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Tuesday, December 7, 2021

Chipmaker TSMC aims to achieve net zero emissions by 2050

Taipei-Taiwan Semiconductor Manufacturing Co., Ltd. (TSMC), the world’s largest foundry chip maker, said on Thursday that its goal is to achieve net zero emissions by 2050, in line with the plan announced by President Tsai Ing-wen in April.

“TSMC is well aware of the serious impact of climate change on the environment and humans. As the world’s leading semiconductor company, TSMC must shoulder its corporate responsibility to meet the challenges of climate change,” Chairman Liu Guoqiang said in a statement.

It added that the company lists Apple and Qualcomm as its main customers and will “make relevant mitigation measures” and actively adopt renewable energy.

TSMC stated that it has set a short-term goal of achieving zero emissions growth by 2025.

“TSMC will continue to actively evaluate and invest in various opportunities to reduce carbon emissions.”

Tsai said in April that after environmental groups criticized the government for not doing enough to address climate change, the government has begun to assess how the island can achieve zero greenhouse gas emissions by 2050.

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Taiwan’s previous goal set in 2015 was to halve emissions between 2005 and 2050.

According to data from the Ministry of Economic Affairs, coal provided 45% of Taiwan’s electricity last year, followed by liquefied natural gas (LNG) at nearly 36%.

According to the government’s plan, by 2025, coal’s contribution to Taiwan’s power structure will fall below 30%, the proportion of liquefied natural gas will rise from last year’s 5.4% to about 50%, and the proportion of renewable energy will rise to 20%.

Last year, Greenpeace called on Taiwan, a powerhouse of science and technology, to be more active in tackling climate change and face the risks of subtropical islands brought about by extreme weather and rising sea levels.

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This News Originally From – The Epoch Times

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