Latest

NZ Market: NZUs drop to 3-wk low as traders exercise caution ahead of close election

Published 11:11 on September 19, 2017  /  Last updated at 11:11 on September 19, 2017  /  Asia Pacific, New Zealand  /  No Comments

New Zealand carbon allowances fell 10 cents on Tuesday to close at a three-week low as traders have grown somewhat cautious over the outcome of the upcoming election.

Read More
Latest

No benefit in ditching NZ ETS for carbon tax, MPs told

Published 10:40 on September 19, 2017  /  Last updated at 10:40 on September 19, 2017  /  Asia Pacific, Carbon Taxes, New Zealand  /  No Comments

Scrapping the New Zealand emissions trading scheme in favour of a carbon tax would still leave the nation’s GHG reduction achievements dependant on political will, while possibly delaying those cuts and damaging government credibility, a group of MPs have been told.

Read More
Latest

NZ Market: NZUs soften as election outcome becomes hard to call

Published 10:36 on September 14, 2017  /  Last updated at 20:31 on September 14, 2017  /  Asia Pacific, New Zealand  /  No Comments

New Zealand carbon permits closed slightly weaker on Thursday as next week’s hard-to-call election has injected some caution into the market.

Read More
Latest

NZ Market: NZUs climb back to year-highs as momentum picks up

Published 12:25 on September 11, 2017  /  Last updated at 18:32 on September 11, 2017  /  Asia Pacific, New Zealand  /  No Comments

New Zealand carbon allowances on Monday rose 10 cents, climbing back towards their highest levels of 2017 seen earlier this month, as bullish sentiment lingers ahead of the general election.

Read More
Latest

Poll-leading NZ Labour would ease agriculture into ETS, softening impact

Published 09:45 on September 8, 2017  /  Last updated at 17:58 on September 8, 2017  /  Asia Pacific, New Zealand  /  No Comments

The New Zealand Labour party, which is pulling further ahead in election polls, said it would hand out almost all of agriculture’s carbon permits for free initially, likely dampening the impact of bringing the nation’s biggest-emitting sector into the ETS.

Read More
Latest

NZ Market: NZUs see second day of minor losses

Published 10:33 on September 6, 2017  /  Last updated at 17:46 on September 6, 2017  /  Asia Pacific, New Zealand  /  No Comments

New Zealand carbon allowances edged south again on Wednesday as some sellers might be seeking to lock in profits, but prices remained near recent year-high levels.

Read More
Latest

NZ Market: NZUs see minor correction, but bullish sentiment lingers

Published 10:22 on September 5, 2017  /  Last updated at 22:03 on September 5, 2017  /  Asia Pacific, New Zealand  /  No Comments

After more than three weeks of steady gains, New Zealand carbon permits softened slightly on Tuesday as observers said a correction might be due, albeit only a minor one.

Read More
Latest

NZ Market: NZUs extend highs on latest election polls, though risks remain

Published 11:33 on September 1, 2017  /  Last updated at 19:34 on September 1, 2017  /  Asia Pacific, New Zealand  /  No Comments

Allowances in New Zealand’s emissions trading scheme rose 10 cents on Friday as new polls put the opposition Labour party ahead of the ruling National party for the first time in 12 years.

Read More
Latest

NZ Market: NZUs climb higher as buyers “spooked” over Labour rally

Published 09:53 on August 31, 2017  /  Last updated at 11:04 on August 31, 2017  /  Asia Pacific, New Zealand  /  No Comments

New Zealand carbon allowances edged up again on Thursday to hit a fresh high for 2017 as buyers continued to react bullishly to the close election race.

Read More
Latest

NZ Market: NZUs jump to 9-mth high on election-driven demand

Published 09:45 on August 29, 2017  /  Last updated at 22:51 on August 30, 2017  /  Asia Pacific, New Zealand  /  No Comments

New Zealand carbon allowances gained another 10 cents on Tuesday to hit their highest levels since last November, with uncertainty around the upcoming election continuing to drive demand.

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