Review of Taiwan's climate policy after Copenhagen
Resource
RENEWABLE & SUSTAINABLE ENERGY REVIEWS, 16(1), 20-28
Journal
Renewable and Sustainable Energy Reviews
Date Issued
2012
Date
2012
Author(s)
Young, Chea Yuan
Huang, Wei Ming
Abstract
The Copenhagen Accord in 2009 initiated new opportunities for international cooperation in reducing greenhouse gas (GHG) emissions. The purpose of this study was to review Taiwan's current climate policy and, in response to the Copenhagen Accord, to deliberate this policy in the light of new strategic thinking. The study proposes a two-stage approach with a dividing line in 2020. In the first stage, from now until 2020, strategy should be based on cost constraints, with a suggested reduction cost below $60/t-CO2, and implementation of domestic GHG emissions trading scheme and reduction strategies. In the second stage, from 2020 and beyond, action by Taiwan should, accord with international cooperative actions to link its domestic emissions trading scheme with the international carbon market. © 2011 Elsevier Ltd. All rights reserved.
Subjects
Carbon market; Climate policy; Copenhagen Accord
SDGs
Other Subjects
Carbon markets; Climate policy; Copenhagen; Cost constraints; Domestic emissions; GHG emission; Reduction strategy; Strategic thinking; Two stage; Carbon dioxide; Commerce; Gas emissions; International cooperation; Greenhouse gases
Type
journal article
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