Taiwan's renewable energy strategy and energy-intensive industrial policy

Since Taiwan is a densely populated island with almost no fossil energy resources, the development of renewable energy is an important issue. In the past, industries with low energy productivity were encouraged for economic development, but this structure of low energy productivity industries should now be adjusted to promote renewable energy and energy efficiency. By analyzing the gross domestic product together with the energy consumption and CO2 emissions for major industries in Taiwan, this paper considers what kinds of industries should be encouraged or discouraged for Taiwan's future development. In addition, the recommendations for Taiwan's renewable energy and energy-intensive industrial policy are presented.