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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

In a blunt departure from tradition, the military yesterday displayed a model Hsiung Feng (“Brave Wind”) III (HF-3) anti-ship missile with, as a backdrop, a large picture of a burning aircraft carrier that bore a striking resemblance to China’s retrofitted Varyag, which embarked on its maiden voyage earlier in the day.

The booth, set at a prominent location at the Taipei Aerospace and Defense Technology Exhibition (TADTE), which opens today, was the center of attention of reporters who were given a chance to take a look around during a pre-show visit.