Fubon Group has been deeply involved in Taiwan for more than 60 years and has become a comprehensive financial holding company with diversified development. Its territory spans finance, telecommunications, e-commerce and construction. Fubon Group Chairman Cai Mingzhong attended the "National Taiwan University Risk Center" on the 1st. Youth Training Salon" and delivered a speech titled "From Financial Holdings, Taiwan Columbia University, and Momo, see how Fubon can create a sustainable future with Taiwan."
The Taiwan Carbon Rights Exchange was officially launched in August this year. Regarding the development of Taiwan's carbon market, Tsai Ming-chung described "people die for money, and birds die for food." If you make money, it will definitely become an industry, regardless of carbon fees or carbon rights exchanges. , will definitely flourish in the future, which is part of the green economy.
Extended reading: Taiwan Carbon Rights Exchange goes live on 8/7. What advantages can blockchain play in the "carbon economy era"?
Optimistic about the advent of the cryptocurrency era
It is worth noting that Cai Mingzhong said that the green economy does not only involve traditional investment and financing. In the future, there will definitely be financial products derived from carbon rights, and it is even very likely that they will be based on blockchain instead of using traditional currency transactions:
I firmly believe that the era of Crypto (cryptocurrency) will come one day.
Since the beginning of this year, Taiwan has made concrete progress in cryptocurrency regulation. The Financial Supervisory Commission has been designated by the Executive Yuan as the competent authority for "virtual asset platforms with financial investment or payment properties" and in September issued the " Virtual Asset Platform and Trading Business" Business (VASP) Guiding Principles " requires Taiwan's cryptocurrency industry to formulate self-regulatory regulations through industry associations.
Taiwan's first virtual asset law, jointly proposed by legislators including Jiang Yongchang, Guo Guowen, and Chung Jiabin, was passed by the Legislative Yuan on first reading last month. The law has three major purposes, including "hoping to strengthen the supervision of virtual asset businesses." , "reduce the compliance costs of virtual asset operators" and "build a virtual asset market order", as well as improve the protection of the rights and interests of virtual asset customers.
Cai Mingzhong revealed that Taiwan Mobile General Manager Lin Zhichen once brought an investment blockchain expert to brief the team. After the expert finished speaking, everyone was confused. The expert said that he was talking about things that exist on Mars. Everyone On Earth, we don’t know what will happen to Mars, but the younger generation is already immigrating to Mars.
Cai Mingzhong said that he personally believes in the existence of Mars and believes that life can also be lived on Mars.
AI development brings huge energy consumption
As for the wave of AI (artificial intelligence), Cai Mingzhong believes that AI is very important and can save energy, but in the process of developing AI, it will cause very large energy consumption. According to international data, training ChatGPT once is equivalent to 126 Danish families. Amount of energy used in a year.
When talking about Taiwan's 2050 net-zero transformation goal, Tsai Ming-chung said that Taiwan should consider whether to establish a priority for industrial procurement of green power given its limited green power resources. Otherwise, TSMC will take full responsibility for wind energy as soon as it takes action:
When many companies in Taiwan talk about sustainability and green electricity, they may have to have determination and plans to save themselves. If they expect government policy cooperation, it may be difficult.
