Achieving net-zero emissions by 2050 is a
crucial issue for the global community, and countries worldwide have pledged to
support and join this initiative. They have set out ambitious carbon reduction
goals to combat global warming. Taiwan should actively participate in reducing
carbon emissions and should discuss possible paths and actions required to
achieve the 2050 net-zero emissions goal. Solar PV are a crucial technology
because replacing fossil fuel energy generation with Solar PV can reduce carbon
emissions. Promoting Solar PV can result in reduced carbon emissions, stimulate
the development of the Solar PV industry, and establish an industrial supply
chain to increase the economic growth and green competitiveness of Taiwan.
Therefore, investigating Solar PV and their expected growth can facilitate
formulating strategies for Taiwan to achieve net-zero emissions by 2050.
JEL classification numbers: I18, Q43, Q54, Q58.
Keywords: Solar PV, Net-zero emissions, Energy policy.