europe
1 Jun 2012
CER Futures managed to squeeze out a small bounce during the European session last night, albeit on reduced volume and no major fundamental change, OMFinancial reports.
It's all down to the Greeks
25 May 2012
Despite negative data last night in Europe - German IFO business sentiment falling to six month low, eurozone flash PMI 45.9 vs. 46.7 in April and UK recession deepening with Q1 GDP revised to -0.3 per cent - carbon managed to rebound on a stronger energy complex and finish the day firm, OMFinancial reports.
Why the NZUs premium has shrunk
18 May 2012
The premium of NZUs over European carbon has evaporated over the past week or two, with the differential of NZUs over ERUs now about 10 cents.
Events in Europe keep carbon down
11 May 2012
Global carbon prices remain subdued and depressed, OMFinancial reports.
Stop and think about the tax
27 Apr 2012
As we head in to May surrender time, OMFinancial is urging all ETS participants who are about to pass units to their points of obligation or to the Government to pause and consider the amount of tax you are effectively about to pay.
Good news from Europe
20 Apr 2012
European carbon prices have consolidated and posted modest gains in the past week.
Price fall stops - for now
13 Apr 2012
The international price for carbon is consolidating at current levels after suffering a sharp sell-off through March on the back of oversupply, disagreement about how to deal with it and a greater-than-expected fall in 2011 emissions.
Fifty years of observations, no reversal of glacier climate damage
31 Mar 2026
Media release: Earth Sciences New Zealand | Fifty years on from the first aerial survey of our Southern Alps glaciers, late snow and variable summer weather delivered a temporary reprieve from rapid ice loss, says Earth Sciences New Zealand.
From war to weather: A ‘super El Niño’ event poses fresh risks to global food costs
Fri 10 Apr 2026
An unusually powerful El Niño later this year could exacerbate food security fears as disruption caused by the Iran war strains supply for crucial fertilier products.
$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.
Media round-up
Fri 10 Apr 2026
In our round-up of climate coverage in local media: Past fuel price spikes failed to shift Kiwis out of their cars with signs suggesting it’s happening again, a 'she’ll be right' attitude is not enough in a climate crisis, and should forestry be listed as critical in the government's national fuel plan?
Environmental groups launch legal action over Govt's 'tick-box approach' to conservation land
Wed 8 Apr 2026
By Liz Kivi | Forest & Bird and the Environmental Defence Society are taking the Government to court over decisions about the future of publicly-owned land on Te Tai Poutini/the West Coast.
New alliance wants renewable-led energy – and Govt to press pause on LNG
Thu 9 Apr 2026
A newly formed coalition of business, consumer and energy organisations has unveiled a renewable-led strategy it says will strengthen the country’s energy security, and it’s calling on the Government to pause its plan for an LNG import terminal.
Carbon ‘stockpile’ up 9 million in March quarter
Fri 10 Apr 2026
By Liz Kivi | The ‘stockpile’ of pollution permits (NZUs) in private accounts has increased by just over 9 million to almost 145 million since the end of 2025, according to the latest figures from the Environmental Protection Authority.
India pulls out of bid to host UN climate summit
Fri 10 Apr 2026
Climate experts term the decision as a setback and surprise as India had been using the proposed summit to position itself as climate leader of the Global South.
Economic contraction will impact carbon market
1 Apr 2026
By Liz Kivi | While higher fossil fuel prices strengthen the long-run economics of decarbonisation, the current fuel crisis won’t inspire near-term confidence in the carbon market, according to Lizzie Chambers of Carbon Match.
Activist ends five-day tree-top protest at West Coast coal mine
Fri 10 Apr 2026
By Shannon Morris-Williams | A climate activist has ended a five-day tree-top occupation that blocked access to Bathurst Resources’ Cypress Mine on the West Coast, in a protest against plans to expand what could become New Zealand’s largest coal mine.
Supply-side pressures and political uncertainty ahead for carbon market
Tue 7 Apr 2026
By Kristen Green | ANALYSIS: With failed auctions, a surge of new forestry registrations, and an election a few months away, the NZ ETS in 2026 will be subject to a mix of supply-side pressures and political uncertainty.
Sustainable retail-office project breaks ground under new Green Star framework
19 Feb 2026
Construction is set to begin on a new retail-office development in central Auckland, which is targeting a 40% reduction in embodied carbon and 25% lower energy.
Opposition attacks Govt over fossil fuel phaseout backdown
2 Feb 2026
By Liz Kivi | Revelations that Resources Minister Shane Jones ruled out New Zealand signing up to a 'road map' away from fossil fuels at last year’s global climate summit show the National Party’s minor coalition partners’ undue influence over the Government, according to Labour leader Chris Hipkins.
Carbon price: Ups and downs amid geopolitical uncertainty
26 Mar 2026
By Liz Kivi | After ups and downs in recent weeks, the carbon market again broke above the $40 mark this week, with questions around how the Middle East conflict will play out weighing on market confidence.
Govt tweaks consenting rules for EV chargers
Fri 10 Apr 2026
By Shannon Morris-Williams | The Government has announced a national reset of planning rules for EV chargers, which it says aim to address infrastructure shortages which have put the brakes on electric vehicle uptake in New Zealand.
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.
Climate change means a 2004-level flood would likely be worse today
Fri 10 Apr 2026
By Rebecca Hogan, Local Democracy Reporter | If floods equivalent to the devastating 2004 event hit Manawatū today, it is predicted the outcome would be more extreme “as a result of climate change”.
Transport dominates NZ’s rising consumer emissions
10 Dec 2025
By Shannon Morris-Williams | Transport pollution was the biggest contributor to an increase in New Zealand’s consumption-based emissions in 2023, with emissions from household travel up 12%, and consumption-based emissions totalling 58.3 million tonnes – up 1.6% from the previous year.
Wellington planting nears one million trees
30 Mar 2026
By Shannon Morris-Williams | Greater Wellington’s parks restoration programme will hit one million native trees this year, with the first dams to rewet peat wetlands in Queen Elizabeth Park now completed after a years-long effort to bring these ecosystems – and their carbon sequestering superpowers – back to life.
Genesis fires up pellet study with Nature’s Flame
Wed 8 Apr 2026
By Pattrick Smellie | Genesis Energy is extending its quest for locally produced torrefied wood pellets to supplement coal and gas to fuel its Huntly power station, announcing it is investigating plant construction with established local solid fuels player Nature’s Flame.
A matter of strategy
Tue 7 Apr 2026
COMMENT: Even on the brink of a global commodities crisis, the possibilities for climate action aren't hopelessly foreclosed. Strategy can turn our fortunes around, writes David Hall.
RMA to speed up fossil fuel consents
18 Aug 2025
By Liz Kivi | An energy lobby group has welcomed a last-minute amendment to the RMA that puts fossil fuels on the same footing as renewables, however a sustainable energy expert says the move “beggars belief.”
FMA to ease conditions for green bond issues
31 Mar 2026
By Pattrick Smellie | Green, social and sustainability-linked bonds will face lower disclosure requirements and regulatory costs under a class exemption newly granted by the Financial Markets Authority.
New protections for NZ migratory species under UN convention
2 Apr 2026
By Shannon Morris-Williams | New international protections for migratory species, including several found in New Zealand, are a positive step – but global protections won’t halt the decline of migratory species on their own, experts say.
Fonterra admits ‘100% grass-fed’ claim breached law in greenwashing row
2 Apr 2026
By Shannon Morris-Williams | Fonterra has admitted its “100% New Zealand grass-fed” claims on Anchor butter were misleading and breached the law, settling a case brought by Greenpeace Aotearoa over packaging used between December 2023 and April 2025.
Govt missing opportunity to slash electricity prices, says expert
11 Feb 2026
By Liz Kivi | The Government’s fixation on eliminating the "dry-year risk margin" as a lever to reduce costs misses a much bigger opportunity to lower electricity prices, according to Christina Hood, head of Compass Climate.
NZ prepares to join ‘gold rush’ for white hydrogen
25 Mar 2026
By Pattrick Smellie | New Zealand may be close to commercialising the capture and use of naturally occurring ‘white’ hydrogen, with investment plans for developments in the Wairarapa region picking up pace in response to spiralling oil prices.
Media round-up
20 Mar 2026
In our round-up of climate coverage in local media: Crown lawyers agree High Court could quash emissions plan if found unlawful; NZ is locked in 'disaster inertia'; and climate change is notably absent from new development laws.
Climate law change spanner in the works for Waitangi Tribunal Inquiry
19 Dec 2025
By Liz Kivi | The Government’s controversial changes to New Zealand’s legal framework for climate policy have thrown a spanner in the works for a long-running Waitangi Tribunal Inquiry into climate change.
Lawyers complain to ombudsman over Govt failure to release LNG modelling
1 Apr 2026
By Liz Kivi | Lawyers for Climate Action has made a formal complaint to the Ombudsman over the Government’s failure to release information about its controversial decision to build a LNG import terminal.
EA entrenches 10kW export limit for residential solar
Wed 8 Apr 2026
By Pattrick Smellie | The Electricity Authority intends to require all electricity networks to offer at least a 10 kilowatt (kW) export capacity for residential rooftop and other small-scale distributed generation.
NZ First targets regional share of mining royalties
30 Mar 2026
By Shannon Morris-Williams | New Zealand First has proposed returning 50% of mining royalties to regional communities, saying that too much of the value from resource extraction is currently flowing to Wellington.
Tuvalu prioritises climate change in agreement with NZ
27 Mar 2026
By Liz Kivi | New Zealand has pledged an additional $20 million to climate resilience work in Tuvalu, more than doubling Aotearoa's aid to the tiny island nation in the current financial year.
Worst in a generation: Environmentalists slam fisheries reform bill
25 Mar 2026
Media release: Greenpeace | The Fisheries Amendment Bill, which will likely have its first reading in parliament this week, is being labelled the worst fisheries policy in a generation by environmental groups who are calling for it to be rejected to protect ocean health.
Renewable build-out runs into grid and firming limits
Wed 8 Apr 2026
New Zealand's electricity market entered 2026 with renewable generation at record levels and a substantial build pipeline finally moving from paper to construction. The harder question is whether the wider system can absorb and firm that capacity fast enough.
Kiwis overly optimistic about state of environment
27 Feb 2026
By Shannon Morris-Williams | New research suggests many New Zealanders believe the environment is in better shape than it really is, with public perceptions often out of step with scientific evidence.
‘They pushed so many lies about recycling’: the fight to stop big oil pumping billions more into plastics
24 Feb 2026
Plastic production has doubled over the last 20 years – and will likely double again. For author Beth Gardiner, metal water bottles and canvas tote bags are not the solution. So what is?
Activists occupy controversial gold drilling site
25 Mar 2026
By Max Frethey, Local Democracy Reporter | Opposition in Golden Bay to a controversial gold mine at Sams Creek has flared up over the weekend after several activists briefly occupied a drilling site.
China has a new competitor? Kazakhstan reveals huge rare Earth deposit that could power the next tech boom
25 Feb 2026
China’s grip on rare earths might finally see some competition, and the world is already taking notice.
Solar energy, cheap battery storage can meet 90% of India’s power demand at affordable costs: Ember report
Thu 9 Apr 2026
Battery storage is now cheap enough in India that solar power can meet 90% of the country’s power demand at lower lifetime costs than current average purchase rates in most states, a new study has found, a finding that could potentially point to a future buffer against global energy shocks.
Sci-tech prioritisation report is a joke that could cost NZ dearly, says NZ Association of Scientists
2 Apr 2026
Media release: New Zealand Association of Scientists | The Prioritisation Report released yesterday by the Prime Minister’s Science Innovation and Technology Council makes a poor case for further cuts and changes to our research system.
Carbon trading schemes cut more emissions than carbon taxes, according to global study
20 Mar 2026
By Shannon Morris-Williams | Carbon trading schemes are more effective than carbon taxes at reducing emissions, cutting fossil fuel use, and accelerating the shift to renewable energy, a global study has found.
AI’s arrival complicates Big Tech climate goals, and some worry it’s locking in more fossil fuels
2 Apr 2026
Six years ago, Google was confident that by 2030 it would power all operations with electricity generated from clean sources, including wind and solar power, and remove as much pollution as it produced. Today it calls those goals a “moonshot.” Microsoft says it’s still aiming to remove more carbon than it creates by 2030 but now describes the effort as “a marathon, not a sprint.”
Pacific climate response in question as NZ finance remains unclear
19 Dec 2025
By Shannon Morris-Williams | With New Zealand's $1.3 billion international climate finance commitment set to end with no clarity on what follows, the Auditor-General says oversight of that funding remains patchy and long-term outcomes are unclear.
Free fares call as fuel crisis impacts school attendance
Wed 8 Apr 2026
An open letter is urging the Government to make public transport free for all school children and subsidised for students under 25, as rising fuel costs begin to impact attendance and access to education across the country.
Infrastructure plan calls for ‘predictable approach’ to electrifying economy
18 Feb 2026
Aotearoa’s first National Infrastructure Plan, introduced to Parliament yesterday, calls for "a predictable approach to electrifying the economy" as one of ten priorities for the next decade.
Dairy farmers' lack of climate action 'even bleaker' than water inaction – Upton
1 Apr 2026
By Shannon Morris-Williams | Government projections for cutting agricultural emissions are being undermined by low farmer uptake, with the Parliamentary Commissioner for the Environment warning the country is relying on “heroic” assumptions to meet its methane targets.
AI tool predicts wildfire danger faster than current systems
26 Mar 2026
Media release | A wildfire forecasting system powered by artificial intelligence could help detect dangerous fire conditions earlier and reduce the cost of wildfire response, according to new research from Te Whare Wānanga o Waitaha | University of Canterbury.
Fast-track approved project could deliver NZ’s largest wind farm
Tue 7 Apr 2026
Media release: New Zealand Government |Fast-track approval has been granted for New Zealand’s largest wind farm project.
