Latest

NZ beef and sheep farmers to push for more carbon sinks in ETS

Published 10:07 on May 16, 2018  /  Last updated at 13:43 on May 21, 2018  /  Asia Pacific, New Zealand  /  No Comments

New Zealand’s industry association for sheep and beef farmers, a major source of GHG emissions, has pledged to go carbon neutral by mid-century but wants recognition for more carbon sinks if the sector is brought into the emissions trading scheme.

Read More
Latest

NZ Market: NZUs slip as buyers sit back

Published 11:00 on May 9, 2018  /  Last updated at 16:28 on May 9, 2018  /  Asia Pacific, New Zealand  /  No Comments

New Zealand carbon allowances saw their second consecutive day of losses on Wednesday as buyers took a breather after pushing prices up to near-record highs.

Read More
Latest

NZ Market: NZUs track record highs after bullish report

Published 09:23 on April 30, 2018  /  Last updated at 00:04 on May 1, 2018  /  Asia Pacific, New Zealand  /  No Comments

New Zealand carbon allowances closed just 5 cents below their all-time high on Monday as last week’s Productivity Commission report was seen bullish by some major market participants.

Read More
Latest

Productivity Commission backs agriculture in NZ ETS, urges ramped-up carbon price

Published 17:00 on April 26, 2018  /  Last updated at 18:23 on April 26, 2018  /  Asia Pacific, New Zealand  /  No Comments

New Zealand’s Productivity Commission on Friday urged the government to bring agriculture into the emissions trading scheme, and pave the way for carbon prices to grow almost tenfold over the next three decades in case new technologies are slow to emerge.

Read More
Latest

NZ Market: NZUs slide in quiet trade but remain near all-time highs

Published 10:43 on April 24, 2018  /  Last updated at 16:52 on April 24, 2018  /  Asia Pacific, New Zealand  /  No Comments

New Zealand carbon allowances fell 0.3% on Tuesday but still ended just 30 cents below the all-time highs hit in February, as overall market sentiment remains bullish.

Read More
Latest

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.

Read More
Latest

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.

Read More
Latest

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.

Read More
Latest

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.

Read More
Latest

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.

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