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Solar power to be cheaper than coal or nuclear power in 5 years

Solar power to be cheaper than coal or nuclear power in 5 years

A Taiwanese-born Nobel laureate threw his weight behind renewable energy Wednesday and predicted that solar power will be cheaper than coal or nuclear power within five years.

Nuclear power should have been weeded out a long time ago, but people have yet to figure out a way to store solar power -- something that could change in 20 or 30 years when technology allows solar energy to be stored and sold on the international market, Lee Yuan-tseh predicted.

Taiwan needs to cooperate with international society because it is impossible for a small and highly populated country like Taiwan to be self-sufficient in energy, Lee said at a press conference held by National Taiwan University's Risk Society and Policy Research Center to release a survey on Taiwanese people's attitudes toward climate change.

Lee, a former president of the International Council for Science, noted that Taiwan produces a lot of solar power panels and LED products each year for export, but seldom uses them domestically.

Taiwan's carbon dioxide emissions are still too high at 11 tons per capita, and the government has no concrete plans to tackle this problem, Lee said.

If Taiwan hopes to reduce its CO2 emissions, its non-government organizations will have to take the lead in pushing the government to make changes, he added.

The survey released Wednesday shows that 85.1 percent of the respondents said they would be willing to pay higher electricity prices to support renewable energy development, while 68 percent said they support energy and environmental taxes.

Furthermore, 67.9 percent of the respondents saw climate change as a severe problem facing the world, but only 39.1 percent felt that the government has proposed clear climate change policies, according to the survey. (By Hsu Chih-wei and Christie Chen)

Updated : 2021-09-24 21:35 GMT+08:00