This Regulation is formulated in accordance with the Climate Change Response Act. It outlines the framework for levying fees on carbon emissions, aimed at reducing greenhouse gas (GHG) emissions and encouraging industries to adopt cleaner practices. According to the Climate Change Response Act, the central competent authority shall levy carbon fees on greenhouse gas emission sources in stages in order to achieve the national long-term greenhouse gas reduction targets and various stage control targets. This Regulation specifies that the carbon fees shall be levied on power and gas supply industries and manufacturing industries whose annual greenhouse gas emissions total more than 25,000 tons of carbon dioxide equivalent or more. The Regulation further makes provisions for carbon fee declaration, payment process, calculation methods for carbon fees, etc.
Taiwan Province of China · 2024-08-29