The Ministry of Economic Affairs (MOEA), in line with Taiwan's goal of attaining net zero carbon emissions by 2050, has promised to help industries reduce carbon emissions through R&D of technologies conducive to such reductions and enactment of regulations concerned.
For technology R&D, state-run enterprises will undertake pilot projects. For example, CPC will make planning for setting up infrastructure for hydrogen supply, while CSC is undertaking a pilot project of capturing carbon monoxide and carbon dioxide by-produced in steel manufacturing as materials for petrochemical makers to produce methanol, methane, acetic acid and other chemicals, MOEA said.
For enactment of regulations, state-run Taiwan Power Company (Taipower) will undertake sandbox experiments for CCS (carbon capture and storage) to establish scientific evidences as a basis for public communication, MOEA noted.
Particularly for regulating use of hydrogen, supply of hydrogen will be managed in compliance with existing Energy Administration Act for the time being and with Hydrogen Energy Administration Act to be enacted in the future, MOEA indicated.
Although Taiwan was unable to attend COP26, amendments have been propsed to its Greenhouse Gas Reduction and Management Act, which has also been renamed as Climate Change Adaptation Act. If the proposal is adopted as it is, Taiwan will levy carbon taxes beginning 2024, said MOEA.
There are 25 manufacturers that have made plans to reach net zero carbon emission, including TSMC, UMC, ASE, AUO and Delta Electronics, MOEA noted. The 25 manufacturers account for over 51% of total carbon emitted by all manufacturers.