GOVERNMENTS/ASSOCIATIONS/FASTENER GROUPS

Taiwan Carbon Credits Exchange Platform to be Headquartered in Kaohsiung

Add to my favorite

2023-06-20

Taiwan Carbon Credits Exchange is being planned to be located in Kaohsiung and its information trading center in Taipei, with separate offices in Taipei and Kaohsiung to promote the cultivation of talents.

Kaohsiung has five advantages. It has the most demand for carbon credits. Kaohsiung had 57.37 million tons of carbon emission in 2021, accounting for one fifth of Taiwan's national emission. There are more than 90 high-carbon-emission enterprises under surveillance. After the implementation of carbon credits and the total volume control system, the demand for voluntary reduction quota of enterprises and the demand for overseas voluntary carbon credits in Kaohsiung will be the largest in Taiwan.

Kaohsiung's goal is to reduce over 10 million tons of emission by 2030. Plus this city's complete industrial chain of steel and petrochemicals creates external carbon reduction benefits through industrial alliance with large and small enterprises, and will be the main source of carbon credits supply for reduction quota.

In addition, most of Kaohsiung's major carbon emitters are conventional heavy industries such as steel and petrochemicals. Carbon emission calculation, disclosure and analysis have been in place for years. The existing database will be a good basis for carbon credits exchange in the future. After the implementation of CBAM, the demand for carbon credits exchange will be generated from the goods entering the port of Kaohsiung. Kaohsiung has an advantageous position to establish a carbon credits exchange platform.

碳權交易所

總公司

高雄

台北

資訊交易中心

碳排

碳費

carbon credits exchange platform

headquarters

Kaohsiung

Taipei

information trading center