Taiwanese Industrial Associations Volunteer to Reduce CO2 emissions

Seven Taiwanese industry associations including the Chinese National Federation of Industries will sign an agreement today with the Ministry of Economic Affairs (MOEA) to voluntarily cut down carbon-dioxide gas emission from 2006. According to the agreement, Taiwan’s 200 enterprises with the largest amount of energy consumptions will cut the emission to a goal, which will be set after the deal is done later today.

In addition to the national federation of industries, the other associations are Taiwan Steel & Iron Industries Association, Petrochemical Industry Association of Taiwan, Taiwan Cement Manufacturers’Association, Taiwan Man-Made Fiber Industries Association, Taiwan Paper Industry Association, Taiwan Textile Printing, Dying & Finishing Industry Association and Taiwan Electrical and Electronic Manufacturers’Association.

MOEA officials pointed out that the agreement would make 2004 the base year of the reduction, suggesting that emission volumes beginning next year will be compared with the 2004 volume.

The national federation of industries, which represents the largest number of Taiwan’s industries, will help execute the voluntary agreement. All volunteers pledge to actively get involved in energy-conservation and CO2-emission reduction plans, report results of the conservation and reduction, and accept any inspections based on internationally recognized standards as well as third party’s examinations, according to people familiar with the agreement.