Taiwan's legislature passed the "Climate Change Response Act" on Jan. 10, establishing a carbon fee system for large emitters and setting a goal of reaching net-zero emissions by 2050.
The legislation, which was first authorized by the Executive Yuan in April, received its third and final reading on Jan. 10, following negotiations between lawmakers from the ruling and opposition parties.
The approved version of the act establishes a goal of reaching net-zero carbon emissions in Taiwan by 2050, meaning that the amount of greenhouse gases emitted would be no more than the amount removed from the atmosphere.
