The Economic Daily News held an international conference on climate change Aug. 24-25 to discuss important issues such as global warming and carbon reduction. When addressing these problems, the government should adopt a macroscopic viewpoint and work out policies with significant external effect, such as green taxes. Every year, the oil and gas excise tax and fuel surcharge generate nearly NT$100 billion in revenue for the government, but the revenue is not integrated for well-planned use, such as promoting a low-carbon economy and guiding the industrial sector to internalize the external cost of pollution. The government has made no progress in terms of its policy on global warming over the past three years. It must not continue to do nothing, especially when green taxes were a campaign promise of President Ma Ying-jeou. (Editorial abstract -- Aug. 26, 2010) 