Topics tagged with 'Tax'
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?
Australian scientist quits over ETS 'censorship'
4 Dec 2009
A senior Australian environmental economist has resigned after saying his criticism of the emissions trading scheme was censored.
Hutt City Council slashes gas emissions
Mon 3 Nov 2025
By Shannon Morris-Williams | Hutt City Council is set to cut its gas emissions by 60% by 2026 as it speeds up phasing out fossil fuels from public facilities.
Govt delays will damage carbon market confidence, experts warn
Tue 4 Nov 2025
By Liz Kivi | Emissions Trading Scheme experts have warned the Government that its move to delay decisions on the country’s emissions budgets will further undermine confidence in an already weak carbon market.
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.
Celebrities slam mining plans
28 Oct 2025
Actor Sam Neill has slammed plans for a gold mine in Otago, while Denniston Rose author Jenny Pattrick is backing a petition that would stop a coalmine on the West Coast.
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.
Carbon price drops, now trading 30% below auction floor
Mon 3 Nov 2025
By Liz Kivi | Secondary carbon market prices took a sharp downward turn last week, with traders blaming a continued lack of interest from buyers.
Brazil opens three weeks of COP30-linked climate events
Tue 4 Nov 2025
Brazil on Monday opens three weeks of events linked to the COP30 climate summit, hoping to showcase a world still determined to tackle global warming
‘Plain old dull’: NZU market continues to limp sideways
24 Oct 2025
By Liz Kivi | The NZU market has been “plain old dull” in recent months, with activity driven mainly by credit opportunities or a specific need to raise cash, according to Lizzie Chambers of trading platform Carbon Match.
Scrutiny on energy security
Mon 3 Nov 2025
A special debate in Parliament put the Government’s energy security agenda under scrutiny, with parties splitting sharply over the role of gas, the place of an LNG import terminal, and how far to push market reform to ease pressure on power bills.
'Little to be hopeful about' – NZ scientists caution ahead of COP30
Fri 31 Oct 2025
By Shannon Morris-Williams | Record heat, worsening climate impacts and global backsliding on emission reduction commitments have left some New Zealand climate experts with little optimism as COP30 approaches.
$235 billion worth of NZ buildings exposed to flooding
Thu 30 Oct 2025
More than 750,000 New Zealanders live in locations exposed to one-in-100-year floods, according to a nationwide study which shows escalating flood risk.
No high-level US representatives will go to UN climate talks, Trump officials say
Mon 3 Nov 2025
Decision to stay away from Cop30 meeting in Brazil underscores administration’s hostility to climate action.
Lake Onslow battery project set for revival?
29 Oct 2025
A newly formed private consortium has emerged with plans to finance and build the massive Lake Onslow pumped-hydro project, despite the coalition government’s decision to abandon the scheme.
From nuisance to crisis: New report on pest wasps In Aotearoa
24 Sep 2025
Media release: Moths and Butterflies NZ Trust | Just published is the Final Report of the Pest Wasps Survey carried out by the Moths and Butterflies of NZ Trust (MBNZT) offering a comprehensive look at New Zealanders’ awareness, experiences, and attitudes toward wasps and the growing ecological, health, and social issues associated with them.
Hawke’s Bay Regional Council welcomes new flood data
Mon 3 Nov 2025
Media release | Hawke’s Bay Regional Council welcomes the release of the National Flood Tool and accompanying data by Earth Sciences New Zealand. This is an important contribution to understanding the impacts of climate change for New Zealand.
NZ marine heatwaves could double in intensity under high-emissions pathway
16 Oct 2025
By Shannon Morris-Williams | New projections show marine heatwaves will grow more intense around the North Island and more frequent around the South Island as the climate warms – raising risks for fisheries, aquaculture, coastal ecosystems and tourism.
Media round-up
Fri 31 Oct 2025
In our round-up of climate coverage in local media: A controversial seabed mining project could lead to sediment flows knocking over rigs and damaging wind turbines; weather-related insurance claims climb; and is the government playing Russian Roulette with our future over methane targets?
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.”
Bank of England must better address climate risk to tackle inflation
Tue 4 Nov 2025
The central bank is being urged to take a series of actions to better respond to environmental risks.
No major banks have yet committed to stop funding new oil, gas and coal, research finds
24 Oct 2025
‘The objectives of the Paris agreement are slipping further out of reach,’ say researchers.
Z Energy settles greenwashing case over ‘quitting petrol’ claims
Tue 4 Nov 2025
By Shannon Morris-Williams | Z Energy has settled a landmark greenwashing case over claims it misled the public about moving away from petrol – a result Lawyers for Climate Action NZ says delivers long-overdue accountability.
Coal imports up 650%
12 Sep 2025
By Shannon Morris-Williams and Liz Kivi | Coal imports are up 650% as generators stockpile the most polluting fossil fuel ahead of next winter.
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.
Vero warns losses to rise 26% by 2050 over extreme weather
29 Oct 2025
By Shannon Morris-Williams | Extreme weather could drive a 19–26% spike in annual insurance losses by 2050, fuelled by rising seas and more intense flooding, according to Vero’s latest Climate-Related Disclosures Report.
Will NZ walk away from the Paris Agreement?
20 Dec 2024
By Geoff Bertram | COMMENT: Unless the government can find very cheap offshore mitigation, the temptation to walk away from its Paris Agreement obligations may well be too strong to resist for a coalition government focused on fiscal austerity.
Judge says Greenpeace must pay $345 million in pipeline lawsuit, cutting jury amount nearly in half
Fri 31 Oct 2025
A North Dakota judge has ordered Greenpeace to pay damages of $345 million, reducing an earlier jury award after it found the environmental group and related entities liable for defamation and other claims in connection with protests of an oil pipeline nearly a decade ago.
Nelson commuters urged to ditch car once a week
22 Oct 2025
By Max Frethey, Local Democracy Reporter | Nelson has a bold carbon emission reduction target and residents are being encouraged to leave the car at home one day a week to help meet it.
Global oil demand won't peak until 2032, Wood Mackenzie report says
Fri 31 Oct 2025
“Global oil demand will not peak until 2032, two years later than earlier thought, consultancy Wood Mackenzie said in a report on Wednesday that blames continued momentum in the use of hydrocarbons for transport and petrochemicals.”
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.
Climate impacts hit NZ with increasing wild weather
23 Oct 2025
By Liz Kivi | New Zealand is facing a triple whammy of climate impacts today, with severe winds and rainfall predicted for much of the country while some areas are still dealing with wildfires ignited earlier in the week.
Ardern: 'We must not give up on 1.5'
Fri 31 Oct 2025
By Shannon Morris-Williams | Former prime minister Dame Jacinda Ardern says the world must not abandon the Paris Agreement’s 1.5°C goal, warning that a decade on from COP21 “too many of the debates we thought were settled are still being had.”
Carbon Finance Program upscales efforts to close climate investment gap in climate vulnerable nations
22 Oct 2025
Media release | The Climate Vulnerable Forum and its V20 Finance Ministers (CVF-V20) will work with the Voluntary Carbon Markets Integrity Initiative (VCMI) to upscale the Carbon Finance Program in reach and impact, supporting more climate-vulnerable countries to host high-integrity carbon projects that yield tangible climate, nature, and sustainable development benefits.
Lobby group launches ‘blueprint’ for ocean management reform
18 Sep 2025
The Environmental Defence Society yesterday released its plan to tackle widespread ecological decline in our oceans.
Experts warn new science curriculum sidelines climate urgency
Mon 3 Nov 2025
Climate change education has been pushed too late and too lightly in the Government’s draft science curriculum, experts say, with students not formally learning about climate change until Year 10.
Judge dismisses suit by young climate activists against Trump’s pro-fossil fuel policies
17 Oct 2025
Plaintiffs had ‘overwhelming evidence’ of climate crisis but a court injunction would be ‘unworkable’, ruling says.
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.
Here comes the sun: solar surge gathers pace
Tue 4 Nov 2025
More than $700 million of new solar investment advanced last week, underscoring the pace of the renewable buildout.
AgriZero backs Aussie IVF innovator
Mon 3 Nov 2025
By Pattrick Smellie | The NZ government-led low carbon agriculture consortium AgriZero has invested A$1.5 million (NZ$1.7m) in a Queensland-based start-up looking to bring down the cost of inserting fertilised embryos into livestock.
Climate scientists and republican lawyers are taking aim at Big Tech’s emissions
17 Oct 2025
Technology companies have long been one of the biggest investors in clean energy, but new accounting rules could upend that.
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.
How ‘vehicle-to-grid’ technology could boost China’s electricity system
Fri 31 Oct 2025
China’s surging electric vehicles ownership – now exceeding 25.5m – is opening the door to a new technology that can help to enhance the flexibility of electricity supply.
Fix it, don't ditch it: University of Auckland hosts first Repair Cafe
9 Oct 2025
Media release - Auckland University | The University's first-ever Repair Cafe is bringing students and staff together to give broken items a new lease on life, while promoting a culture of repair and reuse.
Council buys dairy farm to help clean up Lake Rotorua
21 Oct 2025
Bay of Plenty Regional Council has bought a 266-hectare dairy farm in the Lake Rotorua catchment and plans to retire it from production to reduce nitrogen entering the lake.
Adaptation plan at odds with public sentiment: survey
21 Oct 2025
By Liz Kivi | The Government’s position on climate adaptation buyouts shows a disconnect with public opinion, according to survey findings from insurer Suncorp NZ.
‘Damp squib’ – Govt energy plan slammed for locking in fossil fuels
2 Oct 2025
By Shannon Morris-Williams | Critics across business, climate groups and the opposition say the Government’s electricity reforms duck structural change, double down on LNG and gas, and offer little relief for soaring power prices – warning of an “expensive white elephant", deeper energy poverty and a missed chance to scale renewables.
