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Carbon News In Depth

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Global carbon markets in the spotlight

Today 11:00am - Rules governing the development of international carbon markets will be top of the agenda at international climate talks this week.

Nats vow to fight farm emissions moves

Simon Bridges

Today 11:00am - The National Party says it will continue to oppose bringing agricultural emissions into the Emissions Trading Scheme.

TEN YEARS AGO ...

David Carter

Today 11:00am - Ten years ago, the Government didn’t want to talk about the potential for forest owners to sell credits overseas.

MARKET LATEST: NZUs $23.15

Today 11:00am - Spot NZUs opened at $22.80 bid and $23.70 offered this morning, after last fixing at $23.15.

It's your job to care for the world, directors hear

Friday - Directors should bear as much personal responsibility for the environmental damage their companies cause as they now do for the health and safety of their workers, the Government has been told.

Troubled gas supply means jump in coal emissions

Friday - The repeated shut-down of the country’s largest gas field for maintenance has led to a surge in greenhouse gas emissions from coal-burning.

TEN YEARS AGO ...

Friday - Ten years ago, Canada announced it would establish a federal carbon market.


Fossil fuels ban helping, says energy innovator

Stu Innes

Thursday - New Zealand's partial ban on new oil and gas exploration is driving the electricity market away from gas and towards renewables, says an energy market innovator.

UK likes our way with international credits

Lord Deben

Thursday - Britain is following New Zealand's lead in saying it will probably use international carbon markets in its drive to carbon neutrality - despite the advice of its own experts.

TEN YEARS AGO ...

Thursday - Ten years ago, one of the world’s largest carbon traders decided it would set up shop in New Zealand after all.

Auckland lays out plan to combat climate crisis

Wednesday - Auckland Council has unveiled a plan it says will prepare the city to cope with the impacts of climate change and cut its emissions.

Defence budget puts climate front and centre

Wednesday - New Zealand’s defence forces will struggle to deal with climate-related security threats if they don’t make climate change a priority, officials say.

TEN YEARS AGO ...

Wednesday - Ten years ago, a Japanese bank bought New Zealand AAUs in what was the world’s first international trade in Kyoto Protocol forestry units.

Emissions pricing not working, says World Bank

11 Jun 19 - Just one per cent of global greenhouse gas emissions are at prices likely to drive the emissions cuts needed to preserve life as we know it, the World Bank says.

MARKET LATEST: NZUs $24.30

11 Jun 19 - Spot NZUs opened at $24.20 bid and $24.30 offered this morning, after last fixing at $24.30.

TEN YEARS AGO ...

11 Jun 19 - Ten years ago, experts were saying that a quarter of the world’s fossil-fuel emissions could be offset by changing the way we farm.

Farmers not alone in methane mix, say Nats

10 Jun 19 - The farming sector isn’t the only industry that should be targeted for methane reductions, the National Party says.

TEN YEARS AGO ...

10 Jun 19 - Ten years ago, companies were being criticised for failing to tell investors about the climate risks they faced.

Reward farmers for climate work, says Muller

7 Jun 19 - Farmers who plant trees for shelter and to protect waterways and who increase the amount of carbon being stored in their soils should get carbon credits, the National Party says.


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