Market advice

Early days, but Govt is talking to global markets

7 Mar 18 - The Government says it’s not yet formally involved in any moves to link the Emissions Trading Scheme to other markets, but it is talking to them.

NZ still sets the pace in world of trading schemes

1 Mar 18 - Fifteen per cent of global greenhouse gas emissions are now covered by trading schemes.

NZ could do good carbon deal now, says trader

20 Feb 18 - The Government could hedge against its $10 billion future carbon bill now – with a money-back guarantee, says carbon trader Nigel Brunel.

MARKET LATEST: NZUs $21.40

7 Feb 18 - Spot NZUs opened at $21.20 bid and $21.45 offered this morning, after last fixing at $21.40.

Carbon breaks through $20 mark

7 Dec 17 - New Zealand carbon is selling for more than $20 a tonne for the first time since March 2011 – and it’s expected to go higher.

Broker backs hedging with European units

20 Nov 17 - Entities with future carbon liabilities should be thinking about hedging with European units – and that includes the country itself, says a leading carbon broker.

Papers show official eyes on cutting free credits

16 Nov 17 - Government officials have looked at cutting the allocation of free credits to some industrial emitters by between 1 per cent and 3 per cent a year.

Analysts up EU carbon price forecasts

13 Apr 17 - Analysts have significantly increased their forecasts for European carbon prices in the bloc's Emission Trading System for 2018 and 2019 to take into account the progress made in market reforms...

NZ-China work on links despite carbon tax talk

17 Mar 17 - Work on developing carbon-trading links between New Zealand and China is continuing, despite a report this week that China might go to a carbon tax instead of a national emissions trading scheme.

China hints at tax instead of trading in carbon

15 Mar 17 - China is moving closer to a carbon tax for cutting emissions and away from the EU’s emissions trading model, a senior Chinese official has said.

Carbon ends year having doubled its price

21 Dec 16 - Carbon closes the year nearly twice the price it was fetching this time last year.

NZ signs up with global carbon pricing group

2 Dec 16 - New Zealand has joined a World Bank group promoting carbon pricing.

Latest Australian auction a smaller affair

2 Dec 16 - Australia’s fourth Emissions Reduction Fund auction was smaller than previous auctions, with no mega-projects and low participation.

China prepares for world’s biggest carbon market

23 Nov 16 - In the wake of Donald Trump’s victory in the US presidential election, and his refusal to recognise climate change, China’s new carbon market is attracting particular attention.

Beware knee-jerk reactions, says business head

14 Nov 16 - Donald Trump’s presidency of the United States is a temporary speed bump in the path to a resilient low-carbon economy, says Business New Zealand.

Stay calm, says transtasman investor group

11 Nov 16 - Investors should not let Donald Trump’s election as president of the United States undermine action on climate change, says the Investor Group on Climate Change.

MEMO INVESTORS: You can't ignore climate change

25 Oct 16 - Investors can no longer ignore climate change, says a global asset-management company.

More trading could cut cost of climate change mitigation

20 Oct 16 - Greater global cooperation through carbon trading could reduce the cost of climate change mitigation by 32 per cent by 2030, according to a World Bank report.

Australian businesses keen to join global carbon trade

18 Oct 16 - AUSTRALIA'S conservative government might have ditched the country’s emissions trading scheme, but businesses across the Tasman still want to get involved in international carbon trading, a survey...