Carbon News 20/10/14: Chile’s carbon tax, soil SOS and more pressure on dirty investments

By Gareth Renowden 20/10/2014


Chile’s new tax could open carbon doors for NZ

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. The $US5-a-tonne carbon tax slipped into Chilean law last month as part of a package of tax reforms.

Soils SOS as cities gobble up our best growing land

New Zealand is allowing its elite soils to be eaten up by cities — despite signing up to a new global campaign to protect valuable agricultural land. New Zealand launched its membership of the 17-country Pacific Soil Partnership on Wednesday – the same day that the Government announced it would push ahead with plans to ease planning rules to allow our cities to spread.

Rod Oram: Why i’m getting out of fossil fuels

Business commentator Rod Oram is putting his money where his mouth is when it comes to sustainable investment. Like the Rockefellers in the United States, Oram has ditched his fossil fuel investments.

Kiwi savers want investments to do clean work

A survey of New Zealanders has revealed that Kiwis care deeply about how their KiwiSaver funds are being invested and that they want more sustainable KiwiSaver options.

Fracking boom could mean up to 12% more carbon emissions

The consistent message from those who would seek to exploit shale gas is that it has three distinct advantages over existing forms of fossil fuel energy: it is cheap, it has a lower influence on global warming, and it reduces the reliance in foreign imports.

Angry city draws a line in the (fracking) sand

A college town in southern Minnesota is taking action against the frac-sand industry that’s booming amid America’s drilling revolution.

Greenpeace v Shell via Lego: the building blocks of a successful campaign

October 9, 2014 was a big day in eco-activism: Lego announced that it would not renew a product-placement deal with Shell, following concerted pressure from Greenpeace as part of a campaign to ban Arctic oil exploration by attacking firms associated with such activities.

A new agricultural economy is knocking on the door

Europe should be pushing for the rapid expansion of its network of biorefineries, to produce European food, fuel and feed, as well as a range of other high-value products that replace fossil fuels, writes Robert Wright, Secretary-General of the European Renewable Ethanol Association:

Fish-catching technique nets innovation award

A technique allowing wild fish to be landed live — and released if necessary — has won the supreme title in the New Zealand Innovators’ Awards.

Problem seaweed could provide biofuel solution

It has often been used as a farmland fertiliser, and in some communities it is eaten as a vegetable, but now researchers believe that seaweed could power our cars and heat our homes.

Solar chief: there’s no cost to solar energy, only savings

SolarCity Corp, the United States’ largest residential solar service provider, has a history of pushing the envelope.

Outlook palls for fossil fuel investment

Warnings within the world of high finance are coming thick and fast that the increasingly urgent need to combat climate change means investors could lose heavily by sinking funds into coal, oil and gas.

On the web: global shipping emissions set to soar unchecked

  • Pacific Islanders blockade Australian coal port to protest rising sea levels
  • Sweden calls on EU to agree 50% carbon cuts for 2030
  • Impacts of climate change to now be included in UK’s military planning
  • South Africa’s Eskom powers up wind farm
  • China to phase out financial support for solar power sector by 2020

Don’t get too excited, no one has cracked nuclear fusion yet

Aerospace giant Lockheed Martin’s excitement in the media announcement last week that it could make small-scale nuclear fusion power a reality in the next decade has understandably generated

Market remains quiet

The carbon market slipped a little late last week to $4.32 on light volume, OMFinancial reports.

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