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Topics tagged with 'Tax'

More in: Tax
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The new slavery - some say it's time to face up to the curse of oil

19 Dec 2008

British Prime Minister Gordon Brown sees dependence on oil as the modern version of slavery.

Biofuels obligation removed

19 Dec 2008

Energy and Resources Minister Gerry Brownlee has welcomed the passing of the biofuel law, describing it as a pragmatic environmental step.

Peter Dunne ... no grandstanders.

Dunne to bar time-wasters from ETS review hearings

16 Dec 2008

Groups wanting to relitigate the science of climate change or to grandstand on the issue are likely to find themselves shut out from appearing before the select committee reviewing the emissions trading scheme.

Michael Shirley ... NZ has leadership role to play.

NZ should be backing geothermal brains, says expert

16 Dec 2008

The skills of New Zealand scientists and engineers in the area of geothermal energy could make a real difference to global climate change, says Sinclair Knight Merz (SKM) regional manager Michael Shirley.

National will have an ETS, says Brownlee

12 Dec 2008

National will bring in an emissions trading scheme, says Energy Minister Gerry Brownlee.

Gerry Brownlee ... oil firms freed of obligation.

Brownlee decision disappoints biofuel makers

12 Dec 2008

The Government’s decision to repeal the obligation placed on oil companies to sell a certain proportion of biofuel has polarised opinion in the biofuel sector.

Government does not support any form of mandatory bio fuel obligation

12 Dec 2008

Energy and Resources Minister Gerry Brownlee yesterday tabled in Parliament a Bill to repeal the obligation placed on oil companies to sell a certain proportion of biofuel.

ETS review committee announced

9 Dec 2008

The ETS review is shaping as a bun-fight, with Rodney Hide, David Carter and Jeanette Fitzsimons all on the committee that will do the work.

Peter Dunne ... the science is established.

Dunne at the helm: We need an ETS quickly

9 Dec 2008

New Zealand needs a robust emissions trading scheme in place as quickly as possible to reassure businesses and shore-up our international credibility, says the man who will chair the ETS review.

Yvo de Boer ... the system is sound.

UN defends American attack on carbon trading scheme

9 Dec 2008

The UN’s top climate official has defended a global trading scheme to reduce greenhouse gas emissions after the US government released a report questioning its efficacy.

Emissions scheme 'sound', but Treasury issues warning

5 Dec 2008

Treasury says that the emissions trading scheme is sound, and warns that giving “generous treatment” to emitters would simply transfer the costs to taxpayers.

Wait for trading road to clear, foresters told

5 Dec 2008

Forest owners are being advised to wait out the current period of emissions trading uncertainty amid calls for the carbon trading sector to be regulated.

Ralph Nader ... bad assumptions.

Nader: Why we need a global carbon tax

5 Dec 2008

If President Barack Obama wants to stop the descent toward dangerous global climate change, and avoid the trade anarchy that current approaches to this problem will invite, he should take Al Gore's proposal for a carbon tax and make it global, says veteran American consumer advocate Ralph Nader.

UK airport tax 'reprisal' for NZ stand on food miles

5 Dec 2008

Britain’s $240-a-head airport surcharge scheme amounts to a reprisal against New Zealand's stance on the food miles issue, some industry sources believe.

Hawaii signs up for electric car network

5 Dec 2008

Hawaii has become the first US state to confirm it will establish a network of electric car stations to wean the islands off oil.

Jon Tanner ... serious implications for trade.

We're risking our clean reputation, says organics chief

2 Dec 2008

New Zealand risks scoring a “spectacular own-goal” if it backs away from its proactive stance on climate change, a leading agricultural lobbyist says.

District council factors in 10% cost of ETS

2 Dec 2008

Stratford District Council will factor in a 10 per cent increase in operating costs from 2011 to cover the increased transport and reporting costs under the current ETS, and “perhaps” a 5 per cent increase in its farm operating budget from 2013.

Anxious EMA wants to meet ministers on ETS review

28 Nov 2008

The Employers and Manufacturers' Association is seeking urgent meetings with government ministers to express concern that a review of the emissions trading scheme might include questioning whether human-induced climate change is real.

Govt mum on position for Poznan

28 Nov 2008

Government ministers and officials are tight-lipped the position New Zealand will take at next week’s Poznan talks preparing for next year’s Copenhagen conference on the second commitment period of the Kyoto Protocol.

Key seeks further talks on UK's passenger tax

28 Nov 2008

Prime Minister John Key has requested further discussions with British counterpart Gordon Brown over the UK Government’s increases in air-passenger duty.

Ann Smith ... real issue is lack of knowledge.

Why you should know your carbon footprint

28 Nov 2008

Taxes aren’t a barrier to operating profitably in a carbon economy, but a lack of knowledge is, says Landcare Research’s carboNZero technical manager Ann Smith.

Bryan Gundersen ... modified ETS likely outcome.

Don't panic, emissions expert tells NZUs sellers

25 Nov 2008

There are still opportunities for foresters looking to sell NZUs, says Kensington Swan partner Bryan Gundersen.

Oil companies hail move to look at carbon tax

25 Nov 2008

Oil and gas companies are applauding National's moves to revisit carbon tax and to overhaul the Resource Management Act, and say they are confident of a better working relationship with the new government than with the old one.

Economic Development Minister to open Pike River coal mine

25 Nov 2008

Economic Development Minister Gerry Brownlee will formally open Pike River’s new underground mine on Thursday as coal stockpiles start to grow.

We're now a joke in Europe, says carbon trader

21 Nov 2008

Delaying the emissions trading scheme is costing New Zealand the chance to be the major Asian carbon market hub, says a leading New Zealand trader.

Hold on to your carbon credits, experts advise

21 Nov 2008

New Zealanders shouldn’t buy or sell carbon credits until the Government’s plans for the emissions trading scheme are clear, says a prominent law firm.

Julia Hoare ... we're moving into a carbon-constrained world.

NZ businesses told: Get used to it, carbon rules

21 Nov 2008

New Zealand business will have to account for its carbon – regardless of whether it is through an emissions trading scheme or a carbon tax, says PricewaterhouseCooper partner and sustainability specialist Julia Hoare.

Protests follow UK’s first carbon permits auction

21 Nov 2008

The UK government is facing protests from various quarters after it said that the proceeds of the sale of carbon permits would not necessarily be used to tackle climate change issues.

National already breaking promises on climate change, says Labour

21 Nov 2008

National leader John Key's U-turn on the Emissions Trading Scheme is his first broken promise, says the outgoing Minister for Climate Change Issues, David Parker.

Mark Franklin ... nobody knows what's happening.

NZUs 'dead' as carbon market struggles with confusion

18 Nov 2008

Sales of NZUs are effectively dead as carbon markets struggle to understand the implications of the new government's moves on the ETS.

Roger Dickie ... buying orders for land cancelled.

ETS delay deal scuppers forestry project worth millions

18 Nov 2008

A $125 million forestry project has been scrapped and scores of forestry jobs lost as a result of a deal between the Act and the new National government to review the emissions trading scheme.

Fraser Clark ... extent of ETS review disappointing

Worried investors back off renewables sector decisions

18 Nov 2008

Investment decisions in the renewable energy sector are hanging in the balance because of uncertainty over the future of the emissions trading scheme.

Nick Smith ... emissions going through the roof.

Nats' ETS position changes from promise to preference

18 Nov 2008

The National Party has changed its pre-election promise to have an emissions trading scheme up and running by January 1, 2010 to a “preference”.

National reneges on climate change commitments

18 Nov 2008

The Environmental Defence Society has expressed “profound dismay and disappointment” at National’s confidence and supply agreement with ACT.

Fundamental change towards government spending

18 Nov 2008

Decisions made by the incoming Government signal a fundamental change in attitude to government spending, says Business NZ.

Exxon Mobil chief slams Australian ETS modelling

14 Nov 2008

Oil giant Exxon Mobil has taken a potshot at the Australian Treasury's view of the likely economic effects of emissions trading, saying it wanted no part of the carbon reduction scheme.

Rodney Hide ... it's best to do nothing.

Hide stands firm: ETS should be scrapped

11 Nov 2008

The future of the emissions trading scheme is back on the table today as National and Act continue negotiations to form a government.

Alasdair Thompson ... it isn't going to happen.

Ditch ETS and we're in big trouble, say business bosses

11 Nov 2008

Business leaders are warning against scrapping the emissions trading scheme, saying New Zealand risks international trade sanctions and missing out on business opportunities.

Don Nicolson ... time for a re-think.

Time for another look at carbon tax, say farmers

11 Nov 2008

Federated Farmers wants the carbon tax revisited.

Shell chief urges Canadian governments to take control

11 Nov 2008

One of Canada’s top oil men says voluntary efforts to reduce greenhouse gas emissions have failed and should be replaced by coherent and consistent government-mandated rules.

Obama 1: Dark days ahead for fossil fuels

7 Nov 2008

The election of Barack Obama as US President signals a tectonic shift in the nation’s attitudes to future energy sources and to the environment.

New EU states team up against parts of climate plan

7 Nov 2008

Seven eastern members of the European Union have upheld a joint stand against parts of the bloc's climate package which they fear could harm their economies.

Steel manufacturer calls for global carbon regime

4 Nov 2008

Glenbrook steel mill owner Bluescope is calling for a global carbon scheme.

Science, agriculture and New Zealand's future - Anderton

4 Nov 2008

Federated Farmers is to be congratulated for its contribution to the debate about the economy's future direction, Agriculture Minister and Progressive Leader Jim Anderton said today.

Penny Wong ... we'll wait for Copenhagen.

Rudd government to go easy on emissions trading scheme

4 Nov 2008

The Australian Government has no ambitions to set an example by moving dramatically ahead of other countries with its emissions trading regime, Climate Change Minister Penny Wong says.

Bill Currie (left) and Wayne O'Hara assemble a Powerhouse Wind turbine.

Nats' research stance worries wind turbine pioneer

24 Oct 2008

A New Zealand wind-energy pioneer says that plans by a National government to cut the research and development tax credit would hamper his company’s plan to provide affordable wind turbines for householders.

Rodney Hide ... we're being dumb green.

Now is the time to get out of Kyoto, says Hide

24 Oct 2008

ACT party leader Rodney Hide says New Zealand should pull out of the Kyoto Protocol in the face of increased pressures on businesses and households caused by the global financial crisis - but it won’t be a make-or-break issue during any post-election discussions with National.

Labour commits to R&D tax credits and Fast Forward

22 Oct 2008

Prime Minister Helen Clark and Research Science and Technology Minister Pete Hodgson today confirmed Labour’s commitment to significant investment in innovation saying it would produce a step change in New Zealand’s economy.

Peter Neilson ... Kiwi projects need big money.

WANTED: 10,000 rich investors to boost our country

21 Oct 2008

Attracting 10,000 rich investors who want a “piece of the New Zealand story” is the key to getting New Zealand’s clean-tech revolution off the ground, says a former cabinet minister and merchant banker.

David Parker ... happy to comply.

Parker: Nats won't, but we'll answer the questions

21 Oct 2008

Climate Change Minister David Parker says that he is willing to answer Carbon News’ questions on climate change policy – even if National isn’t.

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
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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
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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
More >
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
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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
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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
More >

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
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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
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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
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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
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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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