Trends in Taiwan’s Fossil Fuel Subsidies

National fossil fuel subsidies serve as an important indicator for assessing a country’s progress in phasing out fossil fuels. By artificially lowering energy prices, subsidies prolong fossil fuel dependence and weaken incentives for renewable energy deployment and energy-efficiency improvements. Without gradual reform, energy markets cannot fully reflect environmental externalities, resulting in a persistent lock-in of high-carbon infrastructure. Through a systematic review and restructuring of subsidies, governments can redirect resources toward low-carbon technologies, power sector transformation, and transport decarbonization.

• Data Year | 2014-2024
• Related Projects | Energy Transition