Topics tagged with 'Tax'
Cleantech bigger money-maker than the internet
27 Nov 2009
By Nick Hodge - The billionaire venture capitalist John Doerr says cleantech is the largest economic opportunity of the 21st century.
ETS changes mean tomorrow's NZers will pay 84 per cent of Kyoto costs, says council
23 Nov 2009
The Sustainability Council is sticking by its claim that amendments to the emissions trading scheme will mean that tomorrow’s New Zealanders will have to pay for today’s greenhouse gas emissions.
Australia, US woo NZ biofuel pioneer
20 Nov 2009
A New Zealand pioneer in making bio-oil from algae is considering quitting the country.
IN THE HOUSE: Maori Party ETS deal
20 Nov 2009
Parliament yesterday discussed the potential impacts of the emissions trading scheme on Maori.
Forum: Taking agriculture forward with the Emissions Trading Scheme
20 Nov 2009
Climate Change Issues Minister Nick Smith speaks to the Federated Farmers National Council Meeting in Wellington yesterday.
Maori health will be hit hard, say MPs
20 Nov 2009
Lower income Maori households will be amongst the hardest hit by the emissions trading scheme deal, because they will be forced to pay more taxes to subsidise big polluters while much- needed social spending is slashed, say Labour MPs Charles Chauvel and Mita Ririnui.
Next steps will depend on Maori Party bottom line
16 Nov 2009
ANALYSIS. – The backroom deal with the Maori Party will determine if changes to ETS law get through Parliament.
Harmonisation not the way, says expert
16 Nov 2009
An international expert on emissions trading says that detailed harmonisation of the New Zealand scheme with that of Australia is not necessary or desirable.
Britain to build 10 nuclear power stations
13 Nov 2009
Britain will build 10 nuclear power stations to supply up to 25 per cent of the country’s energy needs.
Campaigners call carbon markets corrupt
6 Nov 2009
The world's carbon trading markets’ growing complexity threatens another "sub-prime" style financial crisis that could again destabilise the global economy, campaigners have warned.
Emissions trading doesn’t work, says scientist
6 Nov 2009
A government scientist has spoken out against Australia’s Carbon Pollution Reduction Scheme, saying carbon trading and offset schemes appear ineffective in terms of reducing greenhouse gases.
Forum: Why must New Zealand adopt the limitations of the Australian CPRS, asks EITG's Richard Hayes
6 Nov 2009
Cabinet minutes from the September 14 have some sobering news for forest owners thinking of selling credits off shore by converting NZU units to international government compliance assigned amount units (AAU) units.
Sydney drags chain in Asian carbon-hub race
30 Oct 2009
Sydney might be the loser as Hong Kong, Beijing and Singapore gear up to be the Asian hub of carbon trading.
Climate change turmoil poses security risks
30 Oct 2009
An island in the Indian Ocean, vital to the US military, disappears as the sea level rises … rivers critical to India and Pakistan shrink, increasing military tensions in South Asia … drought, famine and disease forces population shifts and political turmoil in the Middle East.
Hide hacks at ETS policy management – tied bill voting more likely
23 Oct 2009
Act party leader Rodney Hide says the process of establishing the ETS is “shot through with lobbying, unprincipled deal-making and divergent treatment of different economic activities”.
Chauvel to energy leaders: ETS changes too generous to last
23 Oct 2009
It’s unfair to business to give large concessions and subsidies that won't last.
Tourism could be climate victim, UN warns
23 Oct 2009
Rising sea levels could inundate coastal holiday spots while melting snow caps could spell an end to ski resorts, the UN World Tourism Organisation has warned.
Push to exempt Australian farmers from carbon laws
16 Oct 2009
The Australian government will be asked to exempt farmers from carbon trading in order to pass landmark emissions laws through parliament under changes this week being pushed by opposition lawmakers.
Was National pretending to deal with Labour?
9 Oct 2009
Had National already decided what ETS changes it wanted while still outwardly wanting a deal with Labour?
Smelter might suffer under Aussie rules
9 Oct 2009
New Zealand operations powered by renewable energy - like the Rio Tinto aluminium smelter at Bluff - could be disadvantaged by plans to calculate average emissions levels with Australia under a new intensity-based scheme.
COMMENT: Are farmers still denying climate change?
9 Oct 2009
On September 4, 2003, Federated Farmers led hundreds to the steps of Parliament to oppose paying for research into reducing greenhouse gas emissions.
Forget ‘cap and trade,’ it's now all about PRI
2 Oct 2009
US Senate Democrats tried out a new catch phrase yesterday to sell their global warming bill: pollution reduction and investment, or PRI.
Back our bill, pleads 'proud' climate minister
23 Sep 2009
Climate Change Issues Minister Nick Smith says that National has delivered on its election promise to amend the emissions trading scheme.
Airlines plan to halve emissions by 2050
23 Sep 2009
The world’s airlines have unveiled plans to halve emissions by 2050, to fend off calls for new taxes on flying and criticism that they are failing to act quickly enough in the fight against climate change.
Shipowners back expensive global trading net
23 Sep 2009
Shipowners are backing a global carbon trading scheme that could add as much as £5.4 billion in extra cost on to maritime transport and push weaker shipping companies out of business.
EU lists industries exempted from carbon trading
23 Sep 2009
The European Union has agreed on a list of industries ranging from plastics manufacturing to iron and food processing that will be largely exempted from CO2 trading after 2013 for fears that their inclusion would move production abroad.
FORUM: ETS is farmers' ball and chain
23 Sep 2009
Dr Peter Amer, of AbacusBio, says there are opportunities for farmers in the ETS.
No-deals Nats would have gone for a carbon tax
18 Sep 2009
The Government was apparently prepared to scrap the emissions trading scheme in favour of a carbon tax if it couldn’t get the support it needed to amend the current scheme.
IN THE HOUSE: Deal with Maori under scrutiny
18 Sep 2009
Questions over the deal between the National and Maori parties have dominated environmental debates in Parliament this week.
EXCLUSIVE - The "Dear Lucy" deal e-mail from Labour to National
14 Sep 2009
Carbon News has an e-mail sent Monday morning from Labour's climate change negotiator to Minister Nick Smith.
Confident Labour sits in ETS driving seat
11 Sep 2009
Talks over the future of the emissions trading scheme are on again, with Labour sending strong signals that it feels in the driving seat.
Sarkozy sets carbon tax to 'save human race'
11 Sep 2009
French President Nicolas Sarkozy has vowed to lead the fight to "save the human race" from global warming, launching a carbon tax to encourage families and industry to cut their use of fossil fuels.
Irish might need cow tax to meet EU targets
11 Sep 2009
The Irish Government might have to introduce a “cow tax” to help it to meet new tough targets for reducing greenhouse gas emissions laid out in the European Union’s climate change strategy.
EU plans fix to carbon tax fraud threat
11 Sep 2009
The European Commission will propose a temporary solution to the threat of tax fraud in the European carbon emissions market later this month
Prepare to pay extra $120 in airfare pollution charges to Europe
4 Sep 2009
Including aviation in the European ETS could mean a pollution charge of about $120 on long haul flights to New Zealand.
French carbon tax debate turns toxic for Sarkozy
4 Sep 2009
French President Nicolas Sarkozy's plan for a carbon tax on fuel has threatened to backfire as critics slammed it as unfair and his own camp fretted it will anger voters already hit by the crisis.
All sectors, all gases the way to go, says ETS report
31 Aug 2009
Climate change is probably true and an all-sectors, all-gases emissions trading scheme is the best option for New Zealand, says the committee set up to review the scheme.
National's best ETS bet is deal with Labour
31 Aug 2009
The Labour Party is looking like the Government’s most likely emissions trading scheme partner.
Report lists 34 ways to shape our carbon future
31 Aug 2009
The Emissions Trading Scheme Review Committee has made 34 recommendations about New Zealand’s response to climate change and the shape of the emissions trading scheme.
Dunne: A middle road through complex issues
31 Aug 2009
The Emissions Trading Scheme Select Committee review has demonstrated strong support for such a scheme and gives the Government the platform it needs to develop its position for the upcoming Copenhagen climate change conference, committee chairman Peter Dunne said today.
Farmers: Report is a loaded gun at our heads
31 Aug 2009
Farmers are reacting angrily to news that a parliamentary select committee thinks that agriculture should be part of the emissions trading scheme.
ETS review body to report next week
21 Aug 2009
The select committee reviewing the emissions trading scheme will release its long-awaited report next week.
ETS deal hangs on Key's response to Goff
21 Aug 2009
National is having significant difficulty delivering the “broad-based political support” sought for an amended ETS by its Climate Change Issues Minister.
Australia better off with carbon tax, says oil giant
21 Aug 2009
Exxon Mobil, the world’s biggest publicly traded oil company, says a tax on carbon in Australia would be a better method to reduce greenhouse-gas emissions blamed for global warming.
Smith hopes ETS will please everyone
21 Aug 2009
The Minister for Climate Changes Issues has told business leaders he hopes for a settled emissions trading scheme attracting broad political sign up.
Business warns extra assistance to emitters could equal another round of tax cuts
14 Aug 2009
Adjusting assistance to large emitters in New Zealand to Australia's proposed levels could cost the equivalent of another round of tax cuts.
Copenhagen is 10-times bigger than Kyoto for business
14 Aug 2009
By Alex Koyfman. - What few understand today is that climate change is actually one of the most significant drivers of the economy that we're likely to see in our lifetimes.
How green Denmark got ahead of the pack
14 Aug 2009
In December, all eyes will be on Copenhagen as world leaders gather to negotiate a new international climate change agreement. But how green are the Danes themselves.
ANALYSIS: Now it comes down to the ETS deal for agriculture
10 Aug 2009
The Government has pretty cunningly positioned itself in its first emissions reduction target offering.
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.
