Topics tagged with 'NZ Market Report'
Latest strip of CERs 2008 – 2012 vintage – indicative mid-prices
16 Dec 2008
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 prices in quiet rally
12 Dec 2008
The carbon market rallied overnight on the back of firm gas, electricity and oil prices but the rise was muted compared to rises in other energy markets, OMFinancial reports.
Current carbon credits available
12 Dec 2008
CERs – December 2010 to 2012 strip - 100,000 tonnes per year offered at €13.40 (€/t)
Latest strip of CERs 2008 – 2012 vintage – indicative mid-prices
12 Dec 2008
OM Financial 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 revovers from Friday flop
9 Dec 2008
The carbon market recovered overnight after Friday’s capitulation where it fell nearly 10 per cent, OMFinancial reports.
Current carbon credits available
9 Dec 2008
CERs – December 2010 to 2012 strip - 100,000 tonnes per year offered at €13.40 (€/t)
Latest strip of CERs 2008 – 2012 vintage – indicative mid-prices
9 Dec 2008
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 continues general fall
5 Dec 2008
Carbon prices were weaker across the board and fell in sympathy with other energy markets, OMFinancial reports.
Current carbon credits available
5 Dec 2008
CERs – December 2010 to 2012 strip - 100,000 tonnes per year offered at €14.50 (€/t)
Latest strip of CERs 2008 – 2012 vintage – indicative mid-prices
5 Dec 2008
OM Financial 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 defensive as world grapples with recession
2 Dec 2008
A volatile day for carbon, with European prices (EUAs) weaker on the back of a sliding oil market and ongoing recession fears, while CERs were firmer on the back of the DNV suspension and short-covering due to the expiry of the 2008 CER vintage.
Current carbon credits available
2 Dec 2008
CERs – December 2010 to 2012 strip - 100,000 tonnes per year offered at €14.50 euros/tonne.
Latest strip of CERs 2008 – 2012 vintage – indicative mid-prices
2 Dec 2008
OMFinancial is able to deal over-the-counter on prices in size. Prices are indicative, subject to change and subject to counterparty credit assessment.
Power price helps carbon surge
28 Nov 2008
The carbon market surged overnight on the back of a very strong German electricity price, OMFinancial reports.
Current carbon credits available
28 Nov 2008
CERs – December 2010 to 2012 strip - 100,000 tonnes per year offered at 14.65 euro (euro/t)
CERS weaken overnight
27 Nov 2008
Carbon prices for CERs weakened slightly overnight, whilst European prices (EUAs) were unchanged, broker OMFinancial reports.
Current carbon credits available
27 Nov 2008
CERs – December 2010 to 2012 strip - 100,000 tonnes per year offered at 14.15 euros/tonne.
Latest strip of CERs 2008 – 2012 vintage – indicative mid-prices
27 Nov 2008
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 prices rise with oil
25 Nov 2008
Carbon prices jumped overnight as oil rose above $50 per barrel.
Current carbon credits available
25 Nov 2008
CERs – December 2010 to 2012 strip - 100,000 tonnes per year offered at €14.75(€/t)
Latest strip of CERs 2008 – 2012 vintage – indicative mid-prices
25 Nov 2008
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.
Local market stunned in wake of ETS u-turn
20 Nov 2008
Locally, the market is a little stunned and still digesting the news of a complete review of the ETS and possible reversion to a carbon tax, broker OMFinancial reports.
Current carbon credits available
20 Nov 2008
CERs – December 2010 to 2012 strip - 100,000 tonnes per year offered at 15.00 euro (euro/t)
Latest strip of CERs 2008 – 2012 vintage – indicative mid-prices
20 Nov 2008
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 sinks again
17 Nov 2008
Carbon slumped on Friday night on recession fears (or reality), after growth in the eurozone shrank by .2 per cent in the third quarter, broker OMFinancial reports.
Current carbon credits available
17 Nov 2008
NZUs – December 2010 –150,000 tonnes – Bid 13.00 euros and offered euros14.00 per tonne.
Latest strip of CERs 2008 – 2012 vintage – indicative mid-prices
17 Nov 2008
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 holding well, considering
14 Nov 2008
The carbon market staggered overnight on news that Germany officially fell into recession in the third quarter when its economy shrank by a much sharper-than-expected 0.5 per cent, broker OMFinancial reports.
Current carbon credits available
14 Nov 2008
NZUs – December 2010 –150,000 tonnes – Bid 13.00 euro and offered 14.00 euro per tonne
Latest strip of CERs 2008 – 2012 vintage – indicative mid-prices
14 Nov 2008
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 drifts lower
13 Nov 2008
Carbon prices drifted overnight as energy-related commodities weakened, broker OMFinancial reports.
Current carbon credits available
13 Nov 2008
NZUs – December 2010 –150,000 tonnes – Bid 13.00 euros and offered 14.00 euros per tonne.
Latest strip of CERs 2008 – 2012 vintage – indicative mid-prices
13 Nov 2008
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 falls again as energy prices weaken
12 Nov 2008
A weak energy complex saw carbon prices fall again overnight; oil, gas, coal and electricity prices were all weak, broker OMFinancial reports.
Current carbon credits available
12 Nov 2008
NZUs – December 2010 –150,000 tonnes – Bid €13.00 and offered €14.00 per tonne.
Latest strip of CERs 2008 – 2012 vintage – indicative mid-prices
12 Nov 2008
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 follows power, gas and oil down
11 Nov 2008
Carbon fell overnight as the bearishness returned with falls in electricity, gas and oil all contributing to the weakness.
Current carbon credits available
11 Nov 2008
NZUs – December 2010 –150,000 tonnes – Bid €13.00 and offered €14.00 per tonne
Latest strip of CERs 2008 – 2012 vintage – indicative mid-prices
11 Nov 2008
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 gets back some strength
10 Nov 2008
Carbon rallied Friday on the back of firm electricity prices in Germany and a bounce in oil prices, but the rise was subdued and more of a correction and consolidation after recent heavy falls.
Current carbon credits available
10 Nov 2008
NZUs – December 2010 –150,000 tonnes – Bid €13.00 and offered €14.00 per tonne
Latest strip of CERs 2008 – 2012 vintage – indicative mid-prices
10 Nov 2008
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 under pressure as all prices fall
7 Nov 2008
Carbon remained under pressure as oil, electricity and gas prices all fell.
Current carbon credits available
7 Nov 2008
NZUs – December 2010 – 50,000 tonnes – Bid €13.00 and offered €14.00 per tonne
Latest strip of CERs 2008 – 2012 vintage – indicative mid-prices
7 Nov 2008
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 prices fall on bad news from Europe
6 Nov 2008
The carbon market turned lower overnight due to a number of negative factors, broker OMFinancial reports.
Current carbon credits available
6 Nov 2008
NZUs – December 2010 – 50,000 tonnes – Bid €13.00 and offered €14.00 per tonne.
Latest strip of CERs 2008 – 2012 vintage – indicative mid-prices
6 Nov 2008
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 up again overnight
5 Nov 2008
Carbon had another strong performance overnight, boosted by a firm oil market and higher electricity prices as well as bargain hunters continuing to nibble at carbon at these low levels, broker OMFinancial reports.
Shane Jones on climate change – it’s real, but…
Fri 15 Aug 2025
By Pattrick Smellie | New Zealand First deputy leader Shane Jones believes climate change is real, but is uninterested in what is causing it and primarily focused on adapting to it.
Forestry the source of all ETS risk, says top economist
Fri 15 Aug 2025
By Shannon Morris-Williams | Forestry is the source of all of the risk in New Zealand's Emissions Trading Scheme and it's inevitable that the scheme has to be reformed, according to Parliamentary Commissioner for the Environment chief economist Geoff Simmons.
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.
Why plane turbulence is becoming more frequent - and more severe
6 Aug 2025
As climate change shifts atmospheric conditions, experts warn that air travel could become bumpier: temperature changes and shifting wind patterns in the upper atmosphere are expected to increase the frequency and intensity of severe turbulence.
'Cali Fund’ for nature still empty as emails show industry hesitation
8 Aug 2025
A major fund for biodiversity remains starved of resources more than five months after its launch – with no money yet put forward by the large companies who could contribute.
Media round-up
Fri 15 Aug 2025
In our round-up of climate coverage in local media: Australia could be about to leapfrog New Zealand on climate targets; 'strangled' rivers are fighting back; and 10 rangatahi will join Aotearoa New Zealand’s delegation at the United Nations' major climate conference in Brazil.
Forestry sector could take legal action over ETS changes
Thu 14 Aug 2025
By Liz Kivi | The forestry sector is threatening legal action against the Government over changes to legislation intended to limit whole farm-to-forest conversions in the Emissions Trading Scheme.
Wildfires fanned by heatwave and strong winds rage across Europe
Fri 15 Aug 2025
Wildfires caused by arsonists or thunderstorms and fanned by a heatwave and strong winds wreaked destruction across southern Europe on Wednesday, burning homes and forcing thousands of residents and tourists to flee.
Carbon price underperforming: Environment secretary
Wed 13 Aug 2025
By Liz Kivi | The government has been focussed on reducing the Emissions Trading Scheme ‘stockpile’ and carbon prices should rise soon, according to the Secretary for the Environment.
Why China is still building new coal – and when it might stop
Thu 14 Aug 2025
Last year, China started construction on an estimated 95 gigawatts (GW) of new coal power capacity, enough to power the entire UK twice over.
Is extending Huntly power station to 2035 in consumers’ best interest?
22 Jul 2025
By Simon Orme | COMMENT: Genesis Energy is proposing a cartel to keep high-emitting Huntly Power Station in business to 2035. If extending Huntly has economic benefits, is a cartel necessary?
What does 'drier' really mean in 'green' homes?
1 Aug 2025
Media release - Waipapa Taumata Rau, University of Auckland | Researchers say green-rating systems could improve clarity and effectiveness by explicitly defining ‘drier’ and using two measures of humidity.
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.
Hot water heat pumps next big thing – but need a push
Thu 14 Aug 2025
Media release – Ecobulb Limited | Bold action is needed to accelerate New Zealand’s transition to cleaner, more energy-efficient homes and businesses, says energy efficiency expert Dr Chris Mardon.
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.
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.
Global oil markets face record supply glut next year, IEA says
Fri 15 Aug 2025
Global oil markets are on track for a record surplus next year as demand growth slows and supplies swell, the International Energy Agency said.
A modest geothermal strategy
31 Jul 2025
By Pattrick Smellie | The Government has unveiled a far more modest geothermal energy strategy than its primary backer, Resources Minister Shane Jones, had sought.
Govt rejects Te Kuha coal mine fast-track bid
Wed 13 Aug 2025
By Shannon Morris-Williams | The controversial Te Kuha coal mine on the West Coast has had its application for fast-track approval declined, after failing to meet seven of the application criteria.
Will reflective roofs help beat the heat?
Fri 15 Aug 2025
Media release - University of Auckland | About 500 roofs across four continents have been painted with a reflective coating, as part of research into tackling the health impacts of climate change.
How the meat industry uses environmental groups to make beef seem climate-friendly
Mon 11 Aug 2025
The meat industry may have enlisted environmental groups to persuade people to “feel better” about eating beef, despite the sector’s ballooning emissions of climate-heating pollution.
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.
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.
Why insurers worry the world could soon become uninsurable
Mon 11 Aug 2025
Top insurers fear the climate crisis could soon outpace industry solutions, effectively threatening to make entire regions around the world uninsurable.
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.
First-of-a-kind US class-action lawsuit would force EPA to reinstate $3bn climate program
7 Aug 2025
Coalition of non-profits, tribes and local governments sued EPA chief for halting climate justice grants.
Fund for low emissions transport winds up
31 Jul 2025
New Zealand’s Low Emission Transport Fund has officially wrapped up, ending a nine-year programme that put hundreds of millions of dollars towards accelerating the country’s shift to cleaner transport.
A mineral mining boom is not ‘critical’ for the green transition
Wed 13 Aug 2025
New research shows renewable energy goals could largely be met with the amount of minerals produced today – but the military industry wants more.
Oil states accused of using scare tactics in bid to sink green shipping deal
Tue 12 Aug 2025
Saudi Arabia, Iran and other oil-reliant countries are campaigning to stop the adoption of the IMO’s Net-zero Framework in October.
Backlash over govt conservation changes
4 Aug 2025
By Shannon Morris-Williams | The government’s proposed changes to the Conservation Act are the most significant roll back in conservation protections in a generation, according to the Green Party.
Plastic treaty talks nearing collapse as nations remain deadlocked on production
Thu 14 Aug 2025
Environmental organisations warn that without urgent compromises the session could fail to produce a treaty capable of tackling the scale of the crisis.
New resource management bill an 'unprecedented power grab' by ministers
Wed 13 Aug 2025
Media release – Environmental Defence Society | The changes proposed in the Amendment Paper represent an "egregious aggregation of power" by Minister Bishop, aimed at disempowering councils who protect the environment.
A new report shows how local climate activism leads to ‘remarkable’ gains
7 Aug 2025
Efforts to pass laws and advance clean energy projects can significantly reduce emissions, and at a low cost.
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.
Heat pumps could cut household energy bills by $1.5 billion a year
Tue 12 Aug 2025
By Liz Kivi | Heat pumps could save Kiwi households hundreds of millions of dollars each year, as well as freeing up energy for industrial users, according to a new report.
International scientists slam NZ govt's proposed approach to methane
Wed 13 Aug 2025
New Zealand's proposed approach to methane emissions has again been attacked by international climate scientists, with a new study saying the attempt to redefine climate target-setting by livestock-exporting countries undermines the transition to a sustainable and equitable food system
Climate groups want UK wealth tax to make super-rich fund sustainable economy
17 Jul 2025
Growing number of campaigners urge government to ensure green investment is not done ‘on backs of the poor’.
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.
African $60 billion high-speed rail project takes shape
Fri 15 Aug 2025
One of the largest infrastructure projects in Africa has received a new update that could see construction begin soon.
Momentum sagging at UN plastic pollution treaty talks
Tue 12 Aug 2025
Talks on forging a landmark treaty to combat the scourge of plastic pollution were stumbling Saturday, with progress slow and countries wildly at odds on how far the proposed agreement should go.
'Yet another rate': Franz Josef ratepayers balk at $2.8m stopbank extension
4 Aug 2025
By Lois Williams, Local Democracy Reporter | Franz Josef ratepayers have given the thumbs down to plans for a $2.8 million stopbank extension to protect the town’s sewerage plant from the Waiho River.
Warmer end to winter but dry spell expected over southern lakes
5 Aug 2025
As hydro lake levels hover just below average levels, climate forecasts indicate that warmer than usual weather conditions will reduce demand, but there will likely be less rain over the southern hydro lakes as New Zealand moves towards spring and summer.
Record UK wildfires have burned an area twice the size of Glasgow in 2025
Tue 12 Aug 2025
Wildfires have scorched more than 40,000 hectares of land so far this year across the UK – an area more than twice the size of the Scottish city of Glasgow.
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.
