00:00Taiwan plans to collect fees from major carbon emitters starting in May,
00:04but economists and environmentalists say the system has gaps that need fixing.
00:24Xiao and other economists say the plan only targets about 250 companies
00:28and around 500 factories, but not power plants, which are a major source of emissions.
00:34They say the plan also lacks a way to return its estimated $140 million in earnings to the public.
00:40Environmental groups say it does not go far enough
00:43and want carbon fees raised from about $10 per ton to around $40.
00:48The government says raising the carbon fee may not cut enough emissions,
00:51and they are weighing other options.
01:08An ETS system sets a total emissions limit and lets companies trade permits,
01:12giving financial incentives to cut pollution.
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