Ekniti Nitithanprapas, head of Thailand’s Excise Department (Excise Department) emphasized
The reason for this move is Thailand’s response to the European CBAM (Carbon Border Adjustment Mechanism)
And the imposition of a carbon tax is not expected to increase the burden of petroleum taxes
The carbon tax rate is 200 baht per ton (approximately RMB 39
Helping to connect Europe will launch Carbon Border Adjustment Mechanism (CBAM) regulations for five commodities in 2026
Vehicles with carbon emissions exceeding 200 grams per kilometer
The government encourages manufacturers to set up electric vehicle production plants in Thailand
Thailand’s consumption tax department is also studying car batteries
The consumption tax department is preparing mandatory mechanisms for businesses through the consumption tax law
The second draft of Thailand’s climate change bill also plans to establish an emissions trading system (ETS) and a voluntary carbon market