Carbon tax: the responsibility of business to reduce global warming

Abstract

          The global warming today is caused the global temperatures to rise steadily. The main problem is the greenhouse gases, which is able to maintain a constant temperature in the Earth's atmosphere to the world. The world's population is rapidly increasing. When the population is growing, a lot of resources are used to meet the people's needs. Many trees are cut to create an appliance, including oil, gas and coal industry and many products. The effects of the energy metabolism are gradually capturing greenhouse gases on the atmosphere. The forest was cut down quickly. The heat from the sun drains off the balance as possible tills the world as a cause of the higher temperature. It called “Global Warming” effecting ecosystems. It includes the economy and the health of people around the world. There is an affect on theenvironmental issue to alleviate the problems that will occur in the future. Either the business sector or   the government sector tries to create the tax measures, called “Carbon tax” which is used to create incentivesfor reducing greenhouse gas emissions. In particular, carbon dioxide is a major component of greenhouse gases. The developed countries are more likely to enforce the tax measures with their partners, which will affect the international trade.

          Environmental tax, is also known as carbon tax, is collected as a component of the fuel carbon that will be released when it is burned in the form of carbon dioxide. In many countries, especially developed countries have introduced carbon tax applies to businesses with carbon dioxide emissions, such as the European Union, Canada, Russia, Australia, Japan, USA and etc. There is no carbon tax in Thailand due to the availability of the measuring greenhouse gas emissions and carbon dioxide. The governmentproposes to set up the finance environmental measures, which is a law that allows the government to finance such as taxes, fees, and measures to protect the environment. There are three approaches for carbon tax in Thailand as follows: 1) a tax on the consumption of electricity. 2) tax on the fuel. 3) a tax on the carbon emissions directly from the manufacturer. There should be the standard or non-discrimination for all involved business which affects carbon tax. The carbon tax collecting in Thailand will make a better image in the eyes of the world, including no trade barriers for exports to countries in the European Union and the United States. It is an opportunity to obtain financial assistance from foreign countries to invest in Thailand. Moreover there is the transfer of environmentally friendly technologies. Carbon tax is one of the measures that help to reduce global warming. Anyhow the global warming still requires the sustained cooperation and awareness of the people around the world.