South Korea to move forward coal plant closures

Published 12:22 on November 1, 2019  /  Last updated at 17:00 on November 1, 2019  /  Asia Pacific, South Korea  /  No Comments

South Korea will shut down six of its oldest coal-fired power plants in 2021, a year earlier than previously planned, the prime minister’s office announced Friday, a move that could provide a slightly bearish long-term signal for Korean carbon allowances.

South Korea will shut down six of its oldest coal-fired power plants in 2021, a year earlier than previously planned, the prime minister’s office announced Friday, a move that could provide a slightly bearish long-term signal for Korean carbon allowances.

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