The EPA announced amendments to some articles of the Regulations Governing Incentives for Energy Efficiency Compliance Standards on 11 January 2019. The amendments include: revising the conditions in which incentive applications become ineligible, removing the 12-month period requirement, and adding the deadline of incentive applications for the reduction measures implemented before the Greenhouse Gas Emission Performance Standards take effect.
The amendments mainly focus on GHG mitigation measures that comply with energy efficiency standards and have been implemented after 2015. After the mitigation is verified, enterprises may apply for emission allowances from the central competent authority.
To encourage enterprises to step up carbon reduction before the implementation of cap control, the EPA promulgated the regulations on 15 March 2017. In response to the formulation of the Greenhouse Gas Emission Performance Standards, the calculation method for incentives has been changed and is now based on the total emission for an enterprise. Therefore, enterprises that fail to perform GHG reduction measures due to permanent or temporary close-down and suspension are disqualified from incentive applications.
In consideration of the timeliness of reduction measures, the EPA has removed the requirement that only applications with at least 12 months of mitigation time would be accepted. Furthermore, the amendments stipulate that incentive applications for reduction measures performed before implementation of the Greenhouse Gas Emission Performance Standards are to be submitted by the end of October 2019. With the amendments, the EPA aims to improve execution of the GHG reduction policies and to prevent false issuance of incentives.
Excerpt from Environmental Policy Monthly, 22(2)
- Environmental Protection Administration, R.O.C.(Taiwan)