Project Database

In 2023, Taiwan revised the original ""Greenhouse Gas Reduction and Management Act"" into the ""Climate Change Response Act"". In addition to changing the reduction target for 2050 to ""net zero greenhouse gas emissions"", the revised law also specifically set ""sectoral phase control targets"" for the six major sectors of energy, manufacturing, housing and commerce, transportation, agriculture, and environment. However, the current statistical data of the National Greenhouse Gas Emissions Inventory is divided into five major sectors: energy, industrial processes and product use, agriculture, land use, land-use change and forestry (LULUCF), and waste. Therefore, it is necessary to re-sort the emission source data provided by the ""National Greenhouse Gas Emissions Inventory"" and re-allocate the electricity emissions in the energy sector according to the electricity consumption of the six major sectors. Only then can a reasonable estimation of greenhouse gas emissions and related green growth policy simulations in Taiwan‵s six major sectors be made.
Based on the newly updated sector-specific GHG emission dataset, this project will conduct systemic research and a stakeholder analysis on the structural barriers and potential opportunities that Taiwan faces in the decarbonization of its six sectors, esp., energy, industrial, and transportation sectors. We’ll evaluate the effectiveness of policy tools (e.g., carbon pricing, Taiwan’s CBAM, green finance), technology applications (e.g., geothermal power), and industrial transformation strategies (e.g., motorcycle electronification) on emission reduction outcomes.
For manufacturing sector, Taiwan‵s cement industry is suffering from the double attack of carbon fees and low-price dumping of imported high-carbon cement. The government has not proposed any plan to impose carbon fees on imported cement. This study will use GEMTEE to investigate the economy-wide impacts of introducing carbon fee, the Taiwan version of ""Carbon Border Adjustment Mechanism"" (CBAM), and imposing anti-dumping duties on low-priced cement imports. Impact assessment on industrial development, energy use, and greenhouse gas (GHG) emission will be elaborated.
For transportation sector, Taiwan’s motorcycle electronification policy is believed to help reduce domestic greenhouse gas emissions, green the energy structure, and promote economic development. Taiwan government plans to completely ban the sale of fuel-powered motorcycles by 2040 and achieve a 100% market share of electric motorcycles. It places special emphasis on the localization of the industry chain and fosters the local electric motorcycle industry through subsidies, research and development, etc. This study will explore Taiwan’s motorcycle electronification policy from the perspectives of economy, energy and environment.
For energy sector, geothermal energy serves as a critical sustainable energy source: geothermal power plants operate 24 hours a day, functioning as stable baseload power sources alongside nuclear and thermal power. This technology is explicitly listed in the Taiwan Net-Zero Technology R&D Policy Proposal (臺灣淨零科技研發政策建議書，中央研究院報告 No. 17) released by the Academia Sinica in 2022, designated as one of the ""Five Arrows of Net Zero""(「淨零五支箭」) strategies that should be ""urgently promoted.""(「儘速推動」) Using the extended technology bundle approach this study will investigate the economy-wide impact and carbon emission reduction of imposing the carbon taxation compensated by incentivizing the geothermal investments. Moreover, other scenarios relating to global energy price increase and potential capacity sharing with nuclear power will be explored.