[Life] Carbon Fee to be Implemented in 2025, Estimated to Reduce Carbon Emissions by 114 Million Tons in 6 Years, Saving Taipei's Annual Electricity Consumption
bellala 央廣6h ago
Taiwan's carbon fee system was implemented last year, and the Ministry of Environment has approved 2,511 voluntary emission reduction measures proposed by 402 factories. The Ministry of Environment stated today (17th) that the carbon reduction amounts from these companies will increase year by year. It is estimated that by 2030, a cumulative reduction of 114 million tons of carbon and 15.14 billion kilowatt-hours of electricity will be saved over six years, equivalent to nearly one year's electricity consumption in Taipei City. #CNA reporter Liu Pin-hsi reporting#
The Taiwanese carbon fee system was implemented last year, and major emitters completed their first carbon fee payment by the end of May this year. The Ministry of Environment recently announced that 240 companies, totaling 461 factories, which are subject to the fee, have all completed their carbon fee payments. The total carbon fee revenue for the first year is approximately NT$4.97 billion, with the semiconductor industry paying the highest amount at NT$2.2 billion, accounting for the largest proportion. The carbon fee revenue will be used exclusively for designated purposes.
The Ministry of Environment held a press conference on the afternoon of the 17th. Chou Jen-shen, head of the Carbon Fee Promotion Group at the Climate Change Administration, pointed out that the Ministry of Environment has approved 2,511 reduction measures proposed by 402 factories. Among these, electricity-saving measures account for the majority at 63%. The main drivers of carbon reduction come from fuel conversion, process improvement, energy efficiency enhancement, and renewable energy use. It is estimated that by 2030, carbon emissions will be reduced by 45.2 million tons annually, and electricity consumption will be saved by 4.18 billion kilowatt-hours annually, equivalent to the annual electricity consumption of about four wafer fabrication plants.
Chou Jen-shen further explained that the carbon reduction effect is not achieved overnight. With the carbon fee coming into effect in 2025, as the fee-paying entities implement voluntary reduction measures, Taiwan's annual carbon reduction will gradually increase. It is estimated that by 2030, a cumulative reduction of approximately 114 million tons of carbon will be achieved over six years. He said: "(Original sound) In the 114th year (2025), our annual carbon reduction is 2.27 million tons. It will continue to rise, breaking through 20 million tons in the 117th year (2028). By the 119th year (2030), we will see an annual reduction of about 45.2 million tons. Over six years, we will accumulate more than 100 million tons, achieving a reduction effect of 114 million tons."
Chou Jen-shen stated that among all carbon reduction methods, electricity saving plays an important role. Energy efficiency improvements and equipment upgrades will lead to progressively larger electricity savings. It is estimated that by 2030, 4.18 billion kilowatt-hours of electricity will be saved annually, with a cumulative saving of approximately 15.14 billion kilowatt-hours over six years, which is nearly equivalent to Taipei City's annual electricity consumption.
In addition, Chou Jen-shen emphasized that corporate investment in carbon reduction not only reduces emissions but also drives upstream manufacturing, engineering services, added value, and employment demand, translating into tangible economic benefits. According to statistics, by 2030, the 402 voluntary reduction plans will involve an investment of NT$738.17 billion, with an estimated NT$1.1325 trillion in industry chain orders, NT$370.8 billion in added value, and a demand for 145,000 person-times of employment.
Minister of Environment PENG Chi-ming emphasized that the collection of carbon fees is not intended to increase government revenue but to encourage companies to implement carbon reduction. Companies should view carbon reduction as an asset, as investing in it will drive considerable economic benefits. The Ministry of Environment will launch a pilot platform for the Emissions Trading System (ETS) by the end of this year, prioritizing the top 20% of carbon-emitting companies, approximately 130 factories, for carbon trading trials. This will drive emissions reduction through market mechanisms and connect with green finance, allowing carbon pricing to return to its true market value.
Source Link: https://www.rti.org.tw/news?uid=3&pid=215111
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