Topics tagged with 'Tax'
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.
National will have to do better than announce old policy , says Anderton
16 Jan 2009
The National Party is to be congratulated for finally recognising the importance of climate change mitigation for farmers, but it’s a bit cheeky to act as if it has a new fund of money, Opposition agriculture spokesman Jim Anderton says.
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?
At least 30 killed and several missing as heavy rains and floods lash northern China
Wed 30 Jul 2025
Thousands of people were evacuated as the region, including the capital Beijing, braced for more rainfall overnight.
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.
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.
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.
A third of ‘slum residents’ in global south are exposed to disastrous flood risks
Wed 30 Jul 2025
One in three people in informal settlements in the global south live in floodplains and are at risk of a “disastrous flood”.
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.
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.
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.
SBTi releases Net Zero Standard for banks, investors
24 Jul 2025
The Science Based Targets initiative announced the release of its finalised Financial Institutions Net-Zero Standard, aimed at enabling banks and investors to set net zero-aligned targets for their lending, investing, insurance and capital markets activities.
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.
Taranaki mayors want hydrogen kick-start from Wellington
Mon 28 Jul 2025
By Craig Ashworth, Local Democracy Reporter Taranaki mayors want central government to partner up with their councils to kick-start a hydrogen industry. This despite ongoing questions about the gas’s effectiveness in reducing carbon emissions.
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.
All aboard for passenger rail in the golden triangle
Mon 28 Jul 2025
Media release – The Future Is Rail | New Zealand’s national passenger rail advocacy group, The Future is Rail, has announced its strong support for the Green Party’s proposal to establish a new passenger rail service connecting Auckland and Tauranga.
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.
As US climate data-gathering is gutted, Australian forecasting is now at real risk
Wed 30 Jul 2025
As damage from climate change intensifies, political change overseas is threatening Australia’s ability to track what’s happening now, and predict what will happen next.
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.
China's carbon emissions may have peaked thanks to renewables push
Mon 28 Jul 2025
Climate experts say China's carbon emissions may have peaked, which could affect global climate targets, the fight against global warming – and the Australian coal industry.
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.
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.
