Topics tagged with 'Tax'
Carbon axe will boost renewables, says Trustpower
1 Aug 2014
Electricity generator Trustpower believes the repeal of Australia's carbon tax will be great for renewable energy, which is likely to be heavily favoured under the federal government's Renewable Energy Targets scheme.
Business begins to adopt the circular economy
1 Aug 2014
The concept of the circular economy has left the realm of academic theory and entered the world of business.
Shorten pleads for G20 to talk climate crisis
25 Jul 2014
Australian Opposition leader Bill Shorten has taken his battle with Prime Minister Tony Abbott over climate policy to an international stage, saying the issue should be a priority for the G20 leaders' meeting in Brisbane.
It's all eyes on the election
25 Jul 2014
New Zealand has had a quiet week, with the market slowly softening as volumes come to market in small parcels, says Westpac's carbon desk.
Carbon tax repeal could leave businesses marooned
18 Jul 2014
In the short term, the repeal of Australia's carbon tax, passed in the Senate yesterday, may provide some relief for businesses and households as electricity bills fall — although possibly not as much as official estimates.
Study shows Australian emissions cuts were working
18 Jul 2014
Carbon emissions in Australia’s national electricity market would have been 11 to 17 million tonnes higher if Australia had not introduced a carbon price.
Paris gears up pay-for-pedal plan to boost the bicycle
18 Jul 2014
The French Ministry of Ecology and Sustainable Energy Development has launched a trial scheme where commuters are paid to cycle to work.
Australian farmers led astray on carbon farming
11 Jul 2014
Australian farmers and rural land owners are being told that they will be given powerful and direct incentives to store carbon in the land under the federal government’s new climate policy.
NORMAN: The longer we wait the more it will cost
11 Jul 2014
By RUSSEL NORMAN, Green Party co-leader.- Thanks to Federated Farmers’ incoming president William Rolleston for taking the time to write about the Green Party’s Climate Tax Cut in last week’s Carbon News.
Sorry, say most Britons, but electric cars are not for us
4 Jul 2014
The electric car trend is still to take off, with drivers largely put off by up-front costs, according to a survey by Britain's Department for Transport.
Why carbon tax proposal won't work
4 Jul 2014
Newly elected Federated Farmers' president Dr William Rolleston explains why he thinks the Green Party's carbon tax proposal is not a runner:
Millionaire miner rocks Canberra carbon camp
27 Jun 2014
Australia’s emissions trading scheme is on again. Maybe.
Carbon tax won't fix troubled ETS, says report
27 Jun 2014
New Zealand's emissions price beacon is "obscured in the fog of policy uncertainty", but dumping it in favour of a carbon tax isn't the only way to fix it, say Motu Research's Catherine Leining and Suzi Kerr.
Progress must be climate-smart, says World Bank
27 Jun 2014
Government policies that improve energy efficiency and public transport could increase global economic output by more than $1.8 trillion per year, says the World Bank.
Australian Senate likely to pass carbon tax repeal
27 Jun 2014
The bill to repeal Australia’s carbon tax is poised to pass the Senate, potentially leaving Australia without a working price on carbon.
Market watchdog welcomes Palmer move
27 Jun 2014
An international carbon market watchdog is welcoming Australian politician Clive Palmer's shift on climate change.
Australia will suffer, warns new carbon report
20 Jun 2014
Australia's economy faces grave threats from climate change, but the greatest threat is if the country does not make a serious effort to reduce greenhouse gas emissions, says a new report.
Brazil scores winning goal on carbon emissions
20 Jun 2014
Brazil might or might not win the World Cup, but it so far seems a clear winner in the race to reduce carbon emissions – having stopped 3.2 billion tons of carbon dioxide from escaping into the atmosphere during the past decade.
Carbon tax call is all about playing politics
20 Jun 2014
By CHARLES ETHERINGTON, Warren Forestry Ltd.- The Greens are giving the impression of being ahead on the topic of a carbon tax versus the Emissions Trading Scheme, but, as usual, they are actually behind and just playing politics.
Abbott climate call gets cool reception here
13 Jun 2014
New Zealand appears unenthusiastic about our Tasman neighbour’s plans to form a conservative alliance on climate change.
The case for a carbon consumption tax
13 Jun 2014
As delegates gather once again for climate talks in Bonn, the question has to be asked: after decades of conferences, committees, procedures and protocols, is the multilateral approach to tackling climate change working?
Why we need clear emissions-reduction reporting
13 Jun 2014
STEPHEN KNIGHT-LENIHAN, JULIA HARKER and PRUE TAYLOR argue for transparent emissions-reduction reporting, in the same way that we report on the share market and exchange rates.
Let's get back to ETS basics, says Internet leader
6 Jun 2014
New Internet Party leader Laila Harre is no fan of the Emissions Trading Scheme
How China changes could leave coal a stranded asset
6 Jun 2014
By ALEX KIRBY.- Analysts believe that China − the world’s largest producer and consumer of coal, accounting for almost half of global consumption − could be close to making an abrupt and drastic change of tack.
ETS more workable than carbon tax, says Labour
3 Jun 2014
Labour says that it will be easier to lift carbon prices under the Emissions Trading Scheme than under a carbon tax, as proposed by the Greens.
Greens: Climate change biggest issue world has faced
3 Jun 2014
"They used to call climate change the biggest issue of our time; more recently, I've heard it described as the biggest issue of all time." Green Party co-leader RUSSEL NORMAN on why his party will replace the Emissions Trading Scheme with a carbon tax:
New book lifts the lid on what went wrong with Labor and climate change
16 May 2014
A book released this week documents the failings of the Australian Labor government between 2007 and 2013 in tackling climate change.
You could bill the beef, scientists tell Brazil
16 May 2014
Scientists have come up with a new prescription to address the Amazon rainforest’s health problems: reduce deforestation more efficiently by taxing freerange beef.
Canberra finds ways to implement emissions plan
9 May 2014
The Australian Government will be able to implement its Emissions Reduction Fund in July - but business may bypass the scheme in year one.
Why Australia has something to worry about
9 May 2014
The state of Australia’s environment is a real worry – the report cards exist to prove it.
Abbott's emission scheme seen as short-term fix
2 May 2014
Australia’s $2.5 billion Emissions Reduction Fund has been described as “Nero’s fiddle”.
Australia explains how emissions plan will work
2 May 2014
The Australian Government has released its Emissions Reduction Fund White Paper, setting out what it calls a cost-effective, practical and simple approach to reduce national emissions without a multi-billion dollar carbon tax.
So long Shane Jones, a man who got the message
24 Apr 2014
Shane Jones’ legacy to the Labour Party – and potentially New Zealand - is a policy designed to release the environmental and social potential of forestry, as well as boost economic returns.
Aussie Greens gain, but the rest is much the same
24 Apr 2014
The theme of the past 30 days – much like the past 12 months – has been politics, with market focus squarely on the Western Australia Senate election re-run on April 5 and the implications for the balance of power in the new Senate from July 1, says market analyst Reputex.
Climate academic to speak on European policy
11 Apr 2014
The role of small countries in leading climate policy will be discussed in Wellington on Monday.
Airlines wrestle with demands of climate change
11 Apr 2014
By LYNETTE DRAY.- Although aviation emissions contribute only 3 to 5 per cent of the total impact on the planet’s climate, this is steadily growing and is a surprisingly intractable problem to solve.
Tax credits deal fuels LanzaTech move to Illinois
4 Apr 2014
NEW ZEALAND clean-tech company LanzaTech has been lured to Illinois with more than $US1 million worth of tax credits.
Profit comes before environment, says Act leader
4 Apr 2014
NEW Act Party leader Jamie Whyte says that businesses have no obligation to the environment.
Australia poised for carbon policy tussle
28 Mar 2014
By MICHAEL HOPKIN.- A Labor-dominated Senate committee has set the stage for the post-July tussle over carbon policy, recommending that Australia commit to much deeper emissions cuts than the current 5 per cent target, and advising against scrapping carbon pricing.
Australian Senate throws out carbon tax bill
21 Mar 2014
The Australian Government’s bill to scrap that country’s carbon tax has been thrown out of the Senate, prompting speculation that a double dissolution could be looming.
We're keen on renewables, says Bridges
21 Mar 2014
Energy Minister Simon Bridges says the Government is just as excited about renewables as it is about oil and gas.
BP urges progress on global carbon price
21 Mar 2014
By ED KING .- Oil giant BP says regional and national carbon pricing policies are likely to be the best way to tackle climate change.
Why business needs to know climate change laws
21 Mar 2014
The number of climate change laws on the statue books of the world’s leading economies grew from less than 40 in 1997 to almost 500 at the end of 2013 SAM FRANKHAUSER, co-director of the Grantham Research Institute at the London School of Economics, reports:
NZUS bounce of $2.90
17 Mar 2014
Spot NZUs closed at $3.00 Friday after starting the day lower. OMFianncial reports:
Nats push green achievements
14 Mar 2014
National is preparing to strut its environmental stuff this weekend, as its Bluegreens Forum gathers in Kaikoura.
Why Australia needs to increase emissions targets
28 Feb 2014
The Climate Change Authority’s new report on emission reduction targets makes a compelling argument for Australia to go much further in cutting greenhouse gas emissions, writes CLIVE HAMILTON, Vice-Chancellor's Chair, Centre for Applied Philosophy and Public Ethics, Charles Sturt University.
Credibility key selling point for green economy
28 Feb 2014
The idea of the “green economy goes in and out of fashion, not least because it is rarely defined and frequently misunderstood, writes PAUL EKINS, Professor of Resource and Environmental Policy, University College, London.
Turmoil across the Tasman will be felt here
21 Feb 2014
By WAYNE KING. Australia’s media is drip-feeding news and commentary on the economic downturn in Australia - particularly in energy developments, the political turmoil revolving around the current Renewable Energy Target and the current policies related to a price on carbon, through the Carbon Price Mechanism and other initiatives.
Why the big boys are serious about carbon pricing
7 Feb 2014
Several of the largest international oil companies, along with other major companies, are taking the prospect of international carbon pricing seriously, writes BARRY NAUGHTON.
Hang on, isn't carbon-happy China just making stuff for us?
7 Feb 2014
Is it fair that China is blamed for the carbon dioxide emissions it generates to manufacture products destined for the West? asks Glen West, of the Center for International Climate and Environment Research.
Experts examine climate impacts on Pacific health
Today 10:30am
Media release | The devastating impacts of climate change on health in the Pacific Islands will be discussed at a symposium at the University of Auckland tomorrow, 5 June.
Controversy around NZ’s methane target hits international press
Tue 3 Jun 2025
By Liz Kivi | New Zealand’s approach to methane targets has hit international media, with climate scientists from multiple countries penning an open letter warning Prime Minister Christopher Luxon not to weaken methane targets.
Greenwashing is rife in Australia, but could its days be numbered?
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.
Microplastics found in sand on dozens of NZ beaches
Today 10:30am
Scientists have extracted microplastics from the sand of 22 beaches from the Far North to Banks Peninsula.
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.
Vanuatu criticises Australia for extending gas project while making COP31 bid
Today 10:30am
Vanuatu’s climate minister has expressed disappointment over Australia’s decision to extend one of the world’s biggest liquefied natural gas projects and said it raises questions over its bid to co-host the COP31 summit with Pacific nations.
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.
Surge of lobbying over electricity sector review
Today 10:30am
Jostling and lobbying have intensified ahead of the release of a review into the electricity sector.
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.
Death toll from Nigeria flash floods rises to 151
Tue 3 Jun 2025
At least 151 people in central Nigeria are now known to have died following flash floods that destroyed homes and displaced thousands of residents earlier this week.
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.
Environmentalists see forestry changes as dangerous step for Tairāwhiti
Tue 3 Jun 2025
By Zita Campbell, Local Democracy Reporter | Tairāwhiti environmentalists have called changes for commercial forestry under proposed Resource Management Act reforms “a slap in the face” and a return to weaker forestry regulations.
Why expensive gas – not net-zero – is keeping UK electricity prices so high
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.
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.
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.
What happened to the hydrogen economy?
Tue 3 Jun 2025
The hydrogen car that was supposed to carry us into a cleaner future is still not in the driveway. In fact, outside of a few test markets, it’s not in anyone’s driveway.
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.
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.
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.
Tech alone won’t save us, warns climate expert
Today 10:30am
By Shannon Morris-Williams | Technology alone won't be enough to reach net zero emissions, environmental psychologist Lorraine Whitmarsh told the Carbon and Energy Professionals conference in Auckland last week.
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.
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.
US: Clean energy project cancellations top $14 Billion so far in 2025
Today 10:30am
Businesses have pulled the plug on big projects amid Trump’s retreat on climate action. But plenty remain in the pipeline, awaiting a Congressional decision on tax credits.
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.
India, a major user of coal power, is making large gains in clean energy adoption
Today 10:30am
One of the most carbon-polluting countries, India is also making huge efforts to harness the power of the sun, wind and other clean energy sources.
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.
“It’s not the car – it’s how we move” – EECA
Tue 3 Jun 2025
By Shannon Morris-Williams| New Zealand’s transport emissions conversation has focused heavily on electric vehicles – but Richard Briggs, group manager, delivery and partnerships at the Energy Efficiency and Conservation Authority, says we’re asking the wrong question.
Europe’s next climate target may already have been agreed in Berlin
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.
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.
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.
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.
