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| 1 |
ID:
094873
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| Publication |
2010.
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| Summary/Abstract |
Faced with pressure from greenhouse gas reductions and energy price hikes, the Taiwan government is in the process of developing an energy tax regime to reflect environmental external costs and effectively curb energy consumption, as well as mitigate CO2 emissions through an adequate pricing system. This study utilizes a CGE model to simulate and analyze the economic impacts of the draft Energy Tax Bill and its complementary fiscal measures. Under the assumption of tax revenue neutrality, the use of energy tax revenue generated for the purpose of reducing income tax is the best choice with double dividend effects since it will effectively stimulate domestic consumption and investment, and, consequently, mitigate the negative impacts of the distortionary tax regime. The double dividend effect is less significant, however, when the supplementary measures being used are for government expenditure. Nevertheless, all supplementary measures have effectively reduced energy consumption, which means they have delivered at least the first dividend-in the sense of CO2 emissions control. It has been verified in this study that having adequate public-finance policy measures is the key to realizing the double dividend effect.
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| 2 |
ID:
054454
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| Publication |
Taiwan, Chung-Hua Institution for Economic Resarch, 1996.
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| Description |
23p.
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| Series |
Discussion paper series; no.9608
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| Standard Number |
9579676178
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Copies: C:1/I:0,R:0,Q:0
Circulation
| Accession# | Call# | Current Location | Status | Policy | Location |
| 039119 | 382.70951249/BOR 039119 | Main | On Shelf | General | |
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| 3 |
ID:
110354
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| Publication |
2011.
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| Summary/Abstract |
The long-term forecasting of energy supply and demand is an extremely important topic of fundamental research in Taiwan due to Taiwan's lack of natural resources, dependence on energy imports, and the nation's pursuit of sustainable development. In this article, we provide an overview of energy supply and demand in Taiwan, and a summary of the historical evolution and current status of its energy policies, as background to a description of the preparation and application of a Long-range Energy Alternatives Planning System (LEAP) model of Taiwan's energy sector. The Taiwan LEAP model is used to compare future energy demand and supply patterns, as well as greenhouse gas emissions, for several alternative scenarios of energy policy and energy sector evolution. Results of scenarios featuring "business-as-usual" policies, aggressive energy-efficiency improvement policies, and on-schedule retirement of Taiwan's three existing nuclear plants are provided and compared, along with sensitivity cases exploring the impacts of lower economic growth assumptions. A concluding section provides an interpretation of the implications of model results for future energy and climate policies in Taiwan.
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