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Topics tagged with 'Tax'

More in: Tax
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Barack Obama ... will inherit huge problems as president.

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.

Ed Miliband ... Government must play its part in the big shift.

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.

Nick Smith ... silence.

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.

Huntly power station.

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.

Fraser Clark ... unusual signal.

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.

Warren Buffett ... soon to control South Island electricity grid.

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.

David Parker ... Government has provided safety valve.

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.

Stockton mine ... going for deeper coal.

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.

Phil O'Reilly ... business should be gearing up now.

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.

Aluminium makers could qualify for free carbon allowance.

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.

Bryan Gunderson

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.

Don Nicholson ... huge financial implications for farmers.

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.

Peter Conway

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.

Air cargo ... carbon footprint worries.

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.

Dickon Posnett ... utterly uneconomic.

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 Group CE Tony Hayward .. cap and trade the best way

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.

David Parker ... 'We all have an interest in seeing a durable global carbon market develop.'

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.

Roundtable: NZIER survey confirms ETS proposals lack support

11 Jul 2008

“The New Zealand Institute of Economic Research survey confirms what the Business Roundtable has been saying: that the government has failed to make a robust case to the public that further action against climate change is in New Zealand’s interests, and that without public support any action is likely to be politically unsustainable”, Roger Kerr, executive director of the New Zealand Business Roundtable said.

Dutch report: best response to increase the number of emission-abating countries

Did the ETS really cause big business to leak?: the Dutch evidence

8 Jul 2008

Everywhere emissions trading is being considered, heavy emitters are saying they will relocate to countries without a price on carbon.

Japan summit to test G8 leaders on climate change, world economy and security

8 Jul 2008

The leaders of the Group of Eight (G8) industrialised nations gather in Hokkaido, Japan, today for their annual summit and face the challenge of showing greater resolve to fight global warming, remedying the world economy and easing tensions in the world's hot spots.

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
More >

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
More >

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
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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
More >

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
More >

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
More >

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
More >

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
More >

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
More >
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
More >

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
More >

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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