Homes and Property for Sale, Rent, Northland & Albany
Forestry in the New Zealand Emissions Trading Scheme – Field Measurement Approach All registered post-1989 ETS participants who have 100 or more hectares in the scheme are subject to the FMA. The FMA regulatory and implementation requirements can be found on the MAF website on the FMA page at www.maf.govt.nz/forestry/forestry-in-the-ets/post-1989-forest-land-voluntary-participation/field-measurement-approach FMA Information Standard The FMA Information Standard… Read More
NZETS Review Document Published Consultation on the Government’s proposed changes to the New Zealand ETS In 2011, an independent panel reviewed the ETS to consider how it should evolve over the next five years. The Panel consulted widely, receiving more than 150 submissions from the public, businesses and NGOs. The Panel recommended that the Government provide… Read More
Australia on track for Kyoto Surplus – Is New Zealand in a similar position? Figures released by the Australian Government and reported by Deutsche Bank indicate that Australia is on track for a surplus in the Kyoto period 2008-2012. Originally negotiating a cap of 108% of 1990 levels Australia successfully argued that deforestation entitled them… Read More
NZETS Is there an Arbitrage Opportunity for Post 1989 Forest Owners? Those that have sold NZU units from post 1989 forestry have a liability to surrender units in the event of a loss such as fire or at harvest. This risk or so it was perceived ultimately has limited post 1989 forest owners entering… Read More
Will the Durban talks Rescue the Carbon Market? Much has been placed on the outcome of the Durban talks on climate change. Before discussing the potential outcomes the broad facts need to be looked at. 1. The EU is committed to its own ETS to 2020 at least, and will allow non industrial gas… Read More
Is Australia the Next Market for CERs? Point Carbon has identified the Australian Emissions Trading Market as a major consumer of project based Certified Emissions Reductions or CER units. In the fixed price period of the carbon scheme, running for three years from July 1, 2012, Australian emitters will not have access to… Read More
The Anatomy of a CER Price Meltdown In mid June 2011 the price of a CER (certified emission reduction created from reducing greenhouse gas emissions in developing countries using the CDM or clean development mechanism of the Kyoto protocol) was 13 Euro and the emissions markets were looking healthy. (CER units are acceptable in the… Read More
NZETS again Dominated by CER Pric Back in late 2010 the NZU price was effectively capped by the price of Certified Emissions Reductions or CER from projects in developing countries. These units were purchased by emitters to cover their NZETS obligations. An arbitrage opportunity arose when the price of a CER climbed above that of… Read More
Background The N.Z. Government has enacted legislation to create an Emissions Trading Scheme (E.T.S.). This is set against a background of climate change and the world’s efforts to reduce the amount of carbon being emitted into the atmosphere. The United Nations is at the centre of co-ordinating this initiative. Forestry is a key sector from… Read More
NZETS Drifts as Compliance Returns are Due Continued stability in the NZU means prices sub $20.50 after two short weeks. Trading conditions have been relatively liquid, occurring between $20.10 and $20.50 on a spot basis. There has been a slight increase in market activity as demand for NZUs leading into the May surrender date seem… Read More
GoodGround’s Property Acquisition Consultants work exclusively to the advantage of the property buyer. You can appoint us to act for you under a “Buyers Agency Agreement”. Get more info...