Topics tagged with 'NZ Market Report'
NZUs hold buyers' interest
22 Jun 2015
Carbon closed at $6.75 Friday, with good interest, and depth both ways. OMFinancial reports:
Spot NZUs corrects slightly but remains a buy
19 Jun 2015
NZUs closed at $6.80 yesterday, correcting slightly from $7.10, but remains firm. OMFinancial reports:
Spot NZUs remain firm
17 Jun 2015
NZUs traded at $7.10 yesterday and closed at $7.05 on Commtrade; well bid and offered into the close. OMFInancial reports:
Spot NZUs equal April's high
15 Jun 2015
Carbon closed at $6.70 on Friday, back at the previous recent high seen on April 8. OMFinancial reports:
Carbon marches higher
11 Jun 2015
Carbon had another lift yesterday, closing at $6.05 on 40k. OMFinancial reports:
Prices continue to rise
10 Jun 2015
Carbon traded up to $5.55 on small volume following yesterday’s big day. OMFinancial reports:
Good volumes of spot NZUs traded
9 Jun 2015
Spot NZUs traded 385,000 tonnes yesterday between $5.30 and $5.55. OMFinancial reports:
Spot NZUs may have bottomed
8 Jun 2015
Spot NZUs traded 70k on Friday to close unchanged at $5.40. OMFinancial reports:
Spot NZUs trade up
5 Jun 2015
It was quite a busy day for NZUs yesterday, with spot carbon closing up 13 cents to $5.40 on 50,000 tonnes.
Spot NZUs could go lower, but are still good buying
25 May 2015
Spot carbon traded at $5.15 on Friday. OMFinancial reports:
NZUs trade to six-month low
21 May 2015
Another busy day for spot NZUs, with the market dealing $5.35 in early trading before closing at $5.20 on 150k.
Spot NZUs trade size at $5.40
20 May 2015
OMFinancial traded 100,000 tonnes at $5.40 yesterday suggesting the market is starting to hammer out a base in the mid to low $5s.
Spot NZUs quiet beyond measure
15 May 2015
Spot carbon edged back into the high $5s today, settling at $5.72 on CommTrade. OMFinancial reports:
Spot NZUs hit $6.05 on small volume
14 May 2015
Spot NZUs got paid at $6.05 today on very small volume. OMFinancial reports:
Many portfolios in lock-down
8 May 2015
Carbon drifted again yesterday closing at $5.95 on CommTrade. OMFinancial reports:
Keep buying the dips
6 May 2015
Spot NZUs traded at $6 yesterday for 15,000 tonnes. OMFinancial reports:
NZUs remain quiet
5 May 2015
A very quiet day for spot NZUs trading a small amount of units and closing unchanged at $6.07. OMFinancial reports:
NZ carbon is domestic at last
4 May 2015
Spot NZUs continue to cling to the $6 level, closing at $6.07 on CommTrade Friday. OMFinancial reports:
NZUs settle at the end of the week
28 Apr 2015
A quiet end to the week for carbon, ahead of a long weekend. OMFinancial reports:
Spot NZUs continue to drift
24 Apr 2015
The market has been fairly quiet since a busy trading session earlier in the week and the market is holding the $6 level for now – last at $6.15. OMFinancial reports:
Spot NZUs have busy day
22 Apr 2015
The market saw a flurry of activity in spot yesterday. OMFinancial reports:
Spot NZUs drift slightly lower
21 Apr 2015
Spot NZUs drifted further down yesterday to close at $6.27. OMFinancial reports:
Procurement interest still there
20 Apr 2015
Spot NZUs drifted down on Friday, ending at $6.30 on 60,000 NZUs. OMFinancial reports:
Spot NZUs may head lower in the short-term
17 Apr 2015
You might think we call this market only one way, says OMFinancial:
Quiet day on the market
16 Apr 2015
The market was reasonably quiet overall yesterday. OMFinancial reports:
Spot NZUs continue to trade the range
15 Apr 2015
The market saw good two-way interest yesterday.. OMFinancial reports:
Quiet end to the week
13 Apr 2015
It was another quiet day for spot NZUs on Friday, closing at $6.52 on CommTrade. OMFinancial reports:
Time for a united front on carbon
10 Apr 2015
It was a quiet day yesterday for spot NZUs, which closed at $6.50 on CommTrade. OMFinancial reports:
NZUs well-traded and well-quoted
9 Apr 2015
NZUs traded at $6.50 on reasonable volume yesterday. OMFinancial reports:
NZUs remain bid
8 Apr 2015
The market opened at $6.50 yesterday before trading up to $6.60 and closing at $6.70. OMFinancial reports:
NZUs remain bid
7 Apr 2015
NZUs finished the week firm closing at $6.70 on the Thursday before Easter. OMFinancial reports:
Nothing to push this market lower
1 Apr 2015
The Spot NZU market traded and closed at $6.60 yesterday. OMFinancial reports:
Market grinding upwards
31 Mar 2015
A quiet start to the week yesterday, with NZUs closing at $6.57 on CommTrade. OMFinancial reports:
Liquidity not far away
30 Mar 2015
NZUs closed at $6.60 on Friday, after opening at $6.50. OMFinancial reports:
NZUs trading a bit in small range
27 Mar 2015
The market is seeing a bit of volume trading around $6.40 to $6.50. OMFinancial reports:
NZUs trade in smalls at $6.55
26 Mar 2015
It's a Mexican standoff - plenty of buyers at $6.40 and below and potentially enough supply at $7 and above. OMFinancial reports:
Stability is what we need
25 Mar 2015
We are hearing that some buyers, or representatives of buyers, are complaining to the Government about the illiquidity in this market, and the fact they cannot get set. OMFinancial reports:
Buyers starting to queue
24 Mar 2015
Carbon traded at $6.50 yesterday, with on-going bidding interest at $6.45 and little offering interest about. OMFinancial reports:
NZUs remain firm
23 Mar 2015
Carbon closed at $6.47 on Friday, after trading at $6.40. OMFinancial reports:
NZUs move higher
20 Mar 2015
NZUs closed at $6.55 yesterday as buyers came in late. OMFinancial reports:
NZUs quiet at $6.45
19 Mar 2015
A quiet day for NZUs yesterday, with the market closing on CommTrade at $6.45. OMFinancial reports:
NZUs hold around three-year highs
18 Mar 2015
Carbon traded between $6.35 and $6.47 yesterday on good volumes, with both small and large players in the market. OMFinancial reports:
A quiet start to the week
17 Mar 2015
NZUs traded smalls at $6.50 and closed at $6.45 yesterday on CommTrade. OMFinancial reports:
The long march continues
16 Mar 2015
NZUs closed at $6.45 on Friday - the highest traded price since June 2012. OMFinancial reports:
Leave the market to do its job
12 Mar 2015
Spot NZUs closed at $6.35 yesterday. OMFinancial reports:
Next stop $6.50
11 Mar 2015
NZUs traded up to $6.25 yesterday on 30k, and it appears most sellers are passing-the-parcel, which suggests prices are going higher. OMFinancial reports:
Sellers few and far between
10 Mar 2015
NZUs traded up to $6.20 on $70k yesterday as some emitters started to step into the market and mop up small sellers. OMFinancial reports:
NZ carbon prices hold in $6 range
9 Mar 2015
A quiet day for carbon on Friday, with the market fixing at $6.22. 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.
'It was the start of a new movement': The Dutch rewilding project that took a dark turn
Fri 24 Oct 2025
In 2018, thousands of dead animals, emaciated from starvation, lay strewn across a famous Dutch rewilding project. Was it animal cruelty or just nature taking its course?
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.
Just 28% of countries have released nature pledges a year after UN deadline
Thu 23 Oct 2025
Only 28% of countries have met a UN call to submit new plans on addressing nature loss – a year after the original deadline.
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.
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.
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.
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.
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.
EU plans deforestation delay only for small businesses
Wed 22 Oct 2025
The proposal will need approval of co-legislators, EU countries at the Council and MEPs, who can still push for more changes to the legislation.
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.
Climate credibility gap widening for Aussie firms
1 Oct 2025
By Pattrick Smellie | Australian public companies’ climate change commitments are in retreat, reflecting difficulty in achieving stated targets and increased fossil use, but not because of any pressure to make less effort, according to a study of major companies’ ESG reporting.
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.
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.
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.
Students repeat request for Victoria University to divest from fossil fuel investments
24 Sep 2025
Media release | A group of students campaigning for climate action at Victoria University of Wellington have dropped a banner protesting against the university’s lack of action on its 2014 commitment to divest from fossil fuels.
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.
