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Topics tagged with 'Tax'

More in: Tax
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Austria govt unveils 'eco' tax reform

4 Oct 2021

Austria's government unveiled on Sunday what it calls an "eco-social" reform of the tax system, a key promise of the conservative-green coalition.

Car dealer imports extra utes to avoid high emissions levy

29 Sep 2021

Auckland car dealership Simon Lucas Mitsubishi put out a press release yesterday saying it had secured a shipment of 2021 Mitsubishi Tritons – allowing people to avoid the high emissions levy due to come into force next year.

Opinion: tax corporations to pay for climate change adaptation

24 Sep 2021

The rapid, radical decarbonisation needed to save the planet will cost a lot. Taxing multinationals and the wealthy properly can help pay for it, argues Eva Joly, a member of the Independent Commission for International Corporate Tax Reform (ICRICT).

Bedouin villages around the Ramat Hovav industrial area in southern Israel suffer from a high level of air pollution from nearby chenical evaporation ponds and an Israel Electric Corporation power plant

Israel announces carbon tax

4 Aug 2021

Israel has announced it will introduce a carbon tax from 2023, with the tax initially applying to just coal, liquified petroleum gas, fuel oil, petcoke and gas.

10 YEARS AGO...

3 Aug 2021

Ten years ago, British electricity generators were paying 16 pounds a tonne for carbon – nearly twice the then price of carbon in New Zealand.

Best way to tax carbon at the border

3 Aug 2021

As more world leaders consider levying border taxes on climate-damaging goods, a new study looks at ways it can be done in countries—including the United States—that haven’t established a domestic market for carbon emissions.

Carbon tariffs ‘not a bad thing’: WWF

30 Jul 2021

WWF International president Pavan Sukhde. a former managing director of Deutsche Bank, has expressed support for carbon tariffs in an interview with Yahoo Finance.

US drawing up carbon tax plans

16 Jul 2021

US legislators are drawing up plans for a tax on imports from carbon-polluting countries to help pay for a $US3.5 trillion ($4.7 trillion) package in new government spending on everything from universal childcare to an expansion of public healthcare benefits.

Business views EU carbon levy as protectionest

6 Jul 2021

The EU faces an uphill battle to convince trading partners that the world’s first levy on carbon imports is fair, workable and a necessary part of the bloc’s attempted green revolution as opposed to a protectionist tool.

Getting people out of their cars a top priority

14 Jun 2021

The lead author of a 2016 Royal Society report that recommended a feebate scheme says yesterday’s announcement is welcome news but getting people out of their cars remains a top priority.

Jungfraoujoch GAW Global station

Swiss reject climate tax hike

14 Jun 2021

Exit polls on Sunday indicated that Swiss voters appear to have narrowly rejected a proposed “carbon dioxide law” that would have hiked fees and taxes on fuels that produce greenhouse gases.

Looming EU carbon tariffs

11 Jun 2021

Europe is preparing legislation that would jolt the rules of international trade by taxing imported goods based on the greenhouse gases emitted to make them.

Kiwis want action on climate change: IAG Poll

11 Jun 2021

Media Release - New Zealanders are increasingly expecting the government and business sector to take stronger action on climate change adaptation, according to the results of IAG’s fourth annual climate change opinion poll.

Dr Rod Carr, Chair of the Climate Change Commissioner.

Responses to ClimCom final advice divides along usual lines

10 Jun 2021

An avalanche of press releases in response to yesterday’s release of the Climate Change Commission’s final advice to the government sees interest groups dividing along familiar lines.

Carbon tax planned for Indonesia

9 Jun 2021

The Indonesian government is working on amending the country's tax law, which will include a new carbon tax scheme aimed at increasing state revenue from several industries.

E-bike sales up 300 per cent – SUV sales skyrocket

4 Jun 2021

In mixed news for the climate, e-bike sales are going through the roof – but so are those of double cab utes and SUVs.

How should that $3 billion in ETS revenues be spent?

27 May 2021

Paying farmers to reduce their stocks, electrifying the main trunk line, and subsidies to zero-carbon housing, are some of the ideas suggested by experts for how the Government should spend the estimated $3 billion dollars raised over the next five years from the ETS auctions.

Auckland to spend $21 a year per household on climate change

20 May 2021

Auckland City’s proposed $160 million of spending on climate change over the next 10 years, announced in this week’s “recovery budget,” will add just $21 to the annual rates bill of residential property owners.

$800 per tonne methane tax floated in UN report

7 May 2021

A major UN study on methane, released today, calls for a cut in the consumption of meat and dairy products of up to 50 per cent and observes that a global tax of $US800 per tonne of methane would result in a 75 per cent reduction in emissions by 2050.

Rail plan lacks climate ambition

6 May 2021

The Government has highlighted the 2.5 million tonnes of greenhouse gases New Zealand Rail prevents from entering the atmosphere each year, in its just released NZ Rail Plan, but a climate change expert says the plan is disappointing in its lack of ambition.

Simon Upton’s spirited defence of a departure tax

6 May 2021

The Parliamentary Commissioner for the Environment, Simon Upton, gave a spirited defence of his proposal for a departure tax at today’s Environment Select Committee, despite the Government having ruled it out in the near term.

Calls for US ETS

28 Apr 2021

Industry groups call for pricing alternative to US president’s preference for mandated reductions, The Financial Times reports.

Pacific plan to decarbonise shipping

27 Apr 2021

The Marshall Islands is calling for a greenhouse levy on gas to speed up the decarbonisation of shipping.

Current NZU trigger price risks $500m bill

22 Apr 2021

The Government could find itself having to buy carbon credits to the tune of half a billion dollars on the international market if the current $50 trigger price for releasing additional NZUs at auction isn’t increased.

Best by the rest...

22 Apr 2021

In our weekly round up of the best climate coverage in the local media, we include items by Jim Salinger on over fishing's mammoth threat to the climate, former PM Helen Clark on her vision of a green NZ, and talk of a night train between Auckland and Wellington.

Departure tax not on the cards

21 Apr 2021

The Government is not currently considering the Parliamentary Commissioner for the Environment's proposal for a departure tax.

China slams European border levy proposal

20 Apr 2021

Chinese President Xi Jinping slammed the European Union’s plan for a carbon border levy in a call with the leaders of France and Germany on Friday (16 April), according to state media.

Bursting the climate bubble

Bursting the climate bubble

19 Apr 2021

The government missed an opportunity to transition to a more sustainable future with the opening of the trans-Tasman bubble today, according to two academics.

10 YEARS AGO...

19 Apr 2021

Ten years ago, the then British High Commissioner, Tony Clemson, was criticising New Zealand for not doing enough about climate change. The more things change... British High Commission first secretary TONY CLEMSON in a personal view, countries are going low-carbon and getting ready to reap the financial rewards. But not New Zealand

New climate indices launched

14 Apr 2021

MEDIA RELEASE - Scientific Beta launches unique series of pure climate indices that translates companies' climate performance and alignment engagement into portfolio decisions

AA calls for ETS revenues to be spent on green transport solutions

13 Apr 2021

The AA has called on the government to spend revenue raised from the ETS on reducing transport emissions or mitigating the effects of climate change.

France's e-bikes for clunkers scheme

13 Apr 2021

France is offering the owners of old, exhaust-belching cars the opportunity to hand over their vehicles for scrap in return for a 2,500 euro grant to buy an electric bicycle.

Unions call for a just transition

12 Apr 2021

Unions are calling for large-scale public investment as part of a “just transition” to a carbon-zero future in their submissions to the Climate Commission’s draft report.

EU carbon tariffs discriminatory - developing nations say

12 Apr 2021

European Union plans to impose taxes on carbon at its border are “discriminatory” and unfair to developing nations, ministers from Brazil, South Africa, India and China have warned.

'We hear you,' Govt tells worried manufacturers

31 Mar 2021

The country’s largest building company is calling for tariffs to protect local manufacturers from unfair competition from imports with higher carbon footprints – and the Government says it is listening.

Reserve Bank calls for Govt lead on green bonds

30 Mar 2021

Government intervention is likely to be needed to encourage greater investment in green bonds, the Reserve Bank says.

Canada will keep its carbon tax

26 Mar 2021

Canada's national carbon tax will remain intact after the country's Supreme Court ruled in favour of its legality.

Why we need a carbon club

25 Mar 2021

If the three biggest economies - China, the United States and the European Union - agree a carbon tax on imports, it will catalyse climate action globally, a new paper says.

Nature left alone offers more than if we exploit it

24 Mar 2021

Save nature, save money. It’s a simple argument. Wilderness cleared and ploughed offers us less than nature left alone.

EU carbon border tax plan worries US

15 Mar 2021

United States Special Presidential Envoy for Climate John Kerry says he is concerned about the implications of the European Union's plans for a carbon border tax.

Carbon tax would be popular with UK voters, poll suggests

25 Feb 2021

Taxing carbon dioxide emissions would be popular with British voters, polling suggests, as the government moots ways to put a price on carbon that could help tackle the climate crisis and fund a green recovery from the coronavirus pandemic.

OPINION: Carbon tariffs are not about Australia

24 Feb 2021

Reports that Britain’s prime minister, Boris Johnson, is considering calling for carbon border levies at the G7 summit to be held in London in June have produced a predictable reaction from the Australian government.

Tax aviation to raise funds for poor countries

19 Feb 2021

Taxes on international transport could provide finance to help developing countries cut greenhouse gas emissions and cope with the impacts of climate breakdown, a group of climate finance experts say.

Hopes new WTO boss can calm carbon tensions

17 Feb 2021

New World Trade Organisation head Ngozi Okonjo-Iweala brings an awareness of climate issues to the UN trade body, where member states are set to clash over carbon border taxes.

MARKET LATESTl NZUs $39.10

10 Feb 2021

Spot NZUs opened at $38.60 bid and $39.60 offered on CommTrade this morning, after last fixing at $39.10.

EDITORIAL: It's about to get real

26 Jan 2021

Welcome to 2021 – the year in which we will get our first hard look at the size of the job in front of us.

MARKEST LATEST: NZUs $37.62

23 Dec 2020

Spot NZUs opened at $37.50 bid and $37.75 offered on CommTrade this morning, after last fixing at $37.62.

Research spending doesn't match priorities - report

10 Dec 2020

There’s a serious mismatch between what New Zealand’s Government identifies as the most pressing environmental issues, including climate change and freshwater quality, and the investments in environmental research it actually makes.

Carbon prices keep climbing

8 Dec 2020

Carbon prices pushed higher again yesterday, making daily gains of 1.64 per cent on both major trading platforms.

Carbon on a barn-storming run

7 Dec 2020

Carbon prices are continuing their climb, recording gains of almost 50 per cent for the year.

Adaptation
More >

Governments must vote in favour of moratorium on deep sea mining

Tue 29 Jul 2025

Media release - Greenpeace | The 30th session of the International Seabed Authority (ISA) has ended with Greenpeace saying governments are continuing to fall short in protecting the deep sea.

Agriculture
More >
Awarua-Waituna Wetlands

Does NZ need a national incentive scheme for wetlands?

Fri 25 Jul 2025

By Liz Kivi | An expert is calling for a national incentive programme to restore New Zealand’s wetlands and wants to stop schemes to drain these vital carbon-sequestering ecosystems.

Airlines
More >

NZ Post drops science-based climate target

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 >

Airlines risk legal challenges by advertising jet fuel as “sustainable”, NGO warns

18 Jul 2025

Amid suspected fraud in the production of sustainable aviation fuel (SAF), a new report says the airline industry should stop calling all alternatives to kerosene “sustainable”.

Biodiversity
More >

Challenges persist in bid to mine the deep sea, even after boost from Trump

Tue 29 Jul 2025

After years of delay, the deep-sea mining plans of Canadian firm The Metals Company (TMC) now appear to be progressing as it pursues a controversial new path to securing a license to mine in international waters under U.S. jurisdiction.

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 >
Huntly Power Station, the largest thermal power plan in New Zealand.

Is extending Huntly power station to 2035 in consumers’ best interest?

22 Jul 2025

By Simon Orme | COMMENT: Genesis Energy is proposing a cartel to keep high-emitting Huntly Power Station in business to 2035. If extending Huntly has economic benefits, is a cartel necessary?

Carbon News world
More >

At least 30 killed and several missing as heavy rains and floods lash northern China

Wed 30 Jul 2025

Thousands of people were evacuated as the region, including the capital Beijing, braced for more rainfall overnight.

Carbon prices
More >

Bearish sentiment lingers for carbon market

11 Jul 2025

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 >

Multi-day protest continues at coal mine

Wed 30 Jul 2025

Bathurst Resources has been forced to truck coal from its Stockton mine as climate activists occupy coal buckets at the mine for a third day.

Comment
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Forestry can be a big plus for sheep and beef farmers – but there are caveats

22 Jul 2025

By Keith Woodford | OPINION: These are good times for sheep and beef farmers with record product prices for meat, which is precisely why now is the time for sheep and beef farmers to be looking again at farm forestry.

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 >

NZ voluntary carbon market’s sad state

14 Jul 2025

By John O’Brien | OPINION: A combination of scandals, challenging economic times, and cheaper offshore carbon credits, mean that the domestic voluntary carbon market in New Zealand remains absolutely tiny.

Energy
More >
Hiringa chief executive Andrew Clennett

Hiringa eyes green methanol plant near Whanganui

Tue 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.

Extinction
More >

Key orange roughy population on verge of collapse, govt considers closure

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 >

A third of ‘slum residents’ in global south are exposed to disastrous flood risks

Wed 30 Jul 2025

One in three people in informal settlements in the global south live in floodplains and are at risk of a “disastrous flood”.

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 >
Jim Ward, manager of Molesworth station for 24 years, resigned amid frustration with wilding pines and uncertainty about the station’s future.

Wilding pines threaten Molesworth Station

Mon 28 Jul 2025

By Shannon Morris-Williams | Without increased support, the unchecked spread of wilding pines will continue to creep across Marlborough’s high country – putting iconic landscapes and one of New Zealand’s top five biodiversity hotspots at serious risk, according to an expert.

Gas
More >

EV sales fall, but it’s complicated

Tue 29 Jul 2025

Imports of fully electric vehicles fell over 50% in value during the 12 months to June 2025, compared with the year ended June 2024, according to Stats NZ.

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 >

SBTi releases Net Zero Standard for banks, investors

24 Jul 2025

The Science Based Targets initiative announced the release of its finalised Financial Institutions Net-Zero Standard, aimed at enabling banks and investors to set net zero-aligned targets for their lending, investing, insurance and capital markets activities.

Greenhouse Effect
More >
Deepsea brittle star species from New Zealand, part of the Earth Sciences New Zealand's invertebrate collection in Wellington

NZ part of hidden global deep-sea network beneath the waves

Fri 25 Jul 2025

Media release - Earth Sciences New Zealand | A world-first study of marine life, including sea creatures found in New Zealand's dark, cold, pressurised ocean depths, has revealed that deep-sea life is surprisingly more connected than previously thought.

Greenwashing
More >
Prime Minister Christopher Luxon greets schoolchildren

‘Ideological sludge’: How NZ is quiet quitting climate action

17 Jul 2025

New Zealand once stood out as a world leader on climate change. In June it became the first country in the world to abandon a commitment to phase out oil, gas and coal.

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 >

Taranaki mayors want hydrogen kick-start from Wellington

Mon 28 Jul 2025

By Craig Ashworth, Local Democracy Reporter Taranaki mayors want central government to partner up with their councils to kick-start a hydrogen industry. This despite ongoing questions about the gas’s effectiveness in reducing carbon emissions.

Insurance
More >

Climate catastrophes are creating a ‘new market reality’ for insurance carriers

23 Jul 2025

Raging wildfires and severe storms contributed to record-high global insurance losses — totalling an estimated US$84 billion — for the first six months of the year.

Kyoto
More >

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 >
Newcastle is one of the largest coal export ports in Australis

The ICJ’s ruling means Australia and other major polluters face a new era of climate reparations

Fri 25 Jul 2025

By Harj Narulla | OPINION: Australia has found itself on the wrong side of history.

Low carbon
More >

All aboard for passenger rail in the golden triangle

Mon 28 Jul 2025

Media release – The Future Is Rail | New Zealand’s national passenger rail advocacy group, The Future is Rail, has announced its strong support for the Green Party’s proposal to establish a new passenger rail service connecting Auckland and Tauranga.

NZ ETS
More >

Urgent action needed to get on track for climate goals - commission

Fri 25 Jul 2025

By Shannon Morris-Williams | New Zealand is making progress on reducing greenhouse gas emissions, but more work is needed – urgently – to set up for future reductions, according to the latest report from the Climate Change Commission.

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
More >

Toxic algae are turning South Australia’s coral reefs into underwater graveyards

Tue 29 Jul 2025

Since March, a harmful algal bloom, fueled by a marine heat wave, has been choking South Australia’s coastline.

Paris Agreement
More >
The landmark advisory, which significantly transforms the obligation of states regarding climate change, being delivered at the International Court of Justice in the Hague.

NZ govt’s fossil fuel plans could break international law

24 Jul 2025

By Liz Kivi | The government could be breaching international law with its plans to subsidise and expand fossil fuel extraction, following a ruling overnight from the world’s highest court.

Planetary boundaries
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Tipping points: Window to avoid irreversible climate impacts is ‘rapidly closing’

11 Jul 2025

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”.

Plastics
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‘Total infiltration’: How plastics industry swamped vital global treaty talks

Mon 28 Jul 2025

Petrostates and well-funded lobbyists at UN-hosted talks are derailing a deal to cut plastic production and protect people and the planet.

Policy development
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Media round-up

Fri 25 Jul 2025

In our round-up of the climate coverage in local media: Dairy conversions surge; Gore is hit with a drinking water crisis; meanwhile farming lobby groups Groundswell and Federated Farmers are up in arms about a plan to classify environmental impacts in the agriculture and forestry sector.

Politics
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As US climate data-gathering is gutted, Australian forecasting is now at real risk

Wed 30 Jul 2025

As damage from climate change intensifies, political change overseas is threatening Australia’s ability to track what’s happening now, and predict what will happen next.

Protest
More >

Activists sue US development bank over $4.6bn loan to massive Mozambique gas project

18 Jul 2025

Environmental groups claim loan is ‘unlawful’ in legal filing.

Rare earth minerals
More >
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
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China's carbon emissions may have peaked thanks to renewables push

Mon 28 Jul 2025

Climate experts say China's carbon emissions may have peaked, which could affect global climate targets, the fight against global warming – and the Australian coal industry.

Science
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Ocean heatwaves may signal climate tipping point

Fri 25 Jul 2025

A recent study that tapped into satellite data has revealed that 2023 marked an unprecedented year for marine heatwaves, with record-breaking levels of duration, reach and intensity across the world's oceans.

Technology
More >

Can robot taxis solve NZ's transport woes?

23 Jul 2025

By Shannon Morris-Williams | The Ministry of Transport has tested the idea of driverless taxis as a futuristic fix. But while new modelling explores how "robotaxis" could ease congestion and reduce car ownership, critics say it misses a crucial point – the country’s worsening transport 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.

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 >

The struggle for control of the Arctic is accelerating - and it's riskier than ever

11 Jul 2025

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.

Wildfires
More >

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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