Market advice

WANTED: Someone to run carbon-credit auctions

21 Nov 19 - The Government is looking for someone to build and run its new carbon-credit-auctioning platform.

Govt eyes bid limits for carbon credit auctions

15 Nov 19 - The Government is looking at setting a maximum bid lot to stop a handful of entities getting control of the New Zealand carbon market.

Businesses demand action, says UN climate chief

18 Jun 19 - Businesses are demanding the development of international carbon markets as the world battles a climate emergency, negotiators have heard overnight.

Global carbon markets in the spotlight

17 Jun 19 - Rules governing the development of international carbon markets will be top of the agenda at international climate talks this week.

NEWSFLASH: $25 price cap on the way out

16 May 19 - THE $25 price-cap on New Zealand carbon will be gone by the end of 2022 and a price floor is a possibility, the Government has just announced. Full details in tomorrow morning’s Carbon News.

Pioneer carbon trader to change hands

20 Mar 19 - The trading house that 10 years ago today handled the first trade under New Zealand’s Emissions Trading Scheme is about to change hands.

We're about to get funds trading in carbon

16 Oct 18 - New Zealand is about to get a managed funds service based on carbon.

Global carbon prices too low, warns OECD

20 Sep 18 - Carbon prices in major advanced economies are too low to cut greenhouse gas emissions and stave off the worst effects of climate change, says the OECD.

Calls for Government to act as carbon tops $25

31 Aug 18 - New Zealand carbon is trading over the unofficial cap price of $25, prompting new calls for the Government to hedge the country’s looming carbon debt.

Z Energy sinks $1.5m into forestry credits

10 Jul 18 - New Zealand’s voluntary carbon market has had a huge boost with the purchase of $1.5 million worth of forestry credits by one of the companies driving corporate support for the low-carbon economy.

TIME'S UP: It's Surrender Day for carbon emitters

31 May 18 - Today is Emissions Trading Scheme Surrender Day – the last day for emitters to surrender units to cover their emissions last year.

Shaw set to talk carbon markets in China

29 May 18 - Climate minister James Shaw is to visit the world’s largest carbon market – China.

Carbon markets back from the brink, says World Bank

25 May 18 - Global carbon markets have been brought back from the brink of collapse by recent developments providing a much-needed boost, according to the World Bank.

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.