TMI's subsidiary, Green Earth Energy, has received official registration from the Thailand Greenhouse Gas Management Organization for its voluntary greenhouse gas reduction project. This approval allows the company to generate and sell carbon credits from its Suphanburi biomass power plant.
This development positions TMI to capitalize on the growing carbon market, especially with the anticipated implementation of a carbon tax by the Excise Department. The project is expected to generate significant revenue from carbon credit sales over the next seven years.
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TMI's subsidiary secures registration for a voluntary greenhouse gas reduction project from TGO, enabling carbon credit sales.