💨 Abstract

Thailand's cabinet has agreed to implement a carbon tax of 200 baht per ton of carbon emissions as part of efforts to reduce greenhouse gas emissions. The tax will be included in the existing oil tax and not impact retail oil prices, according to a deputy finance minister. This move aims to encourage environmentally friendly behavior and aid in international trade negotiations prioritizing environmental impacts.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖