Thailand Poised to Implement Carbon Tax to Curb Emissions

[webfact]

File photo

 

Thailand is gearing up for the introduction of a carbon tax this month, marking a substantial step towards reducing greenhouse gas emissions and promoting sustainability across the nation.

 

This move comes on the heels of a cooperation agreement signed by Thailand's Deputy Finance Minister Paopoom Rojanasakul with PTT Plc and Bangchak Corporation Plc on Monday, aimed at bolstering awareness around carbon taxation and encouraging sustainable energy consumption. The framework for this tax, approved by the Thai cabinet two weeks ago, is currently under review by the Council of State.

 

The envisaged carbon tax will be integrated into the existing oil tax structure, a strategy designed to shield consumers from direct impacts. Notably, this measure has been recognised by international authorities, including the European Union, for its commitment to environmental preservation.

 

Under the new regulation, carbon tax will be calculated at a rate of 200 Baht per tonne of carbon dioxide equivalent, factored by the emission output specific to each oil type. Should oil producers achieve emission reductions below stipulated thresholds, their carbon tax liabilities will be correspondingly decreased.

Adding further dimensions to this initiative, Mr. Paopoom revealed that the Excise Department is collaborating with Chulalongkorn University's Faculty of Economics, PTT Oil and Retail Business Plc (OR), and Bangchak Corporation. Their collective efforts are set to encourage a transition to low-carbon energy consumption and enhance public understanding of the carbon tax's role in this transition.

 

As part of this initiative, OR is positioned to provide operational and resource support, ensuring that consumers receive real-time information about greenhouse gas reductions at PTT Stations during fuel refills. This aligns with OR's Sustainable Development Goals (SDG), particularly the "Green" aspect, aimed at encouraging a cleaner, low-carbon society.

 

For Bangchak's Green Miles programme members, their personal contributions to greenhouse gas reduction will be highlighted as the number of trees planted, illustrated via the "Your Tree" campaign. This data will be accessible through the Bangchak mobile app, linking consumer actions to environmental benefits when using eco-friendly fuels.

 

Starting from March 1st, the campaign will inform consumers about the carbon dioxide emissions tied to their fuel purchases, driving a shift in consumer behaviour towards reducing carbon footprints, Mr. Paopoom explained.

 

This forthcoming carbon tax reflects Thailand's broader commitment to combatting climate change and demonstrates an important step towards a more sustainable future by engaging both corporations and consumers alike, reported Bangkok Post.

 

-- 2025-02-04

 

 

[G Rex]

Blah blah blah!

this will no doubt counteract all of the crop burning..   Hurrah!

[redwood1]

Carbon tax....A scam so blatant even clueless sheeple know its a scam...And not far behind in the same family is the global warming/climate change scam....

 

 

 

[Emdog]

The major problem is crop stubble burning re hazardous pollution levels... not oil, unless oil is used in field burning...? "The envisaged carbon tax will be integrated into the existing oil tax structure..." I know this is a Buddhist country, but bit of modified message from JC may fit "Fire them, Lord, for they know not what they do"

 

[DonniePeverley]

Red public busses with black smoke continue to ride around Bangkok.

 

Utter nonsense. 

[edwinchester]

55 minutes ago, Emdog said:

The major problem is crop stubble burning re hazardous pollution levels... not oil, unless oil is used in field burning...? "The envisaged carbon tax will be integrated into the existing oil tax structure..." I know this is a Buddhist country, but bit of modified message from JC may fit "Fire them, Lord, for they know not what they do"

 

This is a carbon tax aimed at CO2 emissions. I'm sure a pollution tax is on the way sometime soon.

[Flying Saucage]

Today, the world talks about a carbon tax. Tomorrow, you will recognise that YOU are the carbon they want to reduce.

[hotchilli]

3 hours ago, Emdog said:

The major problem is crop stubble burning re hazardous pollution levels... not oil, unless oil is used in field burning...? "The envisaged carbon tax will be integrated into the existing oil tax structure..." I know this is a Buddhist country, but bit of modified message from JC may fit "Fire them, Lord, for they know not what they do"

 

Dirty farmer last night did some burning, this morning it was like a fog around here...

[KhunLA]

Just like living in 1st country soon, one more tax scam after another.  Minimal tax, but makes having Solar & BEVs even a better idea.  

[bkknirvana]

Climate change is a scam

[FlorC]

From gay mariage to more taxes to climate change and carbon tax. This government is more and more in lockstep with the NWO and WEF .

PM went to Davos , no ?

Next pandemic , forced injections ?

 

Give us back Prayut. 11 years of no trouble.

[Purdey]

Another term for Carbon Tax is Pay to Pollute.

I cannot see that it will stop anything.