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Carbon Fee Revenue Reaches Nearly NT$5 Billion; Ministry of Environment Announces Subsidy Regulations

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Taiwan's Ministry of Environment has announced draft subsidy regulations for the proper use of the first carbon fee revenue of NT$4.97 billion. The regulations specify application conditions and review deadlines. Separate guidelines will be established for industry interest subsidy requests.

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Frequently Asked Questions

Q: Who is eligible for this subsidy?
A: Businesses and local governments in Taiwan that emit greenhouse gases are eligible.
Q: What is the application deadline for the subsidy?
A: Currently undecided. The official announcement and application period are expected to begin after the public hearing on the 18th.
Q: Are there restrictions on how the subsidy funds can be used?
A: Yes, the funds are limited to the 7 areas specified in the draft, such as low-carbon fuel switching, energy saving, and carbon capture technology.