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Peter Weir

High cost of land a blocker, say foresters

Friday - The high cost of land means that even at $24 a tonne, New Zealand cannot rely on new forests to meet its 2030 emissions reduction target, the forestry industry says.

MARKET LATEST: NZUs $24.17

Friday - Spot NZUs opened at $24.04 bid and $24.50 offered this morning, after last fixing at $24.17.

Green group hails ETS boost for native forests

Shane Jones

Friday - The Government’s plan to use the Emissions Trading Scheme to encourage more native forests is a smart move and will help to protect farms, towns and infrastructure from extreme weather events, an environmental organisation says.

Carbon at $24 puts pressure on Government

Thursday - Carbon prices have smashed through the $24 barrier for the first time in nearly a decade of carbon trading in New Zealand, increasing pressure on the Government to lift the $25 price cap.

MARKET REPORT: NZUs $24.20

Thursday - Spot NZUs opened at $24.05 bid and $24.35 offered this morning, after last fixing at $24.20.

Lift carbon cap to $30 immediately, says broker

Nigel Brunel

Wednesday - The Government is being told to take the brakes off the carbon market and immediately lift the maximum price to $30 a tonne.

MARKET LATEST: NZUs $23.85

Wednesday - Spot NZUs opened at $23.55 bid and $23.94 offered this morning, after last fixing at $23.85.


Farmers want clear carbon price guides

Wednesday - Farmers want to know what range carbon prices will be over five-year periods, the Farm Forestry Association says.

At last, a handy guide to the ETS

Wednesday - Settling down to make a submission on the latest review of the Emissions Trading Scheme and need a hand?

No floor, but expect early action on carbon prices

Tuesday - The Government might intervene in the market to lift carbon prices before 2020, but it has no plan to introduce a price floor.

At last, a new deal on the table for forestry

Tuesday - The Government has finally unveiled its proposals for changing the way forestry is treated under the Emissions Trading Scheme – including a proposal for new permanent forestry provisions.

MARKET LATEST: NZUs $23.10

Tuesday - Spot NZUs opened at $23.00 bid and $23.20 offered this morning, after last fixing at $23.10.

New ETS review will look at lifting cap

13 Aug 18 - Lifting the cap on the carbon price and limiting the supply of units are two of the proposals in the Government's new review of the Emissions Trading Scheme.

Heavy hitters bank more from free carbon credits

13 Aug 18 - The phasing out of the one-for-two carbon subsidy saw a big jump in the number of free carbon credits given to heavy industries last year.

MARKET LATEST: NZUs $23.10

13 Aug 18 - Spot NZUs opened at $23.00 bid and $23.20 offered this morning, after last fixing at $23.10.

New figures show emitters opting for arbitrage

10 Aug 18 - Emitters appear to be starting to arbitrage the Emissions Trading Scheme.

MARKET LATEST: NZUs $23.10

10 Aug 18 - Spot NZUs opened at $23.00 bid and $23.20 offered this morning, after last fixing at $23.10.

Single-use plastic bags on the way out

10 Aug 18 - Single-use plastic bags are to be phased out.

Businesses reluctant to factor in carbon prices

9 Aug 18 - Carbon prices rarely influence businesses’ decisions to install energy-efficient plant, according to a new report examining the market’s failure to drive down greenhouse gas emissions in the energy...


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