Topics tagged with 'Tax'
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.
ETS unsettled as NZ packs for Bonn talks
7 Aug 2009
The future of New Zealand’s emissions trading scheme remains up in the air as the Government heads to the Bonn climate change talks.
France faces internal fight over carbon tax
31 Jul 2009
France should aim to introduce a tax on carbon dioxide emissions by 2010 to help to fight global climate change, says a panel advising the government.
Governments must vote in favour of moratorium on deep sea mining
Tue 29 Jul 2025
Media release - Greenpeace | The 30th session of the International Seabed Authority (ISA) has ended with Greenpeace saying governments are continuing to fall short in protecting the deep sea.
Does NZ need a national incentive scheme for wetlands?
Fri 25 Jul 2025
By Liz Kivi | An expert is calling for a national incentive programme to restore New Zealand’s wetlands and wants to stop schemes to drain these vital carbon-sequestering ecosystems.
NZ Post drops science-based climate target
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.
Airlines risk legal challenges by advertising jet fuel as “sustainable”, NGO warns
18 Jul 2025
Amid suspected fraud in the production of sustainable aviation fuel (SAF), a new report says the airline industry should stop calling all alternatives to kerosene “sustainable”.
Challenges persist in bid to mine the deep sea, even after boost from Trump
Tue 29 Jul 2025
After years of delay, the deep-sea mining plans of Canadian firm The Metals Company (TMC) now appear to be progressing as it pursues a controversial new path to securing a license to mine in international waters under U.S. jurisdiction.
Sustainability claims questioned as renewable diesel surges
14 May 2025
Critics are sceptical about industry claims of renewable diesel life-cycle greenhouse gas emission cuts and warn renewable diesel carbon releases will surge if sourcing is scaled up, triggering tropical deforestation as producers convert forests to energy crops, such as oil palm and soy.
Is extending Huntly power station to 2035 in consumers’ best interest?
22 Jul 2025
By Simon Orme | COMMENT: Genesis Energy is proposing a cartel to keep high-emitting Huntly Power Station in business to 2035. If extending Huntly has economic benefits, is a cartel necessary?
Trump administration moves to repeal scientific declaration on dangers of greenhouse gases
Today 10:45am
In one of its most significant reversals on climate policy to-date, the Trump administration on Tuesday proposed to repeal a 2009 scientific finding that human-caused climate change endangers human health and safety.
Bearish sentiment lingers for carbon market
11 Jul 2025
By Liz Kivi | The compliance carbon market could be set for a gradual upward trajectory, however unsold volume from the quarterly Emissions Trading Scheme auctions continues to act as ‘a price ceiling,’ according to an expert.
Multi-day protest continues at coal mine
Wed 30 Jul 2025
Bathurst Resources has been forced to truck coal from its Stockton mine as climate activists occupy coal buckets at the mine for a third day.
Forestry can be a big plus for sheep and beef farmers – but there are caveats
22 Jul 2025
By Keith Woodford | OPINION: These are good times for sheep and beef farmers with record product prices for meat, which is precisely why now is the time for sheep and beef farmers to be looking again at farm forestry.
Common low-grade clay strengthens low-carbon concrete
5 Jun 2025
Media release | Engineers at RMIT University have converted low-grade clay into a high-performance cement supplement, opening a potential new market in sustainable construction materials.
Cuts to climate finance put exports in jeopardy: Lawyers
23 May 2025
By Liz Kivi | The government has halved international climate finance, a move aid organisations describe as “devastating,” and which lawyers say could put our Paris Agreement commitments and export market access at risk.
NZ voluntary carbon market’s sad state
14 Jul 2025
By John O’Brien | OPINION: A combination of scandals, challenging economic times, and cheaper offshore carbon credits, mean that the domestic voluntary carbon market in New Zealand remains absolutely tiny.
A modest geothermal strategy
Today 10:45am
By Pattrick Smellie | The Government has unveiled a far more modest geothermal energy strategy than its primary backer, Resources Minister Shane Jones, had sought.
Key orange roughy population on verge of collapse, govt considers closure
9 Jul 2025
Media release - Deep Sea Conservation Coalition | New data reveals that New Zealand’s main orange roughy fishery, accounting for half of the country’s total catch, is on the brink of collapse, with one model showing it may have reached that point already, and the government’s considering closing it.
2025 on track to be second or third warmest year on record
Today 10:45am
As it passes its midway point, 2025 is on track to be the second or third warmest year on record. However, it is very unlikely to beat 2024 as the hottest year.
Latest trawl bycatch numbers 'a grim wake-up call'
24 Jun 2025
Media release – Greenpeace | The latest fisheries bycatch data paints a grim picture, with trawlers hauling up thousands of kilograms of coral and killing hundreds of fur seals and seabirds over a 12 month period.
Wilding pines threaten Molesworth Station
Mon 28 Jul 2025
By Shannon Morris-Williams | Without increased support, the unchecked spread of wilding pines will continue to creep across Marlborough’s high country – putting iconic landscapes and one of New Zealand’s top five biodiversity hotspots at serious risk, according to an expert.
Last minute change to oil and gas legislation over cleanup costs
Today 10:45am
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.
Watts talks big on energy reform, but barriers persist
29 May 2025
By Shannon Morris-Williams | Energy and Climate Change minister Simon Watts says the government is doubling down on efforts to boost renewable energy generation, streamline regulation, and drive private sector investment as New Zealand faces mounting energy security and affordability challenges.
European Central Bank to consider 'climate factor' when lending to banks
Today 10:45am
The European Central Bank will add climate change considerations to its lending operations from late 2026, raising pressure on banks to channel financing towards greener sectors as the euro zone seeks to reduce its carbon footprint.
NZ part of hidden global deep-sea network beneath the waves
Fri 25 Jul 2025
Media release - Earth Sciences New Zealand | A world-first study of marine life, including sea creatures found in New Zealand's dark, cold, pressurised ocean depths, has revealed that deep-sea life is surprisingly more connected than previously thought.
‘Ideological sludge’: How NZ is quiet quitting climate action
17 Jul 2025
New Zealand once stood out as a world leader on climate change. In June it became the first country in the world to abandon a commitment to phase out oil, gas and coal.
Methanex closure comes early this year
14 May 2025
The almost-now-annual closure of Methanex has come earlier this year, giving more confidence that the electricity system will get through the winter without a fuel shortfall.
Hiringa eyes green methanol plant near Whanganui
Tue 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.
Climate catastrophes are creating a ‘new market reality’ for insurance carriers
23 Jul 2025
Raging wildfires and severe storms contributed to record-high global insurance losses — totalling an estimated US$84 billion — for the first six months of the year.
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.
The ICJ’s ruling means Australia and other major polluters face a new era of climate reparations
Fri 25 Jul 2025
By Harj Narulla | OPINION: Australia has found itself on the wrong side of history.
Fund for low emissions transport winds up
Today 10:45am
New Zealand’s Low Emission Transport Fund has officially wrapped up, ending a nine-year programme that put hundreds of millions of dollars towards accelerating the country’s shift to cleaner transport.
Urgent action needed to get on track for climate goals - commission
Fri 25 Jul 2025
By Shannon Morris-Williams | New Zealand is making progress on reducing greenhouse gas emissions, but more work is needed – urgently – to set up for future reductions, according to the latest report from the Climate Change Commission.
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.
Toxic algae are turning South Australia’s coral reefs into underwater graveyards
Tue 29 Jul 2025
Since March, a harmful algal bloom, fueled by a marine heat wave, has been choking South Australia’s coastline.
NZ govt’s fossil fuel plans could break international law
24 Jul 2025
By Liz Kivi | The government could be breaching international law with its plans to subsidise and expand fossil fuel extraction, following a ruling overnight from the world’s highest court.
Tipping points: Window to avoid irreversible climate impacts is ‘rapidly closing’
11 Jul 2025
In the midst of a record-breaking heatwave in Europe, the UK city of Exeter recently played host to the second international conference on “tipping points”.
‘Total infiltration’: How plastics industry swamped vital global treaty talks
Mon 28 Jul 2025
Petrostates and well-funded lobbyists at UN-hosted talks are derailing a deal to cut plastic production and protect people and the planet.
Media round-up
Fri 25 Jul 2025
In our round-up of the climate coverage in local media: Dairy conversions surge; Gore is hit with a drinking water crisis; meanwhile farming lobby groups Groundswell and Federated Farmers are up in arms about a plan to classify environmental impacts in the agriculture and forestry sector.
The EU’s ‘fantasy’ $750B energy promise to Trump
Today 10:45am
The EU has narrowly avoided a full-blown trade war with Donald Trump by pledging to buy $750 billion of U.S. oil and gas by the end of his term. But achieving that will be almost impossible.
Activists sue US development bank over $4.6bn loan to massive Mozambique gas project
18 Jul 2025
Environmental groups claim loan is ‘unlawful’ in legal filing.
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.
Tilting at windmills? Trump’s claims about turbines fact-checked
Today 10:45am
The US president has taken a swipe at wind power as the blades visible from his Turnberry golf course turn.
Ocean heatwaves may signal climate tipping point
Fri 25 Jul 2025
A recent study that tapped into satellite data has revealed that 2023 marked an unprecedented year for marine heatwaves, with record-breaking levels of duration, reach and intensity across the world's oceans.
Can robot taxis solve NZ's transport woes?
23 Jul 2025
By Shannon Morris-Williams | The Ministry of Transport has tested the idea of driverless taxis as a futuristic fix. But while new modelling explores how "robotaxis" could ease congestion and reduce car ownership, critics say it misses a crucial point – the country’s worsening transport emissions.
United Nations carbon market rules agreed but concerns remain
25 Nov 2024
New carbon market rules agreed at the fractious UN climate summit will be a relief to New Zealand and Singapore, who were leading the negotiations, but concerns about greenwashing and disadvantaging nature-based solutions remain.
EV sales fall, but it’s complicated
Tue 29 Jul 2025
Imports of fully electric vehicles fell over 50% in value during the 12 months to June 2025, compared with the year ended June 2024, according to Stats NZ.
Waste Levy risks becoming ‘slush fund’ under proposed changes – Commissioner
5 Jun 2025
By Shannon Morris-Williams | Proposed changes to New Zealand's waste legislation risk undermining public trust in the waste levy scheme, according to Parliamentary Commissioner for the Environment Simon Upton.
The struggle for control of the Arctic is accelerating - and it's riskier than ever
11 Jul 2025
As the battle for one of the world’s coldest places heats up, an increasingly fragile security balance may be breaking down, leading to an escalating arms race.
UN University report warns against carbon credits from REDD, tree planting, and improved forest management
13 Jun 2025
But the report stops short of recommending banning the trade in carbon temporarily stored in trees.
For the first time, China invests more in wind and solar than coal overseas
29 May 2025
China’s Belt and Road Initiative, long derided for its heavy carbon footprint, was dominated by wind and solar power projects for the first time from 2022 to 2023, according to a new analysis. But coal plants financed in earlier years are still coming online.
