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

Thailand relies heavily on fossil fuels for its energy needs, but is showing promising signs of decreasing energy and CO2 emission intensity. With an ambitious GHG emission reduction target in its commitments under the Paris Agreement, Thailand has started shifting the focus of its energy policy to energy efficiency and the clean energy transition. Putting a price on carbon would greatly accelerate its progress towards the target, and in a cost-effective way.