NZ’s ruling National Party takes most votes in election stalemate, dashing hopes of radical ETS reform
New Zealand’s parliamentary election ended in stalemate on Saturday, with the ruling National Party taking 46% of votes to top Labour and kill their plan to radically reform the country’s carbon market.
Read MoreVoluntary carbon market data from CTX for Sep. 22, 2017
A table of Verified Emission Reduction (VER) prices and offered volumes, based on voluntary market data provided by CTX.
Read MoreExpanding into land use, the climate finance vehicle that Trump might just want to keep
A climate investment vehicle partly funded by rich nations including the US this week agreed its third round of funding for innovative finance instruments, expanding into previously under-served areas such as cattle ranching and cloud forests.
Read MoreNZ Market: NZUs extend losses ahead of Saturday election
New Zealand carbon allowances fell another 10 cents on Thursday as uncertainty continues to reign about the prospects for the market after this weekend’s elections.
Read MoreNZ Market: NZUs drop to 3-wk low as traders exercise caution ahead of close election
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 MoreNo benefit in ditching NZ ETS for carbon tax, MPs told
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 MoreALLCOT’s Voluntary Carbon Market Report – September 2017
After the summer break, activity is beginning to pick up again in the voluntary market, sources report.
Read MoreAustralian forest project earns 356k carbon credits
A Queensland-based forest regeneration project has been awarded nearly 356,000 carbon credits in one of Australia’s biggest single offset issuances this year.
Read MoreVoluntary carbon market data from CTX for Sep. 15, 2017
A table of Verified Emission Reduction (VER) prices and offered volumes, based on voluntary market data provided by CTX.
Read MoreUN launches tender to buy 170k CERs
The UN has launched a tender to buy a total 170,200 CERs, including those from projects in LDCs, Argentina and Colombia, as well as from initiatives with co-benefits for women.
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