Latest

NZ Market: NZUs edge up from 6-mth lows as buyers take advantage

Published 10:52 on June 19, 2018  /  Last updated at 10:52 on June 19, 2018  /  Asia Pacific, New Zealand  /  No Comments

New Zealand carbon allowances edged up from 6-month lows on Tuesday as some buyers stepped in to take advantage of the bargain prices.

Read More
Latest

New Zealand opposition backs non-political body to oversee climate strategy, ETS

Published 09:41 on June 15, 2018  /  Last updated at 09:41 on June 15, 2018  /  Asia Pacific, New Zealand  /  No Comments

New Zealand’s opposition leader on Friday backed the establishment of a climate change commission, brightening the outlook for a non-partisan body to set up national carbon budgets and oversee the emissions trading scheme.

Read More
Latest

New Zealand moves to plug ETS deforestation loophole

Published 07:26 on June 8, 2018  /  Last updated at 07:26 on June 8, 2018  /  Asia Pacific, New Zealand  /  No Comments

New Zealand on Friday issued a public consultation paper aimed at improving the emissions trading scheme’s workability for forest-owners, plugging a loophole that has inadvertently encouraged foresters to avoid replanting for four years after harvest.

Read More
Latest

New Zealand begins consultation on zero-emission plan

Published 09:58 on June 7, 2018  /  Last updated at 18:40 on June 7, 2018  /  Asia Pacific, New Zealand  /  No Comments

New Zealand on Thursday launched a public consultation on how to achieve its ambition of net zero emissions by 2050, but revealed that the target might cover less than half of the country’s total GHG output.

Read More
Latest

NZ Market: NZUs fall to 6-month low in quiet trade as govt issues over 3 mln allowances

Published 10:02 on June 5, 2018  /  Last updated at 11:19 on June 5, 2018  /  Asia Pacific, New Zealand  /  No Comments

NZUs recorded their lowest levels of 2018 on Tuesday as demand remained muted, while government data showed over 3 million permits have been issued to forest-owners over the past two weeks.

Read More
Latest

NZ Market: NZUs dip below NZ$21 as compliance deadline poses few problems

Published 09:12 on May 31, 2018  /  Last updated at 09:12 on May 31, 2018  /  Asia Pacific, New Zealand  /  No Comments

New Zealand carbon allowances dropped below the NZ$21 mark on Thursday, the deadline for emitters to surrender permits for their 2017 output, as the historic surplus of millions of NZUs meant few participants had any issues meeting their targets.

Read More
Latest

NZ Market: NZUs slump to 2-mth lows as fresh supply outweighs demand

Published 10:48 on May 25, 2018  /  Last updated at 17:12 on May 25, 2018  /  Asia Pacific, New Zealand  /  No Comments

New Zealand CO2 prices fell to their lowest since late March on Friday, as small clips of recently-issued NZUs offered by forest-owners was more than sufficient to saturate the modest demand.

Read More
Latest

NZ Market: NZUs drop to 7-week low in slow trade

Published 10:11 on May 24, 2018  /  Last updated at 18:34 on May 24, 2018  /  Asia Pacific, New Zealand  /  No Comments

New Zealand carbon allowances have dropped to their lowest level since early April amid a lack of significant demand ahead of next week’s compliance deadline.

Read More
Latest

Future of global carbon markets rests on China success -survey

Published 10:00 on May 22, 2018  /  Last updated at 09:03 on May 22, 2018  /  Africa, Americas, Asia Pacific, Australia, Aviation, Canada, China, China's National ETS, Climate Talks, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, South & Central, South Korea, US, Voluntary Market  /  No Comments

The future of emissions trading globally rests on whether China’s carbon market is deemed a success by the international community.

Read More
Latest

New Zealand to set up NZ$100m Green Investment Fund

Published 09:52 on May 17, 2018  /  Last updated at 18:02 on May 17, 2018  /  Asia Pacific, New Zealand  /  No Comments

New Zealand’s coalition government on Thursday announced its 2018 budget, which included plans for a NZ$100-million ($69 mln) Green Investment Fund as well as additional funding to establish the Climate Change Commission advisory, carry out ETS amendments and prepare for internationally-linked carbon markets.

Read More

We use cookies to improve your website experience and to analyse our traffic. We also share non-personally identifiable information about your use of our site with our analytics partners. By continuing to use our site, you agree to this. More information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close