Latest

NZ Market: NZU slump unlocks higher volumes after long lull

Published 09:26 on November 16, 2018  /  Last updated at 09:28 on November 16, 2018  /  Asia Pacific, New Zealand  /  No Comments

New Zealand carbon allowances suffered a third straight day of losses on Friday, with the increasing gap to the de facto price ceiling  spurring sellers to come forward after months of near-zero trading.

Read More
Latest

NZ Market: NZUs dip below price ceiling as buyers retreat

Published 09:12 on November 14, 2018  /  Last updated at 09:12 on November 14, 2018  /  Asia Pacific, New Zealand  /  No Comments

New Zealand carbon allowances on Wednesday fell below the NZ$25 fixed price option for the first time since Aug. 29 as bids retreated to NZ$24.90 ($16.89).

Read More
Latest

NZ Market: NZUs stay firm as emitters ponder compliance strategy

Published 09:39 on November 12, 2018  /  Last updated at 21:53 on November 12, 2018  /  Asia Pacific, New Zealand  /  No Comments

NZUs remained unchanged just above the NZ$25 fixed price option (FPO) level for the third consecutive day on Monday, as emitters weigh compliance strategies amid ongoing uncertainty over the FPO’s fate.

Read More
Latest

New Zealand carbon fund raises over NZ$1m ahead of listing

Published 09:51 on November 8, 2018  /  Last updated at 21:40 on November 8, 2018  /  Asia Pacific, New Zealand  /  No Comments

The Carbon Fund successfully listed on the New Zealand Stock Exchange (NZX) on Thursday, having raised over NZ$1 million ($680,000) from investors by offering exposure to carbon allowances and credits.

Read More
Latest

INTERVIEW: NZ minister wants focus on domestic emission cuts, not international credits

Published 11:40 on November 7, 2018  /  Last updated at 22:31 on November 7, 2018  /  Asia Pacific, New Zealand  /  No Comments

Countries should prioritise domestic emissions reductions over international credits, according to New Zealand’s Climate Change Minister James Shaw.

Read More
Latest

NZ Market: NZUs slump to 1-mth low as price ceiling vacuum lingers

Published 11:04 on November 1, 2018  /  Last updated at 20:54 on November 1, 2018  /  Asia Pacific, New Zealand  /  No Comments

New Zealand carbon allowances have this week slumped to their lowest in a month on the ongoing lack of news surrounding the government’s decision on the fixed price option, with units holding just above NZ$25.

Read More
Latest

NZ Market: NZU trade goes stale amid ongoing information vacuum

Published 09:52 on October 24, 2018  /  Last updated at 20:55 on October 25, 2018  /  Asia Pacific, New Zealand  /  No Comments

New Zealand carbon allowances closed unchanged for the third consecutive day on Wednesday and have been range-bound for almost three months as the market continues to await news on what the government will do with the scheme’s price ceiling.

Read More
Latest

Investors to launch New Zealand’s first listed carbon fund

Published 11:28 on October 15, 2018  /  Last updated at 00:36 on October 16, 2018  /  Asia Pacific, New Zealand  /  No Comments

Investment firm Salt Funds Management will next month launch a dedicated carbon fund, the first to be listed on the New Zealand Stock Exchange (NZX), the company said.

Read More
Latest

NZ Market: NZUs come off highs as buyers retreat

Published 10:30 on October 12, 2018  /  Last updated at 10:30 on October 12, 2018  /  Asia Pacific, New Zealand  /  No Comments

New Zealand carbon allowances on Friday came down from the record highs seen earlier in the week, with some observers saying a correction to below NZ$25 might be due.

Read More
Latest

NZ Market: NZUs inch up to new record highs on small volumes

Published 11:48 on October 8, 2018  /  Last updated at 23:48 on October 8, 2018  /  Asia Pacific, New Zealand  /  No Comments

New Zealand carbon allowances hit a new all-time high on Monday, although it was on small trades reflecting the shortage of available supply in the market.

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