Topics tagged with 'Tax'
ETS alone won’t see NZ achieve its climate targets: OECD
1 Feb 2022
The OECD is recommending New Zealand adopt targeted climate change mitigation measures to address market failures that it says won’t be corrected by carbon pricing alone.
How a carbon price could gut animal agriculture without taxing farmers
19 Nov 2021
Even a very modest carbon price would offer most farmers and ranchers more revenue than they make raising animals for slaughter, according to the scientist who founded Impossible Foods.
Standards needed to stop private equity cashing in on dirty assets: tax expert
19 Nov 2021
Tax expert professor Richard Murphy argues that without a comprehensive accounting standard for climate change private equity will have a field day exploiting dirty assets for short term gain.
NZ a laggard in climate change related patents
11 Oct 2021
Only two OECD countries – Latvia and Indonesia – rank behind New Zealand in terms of the percentage of patent applications related to climate change mitigation, according a just released “dashboard” comparing the organisation’s 38 member states on a range of climate change related metrics.
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).
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.
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.
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
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.
Fifty years of observations, no reversal of glacier climate damage
31 Mar 2026
Media release: Earth Sciences New Zealand | Fifty years on from the first aerial survey of our Southern Alps glaciers, late snow and variable summer weather delivered a temporary reprieve from rapid ice loss, says Earth Sciences New Zealand.
From war to weather: A ‘super El Niño’ event poses fresh risks to global food costs
Fri 10 Apr 2026
An unusually powerful El Niño later this year could exacerbate food security fears as disruption caused by the Iran war strains supply for crucial fertilier products.
$30m airline fund risks ‘burning public money’ without lasting benefit – expert
20 Mar 2026
By Shannon Morris-Williams | A $30 million government package to support regional air routes risks delivering poor value for money while increasing emissions, according to transport strategist Tim Adriaansen.
Media round-up
Fri 10 Apr 2026
In our round-up of climate coverage in local media: Past fuel price spikes failed to shift Kiwis out of their cars with signs suggesting it’s happening again, a 'she’ll be right' attitude is not enough in a climate crisis, and should forestry be listed as critical in the government's national fuel plan?
Ocean protections clash with mining pressure in Indonesia’s most diverse marine ecosystem
Today 11:15am
Long regarded as a global model for ocean conservation, Raja Ampat ecosystems are now under pressure, as concerns grow over the expansion of nickel mining alongside a surge of international tourism.
New alliance wants renewable-led energy – and Govt to press pause on LNG
Thu 9 Apr 2026
A newly formed coalition of business, consumer and energy organisations has unveiled a renewable-led strategy it says will strengthen the country’s energy security, and it’s calling on the Government to pause its plan for an LNG import terminal.
Self-interest should drive investment in overseas climate action, says former climate commissioner
Today 11:15am
By Liz Kivi | Wealthy countries – including New Zealand – aren’t doing nearly enough to fund climate mitigation in the developing world, with new research saying we need to "change the conversation" to spark action in this vital area.
Microsoft is pausing carbon removal purchases
Today 11:15am
Microsoft has begun telling suppliers and partners that it is pausing future purchases of carbon removal, according to two people who have been informed of its plans.
Carbon ‘stockpile’ up 9 million in March quarter
Fri 10 Apr 2026
By Liz Kivi | The ‘stockpile’ of pollution permits (NZUs) in private accounts has increased by just over 9 million to almost 145 million since the end of 2025, according to the latest figures from the Environmental Protection Authority.
Activist ends five-day tree-top protest at West Coast coal mine
Fri 10 Apr 2026
By Shannon Morris-Williams | A climate activist has ended a five-day tree-top occupation that blocked access to Bathurst Resources’ Cypress Mine on the West Coast, in a protest against plans to expand what could become New Zealand’s largest coal mine.
Supply-side pressures and political uncertainty ahead for carbon market
Tue 7 Apr 2026
By Kristen Green | ANALYSIS: With failed auctions, a surge of new forestry registrations, and an election a few months away, the NZ ETS in 2026 will be subject to a mix of supply-side pressures and political uncertainty.
Sustainable retail-office project breaks ground under new Green Star framework
19 Feb 2026
Construction is set to begin on a new retail-office development in central Auckland, which is targeting a 40% reduction in embodied carbon and 25% lower energy.
Opposition attacks Govt over fossil fuel phaseout backdown
2 Feb 2026
By Liz Kivi | Revelations that Resources Minister Shane Jones ruled out New Zealand signing up to a 'road map' away from fossil fuels at last year’s global climate summit show the National Party’s minor coalition partners’ undue influence over the Government, according to Labour leader Chris Hipkins.
Economic contraction will impact carbon market
1 Apr 2026
By Liz Kivi | While higher fossil fuel prices strengthen the long-run economics of decarbonisation, the current fuel crisis won’t inspire near-term confidence in the carbon market, according to Lizzie Chambers of Carbon Match.
Global uncertainty driving solar surge
Today 11:15am
By Shannon Morris-Williams | Global instability and rising energy costs are pushing more New Zealanders towards solar, with companies reporting a surge in enquiries as households look for greater control and resilience in an increasingly uncertain energy landscape.
Environmental groups call for ETS reform
20 Feb 2026
Several environmental organisations are calling on political parties to make climate and biodiversity central to the 2026 election campaign, with reforming the Emissions Trading Scheme seen as a key priority.
NZ aid cuts put Pacific climate response at risk
Today 11:15am
By Shannon Morris-Williams | New Zealand’s aid spending dropped 12.8% in 2025, with Oxfam warning the cuts risk undermining climate adaptation efforts in the Pacific as the region faces an accelerating climate crisis.
Transport dominates NZ’s rising consumer emissions
10 Dec 2025
By Shannon Morris-Williams | Transport pollution was the biggest contributor to an increase in New Zealand’s consumption-based emissions in 2023, with emissions from household travel up 12%, and consumption-based emissions totalling 58.3 million tonnes – up 1.6% from the previous year.
Wellington planting nears one million trees
30 Mar 2026
By Shannon Morris-Williams | Greater Wellington’s parks restoration programme will hit one million native trees this year, with the first dams to rewet peat wetlands in Queen Elizabeth Park now completed after a years-long effort to bring these ecosystems – and their carbon sequestering superpowers – back to life.
A matter of strategy
Tue 7 Apr 2026
COMMENT: Even on the brink of a global commodities crisis, the possibilities for climate action aren't hopelessly foreclosed. Strategy can turn our fortunes around, writes David Hall.
RMA to speed up fossil fuel consents
18 Aug 2025
By Liz Kivi | An energy lobby group has welcomed a last-minute amendment to the RMA that puts fossil fuels on the same footing as renewables, however a sustainable energy expert says the move “beggars belief.”
FMA to ease conditions for green bond issues
31 Mar 2026
By Pattrick Smellie | Green, social and sustainability-linked bonds will face lower disclosure requirements and regulatory costs under a class exemption newly granted by the Financial Markets Authority.
New protections for NZ migratory species under UN convention
2 Apr 2026
By Shannon Morris-Williams | New international protections for migratory species, including several found in New Zealand, are a positive step – but global protections won’t halt the decline of migratory species on their own, experts say.
Fonterra admits ‘100% grass-fed’ claim breached law in greenwashing row
2 Apr 2026
By Shannon Morris-Williams | Fonterra has admitted its “100% New Zealand grass-fed” claims on Anchor butter were misleading and breached the law, settling a case brought by Greenpeace Aotearoa over packaging used between December 2023 and April 2025.
Govt missing opportunity to slash electricity prices, says expert
11 Feb 2026
By Liz Kivi | The Government’s fixation on eliminating the "dry-year risk margin" as a lever to reduce costs misses a much bigger opportunity to lower electricity prices, according to Christina Hood, head of Compass Climate.
NZ prepares to join ‘gold rush’ for white hydrogen
25 Mar 2026
By Pattrick Smellie | New Zealand may be close to commercialising the capture and use of naturally occurring ‘white’ hydrogen, with investment plans for developments in the Wairarapa region picking up pace in response to spiralling oil prices.
Media round-up
20 Mar 2026
In our round-up of climate coverage in local media: Crown lawyers agree High Court could quash emissions plan if found unlawful; NZ is locked in 'disaster inertia'; and climate change is notably absent from new development laws.
Climate law change spanner in the works for Waitangi Tribunal Inquiry
19 Dec 2025
By Liz Kivi | The Government’s controversial changes to New Zealand’s legal framework for climate policy have thrown a spanner in the works for a long-running Waitangi Tribunal Inquiry into climate change.
Environmental groups launch legal action over Govt's 'tick-box approach' to conservation land
Wed 8 Apr 2026
By Liz Kivi | Forest & Bird and the Environmental Defence Society are taking the Government to court over decisions about the future of publicly-owned land on Te Tai Poutini/the West Coast.
Genesis fires up pellet study with Nature’s Flame
Wed 8 Apr 2026
By Pattrick Smellie | Genesis Energy is extending its quest for locally produced torrefied wood pellets to supplement coal and gas to fuel its Huntly power station, announcing it is investigating plant construction with established local solid fuels player Nature’s Flame.
Tuvalu prioritises climate change in agreement with NZ
27 Mar 2026
By Liz Kivi | New Zealand has pledged an additional $20 million to climate resilience work in Tuvalu, more than doubling Aotearoa's aid to the tiny island nation in the current financial year.
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.
Worst in a generation: Environmentalists slam fisheries reform bill
25 Mar 2026
Media release: Greenpeace | The Fisheries Amendment Bill, which will likely have its first reading in parliament this week, is being labelled the worst fisheries policy in a generation by environmental groups who are calling for it to be rejected to protect ocean health.
Renewable build-out runs into grid and firming limits
Wed 8 Apr 2026
New Zealand's electricity market entered 2026 with renewable generation at record levels and a substantial build pipeline finally moving from paper to construction. The harder question is whether the wider system can absorb and firm that capacity fast enough.
Lawyers complain to ombudsman over Govt failure to release LNG modelling
1 Apr 2026
By Liz Kivi | Lawyers for Climate Action has made a formal complaint to the Ombudsman over the Government’s failure to release information about its controversial decision to build a LNG import terminal.
Kiwis overly optimistic about state of environment
27 Feb 2026
By Shannon Morris-Williams | New research suggests many New Zealanders believe the environment is in better shape than it really is, with public perceptions often out of step with scientific evidence.
‘They pushed so many lies about recycling’: the fight to stop big oil pumping billions more into plastics
24 Feb 2026
Plastic production has doubled over the last 20 years – and will likely double again. For author Beth Gardiner, metal water bottles and canvas tote bags are not the solution. So what is?
Activists occupy controversial gold drilling site
25 Mar 2026
By Max Frethey, Local Democracy Reporter | Opposition in Golden Bay to a controversial gold mine at Sams Creek has flared up over the weekend after several activists briefly occupied a drilling site.
China has a new competitor? Kazakhstan reveals huge rare Earth deposit that could power the next tech boom
25 Feb 2026
China’s grip on rare earths might finally see some competition, and the world is already taking notice.
Govt tweaks consenting rules for EV chargers
Fri 10 Apr 2026
By Shannon Morris-Williams | The Government has announced a national reset of planning rules for EV chargers, which it says aim to address infrastructure shortages which have put the brakes on electric vehicle uptake in New Zealand.
Sci-tech prioritisation report is a joke that could cost NZ dearly, says NZ Association of Scientists
2 Apr 2026
Media release: New Zealand Association of Scientists | The Prioritisation Report released yesterday by the Prime Minister’s Science Innovation and Technology Council makes a poor case for further cuts and changes to our research system.
AI’s arrival complicates Big Tech climate goals, and some worry it’s locking in more fossil fuels
2 Apr 2026
Six years ago, Google was confident that by 2030 it would power all operations with electricity generated from clean sources, including wind and solar power, and remove as much pollution as it produced. Today it calls those goals a “moonshot.” Microsoft says it’s still aiming to remove more carbon than it creates by 2030 but now describes the effort as “a marathon, not a sprint.”
Pacific climate response in question as NZ finance remains unclear
19 Dec 2025
By Shannon Morris-Williams | With New Zealand's $1.3 billion international climate finance commitment set to end with no clarity on what follows, the Auditor-General says oversight of that funding remains patchy and long-term outcomes are unclear.
Free fares call as fuel crisis impacts school attendance
Wed 8 Apr 2026
An open letter is urging the Government to make public transport free for all school children and subsidised for students under 25, as rising fuel costs begin to impact attendance and access to education across the country.
Infrastructure plan calls for ‘predictable approach’ to electrifying economy
18 Feb 2026
Aotearoa’s first National Infrastructure Plan, introduced to Parliament yesterday, calls for "a predictable approach to electrifying the economy" as one of ten priorities for the next decade.
Dairy farmers' lack of climate action 'even bleaker' than water inaction – Upton
1 Apr 2026
By Shannon Morris-Williams | Government projections for cutting agricultural emissions are being undermined by low farmer uptake, with the Parliamentary Commissioner for the Environment warning the country is relying on “heroic” assumptions to meet its methane targets.
AI tool predicts wildfire danger faster than current systems
26 Mar 2026
Media release | A wildfire forecasting system powered by artificial intelligence could help detect dangerous fire conditions earlier and reduce the cost of wildfire response, according to new research from Te Whare Wānanga o Waitaha | University of Canterbury.
Fast-track approved project could deliver NZ’s largest wind farm
Tue 7 Apr 2026
Media release: New Zealand Government |Fast-track approval has been granted for New Zealand’s largest wind farm project.
