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NZ Market: Price ceiling in sight as NZUs keep pushing higher

Published 10:40 on July 20, 2018  /  Last updated at 17:05 on July 20, 2018  /  Asia Pacific, New Zealand  /  No Comments

New Zealand emissions permits extended record high levels again on Friday, with some market participants questioning whether the rally might take prices up to the NZ$25 de-facto price ceiling or even beyond.

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NZ Market: Momentum pushes NZUs to yet another record high

Published 10:28 on July 19, 2018  /  Last updated at 10:32 on July 19, 2018  /  Asia Pacific, New Zealand  /  No Comments

New Zealand carbon allowances set an all-time high for the seventh time in a month on Thursday as bullish momentum continued to lead prices up.

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NZ Market: NZUs set yet another record as no end in sight for supply drought

Published 10:36 on July 18, 2018  /  Last updated at 14:02 on July 18, 2018  /  Asia Pacific, New Zealand  /  No Comments

New Zealand carbon allowances rose to record highs again on Wednesday.

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NZ Market: NZ carbon prices extend record highs

Published 11:15 on July 17, 2018  /  Last updated at 11:15 on July 17, 2018  /  Asia Pacific, New Zealand  /  No Comments

New Zealand carbon allowances rose to fresh record highs on Tuesday as the lack of available supply in the market continued to push up prices.

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NZ Market: NZU bull run continues as permits hit NZ$22 for first time

Published 10:34 on July 13, 2018  /  Last updated at 16:48 on July 13, 2018  /  Asia Pacific, New Zealand  /  No Comments

The price rise in New Zealand’s carbon market continued on Friday as allowances hit the NZ$22 mark for the first time in the market’s 10-year history.

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Sixty NZ businesses to take climate action, cut emissions

Published 10:55 on July 12, 2018  /  Last updated at 10:55 on July 12, 2018  /  Asia Pacific, New Zealand  /  No Comments

Sixty New Zealand companies on Thursday vowed to measure and report their CO2 output and set GHG reduction targets in line with the Paris Agreement, a move that will impact half the nation’s emissions.

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NZ Market: NZUs extend record highs amid continued supply squeeze

Published 10:02 on July 11, 2018  /  Last updated at 11:29 on July 11, 2018  /  Asia Pacific, New Zealand  /  No Comments

New Zealand carbon permits jumped to fresh record highs on Wednesday as a lack of available supply continued to raise prices.

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NZ Market: New Zealand carbon extends record high as supply vanishes

Published 07:24 on July 10, 2018  /  Last updated at 22:14 on July 10, 2018  /  Asia Pacific, New Zealand  /  No Comments

New Zealand carbon permits rose to all-time highs for the third time this year on Tuesday, as a dearth in available supply keeps pushing prices up.

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New Zealand’s Z Energy seals voluntary carbon deal at above-market price

Published 11:13 on July 9, 2018  /  Last updated at 06:26 on July 10, 2018  /  Asia Pacific, International, New Zealand, Voluntary Market  /  No Comments

New Zealand fuel supplier Z Energy has bought nearly 60,000 voluntary carbon credits at prices higher than in the nation’s mandatory ETS to offset its operational emissions.

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NZ Market: New Zealand carbon prices rise to record highs

Published 09:37 on July 4, 2018  /  Last updated at 16:40 on July 4, 2018  /  Asia Pacific, New Zealand  /  No Comments

New Zealand carbon allowances rose to an all-time high on Wednesday as sellers were reluctant to satisfy demand amid expectations of higher prices in future.

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