Thai cabinet approves collection of carbon tax


BANGKOK: Thailand's cabinet on Tuesday (Jan 21) agreed to levy a carbon tax of 200 baht (US$5.88) per tonne of carbon emissions, a deputy finance minister said, as part of the country's efforts to reduce greenhouse gas emissions.

The tax, however, will be included in the existing oil tax and will not affect the retail price of oil and oil products, Paopoom Rojanasakul said in a statement.

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