Topics tagged with 'Tax'
It looks like carbon capture is going down down the tubes
6 Jul 2015
One of the much-heralded solutions to climate change which its supporters believe could enable the world to continue to burn fossil fuels looks likely to be a failure.
The carbon tax wasn’t a ‘slug’ to the economy and Direct Action may be a waste of money
29 Jun 2015
Federal Environment Minister Greg Hunt, writing in the Fairfax opinion pages, has said that the now abolished carbon tax was a far more expensive way to reduce Australia’s carbon emissions than the Direct Action policy that replaced it.
Treasury tells Government how to cut emissions
2 Jun 2015
Treasury has told the Government that if it wants to reduce greenhouse gas emissions it should introduce a carbon price floor, get rid of the two-for-one provisions or cut the number of free carbon credits it gives to emitters.
The world is waking up to the $5.3 trillion cost of fossil fuels
25 May 2015
Prospects for global energy markets have been reshaped by two recent pieces of news, one of which helps to explain the other.
Wealthy nations overlook the dangers of climate change
25 May 2015
By ALEX LO.- Do rich countries care more about the environment that poorer ones? In a recent study I found that’s not necessarily the case.
Where's the clean-tech economy talk, Mr Little?
18 May 2015
Labour leader Andrew Little is blasting the Government for failing to diversify the economy, but he is still not talking about a low-carbon, clean-tech economy.
Tesla's battery power could give Nevada a $100b jolt
18 May 2015
The new Tesla Motors factory being built outside Sparks, Nevada, was already on tap to produce 500,000 electric car batteries and become the largest battery factory in the world when chief executive Elon Musk announced last month it would also produce the potentially revolutionary home battery, the Powerwall.
We’re not there yet, Garnaut tells Australia
11 May 2015
Following the repeal of the carbon tax, the Australian Government has implemented its Direct Action climate policy, centred on the A$2.55 billion Emissions Reduction Fund.
So, where's the carbon auction money going?
28 Apr 2015
The results of the Australian Government’s first reverse auction (https://theconversation.com/explainer-how-does-todays-direct-action-reverse-auction-work-40152) of carbon-cutting projects have been released. Where is the money going?
NZ's fine on fossil-fuel subsidies, says Groser
20 Apr 2015
New Zealand has been given a clean bill-of-health on fossil-fuel subsidies, the Government says.
Inquiry takes aim at green charities that get political
20 Apr 2015
The almost 600 environmental groups that hold tax-deductibility status in Australia are being scrutinised by a Federal Government inquiry, with reports that more than 100 of them face being struck off the list.
Why all cities should have a Department of Food
7 Apr 2015
The United States is a nation where hunger and obesity go hand in hand. More than 17 million households struggle to put food on the table, and when they do, it’s often high in fat and sugar because healthy options are scarce in low-income neighborhoods.
Water crisis pushes Brazil toward solar power at last
7 Apr 2015
Brazil’s long-running drought could have the unexpected consequence of finally prompting one of the sunniest countries in the world to take solar power seriously.
No matter how you cut it, the answer is ecosystem services
23 Mar 2015
As a professor of ecology, Shahid Naeem knows all too well that there’s no shortage of environmental ills to keep us awake at night – global warming, the spread of diseases, dead zones in the Gulf of Mexico, collapsing fisheries, mass extinction, and a hundred other things that are the stock and trade of environmental doomsayers.
Why is low-carbon energy innovation so slow? You can thank Economics 101
23 Mar 2015
The world needs a lot of energy. Global energy demand is expected to increase by 37 per cent percent over the next 25 years, according to the International Energy Agency’s World Energy Outlook 2014.
Powerful wind blows through US energy sector
23 Mar 2015
By KIERAN COOKE.- The wind turbines are turning across America, and a major report by the US Department of Energy says the wind energy sector now supplies 4.5 per cent of the nation’s electricity.
Why is pumping CO2 underground stuck in second gear?
16 Mar 2015
There are many uncertainties with respect to global climate change, but there is one thing about which I have no doubts: we will not solve climate change by running out of fossil fuels.
Biobattery breakthrough boosts waste-to-energy revolution
9 Mar 2015
Competition to make biofuels out of waste products that would otherwise have to be dumped is creating a fast-growing, worldwide industry.
Let's cut emissions, not worry about how
2 Mar 2015
Australia had an emissions trading scheme with a fixed price; it was one good way to encourage carbon cuts throughout the economy.
New Zealand’s defective law on climate change, by Sir Geoffrey Palmer
23 Feb 2015
Distinguished law fellow Sir Geoffrey Palmer, QC, has been at or near the heart of our attempts to tackled climate change for nearly three decades.
Energy-efficiency rules fail US academic's test
16 Feb 2015
Energy efficiency rules in California have failed to cut energy consumption, suggesting that direct action is less effective than carbon pricing in reducing greenhouse gas emissions, a visiting economist says.
Australia readies for first emissions auction
16 Feb 2015
Australia’s first Emissions Reduction Fund auction will be in April – a month later than the market expected.
Climate debt grows as Australia messes about
9 Feb 2015
Policy procrastination over climate change is costing Australia money, a new analysis shows.
Trading will be back, say Australian businesses
2 Feb 2015
Most Australian businesses believe the country will return to an emissions trading scheme or a carbon tax by 2020.
Carbon pricing the challenge for the future
2 Feb 2015
The concept of carbon pricing as a tool to combat climate change is broadly accepted by the international community. But at what price, and under what conditions?
Yes minister, but ...
2 Feb 2015
In a piece published in the Guardian recently, Australian Environment Minister Greg Hunt was purported to have once again rejected claims that a price on carbon would benefit emissions reduction targets.
Our new energy mix is a game-changer, says India
15 Dec 2014
While the political spotlight focused on the world’s two biggest polluters − China and the US − in the run-up to the Lima climate talks, pressure is mounting on India to set emissions targets to help to prevent the planet overheating.
Getting out of fossil fuel investment is the right way to go
1 Dec 2014
The controversy ignited by the Australian National University in October, when it decided to sell its shares in seven resources companies, has raised two important questions about divestment from assets such as fossil fuels.
Australia’s coal and gas exports being left stranded
24 Nov 2014
The United States and China have announced goals to reduce emissions by 26 per cent to 28 per cent and to cap emissions by 2030 respectively.
G20 climate challenge calls for a rethink of economics
17 Nov 2014
Focusing on growth, the Brisbane G20 leaders' summit has not grappled with three key issues - how much more growth the planet can survive, how poorer nations can raise their living standards to parity with the developed world, and how can a fairer distribution of the benefits of growth be realised?
UK ignores pledge to end fossil fuel support
17 Nov 2014
Despite promises to phase out subsidies to the coal, oil and gas industries, a new report says the UK and other G20 governments are still providing them with massive financial help.
Election rout blow to US climate change role
10 Nov 2014
The role of the United States in confronting the global climate crisis has been cast into serious doubt after an election that stacked the deck in Congress in favor of fossil fuel industries.
Chile's new tax could open carbon doors for NZ
20 Oct 2014
Chile’s new carbon tax potentially offers New Zealand an opportunity to offset some of its own agricultural greenhouse gas emissions, says economist Dr Suzi Kerr.
WANTED: $44 trillion to switch to clean energy
13 Oct 2014
In a world wrestling with climate change and the need to phase out fossil fuels, nothing is more critical than making sure there are reliable and cost-effective clean energy technologies ready to fill the void.
Europe throws nuclear power a state-aid lifeline
13 Oct 2014
The European Commission has now agreed that Britain can subsidise the building of the world’s most expensive nuclear power station − despite previously believing that the deal breaks the European Union’s rules on state aid.
E-cars could make British carmakers great again
6 Oct 2014
British-owned car manufacturing has been in decline for decades, but the shift to electric cars might be just what is needed for a revival.
MIA ... but it doesn't mean China's not interested
29 Sep 2014
There were a few notable absentees among the more than 120 world leaders gathered in New York for last week's United Nations Climate Summit - and perhaps most notable of all was the head of the world’s highest-emitting nation, China’s President Xi Jinping.
WORLD WEB ... Obama’s drive for carbon pricing fails to win at home
29 Sep 2014
* Chile becomes the first South American country to tax carbon * UK to introduce fracking drilling law despite 99% opposition * US Homeland Security moves to tackle climate change risks * Hawaii's solar industry in precarious situation * The top 10 greenest cities in America * Avatar director James Cameron talks climate change
Clear skies for aviation industry, says Boeing report
29 Sep 2014
The business outlook for civil aviation is bright thanks mainly to rising Asian demand for aircraft. But airlines are expected to have a harder time, with tougher competition in Europe leading to a consolidation of the sector, according to the latest industry forecast.
It's simple ... either you believe, or you don't
16 Sep 2014
By editor ADELIA HALLETT.- Voters in this weekend’s general election face a simple choice when it comes to climate change – you either believe it is a real and massive problem requiring transformation of the economy, or you don’t.
We've got the world's lowest carbon prices
8 Sep 2014
New Zealand has the lowest carbon prices in the world, the World Bank says.
Australian transport stuck in the energy queue
1 Sep 2014
Australia has scored poorly in the energy efficiency of its land transport, and is well behind other major economies, a recent international scorecard has revealed.
Green fatigue ... or just not so much recycling?
25 Aug 2014
It has been suggested that a recent fall in recycling rates in Britain is due to green fatigue, caused by the confusing number of recycling bins presented to householders for different materials.
Business needs to make climate change stand
18 Aug 2014
There is still an element of climate change scepticism in New Zealand business, says a leading policy analyst.
Experts pinpoint what emissions cost economy
18 Aug 2014
For the first time, economists have put a financial cost on the impact of greenhouse gases released by the industrialisation of developed countries.
The climate change world according to Piketty
18 Aug 2014
French economist widely debated Thomas Piketty and his book Capital in the Twenty-First Century are a global publishing phenomenon. But while Piketty’s writing on wealth inequality has been widely debated, far fewer people know that he has some useful things to say about climate change and public capital.
Who has the courage to take on transport taboos?
18 Aug 2014
Transportation continues to generate a large proportion of emissions worldwide, even as emissions from other areas of the economy fall.
Gases importers pay $1.5m carbon taxes
11 Aug 2014
Importers of synthetic greenhouse gases paid nearly $1.5 million in carbon taxes in the past financial year.
Greens have a tempting carbon tax idea
11 Aug 2014
A carbon price is still the best and fairest way to achieve emissions cuts, but as Australia and New Zealand show, it’s not easy to get it right. How could carbon pricing be improved?
WORTH WATCHING: New film shows up our sorry climate change story
4 Aug 2014
New Zealand’s tortuously slow reaction to the threats of climate change has been documented.
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?
Mon 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
Tue 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
Mon 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
Tue 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
Tue 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
Mon 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
Mon 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.
