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Taiwan to start collecting carbon fees from second half of 2024

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Taiwan's government plans to start collecting carbon fees from enterprises that generate greenhouse gas emissions starting in the second half of 2024, according to Environmental Protection Administration (EPA) head Chang Tzi-chin (張子敬).

The government will introduce a carbon fee scheme, including pricing for direct and indirect greenhouse gas emissions, later this year, Chang said at the inauguration ceremony of a preparatory office for a climate change agency.

An EPA review committee will discuss and finalize the carbon pricing plan in early 2024, and the government expects to start collecting carbon fees in the latter half of the year, Chang said.

He offered few other details on the plan, however, and did not directly respond to questions about whether the EPA would adopt the suggestion of civic groups to initially set the carbon fee at NT$500 (US$16.32) per metric ton in line with international standards.

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