Topics tagged with 'Tax'
EMA applauds plan to "pause" ETS
21 May 2008
The Employers and Manufacturers Association Northern supports the need for New Zealand to have a robust policy to combat man-made contributions to greenhouse gases.
Regulating greenhouse gases will generate a lot of money -- who should get it?
19 May 2008
A US climate-change bill that has widespread support as it heads to the Senate floor will create an estimated $150 billion of new assets in the first year it takes effect.
ETS will trim Kyoto bill $909 million, pushes Key further out on policy tightrope
16 May 2008
The emissions trading scheme will avoid a 15 to 50 million tonne rise in emissions between 2008 and 2012, Climate Change Issues Minister David Parker has told Parliament, in what appears to a ground preparing statement ahead of National leader John Key’s ETS policy announcement this Sunday.
US shows huge jump in wind installations
16 May 2008
More than 1400MW of new wind energy capacity, costing $3 billion, was installed in the US in the first quarter of 2008 – up from just 124MW in the same period of 2007, according to the American Wind Energy Association (AWEA).
Water emerges as climate change priority in Australia
15 May 2008
The importance of water to Australia is signalled by water security efforts getting a significant share of funds in the $2.3 billion climate change vote in the Rudd Government’ first budget.
McCain outlines plan to confront climate change
14 May 2008
Republican presidential nominee-in-waiting Senator John McCain says America needs a market-based cap and trade system to curb greenhouse gas emissions, mobilise innovative technologies, and strengthen the economy.
Spain dishes out $90m to help poor African countries
14 May 2008
Spain plans to help five poor African countries fight hunger and climate change under a $US90 million scheme to help the continent whose people flood to Spain in their tens of thousands each year.
Rio Tinto joins 'capital strike' game, says union leader
13 May 2008
Rio Tinto’s threat to close the Tiwai Point aluminium smelter is the latest move in a “capital strike” campaign by heavy greenhouse-gas emitters to get their own way over the emissions trading scheme, says EPMU national secretary Andrew Little.
Business decision makers back emissions trading
13 May 2008
Six out of 10 business people agree with the Government’s policy to introduce an emissions trading scheme.
Aussie Budget tipped to deliver massive boost in climate change spending
13 May 2008
Australian Treaurer Wayne Swan will unveil a $2.3 billion climate-change programme in today's budget, the biggest investment of its kind.
The Business Roundtable writes
13 May 2008
References to the Business Roundtable in your editorial of April 29, 2008 were drawn to my attention.
Nats deny any ETS deal with Government
12 May 2008
National is denying reports that it is gearing up to do a deal with Labour over the emission trading scheme, and the Government isn’t commenting.
Can National really make the tough calls on climate change?
12 May 2008
ANALYSIS – National may be showing it really doesn’t want to act on climate change.
New poll: Kiwis like ETS delays but want heavy emitters to pay now
9 May 2008
New Zealanders approve of the Government’s billion-dollar decision to delay bringing transport into the emissions trading scheme – but think that heavy emitters should be facing the cost of their emissions now.
Government disputes $80b 'carbon tax' windfall claim
9 May 2008
The Government is disputing a suggestion by Solid Energy chief Don Elder that it could stand to make $80 billion from New Zealand’s emissions trading scheme.
ANALYSIS: Will Don Elder today spell out his dream for New Zealand?
9 May 2008
What did Don Elder hope to achieve by assuming a carbon price of $200 per tonne and almost nil-emissions reduction – to produce a result showing the Government could make a surplus of up to $80 billion from its emissions trading scheme?
Brits clash with Europe over carbon permit revenue
9 May 2008
The British Government is on course for an embarrassing showdown with the European Union, business groups and environmental charities after refusing to guarantee that billions of pounds of revenue it stands to earn from carbon-permit trading will be spent on combating climate change.
Changes to Kyoto last straw for forest owners
8 May 2008
Recent changes to the government's emission trading scheme mean forestry will be the only sector in the NZ economy meeting its Kyoto obligations until 2011, says the Nz Forest Owners Association in a statement.
Worried companies coming clean on carbon
8 May 2008
Thousands of companies supplying some of the world's largest corporations know climate regulations are coming and are agreeing to measure their emissions of climate-altering greenhouse gases.
EPA experts cast doubts on greenhouse gas emissions trading
8 May 2008
The principal plans Congress is considering to combat global warming may not work as intended, according to an open letter from US Environmental Protection Agency specialists posted today by Public Employees for Environmental Responsibility (PEER).
Greenpeace: Don't subsidise polluting industries
8 May 2008
Don't subsidise polluting industries at the expense of ordinary New Zealanders and the planet.
Government confused over transport – Sustainable Energy Forum
8 May 2008
The Government doesn’t know which way to jump on transport, says Tim Jones, convenor of the Sustainable Energy Forum.
Pandering, polluting, unprincipled – and popular
7 May 2008
ANALYSIS – The Government yesterday gave control over New Zealand’s transport fuel emissions to the offshore oil markets.
Dutch mull over specific greenhouse gases for taxation
7 May 2008
The Netherlands is mulling over whether to build into its new controversial environment tax a specific levy linked to climate-changing nitrogen oxide (NOx) emissions.
Food exporters need help measuring carbon footprint
6 May 2008
The poster-guys of New Zealand’s carbon-neutral scene, Marlborough’s Grove Mill winery, say that Government support is needed if New Zealand exporters are to be ready to counteract growing Northern Hemisphere perceptions that buying our food is bad for the climate.
Nation’s biggest newspaper comes out for Forum advice on emissions trading scheme
5 May 2008
ANALYSIS: The New Zealand Herald today came out in support for the emissions trading scheme course advocated in advice to the Government last week by the powerful Climate Change Leadership Forum.
NZIER sets cat among political pigeons
1 May 2008
Two days after being revealed exclusively by Carbon News, the New Zealand Institute of Economic Research’s (NZIER’s) report into the costs of the Government’s planned emissions trading scheme (ETS) is sending shock-waves through Parliament.
Parker: Emissions trading 'effective and affordable'
1 May 2008
A summary of economic modelling shows emissions trading is an effective approach to reducing New Zealand’s greenhouse gas emissions in the long term, Climate Change Minister David Parker says.
Political realities mean emissions scheme phase in slower than desirable
1 May 2008
The political reality of having all sectors included in an emissions trading scheme means some major emitters will start paying for their greenhouse gas emissions later than is desirable in a perfect world.
Now a home which can feed the national grid
1 May 2008
A Wellington family is expected to enjoy a 75% fall on its annual power use because of energy efficient design and installation of a solar system which also has the potential to feed into the national grid.
ANALYSIS: At last commonsense leadership on the ETS is heard above vested interest
29 Apr 2008
Did we last night see an agreed whole-of-New Zealand view emerge on the emissions trading scheme?
Climate Change Leadership Forum backs emissions trading scheme
29 Apr 2008
The Climate Change Leadership Forum, including 34 business and other sector leaders, has issued 10 key points of policy advice made so far to the Government and Finance and Expenditure Select Committee on the proposed emissions trading scheme (ETS).
Quebec sets cuts and signs up for carbon credit market
23 Apr 2008
Quebec has said it wants to cut its greenhouse gas emissions between 1.5 percent and six percent below 1990 levels by 2012, as it announced it would become an eastern member of a coalition of western US states and Canadian provinces eyeing a regional carbon-credit trading market.
KPMG: Tax consequences of being “green”
22 Apr 2008
When a famous frog sang, “it’s not easy being green …” he could have been referring to the consequences of being green for New Zealand businesses. As far as the IRD is concerned, it’s not going to get any easier.
Labour’s credibility on climate change dies with latest figures
21 Apr 2008
Figures showing yet another increase in New Zealand’s greenhouse gas emissions are a fatal blow to the credibility of Labour’s climate change record, says National’s Climate Change spokesperson, Nick Smith.
EU officials investigate competitiveness issues arising from ETS plan
17 Apr 2008
European Union (EU) officials from the European Climate Change Programme (ECCP) in the past few days have initiated a program to identify which energy-intensive industries might need protection as a result of the EU's recently proposed tougher greenhouse gas (GHG) emissions controls.
Government working on eco claim system, Mallard may look at new accord on packaging
16 Apr 2008
Environment Minister Trevor says the government is on a system to verify eco-claims being made on all goods and services.
EXCLUSIVE: 'Surprise' MAF report shows some farms will profit from ETS
14 Apr 2008
Already well-off dairy farmers could get a 30 per cent profit boost from the ETS, according to an apparently prematurely released Government report.
No need for NZ to drag feet on biofuels
14 Apr 2008
New Zealand shouldn’t delay bringing in biofuel sales obligations and miss out on cutting greenhouse gas emissions by reducing the use of fossil fuels says a major potential investor.
EXCLUSIVE: $18b windfall for NZ government from ETS
11 Apr 2008
CARBON NEWS INQUIRY - The New Zealand Government’s coffers will be boosted by $18b in windfall revenues from sales of carbon credits between 2013 and 2024, according to privileged information obtained by Carbon News.
Australian exchange reveals it will compete with TZ1
11 Apr 2008
The Australian Securities Exchange (ASX) had thrown down the gauntlet to its New Zealand counterpart’s launch later this year of its TZ1 carbon exchange.
No government plans for carbon import tariff – yet
9 Apr 2008
The Government has given an equivocal “No” to the possibility of imposing tariffs on imports from countries that don’t put a price on their greenhouse gas emissions.
The scrap is still on over who gets new $10m a year waste tax revenue
8 Apr 2008
The Waste Minimisation Bill, in the name of Green MP Nandor Tanczos, has been reported back from select committee with unanimous support. It will usher in a new tax raising $30 million a year, if passed
UK Trade Minister: tariffs threat could gain momentum if market doesn’t work
7 Apr 2008
Britain’s Trade and Investment Minister, Lord Digby Jones, has told business executives in Auckland that if the market has not got carbon priced right by 2012, the calls to impose border taxes on goods from countries not paying for emissions could gain momentum.
Climate change "motorway" to higher value production
4 Apr 2008
The effects of climate change are one of the greatest threats we face, Agriculture Minister Jim Adnerton has told the Large Herds Association conference at New Plymouth. If we handle it the right way, it will also be our motorway to higher value production.
Report: Carbon tariffs on China could drive industry back to US
3 Apr 2008
Imposing carbon tariffs on China could drive some manufacturers back to North America, according to a new CIBC Coming Home.
Consultation on climate change measures continues
3 Apr 2008
Climate Change Minister David Parker has welcomed the start of the next round of public engagement on the Labour-led government's important climate change policy of emissions trading.
GHGPC: Emissions Trading - at what cost?
3 Apr 2008
In a presentation to the Finance and Expenditure Select Committee hearing submissions on the Climate Change (Emissions Trading and Renewable Preference) Bill, the Greenhouse Policy coalition, representing the energy intensive sector, had the following to say.
No emissions trading revenue windfall for NZ
2 Apr 2008
Unlike Australia, there will be no multi-billion-dollar windfall to the New Zealand Government from selling carbon credits.
Insolvency threatens Maori forest owners
1 Apr 2008
Some Maori owners of pre-1990 forest land are going to become technically insolvent the day the Government’s emissions trading scheme (ETS) comes into effect, according to the secretary of a Maori incorporation.
Urban rewilding combats global biodiversity decline
Wed 28 May 2025
Media release | A new study led by the University of Sydney reveals how cities around the world are restoring wildlife to their former habitats in the face of ongoing urban sprawl.
US dairy farmers consider return on climate-smart milk
22 May 2025
The approach is just one of many dairy practices now considered “climate-smart” because they could cut production of climate-warming gases.
Greenwashing is rife in Australia, but could its days be numbered?
Wed 28 May 2025
COMMENT: Have you ever ticked the box to “fly carbon neutral”, had something delivered via “carbon-neutral shipping” or chosen to pay a bit extra to buy “carbon-neutral gas” from your energy retailer?
Help sustainable aviation fuels take off or delay targets, airlines warn EU
20 May 2025
Earmarked funding, risk-reduction tools, and simplified imports top Airlines for Europe’s wish list for the EU’s upcoming Sustainable Transport Investment Plan.
Govt's RMA overhaul sparks fears for nature and climate
Fri 30 May 2025
By Shannon Morris-Williams | The Government has opened public consultation on the biggest overhaul of environmental planning rules in New Zealand’s history, with critics warning it puts nature and climate at risk in favour of fast-tracked development and industry expansion.
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.
Govt mulls status quo for ETS auction settings
Thu 29 May 2025
By Liz Kivi | The government has released its consultation on the Climate Change Commission’s latest advice on Emissions Trading Scheme auction settings and volumes, putting forward the option to ignore the commission’s advice to boost auction volumes from 2028-2030.
Pacific Island nations support China's Taiwan claims at high-profile foreign ministers' meeting
Fri 30 May 2025
Pacific nations have backed China's claim over Taiwan during a high-profile meeting, but have shied away from directly endorsing Beijing's push to "reunify" the democratically ruled island with the mainland.
Carbon price too low to fund carbon capture
20 May 2025
The government’s climate target to 2030 is at risk, after revelations that a carbon capture project which the government was relying on to deliver one third of its carbon reductions, might not go ahead.
Fight over coal mine heats up
Fri 30 May 2025
Forest & Bird is calling on the government to create a new scientific reserve covering the Denniston Plateau on the West Coast, which would stop a fast-tracked coal mine.
Trump’s actions are already having consequences for climate, especially for the IPCC - expert
11 Apr 2025
Leading climate scientist, Dr Kevin Trenberth, left the US and came home to New Zealand because of the rise of Donald Trump. In this comment piece, he writes that he is appalled in multiple ways by the so-called “war on science” unfolding through staff cuts and the president’s policy edicts.
Owning a green home could cut mortgage payback time by two years
9 May 2025
A green certified home plus a green mortgage and associated energy bill savings could save Kiwi families up to $98,800 over the course of their mortgage - the equivalent of being mortgage-free several years early, according to new research.
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.
Watts talks big on energy reform, but barriers persist
Thu 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.
Could ‘orange’ hydrogen be NZ’s key to net-zero?
Fri 30 May 2025
By Liz Kivi | New Zealand could be sitting on resources for a thriving multi-billion-dollar, low-carbon hydrogen economy, which might even be capable of creating a net reduction of carbon dioxide, according to scientists.
Govt budgets $200m for would-be gas investors
23 May 2025
By Liz Kivi | Energy Resources Aotearoa has welcomed the government's plan to co-invest $200 million in fossil gas expansion, while environmental and climate groups have reacted with horror.
Glacier collapse buries most of Swiss village
Fri 30 May 2025
The Swiss village of Blatten has been partially destroyed after a huge chunk of glacier crashed down into the valley.
Oceans Commission must have teeth – minister
14 May 2025
If an Oceans Commission were to be established under the government it would need genuine powers to make change, says Minister for Oceans and Fisheries Shane Jones.
Water crisis on the horizon?
26 May 2025
Media release | Sewage contaminating Auckland oyster farms highlights the “dire state” of water infrastructure in Aotearoa, says University of Auckland Associate Professor Daniel Hikuroa.
Why expensive gas – not net-zero – is keeping UK electricity prices so high
Wed 28 May 2025
The UK’s high electricity prices have become intensely political, with competing claims over the cause of rocketing bills and how best to get them down.
Hotter and deeper: how NZ’s plan to drill for ‘supercritical’ geothermal energy holds promise and risk
2 Apr 2025
By David Dempsey, University of Canterbury | New Zealand’s North Island features a number of geothermal systems, several of which are used to generate some 1,000 MegaWatts of electricity. But deeper down there may be even more potential.
Electrification challenge for politicians, regulators
27 May 2025
Rewiring Aotearoa is calling for stronger political leadership to bring its vision of a cheaper, cleaner and stronger energy system to life, with the launch of its policy manifesto today.
Nelson backs ‘ambitious’ emissions target, but mayor nervous
26 May 2025
By Max Frethey, Local Democracy Reporter | Nelson’s mayor has been accused of “pouring cold water” on ambitious greenhouse gas emission targets proposed for the city.
Energy Australia is in court accused of greenwashing. What is the case about and why is it significant?
16 May 2025
Climate group alleges energy giant misled 400,000 customers about ‘Go Neutral’ product, arguing that carbon credits don’t actually remove emissions.
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.
While govt ‘refreshes’ fund for low carbon trucks, are transport emissions set to accelerate?
Wed 28 May 2025
By Liz Kivi | The government has announced it is updating the Low Emissions Heavy Vehicle Fund, however cuts to funds to decarbonise transport in last week’s budget, and potential changes to road user charges, could stall transport emissions reductions.
Climate change could drive surge in foreclosures and lender losses, new study finds
22 May 2025
Extreme weather linked to climate change could spell financial ruin for many American homeowners and lead to billions in losses for lenders, a new study finds.
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.
Energy Australia apologises to 400,000 customers and settles greenwashing legal action
22 May 2025
Energy retailer says carbon offsetting ‘not the most effective way’ to reduce emissions.
Kiwi cleantech companies on the world stage
27 May 2025
Six New Zealand 'cleantech' companies were in Singapore earlier this month, along with a venture capital firm and the MacDiarmid Institute, to meet investors and multinational partners.
Carbon News launches price index
24 Jun 2024
Today’s issue is the first to feature Carbon News’ own carbon price index for secondary market spot prices for NZUs on New Zealand’s compliance market.
New research reveals NZ’s natural resource footprint
Thu 29 May 2025
Media release | New research from the office of the Parliamentary Commissioner for the Environment reveals that about 107 million tonnes of natural resources were required to produce the goods and services consumed by New Zealanders in 2019 – approximately 21 tonnes per person on average.
World’s nations to gather in France to tackle what UN says is a global emergency in the oceans
Fri 30 May 2025
The world’s nations are gathering in France next month to tackle what the United Nations calls a global emergency facing the world’s oceans as they confront rising temperatures, plastic pollution choking marine life, and relentless overexploitation of fish and other resources.
Europe’s next climate target may already have been agreed in Berlin
Wed 28 May 2025
Germany’s new coalition has adopted a climate stance shaped by talks with the EU’s top climate official, signalling where the bloc may land on a likely upcoming 2040 emissions target.
Warm water affecting Antarctica’s largest ice shelf - new research
22 Apr 2025
While Antarctica’s Ross Ice Shelf is currently stable, new research shows warm water is reaching up to 170 kilometres under the front of the ice shelf.
NZ's first chance in 20 years to catch up on waste
Fri 30 May 2025
Media release | The government has announced proposals for updating the Waste Minimisation Act and the Litter Act. For the first time in nearly 20 years, Kiwis have a chance to catch up with other countries to reduce our waste and litter.
Dismissals 'massive win' for climate movement
13 May 2025
The outstanding charges against 25 climate activists who disrupted traffic in Wellington have been dropped, a move the group calls a win for the climate movement.
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.
For the first time, China invests more in wind and solar than coal overseas
Thu 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.
A fungus that can ‘eat you from the inside out’ could spread as the world heats up
27 May 2025
Infection-causing fungi responsible for millions of deaths a year will spread significantly to new regions as the planet heats up, new research predicts — and the world is not prepared.
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.
More than 1 in 4 cars sold globally in 2025 expected to be EV: IEA report
26 May 2025
According to the Global EV Outlook 2025 report from the International Energy Agency (IEA), 2025 is set to be big for EV sales. The report predicts that about one in four cars sold worldwide this year will be electric, despite overall market uncertainties.
Brazil seeks early deals on two stalled issues at Bonn climate talks
26 May 2025
Moving forward work on just transition and implementing recommendations from the Global Stocktake of climate progress are key priorities for upcoming UN negotiations.
Global sea levels rise spelling catastrophe for coastal towns and cities
14 May 2025
For around 2,000 years, global sea levels varied little. That changed in the 20th century. They started rising and have not stopped since — and the pace is accelerating.
Tropical forest loss hit new heights in 2024; fire a major driver in Latin America
23 May 2025
Tropical forest loss skyrocketed in 2024, with vast swaths of primary forest consumed by fire, according to new satellite data.
NZ moving too slowly to decarbonise – former commission chair
22 May 2025
By Liz Kivi | New Zealand's energy transition is too slow and too controlled by vested interests, according to former Climate Change Commission chair Rod Carr.
