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
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The nation has pledged to cut its greenhouse gas emissions 47% by 2035 from 2019 levels and said last month that investmentof more than $7 ...