Thailand 2020 Clear all

        • Article

        • 11 Aug 2020

        Putting a price on carbon – an efficient way for Thailand to meet its bold emission target

        …carbon taxes.Robust carbon pricing can lead a clean energy transition and green economic development while maintaining energy security, supporting innovation, increasing efficiency and driving retirement of emission-intensive assets. California’s emission trading system is a prime example. Its GHG emissions from electricity generation decreased by 30% between the start of the cap-and-trade programme in 2013 and 2017 due to retirement of coal plant and growth of renewables and natural gas generation. In addition, revenue from the cap-and-trade programme financed the California Climate Investments. These funded renewable fuel research, clean vehicle incentives, energy efficiency installations…