Topics tagged with 'NZ Market Report'
Little interest from sellers
8 Oct 2014
Spot NZUs remain quiet, closing at $4.35 on CommTrade yesterday. OMFinancial reports:
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:
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.
