Carbon News - Intelligence for the carbon market

Policy Development

The New Zealand Government web site explaining the NZETS and latest developments is at

Nigel Brunel

Lift carbon cap to $30 immediately, says broker

Today 9:00am - The Government is being told to take the brakes off the carbon market and immediately lift the maximum price to $30 a tonne.

At last, a handy guide to the ETS

Today 9:00am - 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.

New ETS review will look at lifting cap

Monday - 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

Monday - 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.

New figures show emitters opting for arbitrage

Friday - Emitters appear to be starting to arbitrage the Emissions Trading Scheme.

Single-use plastic bags on the way out

Friday - Single-use plastic bags are to be phased out.

Economy needs new growth path, says Robertson

8 Aug 18 - More details of the Government’s new “well-being” approach to setting the nation’s budget are emerging.

Air New Zealand sees benefits in simplified ETS

2 Aug 18 - More native trees would be planted if the Emissions Trading Scheme were simplified, says Air New Zealand.

Government hears Paris pact means methane cuts

1 Aug 18 - The Paris Agreement cannot be met without cutting methane emissions, the Government has been told.

STATS SHOW: Shaw about to change the story

31 Jul 18 - Green Party co-leader James Shaw might be the climate minister, but it’s in his statistics portfolio that he is about to change everything.

Minister silent on arbitrage as prices climb

30 Jul 18 - Climate minister James Shaw isn’t commenting on the risk of arbitrage as carbon prices climb closer to the Government’s artificial price cap.

Bridges ignores climate change in party address

30 Jul 18 - National Party leader Simon Bridges is promising to have “the best ideas” on the environment.

Taranaki Maori make stand against oil and gas

25 Jul 18 - Maori in Taranaki say they will oppose climate-damaging activities like oil and gas extraction and intensive farming.

Farmers want methane left out of 2050 targets

24 Jul 18 - New Zealand should stick to its current target of halving greenhouse gas emissions by 2050, and leave methane out of the equation, says Federated Farmers.

Exotics rate second to natives, says minister

24 Jul 18 - Exotic carbon forestry is unlikely to be allowed on scrubland – and even less likely in national parks.

Parties eye early start to zero-carbon talks

23 Jul 18 - Cross-party talks on the Zero Carbon Bill could be under way within a month.

Shaw applauds China's work on climate change

20 Jul 18 - China’s action on climate change makes New Zealand look like its “pussy-footing around”, says climate minister James Shaw.

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