Topics tagged with 'Tax'
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.
We're willing to pay for an ecosystem, says study
31 Jan 2014
New Zealanders are willing to pay cold hard cash for the ecosystem services provided by plantation forests.
Study shows how to double renewable energy
24 Jan 2014
The global renewable energy share can reach and exceed 30 per cent by 2030 at no extra cost, says a new report.
So, if the carbon tax isn't working, what is?
24 Jan 2014
Melbourne Energy Institute director MIKE SANDIFORD asks the Abbott Government to explain:
Pulp politics bring tension to Tasmania
24 Jan 2014
KATE CROWLEY, Associate Professor of Public and Environmental Policy at the University of Tasmania, examines the tension between the economy and the environment in the state's politics:
Errors in forest returns could be costly, says expert
13 Dec 2013
Many forest owners could run into costly penalties for innocent mistakes in their carbon returns, a consultant is warning.
NZ keeps eye on Chinese carbon market muscle
6 Dec 2013
The launch this week of the world’s second-largest carbon market, in the Chinese industrial powerhouse province of Guangdong, will have little direct impact on the New Zealand market, a leading trader says.
China’s path to green economy fraught with challenges
6 Dec 2013
China is facing significant environmental and social challenges that must be addressed if it is to achieve its sustainable development goals, the United Nations says.
Mix rice straw with wool and you get ... Mibu
6 Dec 2013
A new sustainable wool and rice straw blended upholstery fabric developed by a Wellington company goes into commercial production next year with the potential to create significant demand for New Zealand crossbred wool.
What's going on in world carbon markets
22 Nov 2013
The Carbon Reduction Fund in Australia, backloading in Europe, markets linking in North America and the first carbon auction in China ... Westpac's carbon desk reviews the international carbon markets:
Well done, Mr Abbott, says Canada
15 Nov 2013
Canada has officially applauded the decision by Australian Prime Minister Tony Abbott to repeal the country’s carbon tax.
Abbott wants ideas for emissions scheme
25 Oct 2013
Australia’s new Government is calling for submissions on how to design a scheme to replace the carbon tax and emissions trading scheme.
WORLD WEB ... news from the world of carbon
18 Oct 2013
Polluters eye $4b, airlines emissions charges, China carbon pricing, climate all at sea, worms are heroes, bye-bye Oracle, Quakers talk tough.
US biodiesel set to pass billion-gallon mark
18 Oct 2013
The United States biodiesel industry is on pace to produce more than the 1.28 billion gallons set under the Renewable Fuels Standard for this year.
International update
11 Oct 2013
Westpac's carbon analysts cast their eyes across the international carbon markets.
Big cities show how to tackle climate change
20 Sep 2013
Only two Southern Hemisphere cities are listed in a top 10 of urban areas effectively taking on the challenges of climate change.
Give carbon farm back to the cattle, says Govt
6 Sep 2013
The Northern Territory Government says it is determined to see a cattle station bought with Australian Government funding two years ago for the purposes of carbon farming returned to cattle production, now that it is back on the market.
ANALYSIS: Australians' vote will affect carbon market
30 Aug 2013
The 2013 Federal Election in Australia will have a significant impact on Australian carbon markets, regardless of who wins, Westpac says.
NZUs owners hang on for $7 a tonne
23 Aug 2013
Holders of NZUs are holding out for $7 a tonne, says OMFinancial carbon chief Nigel Brunel.
Official support gives boost to renewable energy
23 Aug 2013
Powered by policy support from their governments, India and Australia will increase their share of renewable energy projects in the near future, while China will remain the largest market in the Asia-Pacific region, says research and consultancy firm GlobalData.
Aussie emitters await election outcome
9 Aug 2013
Australia's Federal election has been September 7 and the outcome will determine the fate of the Carbon Price Mechanism, but in the meantime, the business of compliance goes on. Westpac reports:
Trading seen as answer to South Africa’s energy crisis
26 Jul 2013
Balancing the climate change issue with sustainable energy and the threat of carbon shortage is no easy task for South Africa but carbon trading might just help.
Australia makes early move to carbon trading
19 Jul 2013
Australian households will benefit from an average $380 reduction in the cost of living next financial year after the country moves to a floating price on carbon emissions, the Rudd Government says.
Business backs shift to emissions scheme
19 Jul 2013
A significant section of business prefers an emissions trading scheme to a fixed carbon tax to cut Australia's greenhouse gases, a survey has found.
Australia agrees to help China with ETS
12 Jul 2013
Australia will help China to set up an emissions trading scheme.
Rudd aims to redraw carbon reduction plans
28 Jun 2013
Recycled Australian Prime Minister Kevin Rudd is rumoured to be revisiting Australia’s carbon reduction scheme.
What the power industry players think
28 Jun 2013
United States power industry interest groups were quick to give their assessment this week on President Obama’s plan to reduce greenhouse gas emissions from power generation.
Big news from the US, Australia
28 Jun 2013
There have been significant policy developments over the past week in the global emissions arena, Westpac reports.
People come first, say UN leaders
21 Jun 2013
Governments should that land and mineral wealth are managed wisely, transparently and yield benefits for the people, senior United Nations officials said this week
Scrap carbon price cap, OECD tells NZ
7 Jun 2013
The carbon price cap and free carbon credits for trade-exposed emitters should be scrapped, the OECD is telling New Zealand.
It’s tough in the Outback … and getting tougher
7 Jun 2013
People living in remote Australia are likely to be more severely affected by climate change than other sectors of the national population.
More motorways absurd idea, say Greens
24 May 2013
The revenue from increased petrol taxes should be spent on public transport, the Green Party says.
Carbon trading tax cut put on hold
10 May 2013
A 2015 tax cut in Australia associated with the carbon trading scheme will not go ahead because of the drop in the carbon price in Europe.
Australia cuts emissions … slightly
19 Apr 2013
The Australian Government is facing calls to strengthen its carbon tax, as new figures show the country’s emissions fell only slightly last year.
Combet becomes minister of everything
28 Mar 2013
It’s one of the great political job titles … Minister of Industry, Innovation, Climate Change, Science, Research and Tertiary Education.
Drought costs power company $2m
28 Mar 2013
The North Island drought will cut King Country Energy's income by about $2 million, as the company is forced to buy electricity on the spot market.
Money worries stall Europe's e-car plans
15 Mar 2013
Plans to kick-start Europe’s low-carbon vehicles industry with a huge infrastructure package have run into early roadblocks.
Japan might re-open carbon discussion
15 Mar 2013
Japan might revive discussions regarding a carbon market to effectively reduce pollution levels after elections for the Upper House of parliament in July.
NZ carbon in race to the bottom
15 Feb 2013
As the prices of UN carbon offsets fall to new lows, the New Zealand ETS is increasingly struggling for relevance, writes Carbon Match founder Lizzie Chambers.
US stand puts Abbot on the spot
15 Feb 2013
The Australian Labor Party is using US President Barack Obama’s tough new line on climate change to launch an offensive against Opposition Leader Tony Abbot.
Why you should give up red meat, not flying
1 Feb 2013
People who want to have an effect on climate change would be better to give up red meat and changing lightbulbs than to stop taking flights, says a new study.
Marketing getting news-fatigue
1 Feb 2013
International prices fell sharply last night as news headlines continue to dictate the mood of the European carbon markets, Westpac reports.
At last, it's climate-change time for Obama
25 Jan 2013
By PETER GRIFFIN in Washington. Emboldened by a decisive defeat of his rival in November’s US election, President Barack Obama has outlined a progressive agenda for his second and final term, including rekindling efforts to combat climate change.
Why changing the system has dangers
7 Dec 2012
Reforming the fiscal system with moves like abolishing quarterly reporting could do more environmental damage than good, says a leading New Zealand economist.
California dips toe in carbon market
23 Nov 2012
California has kicked off its cap-and-trade programme to reduce carbon dioxide emissions amid speculation about whether it will nose-dive or become a national model.
Storage problems solved, say inventors
16 Nov 2012
Queensland technology company RedFlow has launched an innovative renewable energy battery storage system - the M90 - at the University of Queensland..
SOE moves into Australian carbon market
9 Nov 2012
A State-owned enterprise is registering to operate in the Australian carbon market.
Carbon markets risk penalising Indigenous stewardship, researchers warn
Thu 5 Mar 2026
Carbon markets designed to reward environmental restoration may be unintentionally disadvantaging Indigenous communities who have long protected intact ecosystems, according to new research.
Grasslands and wetlands are being gobbled up by agriculture, mostly livestock
Wed 4 Mar 2026
A new study takes a first-of-its kind look at how farming converts non-forested areas and major carbon sinks into cropland and pasture.
Auckland Airport switches on giant heat pump system to cut gas use
Today 11:30am
By Shannon Morris-Williams | While Auckland Airport’s switch from gas to heat pumps is welcome, the emissions savings are dwarfed by ongoing aircraft emissions, which are set to rise, according to a sustainable transport expert.
Air NZ joins Marsden Point SAF project
Tue 3 Mar 2026
By Pattrick Smellie | Air New Zealand has quietly added its name to a consortium exploring the viability of green hydrogen production for sustainable aviation fuel at Channel Infrastructure’s Marsden Point energy hub.
Half of nations meet UN deadline for nature-loss reporting
Wed 4 Mar 2026
Half of nations have met a UN deadline to report on how they are tackling nature loss within their borders, Carbon Brief analysis shows. This includes 11 of the 17 “megadiverse nations”, countries that account for 70% of Earth’s biodiversity.
Govt’s own modelling shows LNG leads to higher electricity prices than other solutions
19 Feb 2026
By Christina Hood | COMMENT: According to modelling conducted by Concept Consulting for MBIE, either developing the Tariki gas storage facility or managing electricity demand would deliver lower wholesale electricity prices than the Government’s preferred solution of an LNG import terminal.
Unusual scarcity drives early 2026 NZU rally
Thu 5 Mar 2026
By Pattrick Smellie | The New Zealand carbon price has recovered since its late 2025 collapse, although the rally is driven by scarcity rather than confidence in market settings.
China sets cautious climate target as carbon deadline looms
Today 11:30am
China, the world’s top polluter, set a cautious new climate target for the rest of the decade, frustrating hopes for tighter policy that would accelerate the nation’s work to curb emissions.
Bidders no-show at carbon auction – again
Tue 3 Mar 2026
By Liz Kivi | As predicted, today’s carbon auction yet again failed to attract any bidders, with NZUs currently trading hands on the secondary market at a 35% discount on this year’s auction floor price.
3,600 times faster: China is shaking up the steel industry
25 Feb 2026
For over a century, making steel meant coal, heat, and hours of waiting. A Chinese research team now reports collapsing that process into just three to six seconds; no coal, near zero emissions, and a vortex lance already moving toward commercial production. The technology is called flash ironmaking, and in February 2026, its implications are still unfolding.
LNG: a rational choice compared to unpalatable alternatives
10 Feb 2026
By Pattrick Smellie | COMMENT: By deciding to underwrite the private construction of a liquefied natural gas import facility in Taranaki, the Government has made a rational choice in favour of energy security and affordability.
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.
Italy calls for suspension of EU carbon market
Mon 2 Mar 2026
The Italian Minister said the Emissions Trading System (ETS) has a "perverse effect" and is condemning European companies from being competitive with other countries, urging other member states to back the suspension.
Rule changes could reshape corporate emissions strategies
Today 11:30am
By Shannon Morris-Williams | New Zealand organisations may need to rethink how they manage and report electricity-related emissions as proposed global accounting changes take shape, according to a new report.
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.
Global coastal sea-level risks may be underestimated, say scientists
Thu 5 Mar 2026
By Shannon Morris-Williams | Coastal communities across the Pacific and Southeast Asia could be facing greater sea-level rise risks than previously estimated, researchers say.
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.
The 15 foods destroying rainforests, in one simple chart
25 Feb 2026
It’s pretty much impossible to live a life free of environmental harm. But there is one thing you could do immediately that would help the planet a heck of a lot: eat less beef.
A gas shock – not an oil shock – from the Iran war looks more threatening
Wed 4 Mar 2026
Europe and Asia will take an economic hit if the supply of Qatari LNG is halted by the closure of the strait of Hormuz.
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.”
Gaps in adaptation taxonomies hinder climate finance in Asia: report
Thu 5 Mar 2026
Without clearer criteria and metrics in adaptation taxonomies, Asia risks widening its climate financing gap, warns a new report by the Institute for Energy Economics and Financial Analysis (IEEFA).
Surviving on Trump's dangerous planet
Mon 2 Mar 2026
COMMENT: Yet another war, and yet another argument for an end to oil.
Claims that AI can help fix climate dismissed as greenwashing
18 Feb 2026
Tech companies are conflating traditional artificial intelligence with generative AI when claiming the energy-hungry technology could help avert climate breakdown, according to a report.
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.
Media round-up
13 Feb 2026
In our round-up of climate coverage in local media: Senior UK ministers have asked their New Zealand counterparts to explain new climate policies, National’s LNG blunders are a warning ahead of election campaign, and what are the lessons New Zealand should take from another summer of weather disasters?
Wales council to buy and demolish homes prone to flooding
4 Feb 2026
A row of homes in a village in south Wales is to be bought by a local authority and demolished as they can no longer be protected from flooding caused by the climate crisis.
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.
EDS puts environmental lawmaking under the spotlight
26 Feb 2026
Media Release |The Environmental Defence Society has launched the first in a series of investigative pieces into how environmental laws are being made in Aotearoa New Zealand.
Climate 'dream team' launches foundation targeting 100 million tonnes in emissions cuts
25 Feb 2026
By Shannon Morris-Williams | The New Zealand Climate Foundation, which has the ambitious aim of cutting 100 million tonnes of greenhouse gas emissions by 2035, had its official launch on Monday.
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.
Carbon auction set to be another non-event
Mon 2 Mar 2026
By Liz Kivi | Tomorrow’s Emissions Trading Scheme auction – the first for 2026 – is set to be a non-event, with secondary market prices more than $25 below this year’s $71 auction floor price.
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.
Tiny, lost and constipated: what a baby turtle told Australian scientists about warming seas
Today 11:30am
The arrival of loggerheads in New South Wales shows these ‘sentinels of climate change’ are being forced into unknown territory.
The world’s largest climate finance deal was built to flounder: why funding fails to reach the front‑line
Today 11:30am
Adopted in December 2015, the Paris Agreement commits countries to keeping global temperature rise below 2°C above pre-industrial levels.
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?
Should we tax the rich to pay for climate costs? Poll says yes
Today 11:30am
By Shannon Morris-Williams | New polling has found most New Zealanders support higher taxes on the ultra-rich to help fund public goods such as healthcare, housing and climate action.
Families will pay more without clean car standard
Today 11:30am
Media release | The Green Party says scrapping the Clean Car Standard will mean New Zealanders end up paying more to run their cars.
Media round-up
20 Feb 2026
In our round-up of climate coverage in local media: 'Every tonne matters': The climate scientist who wants to give you hope; Minister says managed retreat is an option; and climate change is here – is New Zealand ready?
Brazil and India agree to boost cooperation on rare earths
24 Feb 2026
Brazil and India sealed a deal Saturday on critical minerals and rare earths, enhancing cooperation on crucial resources between two major countries of the global south as they seek to diversify their trading relationships.
PPA template aims to cut transaction costs and accelerate renewable investment
Today 11:30am
Media release – DLA Piper | An energy industry initiative led by BusinessNZ Energy Council, Zeale (formerly EVA Marketplace) and DLA Piper has released New Zealand’s first publicly available, standardised template for corporate power purchase agreements (PPAs), designed to reduce transaction costs and unlock more financing to accelerate renewable energy projects.
High-tech flights tackle climate modelling dilemma
Mon 2 Mar 2026
Media release – University of Canterbury | An ongoing challenge in global climate modelling is being addressed by HALO-South a German-Christchurch collaboration.
NZ-UAE partnership boosts advanced tech
9 Feb 2026
Media release | A new Antarctic science partnership with a leading UAE university will grow New Zealand’s advanced engineering and modelling capability, supporting high-value jobs, encouraging economic growth, and enabling smarter climate risk management, Science, Innovation and Technology Minister Dr Shane Reti says.
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.
Solar-powered truck charging gains ground on South Africa’s freight corridors
Wed 4 Mar 2026
Africa’s freight corridors, long dominated by diesel trucks and constrained by unreliable power grids, are emerging as a new frontier in the global shift toward clean logistics, with solar-powered charging hubs designed specifically for heavy-duty electric trucks.
World leaders invited to see Pacific climate destruction before COP31
Tue 3 Mar 2026
The leaders and climate ministers of governments around the world will be invited to meetings on the Pacific islands of Fiji, Palau and Tuvalu in the months leading up to the COP31 climate summit in November.
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.
Empty emergency reserve forces $6.1m flood repair loan
Mon 2 Mar 2026
By Kira Carrington, Local Democracy Reporter | A depleted emergency fund has forced Marlborough to borrow $6.1 million to repair damage from last year's floods.
Study finds warming world increases days when weather is prone to fires around the globe
20 Feb 2026
The number of days when the weather gets hot, dry and windy — ideal to spark extreme wildfires — has nearly tripled in the past 45 years across the globe, with the trend increasing even higher in the Americas, a new study shows.
Western Australian communities want mandatory payments from new renewable developments
Today 11:30am
The West Australian government wants to make new wind and solar farms pay into community funds, but host towns say more work needs to be done to make sure the payments actually happen.
