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Article
11 Aug 2020
Putting a price on carbon – an efficient way for Thailand to meet its bold emission target
…on carbon would greatly accelerate its progress towards the target, and in a cost-effective way.While Thailand has some experience of creating voluntary carbon markets, and is currently considering a national emission trading system, it faces a number of hurdles. These “readiness gaps” particularly relate to the nature of the country’s power system and policy environment, and stakeholders lacking the right tools to participate in a trading system. The IEA and TGO are working together to support the government in overcoming these hurdles, which are explored below. Carbon pricing: A means to accelerate the clean energy transition Carbon…