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TDRI Urges Government to Implement Carbon Taxes in Response to Global Warming Challenges


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BANGKOK (NNT) - As the world is preparing for measures to counter global warming, the Thailand Development Research Institute (TDRI) advocates for the government to swiftly implement carbon taxes. The move is expected to foster new trade opportunities and encourage both public and private sectors to adapt to new market conditions.

 

At the TDRI annual seminar for 2023, the institute’s president, Somkiat Tangkijvanich, stated that Thailand faces trade and investment restrictions, particularly from the European Union’s upcoming Carbon Border Adjustment Mechanism (CBAM).

 

This policy is expected to affect the import of specific heavy industrial goods and may expand to other products in the future. The regulations will have a direct impact on Thailand’s economy, especially affecting the private sector in trade, investment, and exports.

 

The government is advised to promptly develop a clear strategy for reducing greenhouse gas emissions. TDRI suggests a dual-system carbon tax, comprising a tax on exported goods and an energy carbon tax. The initiative is expected to generate approximately 30 billion Baht in annual revenue for the government.

 

The funds should be allocated to a dedicated account aimed at reducing greenhouse gas emissions and adapting to changing climate conditions, supporting both production sectors and the public.

 

By Namo Vananupong

 

Full story: NNT 2023-11-01

 

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It's the polluting trucks with old engines, the vans, public bus,  two wheelers that contribute to pollute in Bangkok area and all over. The air in Bangkok had reached danger levels a few weeks ago - it was all over in the media. Many tourists cancelled the visit to Thailand due to the health risk with the alarming rate of PM particles in Bangkok area.

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2 hours ago, VincentRJ said:

"The funds should be allocated to a dedicated account aimed at reducing greenhouse gas emissions and adapting to changing climate conditions, supporting both production sectors and the public."

 

Adapting to changing climate conditions is very sensible, but spending resources on reducing emissions of CO2, which is a clear, odourless gas, essential for all life, is very foolish. That money should be spent on reducing the real pollutants such as sulfur dioxide, nitrogen oxides, particulate matter, carbon monoxide, mercury, and in particular the particulate matter from the burning of crop residue and forests that occur every year in Thailand.

 

No No...Too much money has already been spent training the sheeple to get onboard the carbon credits train...

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Carbon credits/ tax has to be the most blatant scam ever perpetuated on humanity by the 1%, in my opinion.

Unfortunately the sheeple have been brainwashed by the non education they get to think it's a great idea.

If they were serious about pollution they'd ban all leisure flights, all private planes, ban private cars in cities, ban those big superyachts, go nuclear power, and mandate solar on every roof.

That they do nothing about the simple solutions indicates to me that it's a sham.

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8 minutes ago, thaibeachlovers said:

Carbon credits/ tax has to be the most blatant scam ever perpetuated on humanity by the 1%, in my opinion.

Unfortunately the sheeple have been brainwashed by the non education they get to think it's a great idea.

If they were serious about pollution they'd ban all leisure flights, all private planes, ban private cars in cities, ban those big superyachts, go nuclear power, and mandate solar on every roof.

That they do nothing about the simple solutions indicates to me that it's a sham.

 

way too early for a reasonable sensible comment. bring on the name calling and denier claims in 3....2.....1

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