Topics tagged with 'NZ Market Report'
NZUs hit $4.10 on speculation of ETS changes
2 Dec 2013
Speculation on the future of the Emissions Trading Scheme is driving the market at present. OMFinancial reports:
NZUs hit $3.60 mark
29 Nov 2013
The spot market hit $3.60 yesterday as the slow march forward continues. OMFinancial reports:
NZUs trade higher, bid builds
28 Nov 2013
Spot NZUs traded at $3.50 yesterday with momentum building. OMFinancial reports:
NZUs continue slow march forward
27 Nov 2013
The spot NZU market finished at $3.45 yesterday as the slow grind upward continues. OMFinancial reports:
NZUs wax and wane
26 Nov 2013
Spot NZUs got paid on Monday with the market closing at $3.35, up 10 cents. OMFinancial reports:
NZUs continue to track higher
22 Nov 2013
Spot NZUs continued to track higher finishing yesterday at $3.32 on CommTrade. OMFinancial reports:
NZUs starting to move up again
21 Nov 2013
We saw buyers emerge yesterday, with spot NZUs trading at $3.18. OMFinancial reports:
Flurry on NZ market
20 Nov 2013
NZUs appeared to hammer out a base yesterday, with the main seller in the market paid out through the day at $3.15. OMFinancial reports:
Market quiet and consolidating
19 Nov 2013
A quiet market yesterday, although we have depth on tight quotes. OMFinancial reports:
Good market interest
18 Nov 2013
Friday saw a continuation of the activity in spot NZUs, with the market trading $3.15 on good volume. OMFinancial reports:
Buyers get interested
15 Nov 2013
The local market was sold down yesterday starting off at $3.25 and hitting $3.10 before closing $3.15 bid. OMFinacial reports:
Buy, bank, and hold....
13 Nov 2013
Despite the market having peeled off from the high $4s to the low $3s, we are not bearish. OMFinancial reports:
Stand-off in NZU market
12 Nov 2013
The NZU fixed at $3.50 yesterday on the back of some light trading at the close of the day. OMFinancial reports.
Hope from Europe
11 Nov 2013
The NZU market finished the week on a subdued note, as selling interest dries up for now. OMFinancial reports:
Market needs to get a move on
8 Nov 2013
The New Zealand carbon market was quiet yesterday with little in the way of NZU trading and fairly light in ERU trades. OMFinancial reports:
Market continues to decline
7 Nov 2013
The New Zealand carbon market continued its declines yesterday, with around 100,000 tonnes going though OMF at $3.45. OMFinancial reports:
Choppy market in Europe
5 Nov 2013
The market was very quiet yesterday, with very little interest from both the buy side and the sell side of the market to cross the spread. OMFinancial reports:
Pre-1990 forest owners back in the market for NZUs
1 Nov 2013
Spot NZUs fixed at $3.70 yesterday, with little change in the tone, OMFinancial reports.
Post-1989-ers leading the charge
30 Oct 2013
Spot NZUs are lower, but well bid and offered at current levels, OMFinancial reports.
Expect prices to grind this week
29 Oct 2013
The NZU spot market traded down to $3.70 on good volume Friday, OMFinancial reports.
Yes, Minister, prices will rise....
25 Oct 2013
A Ministry for the Environment report showing that New Zealand's emissions are set to rise 50 per cent by 2040 means net emissions are set to reach 90 million tonnes in 2040, while the Government is targeting 30 million tonnes by 2050.
Market quiet now below $4
24 Oct 2013
Spot NZUs held the $3.80 level yesterday, fixing at $3.82 on CommTrade. OMFinancial reports.
Cheap at these levels
22 Oct 2013
Spot NZUs closed at $3.90 yesterday on CommTrade, OMFinancial reports.
Don't sit back and wait for auction...
21 Oct 2013
Spot NZUs finished under $4 for the first time in six weeks, OMFinancial reports.
Back below $4
18 Oct 2013
NZUs edged under $4 yesterday, finishing the day at $3.95, OMFinancial reports.
Rally continues at home and abroad
17 Oct 2013
Good volume is trading through NZUs at present, with a bid at $4 soaking it up, OMFinancial reports.
Buyers ambivilent about NZUs
16 Oct 2013
Spot NZUs traded $4 on the close last night, OMFinancial reports.
Spot NZUs get active
15 Oct 2013
We saw some good two-way activity with spot NZUs yesterday, with buyers stepping in at $4.20 and to meet the fresh selling in the market, OMFinancial reports.
Large sellers absent from market
14 Oct 2013
NZUs finished closed at $4.25 on CommTrade on Friday, OMFinancial reports.
Why the Government might not auction units
11 Oct 2013
The Government has been very quiet on the whole auctioning process, and the market belives it's just a matter of time before it does auction enough NZUs to placate all buyers, says OMFinancial
Switching where the action is
10 Oct 2013
The local market continued to consolidate yesterday around the $4.20 mark, OMFinancial reports.
Flow of credits from small sellers
9 Oct 2013
The local market traded up to $4.30 yesterday on light volume, OMFinancial reports.
Chance to buy 'decent' volumes of NZUs
8 Oct 2013
NZUs traded at $4.20 yesterday, with some volume starting to appear on both sides, OMFinancial reports.
Still a good time to buy
7 Oct 2013
NZUs held the $4 level last week, finishing at $4.20, OMFinancial reports.
NZUs sell in the low $4 range
4 Oct 2013
The New Zealand NZU market continued to consolidate yesterday in the low $4.00 region. OMFinancial reports:
Europe shows where we're heading
3 Oct 2013
NZUs seem to have consolidated in the low-$4 region, and look to be setting a short-term base here, OMFinancial reports.
Market down on light volume
2 Oct 2013
Once again, the domestic NZU market was a little soft yesterday, due to the demand side of the market getting a little thin, OMFinancial reports.
Lack of motivation on domestic market
1 Oct 2013
It was a quiet day yesterday, with very little action in our domestic carbon markets, OMFinancial reports.
Small action in the market
30 Sep 2013
It was a quiet day on Friday, with some small action in spot NZUs and ERUs, OMFinancial reports.
Market watches and waits
27 Sep 2013
Spot NZUs consolidated yesterday at $4.50. OMFinancial reports:
Quiet day for market
25 Sep 2013
A quiet day for spot NZUs, and the market felt more offered than bid at current levels, OMFinancial reports.
Buy the dips
25 Sep 2013
Before even contemplating supply in the carbon market, you have to ask yourself this question: what is the purpose for having an ETS?
NZUs on a high
20 Sep 2013
Spot NZUs look to close the week at the high for the year. OMFinancial reports:
Market heads higher
13 Sep 2013
Nearly 100k of NZU spot traded at $4.00 yesterday as the market went from $4 offered to $4 bid. OMFinancial reports:
NZUs higher in light trading
6 Sep 2013
Spot NZUs closed higher yesterday as selling dissipated and the bid tone returned. OMFinancial reports:
Spot NZUs hold and forward curve tightens
30 Aug 2013
Spot NZUs closed at $4.50 yesterday; it was reasonably well bid at $4.50 and was given there on the close. OMFinancial reports:
Prices firming in Europe
23 Aug 2013
So much for our call the European market would correct; it has continued to firm.
Low volumes, but market buoyant
16 Aug 2013
European carbon remains buoyant ahead of a holiday across much of Europe today. OMFinancial reports:
Tairāwhiti needs proper Govt support to heal the land – not empty announcements for political optics
Tue 24 Feb 2026
OPINION: The Government’s answer to Tairāwhiti’s severe erosion crisis – that the region apply for modest, contestable funding rounds – while rejecting the region's own land transition business case, leaves our long-term resilience hanging in the balance, writes Manu Caddie.
Media round-up
Fri 20 Feb 2026
In our round-up of climate coverage in local media: 'Every tonne matters': The climate scientist who wants to give you hope; Minister says managed retreat is an option; and climate change is here – is New Zealand ready?
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.
Singapore sets first ever sustainable aviation fuel levy, as Southeast Asia’s fuel industry grows
17 Feb 2026
Flying in and out of Singapore, home to Southeast Asia’s busiest airport, will get slightly more expensive this year as the city state begins imposing a levy of between 75 cents to $32 per ticket to fund sustainable aviation fuel.
Greens slam move to disband Environment Ministry
Fri 20 Feb 2026
The Green Party has joined climate and health advocates in condemning the Government's decision to disestablish the Ministry for the Environment as part of a multi-ministry merger.
Govt’s own modelling shows LNG leads to higher electricity prices than other solutions
Thu 19 Feb 2026
By Christina Hood | COMMENT: According to modelling conducted by Concept Consulting for MBIE, either developing the Tariki gas storage facility or managing electricity demand would deliver lower wholesale electricity prices than the Government’s preferred solution of an LNG import terminal.
New study looks to nature markets to accelerate climate response
18 Feb 2026
The Nature Conservancy is teaming up with local groups to study the most affordable and effective ways of restoring native habitats at the top of the South Island, including ways to fund the work using international voluntary carbon markets and biodiversity credits.
Trump tariff reversal could cut costs for US energy firms but will likely leave broader flows unchanged
Tue 24 Feb 2026
The U.S. Supreme Court's Friday decision to strike down trade tariffs imposed by President Donald Trump last year may ease costs for some oil producers and drillers, but experts and analysts told Reuters that broader energy flows would likely remain unchanged for now.
Carbon price drops as volatility continues
17 Feb 2026
By Liz Kivi | The carbon market is still displaying extreme volatility, with prices dropping back to below $40 yesterday, after trading as high as $46.25 last week.
Government invests $200m towards Genesis Energy's $400m capital raise
Mon 23 Feb 2026
The Government has confirmed it will buy up to $200 million of new Genesis Energy shares as part of a capital raise announced by the company this morning.
LNG: a rational choice compared to unpalatable alternatives
10 Feb 2026
By Pattrick Smellie | COMMENT: By deciding to underwrite the private construction of a liquefied natural gas import facility in Taranaki, the Government has made a rational choice in favour of energy security and affordability.
Sustainable retail-office project breaks ground under new Green Star framework
Thu 19 Feb 2026
Construction is set to begin on a new retail-office development in central Auckland, which is targeting a 40% reduction in embodied carbon and 25% lower energy.
Opposition attacks Govt over fossil fuel phaseout backdown
2 Feb 2026
By Liz Kivi | Revelations that Resources Minister Shane Jones ruled out New Zealand signing up to a 'road map' away from fossil fuels at last year’s global climate summit show the National Party’s minor coalition partners’ undue influence over the Government, according to Labour leader Chris Hipkins.
Carbon market rallies but auction floor still out of reach
13 Feb 2026
By Liz Kivi | The carbon market has rallied, with secondary market prices up more than 25% in the past two weeks, although current prices in the mid-$40s are still far below this year’s $71 auction floor, with the first auction of 2026 less than three weeks away.
World’s largest A/C firm to open multi-million dollar NZ facility
Tue 24 Feb 2026
Media release: Daikin NZ | A multi-million-dollar Christchurch facility to be opened by the world’s largest air conditioning manufacturer will integrate upcycled climate-damaging refrigerant from end-of-life heat pumps into its operations, preventing it from entering the waste stream.
Environmental groups call for ETS reform
Fri 20 Feb 2026
Several environmental organisations are calling on political parties to make climate and biodiversity central to the 2026 election campaign, with reforming the Emissions Trading Scheme seen as a key priority.
Hipkins rejects LNG terminal, backs renewables
Tue 24 Feb 2026
By Shannon Morris-Williams | Labour leader Chris Hipkins used his State of the Nation address to warn that worsening extreme weather and rising energy costs show climate change is no longer a distant threat.
Transport dominates NZ’s rising consumer emissions
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.
Slash for cash turns storm debris into jobs and climate resilience
Thu 19 Feb 2026
A community-led initiative in Tairāwhiti is transforming storm-damaged forestry slash into jobs, soil regeneration and long-term climate resilience.
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.”
European Central Bank's green supervision grows teeth, but will banks avoid being bitten?
13 Feb 2026
After several years of issuing guidance and repeatedly calling on banks to take climate and environmental risk management seriously, the European Central Bank is moving from guidance and expectations to enforcement.
Green Member’s Bill aims to give whales legal ‘personhood’
9 Feb 2026
The Green Party wants to give whales legal rights, including the right to sue.
Claims that AI can help fix climate dismissed as greenwashing
18 Feb 2026
Tech companies are conflating traditional artificial intelligence with generative AI when claiming the energy-hungry technology could help avert climate breakdown, according to a report.
Govt missing opportunity to slash electricity prices, says expert
11 Feb 2026
By Liz Kivi | The Government’s fixation on eliminating the "dry-year risk margin" as a lever to reduce costs misses a much bigger opportunity to lower electricity prices, according to Christina Hood, head of Compass Climate.
Media round-up
13 Feb 2026
In our round-up of climate coverage in local media: Senior UK ministers have asked their New Zealand counterparts to explain new climate policies, National’s LNG blunders are a warning ahead of election campaign, and what are the lessons New Zealand should take from another summer of weather disasters?
Wales council to buy and demolish homes prone to flooding
4 Feb 2026
A row of homes in a village in south Wales is to be bought by a local authority and demolished as they can no longer be protected from flooding caused by the climate crisis.
Climate law change spanner in the works for Waitangi Tribunal Inquiry
19 Dec 2025
By Liz Kivi | The Government’s controversial changes to New Zealand’s legal framework for climate policy have thrown a spanner in the works for a long-running Waitangi Tribunal Inquiry into climate change.
Australian gas producer Santos wins court fight over net zero claims
18 Feb 2026
An Australian court on Tuesday threw out a lawsuit against gas producer Santos that alleged the company misled the public on its plans to achieve net zero carbon emissions.
Govt unveils plans for carbon storage regulations – and ETS rewards
18 Dec 2025
By Liz Kivi | The Government has released plans to regulate carbon capture and storage in natural geological formations, which include Emissions Trading Scheme incentives, with the aim of introducing related legislation in 2026.
Mining permits surge as Jones touts revival – gold prices loom large
Mon 23 Feb 2026
Resources Minister Shane Jones is claiming early signs of success in his bid to boost the mining sector, citing new NZ Petroleum & Minerals data showing a rise in mineral permit applications and decisions in 2025. Though how much is driven by policy change and how much by very high prices for gold and other minerals is difficult to decipher.
Partnership to advance Pacific science and environmental leadership
Thu 19 Feb 2026
Media release | Waipapa Taumata Rau, University of Auckland, and the Secretariat of the Pacific Regional Environment Programme have signed a Memorandum of Understanding (MoU) to strengthen collaboration in Pacific-led science, research and capacity-building, with a strong focus on environmental sustainability and ocean stewardship.
Calls for action to reduce emissions as extreme weather bites
17 Feb 2026
By Liz Kivi | Renewable energy advocates and environmental groups are calling for more action to reduce emissions and increase resilience as severe weather wreaks havoc across the country.
Australia-US minerals deal underpinned decision to allow mining company to clear threatened indigenous forest
Mon 23 Feb 2026
The Australian government’s decision to allow the US mining giant Alcoa to continue clearing swathes of Western Australian jarrah forest despite past illegal clearing practices was made in part due to a critical minerals deal reached between Australia and the Trump administration last year, a new document shows.
‘They pushed so many lies about recycling’: the fight to stop big oil pumping billions more into plastics
Tue 24 Feb 2026
Plastic production has doubled over the last 20 years – and will likely double again. For author Beth Gardiner, metal water bottles and canvas tote bags are not the solution. So what is?
Environmental groups boycott Bluegreens forum
Tue 24 Feb 2026
National’s Bluegreens forum in Wellington doubled as a small but telling election-year rehearsal: a bid to reclaim “moderate green” territory while parts of the environmental NGO ecosystem conspicuously stayed away.
78% of NZers want bottom trawling banned as Govt pushes to catch more coral in South Pacific
17 Feb 2026
Media release | New polling shows overwhelming support from New Zealanders for a ban on bottom trawling in the South Pacific high seas, says Greenpeace.
Brazil and India agree to boost cooperation on rare earths
Tue 24 Feb 2026
Brazil and India sealed a deal Saturday on critical minerals and rare earths, enhancing cooperation on crucial resources between two major countries of the global south as they seek to diversify their trading relationships.
Antarctic sediment core reveals past ice sheet retreat during warmer climates
18 Feb 2026
A record-breaking sediment core drilled from beneath the West Antarctic Ice Sheet is giving scientists new insight into how the ice sheet responded to warmer climates in the past — and what that could mean for future sea-level rise.
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.
NZ-UAE partnership boosts advanced tech
9 Feb 2026
Media release | A new Antarctic science partnership with a leading UAE university will grow New Zealand’s advanced engineering and modelling capability, supporting high-value jobs, encouraging economic growth, and enabling smarter climate risk management, Science, Innovation and Technology Minister Dr Shane Reti says.
Pacific climate response in question as NZ finance remains unclear
19 Dec 2025
By Shannon Morris-Williams | With New Zealand's $1.3 billion international climate finance commitment set to end with no clarity on what follows, the Auditor-General says oversight of that funding remains patchy and long-term outcomes are unclear.
NZ’s EV uptake decelerates
Mon 23 Feb 2026
By Liz Kivi | New Zealand’s EV uptake is lagging behind other countries, with a huge drop in EV sales since 2023 bucking international trends, at the same time the Government contemplates abolishing its standard for clean cars entirely.
Lawyers seek answers on climate impacts of LNG import facility
13 Feb 2026
By Shannon Morris-Williams | Lawyers for Climate Action has written to Climate Change and Energy Minister Simon Watts warning that the Government's plan for an LNG import terminal could be in conflict with New Zealand’s climate obligations and emissions reduction targets.
Infrastructure plan calls for ‘predictable approach’ to electrifying economy
18 Feb 2026
Aotearoa’s first National Infrastructure Plan, introduced to Parliament yesterday, calls for "a predictable approach to electrifying the economy" as one of ten priorities for the next decade.
New research on climate adaptation as severe weather hits
16 Feb 2026
As extreme weather batters the country yet again, researchers have published the first ever empirical study of climate adaptation justice in Aotearoa New Zealand.
Study finds warming world increases days when weather is prone to fires around the globe
Fri 20 Feb 2026
The number of days when the weather gets hot, dry and windy — ideal to spark extreme wildfires — has nearly tripled in the past 45 years across the globe, with the trend increasing even higher in the Americas, a new study shows.
India and UK launch offshore wind taskforce
Mon 23 Feb 2026
Constituted under Vision 2035 and the Fourth India-UK Energy Dialogue, the Taskforce is designed to provide strategic leadership and coordination for India’s nascent offshore wind ecosystem.
