Taiwan's GHG mitigation potentials and costs: An evaluation with the MARKAL model

As Taiwan heavily relies on imported energy from foreign sources and has very limited natural endowments of renewable energy, it is very difficult for Taiwan to reach this reduction goal alone through adopting emission reduction technology, or applying economic incentive mechanism. Allowing Taiwan to participate in the international flexible mechanisms will be a necessary measure for Taiwan to achieve its emission reduction goal; in addition, such participation will also benefit the international community's GHG reduction efforts tremendously.