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:
Govt consulting on Pacific Resilience Facility
Today 12:00pm
The Foreign Affairs, Defence and Trade Committee is calling for submissions on its international treaty examination of the Agreement to Establish the Pacific Resilience Facility.
Govt overhaul leaves the door open for coal mining on conservation land
Today 12:00pm
By Shannon Morris-Williams | The Government’s sweeping reclassification of thousands of hectares of publicly-owned conservation land has met with sharp criticism, with environmental groups saying the decision leaves vulnerable ecosystems exposed to mining and development.
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.
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.
Second fire tears through Tongariro National Park
Tue 9 Dec 2025
By Shannon Morris-Williams | Fire crews have returned to Tongariro National Park this morning as a fast-moving fire that started yesterday threatens unburnt vegetation and nearby communities, just a month after a major blaze scorched 3000 hectares in the same area.
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.
Minister not concerned about potential economic impacts of ruling out offshore mitigation
Thu 11 Dec 2025
By Liz Kivi | Climate Change Minister Simon Watts isn’t worried that ruling out using offshore mitigation is effectively reneging from the Paris Agreement with potential to damage New Zealand’s economy and access to export markets.
What are the causes of recent record-high global temperatures?
Today 12:00pm
The past three years have been exceptionally warm globally.
Is Govt rushing through changes to climate framework to avoid litigation?
Thu 11 Dec 2025
By Liz Kivi | The Parliamentary Commissioner for the Environment says the Government’s motivation for proposed changes to the country’s climate framework law are unclear: “The only reason I can think of is one grounded in potential litigation risk.”
KiwiRail pauses coal trains amid rising climate protests
Tue 9 Dec 2025
By Shannon Morris-Williams | Climate activists are ramping up actions this week, with a Christchurch protest leading to KiwiRail pausing some coal train operations on Saturday, and another protest against the Fast-Track Amendment Bill planned for parliament today.
Investors must support positive climate-tech
28 Nov 2025
OPINION: We need better leadership than the current ‘climate opportunism’ that is rife in the Beehive, and we need to back a marketplace that will make it happen, writes Rob Campbell.
$235 billion worth of NZ buildings exposed to flooding
30 Oct 2025
More than 750,000 New Zealanders live in locations exposed to one-in-100-year floods, according to a nationwide study which shows escalating flood risk.
India at COP30: A mismatch between grandstanding and climate action
Thu 11 Dec 2025
Despite India’s attempt to anoint itself as the leader of the developing world, at the COP30 summit, New Delhi’s track record remains contradictory.
Govt warned that scrapping ag emission pricing comes with risks
Thu 11 Dec 2025
By Liz Kivi | The Government’s move to halt plans for agricultural emissions pricing without replacing it with any other action will leave New Zealand facing a bigger gap to meet its third emissions budget, Environment ministry officials have warned.
NZ ‘clearly’ breaching international law on climate – Vanuatu Climate Change Minister
Today 12:00pm
By Liz Kivi | Vanuatu’s Climate Change Minister, Ralph Regenvanu, says New Zealand restarting fossil fuel exploration and subsidies is an obvious breach of international law, exposing the country to international and domestic litigation.
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.
Media round-up
Today 12:00pm
In our round-up of climate coverage in local media: Another offshore wind firm exits New Zealand over a clash with seabed mining; Fonterra falls behind on its climate goals as farm emissions remain flat; and the businesses trapped by the gas 'death spiral'.
Transport dominates NZ’s rising consumer emissions
Wed 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.
Australia has new laws to protect nature. Do they signal an end to native forest logging?
Thu 11 Dec 2025
Reforms to Australia’s nature laws have passed federal parliament. A longstanding exemption that meant federal environment laws did not apply to native logging has finally been removed from the Environment Protection and Biodiversity Conservation Act.
Oil and gas majors would create $78bn more value by stopping exploration
Thu 11 Dec 2025
Media release | Ten of the world’s largest oil and gas companies would create significantly more shareholder value by ending exploration and sharply curtailing upstream development, according to new analysis released today by ACCR.
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.”
Analysis: Why COP30’s ‘tripling adaptation finance’ target is less ambitious than it seems
5 Dec 2025
One of the headline outcomes to emerge from COP30 was a new target to “at least triple” finance for climate adaptation in developing countries by 2035.
Ticking time-bomb in Govt’s failure of leadership on climate – Carr
Tue 9 Dec 2025
By Liz Kivi | The coalition Government’s failure to slash emissions is like pulling the pin on a grenade, handing it to a kid, and saying “hold on tight, she’ll be right”, says former Climate Change Commission chair Rod Carr.
TotalEnergies loses in Paris court, marking a turning point for fossil fuel truth-in-advertising
5 Nov 2025
TotalEnergies was found to have misled consumers about its role in the energy transition.
Tribunal warns govt geothermal strategy risks Treaty breach
2 Dec 2025
By Shannon Morris-Williams | The government's geothermal development strategy risks breaching the Treaty of Waitangi, according to a report from the Waitangi Tribunal released last week.
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.
Insurers welcome govt decision to keep NHC levy unchanged
21 Nov 2025
Media release |The Insurance Council of New Zealand | Te Kāhui Inihua o Aotearoa (ICNZ) has welcomed the Government’s decision to leave the Natural Hazards Commission levy unchanged, amid ongoing concerns around the cost-of-living.
Why I’m not outraged at the Govt’s latest climate backsliding
7 Nov 2025
COMMENT: The Government’s latest climate rollbacks underline New Zealand’s long history of a lack of genuine desire to cut emissions, writes Geoff Bertram.
Shell facing first UK legal claim over climate impacts of fossil fuels
Today 12:00pm
Victims of a deadly typhoon in the Philippines have filed a legal claim against oil and gas company Shell in the UK courts, seeking compensation for what they say is the company's role in making the storm more severe.
NZ fails to back ‘roadmap’ to phase out fossil fuels at COP
24 Nov 2025
By Liz Kivi | Eighty-six countries including Australia, the UK, Germany, and Ireland backed a proposal at COP30 for national plans on how to quit oil, gas and coal – but New Zealand wasn’t one of them.
High risk of economic losses from Cook Islands nodule extraction and sales – new study
Today 12:00pm
Media release: Greenpeace | The economic potential of seabed polymetallic nodules in the Cook Islands has been overstated, according to a new independent study commissioned by Greenpeace International.
Govt rushes to pass climate law changes under urgency
Wed 10 Dec 2025
By Liz Kivi | Legislation to amend the Climate Change Response Act was introduced to Parliament on Monday, and the government intends to rush the changes through under urgency in the next two weeks, avoiding the usual public consultation.
Storms in the Southern Ocean are producing more rain – and the consequences could be global
Mon 8 Dec 2025
Storms in the Southern Ocean influence weather patterns across Australia, New Zealand and the globe.
Heatwaves, downpours and droughts – Auckland on track for more extreme weather
1 Dec 2025
By Shannon Morris-Williams | New projections show Auckland will face more heatwaves, heavier downpours, worsening droughts and growing coastal threats as climate extremes intensify, according to a new report from Earth Sciences New Zealand.
Govt green lights rural recycling scheme
4 Dec 2025
The Government has approved new regulations to bring rural waste schemes under one unified framework.
Shipping movements disrupted as climate change protesters block coal ships
2 Dec 2025
NSW police have arrested 141 people who attempted to block the shipping channel in Newcastle Harbour during Rising Tide protests, which began on Thursday.
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.
Neighbours fume over plans to axe trees for solar farm
Thu 11 Dec 2025
Diane McCarthy, Local Democracy Reporter | Whakatāne District Council has thrown its support behind residents of a country lane distressed about Genesis Energy’s plans to axe their trees.
NZ and US studying "huge unknown" in Antarctic climate science
Thu 11 Dec 2025
Media release: Earth Sciences New Zealand | Scientists are measuring a huge unknown in climate science: how much heat Antarctica emits into space.
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.
More than $2m up for grabs for low-emissions farming innovation
Wed 10 Dec 2025
The Ag Emissions Centre and AgriZeroNZ yesterday opened their 2026 innovation investment round.
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.
Seven EU countries pressure European Commission to rethink 2035 diesel and petrol car ban
Tue 9 Dec 2025
Pressure from EU countries, lawmakers and the automotive industry is likely pushing the European Commission to delay the revision of the bloc's ban on diesel and petrol cars by 2035.
Kaicycle celebrates ten years of collective climate action in Pōneke
14 Nov 2025
Media release: Kaicycle | Since 2015, Kaicycle has grown from a humble pilot project growing kai and collecting compost on bicycles into the thriving urban farm and composting hub that Wellingtonians know and love.
Study provides a step-change in understanding NZ’s groundwater
28 Nov 2025
Media release | Earth Sciences New Zealand has developed a world-first National Groundwater Age Map and a powerful suite of tools to support the sustainable management of our hidden groundwater resources, from national through to local scales.
NZ just had its hottest spring in at least 116 years
Wed 10 Dec 2025
By Shannon Morris-Williams | This year New Zealand had its hottest spring since records began, with widespread heat, rainfall extremes and destructive wind driven by sudden stratospheric warming.
Australian market operator slashes wind farm predictions amid falling costs for solar and batteries
Thu 11 Dec 2025
The body that runs Australia's biggest power market has scaled back its plans for high-voltage power lines and wind farms to meet the country's green energy targets.
