The Greenhouse Gas Reduction and Management Act (the Act), since the entry into force on July 1, 2015, have delegated the central and local competent authority to develop Action Plan, Action Program and implementation plan, engaged citizens in low-carbon community to promote reduction measures, companied by adaptation Action Program, to frame an entire strategy for responding the climate change with the aim of reducing emissions.
The exacerbation of the climate change in recent year results in the call of urgency to greenhouse gas emissions reduction around the world. Taiwan is now in the process of the amendment of the Act, reforming the existing emissions reduction and management regulation.
The project consists of three pivotal tasks: 1) Reforming the existing emissions reduction and management regulation; 2) Proposing greenhouse gas emission permit and dedicated personnel regulation; 3) Introducing the greenhouse gas emission reduction economic incentive mechanism and finalizing policy instruments. Results of the aforementioned tasks include: a) gathering information about foreign greenhouse gas emissions reduction policy and measure; b) drafting the amendment of the Act, analyzing regulatory impact and providing official statements c) drafting the regulation of the censorship of greenhouse gas emissions management plan and proposing the regulatory threshold; d) drafting the regulation of the management of greenhouse gas dedicated personnel and analyzing the benefit and feasibility; e) gathering information regarding the international carbon pricing mechanism; f) drafting regulation of greenhouse gas emissions management fee, and recommending the carbon pricing policy; g) drafting subsidiary regulations of cap-and-trade scheme.