A forum titled “Carbon Levy and Sustainable Governance” took place on Feb. 20 in Taipei to facilitate exchanges among industry, government, academia, and research institutes on the topic of carbon pricing.
The event was co-organized by the Risk Society and Policy Research Center (RSPRC) at National Taiwan University (NTU) and the Taiwan Industry-Academia Technology Alliance for Energy Digital Transformation (TAEDT) prior to the government’s announcement of carbon fees expected this year.
Carbon fee rate to be announced in Q1 with preferential offer for voluntary reductions
Major carbon pricing mechanisms implemented worldwide currently include carbon taxes, carbon fees, and cap-and-trade, with carbon prices varying greatly depending on the calculation methods used by countries.
Taiwan's Ministry of the Environment (MOE) is in the process of drafting a mechanism related to carbon pricing and is expected to announce a carbon fee charging scheme in the first quarter of this year.
Tsai Ling-yi (蔡玲儀), director of Climate Change Administration, said that the Legislative Yuan proposed a draft energy tax as early as 2006. After lengthy discussions, the Executive Yuan approved the "Energy Transition White Paper" in 2020, covering policy implications and supplementary measures, but it has yet to be implemented as no consensus has been reached.
