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    • Ambos dust off Onesies for annual appeal August 17, 2018
      LISTEN: Wellington Free Ambulance Street Appeal is all about the onesies The post Ambos dust off Onesies for annual appeal appeared first on NewsWire.co.nz.
      Bonnie Mosen
    • Mayor throws on Onesie for ambulance appeal August 17, 2018
      LISTEN: Mayor Justin Lester onboard with street appeal The post Mayor throws on Onesie for ambulance appeal appeared first on NewsWire.co.nz.
      Bonnie Mosen
    • Simple solution to stay safe online August 17, 2018
      LISTEN: Netsafe CEO has some simple tips for online safety. NICO HENDRICKS reports. The post Simple solution to stay safe online appeared first on NewsWire.co.nz.
      Nicholas Hendricks
    • Burger competition sparks debate over fries August 16, 2018
      The post Burger competition sparks debate over fries appeared first on NewsWire.co.nz.
      Nikita Rawnsley-Wratt
    • International success for a Petone pizzeria August 16, 2018
      The post International success for a Petone pizzeria appeared first on NewsWire.co.nz.
      Jayden Tamarua
    • LISTEN: BSA wants to know how you monitor online content for kids August 16, 2018
      The BSA wants to know about your kid's viewing habits. BONNIE MOSEN reports. The post LISTEN: BSA wants to know how you monitor online content for kids appeared first on NewsWire.co.nz.
      Bonnie Mosen
    • Listen: Parisians shocked at latest attempt to clean up their city August 16, 2018
      LISTEN: New urinals are a little too public according to one French man. NICO HENDRICKS reports. The post Listen: Parisians shocked at latest attempt to clean up their city appeared first on NewsWire.co.nz.
      Nicholas Hendricks
    • LISTEN: High hopes for success of miscarriage bill August 16, 2018
      Hopes a private members bill will get cross party support . LEAH TEBBUTT reports The post LISTEN: High hopes for success of miscarriage bill appeared first on NewsWire.co.nz.
      Leah Tebbutt
    • LISTEN: Teachers strike for a better life balance August 16, 2018
      Teachers are missing out on time with their children due to job pressure. LEAH TEBBUTT reports: The post LISTEN: Teachers strike for a better life balance appeared first on NewsWire.co.nz.
      Leah Tebbutt
    • LISTEN: Decade of neglect behind teacher strike August 15, 2018
      Striking teacher tells government the dwindling education workforce has had enough and it's time to act. LEAH TEBBUTT reports from today's rally in Wellington. The post LISTEN: Decade of neglect behind teacher strike appeared first on NewsWire.co.nz.
      Leah Tebbutt
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Treasury reveals its emissions target

The New Zealand Herald has a story about how Treasury adviced the Government it should have set its greenhouse gas emission levels 15% above 1990 levels.

The news comes after the Government announced plans last week to reduce emissions by 10-20% of 1990 levels by 2020.

Trade Minister Tim Groser will take the proposal to Bonn later this month in the run-up to December negotiations in Copenhagen on a post-Kyoto climate change agreement.

The story includes comment from Climate Change Minister Nick Smith and Green Party co-leader Russel Norman:

Treasury papers released today show the Government did not follow a call from its financial advisers for it to set a 2020 greenhouse gas emissions target 15 percent above 1990 levels.

On August 10, the Government announced an emissions reduction target range of 10 percent to 20 percent below 1990 levels by 2020.

But Treasury recommended a target range with an unconditional target of 8 percent reduction on a base year of 2005. READ MORE.

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Introducing Mark Weldon and the NZX

This is a couple of months old but Commodify Me! would like draw your attention to a story which appeared in the Otago Daily Times in May about the New Zealand Stock Exchange and its chief executive Mark Weldon.

The ODT story mentions NZX’s establishment and sale of a registry for tradeable carbon credits, its acquisition of electricity spot market operator M-Co and it’s acquisition of rural media business Country-Wide Publications:

In his seven years as New Zealand Exchange chief executive, former Olympian and Columbia University School of Law alumnus Mark Mr Weldon has built something of an empire.

Formerly a “number eight wire order-matching exchange” with a reputation for lax regulation and ripe for takeover by the ASX, under Mr Weldon’s rule NZX has cleaned up its act. READ MORE.

NZ to cut greenhouse emissions by up to 20%

The Dominion Post has a story about what the impact and cost of tackling climate change will have on New Zealand:

The cost of doing our bit in the battle against climate change will be $27 a week each by 2020 as the Government prepares to sign Kiwis up to a global pact.

But it is under fire for being too cautious after setting the target of a reduction in greenhouse gas emissions of between 10 per cent and 20 per cent on 1990 levels and there are warnings that New Zealand risks being labelled a climate-change bludger. READ MORE.

The newspaper also has another story with comment from various business leaders about the proposed reductions of greenhouse gas ommissions as part of the country’s Kyoto Protocol agreements. READ HERE.

Goldman Sachs’ role in oil speculation and other market manipulation detailed

There’s an interesting story in Rolling Stone magazine by Matt Taibbi about how former investment bank Goldman Sachs has engineered every major market manipulation since the Great Depression.

While Commodify Me! would thoroughly recommend that you read all of Taibbi’s  story, the parts that will interest commodity exchange fanatics the most are  page five, which details  how Goldman’s speculation in the oil markets drove the price at the pump to record highs last year,  and page seven, which examines how the bank could potentially make a killing of another product that looks set to be traded on the U.S. futures exchange, carbon credits.

CLICK HERE to read the full story.