Taipei, April 25 (CNA) President Ma Ying-jeou repeated his call for energy saving Wednesday and revealed that the Presidential Office might replace all lamps in the building with LEDs.
Ma said that over 30 percent of the lamps in the office are already LEDs, and that the remainder might be replaced with LED devices to reduce energy consumption.
On average, a LED device uses 80 percent less electricity than an incandescent light bulb.
Ma addressed the issue of the importance of saving energy during a ruling Kuomintang Central Standing Committee meeting in which Economic Planning and Development Deputy Minister Hu Chung-ying reported on the government's progress in maintaining stable commodity prices after deciding to raise fuel and electricity prices to reflect increasing costs.
"We encourage everyone to save energy," Ma said. Because 99.4 percent of Taiwan's energy is imported, the government hopes people can use energy more thriftily and at the same time reduce their emissions of carbon dioxide, said Ma, who doubles as chairman of the ruling party.
As for worry among the public over rising prices of daily necessities, Ma said most economic institutes have predicted that even with the fuel and electricity price hikes, Taiwan's consumer price index will not rise above 2 percent this year, implying that the price fluctuations will not be too much to bear.
Domestic fuel prices were increased by between 7 and 11 percent April 2 after the state-run oil refiner, CPC Corp., Taiwan, lifted its fuel price-absorbing mechanism to allow its prices to reflect actual production costs. Meanwhile, the state-run Taiwan Power Co. is expected to raise electricity prices in May.
The two companies are under the supervision of the Ministry of Economic Affairs, which decides their pricing policies.
(By Lee Shu-hua and Elizabeth Hsu)