Strategies For Achieving Zero Emissions By 2050 Being Made By Taiwan

Following severe criticism by green groups of the Taiwanese government of not doing enough to fight climate change, Taiwan has started a process of making an assessment of how it can achieve a target of zero emissions by 2050.

This was announced by Taiwan’s President Tsai Ing-wen on Thursday.

Even though Taiwan is not a part of most of the international bodies and treaties because of pressure from China which still considers the island to be a part of its own territory, this island is keen to show that it is a responsible member of the international community.

The European Union on Wednesday struck a crucial and landmark climate change law that is aimed to put new and stricter targets on emissions of greenhouse gas at the core of policy making of the 27 member bloc so that the EU as whole is able to move quickly towards achieving zero net emissions by 2050.

China, one of the largest emitters of green house gases, has said that it expects its carbon emissions to reach a peak by 2030 and it expects to become carbon neutral by the year 2060.

Taiwan “cannot fall behind the international trend”, Tsai said while speaking at an Earth Day event in Taipei. “At the moment many countries are discussing the target of zero net emissions transformation by 2050, and Taiwan is actively planning it,” she said.

Tsai said that assessment and planning for a possible path to reach a net zero emissions target by 2050 has been started by the government under the coordination of the cabinet.

She said that many companies viewed it (achieving net zero emissions) as an opportunity even though some companies might think that this target was a challenge.

“The supply and demand ends of the market must change the logic of their thinking, seize new business opportunities, and strengthen Taiwan’s competitiveness in the global supply chain,” she said.

In a previous announcement made by Taiwan in 2015 it has set a target of reducing its carbon emissions by half by 2050 at 2005 levels of emissions.

The climate activist group Greenpeace had appealed to the tech powerhouse Taiwan last year to create policies and strategies that would be more aggressive in addressing the problem of climate change and reminded the island of the threats it itself faces of extreme weather and rising sea levels – which are caused by climate change.

Currently a severe drought has engulfed Taiwan which has been termed as the worst for the island in more than a century because of the failure of the typhoons on which it relies to replenish reservoirs to make landfall on the island.

(Adapted from USNews.com)



Categories: Economy & Finance, Geopolitics, Regulations & Legal, Strategy, Sustainability

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