NZ Market: NZUs stabilise after record run
After several weeks of record-breaking increases, New Zealand carbon allowances have settled down at a level just below the all-time high, with traders waiting to see what happens next.
Read MoreCARBON FORWARD 2021: Amid global carbon credit boom, experts gather to discuss risks, opportunities
The sixth instalment of Carbon Forward – the premier annual environmental markets conference – is back, and it’s stacked with a first-class line-up of speakers to discuss the global boom in carbon credit prices, as well as government- and corporate-led efforts to scale up these markets.
Read MoreAl Gore-backed data project finds oil and gas emissions may be double estimates
A new emissions data project has found that emissions from oil and gas production may be twice as high as previously thought, as new technology builds a more accurate picture of global GHG output.
Read MoreLondon-based carbon fund performs solidly in August, as it delves into 5th market
A London-based fund that focuses on compliance-grade carbon recorded a solid return in August, as it entered a fifth regional emissions market.
Read MoreNew carbon fund targets New Zealand forests
A new fund launched on Monday that aims to invest in forest planting on marginal land in New Zealand to profit from the nation’s rapidly rising carbon price.
Read MoreNZ Market: NZUs gain another 5% as govt data shows big jump in speculator holdings
New Zealand carbon allowances raced to new highs in Wednesday trade, as the EPA posted data showing a 33% increase in speculator NZU holdings in the June quarter.
Read MoreNZ Market: Unstoppable NZUs hit NZ$62 as bullish sentiment prevails
New Zealand carbon allowances on Tuesday reached a record high for the tenth successive session, as last week’s bumper auction and patchy supply continue to fuel the market’s latest bull run.
Read MoreCarbon Pulse bolsters best-in-class reporting team with two more expert hires
(Free read) – Carbon Pulse has significantly strengthened its best-in-class news reporting team by bringing aboard two more expert hires – one previously the lead energy analyst with The Economist Intelligence Unit (EIU), and the other a lead negotiator for Article 6 of the Paris Agreement.
Read MoreNZ Market: Momentum carries NZUs to new highs near NZ$60
New Zealand carbon allowances rose another 0.8% in Thursday trade, showing no signs of retreat even after gaining more than NZ$7 after Wednesday’s auction.
Read MoreUPDATE – New Zealand sells entire 2021 cost containment reserve as carbon permit auction clears at record
New Zealand’s carbon permit auction cleared at a record high of NZ$53.85 ($37.97) on Wednesday, with ravenous buyers snapping up all 7 million units for 2021 under the market’s new cost containment reserve, along with the 4.75 mln on offer in the sale, before continuing with a spectacular secondary market bull run.
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