The final draft of proposed regulations to implement a carbon tax in Thailand has been approved by the Cabinet and is moving toward enactment.This Alert highlights key provisions in the regulations. On 21 January 2025, the Thai Cabinet approved a draft Ministerial Regulation proposed by the Ministry of Finance (MoF) that serves to implement a carbon tax as part of its efforts to reduce greenhouse-gas emissions and promote environmental sustainability.Under the approved draft Ministerial Regulation, the carbon tax will be embedded within the current excise tax structure on oil and petroleum products without affecting consumers, as the existing excise tax rates...