IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v17y2025i5p1885-d1597566.html
   My bibliography  Save this article

How Can Carbon Fees Help Taiwan Reduce Carbon Emissions?

Author

Listed:
  • Jyh-Woei Lin

    (Changzhou Vocational Institute of Mechatronic Technology, Changzhou 213164, China
    Department of Electrical Engineering, Southern Taiwan University of Science and Technology, Tainan 710301, Taiwan)

Abstract

Taiwan will levy a carbon fee starting in 2025, according to the three-tier carbon accounting model and carbon emissions inventory measures. On 21 October 2024, Taiwan’s Ministry of Environment announced the carbon fee and that Taiwan had officially entered an era in which carbon emissions would be priced. The carbon fee officially took effect on 1 January 2025. Therefore, all manufacturing and power industries with annual carbon emissions exceeding 25,000 tons of carbon dioxide equivalents (tCO 2 e) would be billed. The carbon fee system provides various preferential rate options and encourages all companies to propose voluntary reduction plans. Rate differences can help generate substantial carbon reduction action. However, the carbon fee system is flexible and can be adjusted in the future based on implementation status and industry change to help cope with changes in the net-zero transformation process.

Suggested Citation

  • Jyh-Woei Lin, 2025. "How Can Carbon Fees Help Taiwan Reduce Carbon Emissions?," Sustainability, MDPI, vol. 17(5), pages 1-9, February.
  • Handle: RePEc:gam:jsusta:v:17:y:2025:i:5:p:1885-:d:1597566
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/17/5/1885/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/2071-1050/17/5/1885/
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:17:y:2025:i:5:p:1885-:d:1597566. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.