Thailand’s cabinet has approved a carbon tax on gasoline, diesel, and LPG, aiming to reduce pollution, including PM2.5 particulate matter, while initially avoiding direct impact on fuel prices, a government spokesperson said on Tuesday.
Deputy government spokesperson Karom Phonphonklang stated that the cabinet endorsed the carbon tax as a mandatory price mechanism to raise awareness and encourage responsibility for carbon emissions among businesses and the public, mitigating the impact of climate change. He added that businesses exporting goods to countries with carbon border adjustment mechanisms (CBAM) could use the tax for potential fee reductions.
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**Photo credit: Pattaya Mail