Shares in NZX Limited have taken a hit on the company’s own exchange today after it slashed $19.9 million from the expected sale proceeds of its carbon trading business.
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Posts tagged as:
New Zealand Carbon
Feb. 15 (Bloomberg) — NZX Group Ltd. had its biggest one- day drop in Wellington trading after the operator of New Zealand’s stock exchange slashed NZ$19.9 million ($14 million) from the expected sale proceeds of its carbon registry unit.
Continue Reading at Bloomberg
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Sharemarket operator NZX is signalling a $19.9 million hit to its balance sheet from a carbon trading business it has sold, blaming a lower priority given to carbon trading and “lack of a global political agenda around carbon.”
Continue Reading at NBR
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The Alliance Group has cut its greenhouse gas emissions by 22% a unit of production since 2000 and hopes to help its farmer suppliers do the same.
The co-operative’s chairman, Owen Poole, said it was working with consultant AbacusBio to develop a carbon and energy audit, and bench-marking system, to help sheep, beef and deer farmers assess their emissions.
Continue Reading at ODT
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Prime Minister John Key will refuse any call for the Government to double its planned greenhouse gas cuts when world leaders meet at climate change talks in Copenhagen.
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In its new forestry plan released on Wednesday, the party says the government should guarantee a carbon price of $25 a tonne in order to give the industry and its investors more certainty.
Continue reading at Radionz.co.nz
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The carbon market may, on the surface, sound fictional, but it is real, although rules will restrict the volume of credits that can be traded internationally.
Continue reading at Odt.co.nz
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| Sourced From Stuff.co.nz |
AgResearch hopes to show dairy farmers how to reduce carbon emissions on their farms by experimenting with farm inputs on its new $6.5 million dairy research farm at Tokanui.
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| Sourced From Gisborneherald.co.nz |
AUCKLAND — Taxpayers will be stuck with 84 percent of the bill for meeting New Zealand’s obligation under the Kyoto Protocol, while farmers and large industrial emitters get hefty subsidies, a report out reveals.
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| Sourced From Tvnz.co.nz |
Ordinary taxpayers look like they will be footing the bill for New Zealand’s Kyoto protocol obligations. But just where will their money go and how do carbon credits work?
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| Sourced From Guide2.co.nz |
Wellington, Nov 13 NZPA – A column in a leading British newspaper which accuses New Zealanders of unjustifiably trading off their “clean, green 100 percent pure” imagery doesn’t make for nice reading, Green Party co-leader Russel Norman says.
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| Sourced From ABC.net.au |
New Zealand farmers say they’re resigned to being included in a carbon trading scheme.
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| Sourced From 3News.co.nz |
A new study says New Zealand is too focused on reducing carbon emissions and other environmental factors should take priority, like urban air quality, water quality and biodiversity.
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| Sourced From Stuff.co.nz |
Good-news stories for Marlborough were shared among representatives from the forestry, viticulture, horticulture and engineering industries when they gathered in Blenheim.
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| Sourced From Odt.co.nz |
Dunedin City Council-owned City Forests is targeting a revenue boost of up to $3 million this financial year from sales of carbon credits, possibly to international interests.
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