Toward net zero together
In his book How to Avoid a Climate Disaster, Bill Gates says: “The countries that build great zero-carbon companies and industries will be the ones that lead the global economy in the coming decades.” Many Taiwanese enterprises are working with academia to develop low-carbon technologies, such as National Cheng Kung University’s successful creation of Taiwan’s first carbon-negative pilot factory. The carbon-negative technology converts the carbon dioxide (CO2) in flue gas into methane, ethane, and propane, with the methane in particular being useful in making Taiwan more self-sufficient in energy. Meanwhile the ethane and propane can be transformed into primary feedstocks for the petrochemical industry, subverting the traditionally energy-intensive nature and high carbon emissions of that sector. Professor Chen Chuh-yung of NCKU’s Department of Chemical Engineering notes that some 15 international certifications have been granted for various core technologies such as CO2 capture and purification, regeneration of CO2 absorber, and hydrogenation catalysts, showing that Taiwan’s carbon-negative technology is on par with the rest of the international community. In the future, such technologies will be extended to all of Taiwan’s biggest carbon emitters, including CPC Corporation, Taiwan Steel Group, TaiPower, and Formosa Plastics Group.
Another of the TSAA gold winners, this time in the “Affordable Energy” category, was Taiwan Sugar Corporation, a state-owned enterprise, for constructing solar power installations on idle land and on stormwater retention ponds. Once completed, this project is expected to boost Taisugar’s green power generation capacity by some 700 million kWh per year, a significant contribution to reaching carbon neutrality.
Another SDG focuses on innovative industrial infrastructure, and one of the gold medalists in this category was Hon Hai Precision Industry, for its massive investment in electric vehicle R&D in recent years. In 2020, Hon Hai established the Mobility in Harmony (MIH) Open Electric Vehicle Alliance to promote cross-sector cooperation so as to shorten development cycles and accelerate innovation. So far, more than 2,200 vendors from at home and abroad have joined the alliance. After less than two years, the Hon Hai–Yulon Motor joint venture Foxtron has already launched pre-orders for its newly developed Model C electric SUV.
Taiwan has an excellent foundation in the ICT and semiconductor industries thanks to companies like TSMC, ASE, AU Optronics, and Tong Hsing Electronic, many of which are world leaders in their respective fields. Bringing these companies together to harness this expertise will drive the electric vehicle revolution in Taiwan.
On Earth Day (April 22) last year, President Tsai Ing-wen announced Taiwan’s goal of net zero carbon emissions by 2050. In March 2022 the Executive Yuan announced “Taiwan’s Pathway to Net-Zero Emissions in 2050,” a road map for achieving this, focusing on the two main governance foundations of technology R&D and climate legislation, and proposing transition strategies for energy, industry, lifestyles, and society. The government has budgeted for investments of some NT$900 billion by 2030 to drive this net zero transformation. Moreover, the Taiwan Institute for Sustainable Energy is continuing its advocacy work, encouraging universities and businesses to implement the UN’s 2030 SDGs. Already, Taiwan is making progress toward true sustainable development.
More and more Taiwanese enterprises are adopting sustainable thinking. For example, AU Optronics is introducing recycled materials and establishing platforms for carbon management and energy storage.
Taiwan’s Mobility in Harmony electric vehicle alliance brings together members from various fields to accelerate innovation.
Sustainable development requires the joint efforts of government, business, academia, and society if it is to truly succeed. (courtesy of APFES)