Topics tagged with 'Tax'
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.
Environment will wither whoever wins US election
21 Oct 2008
Eager anticipation of a new American president offering a dramatic departure on issues such as climate change is rapidly being tempered by the financial crisis that threatens to blight the next administration's agenda, says the Times Online.
New-man Miliband has blueprint for greener UK homes
21 Oct 2008
Britain’s new Secretary of State for Energy and Climate Change, Ed Miliband, is drawing up plans for a "big shift" in the way Britons heat and power their homes, the Independent on Sunday has revealed.
Nats and climate change: The unanswered questions
17 Oct 2008
Carbon News’s questions for the National Party on key climate-change policy issues have met with silence over the past week.
Govt releases rules for emissions reporting
14 Oct 2008
The Government has released draft regulations for emissions reporting by most of the country’s biggest emitters of greenhouse gases.
We're wasting our wood resource, says biofuel innovator
14 Oct 2008
A world-leading New Zealand innovator says he despairs over the country's inertia when it comes to using its abundant wood waste resource.
Top economist supports chamber's views on carbon taxes
14 Oct 2008
The latest pronouncement from one of the world's top economists that a carbon tax is better than an emissions trading scheme to fight global warming is welcome news, according to the Wellington Regional Chamber of Commerce.
ETS will hinder economic growth, says Kiwi Party
14 Oct 2008
Kiwi Party leader Larry Baldock rhas enewed his party's call for the repeal of the Emissions Trading Scheme.
Key players ponder Nat's 'unusual' R&D decision
10 Oct 2008
Key players in New Zealand’s renewable energy sector are stoic - if somewhat bemused - in the face of National’s announcement that it intends dropping the 15 per cent tax-credit for research and development if it wins power.
Buffett makes a bid for power - that's our power
10 Oct 2008
American billionaire-investor Warren Buffett, through holdings in the Wells Fargo Bank, is on the verge of assuming beneficial control of Transpower’s South Island high-voltage electricity grid.
Major players say no to carbon price-cap proposal
7 Oct 2008
A call for a price-cap on carbon in New Zealand is supported by neither the Government nor significant industry players spoken to by Carbon News.
Time for green thinking on the economy, say Greens
7 Oct 2008
It is time for Government to set its sights on a green economy to ensure there will be jobs for New Zealanders, that food will be affordable, and it won’t be out of people’s reach to get around, the Green Party says.
Asian coal demand gives longer life to Stockton mine
3 Oct 2008
Solid Energy’s Stockton coal mine will operate for at least another 20 years.
'Hard year' nearly halves Meridian profit
3 Oct 2008
State-owned Meridian energy’s profits have almost halved.
Tax cuts eaten into by emissions trading
3 Oct 2008
The executive director of the Greenhouse Policy Coalition, Catherine Beard, says the much needed tax cuts will unfortunately be eaten into significantly by the increased costs households will face from the emissions trading scheme.
Big emitters play the waiting game with ETS
30 Sep 2008
Some of New Zealand’s major emitters of greenhouse gases are waiting to see who wins the election before committing themselves to buying carbon credits.
EU offers first analysis of carbon leakage risk
23 Sep 2008
Parts of Europe's aluminium, steel and cement industries are likely to qualify for free carbon allowances to compensate them for lost international competitiveness under plans to revise the EU's emission trading scheme, the European Commission suggests in a new analysis.
FUTURE AMERICA: What the candidates say about emissions and climate change
19 Sep 2008
U.S. presidential candidates Barack Obama and John McCain say that if they are elected in November, they will fight global warming by reducing carbon dioxide emissions to 1990 levels by the year 2020, using methods that include a cap-and-trade system.
FORUM: Is the door open for a carbon tax?
19 Sep 2008
Kensington Swan energy specialist Bryan Gunderson looks at the impacts of Australia adopting a carbon tax.
Disappointed farmers vow to fight on ... but how?
12 Sep 2008
Federated Farmers will keep fighting the emissions trading scheme – but isn’t sure what move to take next.
REACTION: Greens: ETS a first step, time for some big strides now
12 Sep 2008
The passing of the Emissions Trading Scheme is the first small step towards getting New Zealand’s carbon emissions under control – there is still much work to be done, the Green Party says.
LETTER: Bad news for Ngai Tahu
12 Sep 2008
In Carbon News (5 Sept 2008) Willie Te Aho was quoted as saying that the deforestation liability for Ngai Tahu would be around $15,000 per hectare for changing the use of its 80,000 hectare pre-1990 forest estate.
Govt all talk and no action, says vehicle emissions group
9 Sep 2008
The Government needs to put its money where its mouth is when it comes to lowering vehicle emissions, says a high-powered lobby group.
Biofuels decision upsets Nats' environment spokesman
9 Sep 2008
More harm than good will come from making biofuels compulsory, says National’s Environment spokesman, Nick Smith.
ETS bill a good compromise - CTU
2 Sep 2008
The CTU welcomes the progress being made in Parliament on the emissions trading scheme.
Call for funding for trials of alternative fertilisers on farms around lakes
2 Sep 2008
The time bomb of chemical leaching threatening Rotorua lakes and waterways can be worked through with alternative farming practices that not only maintain production but look after the environment according to fertiliser company Agrissentials.
Urban development discussion document published
2 Sep 2008
A discussion document Building sustainable urban communities –Designing a place-based approach to sustainable urban development in New Zealand, has been published today.
ETS DEALS: What the Greens and NZ First got changed
29 Aug 2008
Changes to the ETS bill, negotiated in return for the support of the Green and New Zealand First parties, are:
New report lists advantages of scrapping fossil fuel subsidies
29 Aug 2008
A newly published UN report says scrapping fossil fuel subsidies could play an important role in cutting greenhouse gases while giving a small but not insignificant boost to the global economy.
ANALYSIS: How we can live without cars
26 Aug 2008
A new report by the Land Transport Agency reads like a Green Party policy statement at first glance – it’s time to change public attitudes so that single-occupant car journeys become a thing of the past and people use more public transport.
Pass the ETS, greens, unions and business tell politicians
22 Aug 2008
Environmentalists, unions and business are urging politicians to pass the emissions trading scheme.
Public happier with Personal Carbon Trading, study shows
19 Aug 2008
New research by Britain’s Institute for Public Policy Research reveals that the public favours Personal Carbon Trading (PCT) over other emission reduction policy options for individuals and households.
Airlines under pressure to reduce freighter flight emissions
5 Aug 2008
The question of just how big a carbon footprint air cargo creates and what can the industry do to lessen its impact on the environment are becoming increasingly difficult to ignore.
Biofuels player pulls $100m plug on New Zealand plant
1 Aug 2008
A British biofuels company is pulling its $100-million investment out of New Zealand, blaming the Government’s Biofuels Bill.
ANALYSIS: Show faith in our emerging biofuels industry
1 Aug 2008
Today’s news that UK-based Argent Energy is pulling out of New Zealand because of what it sees as the distorted biofuels market which the Biofuels Bill has failed to address should sound large alarm bells in Government circles – but will anyone be listening?
BP: What it says over there - and here
1 Aug 2008
The head of BP says a cap and trade system is the best way of creating conditions to reduce emissions.
South Africa vows to shift energy policy from coal to nuclear
1 Aug 2008
The South African government says it will move away from cheap coal - long the engine of its economic growth - and embrace nuclear and renewable energy in a bid to combat climate change.
BREAKING NEWS: Government calls for tough CDM regime
29 Jul 2008
New Zealand is calling for tougher rules around carbon credits and investments, saying that governments should be required to monitor and enforce minimum requirements for clean development mechanisms.
Public wants help with ETS costs, survey shows
22 Jul 2008
Overwhelming public support for help for households in coping with the costs of an emissions trading scheme could provide the impetus to get the scheme passed before the election.
Fertiliser companies' carbon move could cost consumers
22 Jul 2008
A push by fertiliser companies to sheet home carbon dioxide emission charges to the “end users” of the fertiliser has conjured up the possibility of a carbon levy or surcharge on consumer foodstuffs sold in supermarkets and elsewhere.
Maori Party sticks to polluters-should-pay stance on ETS fuel plans
18 Jul 2008
The Maori Party is unlikely to push for an Australian-style buffer against the effects of increased fuel prices under New Zealand’s proposed emissions trading scheme.
Long-haul airlines to get carbon relief from Europe
18 Jul 2008
Airlines flying long-haul to Europe will get extra allocations of carbon credits under the European emissions trading scheme, says the European Commission to New Zealand.
Canadian premiers squabble over climate change action
18 Jul 2008
The annual Canadian premiers' conference has opened in Ottawa with rival camps in the climate change debate digging in their heels, reports the Toronto Star.
Australia announces all-gases and almost-all sectors ETS
16 Jul 2008
Australia has announced a proposal for a broad emissions trading scheme that covers all six greenhouse gases and every sector except agriculture.
REACTION: Green Paper gives cold comfort to those wanting to delay emissions trading
16 Jul 2008
The Green Paper outlining the Australian Government’s thinking on emissions trading shows it is well aligned with New Zealand’s plans, says the New Zealand Business Council for Sustainable Development
REACTION: NZ emission scheme should pick up some Aussie ideas, say forest owners
16 Jul 2008
Forest owners have welcomed the release by the Australian Government of its preferred policies to reduce greenhouse gas emissions.
Acting on climate change: towards an Australian carbon pollution reduction scheme
16 Jul 2008
The following is the official summary of the Australian Government’s green paper on climate change, released today by Prime Minister Kevin Rudd, Treasurer Wayne Swan and Climate Change Minister Penny Wong.
World won't buy ETS dream, top economist tells Aussies
15 Jul 2008
Australians are being told by one of the world’s leading economists that the world will never support an emissions trading regime.
Hutt City Council slashes gas emissions
Mon 3 Nov 2025
By Shannon Morris-Williams | Hutt City Council is set to cut its gas emissions by 60% by 2026 as it speeds up phasing out fossil fuels from public facilities.
Carbon price drops, now trading 30% below auction floor
Mon 3 Nov 2025
By Liz Kivi | Secondary carbon market prices took a sharp downward turn last week, with traders blaming a continued lack of interest from buyers.
NZ’s government wants tourism to drive economic growth – but how will it deal with aviation emissions?
22 Oct 2025
By Robert McLachlan, Te Kunenga ki Pūrehuroa – Massey University | Following a brief dip during the COVID pandemic, aviation is back in a growth phase.
Air NZ inks deal for its first internationally verified carbon credits
9 Oct 2025
By Liz Kivi | Air New Zealand has committed to buying 8000 tonnes of carbon removals by 2030, in partnership with local native forest investment platform My Native Forest.
Celebrities slam mining plans
28 Oct 2025
Actor Sam Neill has slammed plans for a gold mine in Otago, while Denniston Rose author Jenny Pattrick is backing a petition that would stop a coalmine on the West Coast.
Govt launches strategy backing wood-based heat sector
23 Oct 2025
By Pattrick Smellie | Forestry biomass could replace as much as 40% of fossil fuel-generated process heat by 2050, but access to supply, regulatory settings and business cases for converting to wood-based heat sources are required, the Government says in a series of documents released yesterday.
Taxonomy seen as key to shaping NZ’s voluntary nature credit market
Thu 30 Oct 2025
By Shannon Morris-Williams | Experts say aligning the New Zealand Sustainable Finance Taxonomy with the development of voluntary nature credit markets could strengthen credibility, streamline investment, and support high-integrity environmental outcomes.
Devastation on repeat: How climate change is worsening Pakistan's deadly floods
Mon 3 Nov 2025
Rescuers and relatives searched knee-deep in water for the body of one-year-old Zara. She'd been swept away by flash floods; the bodies of her parents and three siblings had already been found days earlier.
‘Plain old dull’: NZU market continues to limp sideways
24 Oct 2025
By Liz Kivi | The NZU market has been “plain old dull” in recent months, with activity driven mainly by credit opportunities or a specific need to raise cash, according to Lizzie Chambers of trading platform Carbon Match.
Scrutiny on energy security
Mon 3 Nov 2025
A special debate in Parliament put the Government’s energy security agenda under scrutiny, with parties splitting sharply over the role of gas, the place of an LNG import terminal, and how far to push market reform to ease pressure on power bills.
'Little to be hopeful about' – NZ scientists caution ahead of COP30
Fri 31 Oct 2025
By Shannon Morris-Williams | Record heat, worsening climate impacts and global backsliding on emission reduction commitments have left some New Zealand climate experts with little optimism as COP30 approaches.
$235 billion worth of NZ buildings exposed to flooding
Thu 30 Oct 2025
More than 750,000 New Zealanders live in locations exposed to one-in-100-year floods, according to a nationwide study which shows escalating flood risk.
No high-level US representatives will go to UN climate talks, Trump officials say
Mon 3 Nov 2025
Decision to stay away from Cop30 meeting in Brazil underscores administration’s hostility to climate action.
All carrot, no stick for farmers on methane
17 Oct 2025
By Pattrick Smellie | COMMENT: The abandonment of methane emissions pricing and the adoption of a weaker target is effectively the last nail in the coffin of the historic cross-parliamentary consensus embedded in the Zero Carbon Act 2019.
Lake Onslow battery project set for revival?
Wed 29 Oct 2025
A newly formed private consortium has emerged with plans to finance and build the massive Lake Onslow pumped-hydro project, despite the coalition government’s decision to abandon the scheme.
From nuisance to crisis: New report on pest wasps In Aotearoa
24 Sep 2025
Media release: Moths and Butterflies NZ Trust | Just published is the Final Report of the Pest Wasps Survey carried out by the Moths and Butterflies of NZ Trust (MBNZT) offering a comprehensive look at New Zealanders’ awareness, experiences, and attitudes toward wasps and the growing ecological, health, and social issues associated with them.
Hawke’s Bay Regional Council welcomes new flood data
Mon 3 Nov 2025
Media release | Hawke’s Bay Regional Council welcomes the release of the National Flood Tool and accompanying data by Earth Sciences New Zealand. This is an important contribution to understanding the impacts of climate change for New Zealand.
NZ marine heatwaves could double in intensity under high-emissions pathway
16 Oct 2025
By Shannon Morris-Williams | New projections show marine heatwaves will grow more intense around the North Island and more frequent around the South Island as the climate warms – raising risks for fisheries, aquaculture, coastal ecosystems and tourism.
Media round-up
Fri 31 Oct 2025
In our round-up of climate coverage in local media: A controversial seabed mining project could lead to sediment flows knocking over rigs and damaging wind turbines; weather-related insurance claims climb; and is the government playing Russian Roulette with our future over methane targets?
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.”
Developing countries will need US$310 billion annually for climate adaptation by 2035
Fri 31 Oct 2025
Media release - UN Environment Programme: Slow climate adaptation is threatening lives and economies.
No major banks have yet committed to stop funding new oil, gas and coal, research finds
24 Oct 2025
‘The objectives of the Paris agreement are slipping further out of reach,’ say researchers.
Look out for these 8 big ag greenwashing terms at COP30
28 Oct 2025
Food and farming companies will claim agriculture is the solution to the climate crisis at the Brazil summit — even though food drives a third of global warming.
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.
Vero warns losses to rise 26% by 2050 over extreme weather
Wed 29 Oct 2025
By Shannon Morris-Williams | Extreme weather could drive a 19–26% spike in annual insurance losses by 2050, fuelled by rising seas and more intense flooding, according to Vero’s latest Climate-Related Disclosures Report.
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.
Judge says Greenpeace must pay $345 million in pipeline lawsuit, cutting jury amount nearly in half
Fri 31 Oct 2025
A North Dakota judge has ordered Greenpeace to pay damages of $345 million, reducing an earlier jury award after it found the environmental group and related entities liable for defamation and other claims in connection with protests of an oil pipeline nearly a decade ago.
Nelson commuters urged to ditch car once a week
22 Oct 2025
By Max Frethey, Local Democracy Reporter | Nelson has a bold carbon emission reduction target and residents are being encouraged to leave the car at home one day a week to help meet it.
Global oil demand won't peak until 2032, Wood Mackenzie report says
Fri 31 Oct 2025
“Global oil demand will not peak until 2032, two years later than earlier thought, consultancy Wood Mackenzie said in a report on Wednesday that blames continued momentum in the use of hydrocarbons for transport and petrochemicals.”
Govt ‘captured by industry’ on methane – Carr
21 Oct 2025
By Liz Kivi | Former Climate Change Commission chair Rod Carr says that recent moves to weaken methane targets and halt plans for agricultural emissions pricing show the Government has been captured by industry.
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.
Climate impacts hit NZ with increasing wild weather
23 Oct 2025
By Liz Kivi | New Zealand is facing a triple whammy of climate impacts today, with severe winds and rainfall predicted for much of the country while some areas are still dealing with wildfires ignited earlier in the week.
Ardern: 'We must not give up on 1.5'
Fri 31 Oct 2025
By Shannon Morris-Williams | Former prime minister Dame Jacinda Ardern says the world must not abandon the Paris Agreement’s 1.5°C goal, warning that a decade on from COP21 “too many of the debates we thought were settled are still being had.”
Carbon Finance Program upscales efforts to close climate investment gap in climate vulnerable nations
22 Oct 2025
Media release | The Climate Vulnerable Forum and its V20 Finance Ministers (CVF-V20) will work with the Voluntary Carbon Markets Integrity Initiative (VCMI) to upscale the Carbon Finance Program in reach and impact, supporting more climate-vulnerable countries to host high-integrity carbon projects that yield tangible climate, nature, and sustainable development benefits.
Lobby group launches ‘blueprint’ for ocean management reform
18 Sep 2025
The Environmental Defence Society yesterday released its plan to tackle widespread ecological decline in our oceans.
Experts warn new science curriculum sidelines climate urgency
Mon 3 Nov 2025
Climate change education has been pushed too late and too lightly in the Government’s draft science curriculum, experts say, with students not formally learning about climate change until Year 10.
Judge dismisses suit by young climate activists against Trump’s pro-fossil fuel policies
17 Oct 2025
Plaintiffs had ‘overwhelming evidence’ of climate crisis but a court injunction would be ‘unworkable’, ruling says.
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.
The Yangtze River is becoming the world’s largest electrified trade corridor
Thu 30 Oct 2025
The Gezhouba, a new 13,000-ton all-electric bulk carrier launched in Yichang, is more than a technical milestone. It is a sign that the electrification of inland shipping is moving from concept to inevitability.
AgriZero backs Aussie IVF innovator
Mon 3 Nov 2025
By Pattrick Smellie | The NZ government-led low carbon agriculture consortium AgriZero has invested A$1.5 million (NZ$1.7m) in a Queensland-based start-up looking to bring down the cost of inserting fertilised embryos into livestock.
Climate scientists and republican lawyers are taking aim at Big Tech’s emissions
17 Oct 2025
Technology companies have long been one of the biggest investors in clean energy, but new accounting rules could upend that.
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.
How ‘vehicle-to-grid’ technology could boost China’s electricity system
Fri 31 Oct 2025
China’s surging electric vehicles ownership – now exceeding 25.5m – is opening the door to a new technology that can help to enhance the flexibility of electricity supply.
Fix it, don't ditch it: University of Auckland hosts first Repair Cafe
9 Oct 2025
Media release - Auckland University | The University's first-ever Repair Cafe is bringing students and staff together to give broken items a new lease on life, while promoting a culture of repair and reuse.
Council buys dairy farm to help clean up Lake Rotorua
21 Oct 2025
Bay of Plenty Regional Council has bought a 266-hectare dairy farm in the Lake Rotorua catchment and plans to retire it from production to reduce nitrogen entering the lake.
Adaptation plan at odds with public sentiment: survey
21 Oct 2025
By Liz Kivi | The Government’s position on climate adaptation buyouts shows a disconnect with public opinion, according to survey findings from insurer Suncorp NZ.
‘Damp squib’ – Govt energy plan slammed for locking in fossil fuels
2 Oct 2025
By Shannon Morris-Williams | Critics across business, climate groups and the opposition say the Government’s electricity reforms duck structural change, double down on LNG and gas, and offer little relief for soaring power prices – warning of an “expensive white elephant", deeper energy poverty and a missed chance to scale renewables.
