Topics tagged with 'NZ Market Report'
Australian ETS goes to House
15 May 2009
Australia has introduced its ETS legislation into the House and now the test will come from the Liberal opposition and the Greens to either support the legislation or the give the Government its double dissolution trigger to go the polls for an early election.
Current carbon credits available
15 May 2009
NZ AAUs – December 2008 NZUs – 500,000 tonnes - price on application
Latest strip of CERs 2009 – 2012 vintage – indicative mid-prices
15 May 2009
OMFinancial is able to deal over the counter (OTC) on prices in size. Prices below are indicative, subject to change and subject to counterparty credit assessment.
Carbon price has doubled since February
12 May 2009
New Zealand really needs to make a decision soon in regard to the ETS - the price of carbon has doubled since February and our slow inaction means emitters have been unable to take advantage of a very low carbon price, says OMFinancial.
Current carbon credits available
12 May 2009
NZ AAUs – December 2008 NZUs – 500,000 tonnes - price on application.
Latest strip of CERs 2009 – 2012 vintage – indicative mid-prices
12 May 2009
OMFinancial is able to deal over-the-counter on prices in size. Prices are indicative, subject to change and subject to counter-party credit assessment.
Carbon continues rise
8 May 2009
The carbon price continued to rise overnight in line with firm oil.
Current carbon credits available
8 May 2009
NZ AAUs – December 2008 NZUs – 500,000 tonnes – offered at NZ$26.50 ($/t)
Latest strip of CERs 2009 – 2012 vintage – indicative mid-prices
8 May 2009
OMFinancial is able to deal over the counter (OTC) on prices in size. Prices below are indicative, subject to change and subject to counterparty credit assessment.
Carbon rally might not be sustainable
5 May 2009
The price of carbon continues to rally on the back of firmer energy prices, but the contango is narrowing, especially in secondary CERs, OMFinancial reports.
Current carbon credits available
5 May 2009
NZ AAUs – December 2008 NZUs – 500,000 tonnes – offered at NZ$26.95 ($/t).
Latest strip of CERs 2009 – 2012 vintage – indicative mid-prices
5 May 2009
OMFinancial is able to deal over-the-counter on prices in size. Prices are indicative, subject to change and subject to counter-party credit assessment.
Carbon trades-the-range
1 May 2009
Carbon continues to trade-the-range, in spite of a negative forecast by European carbon analysts, who expect the price of carbon to crash later this year as a flood of new (European) allowances hits the market, broker OMFinancial reports.
Current carbon credits available
1 May 2009
NZ AAUs – December 2008 NZUs – 500,000 tonnes – offered at NZ$26.75 ($/t).
Latest strip of CERs 2009 – 2012 vintage – indicative mid-prices
1 May 2009
OMFinancial is able to deal over-the-counter on prices in size. Prices are indicative, subject to change, and subject to counter-party credit assessment.
Carbon weakens overnight
28 Apr 2009
Carbon weakened slightly overnight in line with softer energy prices, broker OMFinancial reports.
Current carbon credits available
28 Apr 2009
NZ AAUs – December 2008 NZUs – 500,000 tonnes – offered at NZ$26.50 ($/t) .
Latest strip of CERs 2009 – 2012 vintage – indicative mid-prices
28 Apr 2009
OMFinacial is able to deal over-the-counter on prices in size. Prices are indicative, subject to change and subject to counter-party credit assessment.
European carbon prices down, but CERS up slightlly
24 Apr 2009
Carbon was mixed overnight; European prices (EUAs) fell slightly in response to weaker energy prices, but secondary CERs rose on average about 2 per cent across all vintages.
Current carbon credits available
24 Apr 2009
NZ AAUs – December 2008 NZUs – 500,000 tonnes – offered at NZ$25.50 ($/t).
Latest strip of CERs 2009 – 2012 vintage – indicative mid-prices
24 Apr 2009
OMFinancial is able to deal over-the-counter on prices in size. Prices are indicative, subject to change and subject to counterparty credit assessment.
Carbon and energy markets dip overnight
21 Apr 2009
Carbon prices dipped overnight in sympathy with weak energy markets, with oil, gas, coal and electricity all trading lower.
Current carbon credits available
21 Apr 2009
NZ AAUs – December 2008 NZUs – 500,000 tonnes – price on application
Latest strip of CERs 2009 – 2012 vintage –iIndicative mid-prices
21 Apr 2009
OMFinancial is able to deal over the counter (OTC) on prices in size. Prices below are indicative, subject to change and subject to counterparty credit assessment.
Carbon builds cautious up-trend
17 Apr 2009
The carbon price continues to trade the recent range, though has been building a cautious up-trend over the past couple of months, says broker OMFinancial.
Current carbon credits available
17 Apr 2009
NZ AAUs – December 2008 NZUs – 500,000 tonnes – price on application
Latest strip of CERs 2009 – 2012 vintage – indicative mid-prices
17 Apr 2009
OMFinancial is able to deal over the counter (OTC) on prices in size. Prices below are indicative, subject to change and subject to counterparty credit assessment.
Carbon trading markets closed
14 Apr 2009
The regular OMFinancial carbon markets report will return on Friday.
First sale of NZUs goes through
9 Apr 2009
The first sale of units under the emissions trading scheme will settle now that the first trance of 2008 New Zealand Units has been credits to the registry accounts of those who submitted returns, says broker OMFinancial.
Current carbon credits available
9 Apr 2009
NZ AAUs – December 2010 to 2012 - 400,000 tonnes per year offered at NZ$25 ($/t)
Latest strip of CERs 2009 – 2012 vintage – indicative mid-prices
9 Apr 2009
OMFinancial is able to deal over the counter (OTC) on prices in size. Prices below are indicative, subject to change and subject to counterparty credit assessment.
Carbon starts firm, then weakens
7 Apr 2009
Carbon tracked the energy complex and started the day very firm, hitting a three-month high on firm German electricity prices, but slipped later in the day as energy prices weakened with oil leading the decline, broker OMFinancial reports.
Current carbon credits available
7 Apr 2009
NZ AAUs – December 2010 to 2012 - 400,000 tonnes per year offered at NZ$25 ($/t)
Latest strip of CERs 2009 – 2012 vintage – indicative mid-prices
7 Apr 2009
OMFinancial is able to deal over the counter (OTC) on prices in size. Prices below are indicative, subject to change and subject to counterparty credit assessment.
Carbon slips overnight
3 Apr 2009
Carbon's correlation with energy prices has slipped somewhat with carbon falling overnight even in the face of very firm oil and European electricity prices, OMFinancial reports.
Current carbon credits available
3 Apr 2009
NZ AAUs – December 2010 to 2012 - 400,000 tonnes per year offered at NZ$25 ($/t)
Latest strip of CERs 2009 – 2012 vintage – indicative mid-prices
3 Apr 2009
OMFinancial is able to deal over the counter (OTC) on prices in size. Prices below are indicative, subject to change and subject to counterparty credit assessment.
Eight million NZUs to be issued tomorrow
31 Mar 2009
The Minister for Climate Change Issues has directed the Registrar of the New Zealand Emissions Unit Registry to issue 8 million New Zealand Units into the Crown holding account, broker OMFinancial reports.
Current carbon credits available
31 Mar 2009
NZ AAUs – December 2010 to 2012 - 400,000 tonnes per year offered at NZ$25 ($/t).
Latest strip of CERs 2009 – 2012 vintage – indicative mid-prices.
31 Mar 2009
OMFinancial is able to deal over-the-counter on prices in size. Prices are indicative, subject to change and subject to counterparty credit assessment.
Carbon and oil up overnight
27 Mar 2009
The price of carbon tracked oil higher overnight, after several days of decline, broker OMFinancial reports.
Current carbon credits available
27 Mar 2009
NZ AAUs – December 2010 to 2012 - 400,000 tonnes per year offered at NZ$25 ($/t).
Latest strip of CERs 2009 – 2012 vintage – indicative mid-prices
27 Mar 2009
OMFinancial is able to deal over-the-counter on prices in size. Prices are indicative, subject to change and subject to counter-party credit assessment.
Carbon follows rise in energy markets
24 Mar 2009
The price of carbon firmed overnight as oil, electricity and gas prices all rose.
Current carbon credits available
24 Mar 2009
NZ AAUs – December 2010 to 2012 - 400,000 tonnes per year offered at NZ$25 ($/t).
Latest strip of CERs 2009 – 2012 vintage – indicative mid-prices
24 Mar 2009
OMFinancial is able to deal over-the-counter on prices in size. Prices are indicative, subject to change and subject to counterparty credit assessment.
NZUs record first transaction
20 Mar 2009
New Zealand’s emissions trading scheme has recorded its first transaction in New Zealand Units (NZUs), OMFinancial reports.
Current carbon credits available
20 Mar 2009
NZ AAUs – December 2010 to 2012 - 200,000 tonnes per year offered at NZ$25 ($/t)
Latest strip of CERs 2009 – 2012 vintage – indicative mid-prices
20 Mar 2009
OMFinancial is able to deal over the counter (OTC) on prices in size. Prices below are indicative, subject to change and subject to counterparty credit assessment.
Oil pushes carbon up
17 Mar 2009
Carbon rose slightly overnight on the back of a firmer oil market, which surprised most given the news from OPEC that it would not cut production, broker OMFinancial reports.
Bill to ban new coal mines fails at first reading
Fri 24 Oct 2025
By Shannon Morris-Williams | A bid to outlaw new coal mines was defeated at its first hurdle in Parliament this week, after a heated debate pitting climate imperatives against energy security and affordability.
Look out for these 8 big ag greenwashing terms at COP30
Today 11:30am
Food and farming companies will claim agriculture is the solution to the climate crisis at the Brazil summit — even though food drives a third of global warming.
NZ’s government wants tourism to drive economic growth – but how will it deal with aviation emissions?
Wed 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.
Celebrities slam mining plans
Today 11:30am
Actor Sam Neill has slammed plans for a gold mine in Otago, while Denniston Rose author Jenny Pattrick is backing a petition that would stop a coalmine on the West Coast.
Govt launches strategy backing wood-based heat sector
Thu 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.
‘Plain old dull’: NZU market continues to limp sideways
Fri 24 Oct 2025
By Liz Kivi | The NZU market has been “plain old dull” in recent months, with activity driven mainly by credit opportunities or a specific need to raise cash, according to Lizzie Chambers of trading platform Carbon Match.
EU leaders set conditions for new climate goal
Today 11:30am
The EU is trying to pass a new target to cut net greenhouse gas emissions 90% by 2040 to put the bloc on track for net-zero emissions by 2050.
Broker predicts all this year’s carbon auctions will fail
10 Oct 2025
By Liz Kivi | Marex New Zealand is forecasting that the government will sell no ‘pollution permits’ at the NZU auctions this year, with a significant gap continuing between secondary market prices and this year’s $68 auction floor price.
Genesis doubles down on Huntly as renewables ramp up
Fri 24 Oct 2025
Genesis Energy is doubling down on Huntly’s role as New Zealand’s energy backstop while accelerating one of the country’s largest pipelines of new renewable generation.
The merchants of doubt are back
3 Sep 2025
OPINION: If you don’t follow climate policy closely, you might not know that the Trump administration is launching an effort to overturn one of the most fundamental pillars of American climate policy.
Milestone for NZ Steel electrification
10 Sep 2025
By Pattrick Smellie | NZ Steel has passed an installation milestone for its new electric arc furnace, which will reduce emissions from the Glenbrook steel mill site by as much as one megatonne (1Mt) a year.
Carbon Finance Program upscales efforts to close climate investment gap in climate vulnerable nations
Wed 22 Oct 2025
Media release | The Climate Vulnerable Forum and its V20 Finance Ministers (CVF-V20) will work with the Voluntary Carbon Markets Integrity Initiative (VCMI) to upscale the Carbon Finance Program in reach and impact, supporting more climate-vulnerable countries to host high-integrity carbon projects that yield tangible climate, nature, and sustainable development benefits.
All carrot, no stick for farmers on methane
17 Oct 2025
By Pattrick Smellie | COMMENT: The abandonment of methane emissions pricing and the adoption of a weaker target is effectively the last nail in the coffin of the historic cross-parliamentary consensus embedded in the Zero Carbon Act 2019.
From nuisance to crisis: New report on pest wasps In Aotearoa
24 Sep 2025
Media release: Moths and Butterflies NZ Trust | Just published is the Final Report of the Pest Wasps Survey carried out by the Moths and Butterflies of NZ Trust (MBNZT) offering a comprehensive look at New Zealanders’ awareness, experiences, and attitudes toward wasps and the growing ecological, health, and social issues associated with them.
Philippines storm victims to seek damages from Shell in “unprecedented” climate claim
Today 11:30am
The case is the first civil claim to directly link an oil firm’s climate impact to deaths and personal injury in the Global South, its backers say.
NZ marine heatwaves could double in intensity under high-emissions pathway
16 Oct 2025
By Shannon Morris-Williams | New projections show marine heatwaves will grow more intense around the North Island and more frequent around the South Island as the climate warms – raising risks for fisheries, aquaculture, coastal ecosystems and tourism.
UN report: Five charts showing how global deforestation is declining
Today 11:30am
The amount of forest lost around the world has reduced by millions of hectares each year in recent decades, but countries are still off track to meet “important” deforestation targets.
Oil firm TotalEnergies made misleading green statements, court rules
Today 11:30am
A French oil company engaged in “misleading commercial practices” about the scope of its environmental commitments, a court has ruled.
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.”
Super Fund smashes decarbonisation goals
Thu 23 Oct 2025
By Pattrick Smellie | The New Zealand Superannuation Fund continues to blow through its self-imposed targets for decarbonising its investment portfolio, increasing its exposure to fast-growing green technology opportunities in the process, according to its 2025 climate statement.
No major banks have yet committed to stop funding new oil, gas and coal, research finds
Fri 24 Oct 2025
‘The objectives of the Paris agreement are slipping further out of reach,’ say researchers.
Is greenhushing the new greenwashing? Or something else entirely
Fri 24 Oct 2025
Companies used to be accused of faking sustainability via greenwashing. Now some are hiding actual climate progress.
Coal imports up 650%
12 Sep 2025
By Shannon Morris-Williams and Liz Kivi | Coal imports are up 650% as generators stockpile the most polluting fossil fuel ahead of next winter.
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.
On Louisiana’s Gulf Coast, residents fume as insurers hike rates and invest in fossil fuel projects
Wed 22 Oct 2025
Locals face a perfect storm — they can’t afford insurance and climate change threatens their livelihood.
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.
Media round-up
Fri 24 Oct 2025
In our round-up of climate coverage in local media: The Government planned to gut New Zealand's world-leading climate disclosure law - even as it bragged about it on the world stage; a new Indigenous climate adaptation network launches; and Climate Change Minister Simon Watts admits that the new methane target might breach the global 1.5C goal.
Nelson commuters urged to ditch car once a week
Wed 22 Oct 2025
By Max Frethey, Local Democracy Reporter | Nelson has a bold carbon emission reduction target and residents are being encouraged to leave the car at home one day a week to help meet it.
US, Australia to invest $2 billion in critical minerals, advance Alcoa gallium project
Thu 23 Oct 2025
The United States and Australia extended financial support to several Australian companies as part of a wide-ranging critical minerals agreement aimed at countering China's hold over the industry.
Govt ‘captured by industry’ on methane – Carr
21 Oct 2025
By Liz Kivi | Former Climate Change Commission chair Rod Carr says that recent moves to weaken methane targets and halt plans for agricultural emissions pricing show the Government has been captured by industry.
Climate impacts hit NZ with increasing wild weather
Thu 23 Oct 2025
By Liz Kivi | New Zealand is facing a triple whammy of climate impacts today, with severe winds and rainfall predicted for much of the country while some areas are still dealing with wildfires ignited earlier in the week.
‘Weird and sad’ – Tuvalu Climate Minister condemns NZ halving methane target
15 Oct 2025
By Liz Kivi | Dr Maina Talia, Tuvalu’s Minister for Home Affairs, Climate Change, and Environment, says he’s surprised at New Zealand’s decision to weaken its target for reducing methane emissions – and is planning to take up the issue with his counterpart Climate Minister Simon Watts this week.
Lobby group launches ‘blueprint’ for ocean management reform
18 Sep 2025
The Environmental Defence Society yesterday released its plan to tackle widespread ecological decline in our oceans.
Climate reporting rollback raises risk of 'flying blind', experts warn
Today 11:30am
By Shannon Morris-Williams | Government plans to drastically narrow mandatory climate disclosures may reduce compliance costs in the short term – but critics say it will leave New Zealand with major blind spots in tracking climate risk.
Judge dismisses suit by young climate activists against Trump’s pro-fossil fuel policies
17 Oct 2025
Plaintiffs had ‘overwhelming evidence’ of climate crisis but a court injunction would be ‘unworkable’, ruling says.
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.
Difficult trade-offs ahead for climate adaptation
17 Oct 2025
By Shannon Morris-Williams | While climate impacts are already here, bringing the urgent need to accelerate effective adaptation now, the Government's newly minted adaptation framework still leaves important questions unanswered about who will pay.
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.
Climate scientists and republican lawyers are taking aim at Big Tech’s emissions
17 Oct 2025
Technology companies have long been one of the biggest investors in clean energy, but new accounting rules could upend that.
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.
NZ abstains from vote on global shipping carbon tax
Wed 22 Oct 2025
By Shannon Morris-Williams | The Government says it held back from endorsing the International Maritime Organization’s Net-Zero Framework over fears the plan could raise costs for exporters and importers.
Fix it, don't ditch it: University of Auckland hosts first Repair Cafe
9 Oct 2025
Media release - Auckland University | The University's first-ever Repair Cafe is bringing students and staff together to give broken items a new lease on life, while promoting a culture of repair and reuse.
Council buys dairy farm to help clean up Lake Rotorua
21 Oct 2025
Bay of Plenty Regional Council has bought a 266-hectare dairy farm in the Lake Rotorua catchment and plans to retire it from production to reduce nitrogen entering the lake.
Adaptation plan at odds with public sentiment: survey
21 Oct 2025
By Liz Kivi | The Government’s position on climate adaptation buyouts shows a disconnect with public opinion, according to survey findings from insurer Suncorp NZ.
‘Damp squib’ – Govt energy plan slammed for locking in fossil fuels
2 Oct 2025
By Shannon Morris-Williams | Critics across business, climate groups and the opposition say the Government’s electricity reforms duck structural change, double down on LNG and gas, and offer little relief for soaring power prices – warning of an “expensive white elephant", deeper energy poverty and a missed chance to scale renewables.
