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Academics urge energy liberalization


National Taiwan University professor Kao Cheng-yan, right, speaks at a forum on the deregulation of the energy industry yesterday.

The liberalization of the energy industry is a likely solution to the nation’s current disputes over nuclear energy, the root cause of which lies in the sector’s monopolization by state-owned Taiwan Power Co (Taipower), academics said yesterday.

The administration of President Ma Ying-jeou (馬英九) is insisting on raising electricity prices and ensuring the commercial operation of the Fourth Nuclear Power Plant in New Taipei City’s (新北市) Gongliao District (貢寮) “to make up for Taipower’s losses,” National Taipei University economics professor Wang To-far (王塗發) told a seminar.

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US representative hopes to meet Chen Shui-bian

US Congressional Subcommittee on Asia chairman Steve Chabot is hoping to meet with former president Chen Shui-bian (陳水扁) late next week.

It will be the strongest show of US political support for Chen to date.

Chabot, a major backer of Taiwan in the US Congress, is scheduled to leave for Asia this weekend, visiting South Korea, Japan and Taiwan.

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Newsflash

Independent presidential candidate Ellen Huang (黃越綏) said yesterday that the indictment of former president Lee Teng-hui (李登輝) over embezzlement of public funds was aimed at attacking Democratic Progressive Party presidential candidate Tsai Ing-wen (蔡英文).

“The most pathetic thing about Lee’s indictment was political intervention through the judiciary, making it a political tool to blow away [the ruling party’s] political rivals,” Huang said during a -gathering with netizens in Taipei yesterday evening.

Huang said that Chinese Nationalist Party (KMT) Legislator Chiu Yi (邱毅) recently said the charge against Lee would point to Tsai’s involvement in an “816 project” under the secret diplomacy funds from which Lee allegedly embezzled. The 816 project was part of the Mingteh Project (明德專案) focusing on secret diplomacy with the US and Japan. Chiu alleged that Tsai received NT$2.62 million (US$91,147) from the 816 project and passed the money to Yang Chih-heng (楊志恆), who Chiu said was involved in the money-laundering charge against Lee.