Taiwan’s domestic carbon credit exchange platform, Taiwan Carbon Solution Exchange (TCX), is set to launch on October 2. According to public data on the platform, six listings have already been registered with pricing details, totaling 6,080 metric tons and trading at NT$2,500 to NT$4,000 (US$79 to US$126) per metric ton.
The Environment Ministry mandates that carbon credit sellers must make relevant data available for public viewing on the platform 14 days prior to trading. Companies such as China Steel Corporation, Taipei 101, CHIMEI Corporation, and Hanbo Livestock and Farming Products Corporation have all registered listings on TCX.
A detailed look at the data shows that the largest listing is CHIMEI Corporation’s natural gas replacement project, offering 5,000 metric tons at NT$2,500 (US$79) per ton.
Hanbo Livestock and Farming Products Corporation’s renewable energy project listing offers 500 metric tons at NT$3,000 (US$94) per ton, while their other listing for biogas power generation offers 250 metric tons at NT$4,000 (US$126) per ton.
Other listings include Taipei 101’s energy-efficient parking lot lighting project, offering 30 metric tons at NT$3,500 (US$110) per ton, and China Steel Corporation’s energy-saving furnace project offering 200 metric tons at NT$4,000 (US$126) per ton.
The TCX corporate orientation event will be held in Kaohsiung on October 2, where project developers will discuss how carbon credit trading can promote substantial carbon reduction efforts.