The management team of emsTradepoint are working on a possible management buyout after the recent decision of Transpower to close the platform. John O/Brien, director of Carbon Market Solutions, a participant on emsTradepoint since October 2022, says he isn't...
Government Blamed for Low Carbon Price
The carbon price hit a 10 month low in the secondary market with prices trading at about half the price of the commodity's all time high price of $88.50 with commentary from John O'Brien of CMS. John O'Brien, Carbon Market Solutions managing director, says the drop in...
Carbon Price nose dives following auction
The NZU carbon price has dropped to its lowest level since July 2023 following yesterday's partial clearance at the auction. CMS Managing Director, John O'Brien, said that despite the partial clearance, it must be a relief for the government to finally raise some...
Government still committed to no major changes to NZ ETS
11 March 2024 - It has become quite clear that the national government does not want to see significantly higher NZU prices in the near future, given the follow on impacts to the economy through increased electricity prices and increased prices at the pump. In the...
CMS Managing Director, John O’Brien, provides market commentary to Carbon News on the falling NZU prices
22 June 2023 - Second ETS Auction in a row fails to clear with market commentary by John O'Brien Read more here
CCC draft advice being open for consultation
The New Zealand Climate Change Commission has released its next draft advice to the Government in April 2023 and this is open for consultations until June 20 2023. The Climate Change Commission will resent its final advice to the government by December 31 2023....
Carbon Credit Mistake could cost Government $1.3 billion if left unfixed
A slump in the value of carbon credits is the result of the Government getting itself in a tangle and undermining confidence in the Emissions Trading Scheme, the National Party’s energy spokesperson Stuart Smith says. Climate Change Minister James Shaw responded by...
Failed Carbon Auction 16th March 2023 – Interview with Dr. Christina Hood
The failed carbon auction this month did real damage to NZ's mitigation strategy. If you are interested to understand better what went wrong you can listen to this podcast with leading New Zealand climate change researcher, Dr. Christina Hood....
NZ ETS Review Announced
Following on from the failure of the first NZU auction last week, the government has announced a review of the NZ ETS and how it will help the government meet its Paris Agreement goals for 2030 and the NZ Target for 2050. As the auction is a source of funding for the...
First NZU Auction in 2023 Fails to Clear
On March 15, 2023, the New Zealand Unit (NZU) auction suffered a significant failure, with the auction closing with no trades made. This event was a disappointment for the New Zealand government, which had been hoping the auction to be successful and contribute to its...