Topics tagged with 'Tax'
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
'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.
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.
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.
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.
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”.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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?
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.
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.
‘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.
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.
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.
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.
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.
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'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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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 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.
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.
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.
