Topics tagged with 'Tax'
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.
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.
Obama launches push for green revolution
24 Apr 2009
United States President Barack Obama has launched his push for a green energy revolution and to pass historic climate change legislation, making his pitch from a wind energy factory on Earth Day.
China gears up for green cars push
17 Apr 2009
Chinese auto makers have accelerated efforts to develop electric cars and take a leadership role in the next generation of vehicle technology.
US bank troubles could leave Transpower exposed
14 Apr 2009
Transpower’s exposure to troubled US bank Wachovia remains shrouded in a tangled skein of hedging devices and counter party vulnerability - the techniques which have brought about the nationalisation of banking in the US and the Britain.
State governor calls for carbon tax to fight warming
14 Apr 2009
The Governor of the Australian state of Victoria, David de Kretser, has called for consideration of a carbon tax, to increase the price of goods produced using energy from high-pollution power stations.
Welsh firm claims answer to methane emissions
7 Apr 2009
A Welsh firm that says it has a cure for ruminant methane emission is seeking opportunities in New Zealand.
'Polar bear' ministry cuts expected today
7 Apr 2009
The Green Party expects the Government's 'polar bear hunt' to close in for the kill at the Ministry for the Environment today, culling initiatives that have saved the taxpayer money.
Happiness is not a Hummer
7 Apr 2009
Royal Dutch Shell chief Jeroen van der Veer remembers his happy student days driving a famously fuel-miserly Citroen 2CV and believes today’s drivers should fight climate change by using more efficient vehicles.
US cap-and-trade bill may pose problems for NZ large emitters
3 Apr 2009
The latest cap-and-trade bill introduced in Congress offers the United States’ large emitters less transitional assistance than their New Zealand counterparts.
G20 will give climate a deal a boost, says UK minister
3 Apr 2009
The G20 summit in London will give "momentum" to efforts to reach a global deal on climate change, UK climate affairs minister Ed Miliband has said.
Finland acts to tax low-carbon power producers
3 Apr 2009
Nuclear and hydro power plants in Finland are to be taxed to reduce company profits that result from competitive operation in a market with carbon trading.
Airlines fear failure of global climate talks
3 Apr 2009
Major airlines have warned that failure to agree on a global approach to emissions trading in climate change talks could hurt their industry by leading to increased taxes and regulation.
ARC sees back-to-the-future transport solution
31 Mar 2009
The Auckland Regional Council is recommending a back-to-the-future approach to fixing Auckland’s transport woes in the light of the Government’s recent transport infrastructure funding announcements.
UN climate plan talks of new world order
31 Mar 2009
A United Nations document on climate change that will be distributed to a major environmental meeting next week envisions a huge reordering of the world economy.
Follow the Danes on animal tax, say farmers
27 Mar 2009
Federated Farmers is using the actions of Danish politicians to keep pressure on the ETS review committee.
Energy leader calls for carbon tax solution
24 Mar 2009
New Zealand’s largest domestically owned and operated energy company is calling for the government to postpone the emissions trading scheme and reconsider a carbon tax.
Harmonising Tasman emissions schemes could mean massive losses
24 Mar 2009
Harmonising the Australian and New Zealand emissions trading schemes could cause massive losses for forestry firms here and bring fuels into the scheme six months early.
NZ-UK business group criticises airport taxes
24 Mar 2009
The sole New Zealand-United Kingdom trade lobby group has broken cover and come out publicly against proposals advanced in recent months by the British Government to increase and reshape future airport departure taxes.
Obama invests $2b in plug-in hybrids
24 Mar 2009
To produce the next generation of plug-in hybrid electric vehicles and the advanced battery components that will make these vehicles run, President Barack Obama has announced $2.4 billion in economic stimulus funding.
Carbon trading 'undermined by boom and bust’
24 Mar 2009
A shake-up in the way the "boom and bust" carbon markets are working in Europe is being urged ahead of tomorrow's auction of new emission certificates by the UK government.
China rejects US carbon-based import tariff idea
20 Mar 2009
China's top climate change official has rejected as protectionist a United States idea to put tariffs on some imports from countries that do not place a price on carbon, chiding the Americans to do more to cut their greenhouse gas emissions.
Select committee has a chance to get it right
13 Mar 2009
The emissions trading scheme review is a good process which could give New Zealand a chance to “get it right”, says a leading climate change adviser.
US senators attack Obama’s cap-and-trade proposal
13 Mar 2009
The United States should not impose a cap-and-trade system to battle climate change this year because it amounts to a painful tax during a deep recession, senators argued this week.
Angry EU farmers oppose livestock-gas tax
13 Mar 2009
Proposals to tax the flatulence of cows and other livestock have been denounced by farming groups in the Irish Republic and Denmark.
Foresters: We've had enough of uncertainty
10 Mar 2009
The forestry industry says the Government should ignore calls to abandon the emissions trading scheme in favour of alternatives such as Business NZ’s proposed low-level all-gases tax or levy on every unit of emissions.
Biofuels bad news for third world, ecologists warn
10 Mar 2009
Having large numbers of motorists switch to biofuels would be “bad news for the planet and for many millions of third world people suffering through the expansion of agrofuels to feed the rich world's cars", warns the Pacific Institute of Resource Management.
Time right for mass home insulation, says economist
10 Mar 2009
The time is right for a recession-busting programme of infrastructure development such as mass home insulation, says a leading economist.
Senate to examine Rudd's emissions scheme
10 Mar 2009
A Senate inquiry into the Australian government's proposed emissions trading scheme will go ahead, after the Greens and the Opposition agreed on its terms of reference.
Smith calls for new report on cost of ETS
6 Mar 2009
Two teams of economists with different opinions about the cost of the emissions trading scheme have been told to come up with a joint report for the ETS review.
Key Business NZ manager now minister's ETS kingpin
3 Mar 2009
Business New Zealand's energy, environment and infrastructure manager has a new job advising the government on climate change and emissions trading.
Business group to push for interim green tax
27 Feb 2009
The prospect of delaying the emissions trading scheme and introducing a green tax as an interim measure is being raised by a major business group.
Business NZ stance may not give Government support it needs on ETS
27 Feb 2009
ANALYSIS: Policies proposed in a draft Business New Zealand submission to the select committee reviewing the ETS, obtained by Carbon News, would aim to “remove the carbon risk for business”.
Obama's commitment to ETS a signal to NZ
27 Feb 2009
A renewed strong commitment to introduce emissions trading by US President Barrack Obama sends New Zealand a signal to get on with implementing its own ETS scheme and securing the country’s trade and tourism, says the New Zealand Business Council for Sustainable Development.
Green billions fertilise Obama’s economic package
24 Feb 2009
The $787 billion American Recovery and Reinvestment Act signed into law by President Barack Obama will create green jobs, new Environmental Protection Agency administrator Lisa Jackson says.
Green light for New Zealand’s first Solar City Pilot
24 Feb 2009
Developers of Nelson Solar City have announced the next stage of their project with the launch of a pilot scheme involving 25 homes and businesses.
Rudd ditches inquiry and sticks with emissions plans
20 Feb 2009
Mounting criticism of Australia’s proposed carbon trading policy forced Prime Minister Kevin Rudd to end the confusion late yesterday by abandoning plans for a new inquiry and declaring the scheme would start as planned in mid-2010.
Britain wants green makeover of all homes
17 Feb 2009
All UK households will have a green makeover by 2030 under government plans to reduce carbon emissions and cut energy bills.
ETS review beginning of the end, says Turnbull
13 Feb 2009
The Rudd Government’s decision to order a review of its emissions trading scheme is the first step to abandoning the plan, Australian Opposition leader Malcolm Turnbull says.
National quietly dumps two billion dollar Fast Forward fund
13 Feb 2009
National’s demolition of the $700 million investment in primary sector innovation through the New Zealand Fast Forward fund has been completed in deafening silence, says Opposition agriculture spokesman Jim Anderton.
‘Enron risk’ high for carbon market, says report
10 Feb 2009
The rapidly growing industry to manage greenhouse gas emissions is suffering from a profound skills shortage, according to a global survey of those involved in the sector.
Reinstating Labour’s home-insulation plan first step
10 Feb 2009
If Prime Minister John Key is really serious about announcing infrastructure projects this week that preserve and create New Zealand jobs, then he must start by reinstating Labour’s home insulation programme, says Labour leader Phil Goff.
Europe woos US for transatlantic carbon market
27 Jan 2009
The European Commission is preparing to call on the United States to create a transatlantic system of carbon trading to limit greenhouse gas emissions and to press for the establishment of similar markets spanning the developed world.
Leading investors call for US 'green recovery'
27 Jan 2009
A group of 44 US and international investors managing more than $1.7 trillion in assets has called on Congressional leaders to include significant funding for energy efficiency, clean energy and clean transportation in the economic stimulus bill being debated this week in Congress.
Mighty River chief takes on carbon management
23 Jan 2009
It might not seem like the natural time to leave an established career in general management and take up a role in a new carbon funds management company, but for New Zealand Carbon Funds Management managing director James Moulder the timing is perfect.
Nats' ETS opinions don't worry me, says Hide
20 Jan 2009
Act Party leader Rodney Hide says that he is unconcerned by comments from United Future leader Peter Dunne and Energy Minister Gerry Brownlee that New Zealand’s emissions trading scheme is here to stay.
Obama has four years to save Earth, says climate expert
20 Jan 2009
Barack Obama has only four years to save the world. That is the stark assessment of NASA scientist and leading climate expert Jim Hansen who has warned only urgent action by the new US president can halt the devastating climate change that threatens Earth.
Defer the ETS to minimise job losses, says MEUG
20 Jan 2009
The pros and cons of deferring the Emissions Trading Scheme should be considered by the Prime Minister’s Summit on Employment next month,” says Ralph Matthes, executive director of the Major Electricity Users’ Group (MEUG).
Brownlee's biofuels backdown hurts tallow pioneer
16 Jan 2009
Biofuel manufacturer Biodiesel Oils says that the forced mothballing of its Waikato tallow-to-diesel plant is affecting its ability to sell its technology overseas.
No takers with emissions trading review a month away
16 Jan 2009
Submissions on the review of New Zealand emissions trading scheme close on February 13 - and so far none have been made.
UN limits staff at COP30 climate summit over accommodation concerns
Today 11:45am
High hotel prices for Brazil's COP30 climate summit in November have prompted the United Nations to urge its staff to limit attendance, while government delegations are still scrambling to find rooms within their budgets.
Govt passes law to limit farm-to-forest conversions
Today 11:45am
By Shannon Morris-Williams | The Government has passed legislation intended to limit farm-to-forest conversions in the Emissions Trading Scheme, with ministers saying the changes “restore balance,” while opponents call it a band-aid that risks climate targets.
NZ needs to be part of a regional SAF strategy: Z, Air NZ
9 Sep 2025
By Pattrick Smellie | New Zealand needs to be part of a regional strategic approach to sourcing sustainable aviation fuel (SAF), with domestic production less the aim than ensuring access to the fuel from one of a number of strategically positioned bio-refineries around the world.
'Non-negotiable' – EU carbon pricing to hit Kiwi exporters, expert warns
11 Sep 2025
By Shannon Morris-Williams | High carbon exports will inevitably face a high carbon tax at the EU border, possibly in the next five years, and high methane agricultural products might not be exempt, an international expert told a local audience yesterday.
UK foreign aid for nature hits £800m record due to cash for carbon credits
Tue 16 Sep 2025
The UK’s climate-aid spending on “nature protection and restoration” reached record levels of nearly £800m last year, according to government figures obtained by Carbon Brief.
Researchers say sealing old oil wells with bio-oil from crop waste is a dual carbon-removal solution
Today 11:45am
A new analysis shows that oil made from corn husks, wood chips, and other waste could plug greenhouse gas-belching abandoned oil wells while sequestering carbon for about $152 per ton.
Carbon price steady after failed quarterly auction
Tue 16 Sep 2025
By Liz Kivi | The carbon price has continued to trade in its familiar moribund range in the high $50s following last week’s failed quarterly auction, with ample supply still trading on the secondary market at about $10 below this year’s $68 auction floor.
EU set to miss UN deadline for new target under Paris climate accord
Today 11:45am
The delay is intended to allow countries more time to agree to an ambitious goal.
No bidders front to carbon auction - again
10 Sep 2025
By Liz Kivi | Today’s quarterly carbon auction was a non-event yet again, making it the third consecutive auction this year with no bidders, with the secondary market price still limping along at nearly 20% below the auction floor.
Industry struggles with double-digit power price hikes
Mon 15 Sep 2025
As power prices surge by double-digit amounts for the second year in a row, industrial users can’t keep absorbing cost increases, the Major Electricity Users’ Group says.
The merchants of doubt are back
3 Sep 2025
OPINION: If you don’t follow climate policy closely, you might not know that the Trump administration is launching an effort to overturn one of the most fundamental pillars of American climate policy.
Milestone for NZ Steel electrification
10 Sep 2025
By Pattrick Smellie | NZ Steel has passed an installation milestone for its new electric arc furnace, which will reduce emissions from the Glenbrook steel mill site by as much as one megatonne (1Mt) a year.
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.”
Watts not considering removing electricity from ETS
Tue 16 Sep 2025
Energy and Climate Change Minister, Simon Watts, says he is “not currently considering” removing electricity generation from the Emissions Trading Scheme, as proposed by NZ First Minister Shane Jones.
Gentailers told to behave as ministers weigh Frontier review
Wed 17 Sep 2025
The chief executives of Contact, Meridian, Mercury and Genesis met Energy and Climate Change Minister Simon Watts on Thursday for their regular monthly session.
Declining sea-ice is altering Antarctic food webs
11 Sep 2025
A new study shows a significant change in Antarctic phytoplankton over time that could cascade through the marine food web and affect the ocean’s capacity as a carbon sink.
Lobby group launches ‘blueprint’ for ocean management reform
Thu 18 Sep 2025
The Environmental Defence Society yesterday released its plan to tackle widespread ecological decline in our oceans.
Marginal drop in last year's regional emissions
27 Aug 2025
Regional greenhouse gas emissions were down slightly last year, with a fall in gas supply leading to a big drop in Taranaki, but more coal burnt leading to higher emissions in Waikato, according to new figures from Stats NZ
Australia leapfrogs NZ on climate ambition
Today 11:45am
By Liz Kivi | Lawyers for Climate Action say Australia’s new 2035 climate target should be a wake-up call for ‘clean, green’ New Zealand.
Exxon and Shell sue the Netherlands in secret tribunals for closing Europe’s biggest gas field
Today 11:45am
Following billions in profits and over a thousand gas extraction-related earthquakes, the oil and gas giants filed claims against the Dutch state in four separate investor-state disputes concerning compensation for home damages and the permanent closure of the Groningen gas field.
A modest geothermal strategy
31 Jul 2025
By Pattrick Smellie | The Government has unveiled a far more modest geothermal energy strategy than its primary backer, Resources Minister Shane Jones, had sought.
Why mega-polluters have little to fear from the European Central Bank and its new climate policy
12 Sep 2025
The European Central Bank plans to raise borrowing costs for climate offenders – but a new FTM analysis shows that big polluters such as Shell will barely feel it.
Science cuts will hold back climate research
Wed 17 Sep 2025
By Liz Kivi | A crisis in government-backed science funding is worsening, with dire implications for climate research in New Zealand, according to experts from the scientific community.
Media round-up
5 Sep 2025
In our round-up of climate coverage in local media: The great methane debate; law change scuppers legal challenge to irrigation scheme consent; and what are the energy and climate implications of the $7.5 billion Amazon Web Services data centre deal?
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.
Media round-up
29 Aug 2025
In our round-up of climate coverage in local media: Changes to road user charges will increase New Zealand's emissions; Climate Change Minister Simon Watts promises better access to hazard data for homeowners; and Kiwis borrow over $1 billion in ‘green loans’ for heat pumps and electric cars.
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.
Young activists won a landmark state climate trial. Now they’re challenging Trump’s orders
Thu 18 Sep 2025
Young climate activists and their attorneys who won a landmark global warming trial against the state of Montana are trying to convince a federal judge to block President Donald Trump’s executive orders promoting fossil fuels.
Forest carbon stores massive blind spot - study
4 Sep 2025
By Shannon Morris-Williams | Aotearoa New Zealand’s planted forests hold significant deep soil organic carbon — with over half of it stored below 30 cm, and much of it over 1,000 years old.
Govt tweaks offshore energy bill with 'declared areas' model
Wed 17 Sep 2025
By Shannon Morris-Williams | The Government is making changes to the Offshore Renewable Energy Bill to address offshore wind developers' concerns about competing for space with other industries.
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.
A steady ocean pattern just failed for the first time ever observed
Wed 17 Sep 2025
The failure of the Gulf of Panama’s seasonal upwelling system has left scientists wondering what happens next.
Australia's 2035 climate targets on path to net zero judged by the experts
Today 11:45am
After much anticipation, Australia has set its new climate targets: a reduction of 62 to 70 per cent within the next 10 years.
‘Plastic Cup’ competitions are cleaning up rivers in Hungary
1 Sep 2025
Afloat on DIY boats, teams of volunteers have removed over 450 tons of plastic waste from the Danube and its tributaries.
Can certificates solve NZ's heavy vehicle emissions problem?
Thu 18 Sep 2025
By Shannon Morris-Williams | The Sustainable Business Council has launched a new framework for a national system to cut freight emissions.
Climate change collaboration and competition law
Thu 18 Sep 2025
By Pattrick Smellie | The revamped competition law regime needs to be able to take into account the benefits of companies that collaborate for action on climate change, says the panel that reviewed both the Commerce Commission and the Commerce Act.
Underestimating support for climate action limits political decision making, study says
8 Sep 2025
Research reveals huge disparity between perceived and actual willingness of public to contribute to fixing climate.
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.
One city’s race to ‘solarise everything we possibly can’
Thu 18 Sep 2025
Bordeaux is quickly transforming itself into France’s top solar-powered city, banking on innovations like transparent panels that preserve its historic architecture.
Turning squashed bugs into climate change data
Today 11:45am
Media release: University of Auckland | What if the insects you hit with your car could contribute to research on climate change?
Ara Ake backs 13 projects to unlock NZ’s energy flexibility
11 Sep 2025
Media release | Ara Ake has approved over $600,000 in funding from the National Flex Discovery Fund for 13 flexibility service providers (FSPs).
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.
Most EU carmakers on track to meet emission targets: study
10 Sep 2025
Almost all European carmakers are on track to meet EU emission targets after winning a reprieve this year as electric vehicles (EV) sales pick up, a study showed.
Echo Tech secures growth investment to tackle NZ's e-waste crisis
Mon 15 Sep 2025
Media release | Echo Tech Limited, New Zealand’s leading provider of e-waste recycling and IT asset recovery services, is proud to announce a strategic investment from growth equity firm Altered Capital.
La Niña set to prolong NZ hydro shortfall
9 Sep 2025
By Shannon Morris-Williams | With La Niña favouring a drier-than-normal spring across much of the South Island, hydro lakes are unlikely to recover without substantial rain and late snowmelt – keeping national storage levels below average.
Record UK wildfires have burned an area twice the size of Glasgow in 2025
12 Aug 2025
Wildfires have scorched more than 40,000 hectares of land so far this year across the UK – an area more than twice the size of the Scottish city of Glasgow.
Which countries are scaling solar and wind the fastest?
12 Sep 2025
The leaderboard is quite different depending on what metric you look at.
