NZ climate commission calls for investigation into industrial allocation

Published 07:45 on February 5, 2025  /  Last updated at 07:45 on February 5, 2025  / /  Asia Pacific, New Zealand

New Zealand’s Climate Change Commission (CCC) says issues relating to the country’s industrial allocation practices are worth examining, in response to a petition calling for a rapid phase-out of the scheme.

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Carbon Pulse launches new Article 6 Portal

Published 14:16 on February 3, 2025  /  Last updated at 14:16 on February 3, 2025  / /  Africa, Americas, Asia Pacific, Australia, Bavardage, Canada, China, Climate Talks, Data Dive, EMEA, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Zealand, Other APAC, Other Content, Paris Article 6, South & Central, South Korea, Switzerland, US, Voluntary

In another step towards a more comprehensive data offering, Carbon Pulse has launched a free-access Article 6 Portal tracking international carbon market developments under the Paris Agreement. 

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NZ coalition govt partner mulls pulling out of Paris Agreement

Published 05:54 on February 3, 2025  /  Last updated at 05:54 on February 3, 2025  / /  Asia Pacific, Climate Talks, International, New Zealand

The leader of one of New Zealand’s coalition government parties says the country should consider pulling out of the Paris Agreement.

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New Zealand announces modest target increase in 2035 NDC

Published 08:43 on January 30, 2025  /  Last updated at 22:20 on January 30, 2025  / and /  Asia Pacific, Climate Talks, International, New Zealand, Paris Article 6

New Zealand on Thursday announced its nationally determined contribution (NDC) for 2035, modestly deepening its emissions reductions goal while switching to a single-year target from a multi-year one in the current decade.

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“There is still hope” for a renewables revolution, despite Trump -experts

Published 19:38 on January 23, 2025  /  Last updated at 19:38 on January 23, 2025  / and /  Africa, Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, International, Japan, Mexico, Middle East, New Zealand, South & Central, South Korea, Switzerland, US

The goal of tripling global renewable energy capacity by the end of this decade is still within reach, despite the US likely backtracking on its energy transition in the next four years, renewable energy leaders and governments said on Thursday.

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NZ Market: NZUs hit 13-month high

Published 13:17 on January 23, 2025  /  Last updated at 22:14 on January 23, 2025  / /  Asia Pacific, New Zealand

The price of carbon allowances in the New Zealand emissions trading scheme reached an annual high on Thursday amid large trading volumes.

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NZ Market: NZU price remains rangebound, as minister expands portfolio  

Published 06:26 on January 20, 2025  /  Last updated at 06:26 on January 20, 2025  / /  Asia Pacific, New Zealand

New Zealand carbon allowances remain below the auction price floor with little movement expected until the next government auction in March, as the country’s climate minister has been given a broader remit in a cabinet shakeup.

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New Zealand carbon permit stockpile shrinks by almost 10 mln in 2024

Published 05:41 on January 15, 2025  /  Last updated at 05:41 on January 15, 2025  / /  Asia Pacific, New Zealand

The number of carbon allowances for the New Zealand emissions trading scheme in the country’s registry shrank by almost 10 million last year as the several failed quarterly auctions meant the permits used for compliance were not fully replaced.

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Beverage giant launches third round of APAC emissions reduction innovation grant programme

Published 02:00 on January 9, 2025  /  Last updated at 23:41 on January 8, 2025  / /  Asia Pacific, Australia, China, Japan, New Zealand, Other APAC, South Korea

A global food and beverage multinational has kicked off its third annual sustainability incubator programme, offering grants to pilot projects focussed on sustainable agriculture, climate tech, and GHG emissions reduction.

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NZ Market: NZU price reaches one-month high in first session of the year

Published 05:44 on January 3, 2025  /  Last updated at 05:44 on January 3, 2025  / /  Asia Pacific, New Zealand

New Zealand Unit (NZU) prices inched up in the market’s first trading session of 2025, when the new auction settings and price controls officially take effect.

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