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Taiwan delays carbon fee rate decision, eyes October meeting

Reporter TVBS News Staff
Release time:2024/09/09 15:59
Last update time:2024/09/09 16:08
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Taiwan delays carbon fee rate decision, eyes October meeting (Shutterstock) Taiwan delays carbon fee rate decision, eyes October meeting
Taiwan delays carbon fee rate decision, eyes October meeting (Shutterstock)

TAIPEI (TVBS News) — The Ministry of Environment (MOENV, 環境部) convened its fifth meeting on reviewing the carbon fee rates on Monday (Sept. 9), but officials have yet to finalize the rates.

The four-hour meeting focused on the legislative process for rate setting, adjustment plans, and impact assessments across various industries.

 

The preliminary recommendation suggests an initial general rate ranging from NT$300 to NT$500 per metric ton, subject to biennial reviews and adjustments. Officials plan to retain the preferential rates until the following discussion.

The final rates, initially scheduled for release in June, are expected by the end of October. Trial declarations will start in May 2025, and actual charges will commence in 2026.

Deputy Director General Huang Wei-ming (黃偉鳴) of the Climate Change Administration (CCA, 氣候變遷署) addressed a proposal to set post-2030 rates, stating that it could create conflicts in future responsibilities because the review committee members serve two-year terms. He suggested that the government implement the carbon fee policy first for proper evaluation. 

Taiwan Affairs

#carbon fee# climate change# environmental policy# carbon pricing# carbon tax# MOENV# CCA# Taiwan carbon fee rates# carbon fee policy evaluation# climate change administration Taiwan

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