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Bangkok Post
Bangkok Post
Business

Excise Department says carbon tax in the pipeline

It is inevitable Thailand will introduce a carbon tax to match the global trend, says Excise Department director-general Ekniti Nitithanprapas.

EU members are among the first countries to impose the tax, slated for next year, beginning with products or processes with high carbon dioxide emissions, such as cement, iron, aluminium, fertiliser and the electricity production process, said Mr Ekniti.

Even if Thailand does not levy this tax on local products, its exports to markets that charge this tax will be charged, he said.

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