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Thailand will impose a carbon tax in 2025 of about 40 yuan per ton
Time: 2024-06-18 09:08

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


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