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NZ’s ruling National Party takes most votes in election stalemate, dashing hopes of radical ETS reform

Published 20:10 on September 23, 2017  /  Last updated at 09:56 on September 25, 2017  /  Asia Pacific, New Zealand  /  No Comments

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.

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Voluntary carbon market data from CTX for Sep. 22, 2017

Published 19:36 on September 22, 2017  /  Last updated at 20:36 on September 22, 2017  /  Africa, Americas, Asia Pacific, Australia, EMEA, International, Mexico, Middle East, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

A table of Verified Emission Reduction (VER) prices and offered volumes, based on voluntary market data provided by CTX.

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Expanding into land use, the climate finance vehicle that Trump might just want to keep

Published 14:39 on September 22, 2017  /  Last updated at 14:39 on September 22, 2017  /  Americas, Asia Pacific, Climate Talks, EMEA, International, South & Central  /  No Comments

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.

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NZ Market: NZUs extend losses ahead of Saturday election

Published 10:13 on September 21, 2017  /  Last updated at 14:27 on September 21, 2017  /  Asia Pacific, New Zealand  /  No Comments

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.

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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.

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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.

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ALLCOT’s Voluntary Carbon Market Report – September 2017

Published 18:50 on September 18, 2017  /  Last updated at 11:37 on September 19, 2017  /  Africa, Americas, Asia Pacific, Conversations, EMEA, International, Kyoto Mechanisms, REDD, South & Central, US, Views, Voluntary Market  /  No Comments

After the summer break, activity is beginning to pick up again in the voluntary market, sources report.

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Australian forest project earns 356k carbon credits

Published 09:31 on September 18, 2017  /  Last updated at 16:18 on September 18, 2017  /  Asia Pacific, Australia  /  No Comments

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.

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Voluntary carbon market data from CTX for Sep. 15, 2017

Published 17:56 on September 15, 2017  /  Last updated at 00:32 on September 16, 2017  /  Africa, Americas, Asia Pacific, Australia, International, Mexico, Middle East, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

A table of Verified Emission Reduction (VER) prices and offered volumes, based on voluntary market data provided by CTX.

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UN launches tender to buy 170k CERs

Published 17:56 on September 15, 2017  /  Last updated at 17:56 on September 15, 2017  /  Africa, Americas, Asia Pacific, China, EMEA, International, Kyoto Mechanisms, South & Central  /  No Comments

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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