During floods or droughts, certain communities want to designate areas as water retention zones or reservoirs to address supply issues, said Mr Nonarit. LEADING BY EXAMPLEChittawan Chanagul, a lecturer in economics at Kasetsart University, said energy prices in Asia, including Thailand, remain significantly lower than in Europe. In Europe, energy prices have doubled compared with pre-crisis levels, while in Asia they have risen by around 80%. Without such tax reductions, the government could collect more revenue to provide greater assistance to people facing hardships. In Norway, energy companies are taxed at rates as high as 78%, as the sector is considered highly profitable, said Ms Chittawan.
Source: Bangkok Post April 06, 2026 01:47 UTC