Taiwan government-linked funds face scrutiny over US$1.9 billion in fossil fuel holdings

Published on July 7, 2026

Environmental groups say investments by labour funds and Chunghwa Post undermine the island’s climate ambitions and could leave retirement and savings assets exposed to stranded-asset risks.

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When the United States and Israel launched their war on Iran in February, the ensuing blockade of oil and gas shipments through the Strait of Hormuz sent prices of all fossil fuels soaring, but especially jet fuel, which accounts for less than 10% of the global market. Prices for this specialized form of diesel more than doubled almost immediately after the first attacks, to more than $200 (all fi

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