Topics tagged with 'NZ Market Report'
NZUs very quiet
7 Oct 2014
Spot NZUs had a very quiet start to the week, closing at $4.35. OMFinancial reports:
NZUs finish week down
6 Oct 2014
Spot NZUs drifted most of last week to close at $4.35 on CommTrade – down about 10 cents. OMFinancial reports:
Quiet on NZ market
2 Oct 2014
Spot NZUs remain relatively quiet, as small volumes trade on the bid side of the market, causing the market to drift off a touch. OMFinancial reports:
Market sure to rally
26 Sep 2014
Another quiet day for spot NZUs, with a small trade at $4.42. OMFinancial reports:
Focus on certainty
22 Sep 2014
National's grip on the government benches means certainty for the Emissions Trading Scheme. OMFinancial reports:
Light action on NZU market
18 Sep 2014
Spot NZUs closed at $4.50 on CommTrade on small volume. OMFinancial reports:
NZUs remain steady
17 Sep 2014
NZUs are relatively quiet and are holding the $4.40 level. OMFinancial reports:
NZUs looking to test $4.50
9 Sep 2014
Spot NZUs traded $4.35 on 40k and closed well bid at that level. OMFinancial reports:
NZUs settle at $4.30
8 Sep 2014
Friday saw some further consolidation in the market, with Spot NZUs settling at $4.30 on CommTrade. OMFiancial reports:
NZUs consolidate
5 Sep 2014
Some consolidation in the market yesterday with spot NZUs setting at $4.40 on CommTrade. OMFinancial reports:
NZUs firm as selling dissipates
4 Sep 2014
Spot NZUs are looking to surge higher as the market continues to climb and offers fall away. OMFinancial reports:
NZUs trade higher
3 Sep 2014
Spot NZUs traded higher yesterday, closing at $4.35 on 100k. OMFinancial reports:
Spot NZUs trade at $4
28 Aug 2014
Spot NZUs continued their rally yesterday with 50K trading at $4 and the market finishing $4 bid on CommTrade. OMFinancial reports:
NZUs bid up in thin trade
27 Aug 2014
Some action came into the spot NZU market yesterday lifting it out of its recent slumber. OMFinancial reports:
New Zealand carbon quiet; European carbon firm
25 Aug 2014
Trading in spot NZUs finished Friday on a very quiet note, at $3.80. OMFinancial reports:
Demand bound to increase
22 Aug 2014
A very quiet day yesterday for spot NZUs, with the market settling at $3.80 on CommTrade. OMFinancial reports:
Chances of tougher ETS increases increase as some Dirty Politics mud sticks
21 Aug 2014
The NZU market continues to drift on small volumes - last at $3.80. OMFinancial reports:
Market likely to remain quiet for a bit
19 Aug 2014
No change to spot NZUs yesterday, with the market settling at $3.82 on CommTrade. OMFinancial reports:
NZUs settle at $3.82
18 Aug 2014
The week ended quietly for NZUs on Friday with the market settling at $3.82 on CommTrade. OMFinancial reports:
NZUs trade down to $3.85
15 Aug 2014
A quiet day for spot NZUs with the market closing at $3.85 on CommTrade. OMFinancial reports:
NZUs trade down to $3.85
14 Aug 2014
A reasonable line of NZUs came through yesterday and sent the spot market to $3.85. OMFinancial reports:
Sellers staying away
13 Aug 2014
The NZU market remains quiet, with virtually no trading occurring. OMFinancial reports:
It's buying time again
4 Aug 2014
Market activity picked up a little on Friday, with selling by a collective of small Post-1989 owners hitting the bid at $3.90. OMFinancial reports:
NZU prices down again
1 Aug 2014
Spot NZUs sold down to $3.90 on decent volume – circa 50K. OMFinancial reports
NZU prices down again
1 Aug 2014
Spot NZUs sold down to $3.90 on decent volume – circa 50K. OMFinancial reports:
NZU action around $3.90
31 Jul 2014
The price for spot NZUs finished at $3.97 on CommTrade yesterday, with some action in the market around the $3.90 level. OMFinancial reports:
Little change on NZU market
30 Jul 2014
The price for Spot NZUs settled at $3.97 on CommTrade yesterday. OMFinancial reports:
Spot NZUs hold
29 Jul 2014
The week has started quietly with little trading in Spot NZUs. OMFinancial reports:
Tianjin carbon market volatile
28 Jul 2014
Spot NZUs closed at $4 on Friday on CommTrade; selling has dissipated to almost nothing. OMFinancial reports:
Quiet end to week
25 Jul 2014
The week ended quietly, with the overall market unchanged. OMFinancial reports:
$4 is the new $3
23 Jul 2014
There is fresh bidding coming into the market from several sources. OMFinancial reports
Speculators start to return to NZU market
22 Jul 2014
A quiet start to the week for NZUs, with spot trading at $4 on small volume. OMFinancial reports.
Spot NZUs at $3.95
21 Jul 2014
Spot NZUs closed at $3.95 on Friday with little traded. OMFinancial reports:
Local market quiet, but Europe firm
16 Jul 2014
The spot NZU market continues to drift with trading occurring around the $4 level. OMFinancial reports:
Small flurry on NZU market
15 Jul 2014
We saw some action yesterday in the market, with more than 100K of Spot NZUs trading around the $4 level. OMFinancial reports.
Market still quiet
14 Jul 2014
NZUs remain quiet; the market closed at $4.10 on Friday. OMFinancial reports
Little trading in NZUs
11 Jul 2014
NZUs are finishing the week unchanged, with little trading occurring. OMFinancial reports:
NZUs stuck
2 Jul 2014
Another quiet day yesterday for Spot NZUs as the market fixed at $4.17 on CommTrade. OMFinancial reports:
Good support for NZUs in $4 range
30 Jun 2014
Spot NZUs are steady, closing at $4.20 on light volume. OMFinancial reports:
Urban rewilding combats global biodiversity decline
Wed 28 May 2025
Media release | A new study led by the University of Sydney reveals how cities around the world are restoring wildlife to their former habitats in the face of ongoing urban sprawl.
US dairy farmers consider return on climate-smart milk
22 May 2025
The approach is just one of many dairy practices now considered “climate-smart” because they could cut production of climate-warming gases.
Greenwashing is rife in Australia, but could its days be numbered?
Wed 28 May 2025
COMMENT: Have you ever ticked the box to “fly carbon neutral”, had something delivered via “carbon-neutral shipping” or chosen to pay a bit extra to buy “carbon-neutral gas” from your energy retailer?
Help sustainable aviation fuels take off or delay targets, airlines warn EU
20 May 2025
Earmarked funding, risk-reduction tools, and simplified imports top Airlines for Europe’s wish list for the EU’s upcoming Sustainable Transport Investment Plan.
Govt's RMA overhaul sparks fears for nature and climate
Fri 30 May 2025
By Shannon Morris-Williams | The Government has opened public consultation on the biggest overhaul of environmental planning rules in New Zealand’s history, with critics warning it puts nature and climate at risk in favour of fast-tracked development and industry expansion.
Sustainability claims questioned as renewable diesel surges
14 May 2025
Critics are sceptical about industry claims of renewable diesel life-cycle greenhouse gas emission cuts and warn renewable diesel carbon releases will surge if sourcing is scaled up, triggering tropical deforestation as producers convert forests to energy crops, such as oil palm and soy.
Govt mulls status quo for ETS auction settings
Thu 29 May 2025
By Liz Kivi | The government has released its consultation on the Climate Change Commission’s latest advice on Emissions Trading Scheme auction settings and volumes, putting forward the option to ignore the commission’s advice to boost auction volumes from 2028-2030.
Pacific Island nations support China's Taiwan claims at high-profile foreign ministers' meeting
Fri 30 May 2025
Pacific nations have backed China's claim over Taiwan during a high-profile meeting, but have shied away from directly endorsing Beijing's push to "reunify" the democratically ruled island with the mainland.
Carbon price too low to fund carbon capture
20 May 2025
The government’s climate target to 2030 is at risk, after revelations that a carbon capture project which the government was relying on to deliver one third of its carbon reductions, might not go ahead.
Fight over coal mine heats up
Fri 30 May 2025
Forest & Bird is calling on the government to create a new scientific reserve covering the Denniston Plateau on the West Coast, which would stop a fast-tracked coal mine.
Trump’s actions are already having consequences for climate, especially for the IPCC - expert
11 Apr 2025
Leading climate scientist, Dr Kevin Trenberth, left the US and came home to New Zealand because of the rise of Donald Trump. In this comment piece, he writes that he is appalled in multiple ways by the so-called “war on science” unfolding through staff cuts and the president’s policy edicts.
Owning a green home could cut mortgage payback time by two years
9 May 2025
A green certified home plus a green mortgage and associated energy bill savings could save Kiwi families up to $98,800 over the course of their mortgage - the equivalent of being mortgage-free several years early, according to new research.
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.
Watts talks big on energy reform, but barriers persist
Thu 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.
Could ‘orange’ hydrogen be NZ’s key to net-zero?
Fri 30 May 2025
By Liz Kivi | New Zealand could be sitting on resources for a thriving multi-billion-dollar, low-carbon hydrogen economy, which might even be capable of creating a net reduction of carbon dioxide, according to scientists.
Govt budgets $200m for would-be gas investors
23 May 2025
By Liz Kivi | Energy Resources Aotearoa has welcomed the government's plan to co-invest $200 million in fossil gas expansion, while environmental and climate groups have reacted with horror.
Glacier collapse buries most of Swiss village
Fri 30 May 2025
The Swiss village of Blatten has been partially destroyed after a huge chunk of glacier crashed down into the valley.
Oceans Commission must have teeth – minister
14 May 2025
If an Oceans Commission were to be established under the government it would need genuine powers to make change, says Minister for Oceans and Fisheries Shane Jones.
Water crisis on the horizon?
26 May 2025
Media release | Sewage contaminating Auckland oyster farms highlights the “dire state” of water infrastructure in Aotearoa, says University of Auckland Associate Professor Daniel Hikuroa.
Why expensive gas – not net-zero – is keeping UK electricity prices so high
Wed 28 May 2025
The UK’s high electricity prices have become intensely political, with competing claims over the cause of rocketing bills and how best to get them down.
Hotter and deeper: how NZ’s plan to drill for ‘supercritical’ geothermal energy holds promise and risk
2 Apr 2025
By David Dempsey, University of Canterbury | New Zealand’s North Island features a number of geothermal systems, several of which are used to generate some 1,000 MegaWatts of electricity. But deeper down there may be even more potential.
Electrification challenge for politicians, regulators
Tue 27 May 2025
Rewiring Aotearoa is calling for stronger political leadership to bring its vision of a cheaper, cleaner and stronger energy system to life, with the launch of its policy manifesto today.
Nelson backs ‘ambitious’ emissions target, but mayor nervous
26 May 2025
By Max Frethey, Local Democracy Reporter | Nelson’s mayor has been accused of “pouring cold water” on ambitious greenhouse gas emission targets proposed for the city.
Energy Australia is in court accused of greenwashing. What is the case about and why is it significant?
16 May 2025
Climate group alleges energy giant misled 400,000 customers about ‘Go Neutral’ product, arguing that carbon credits don’t actually remove emissions.
Methanex closure comes early this year
14 May 2025
The almost-now-annual closure of Methanex has come earlier this year, giving more confidence that the electricity system will get through the winter without a fuel shortfall.
While govt ‘refreshes’ fund for low carbon trucks, are transport emissions set to accelerate?
Wed 28 May 2025
By Liz Kivi | The government has announced it is updating the Low Emissions Heavy Vehicle Fund, however cuts to funds to decarbonise transport in last week’s budget, and potential changes to road user charges, could stall transport emissions reductions.
Climate change could drive surge in foreclosures and lender losses, new study finds
22 May 2025
Extreme weather linked to climate change could spell financial ruin for many American homeowners and lead to billions in losses for lenders, a new study finds.
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.
Energy Australia apologises to 400,000 customers and settles greenwashing legal action
22 May 2025
Energy retailer says carbon offsetting ‘not the most effective way’ to reduce emissions.
Kiwi cleantech companies on the world stage
Tue 27 May 2025
Six New Zealand 'cleantech' companies were in Singapore earlier this month, along with a venture capital firm and the MacDiarmid Institute, to meet investors and multinational partners.
Carbon News launches price index
24 Jun 2024
Today’s issue is the first to feature Carbon News’ own carbon price index for secondary market spot prices for NZUs on New Zealand’s compliance market.
New research reveals NZ’s natural resource footprint
Thu 29 May 2025
Media release | New research from the office of the Parliamentary Commissioner for the Environment reveals that about 107 million tonnes of natural resources were required to produce the goods and services consumed by New Zealanders in 2019 – approximately 21 tonnes per person on average.
World’s nations to gather in France to tackle what UN says is a global emergency in the oceans
Fri 30 May 2025
The world’s nations are gathering in France next month to tackle what the United Nations calls a global emergency facing the world’s oceans as they confront rising temperatures, plastic pollution choking marine life, and relentless overexploitation of fish and other resources.
Europe’s next climate target may already have been agreed in Berlin
Wed 28 May 2025
Germany’s new coalition has adopted a climate stance shaped by talks with the EU’s top climate official, signalling where the bloc may land on a likely upcoming 2040 emissions target.
Warm water affecting Antarctica’s largest ice shelf - new research
22 Apr 2025
While Antarctica’s Ross Ice Shelf is currently stable, new research shows warm water is reaching up to 170 kilometres under the front of the ice shelf.
NZ's first chance in 20 years to catch up on waste
Fri 30 May 2025
Media release | The government has announced proposals for updating the Waste Minimisation Act and the Litter Act. For the first time in nearly 20 years, Kiwis have a chance to catch up with other countries to reduce our waste and litter.
Dismissals 'massive win' for climate movement
13 May 2025
The outstanding charges against 25 climate activists who disrupted traffic in Wellington have been dropped, a move the group calls a win for the climate movement.
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.
For the first time, China invests more in wind and solar than coal overseas
Thu 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.
A fungus that can ‘eat you from the inside out’ could spread as the world heats up
Tue 27 May 2025
Infection-causing fungi responsible for millions of deaths a year will spread significantly to new regions as the planet heats up, new research predicts — and the world is not prepared.
Green budget 'ludicrous la-la land' – govt
15 May 2025
Prime Minister Christopher Luxon said the budget was "clown show economics" and an "absolute circus".
United Nations carbon market rules agreed but concerns remain
25 Nov 2024
New carbon market rules agreed at the fractious UN climate summit will be a relief to New Zealand and Singapore, who were leading the negotiations, but concerns about greenwashing and disadvantaging nature-based solutions remain.
More than 1 in 4 cars sold globally in 2025 expected to be EV: IEA report
26 May 2025
According to the Global EV Outlook 2025 report from the International Energy Agency (IEA), 2025 is set to be big for EV sales. The report predicts that about one in four cars sold worldwide this year will be electric, despite overall market uncertainties.
Brazil seeks early deals on two stalled issues at Bonn climate talks
26 May 2025
Moving forward work on just transition and implementing recommendations from the Global Stocktake of climate progress are key priorities for upcoming UN negotiations.
Global sea levels rise spelling catastrophe for coastal towns and cities
14 May 2025
For around 2,000 years, global sea levels varied little. That changed in the 20th century. They started rising and have not stopped since — and the pace is accelerating.
Tropical forest loss hit new heights in 2024; fire a major driver in Latin America
23 May 2025
Tropical forest loss skyrocketed in 2024, with vast swaths of primary forest consumed by fire, according to new satellite data.
NZ moving too slowly to decarbonise – former commission chair
22 May 2025
By Liz Kivi | New Zealand's energy transition is too slow and too controlled by vested interests, according to former Climate Change Commission chair Rod Carr.
