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Taxpayers give smelter credits worth $12m

Today 11:00am - Taxpayer-funded carbon credits were worth $12.1 million last year to Tiwai Point aluminium smelter operator Pacific Aluminium.

Tesla could soon be world’s most valuable company

7 Feb 20 - Tesla shares continue blockbuster surge, with more analysts and investors recognising the trillion dollar-plus potential of the Elon Musk electric car and energy company.

CentrePort goes electric for container tractors

3 Feb 20 - CentrePort is going electric for moving freight around the Wellington port.

CarbonScape in line for major award

3 Feb 20 - Marlborough clean-tech company CarbonScape has been nominated in the Environmental Achievement of the Year category in the annual Tire Technology International Awards.

Investors fight back against climate wreckers

10 Dec 19 - Two strands of action are being taken by investors against the planet’s biggest and most polluting companies to try to coerce them into complying with climate targets.

Why lower emissions mean better business

6 Dec 19 - Companies with high levels of greenhouse gas emissions are worth less than low-emitting companies, says financial analysis and advisory firm Forsyth Barr.

Tell us what you're doing, investors tell govts

2 Dec 19 - Institutional investors will either stay away or demand higher returns in New Zealand and Australia if their governments don’t produce credible, long-term climate investment strategies, a new report says.


New IMF chief urges climate action

2 Dec 19 - New International Monetary Fund chief Kristalina Georgieva tells why global heating is as big a threat to economic stability as another financial crash.

Supermarkets, powercos best at sustainability

25 Nov 19 - Supermarkets and electricity retailers are scoring the highest marks with consumers for sustainability, but none is doing well enough, a new study says.

Wall Street increasingly weighs climate risks

8 Nov 19 - In the wake of two years of wildfires in California, Wall Street is incorporating a new risk metric when evaluating companies: climate resiliency.

Kiwi company pushes one-click carbon offsetting

5 Nov 19 - CarbonClick plans to be as much of a disrupter for carbon offsetting as Xero has been for accounting.

Google donations finance climate deniers

15 Oct 19 - Google has made “substantial” contributions to some of the most notorious climate deniers in Washington despite its insistence that it supports political action on the climate crisis.

Carney gives business two years to make climate rules

Mark Carney

10 Oct 19 - Bank of England governor Mark Carney has warned major corporations that they have two years to agree rules for reporting climate risks before global regulators devise their own and make them...

It's time to 'pull finger', EDS tells politicians

Gary Taylor

7 Oct 19 - The organisers of a high-powered business and climate change conference in Auckland this week say it is way past time for politicians to come together.

Largest banks lagging in sustainable finance

7 Oct 19 - Most of the world’s 50 largest banks have not made sustainable finance commitments to respond to the risks of climate change and continue to finance fossil fuels, says a new report.

Most big firms likely to miss climate targets

26 Sep 19 - More than four in five of the world’s largest companies are not on track to meet the Paris climate targets for 2050, says a new study.

Banks worth $47 trillion adopt climate principles

25 Sep 19 - Banks with more than $47 trillion in assets, or a third of the global industry, have adopted new UN-backed “responsible banking” principles to fight climate change.

Green fund hires clean-investment banker

Jason Patrick

24 Sep 19 - A former Bank of America Merrill Lynch vice-president with a background in financing “clean” investment is heading the investment programme of the Government’s Green Investment Fund.

Supermarket happy hour reduces food waste

12 Sep 19 - A Finnish supermarket chain is fighting food waste by offering steep discounts during a late-night happy hour.


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