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Southeast Asian nations are advancing carbon taxes to meet climate goals, with Malaysia, Thailand, and Singapore implementing or expanding them, while others assess the move amid public support and subsidy challenges.
Southeast Asian nations including Malaysia, Thailand, and Singapore are advancing carbon taxes to meet climate targets ahead of COP30, with Malaysia and Thailand set to implement taxes on high-emission industries, while Singapore continues its 2019 carbon tax with gradual rate increases and household rebates.
Indonesia passed a carbon tax law in 2021 but has not enforced it, and the Philippines and Vietnam are still evaluating the move.
Analysts warn that existing fossil fuel subsidies could weaken carbon pricing effectiveness, while public support remains strong across the region, with over 70% favoring carbon taxes despite willingness to accept cost increases.
Experts say tailored, equitable policies are key to achieving net-zero emissions by 2050.
Las naciones del sudeste asiático están avanzando en los impuestos al carbono para cumplir con los objetivos climáticos, con Malasia, Tailandia y Singapur implementándolos o expandiéndolos, mientras que otros evalúan la medida en medio de los desafíos de apoyo público y subsidios.