RSPRC Publication

The Road to Taiwan's Green economy of Low Carbon

Chia-Wei Chao, Graduate Institute of Environmental Engineering, NTU and Green Citizen Action Alliance 

Taiwan should promptly promotes environmental tax and the removal of the eco-unfriendly subsidies by the introduction of, such as, energy tax and carbon tax; it is to realize the full internalization of environmental costs, and at the same time reduce the burden of income tax. This economic development policy can achieve the progressive target of ‘a higher growing rate in resource productivity than in GDP growth and the GDP growth rate are higher than the labor productivity rate’. It is to initiate the discussion of Prosperity without Growth and debunk the myth of GDP growth, achieving a vision of green economy.

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