Opinion / #carbon tax
Thailand’s Climate Change Act is timely and responsive to public concern, but the current version is a frail gesture addressing a complex problem.
Should regulators consider the impacts of climate change on people living outside their national borders, and on future generations, when putting a price on carbon?
By postponing the start of enforcement until 2028 and redirecting revenues towards international capacity building, CBAM can be made a more equitable catalyst for the climate transition.
While many fear that Donald Trump’s re-election to office in the United States will undermine efforts to combat climate change, there have been two major steps toward widespread carbon pricing where it is needed most since March.
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