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NZ names experts to assess whether agriculture should be brought into ETS

Published 09:54 on April 17, 2018  /  Last updated at 19:41 on April 17, 2018  /  Asia Pacific, New Zealand  /  No Comments

New Zealand on Tuesday established its Interim Climate Change Committee, which will explore whether and how to bring agriculture into the nation’s emissions trading scheme.

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NZ ‘walking the talk’ with oil ban, but on uncertain path to zero emissions

Published 08:56 on April 12, 2018  /  Last updated at 08:56 on April 12, 2018  /  Asia Pacific, New Zealand  /  No Comments

New Zealand’s government on Thursday moved to burnish its environmental credentials by announcing a ban on all new offshore oil and gas exploration permits in a bid to reduce carbon emissions.

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NZ Market: NZUs climb to 6-wk high on healthy demand

Published 10:32 on April 6, 2018  /  Last updated at 10:32 on April 6, 2018  /  Asia Pacific, New Zealand  /  No Comments

New Zealand carbon allowances notched a third consecutive day of gains on Friday, climbing to a 6-week high amid steady demand while sellers were few and far between.

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Bank Westpac backs bringing agriculture into NZ ETS to cut long-term costs

Published 09:44 on April 4, 2018  /  Last updated at 23:11 on April 4, 2018  /  Asia Pacific, New Zealand  /  No Comments

New Zealand can save NZ$30 billion through 2050 and cut mid-century carbon prices by half if it launches a broad climate policy that includes agriculture in the ETS, according to bank Westpac.

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Major NZ forestry manager puts NZU-holding pine forests up for sale

Published 09:47 on April 2, 2018  /  Last updated at 02:51 on April 4, 2018  /  Asia Pacific, New Zealand  /  No Comments

Forestry management firm PF Olsen has put up for sale a portfolio of eight forests, of which several have opted into the New Zealand emissions trading scheme.

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NZ Market: NZUs climb to 4-week high as deadline passes for emission reports

Published 09:25 on March 29, 2018  /  Last updated at 13:18 on March 29, 2018  /  Asia Pacific, New Zealand  /  No Comments

New Zealand carbon allowance prices rose 10 cents to their highest since Mar. 1 on Thursday, the deadline day for emitters to report their 2017 GHG output.

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NZ Market: Trading range tightens as NZ carbon market cools down

Published 09:37 on March 22, 2018  /  Last updated at 22:29 on March 22, 2018  /  Asia Pacific, New Zealand  /  No Comments

New Zealand carbon allowances on Thursday traded within a tight 5-cent range for the eighth consecutive session in a petering out of months of bullish sentiment following the change in government.

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New Zealand watchdog wants ETS decisions to stay with government

Published 08:03 on March 7, 2018  /  Last updated at 00:46 on March 8, 2018  /  Asia Pacific, New Zealand  /  No Comments

Decision-making power over New Zealand’s ETS should remain with elected officials, the nation’s new Parliamentary Commissioner for the Environment said in a report Wednesday, putting him at odds with a government keen to take the scheme out of politicians’ hands.

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New Zealand plans ETS opt-in option for farmers -minister

Published 10:13 on March 6, 2018  /  Last updated at 19:01 on March 6, 2018  /  Asia Pacific, New Zealand  /  No Comments

New Zealand will allow farmers to opt in to the nation’s emissions trading scheme to reap benefits from any greenhouse gas emission reductions they achieve, Environment Minister David Parker said, according to local media.

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SAVE THE DATE: Carbon Forward 2018 – Survive and thrive in the global carbon markets

Published 17:18 on March 2, 2018  /  Last updated at 17:18 on March 2, 2018  /  Africa, Americas, Asia Pacific, Australia, Aviation, Bavardage, Canada, Carbon Taxes, China, China's National ETS, China's Offset Market, China's Pilot Markets, Climate Talks, Conversations, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Newsletter, Other APAC, REDD, Shipping, South & Central, South Korea, Switzerland, US, Views, Voluntary Market  /  No Comments

Don’t miss the 3rd annual Carbon Forward conference and training day. Spend two days with top experts, players, and decision-makers from the global carbon markets as they address today’s most attractive opportunities and pressing challenges. And join us for the EU ETS pre-conference training day organised by carbon market experts Redshaw Advisors, where you will learn how to effectively manage your carbon risk ahead of the looming overhaul of the bloc’s emissions trading scheme.

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