Korea’s ETS powerless to stall coal finance boom -report

Published 09:59 on January 22, 2018  /  Last updated at 13:41 on January 22, 2018  /  Asia Pacific, South Korea  /  No Comments

South Korea’s emissions trading scheme is failing to drive a switch to cleaner fuels domestically while Korean public finance institutions are among the world’s biggest coal funders, seemingly acting in disregard for the nation’s Paris target, according to a report due to be published on Tuesday.

South Korea’s emissions trading scheme is failing to drive a switch to cleaner fuels domestically while Korean public finance institutions are among the world’s biggest coal funders, seemingly acting in disregard for the nation’s Paris target, according to a report due to be published on Tuesday.

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