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Attawich Proposes 2 Acts for Green Energy Transition Loans

Attawich Proposes 2 Acts for Green Energy Transition Loans

Post Today•Politics•32m ago

Reader Briefing

Dr. Attawich Suwannaphakdee proposed two draft Acts to support a 200 billion baht allocation for green energy transition from a larger loan decree.

  • •Dr. Attawich Suwannaphakdee proposed the Industrial Waste Management Act and the Palm Oil Industry Promotion Act.
  • •The proposed laws aim to support 200 billion baht of a 400 billion baht loan decree currently under consideration by the House of Representatives.
  • •The Industrial Waste Management Act would cover electronic waste, circuit boards, batteries, and electric vehicle (EV) carcasses.
  • •The Palm Oil Industry Promotion Act seeks to mitigate impacts from the Fuel Oil Fund Act starting September 24, 2026.

Overview

  • •The House of Representatives is considering a 400 billion baht loan decree, of which 200 billion baht is intended for the transition to alternative energy.
  • •Dr. Attawich Suwannaphakdee proposed two draft Acts to ensure the expenditure of these funds is goal-oriented.
  • •Dr. Attawich Suwannaphakdee proposed the Industrial Waste Management Act to create a full-scale system for managing electronic waste, circuit boards, batteries, and electric vehicle (EV) carcasses from production to disposal.
  • •Dr. Attawich Suwannaphakdee proposed the Palm Oil Industry Promotion Act to address impacts from the Fuel Oil Fund Act which prohibits compensation for bio-blend fuel prices from September 24, 2026.
  • •The Fuel Oil Fund Act regulation may affect approximately one-third of palm oil prices in the country.
  • •The proposed Palm Oil Industry Promotion Act includes establishing an office under the Ministry of Industry similar to the Office of the Cane and Sugar Board.
  • •The proposed structure for palm oil industry management is intended to ensure farmers earn income from both palm fruit sales and processed palm oil products.

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Key Entities

Person

Attawich Suwannaphakdee(อรรถวิชช์ สุวรรณภักดี)
An MP of the United Thai Nation Party who proposed two draft Acts for energy transition.

Organization

United Thai Nation Party(พรรครวมไทยสร้างชาติ)ℹ️
The political party to which Dr. Attawich Suwannaphakdee belongs.
House of Representatives(สภาผู้แทนราษฎร)ℹ️
The legislative body currently considering the 400 billion baht loan decree.
Ministry of Industry(กระทรวงอุตสาหกรรม)ℹ️
The ministry that would oversee the proposed palm oil industry office.
Office of the Cane and Sugar Board(สำนักงานอ้อยและน้ำตาลทราย)
An organization used as a model for the proposed palm oil industry office structure.

Law

400 Billion Baht Loan Decree(พ.ร.ก.กู้ยืมเงิน 4 แสนล้านบาท)
A loan decree under consideration by the House of Representatives.
Draft Industrial Waste Management Act(ร่างพระราชบัญญัติจัดการกากอุตสาหกรรม)
A proposed law by Dr. Attawich Suwannaphakdee to manage industrial waste including electronic waste and EV carcasses.
Draft Palm Oil Industry Promotion Act(ร่างพระราชบัญญัติส่งเสริมอุตสาหกรรมปาล์มน้ำมัน)
A proposed law by Dr. Attawich Suwannaphakdee to support the palm oil industry and farmers.
Fuel Oil Fund Act(พ.ร.บ.กองทุนน้ำมันเชื้อเพลิง)
A law that prohibits compensation for bio-blend fuel prices from September 24, 2026.