Taiwan To Tax Carbon Emissions, Offer Preferential Rate Incentives

Reporter/Provider - Leon Lien/Joyce Tseng
Publish Date -

An environmental ministry committee has proposed a basic carbon tax rate of US$9.31 per metric ton of carbon emissions, with discounted rates available for firms that proactively reduce pollution. Reactions have been split, with environmental groups saying they're too low, and industry representatives saying they're too high.