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NZ Market: New Zealand carbon permits barge through NZ$20 barrier

Published 09:43 on December 6, 2017  /  Last updated at 18:49 on December 6, 2017  /  Asia Pacific, New Zealand  /  No Comments

After a week of pushing against the NZ$20 threshold, New Zealand carbon permits on Wednesday finally broke above that resistance level, rising 2.2% to close at their highest levels since May 17, 2011.

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NZ Market: NZUs come off highs as buyers hesitate

Published 10:31 on December 4, 2017  /  Last updated at 10:31 on December 4, 2017  /  Asia Pacific, New Zealand  /  No Comments

New Zealand carbon allowances were knocked down 1.25% on Monday as buyers continued to hesitate stepping above the NZ$20 threshold.

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NZ Market: NZUs notch fourth straight day of gains to push against NZ$20 barrier

Published 09:42 on December 1, 2017  /  Last updated at 18:03 on December 1, 2017  /  Asia Pacific, New Zealand  /  No Comments

New Zealand emissions permits recorded fresh gains on Friday as modest supply continued to push bids north.

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NZ minister sets sights on carbon price above NZ$25

Published 09:47 on November 30, 2017  /  Last updated at 14:00 on November 30, 2017  /  Asia Pacific, New Zealand  /  No Comments

New Zealand’s carbon price needs to be above NZ$25 ($17.11), the nation’s climate change minister said Thursday, further fuelling the upwards trend in the country’s emissions trading scheme.

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NZ Market: NZUs climb to fresh highs as buyers take plunge

Published 09:28 on November 29, 2017  /  Last updated at 09:28 on November 29, 2017  /  Asia Pacific, New Zealand  /  No Comments

New Zealand carbon allowances rose 2.3% in Wednesday trade to hit a fresh 6.5-year high after buyers were finally tempted to push towards the NZ$20 barrier.

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NZ Market: NZUs resume upward trajectory after 3-week breather

Published 13:35 on November 28, 2017  /  Last updated at 18:13 on November 28, 2017  /  Asia Pacific, New Zealand  /  No Comments

New Zealand carbon permits on Tuesday made fresh post-election gains following a rangebound three weeks, as traders await clearer signals from the new government.

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Air New Zealand works with NZ government on new forest carbon fund

Published 10:16 on November 27, 2017  /  Last updated at 12:43 on November 27, 2017  /  Asia Pacific, Aviation, International, New Zealand  /  No Comments

Air New Zealand is working with the NZ government to assess setting up a new fund to drive investment in forest planting that would cut greenhouse gas emissions and generate carbon units.

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CP Daily: COP23 Special

Published 13:17 on November 20, 2017  /  Last updated at 14:35 on November 20, 2017  /  Africa, Americas, Asia Pacific, Aviation, Canada, Carbon Taxes, China, Climate Talks, EMEA, International, Japan, Kyoto Mechanisms, New Market Mechanisms, New Zealand, Newsletter, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

UN climate talks held in Bonn, Germany from Nov. 6-17 made modest progress on a number of technical issues including rules underpinning global carbon trading under the Paris Agreement, but a great deal of work remains ahead of next year’s deadline to complete the 2015 pact’s rule book.

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COP23: ETS links slink back on Asia Pacific countries’ priority list

Published 17:52 on November 13, 2017  /  Last updated at 21:21 on November 13, 2017  /  Asia Pacific, China, China's National ETS, Japan, New Zealand, South Korea  /  No Comments

Linking emerging Asian Pacific emissions trading markets is slowly dropping down the list of priorities for regional climate policy officials, even as the need to cooperate in developing markets increases.

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NZ minister hints at reducing reliance on international carbon credits

Published 09:22 on November 9, 2017  /  Last updated at 12:22 on November 9, 2017  /  Asia Pacific, China, Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, New Zealand, South Korea  /  No Comments

New Zealand looks set to scale down its plans to buy foreign carbon credits to meet its Paris target after Climate Change Minister James Shaw on Thursday said the government would look to do more to cut domestic emissions.

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