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Thailand Introduces Landmark Climate Legislation with Carbon Taxes

12/3/2025

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Story summary
  • Thailand's government unveiled its first formal climate change legislation, proposing new carbon taxes and a cap-and-trade emissions trading system.
  • The cap-and-trade mechanism aims to reduce emissions and has no start date.
  • The plan requires further approvals from Parliament to become law and may be revised, as Prime Minister Anutin Charnvirakul's cabinet agreed on Tuesday.
  • The cabinet's agreement signals ongoing revisions as the policy advances through the legislative process.