The Ministry of Economic Affairs will publish a comprehensive safety assessment report on the Fourth Nuclear Power Plant before August, when a referendum is tentatively set to take place to decide the fate of the controversial plant, the nation’s top economics official said yesterday.
Minister of Economic Affairs Chang Chia-juch (張家祝) said that if the power plant failed to meet safety standards, the ministry would never allow Taiwan Power Co (Taipower, 台電) to operate it and a referendum is not needed.
“Basically, we aim to ensure that the Fourth Nuclear Power Plant can operate safely, so the purpose for holding a referendum is meaningful,” Chang said at the legislature’s Economics Committee.
In response to rising public concern about the safety of the power plant in Gongliao District (貢寮), New Taipei City (新北市), Chang reiterated that the ministry has made operational safety its top priority and is conducting various tests to safeguard the nation’s security.
Chinese Nationalist Party (KMT) Legislator Lee Ching-hua (李慶華) said the ministry should follow public opinion and abandon construction of the power plant immediately to reduce government expenditure.
In response, Chang said the ministry, as the supervisor of Taipower, was only implementing a project that was approved by the Executive Yuan and the legislature, adding that the ministry has no option but do its job according to schedule.
“We will let the public decide whether to operate the plant,” Chang said.
In response to another question, Chang said he could not promise lawmakers that he would step down if the consumer price index rose above 2.5 percent this year, or if electricity rates are not frozen in October.
“I only have to fulfill my duty as minister of economic affairs. I don’t have to make irresponsible promises,” he said.
Chang also said Taiwan’s talks with Singapore and New Zealand on proposed economic partnership agreements were expected to be completed by the first half of this year.
However, he did not give an exact timetable for the conclusion of the agreements, saying that Taiwan could not make a unilateral announcement because the negotiations involve other parties.
‘SWASTICAR’: Tesla CEO Elon Musk’s close association with Donald Trump has prompted opponents to brand him a ‘Nazi’ and resulted in a dramatic drop in sales Demonstrators descended on Tesla Inc dealerships across the US, and in Europe and Canada on Saturday to protest company chief Elon Musk, who has amassed extraordinary power as a top adviser to US President Donald Trump. Waving signs with messages such as “Musk is stealing our money” and “Reclaim our country,” the protests largely took place peacefully following fiery episodes of vandalism on Tesla vehicles, dealerships and other facilities in recent weeks that US officials have denounced as terrorism. Hundreds rallied on Saturday outside the Tesla dealership in Manhattan. Some blasted Musk, the world’s richest man, while others demanded the shuttering of his
ADVERSARIES: The new list includes 11 entities in China and one in Taiwan, which is a local branch of Chinese cloud computing firm Inspur Group The US added dozens of entities to a trade blacklist on Tuesday, the US Department of Commerce said, in part to disrupt Beijing’s artificial intelligence (AI) and advanced computing capabilities. The action affects 80 entities from countries including China, the United Arab Emirates and Iran, with the commerce department citing their “activities contrary to US national security and foreign policy.” Those added to the “entity list” are restricted from obtaining US items and technologies without government authorization. “We will not allow adversaries to exploit American technology to bolster their own militaries and threaten American lives,” US Secretary of Commerce Howard Lutnick said. The entities
Minister of Finance Chuang Tsui-yun (莊翠雲) yesterday told lawmakers that she “would not speculate,” but a “response plan” has been prepared in case Taiwan is targeted by US President Donald Trump’s reciprocal tariffs, which are to be announced on Wednesday next week. The Trump administration, including US Secretary of the Treasury Scott Bessent, has said that much of the proposed reciprocal tariffs would focus on the 15 countries that have the highest trade surpluses with the US. Bessent has referred to those countries as the “dirty 15,” but has not named them. Last year, Taiwan’s US$73.9 billion trade surplus with the US
Prices of gasoline and diesel products at domestic gas stations are to fall NT$0.2 and NT$0.1 per liter respectively this week, even though international crude oil prices rose last week, CPC Corp, Taiwan (台灣中油) and Formosa Petrochemical Corp (台塑石化) said yesterday. International crude oil prices continued rising last week, as the US Energy Information Administration reported a larger-than-expected drop in US commercial crude oil inventories, CPC said in a statement. Based on the company’s floating oil price formula, the cost of crude oil rose 2.38 percent last week from a week earlier, it said. News that US President Donald Trump plans a “secondary