Reported over 1 year ago
The Ministry of the Environment is scheduled to hold the fourth carbon fee rate review meeting on the 5th, with one consensus and four points of contention among committee members. The meeting is expected to address deep water rates for the first time, along with discussions on reduction effectiveness under different fee rate scenarios and impact assessments. The progress of the carbon fee review has been slow, with the main consensus being the desire for the carbon fee mechanism to be implemented soon. However, disagreements persist on initial rates, exemptions, preferential mechanisms, and carbon right deduction rates. This ongoing debate is influenced by the EU's Carbon Border Adjustment Mechanism entering its second phase, pushing for clarity in Taiwan's domestic system. The four main points of contention include initial fee rates, exemptions, adjustments for high carbon leakage-risk industries, and policies on carbon right offsetting, with industry leaning towards wider offsetting coverage to encourage carbon reduction, while environmental groups raise concerns about potential shifts in responsibilities due to such policies.
Source: YAHOO