Announcement from the Ministry of Environment: Preview of the draft "Carbon Fee Charging Measures"

The Ministry of Environment announced the "Carbon Fee Charging Measures" on April 29, and everyone can "state their opinions" within 60 days. The draft has negotiated a "carbon fee charging method", which clearly stipulates that the objects of collection are the objects stipulated in the first paragraph of Article 21 of the parent law (Climate Change Response Act): "The objects of carbon fee collection are those who have the right to charge for carbon fees in accordance with Article 21 of this law." An announcement shall be made to inventory, register and verify the emission sources of greenhouse gas emissions, and the total annual greenhouse gas emissions of the entire factory (site) and indirect emissions from the use of electricity shall exceed 25,000 metric tons of carbon dioxide equivalent. Electric power industry and manufacturing industry (hereinafter referred to as the industry).”

Gallium Xing does not belong to the above-mentioned definition of business, so there is currently no pressure to levy carbon fees. However, how the company reduces emissions through its own actions in the future will still be an important issue for external partners to review. Gallium Xingyi will use "savings" "Electrical equipment", "Measures to save electricity", "Carbon Inventory", and even mandatory energy conservation through set goals to meet customer expectations and rising electricity bills.