Thailand Thailand announces carbon pricing of 200 THB/CO2 ton

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:

Author / Responsibility

UMEYAMA Kenichi

Managing Director, Green & Blue Planet Solutions Co., Ltd.

Business Performance

Managing and leadding a variey of environmental projects in Thailand and SE Asia

Background

MSc in Envionmental Engineering and Management, Asian Institute of Technology (Thailand),
MSc in Environmental Science, UNESCO-IHE Institute for Water Education (the Netherlands)

UMEYAMA Kenichi