Taiwan’s economic growth will be affected if construction of the country’s controversial fourth nuclear power plant in New Taipei City’s (新北市) Gongliao District (貢寮) is terminated, a local think tank said yesterday.
Taiwan Research Institute president Wu Tsai-yi (吳再益) said Taiwan’s real GDP in 2018 will decrease by 0.43 percent, or about NT$78 billion (US$2.6 billion), and 11,000 jobs would be lost, if the project is aborted.
The estimates were based on a projection that the government would replace nuclear power with other types of energy, which would result in a 14.14 percent increase in the cost of electricity to NT$0.36 per unit, Wu said. In turn, that would cause a 0.3 percent hike in overall production costs in the manufacturing sector, he said at a local seminar to discuss the impact of aborting the new plant’s construction.
In addition, the researcher said scrapping the plant would reduce the nation’s power reserve margin from 17.9 percent of total capacity this year to only 5.3 percent in 2018, raising the risk of power shortages in northern Taiwan. That would seriously affect the daily lives of people in northern Taiwan because the area’s mass transportation systems, including the Taipei Mass Rapid Transit (MRT) system, are largely powered by electricity, Wu said.
The fourth nuclear power plant has been plagued by delays since construction began in 1999. Earlier this year, the Cabinet proposed putting the plant’s fate to a referendum amid nuclear safety concerns that have grown since the Fukushima Dai-ichi nuclear power plant disaster in Japan in March 2011.
The Legislative Yuan decided during a consultation among party caucuses earlier this week to hold a provisional session to discuss 19 bills between the following day and Aug. 9, including one on holding a referendum on the fate of the controversial fourth nuclear power plant.
If passed, the referendum is likely to be held by the end of this year to determine the future of the nuclear power plant.
Several environmental groups have urged the public to tell the Legislative Yuan not to approve the proposed referendum on the fate of the Fourth Nuclear Power Plant.
If the KMT’s referendum proposal is approved by the legislature, voters would be asked: “Do you agree that the construction of the Fourth Nuclear Power Plant should be halted and that it not become operational?”
The KMT’s question was politically calculated and tramples over the principles of direct democracy and responsible politics, because if it fails, the government would have grounds to continue the construction of the plant, Green Citizens’ Action Alliance secretary-general Tsuei Su-hsin (崔愫欣) said.
According to Chinese Nationalist Party (KMT) caucus whip Lin Hung-chih (林鴻池), the party was determined that the proposal pass and any KMT member who voted against it would be liable to be disciplined by party headquarters.
Democratic Progressive Party caucus convener Ker Chien-ming (柯建銘) said that the party would do whatever it could to block the KMT if it made a unilateral move, which would “make things turn ugly on Friday.”
Considering that most countries issue more than five denominations of banknotes, the central bank has decided to redesign all five denominations, the bank said as it prepares for the first major overhaul of the banknotes in more than 24 years. Central bank Governor Yang Chin-lung (楊金龍) is expected to report to the Legislative Yuan today on the bank’s operations and the redesign’s progress. The bank in a report sent to the legislature ahead of today’s meeting said it had commissioned a survey on the public’s preferences. Survey results showed that NT$100 and NT$1,000 banknotes are the most commonly used, while NT$200 and NT$2,000
The Centers for Disease Control (CDC) yesterday reported the first case of a new COVID-19 subvariant — BA.3.2 — in a 10-year-old Singaporean girl who had a fever upon arrival in Taiwan and tested positive for the disease. The girl left Taiwan on March 20 and the case did not have a direct impact on the local community, it said. The WHO added the BA.3.2 strain to its list of Variants Under Monitoring in December last year, but this was the first imported case of the COVID-19 variant in Taiwan, CDC Deputy Director-General Lin Ming-cheng (林明誠) said. The girl arrived in Taiwan on
South Korea is planning to revise its controversial electronic arrival card, a step Taiwanese officials said prompted them to hold off on planned retaliatory measures, a South Korean media report said yesterday. A Yonhap News Agency report said that the South Korean Ministry of Foreign Affairs is planning to remove the “previous departure place” and “next destination” fields from its e-arrival card system. The plan, reached after interagency consultations, is under review and aims to simplify entry procedures and align the electronic form with the paper version, a South Korean ministry official said. The fields — which appeared only on the electronic form
The Ministry of Foreign Affairs (MOFA) is suspending retaliation measures against South Korea that were set to take effect tomorrow, after Seoul said it is updating its e-arrival system, MOFA said today. The measures were to be a new round of retaliation after Taiwan on March 1 changed South Korea's designation on government-issued alien resident certificates held by South Korean nationals to "South Korea” from the "Republic of Korea," the country’s official name. The move came after months of protests to Seoul over its listing of Taiwan as "China (Taiwan)" in dropdown menus on its new online immigration entry system. MOFA last week
RSS