1 min read.Updated: 02 Mar 2021, 03:07 PM ISTBloomberg
The rocky shoal, which stretches along Taiwan’s northern coastline and is home to an endangered coral species, is at risk from a $2 billion liquefied natural gas import project, local activists say
At more than 7,000 years-old, the Datan algal reef was probably alive and humming before humans domesticated the horse.
But the rocky shoal, which stretches along Taiwan’s northern coastline and is home to an endangered coral species, is at risk from a $2 billion liquefied natural gas import project, local activists say.
The venture is pitting environmental campaigners against the Tsai Ing-wen-led government, which has voiced support for the plant as it pivots toward cleaner burning fuels and renewables. Activists have said they are on pace to collect enough signatures to trigger a referendum, the Central News Agency reported Monday, which could occur as early as August.
Opposition to the import terminal presents another hurdle for Taiwan’s massive energy transition strategy, which targets phasing out nuclear power by 2025 and increasing the share of natural gas to 50% of the power mix. Gas was at almost 36% of the mix in 2020, and importing more LNG is the only option for the government to meet its target.
“The government respects that referendum demonstrates public opinion," Taiwan Premier Su Tseng-chang said to reporters Tuesday. “On the other hand, we also need to ensure stability in electricity supply, which benefits the public and industries."
Underwater photography shows there was no algae reef ecology in the construction area of Guantang industrial port, according to a statement on owner CPC Corp.’s website. The government has trimmed the size of the project 90% to 23 hectares to meet environmental protection guidelines, Taiwan’s Minister of Economic Affairs Wang Mei-hua said in a Facebook post last month.
Natural gas and LNG, once touted as bridge fuels to smooth the transition away from coal, have come under increased opposition from green groups seeking to combat climate change and ecological harm. Ireland recently scrapped two proposed LNG import terminals, while France’s Engie SA in November halted plans to buy LNG from a U.S. developer on pollution concerns.
The Taiwan venture, which would be CPC’s third LNG terminal, is scheduled for completion in 2025 and will cost NT$60.1 billion ($2.2 billion), according to the company’s website. The project passed an evaluation by the Environmental Protection Administration in 2018.