The Finance Ministry is set to propose a carbon tax for cabinet approval on December 11. Speaking at the Sustainability Forum 2025 seminar, Kulaya Tantitemit, director-general of the Excise Department, said the implementation of the carbon tax would not affect operators or consumers of oil and petroleum products because the overall tax burden on oil and petroleum products will remain the same. The department will simply adjust the proportion of the tax on oil and petroleum products and incorporate the carbon tax into the oil and petroleum tax structure, she said.
The department will simply adjust the proportion of the tax on oil and petroleum products and incorporate the carbon tax into the oil and petroleum tax structure, she said.
According to Ms Kulaya, the department's proposal calls for a carbon tax rate of 200 baht per tonne of carbon.
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**Photo credit: Bangkok Post