NCCU leads scholars on a carbon trading project
2011-04-01 00:00:00

By Cindy Yen (顏睿萱)
Campus Reporter

National Chengchi University (NCCU) Dean of Research and Development Chou Li-fang (周麗芳) has launched a new research project on carbon trading, with contributed efforts from professors of several distinguished universities in the nation and overseas.

Aside from those of NCCU, there are also researchers from National Taiwan University, National Tsing Hua University, National Taipei University, Kainan University, and University of Vienna.

Chou said that the scholars will jointly work on a project titled “The Study of Emissions Trading Scheme Establishment to Respond Low Carbon and Green Growth in Taiwan,” which was made possible through a three-year sponsorship from the National Science and Technology Program---Energy of 2011 of the National Science Council (國科會100年度能源國家型科技計畫).

NCCU College of Social Science established the Green Energy Finance Research Center (綠色能源財經研究中心) in July last year, and it has since been conducting social science researches on green energy.

“Green energy and social science might seem like two completely different domains. In fact, they are very closely related,” Chou said.

“In order to respond to growing importance of a sustainable environment corporations will be facing emissions restrictions in the future, and they need to be prepared for that,” she added. “More importantly, our government must efficiently form a carbon trading system. This is what we are lacking, and this is why our team initiated the project,” Chou said.

According to Chou, the project will focus on four major subjects: emission trading, allocation and planning of emission allowance, carbon emission prices and carbon risks.

The project also aims to build frameworks to evaluate several factors, including the optimal scales of emission allowance allocation and emission market size as well as the impact of carbon emission price velocity on green investment, she said.

“Taiwan is not a member of the United Nations Framework Convention on Climate Change,” Chou said. “However, as we also share the responsibility to protect our environment, we need to take active steps to create a low-carbon-emission society. In this field, I believe that a sound energy policy is of utmost importance. ”

Chou emphasized that the advance in technology and the creation of policies must originate from caring our land.

“Only this way could we synchronize technology advances with the prosperity of the society,” she said.

In the coming months, the research team will hold seminars and forums on related subjects.

The research partners from the University of Vienna will also visit Taiwan and share their experiences and views on the topic.