Council announces 2030 emissions reduction goal

Image Source: https://www.taipeitimes.com/

Council announces 2030 emissions reduction goal

Council announces 2030 emissions reduction goal

Source: https://www.taipeitimes.com/News/front/archives/2022/12/29/2003791608

Taiwan by 2030 aims to reduce emissions by 23 to 25 percent from 2005 levels and achieve net zero emissions by 2050, the National Development Council said yesterday. To reach the 2030 goal, the agency revealed a slew of transition plans based on 12 key strategies, including power/photovoltaics, hydrogen energy, innovative energy, carbon capture, utilization and storage, and decarbonizing the transportation sector. To encourage small and medium-sized enterprises to cut emissions, the government is studying incentive measures, including subsidies and tax breaks, he added. Unsatisfied with the goal, several environmental groups, including the Green Citizens’ Action Alliance and Citizen of the Earth, Taiwan, yesterday in a joint statement said the government needs to take more ambitious actions to decrease emissions, adding that the 23 to 25 percent emissions reduction target is not sufficient. The government is reviewing its 2030 Nationally Determined Contribution target of reducing emissions by 20 percent from 2005 levels, the base year for long-term efforts. It is also preparing updated contribution targets as required by the Paris Agreement.