Topics tagged with 'Tax'
UK must take radical action, warns watchdog
2 Jul 2010
Britain needs to build twice as many wind farms every year, put more than a million electric cars on the road and insulate every home in the country in order to meet ambitious legally binding climate change targets, Government advisers have warned.
Govt fails to provide climate-friendly choices, say Greens
2 Jul 2010
The John Key Government has failed to provide climate-friendly choices to help households avoid the higher costs that could result from their Emissions Trading Scheme, says the Green Party.
Carbon trading heads off oil in Europe
25 Jun 2010
Carbon emissions early this year overtook Brent crude oil to become the largest commodity type traded in Europe.
Taxpayers face $1.1 billion Kyoto liability, say authors
25 Jun 2010
New Zealand’s failure to reduce emissions to its Kyoto Protocol target means the taxpayer still faces a $1.1 billion net liability after all the ETS charges have been paid.
Company tax cut puts $21m on Vector's books
18 Jun 2010
The company tax rate cut from 30 per cent to 28 per cent will provide energy company Vector with a one-off $21 million net profit benefit.
Danes at centre of European tax fraud
18 Jun 2010
A tax scandal rocking the global carbon markets is emanating from Copenhagen, the city that six months ago hosted the world's largest climate summit.
NZUs continue to be well bid
18 Jun 2010
With less than two weeks until July 1, when emitters start coming into the Emissions Trading Scheme, interest in the New Zealand market continues to grow, says broker OMFinancial.
Americans begin to worry again
11 Jun 2010
Public concern about global warming is again on the rise in the United States, according to a survey just released by researchers at Yale and George Mason universities.
US climate bill key to Pacific carbon market
4 Jun 2010
A former New Zealand Government official who chaired some of the meetings at the Copenhagen climate change talks says that a move by the United States into a cap-and-trade scheme could lead to a Pacific-wide carbon market.
...and what Federated Farmers says about sheep farms and the ETS
4 Jun 2010
Federated Farmers says New Zealand will have to sell an extra 4.7 million lambs to offset the cost of the Emissions Trading Scheme.
Obama vows to fight for climate bill
4 Jun 2010
The Gulf of Mexico oil spill should inspire the US to cut its reliance on fossil fuels, President Obama said this week, issuing his strongest promise yet to fight for Senate passage of a climate bill.
Garnaut: Carbon tax better than nothing
21 May 2010
The architect of Australia’s dumped emissions trading scheme has called for an interim carbon tax to be imposed.
Should we have tax cuts or extend emissions subsidies beyond 95%?
14 May 2010
ANALYSIS: Now the Government has shut the front door on delaying the ETS, the country’s largest emitters are knocking on the back one to get more free emission credits.
Australia votes $652m for renewable energy
14 May 2010
Australia has announced a $A652 million fund for renewable energy, two weeks after it shelved its carbon trading legislation.
How Tokyo became first cap-and-trade city
14 May 2010
Seeking to shrink its Portugal-sized carbon footprint, Tokyo has become the first cap-and-trade city.
China looks likely to levy carbon tax
14 May 2010
China is likely to levy a carbon tax, an environmental tax that is paid for carbon emissions, on its enterprises around 2012, in a bid to encourage the country's energy saving and environmentally friendly industries, the daily Economic Information says.
Westpac move signals carbon is growing up
7 May 2010
Westpac has entered the New Zealand carbon market in a move being welcomed as a sign that carbon is becoming mainstream.
Aussie states could run own ETS, says minister
30 Apr 2010
Australian states have been told they could run their own carbon trading scheme, now the Federal Government has postponed its proposed Emissions Trading Scheme.
Proceeding with ETS ill advised, says EMA Northern
30 Apr 2010
The Government should follow Australia's decision and delay the implementing of its emissions trading scheme until they introduce theirs, the Employers & Manufacturers Association (Northern) says.
Suspend the ETS until 2013, says farmers' lobby
30 Apr 2010
Federated Farmers is urging the National-led Government to match the Australian Government's decision to defer its Emissions Trading Scheme (ETS) until at least 2013.
Senators book Earth Day for new energy plan
16 Apr 2010
Senators working on an energy plan for the United States say they are on track to release their proposals on Earth Day, April 22.
Coal the fuel of the future, Congress told
16 Apr 2010
Executives from the world's largest coal companies told Congress yesterday their industry is providing the fuel of the future.
Washington simmers over proposed US fuel tax
9 Apr 2010
A row is brewing in Washington over whether revenue raised through a proposed tax on road fuel should be spent on low carbon projects.
UK poll rivals agree to agree on climate
9 Apr 2010
The three main parties in the UK general election in four weeks agree on at least two things - that humanity is causing global warming and that urgent action must be taken to combat it.
Kiwi dollars might fund overseas research
1 Apr 2010
Part of the $45 million the Government has pledged to the Global Research Alliance on agricultural greenhouse gas emissions could be spent on research in other countries.
Climate change faces the trillion-dollar question
1 Apr 2010
Political and business leaders gather in London today to try to revive the world's faltering challenge to global warming.
Repentant Pachauri slips into neutral
1 Apr 2010
The outspoken chairman of the UN’s climate change body is to adopt a neutral advisory role and has agreed to stop making statements demanding new taxes and other radical policies on cutting emissions.
France bids au revoir to carbon tax
26 Mar 2010
France has abandoned plans to unilaterally introduce a tax on greenhouse gas emissions in a move hailed by industry but criticised by environmentalists.
Battle over California climate law takes shape
19 Mar 2010
The campaign to put suspension of California's climate change law before voters in November started taking shape this week as warring parties revealed key sources of funding and traded barbs over the nature of their financial support.
Arrogance undid Copenhagen summit, says Stern
19 Mar 2010
The "disappointing" outcome of December's climate summit was largely down to "arrogance" on the part of rich countries, according to Lord Stern.
EXCLUSIVE: Why it's not worth planting trees
12 Mar 2010
A consultant is calling on the Government to underwrite the risk of accidental harvest of trees and to guarantee forest owners a minimum price for carbon under the emissions trading scheme.
Big Oil asks Senate for carbon fee on industry
5 Mar 2010
Key United States senators are weighing a request from Big Oil to levy a carbon fee on the industry rather than wrap it into a sweeping cap-and-trade system that covers most of the nation’s economy.
UK adviser calls for carbon tax on China
5 Mar 2010
Britain should consider a carbon tax on imports to help struggling manufacturers, according to one of the government's key advisers, despite fears such a measure could lead to a global trade war.
Houses with low energy efficiency will lose value
5 Mar 2010
British homes with low energy efficiency will lose value under government plans to intervene in the property market to help to cut greenhouse gas emissions from homes by a third by 2020.
Aussie trading scheme bogs down again
26 Feb 2010
The Australian government's emissions trading scheme is again bogged down in parliament and now might not go to a vote in the Senate until May.
Korea floats carbon tax plan ... among others
19 Feb 2010
The Korean government is studying ways to introduce a carbon tax and other strong measures to reduce carbon emissions.
US diddles while China sizzles
19 Feb 2010
By Nick Hodge.- The United States is rarely referred to as a silver-medal nation. But that's exactly what it's becoming with respect to the race for clean energy.
US looks at other ways to limit gas emissions
12 Feb 2010
With climate change legislation all but dead for the year, the United States is looking at scaled down ways to limit greenhouse gas emissions.
How green policies could move UK out of the red
12 Feb 2010
Britain could slash its deficit by £12bn a year by scrapping tax breaks for carbon-intensive industries and halting investment in projects that will increase carbon emissions, according to a new study.
Pachauri toughs it out as pressure grows
12 Feb 2010
A couple of years ago, Rajendra Pachauri seemed destined for a scientist’s version of sainthood.
Personal carbon credit deal earns couple $17
12 Feb 2010
A Pennsylvania couple who invested $58,000 in solar panels have earned the world's first carbon credit for reducing personal emissions … and are $17.20 better off.
Rudd and Abbott trade blows over climate schemes
5 Feb 2010
Australian Prime Minister Kevin Rudd has seized on an admission by a top economist commissioned to cost Opposition leader Tony Abbott's rival climate change plan that the country needs an emissions trading scheme.
UK will pay people for wind and solar power
5 Feb 2010
Britain soon will being paying homeowners who produce low-carbon power such as solar or wind.
Government goes quiet on clean-tech action plea
22 Jan 2010
A group of leading business people pushing for leadership on clean-tech development says Government reaction has been luke-warm.
Aussie Greens want $20b carbon tax to break ETS impasse
22 Jan 2010
The Australian Government has been asked by the Greens to back a $20 billion interim carbon tax proposal to start cutting greenhouse gas emissions.
Come on, Kiwis, let’s ride the green wave
22 Jan 2010
Les Mills International chairman Phillip Mills argues for the benefits of a green economy.
Global ag fund missed opportunity, says Chauvel
18 Dec 2009
National’s announcement of the United States, Canadian and New Zealand financial contributions to a Global Agriculture Fund represents a huge missed opportunity for NZ Inc, Labour’s climate change spokesperson Charles Chauvel says.
Carbon fraudsters rake in billions, say police
11 Dec 2009
Tax fraudsters have targeted the European Union’s carbon emissions trading system, pocketing about five billion euros, the Europol police agency says.
Denmark lures e-car owners with $40,000 tax break
4 Dec 2009
Is saving $40,000 at the showroom enough to get drivers behind the wheel of an electric car?
Farm-level emissions cuts possible, but almost everything stands in the way
18 Dec 2025
By Shannon Morris-Williams | Progress to slash farming emissions is being blocked by limited farmer confidence in mitigation tools, inconsistent engagement, misinformation and a lack of clear policy signals, according to a new report.
State-owned farmer drives profit growth with emissions reductions
19 Dec 2025
By Pattrick Smellie | Government-owned Landcorp, trading as Pāmu, is one-third of the way to meeting its 2031 emissions reduction targets, with five years left to run to cut greenhouse gas emissions by 30.3% against 2021 emissions.
NZ’s government wants tourism to drive economic growth – but how will it deal with aviation emissions?
22 Oct 2025
By Robert McLachlan, Te Kunenga ki Pūrehuroa – Massey University | Following a brief dip during the COVID pandemic, aviation is back in a growth phase.
Air NZ inks deal for its first internationally verified carbon credits
9 Oct 2025
By Liz Kivi | Air New Zealand has committed to buying 8000 tonnes of carbon removals by 2030, in partnership with local native forest investment platform My Native Forest.
‘Cali Fund’ aiming to raise billions for nature receives first donation – of just $1,000
16 Dec 2025
A major biodiversity fund – which could, in theory, generate billions of dollars annually for conservation – received its first donation of just $1,000 in November.
Govt launches strategy backing wood-based heat sector
23 Oct 2025
By Pattrick Smellie | Forestry biomass could replace as much as 40% of fossil fuel-generated process heat by 2050, but access to supply, regulatory settings and business cases for converting to wood-based heat sources are required, the Government says in a series of documents released yesterday.
Climate law change spanner in the works for Waitangi Tribunal Inquiry
19 Dec 2025
By Liz Kivi | The Government’s controversial changes to New Zealand’s legal framework for climate policy have thrown a spanner in the works for a long-running Waitangi Tribunal Inquiry into climate change.
Seven quiet wins for climate and nature in 2025
19 Dec 2025
This year's environmental backdrop is familiar: emissions are rising and nature is continuing to decline. But there have nevertheless been bright spots in 2025.
Govt unveils plans for carbon storage regulations – and ETS rewards
18 Dec 2025
By Liz Kivi | The Government has released plans to regulate carbon capture and storage in natural geological formations, which include Emissions Trading Scheme incentives, with the aim of introducing related legislation in 2026.
Global coal demand hit record high this year but is set to decline by 2030
18 Dec 2025
Global coal demand reached a record high in 2025 but is expected to decline by 2030 as renewables, nuclear power and abundant natural gas squeeze its dominance in power generation.
Investors must support positive climate-tech
28 Nov 2025
OPINION: We need better leadership than the current ‘climate opportunism’ that is rife in the Beehive, and we need to back a marketplace that will make it happen, writes Rob Campbell.
RMA’s successors hinge on two untested bets
17 Dec 2025
Two ideas sit at the heart of the Government’s replacement for the Resource Management Act: regulatory relief and spatial planning.
India at COP30: A mismatch between grandstanding and climate action
11 Dec 2025
Despite India’s attempt to anoint itself as the leader of the developing world, at the COP30 summit, New Delhi’s track record remains contradictory.
Govt warned that scrapping ag emission pricing comes with risks
11 Dec 2025
By Liz Kivi | The Government’s move to halt plans for agricultural emissions pricing without replacing it with any other action will leave New Zealand facing a bigger gap to meet its third emissions budget, Environment ministry officials have warned.
NZ hydrogen regulation to catch up with the world
18 Dec 2025
By Pattrick Smellie | The government has announced a regulatory reset for New Zealand’s emerging clean tech hydrogen sector.
DOC trims costs and winds down jobs for nature
10 Nov 2025
The Department of Conservation (DOC) is entering a new phase of tighter budgets and structural change as it winds down the pandemic-era Jobs for Nature programme and reshapes its operations to absorb long-term cost pressures.
Pacific climate response in question as NZ finance remains unclear
19 Dec 2025
By Shannon Morris-Williams | With New Zealand's $1.3 billion international climate finance commitment set to end with no clarity on what follows, the Auditor-General says oversight of that funding remains patchy and long-term outcomes are unclear.
Transport dominates NZ’s rising consumer emissions
10 Dec 2025
By Shannon Morris-Williams | Transport pollution was the biggest contributor to an increase in New Zealand’s consumption-based emissions in 2023, with emissions from household travel up 12%, and consumption-based emissions totalling 58.3 million tonnes – up 1.6% from the previous year.
Hydrogen emissions are ‘supercharging’ the warming impact of methane
19 Dec 2025
The warming impact of hydrogen has been “overlooked” in projections of climate change, according to authors of the latest “global hydrogen budget”.
RMA to speed up fossil fuel consents
18 Aug 2025
By Liz Kivi | An energy lobby group has welcomed a last-minute amendment to the RMA that puts fossil fuels on the same footing as renewables, however a sustainable energy expert says the move “beggars belief.”
Westpac NZ announces partnership to form Blue Economy hub in Nelson
17 Dec 2025
Media release | Westpac NZ has announced a new three-year partnership with the Nelson Regional Development Agency and Kernohan Engineering to help accelerate the development of a sustainable marine economy – also known as the blue economy.
NZ ‘clearly’ breaching international law on climate – Vanuatu Climate Change Minister
12 Dec 2025
By Liz Kivi | Vanuatu’s Climate Change Minister, Ralph Regenvanu, says New Zealand restarting fossil fuel exploration and subsidies is an obvious breach of international law, exposing the country to international and domestic litigation.
Govt slammed for weakening methane target
15 Dec 2025
By Shannon Morris-Williams The Government has pushed through legislation under urgency to almost halve New Zealand’s 2050 methane target – a move Opposition parties say disregards scientific advice, breaks the country’s hard-won political consensus on climate action, and shifts the burden of higher warming and higher future costs onto the next generation.
COP30 microcosm of difficult geopolitics, says Vanuatu's Climate Minister
15 Dec 2025
By Liz Kivi | Despite ‘intransigent’ states blocking multilateralism and a disappointing official outcome, Vanuatu’s Climate Change Minister Ralph Regenvanu says he left the COP30 climate summit feeling more positive than after previous UN climate conferences.
Hiringa eyes green methanol plant near Whanganui
29 Jul 2025
By Pattrick Smellie | Green hydrogen pioneer Hiringa Energy is deep in planning to develop an “eight-to-nine figure” methanol plant near Whanganui, using a combination of biomass and hydrogen produced using renewable energy.
Insurers welcome govt decision to keep NHC levy unchanged
21 Nov 2025
Media release |The Insurance Council of New Zealand | Te Kāhui Inihua o Aotearoa (ICNZ) has welcomed the Government’s decision to leave the Natural Hazards Commission levy unchanged, amid ongoing concerns around the cost-of-living.
Why I’m not outraged at the Govt’s latest climate backsliding
7 Nov 2025
COMMENT: The Government’s latest climate rollbacks underline New Zealand’s long history of a lack of genuine desire to cut emissions, writes Geoff Bertram.
Three Greenpeace activists removed by police from Fonterra
17 Dec 2025
Media release | Three Greenpeace activists were removed by police from Fonterra’s downtown Auckland offices, following a protest on Monday at the Shareholders’ Fund meeting over the corporation’s role in the contamination of rural communities’ drinking water.
Oil and gas majors would create $78bn more value by stopping exploration
11 Dec 2025
Media release | Ten of the world’s largest oil and gas companies would create significantly more shareholder value by ending exploration and sharply curtailing upstream development, according to new analysis released today by ACCR.
Wetlands and biodiversity at risk as mining rules loosen: Greenpeace
19 Dec 2025
By Shannon Morris-Williams | Greenpeace says Government changes to national direction instruments under the RMA paves the way for mining in wetlands and biodiversity hotspots and will expose some of Aotearoa’s most fragile ecosystems to irreversible damage.
NZ could become ‘dumping ground’ for dirty vehicles: Commissioner
16 Dec 2025
By Liz Kivi | Simon Upton, Parliamentary Commissioner for the Environment, has warned the Government that its changes to the clean car standard could turn the country into a dumping ground for high emitting cars, making future emissions budgets harder to achieve.
NZ's latest climate target 'weak' – Climate Action Tracker
24 Jun 2025
By Shannon Morris-Williams | New Zealand's new international climate target to 2035 is weak, and could even allow for higher emissions than the 2030 target, according to a global scientific project that tracks government climate action.
Offshore windfarms enhance function of coastal waters and diversity of aquatic life
19 Dec 2025
Media release | A study conducted by researchers from Murdoch University in Australia and Dalian Ocean University in China has found that offshore windfarms can improve marine ecosystems and diversify aquatic food chains.
‘A shift no country can ignore’: where global emissions stand, 10 years after the Paris climate agreement
16 Dec 2025
The watershed summit in 2015 was far from perfect, but its impact so far has been significant and measurable.
Govt consulting on Pacific Resilience Facility
12 Dec 2025
The Foreign Affairs, Defence and Trade Committee is calling for submissions on its international treaty examination of the Agreement to Establish the Pacific Resilience Facility.
Govt green lights rural recycling scheme
4 Dec 2025
The Government has approved new regulations to bring rural waste schemes under one unified framework.
KiwiRail pauses coal trains amid rising climate protests
9 Dec 2025
By Shannon Morris-Williams | Climate activists are ramping up actions this week, with a Christchurch protest leading to KiwiRail pausing some coal train operations on Saturday, and another protest against the Fast-Track Amendment Bill planned for parliament today.
Straterra has a new name: the New Zealand Minerals Council
16 Apr 2025
Media release | Straterra has been renamed as New Zealand Minerals Council, says chief executive Josie Vidal.
Could tidal energy one day power NZ?
18 Dec 2025
By Shannon Morris-Williams | New research suggests Aotearoa holds some of the world’s strongest tidal-stream energy potential – enough to generate up to 93% of today’s electricity use – but one expert cautions that extracting energy at such a scale could have significant impacts and remains highly uncertain.
NZ could lose nearly all glaciers this century without stronger climate action
16 Dec 2025
New Zealand could see 97% of its glaciers vanish by 2100, with new international modelling projecting a rapid acceleration in glacier extinction from the 2030s onward – even under lower-warming scenarios.
Last minute change to oil and gas legislation over cleanup costs
31 Jul 2025
By Liz Kivi | The government is expected to repeal the oil and gas ban today, with a last-minute amendment handing discretionary power to two ministers over the controversial issue of decommissioning.
The surprisingly convincing case against cars
19 Dec 2025
Life After Cars dares to imagine how different, and enriching, a car-free world could be.
Kaicycle celebrates ten years of collective climate action in Pōneke
14 Nov 2025
Media release: Kaicycle | Since 2015, Kaicycle has grown from a humble pilot project growing kai and collecting compost on bicycles into the thriving urban farm and composting hub that Wellingtonians know and love.
Heatwaves, downpours and droughts – Auckland on track for more extreme weather
1 Dec 2025
By Shannon Morris-Williams | New projections show Auckland will face more heatwaves, heavier downpours, worsening droughts and growing coastal threats as climate extremes intensify, according to a new report from Earth Sciences New Zealand.
NZ just had its hottest spring in at least 116 years
10 Dec 2025
By Shannon Morris-Williams | This year New Zealand had its hottest spring since records began, with widespread heat, rainfall extremes and destructive wind driven by sudden stratospheric warming.
Media round-up
12 Dec 2025
In our round-up of climate coverage in local media: Another offshore wind firm exits New Zealand over a clash with seabed mining; Fonterra falls behind on its climate goals as farm emissions remain flat; and the businesses trapped by the gas 'death spiral'.
