Thailand urged to implement carbon trade

Sept. 9, 2008 at 12:59 PM
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BANGKOK, Sept. 9 (UPI) -- The Thai government is being urged to implement a carbon-trading program.

By implementing such a program, Thailand could bring in profits that would be used to invest in renewable energy, the Bangkok Post reported.

The move should be made before more international dialogue on carbon cap-and-trade programs picks up, said Sirintornthep Towprayoon, deputy director of the Joint Graduate School of Energy and Environment.

Waiting too long, she suggested, could negatively impact supply, demand and prices in the carbon trading market, especially as there is speculation that a five-year greenhouse-gas-reduction commitment could be implemented as part of the Kyoto Protocol.

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