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Thailand Plans Emissions Trading, Carbon Taxes in Climate Law

Bloomberg.com · last updated

Thailand’s government set out plans for new carbon taxes and an emissions trading system under the country’s first formal climate change legislation.

A planned cap-and-trade mechanism to curb emissions doesn’t have a set start date and still needs additional approvals from parliament to become law and could be revised, according to proposals agreed by Prime Minister Anutin Charnvirakul’s cabinet Tuesday.

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