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Taiwan collects carbon levies from major emitters for first time

Nikkei Asia · last updated
Climate Change

Taiwan collects carbon levies from major emitters for first time

Millions worth of payments will kick off greenhouse gas reduction fund

A bird flies near smoke emitted from a factory in an industrial area of Yilan, Taiwan. © Reuters

TAIPEI — Taiwan has started charging a carbon emissions levy on some major companies, with a payment deadline this weekend, as it aims to kick-start a decarbonization-focused government fund.