IDEAS home Printed from https://ideas.repec.org/p/ehl/lserod/129324.html
   My bibliography  Save this paper

Policy measures to respond to carbon fee impacts on industry in Taiwan

Author

Listed:
  • Burke, Josh
  • Taschini, Luca
  • Doda, Baran
  • Ortiz, Victor
  • Steinlein, Anastasia

Abstract

Carbon pricing is increasingly seen as a crucial tool in the global effort to combat climate change. In this evolving policy landscape, Taiwan is actively advancing the development of its national carbon fee, which was launched in 2024, with an initial focus on the electricity and manufacturing industries. Within this framework, it is exploring the adoption of measures aimed at safeguarding its industries from potential adverse consequences. Opposition to carbon pricing instruments is likely to arise from both the industrial sectors and population groups that will be impacted the most. This report focuses on resistance from the industrial sector and examines the relevant measures that have been adopted by major carbon pricing jurisdictions, including in the European Union, Singapore and UK, to provide insights for addressing potential industry resistance and the development of tailored recommendations for Taiwan.

Suggested Citation

  • Burke, Josh & Taschini, Luca & Doda, Baran & Ortiz, Victor & Steinlein, Anastasia, 2024. "Policy measures to respond to carbon fee impacts on industry in Taiwan," LSE Research Online Documents on Economics 129324, London School of Economics and Political Science, LSE Library.
    • Handle: RePEc:ehl:lserod:129324
    as

    Download full text from publisher

    File URL: http://eprints.lse.ac.uk/129324/
    File Function: Open access version.
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Martin, Ralf & de Preux, Laure B. & Wagner, Ulrich J., 2014. "The impact of a carbon tax on manufacturing: Evidence from microdata," Journal of Public Economics, Elsevier, vol. 117(C), pages 1-14.
    2. Richard S. J. Tol, 2023. "Social cost of carbon estimates have increased over time," Nature Climate Change, Nature, vol. 13(6), pages 532-536, June.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Xu, Qi & Liu, Kui, 2024. "Hero or Devil: A comparison of different carbon tax policies for China," Energy, Elsevier, vol. 306(C).
    2. Kurz, Antonia, 2024. "Within-country leakage due to the exemption of small emitters from emissions pricing," Journal of Environmental Economics and Management, Elsevier, vol. 124(C).
    3. Laeven, Luc & Popov, Alexander, 2023. "Carbon taxes and the geography of fossil lending," Journal of International Economics, Elsevier, vol. 144(C).
    4. Martinsson, Gustav & Sajtos, László & Strömberg, Per & Thomann, Christian, 2022. "Carbon Pricing and Firm-Level CO2 Abatement: Evidence from a Quarter of a Century-Long Panel," Misum Working Paper Series 2022-10, Stockholm School of Economics, Mistra Center for Sustainable Markets (Misum).
    5. Chakraborty, Saptorshee Kanto & Mazzanti, Massimiliano, 2021. "Renewable electricity and economic growth relationship in the long run: Panel data econometric evidence from the OECD," Structural Change and Economic Dynamics, Elsevier, vol. 59(C), pages 330-341.
    6. Mardones, Cristian & Flores, Belén, 2018. "Effectiveness of a CO2 tax on industrial emissions," Energy Economics, Elsevier, vol. 71(C), pages 370-382.
    7. Ling-Yun He & Xiao-Feng Qi, 2021. "Environmental Courts, Environment and Employment: Evidence from China," Sustainability, MDPI, vol. 13(11), pages 1-16, June.
    8. Lu, Yunguo & Zhang, Lin, 2022. "National mitigation policy and the competitiveness of Chinese firms," Energy Economics, Elsevier, vol. 109(C).
    9. Kryzanowski, Lawrence & Wu, Tingting & Wu, Yanting, 2025. "Impact of carbon prices on household behaviors in housing transactions," International Review of Financial Analysis, Elsevier, vol. 104(PA).
    10. Wei, Chuanhui & Zhang, Yongji & Lan, Minghui & Su, Zhi & Du, Heran & Wang, Ke, 2024. "How could we benefit from a low-carbon economy? Evidence from Chinese regional labor markets," Structural Change and Economic Dynamics, Elsevier, vol. 71(C), pages 523-537.
    11. Sung-Hyun Jun & Jee Young Kim & Hyungna Oh, 2021. "Evaluating the impact of the KETS on GHG reduction in the first phase," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 23(3), pages 613-638, July.
    12. Francisco Estrada & Veronica Lupi & W. J. Wouter Botzen & Richard S. J. Tol, 2025. "Urban and non-urban contributions to the social cost of carbon," Nature Communications, Nature, vol. 16(1), pages 1-11, December.
    13. Jacquelyn Pless, 2023. "To Starve or to Stoke? Understanding Whether Divestment versus Investment Can Steer (Green) Innovation," Entrepreneurship and Innovation Policy and the Economy, University of Chicago Press, vol. 2(1), pages 107-147.
    14. Bernard Caillaud & Gabrielle Demange, 2017. "Joint Design of Emission Tax and Trading Systems," Annals of Economics and Statistics, GENES, issue 127, pages 163-201.
    15. Matterne, Ilias & Roggeman, Annelies & Verleyen, Isabelle, 2024. "The impact of environmental taxation on innovation: Evidence from Canada," Energy Policy, Elsevier, vol. 187(C).
    16. Bjertnæs, Geir H.M., 2025. "Economical driving and taxation of road use," Energy Economics, Elsevier, vol. 142(C).
    17. Christina Caron, 2024. "Eroding Natural Capital: An Alternative Explanation for the Secular Decline in Productivity Growth," International Productivity Monitor, Centre for the Study of Living Standards, vol. 47, pages 109-147, Fall.
    18. Jun U. Shepard & Bas J. van Ruijven & Behnam Zakeri, 2022. "Impacts of Trade Friction and Climate Policy on Global Energy Trade Network," Energies, MDPI, vol. 15(17), pages 1-21, August.
    19. Heider, Florian & Inderst, Roman, 2021. "A Corporate Finance Perspective on Environmental Policy," EconStor Preprints 253669, ZBW - Leibniz Information Centre for Economics.
    20. Wang, Ying & Li, Mingsheng, 2022. "Credit policy and its heterogeneous effects on green innovations," Journal of Financial Stability, Elsevier, vol. 58(C).

    More about this item

    JEL classification:

    • R14 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Land Use Patterns
    • J01 - Labor and Demographic Economics - - General - - - Labor Economics: General
    • N0 - Economic History - - General

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ehl:lserod:129324. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: LSERO Manager (email available below). General contact details of provider: https://edirc.repec.org/data/lsepsuk.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.