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New Zealand: Politics

More in New Zealand: Politics
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Ooops, no immediate tax-cut billions from selling emissions credits

No emissions trading revenue windfall for NZ

2 Apr 2008

Unlike Australia, there will be no multi-billion-dollar windfall to the New Zealand Government from selling carbon credits.

The ETS ANZAC bridge ... many ways to build it says Parker

Parker: Full trans-Tasman ETS harmonisation only one option

2 Apr 2008

EXCLUSIVE - New Zealand does not need to integrate its emissions trading scheme (ETS) with Australia’s for it to work efficiently, Climate Change Minister David Parker told Carbon News yesterday.

Treasury report suggests thermal ban will increases costs

2 Apr 2008

The New Zealand Business Roundtable has released a 15 February 2008 Treasury Report , discovered under the Official Information Act, which it and other business groups say shows the proposed ban on new baseload thermal power will impose uncessary costs.

Who's first up at ETS and thermal power ban bill hearings today

2 Apr 2008

Hearings into the Climate Change (Emissions Trading and Renewable Preference) Bill begin today before the Finance and Expenditure Select Committee.

Latest Round Of UN Climate Talks to push Bali Roadmap to next stage

1 Apr 2008

Five days of United Nations-sponsored climate change talks, drawing 1,000 participants in Bangkok, Thailand, will try pushing forward the so-called “Bali Roadmap”.

Mike Moore .. WTO disputes mechanism tough enough to deal with food miles protectionism

Air miles, buy-local campaigns “insidious, sinister”

31 Mar 2008

Air miles and buy-local campaigns are “insidious, even sinister” trade protectionist barriers set up under cover of the battle against climate change, former World Trade Organisation (WTO) director-general Mike Moore told Carbon News.

Grove Mill ..using the new draft British standard.. in an unruly New Zealand

CARBON NEWS SERIES: Avoiding the major quality gap in emission certification

27 Mar 2008

Carbon News has revealed some companies run the risk of paying well for emissions measurement and certification – and falling short of developing world standards. They could also get stung in ETS emission audits.

Malcolm Turnbull .. reform the tax system

Call for emissions revenue to fund tax cuts

27 Mar 2008

Australia’s Opposition treasury spokesman last night urged the Kevin Rudd Labor Government to devolve the money it raises from carbon credits onto the states so they can eradicate a raft of inefficient taxes.

NSW weighs flogging the family silver

27 Mar 2008

A furore over whether New South Wales (NSW) should privatise its mostly coal-fired electricity generation capacity has erupted in the wake of Kevin Rudd’s federal Labor government announcing it will introduce an emissions trading scheme (ETS) in 2010.

Greenpeace turns spotlight on farmers

27 Mar 2008

Greenpeace is demanding New Zealand farmers be brought into the pending New Zealand emissions trading scheme earlier than the scheduled 2013.

NZ emissions trading regulations - what's in store

27 Mar 2008

Officials are working on a range of regulations to implement New Zealand's emissions trading system.

The 'official' report on economic impacts of NZ's ETS

27 Mar 2008

As report after report emerges from business-group funded studies on the likely impacts of New Zealand's emissions trading scheme, Carbon news provides a full copy of the Infometric's impact report, commissioned by Treasury's Emissions Trading Group .

Solid Energy'sCoal Seam gas project in the Waikato ..steps toward a cleaner coal future

Government needs to define clean coal future

26 Mar 2008

The Greenpeace action at Lyttelton last night will put further pressure on the Government to define the role of coal within the ETS and the wider battle against climate change. By far New Zealand’s biggest known energy resource is the 11 billion tonnes of low-grade lignite coal scattered through a dozen easily-accessible fields in Otago and Southland.

Vested interest snakes yet to appear on Australia's ETS

Three pillars to Wong’s emissions policy

26 Mar 2008

The three pillars of reducing emissions, adapting to unavoidable climate change and helping shape a global solution are at the heart of Australia’s greenhouse gas (GHG) policies, Australian Federal Climate Change Minister Penny Wong has told Carbon News.

The petrol pump .. out on is own after the Australian ETS is settled?

Now it’s petrol giving the Aussies cold feet

26 Mar 2008

Never mind that the participation of agriculture and forestry in the Australian emissions trading scheme (ETS) looks like being left to the respective industries to decide, land transport may be allowed off the hook too.

Australian coal .. transitional assistance, but no free credits like NZ

Garnaut bucks Wong’s exclusion of agriculture: wants all permits auctioned

25 Mar 2008

Agriculture and forestry should be included in the Australian emissions trading scheme (ETS) despite Climate Change Minister Penny Wong’s preference for their exclusion, the Australian Federal Government’s principal climate change advisor, Professor Ross Garnaut says.

Happy holliday makers about to have their carbon footprints measured

Ministry RFP reveals plan to measure tourism's GHG footprint

25 Mar 2008

New Zealand's $18.6 billion a year tourism sector is about to have its carbon footprint measured.

Heather Ridout ... phase in 25% company tax before the ETS starts

Cut company tax to 25%, Aussies plead

25 Mar 2008

A 5% cut in the company tax rate is being demanded by lobbyist Australian Industry Group (AIG) to cushion business from the financial impact of the emissions trading scheme (ETS) that Kevin Rudd’s Australian Labor Government intends implementing in 2010.

FULL VERSION: Discussion paper on the Australian Emissions Trading Scheme

25 Mar 2008

The Garnaut Climate Change Review has released its ETS discussion paper, which looks at which industries should be included in Australia's ETS, and issues like recycling revenue from the sale of emission permits.

Measure your own emissions .. no set rules

Self-assessment the Kiwi ETS maxim

20 Mar 2008

A CARBON NEWS INQUIRY SERIES - By Hugh de Lacy: Don’t wait around for the Government to impose overseas standards on carbon assessment and verification: self-assessment is the core theme in the New Zealand emissions trading scheme (ETS), according to Dave Brash, general manager of the Treasury’s Emissions Trading Group.

American ETS cost estimates parallel New Zealand’s

20 Mar 2008

New Zealand seems to be pretty much on the button when it comes to forecasting the costs of its emissions trading scheme (ETS), to judge from the Environmental Protection Agency’s (EPA) guesstimate of the United States model.

The full bill: Climate Change (Emissions Trading and Renewable Preference)

20 Mar 2008

As a service to subscribers, Carbon News provides a full copy of the Climate Change (emissions Trading and Renewable Preference) Bill

Hansard debate record on the first reading of the NZ ETS bill

20 Mar 2008

As a service to subscribers, the Hansard report on the introduction of the bill proposing to introduce emissions trading in new Zealand, and ban new non-baseload thermal generation for 10 years can be viewed here (http://www.parliament.nz/en-NZ/PB/Debates/Debates/d/f/2/48HansD_20071212_00000817-Climate-Change-Emissions-Trading-and-Renewable.htm)

ETS briefing: the digest provided to MPs

20 Mar 2008

As a service to subscribers, Carbon news attaches (../../attachments/docs/bill-digest-1587climatechangeemissionstrading1.pdf) the Digest briefing provided to MPs on the Climate Change (Emissions Trading and Renewable Preference) Bill.

Cullen .. sharemarket losses would pale against unmitigated climate change

No swerving from ETS – Cullen

19 Mar 2008

Finance Minister Dr Michael Cullen's office says he is adamant the global economic downturn will not deflect the Government from its decision to introduce an emissions trading scheme (ETS) this year.

British Columbia Finance Minister Carole Taylor.. personal carbon tax credits .. she hopes will be spent on lowering home emissions

Could Clark deliver a personal climate change tax credit?

19 Mar 2008

Could the Clark Government come up with a one-off cash Climate Action Dividend in this year’s Budget, to offset higher costs people will face to pay for its climate change measures?

Nick Smith ..

Smith reveals National’s goal for integrated trans-Tasman ETS, plans to protect emitting industries beyond 2025

18 Mar 2008

Avoiding a repeat of Labour’s economic strip-tease of the 1980s, and integrating the New Zealand emissions trading scheme (ETS) with Australia’s will be key planks in the National Party’s climate change policy at this year’s general election.

John Key.. balance environmental and economic interests in ETS design

Key backs ETS – with balance

18 Mar 2008

Opposition Leader John Key says his party supports the proposed New Zealand emissions trading system, describing it as “a good model, market-based, it works”. He also talked of further reforming the planning laws so renewable energy projects could proceed.

Peter Neilson... some want a price on carbon without affecting costs

Business leader says to trust prices to look after the environment

18 Mar 2008

Businesses should reinforce their belief in the power of markets to put a price on carbon and take care of the environment.

Government Kyoto forestry negotiating stance revealed

EXCLUSIVE: Government to plead for forest off-setting option

17 Mar 2008

The Government will plead with its Kyoto Protocol partners to introduce forest offsetting to the rules covering the second commitment period from 2012 to 2025, but its chances of success are remote, a well-placed source has told Carbon News.

Clean nuclear.. why not trade its credits here?

Business wants New Zealand to go nuclear on emission credits

17 Mar 2008

Businesses being required to enter New Zealand’s emissions trading scheme want to be able to trade nuclear-sourced emissions credits.

Corporate tax group's views on treatment of New Zealand emission trading units

12 Mar 2008

Inland Revenue is being asked to clarify how emissions trading units, used in the coming New Zealand emissions trading scheme, will be treated. This paper prepared by Deloitte for the Corporate Tax Group (representing 32 major corporations) and submitted to the IRD, sets out the issues – and proposed solutions in how ETUs should be treated for tax purposes.

Energy
More Energy >

Fast, sustained phase-out of fossil fuels: best-performing countries in coal and transport sectors

Thu 10 Jul 2025

By Robert McLachlan | It’s true that climate change is getting worse – it will continue to get worse until emissions fall to near zero. But is action on phasing out fossil fuels really stalling?

Agriculture
More Agriculture >

Clear-sighted view to trade-offs crucial to reimagining our relationship with the land

Mon 7 Jul 2025

By Nick Swallow | COMMENT: New Zealand could see a 70% drop in the value of dairy land if we pursue our emissions targets for agriculture, according to a new report.

Carbon emissions
More Carbon emissions >

Mangroves' overlooked climate role

30 Jun 2025

By Shannon Morris-Williams | New Zealand’s mangrove forests are pulling tens of thousands of tonnes of carbon from the atmosphere each year, yet their climate benefits remain unrecognised in national emissions reporting.

Transport
More Transport >

How flying can be a climate solution

16 Jun 2025

By Paul Callister and Robert McLachlan - Planetary Ecology | How can aviation contribute to tackling climate change when no practicable technology-based solutions are on the horizon?

Forestry
More Forestry >

Emissions Trading Scheme needs deep reform - commissioner

Fri 11 Jul 2025

The government’s attempt to limit forestry conversions on rural land is unlikely to lead to meaningful change, according to the Parliamentary Commissioner for the Environment.

Business
More Business >

NZ Post drops science-based climate target

Tue 8 Jul 2025

By Liz Kivi | NZ Post has dropped its science-based emissions reduction target of 42% by 2030 with no plans to replace it.

More in New Zealand: Politics
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