The project has accomplished all the requirements by the EPA in following aspects: regulation, management system, international GHG development and international involvement. First, the intensive research of international greenhouse gas regulation and its implementation is performed in order to better design and promote the domestic greenhouse gas regulation and its supplementary measures. The works also cover international energy tax and carbon tax development and policy from Tax Reform Committee. As for management system, three phases of domestic emission reduction scheme is established. The draft of National Greenhouse Gas Reduction Plan and the framework of greenhouse gas reduction plan for the sector and local government are included in this project. Additionally, the planning of greenhouse gas permitting system and related sub-laws are also conducted. In terms of international GHG development, the research of the impacts of international financial crisis on greenhouse reduction, the UNEP-proposed “Green New Deal” and the climate-associated development in China are performed in the project. For the reduction credits management scheme, integrating VCS with domestic registry is assessed. The mechanism of transferring CER from Annex-I country to domestic scheme and the feasibility of establishing an oversea organization to operate such function are evaluated. Moreover, the policy memo on how to participate in the international environmental convention under United Nation is drafted. As for international involvement, three members are designated to participate in the COP 15 to collect latest information on development of global GHG management, and experts from international Think Tank were invited to Taiwan for information exchange and experiences sharing.

Greenhouse Gas Reduction Act;adaptation;National Greenhouse Gas Reduction Plan;emission trading, reduction credit;emission trading, reduction credit