Greenhouse effect and CO 2 emission. Chi-Yuan Liang Institute of Economics, Academic Sinica November 1, 2006. 1. Introduction. 2. The impact of Kyoto protocol on Taiwan. 2.1 Investment and trade risk before 2012 (1/2). Three EU environmental directives:
Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.
Institute of Economics, Academic Sinica
November 1, 2006
Three EU environmental directives:
An International Comparison on CO2 Emission
The growths of CO2 and GDP in Taiwan, 1996-2003
Unit: NT dollars/litre
Sources: The Energy Information Administration (EIA) and Tenaga Nasional Berhad , 2004.
Sources: The Energy Information Administration (EIA) and Tenaga Nasional Berhad (TNB) , 2004.
The effects of different CO2 abatement approaches on Taiwan
Notes: 1. Levying carbon taxes for attaining the objective of CO2 reduction
2. The progressive method is levied annually for twenty years.
3.1 Energy pricing policy
Energy price should fully reflect its internal and external cost.
Floating oil price mechanism is a right direction but should be modified.
Price adjustment formula and mechanism is needed.
AFF should levy on oil products instead of car.
(i) Tax on CO2 emission
(ii) Progressive approach
(iii) Green tax reform
The tax revenue should be used
3.2 Industrial restructuring
3.3 Energy restructuring