Topics tagged with 'Tax'
Braver than Kiwis, British Columbians start paying carbon tax on fuel
8 Jul 2008
Canada’s British Columbian state government’s new carbon tax came into effect last week, indicating how the New Zealand may have missed a chance to introduce carbon prices here with limited public opposition.
Seoul aims for voluntary compliance with greenhouse gas protocols
8 Jul 2008
South Korea plans to seek flexible and voluntary compliance with the international effort to cut back on greenhouse gases, the country's climate change ambassador said yesterday.
Dissenters will support ETS if it's law, minutes show
4 Jul 2008
Heavy emitters have revealed privately they will "fall in behind" the emissions trading scheme if it is passed into law.
British Columbians pay more for petrol as carbon tax kicks in
4 Jul 2008
British Columbians are paying more at the gas pump as the provincial government's carbon tax on all fossil fuels takes effect.
Get on with it, unions tell business and politicians
1 Jul 2008
Unions are climbing into the emissions trading debate, using two of their heavy-weights to send a clear message to business and political leaders that it’s time to pass the bill.
OPINION: CTU economist Peter Conway on the ETS
1 Jul 2008
Some business lobby groups are in full scale attack mode on the Climate Change (Emissions Trading and Renewable Preference) Bill since the National Party withdrew its support for the Bill.
Report underestimates benefits of increased forestry planting, say forest owners
27 Jun 2008
A recent report from the NZ Business Council for Sustainable Development grossly underestimates the potential benefits generated by the forestry sector under the proposed emissions trading scheme, says the forest owners’ association (NZFOA), because the report does not factor in the ongoing and increasing ability of newly-planted forests to sequester carbon.
Airlines should pay tax on emissions, Branson says
27 Jun 2008
Aviation is a dirty business and airlines should be willing to pay for the damage they cause to the environment, Virgin Group chairman Richard Branson has told a forum on climate change in Geneva.
No local biofuel under proposed law - manufacturers
24 Jun 2008
Local production of biofuels will be halted by changes to the Biofuels Bill, which came back into Parliament yesterday, say manufacturers.
Poll shock: Most Britons doubt cause of climate change
24 Jun 2008
Climate change campaigners are shocked by the results of a poll which shows that the majority of the British public is still not convinced that climate change is caused by humans.
Lights out - Japan acts to cut hours of convenience stores
20 Jun 2008
Japan's 24-hour convenience stores, already struggling with lagging sales and growth, may soon face yet another threat -- moves to limit business hours and close the stores late at night.
Call to Suspend Motorway Projects
20 Jun 2008
Should oil prices reach $US150 a barrel, the Auckland based transport lobby group is recommending that all uncommitted motorway projects be placed on hold, and funds diverted to increasing the capacity of transport modes that aren't reliant on cheap oil.
Emissions Trading Scheme Proves to be Trojan Horse
20 Jun 2008
"With the raft of exceptions to the proposed scheme," Cross says, "Only the productive and the wealth creators of New Zealand will be hamstrung by this unnecessary cost."
Extreme low hydro inflows reduces TrustPower's profit outlook
18 Jun 2008
The New Zealand major hydro storage lakes have been as low as 49% and are currently 55% of average for this time of the year and the electricity industry has commenced a nationwide power savings campaign.
Heavy emitters: ETS bill changes not sufficient
18 Jun 2008
The Climate Change (Emissions Trading and Renewable Preference) Bill has not been changed sufficiently to allay concerns that industry will struggle to stay profitable in New Zealand, according to the Greenhouse Policy Coalition, which represents large industry across a range of sectors.
National's full minitory report on ETS bill
16 Jun 2008
National has released its miniority report on the ETS bill.
No carbon invoices, says Hyde
13 Jun 2008
Act Party leader Rodney Hyde is ruling out a policy of individual invoices for a carbon flat-tax.
Forestry owners: Ministers claim of liabilities warning not true
13 Jun 2008
Claims by forestry minister Jim Anderton on Radio New Zealand’s Morning Report yesterday that land owners were warned five years ago of potential deforestation liabilities are not correct, the New Zealand Forest Owners Association said yesterday.
ARC calls on Aucklanders to help save energy
13 Jun 2008
Auckland Regional Council chairman Michael Lee is calling on Aucklanders to do their bit for the national energy saving campaign.
ACT working on individual carbon tax?
12 Jun 2008
ACT will cover the ETS debate in Parliament with the concept of individual invoices for a carbon flat tax.
Push for wider use of geothermal energy, using "low heat" resources
12 Jun 2008
New Zealanders will have more opportunity to use heat energy drawn directly from the ground in the future as a result of research being led by GNS Science.
Japan embraces emissions trading - trial scheme to launch
11 Jun 2008
One of New Zealand's major trading partners, Japan, will trial a carbon trading regime later this year.
First personal carbon trading scheme launches
11 Jun 2008
The world's first real time personal carbin trading scheme has launched.
Clark "personally responsible" for shocking deforestation data - Kyoto Forestry Association
11 Jun 2008
US cap and trade bill dies in the Senate
9 Jun 2008
A bill which would have introduced a cap and trade scheme in the US, died in the Senate with a 48 to 36 vote against allowing amendments to be read.
McCain: cap and trade will change the dynamic of US economy
9 Jun 2008
BACKGROUNDER.- The Republican presidential candidate claims he wants to reduce greenhouse gas emissions by 60%. That is 20% less than Obama’s (or Clinton’s) 80% by 2050.
Heavy emitters must pray NZ doesn't follow Obama's ETS plan
6 Jun 2008
New Zealand's heavy emitters, waiting to see how the rest of the world approaches emissions trading, will not like the plan of likely US Democratpresidential candidate Barrack Obama.
Progress on new climate change deal "extremely disconcerting" says UN leader
5 Jun 2008
The director of the UN’s Environment Programme describes current progress in negotiating a new agreement to replace the Kyoto Treaty as “extremely disconcerting”.
PM: Significant risks to export industries without ETS and sustainability
5 Jun 2008
Prime Minister Helen Clark says she sees climate change as one of the biggest environmental and political challenges of our time and singificant risks to export industries if the country doesn't act to become more sustainable.
Anderton weighs into Greens again: Are they Arthur or Martha on dairy prices?
4 Jun 2008
Agriculture Minister Jim Anderton has made his scond strong attack in three days on the Greens.
Australian Minister talks on ETS and fuel prices
4 Jun 2008
Australia's Minister for Agriculture, Fisheries and Forestry, Tony Burke, has talked with The Sunday agenda programme on fuel prices and the proposed emissions trading scheme.
Forum assures committee: parliamentary process is parliamentary process
3 Jun 2008
The Government-appointed multi-sector Leadership Forum on Climate Change is not working as an alternative to the select committee process – and has told the select committee considering the emissions trading scheme so.
Key reveals thoughts on "bastardised" ETS scheme to student blogger
3 Jun 2008
National leader John Key has referred to different credit phase out timelines for different sectors as “a bit of a bastardised way to develop an emissions trading scheme”.
NZ solar efforts look small compared with EU's strong sector growth
3 Jun 2008
CARBON NEWS SPECIAL FEATURE. - While little appears to be happening in New Zealand, the use of solar energy, one of the most accessible and affordable sources of renewable energy available is growing steadily in Europe.
Farmers: Green move to get agriculture into ETS early "not a runner"
29 May 2008
Farmers say a Green Party attempt to get them into the emissions trading scheme early as part of a deal for the party’s support for the climate change bill is not a political runner.
Brtish Gas wants NZ as green test bench
29 May 2008
Further evidence is emerging that Contact Energy is a prime target in the acquisition by British Gas of Australia’s Origin Energy, parent of Contact.
Dunne lines himself up for an anti-ETS bill vote, or a household protector victory
29 May 2008
Is United Future leader Peter Dunne lining himself up for a vote against the emsission trading scheme? Or accolades for delivering a policy concession from the Government?
EU Parliament committee votes overnight for tougher aviation ETS regime
28 May 2008
The European Parliament's Enevironment Committee early this morning (NZ time) voted for a tougher emissions regime for airlines.
ACT: climate change a "pup" but let's have a tax
28 May 2008
ACT has released a 20 point plan for the country, including managing climate change.
Forum heads to the select committee
26 May 2008
A high-powered group of business and community leaders who back an emissions trading scheme will appear before the finance and expenditure select committee today to answer questions from MPs.
Dunne does a dance on ETS costs to households
26 May 2008
UnitedFuture leader Peter Dunne says the party’s future support of both the Emissions Trading Scheme and the biofuels legislation currently before Parliament hinge on the issue of the impact on household budgets.
Continued tax incentives for renewables expected to boost growth 20%
26 May 2008
The US Senate has passed a bil extending tax credits- and authorizing US$2 billion in new bonds to boost renewable energy development.
Fiscal forecast: ETS will lose Govt $121m net in first commitment period
23 May 2008
The Government will allocate $2,151 million in emission credits and earn $2,030 million from them in the first Kyoto commitment period, making a net loss of $121 million.
Dunne: More than tax cuts needed for households to counter ETS price rises
23 May 2008
There will be justifiable outrage and anger if the Government decides to treat these cuts as effectively a down payment on increases in the cost of living brought on by the Emissions Trading Scheme, according to United Future leader Peter Dunne.
Australia debates leaving petrol out of ETS
23 May 2008
A major debate is underway in Australia on leaving petrol out of its emissions trading scheme.
Cullen quizzed on multi-billion ETS surplus from sale of credits
23 May 2008
The Government will make a net revenue gain from the emissions trading system of up to about $159 million a year between 2013 and 2018 - $795 million over five years - and "perhaps" $1b to $1.5 b a year out to 2030.
ANALYSIS: National delivers heavy emitting friends into tougher hands
22 May 2008
National’s decision to abandon support for the emissions trading bill has effectively delivered more power to parties wanting a tougher line on heavy emitters.
Rural internet use jumps 97% in April as fuel prices rise
22 May 2008
Rural people are increasingly turning to the internet in response to rising fuel costs, according to rural broadband provider Farmside.
Smith: Labour needs to come clean on multi-billion dollar ETS windfall profits
21 May 2008
National yesterday again challenged the Government to release the official papers that reveal just how much the Government is set to profit from the emissions trading scheme, saying it is "apalled" it has been denied leave to table official documents in Parliament.
Governor vetos third bid to expand Kansas coal plant
21 May 2008
Kansas Governor Kathleen Sebelius yesterday vetoed the Legislature's third attempt at allowing expansion of a coal-fired power plant in southwest Kansas
'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.
