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Tuesday, June 18, 2024

Taiwan to pave the way toward net zero by 2050

By Kim Ngan

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HCMC – Chairman of the Taiwan External Trade Development Council (TAITRA) James C. F. Huang has expressed his ambitious goals about the journey of energy transformation, not only in Taiwan but also around the world, noting that this is a once-in-a-lifetime chance to make things right.

He made the statement on October 18, at an opening ceremony of Energy Taiwan and Net-Zero Taiwan 2023. The exhibition acts as the most indicative platform for promoting renewable energy across Asia.

James C. F. Huang, Chairman of TAITRA, speaks at the opening ceremony

James said: “It is essential to pay close attention to the trends and directions of carbon-reduction, and to accelerate the green transformation. Energy Taiwan and Net-Zero Taiwan make exactly the best platform for green energy and carbon solutions. This is a commitment and a testament to ensuring peace, stability, and the welfare of generations to come.”

One hundred and fifty countries and territories worldwide have set the goal of achieving net-zero carbon emissions by 2050. 71 countries and territories, including Taiwan, have adopted carbon pricing tools aimed at reducing carbon footprints. The international pressure to reduce carbon emissions and enhance green competitiveness has become a key focus for businesses.

Cheng Wen-tsan, Vice Premier of Taiwan, stated that developing renewable energy is an urgent issue. It has become the axis policy of Taiwan. Under the goal of net-zero emissions by 2050, Taiwan’s diversified ecosystem of emerging energy is thriving, and the planned capacity of renewable energy installations will reach 29GW by 2025.

Energy Taiwan and Net-Zero Taiwan 2023, Jointly organized by TAITRA and Green Energy and Sustainability Alliance (GESA), a SEMI Industry Group, takes place from October 18 to 20 at the Taipei Nangang Exhibition Center, Hall 1 (TaiNEX 1) in Taiwan. It offers a comprehensive display of top-tier products and technologies along the full industry spectrum, making it an essential sourcing platform for both local and global industry participants.

The three-day event featuring forums and expositions will gather representatives from the renewable energy industry, public sector, academia, and research organizations to explore ways to increase the production of green energy.

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