Evolution of carbon pricing in Taiwan: carbon fee revenue use options

The Grantham Research Institute published a report for Taiwan’s Ministry of Environment on how carbon fee revenues can be used most effectively, following the first payments based on 2025 emissions collected in May 2026. Drawing on the 13 use cases in Article 33 of the Climate Change Response Act, it compares changing the tax mix, changing spending patterns and changing the fiscal balance sheet, with case studies from Japan, the EU Innovation Fund and California. Its ten recommendations include allocating 65% to environmental investment, 25% to transition support and 10% to administration, plus an online public revenue-use tracker.
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