• 2 days ago
Carbon emissions levies in Taiwan are expected to generate a fund worth around US$190M, but local leaders' requests for a share of this revenue are blocked by current laws. The Environment Ministry aims to announce the carbon fee rate later this month.
Transcript
00:00Taiwan's environment ministry says, money raised from fees on carbon emissions cannot
00:05be used by local governments due to current laws.
00:09The government has made it very clear in its fiscal distance law that governments of all
00:13levels cannot increase or fix the amount or proportion of their expenses.
00:18To be honest, I can't do that under this regulation.
00:24Carbon emissions levies starting in 2026 are expected to create a fund worth around
00:29190 million U.S. dollars.
00:32Local leaders in Taichung and Yunlin counties have requested portions of this fund collected
00:36from nearby polluters to be allocated to their regions.
00:39The environment ministry aims to set a carbon fee rate later this month.

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