Thailand announces carbon pricing of 200 THB/CO2 ton 
The Excise Department of Thailand, Ministry of Finance published the “Announcement of the Excise Department regarding Criteria and Conditions for Determining Carbon Pricing for Petroleum and Petroleum Products” in the Government Gazette on 22 April 2025. The announcement prescribes carbon pricing of 200 baht per ton of carbon dioxide equivalent for petroleum products. The announcement came into effect from the day following the date of announcement.
Carbon pricing for petroleum products
The carbon pricing mechanism ratio per unit for petroleum and petroleum products are calculated from the carbon price of 200 baht per ton of carbon dioxide equivalent in accordance with the Emission Factor as follows:
