[Life] Carbon Fee to Launch in 2025, Estimated to Reduce Carbon Emissions by 114 Million Tons in 6 Years, Saving Taipei's Annual Electricity Consumption
bella@@ 央廣 新聞3h 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 by these enterprises will increase year by year. It is estimated that by 2030, cumulative carbon reduction over 6 years will reach 114 million tons, and cumulative electricity savings will be 15.14 billion kilowatt-hours, equivalent to saving nearly one year's electricity consumption of Taipei City. #Reported by Radio Taiwan International (RTI) correspondent Liu Pin-hsi#
The Taiwanese carbon fee system was launched last year, and major carbon 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. 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 of 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 largest proportion at 63%. The main drivers of carbon reduction come from fuel conversion, process improvement, energy efficiency enhancement, and the use of renewable energy. It is estimated that by 2030, annual carbon reduction will reach 45.2 million tons, and annual electricity savings will be 4.18 billion kilowatt-hours, equivalent to the annual electricity consumption of about 4 wafer fabrication plants.
Chou Jen-shen further explained that the carbon reduction effect is not immediate. With the carbon fee system coming into effect in 2025, as fee-paying entities implement voluntary reduction measures, Taiwan's annual carbon reduction will gradually increase. It is estimated that by 2030, cumulative carbon reduction over 6 years will reach approximately 114 million tons. He said: "(Original sound) In 114 (2025), our annual carbon reduction is 2.27 million tons. It will continue to rise, breaking through 20 million tons in 117 (2028). By 119 (2030), we will see an annual reduction of 45.2 million tons. Over 6 years, we can accumulate over 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, annual electricity savings will reach 4.18 billion kilowatt-hours, with cumulative savings over 6 years of approximately 15.14 billion kilowatt-hours, 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, estimated to drive NT$1.1325 trillion in supply chain orders, NT$370.8 billion in added value, and create 145,000 job opportunities.
Minister of Environment Pochen-Chiu emphasized that collecting carbon fees is not intended to increase government revenue but to encourage enterprises to implement carbon reduction. Enterprises 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, connect with green finance, and allow carbon pricing to return to true market prices.
Source Link: https://www.rti.org.tw/news?uid=3&pid=215111
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