The Taiwanese government has enacted the Climate Change Response Act, which includes provisions for the regulation of carbon fees. CSC continues to pursue a preferential rate under the Fee-Charging Rates of Carbon Fees, with the aim of being charged based on a designated reduction rate. According to CSC's assessment, the estimated financial implication is expected to be less than 1% of its revenue.
To lower the financial implication, CSC has recently implemented a series of response strategies, including development of BOF bottom-blown CO2 steelmaking technology, test of coke oven gas (COG) injection in blast furnace, efficiency improvement of hot charging in hot rolling, development of operational maintenance technologies for pilot plant of coproduction of steel and chemicals, development of low energy consumption flue gas carbon capture technology, and development of combustion technology using hydrogen/ammonia blends. These response measures entail an estimated cost of approximately NTD 250 million.