Carbon credits from forests serve as new source of ‘green’ income

Carbon credits, representing the reduction of one tonne of carbon dioxide (CO2), have emerged as a crucial weapon in the ongoing battle against climate change.These credits can be traded on the market, offering a means to offset emissions from various sources.According to an article in ...

The Nation Reporter

Excise Department to impose a carbon tax on 3 sectors

Carbon tax imposed by the Excise Department should help Thailand achieve its goals of carbon neutrality by 2050 and net zero greenhouse gas emissions by 2063.The Excise Department plans to impose a carbon tax on the energy, transport and industrial sectors to help Thailand achieve ...

The Nation Reporter

Carbon credit trading in 2021 doubles from previous year

The trend of reducing greenhouse gas emission that is growing among industrial nations worldwide has doubled the value of carbon credit trading in 2021 from the previous year to nearly $750 million, said Kiatchai Maitreewong, director of Thailand Greenhouse Gas Management Organization (TGO).He said during ...

The Nation Reporter

Thailand BOI Approves Measures to Support Carbon Reduction

The Thailand Board of Investment (BOI) at a meeting today approved incentives to encourage companies to reduce greenhouse gas emission as well as an enhanced scheme for electric vehicles and measures to mitigate Covid-19 impacts and support local vaccine development, Ms Duangjai Asawachintachit, Secretary General ...

Half the World’s Coral Reefs Already Have Been Killed by Climate Change

The oceans have long been the biggest buffer for humankind’s dangerous greenhouse-gas emissions. Around a quarter of all the carbon dioxide released into the atmosphere since the 1980s—from driving cars, running factories and churning out electricity with fossil fuels—has ended up sunk into the waters. ...

How does the climate change effect the ecosystem?

Countries throughout the world are currently experiencing a need to protect their populations and productive capacities in the face of new climate challenges. Thailand has also begun implementing potential strategies to reduce greenhouse gas, the most significant driver of climate change.Keep watchinh ...

2030 climate target far too 'unambitious'

The meeting on climate change currently taking place in the city of Katowice, Poland, has occurred so quietly that few pre-conference reports can be found in the media. Negotiators will attempt to set up rules and plans on the implementation of the 2015 Paris climate ...

Wasant Techawongtham

Under a changing sky

Climate change has caused much concern this century, but Thailand is joining the fight against rising temperatures by promising to take action on cutting down greenhouse gas emissions.Keep reading ...

Pradit Phulsarikil

Climate push comes to Bangkok

Though Thailand has made impressive progress on reducing greenhouse gas (GHG) emissions, it still faces many challenges and the large implementation gap on the global scale remains to be solved.  These facts have surfaced as Bangkok prepares to host the United Nations Framework Convention on ...

Pratch Rujivanarom

Is Thailand Making Progress Towards Reaching its Climate Change Mitigation Goals?

As preparations are underway for an important formal discussion between countries committed to the Paris Agreement; Thailand, Southeast Asia’s second-largest economy, has been determining its progress towards reducing greenhouse gas (GHG) emissions by 20 to 25 percent by 2030. But experts have warned against merely ...

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