Taiwan's carbon fee system, implemented in 2025, currently charges major emitters in the power and manufacturing sectors a standard rate of NT$300 per metric ton of CO2. While the system penalizes high emitters, it lacks a mechanism for companies to earn and sell credits for verified emissions reductions. Environmental experts suggest that Taiwan should evolve its policy by integrating tradable carbon credits, similar to systems used in the EU, Japan, and South Korea. Expanding the sectors covered and gradually increasing the fee could further accelerate the country's progress toward its 2050 net-zero target.
