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Topics tagged with 'Tax'

More in: Tax
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Costs of emissions cuts most likely overstated - report

31 Jul 2009

A carbon price of $100 to $200 per tonne is being assumed to generate estimates that New Zealand households will face a $3000-a-year bill for cutting emissions by 15 per cent, says the Business Council for Sustainable Development.

Business backs 20% emissions cut target

31 Jul 2009

The New Zealand Business Council for Sustainable Development has advised the Government to set a unilateral target to cut greenhouse gas emissions by 20 per cent by 2020.

Peter Neilson ... other sectors will need 100% emissions cut by 2050 if agriculture exempted

Forum: Excluding agriculture from ETS neither principled nor smart

24 Jul 2009

New Zealand asking to exempt agriculture from the scheme to replace the Kyoto Treaty, is as credible as Saudi Arabia asking for the exemption of oil.

Colin James

Unique online consulation confirms multi-party deal desire

24 Jul 2009

The Government's unique online consultation on New Zealand's emissions target took 70 minutes and six seconds.

Dutch act on tax fraud in carbon market

17 Jul 2009

"Clear indications" of fraudulent activity in the Dutch carbon emissions market has forced the Ministry of Finance to take steps to prevent value-added tax fraud.

Carbon scheme ripe for fraud, says Aussie expert

17 Jul 2009

Australia’s proposed carbon trading scheme is ripe for fraud and companies are set to be hit with class actions by activist groups because they are not adequately protected by proposed laws, a climate change expert has warned.

Tetsuro Fukuyama ... promises 25 per cent cuts.

Japan opposition eyes bolder emissions cuts

17 Jul 2009

Japan's main opposition party will adopt bolder greenhouse gas cuts than the government by using the global emissions market and increasing green jobs if it wins an upcoming election, the party's head of green policy said.

Accountants the winners as carbon economy grows

10 Jul 2009

As a carbon-trading economy gathers steam in the United States, the accounting industry is expected to profit handsomely.

Let’s get inventing, says climate report

10 Jul 2009

The fight against climate change would not be won unless a “revolution” in the use of existing low-carbon technology, and numerous new inventions took hold, says a new report.

Charles Chauvel ... trying to find a joint position.

Split targets on agenda of Nats-Labour ETS talks

3 Jul 2009

Splitting New Zealand’s domestic emissions reduction target is on the table in talks between Labour and National for an emissions trading scheme deal.

Fredrik Reinfeldt ... leading by example.

Sweden: Learn from our climate change miracle

3 Jul 2009

Sweden plans to use its “climate change miracle” to convince China and the United States to sign up to tough cuts in greenhouse gases at the Copenhagen summit to find a successor to the Kyoto Protocol.

Prof Robert Watson ... farmers will determine the outcome of civilisation.

Farmers deserve reward, not tax, says scientist

30 Jun 2009

Farmers should be compensated for their work in tending the eco system instead of being taxed for climate change, says Professor Robert Watson, chief scientific adviser for Britain’s department of environment, food, and rural affairs.

Barack Obama ... careful about protectionism.

Obama hails climate bill … but has some changes

30 Jun 2009

United States President Obama has praised the House of Representatives for taking an "extraordinary first step" by passing a climate change bill.

Gordon Brown ... aviation could pay.

UK wants billions in climate fund for poor countries

30 Jun 2009

British Prime Minister Gordon Brown has tried to break the deadlock over climate change by proposing the creation of a £60 billion international fund to help poorer countries adapt to the situation.

Nick Xenophon ... scheme lacks analysis.

Australia delays vote on carbon trading

26 Jun 2009

The Australian government failed to get its carbon trading scheme through the Senate yesterday after the opposition Coalition and crossbench senators criticised the scheme’s economic and environmental analysis as being inadequate.

Nancy Pelosi ... scrambling for support.

US climate bill proponents agree to concessions

26 Jun 2009

An agreement on a string of demands sought by United States farmers and lawmakers from rural areas erased a major obstacle facing a massive climate bill that would limit pollution linked to global warming and redirect the nation toward greater use of clean energy.

Dr Peter Urich ... science needs to be useful.

Kiwi climate system takes Manhatten

23 Jun 2009

Climate change modelling software developed in Hamilton is taking on the world, but it has taken winning a contract in New York City for New Zealand to sit up and take notice.

Climate lobby wants longer ETS review

23 Jun 2009

The New Zealand Climate Change Coalition wants the Government to extend the time frame for the select committee reviewing emissions trading, and to "clarify its real intentions on this issue."

US House may vote on climate bill next week

19 Jun 2009

Legislation to drastically reduce carbon dioxide pollution blamed for global warming could be voted on by the US House of Representatives as early as next week.

Women leading the charge to cleaner energy

19 Jun 2009

American women are paying the electric bills at home and making the critical decisions on energy use in their homes and businesses, according to a new survey.

Polluters should pay, say Greens

19 Jun 2009

The Green Party welcomes yesterday's acknowledgement of responsibility for historic contamination by a chemical company, but is calling for clear financial liability and a fairer contribution to the clean-up and health costs.

NZUs should be staggered, says trading group

12 Jun 2009

The issuing of carbon credits to forest owners should be staggered through the year, rather than in one lump a year, says Environmental Intermediaries and Trading Group.

Frederik Reinfeldt ... carbon tax has been very effective.

Swedish PM calls for carbon taxes in Europe

12 Jun 2009

Swedish Prime Minister Fredrik Reinfeldt has called for European nations to tax carbon emissions to reduce greenhouse gases.

Rich countries have ‘moral duty’ to cut emissions

12 Jun 2009

Britain needs to cut greenhouse gases by 45 per cent by 2020 to prevent the world "lurching into climate disaster", according to a report from Oxfam.

New Zealanders support insulation, but split on Budget

5 Jun 2009

New Zealanders overwhelmingly support health and insulation policies announced in the Budget, but don't believe the Government has produced enough new policy to successfully manage the economic recession.

Peter Berg ... forestry hindered by policies.

Forestry owners plead for level playing field

2 Jun 2009

New Zealand forest owners say investment in forestry world-wide is being inhibited by policies designed to dampen the effects of the economic recession and to counter climate change.

Australia points to $200b natural gas-powered recovery

2 Jun 2009

Australia has more than $200 billion worth of energy projects on the drawing board, enough to drive the nation's economic recovery with the right emissions trading scheme, the industry says.

Tony Hayward ... carbon a global commodity.

Business leaders vow to set price on carbon

26 May 2009

World business leaders meeting in Copenhagen are vowing to help world governments set a price on carbon, establishing a market that governments can use to cut greenhouse gases.

Roger Dickie ... wood volumes will hit the wall in 20 years.

Uncertainty means forest industry taking a beating

26 May 2009

The forestry sector will take years to recover from the impacts of recent policy uncertainty, says forestry consultant Roger Dickie.

Get from A2B on the world’s fastest e-bike

26 May 2009

The world's fastest electric bike, already hugely popular in China, is now turning heads in Britain.

Government cans electric car think-tank

22 May 2009

A group of leading industry experts promoting the use of renewable energy in transport has been disbanded less than a year after it was set up.

Nick Smith ... policies are what matters.

Smith delivers significant pro-ETS policy steer

22 May 2009

National still prefers an emissions trading scheme and has hinted at ways in which the scheme can be ‘harmonised’ with Australia’s.

We'd rather have a tax break, say biofuels producers

22 May 2009

A new government grant to encourage local biofuel production is not as good as the tax exemption bioenthanol producers get, the industry says.

Biodiesel industry gets multi-million dollar boost

19 May 2009

The biodiesel industry will receive a multi-million dollar boost over the next three years.

Ed Markey ... widespread support.

US lawmakers formally unveil climate change bill

19 May 2009

Democrats in the US House of Representatives have formally unveiled sweeping legislation to fight climate change and said the 932-page bill enjoyed broad national support.

Climate change threatens millions who live off sea

15 May 2009

Around 100 million people risk losing their homes and livelihoods unless drastic steps are taken to protect Southeast Asia's coral reefs, which could be wiped out in coming decades because of climate change, a new report says.

Straterra welcomes tax exemption for oil and gas exploration

15 May 2009

Straterra, the industry group representing New Zealand’s natural resources industries, has welcomed Government plans to extend tax exemption for offshore oil and gas exploration.

Solid Energy - asks for a $1 tax when carbon price is $24 plus

Coal’s idea for tiny tax and trees given solid debunking

12 May 2009

Business leaders have debunked Solid Energy’s proposal for a small new carbon tax.

Air NZ wants carbon price cap in ETS

12 May 2009

Air New Zealand wants the emissions trading scheme review committee to consider including a price cap for carbon liability.

Taro Aso ... emissions decision in June.

Japanese ask world: What should we do?

12 May 2009

The nonprofit group Japan for Sustainability is asking people around the world for their comments about the country's greenhouse gas emission reduction targets.

Don Elder ... Solid Energy chief.

Solid Energy pushes new 'tax and plant' emissions strategy

8 May 2009

State coal producer Solid Energy is pushing an alternative policy to the emissions trading scheme which will see the Government raise new taxes and regulations.

Nick Smith ... pressure growing.

Aussie officials to visit amid calls to end NZ policy 'chaos'

8 May 2009

Australian officials will brief New Zealand MPs about their new emissions trading plans next week.

Landfill operator wants ETS delay for waste

8 May 2009

Delaying the solid waste sector’s entry into the emissions trading scheme until 2018 and increasing the scope of the existing environmental standard for landfill gas is the way to reduce greenhouse gas emissions from New Zealand’s landfills, Envirowaste told the ETS review committee yesterday.

Citroen Ev'ie ... a first for Britain.

Britain first electric car goes on sale

8 May 2009

Britain’s first family sized electric car has been launched in London.

Road user charges plan penalises diesel cars

8 May 2009

The new-vehicle industry has reacted with surprise to some of the recommendations of the independent review into road-user charges.

Mike Petersen ... back to the fart tax.

Farming groups split on need for ETS

5 May 2009

Federated Farmers continued its call for the emissions trading scheme to be scrapped when it appeared before the emission trading scheme review committee yesterday - but not everyone in the agriculture sector agrees.

China looking at carbon tax proposals

5 May 2009

Chinese researchers will soon issue preliminary proposals for a carbon tax that may one day become part of the government's efforts to tame growing greenhouse gas emissions.

Graham Kraehe ... it's a de-stimulus package.

Top businessman bags carbon trading scheme

1 May 2009

One of Australia’s most respected businessmen has made a blistering attack on the Rudd Government's proposed carbon pollution reduction scheme, saying it would cost jobs and probably increase global emissions.

Nick Smith ... delayed report.

Minister delays release of ETS risk report

28 Apr 2009

A new report into the economic risks of the emissions trading scheme has not yet been made public amid concerns that it does not adequately cover the potential benefits.

Barack Obama ... hand weakened.

Democrats drag feet as US opens major climate talks

28 Apr 2009

The Obama administration will try its hand today at finding a consensus among 17 leading economies on climate change as the US State Department sponsors the Major Economies Forum on Energy and Climate in Washington.

Adaptation
More >
Riwaka Sandy Bay Road during recent flooding

'Back-to-basics' approach for councils ignores climate risk

Today 10:45am

By Shannon Morris-Williams | While ACT is standing local government candidates to oppose councils' attempts to manage emissions and ministers are calling for local authorities to 'get back to basics' - or even suggesting scrapping regional councils altogether - one expert says this narrative is putting communities at risk in the face of climate change.

Agriculture
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Extreme heatwaves may cause global decline in dairy production, scientists warn

Tue 8 Jul 2025

Israel-based study finds that by 2050 average daily milk production could be reduced by 4% as a result of worsening heat stress.

Airlines
More >

NZ Post drops science-based climate target

Tue 8 Jul 2025

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

Aviation
More >

Nations agree to tax premium flyers, private jets

2 Jul 2025

A group of countries, including France, Kenya, Spain and Barbados, pledged on June 30 to tax premium-class flying and private jets in a bid to raise funds for climate action and sustainable development.

Biodiversity
More >

Tipping points: Window to avoid irreversible climate impacts is ‘rapidly closing’

Today 10:45am

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”.

Biofuels
More >

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.

Carbon Credits
More >

Emissions Trading Scheme needs deep reform - commissioner

Today 10:45am

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

Carbon News world
More >

How Mamdani connects climate policy to his affordability agenda as he runs for New York mayor

Today 10:45am

Many of the democratic socialist’s policies aim to slash carbon emissions and boost environmental justice.

Carbon prices
More >

Bearish sentiment lingers for carbon market

Today 10:45am

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.

Coal
More >
Megan Woods

Climate backtracking could impact trade relationships: Labour

Wed 9 Jul 2025

By Liz Kivi | Labour Party Energy spokesperson Megan Woods says the government needs to be upfront about how its energy policies will impact trade relationships, following revelations New Zealand was warned by other governments that backtracking on climate policies jeopardised its membership of an international alliance.

Comment
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Credit: International Institute for Sustainable Development

A credible UN carbon market needs rules that count – we’ve just set them

11 Jun 2025

COMMENT: The broad standards for a more ambitious market are now in place. But without a steady flow of investment, this progress will remain largely on paper.

Construction
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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.

COP
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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.

Emissions trading
More >

Carbon price grinds higher - where to from now?

30 Jun 2025

By Liz Kivi | The carbon price has continued to grind slowly higher since this month’s failed auction, with prices at their highest since March, although still languishing well below this year’s auction floor price.

Energy
More >

UN Human Rights Council fails to call out fossil fuels after decision cuts mention

Today 10:45am

A proposal by the Marshall Islands and Colombia calling for a transition away from fossil fuels at the UN Human Rights Council failed to make it into the council’s declaration on climate change and human rights issued on Tuesday.

Extinction
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Key orange roughy population on verge of collapse, govt considers closure

Wed 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.

Extreme weather
More >

Urbanization is intensifying India’s summer heat and rain

Today 10:45am

When 28-year-old Sonelal Prasad left home on the morning of June 16 for his job at a construction site in Mumbai—the financial capital of India—he didn’t know he’d be digging his own grave.

Fishing
More >

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.

Forestry
More >

EU countries seek more cuts to deforestation rules

Wed 9 Jul 2025

From December, the world-first deforestation law will require operators placing goods including soy, beef and palm oil, onto the EU market to provide proof their products did not cause deforestation.

Gas
More >

NZ quits Beyond Oil and Gas Alliance

25 Jun 2025

By Liz Kivi | The New Zealand government has quietly withdrawn from an ambitious coalition to phase out fossil fuels, with a $200 million publicly-funded subsidy for new gas fields the latest policy in conflict with that goal.

Geothermal
More >
Energy Minister Simon Watts addressing the CEP conference in Auckland this week

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.

Green finance
More >

Net-zero much cheaper than thought for UK – and unchecked global warming far more costly

Wed 9 Jul 2025

Reaching net-zero will be much cheaper for the UK government than previously expected – and the economic damages of unmitigated climate change far more severe.

Greenhouse Effect
More >

The struggle for control of the Arctic is accelerating - and it's riskier than ever

Today 10:45am

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.

Greenwashing
More >

Can you trust climate information? How and why powerful players are misleading the public

Today 10:45am

The climate crisis is more urgent than ever, so why is there a disconnect between stated policies and actual practices?

Hydro power
More >

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.

Hydrogen
More >

Electric firebricks: decarbonising high-temperature industrial heat

13 Jun 2025

By Ian Mason | A new technology could offer a more cost-effective solution than hydrogen to decarbonise one ‘hard-to-abate’ sector of New Zealand’s economy, as well as having ample potential for demand response as the electricity grid becomes more renewable.

Insurance
More >

‘Significant gaps’ in proposed approach to climate adaptation

Thu 10 Jul 2025

A new report into climate adaptation doesn’t suggest how development in high-risk areas should be avoided - an issue that needs urgent action with thousands of homes still being built in hazardous areas, according to the Environmental Defence Society.

Kyoto
More >

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.

Litigation
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In Latin America, the energy transition stirs a rise in human rights lawsuits

Tue 8 Jul 2025

A new report shows that more than half of the 95 energy transition-related lawsuits recorded globally since 2009 took place in Latin America and the Caribbean.

Low carbon
More >

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

Mon 7 Jul 2025

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

Mining
More >

Unlocking economic growth on conservation land

Wed 9 Jul 2025

Media release - New Zealand Government | A targeted effort to reduce the backlog of applications for use of conservation land is accelerating economic growth without compromising conservation values, says Conservation Minister Tama Potaka.

NZ ETS
More >

Carbon credits stockpile down: latest figures

Mon 7 Jul 2025

By Liz Kivi | The number of NZUs held in private accounts, often called "the stockpile", dropped 11 million tonnes in the past year, according to the latest figures.

NZ Market Report
More >

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.

Oceans
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The change in Southern Ocean structure can drive a release in carbon to the atmosphere

Change in Southern Ocean structure could have climate implications

Mon 7 Jul 2025

Media release – Instituto de Ciencias del Mar (ICM-CSIC) | Satellite data processing algorithms developed by ICM-CSIC have played a crucial role in detecting this significant shift in the Southern Hemisphere, which could accelerate the effects of climate change.

Paris Agreement
More >
Mayor Nick Smith and chief executive Nigel Philpott had reservations about the target.

Nelson adopts ambitious target to slash emissions

Tue 8 Jul 2025

By Max Frethey, Local Democracy Reporter | After some of the most passionate debate seen in the chamber this triennium, Nelson City Council has adopted the more ambitious of two community greenhouse gas targets.

Planetary boundaries
More >
Former Climate Commission Chair Dr Rod Carr

Markets aren't going to save us – Carr

Wed 9 Jul 2025

By Shannon Morris-Williams | Consumerism is reaching its ecological and economic limits, and only systemic change - not market tweaks - can steer us away from climate catastrophe, according to former Climate Change Commission chair Rod Carr.

Plastics
More >
The microplastics found on a Waikato beach

Microplastics found in sand on dozens of NZ beaches

4 Jun 2025

Scientists have extracted microplastics from the sand of 22 beaches from the Far North to Banks Peninsula.

Politics
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North Canterbury locals get say over huge solar farm

Thu 10 Jul 2025

By David Hill, Local Democracy Reporter | North Canterbury residents are being encouraged to have their say on a proposed 180 hectare solar farm on a property near their village.

Protest
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UK: Thousands lobby MPs to demand climate action

Thu 10 Jul 2025

More than 5,000 people from across the UK arrived in Westminster on Wednesday to meet their MPs and demand urgent climate action to protect their communities.

Rare earth minerals
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New Zealand Minerals Council chief executive Josie Vidal

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.

Renewable energy
More >

Clean energy's political test looms now that Trump bill is law

Thu 10 Jul 2025

The US 2026 midterms will test clean energy's uncertain political salience as advocates attempt to tether it to economic matters that voters prioritise.

Science
More >
Flaring burns off excess methane in oil and gas fields, preventing the potent greenhouse gas from accumulating.

MethaneSAT loss ‘a tragedy’

3 Jul 2025

By Liz Kivi | The disappearance of a methane-tracking satellite, which was backed by $29 million of government funding, is a tragic loss according to one astrophysicist, who is calling for a review to understand how New Zealand blew past multiple red flags about its operation.

Technology
More >
Basis co-founders Danny Purcell and Julyan Collett

Kiwi ‘smart panel’ startup aiming to reduce energy bills and emissions

4 Jul 2025

NZ start-up Basis this week launched an ‘intelligent’ panel to replace traditional electrical switchboards in homes, which it says can save the average home $1,200 NZD annually on bills and lead to lower emissions.

The House
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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.

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

Thu 10 Jul 2025

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

Waste
More >

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.

Water
More >

NZ urgently needs to change approach to flood management - experts

2 Jul 2025

Experts say climate change is squarely to blame for flooding in Nelson - but isn’t getting the media attention it deserves - and the country urgently needs to change its approach to flood management in the face of climate change.

Wildfires
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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.

Wind energy
More >

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.

More in: Tax
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