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NZ Market: NZUs rangebound amid lack of compliance demand

Published 08:06 on April 28, 2017  /  Last updated at 08:06 on April 28, 2017  /  Asia Pacific, New Zealand  /  No Comments

New Zealand carbon permits have traded in low volumes within a tight range all week as a lack of demand ahead of next month’s compliance deadline has left the market void of momentum.

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Native forests offer offset option for New Zealand emitters -report

Published 08:59 on April 24, 2017  /  Last updated at 08:59 on April 24, 2017  /  Asia Pacific, New Zealand  /  No Comments

Regenerating or planting new native forest can offer a cost-effective option for New Zealand emitters to meet their CO2 targets in future as domestic and international carbon prices are set to increase, a report has found.

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South Korea, New Zealand open talks on joint carbon markets

Published 08:41 on April 13, 2017  /  Last updated at 16:14 on April 13, 2017  /  Asia Pacific, New Zealand, South Korea  /  No Comments

South Korea and New Zealand have formed an Environmental Committee to discuss the development of emissions trading markets in the Asia-Pacific region, NZ Climate Change Minister Paula Bennett said Thursday.

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NZ Market: NZUs slip from 3-week high amid weakening demand

Published 09:40 on April 12, 2017  /  Last updated at 23:46 on April 12, 2017  /  Asia Pacific, New Zealand  /  No Comments

New Zealand carbon allowances fell for the fourth consecutive session on Wednesday as buyers stepped away, failing to prop up last week’s gains.

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NZ Market: NZUs notch fifth straight day of gains as demand stays firm

Published 11:07 on April 5, 2017  /  Last updated at 11:07 on April 5, 2017  /  Asia Pacific, New Zealand  /  No Comments

New Zealand carbon allowances climbed nearly 1% on Wednesday to reach a three-week high amid continued healthy demand, though observers expect any further moves from current levels to be more gradual.

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NZ Market: New Zealand carbon pushes up as focus returns to trade

Published 09:29 on April 3, 2017  /  Last updated at 20:50 on April 3, 2017  /  Asia Pacific, New Zealand  /  No Comments

New Zealand carbon traders pushed prices up to a 3-week high on Monday, switching their focus back to the market after spending a couple of weeks finalising annual emission reports.

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China, New Zealand to strengthen cooperation on carbon markets, seek links

Published 09:18 on March 27, 2017  /  Last updated at 13:19 on March 27, 2017  /  Asia Pacific, China, China's National ETS, New Zealand  /  No Comments

China and New Zealand on Monday signed a joint climate action plan that includes cooperating closely on carbon markets, a move that could eventually lead to linking of Asia-Pacific emissions trading schemes.

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NZ Market: New Zealand carbon falls 4% to extend losses as buyers wait

Published 09:37 on March 21, 2017  /  Last updated at 11:56 on March 21, 2017  /  Asia Pacific, New Zealand  /  No Comments

New Zealand carbon allowances have continued their decline over the past week and are threatening to drop into the NZ$16s as well-stocked emitters see little reason to push up prices with significant policy changes potentially around the corner.

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OECD proposes New Zealand ETS reforms to boost carbon price

Published 09:22 on March 21, 2017  /  Last updated at 11:39 on March 21, 2017  /  Asia Pacific, New Zealand  /  No Comments

New Zealand should bring agriculture into its emissions trading scheme and reform the market to make it more efficient in halting the country’s rising greenhouse gas output, the OECD said Tuesday.

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New Zealand needs much higher CO2 price to go carbon neutral -report

Published 13:01 on March 20, 2017  /  Last updated at 21:53 on March 20, 2017  /  Asia Pacific, New Zealand  /  No Comments

New Zealand carbon prices might have to increase six-fold by 2050 if the country is to achieve carbon neutrality, a report said Tuesday.

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