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Major Emitters to Pay Carbon Fees for First Time in May, Ministry of Environment Estimates Total Amount Around NT$4.5 Billion

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Taiwan's Ministry of Environment estimates that the first year's carbon fee revenue, to be collected from major emitters starting this May, will be approximately NT$4.5 billion. About NT$4.05 billion of this will be allocated to subsidize carbon reduction technologies, local greenhouse gas reduction, and climate adaptation measures. 430 factories submitted voluntary reduction plans, with 403 approved.

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Frequently Asked Questions

Q: What is the estimated total carbon fee revenue for the first year according to the Ministry of Environment?
A: The Ministry of Environment estimates that the first year's carbon fee revenue will be approximately NT$4.5 billion.
Q: Which industries are required to pay carbon fees under the Carbon Fee Collection Regulations?
A: Electricity, gas supply, and manufacturing industries with annual greenhouse gas emissions exceeding 25,000 metric tons must pay.
Q: What is the general carbon fee rate per metric ton of carbon according to the regulations?
A: According to the regulations, the general carbon fee rate is NT$300 per metric ton of carbon.
Q: What are the two preferential rates available for operators who submit approved voluntary reduction plans?
A: Operators can apply for preferential rate A, which is NT$50 per metric ton, or preferential rate B, which is NT$100 per metric ton.
Q: How many factories applied for the voluntary reduction plans and how many of them were approved?
A: A total of 430 factories applied for voluntary reduction plans, and 403 of those factories were approved by the ministry.