A survey by Carbon Monitoring for Action (CARMA) showed that the Taichung and Mailiao coal-fired power plants ranked No. 1 and No. 5 worldwide in terms of carbon dioxide emissions by power plants respectively, casting a shadow on the government’s energy-saving and carbon-reduction policies.
CARMA said an international monitoring group that tracks carbon emissions at more than 50,000 power plants and 4,000 power companies worldwide said that with emissions of 39.7 million tonnes of carbon dioxide last year, Taiwan Power Co’s (Taipower, 台電) coal-fired power plant in Taichung ranked as the most polluting power plant on the entire planet.
In addition, Formosa Plastics Group’s (台塑集團) coal-fired power plant in Mailiao, Yunlin County, moved from No. 6 to No. 5, with 29.9 million tonnes of carbon dioxide emissions last year.
The CARMA Web site also gave 23 of Taiwan’s 230 power plants a “red alert” label because of their carbon dioxide emissions.
Over the past year, the Taichung plant has reduced emissions by about 1.3 million tonnes, while the Mailiao plant reduced emissions by 2.1 million tonnes.
Taipower spokeswoman Tu Yueh-yuan (杜悅元) said that as the plant was a massive facility responsible for servicing 20 percent of the nation’s electricity needs, it produces more emissions than smaller power plants.
She said Taipower was considering replacing the generator setups in its power plants to enhance efficiency, which would help reduce emissions.
The Center for Global Development, a Washington-based think tank, said on Tuesday that carbon dioxide emissions from the global power generation sector increased by more than 34 percent in the past eight years, which “does not bode well for international efforts to combat climate change” and shows that “emissions from power generation are racing in the wrong direction.”
In early July, Taipower received conditional approval for an expansion plan for a coal-fired power plant in Taipei County and intends to build a power plant in Changhua County.
CARMA said the 230 power plants in Taiwan generate 218 million megawatt-hours, emitting 137 million tonnes of carbon dioxide in the past year, accounting for almost half of Taiwan’s total annual 278 million tonnes of carbon dioxide emissions.
Sweeping policy changes under US Secretary of Health and Human Services Robert F. Kennedy Jr are having a chilling effect on vaccine makers as anti-vaccine rhetoric has turned into concrete changes in inoculation schedules and recommendations, investors and executives said. The administration of US President Donald Trump has in the past year upended vaccine recommendations, with the country last month ending its longstanding guidance that all children receive inoculations against flu, hepatitis A and other diseases. The unprecedented changes have led to diminished vaccine usage, hurt the investment case for some biotechs, and created a drag that would likely dent revenues and
Nvidia Corp’s GB300 platform is expected to account for 70 to 80 percent of global artificial intelligence (AI) server rack shipments this year, while adoption of its next-generation Vera Rubin 200 platform is to gradually gain momentum after the third quarter of the year, TrendForce Corp (集邦科技) said. Servers based on Nvidia’s GB300 chips entered mass production last quarter and they are expected to become the mainstay models for Taiwanese server manufacturers this year, Trendforce analyst Frank Kung (龔明德) said in an interview. This year is expected to be a breakout year for AI servers based on a variety of chips, as
Global semiconductor stocks advanced yesterday, as comments by Nvidia Corp chief executive officer Jensen Huang (黃仁勳) at Davos, Switzerland, helped reinforce investor enthusiasm for artificial intelligence (AI). Samsung Electronics Co gained as much as 5 percent to an all-time high, helping drive South Korea’s benchmark KOSPI above 5,000 for the first time. That came after the Philadelphia Semiconductor Index rose more than 3 percent to a fresh record on Wednesday, with a boost from Nvidia. The gains came amid broad risk-on trade after US President Donald Trump withdrew his threat of tariffs on some European nations over backing for Greenland. Huang further
HSBC Bank Taiwan Ltd (匯豐台灣商銀) and the Taiwan High Prosecutors Office recently signed a memorandum of understanding (MOU) to enhance cooperation on the suspicious transaction analysis mechanism. This landmark agreement makes HSBC the first foreign bank in Taiwan to establish such a partnership with the High Prosecutors Office, underscoring its commitment to active anti-fraud initiatives, financial inclusion, and the “Treating Customers Fairly” principle. Through this deep public-private collaboration, both parties aim to co-create a secure financial ecosystem via early warning detection and precise fraud prevention technologies. At the signing ceremony, HSBC Taiwan CEO and head of banking Adam Chen (陳志堅)