NZ climate commission calls for investigation into industrial allocation
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.
Read MoreCarbon Pulse launches new Article 6 Portal
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.
Read MoreNZ coalition govt partner mulls pulling out of Paris Agreement
The leader of one of New Zealand’s coalition government parties says the country should consider pulling out of the Paris Agreement.
Read MoreNew Zealand announces modest target increase in 2035 NDC
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.
Read More“There is still hope” for a renewables revolution, despite Trump -experts
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.
Read MoreNZ Market: NZUs hit 13-month high
The price of carbon allowances in the New Zealand emissions trading scheme reached an annual high on Thursday amid large trading volumes.
Read MoreNZ Market: NZU price remains rangebound, as minister expands portfolio
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.
Read MoreNew Zealand carbon permit stockpile shrinks by almost 10 mln in 2024
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.
Read MoreBeverage giant launches third round of APAC emissions reduction innovation grant programme
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.
Read MoreNZ Market: NZU price reaches one-month high in first session of the year
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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