Tuesday, November 17, 2009

Thailand Pursuing Carbon Footprint Strategy for Carpet & Food Industries

Twenty six firms selling commodities like chicken, rice, sugar, paper and carpets have so far agreed to slap carbon-footprint labels on their exports to the EU and the US, to cope with more stringent rules.

"Thai companies need to prepare themselves now that the European Union and the United States are expected to implement requirements for such carbon-footprint labelling," Prasertsuk Chamornmarn, deputy director of the Thailand Greenhouse Gas Management Organisation (TGO), said yesterday.

Among the major companies joining the TGO's labelling pilot project are CP Intertrade, Charoen Pokphand Foods, Betagro, SCG Paper, Advance Agro, Thai Namthip, President Rice Products and Carpet International (Thailand).

Starting early next year, their products will be labelled to show their lifecycle assessment of carbon emissions, Prasertsuk said.

The 26 companies in the pilot project will win partial financing from the government.

Next year, the TGO will encourage more firms to join the project. The government may help by offering a tax incentive or tax privileges from the Board of Investment.

The Natural Resources and Environment Ministry has already drafted a blueprint for setting up the Carbon Fund to encourage private participation, Prasertsuk said.

Thailand emits 344 million tonnes of carbon dioxide a year, but its existing "green" projects can reduce that by only 6 million tonnes of carbon.

Read more.. http://www.nationmultimedia.com/2009/09/09/business/business_30111834.php

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