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SK Market: KAUs edge up to 2-month high, but trade remains choppy

Published 09:48 on February 13, 2018  /  Last updated at 00:44 on February 14, 2018  /  Asia Pacific, South Korea  /  No Comments

Korean CO2 allowances on Tuesday broke out of the tight range in which they have hovered since December, but liquidity in the market remained modest as the ongoing lack of government clarification on future scheme rules means significant supply remains locked.

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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.

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Little respite in South Korea ETS for Europe’s CDM investors

Published 10:51 on January 19, 2018  /  Last updated at 15:58 on January 19, 2018  /  Asia Pacific, EMEA, International, Kyoto Mechanisms, South Korea  /  No Comments

South Korean carbon traders and brokers are seeing a significant uptick in approaches from European investors looking to take advantage of impending offset rule changes in the Korean ETS, but opportunities are likely to be limited, according to market participants.

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Global CO2 trading volume up 5% in 2017, value up 22% as major markets extend rules -analysts

Published 15:03 on January 18, 2018  /  Last updated at 08:26 on January 19, 2018  /  Americas, Asia Pacific, Aviation, Canada, China, China's National ETS, China's Offset Market, China's Pilot Markets, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, New Zealand, South Korea, US  /  No Comments

Global traded carbon volumes rose 5% in 2017 to 6.3 billion tonnes of CO2e while the overall value of the markets climbed 22% to €41 billion ($33.5 billion), the Point Carbon analysts at Thomson Reuters said in a market review published Thursday.

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SK Market: Korean carbon trade stalls as govt dithers on key decisions

Published 12:54 on January 17, 2018  /  Last updated at 13:38 on January 18, 2018  /  Asia Pacific, South Korea  /  No Comments

Prices in South Korea’s emissions trading scheme have remained unchanged for nine consecutive sessions as traders await clarity from the government on allocation levels and rules for market intervention.

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South Korea launches consultation on ETS, 2030 pathway

Published 09:57 on January 2, 2018  /  Last updated at 23:03 on January 2, 2018  /  Asia Pacific, South Korea  /  No Comments

South Korea’s environment ministry on Tuesday launched a broad consultation process that will consider key issues for its emissions trading scheme, as well as the nation’s pathway to meeting its Paris obligations.

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South Korea hands out 538.5m carbon allowances for 2018

Published 08:29 on December 19, 2017  /  Last updated at 15:01 on December 19, 2017  /  Asia Pacific, South Korea  /  No Comments

The South Korean government on Tuesday handed out 538.5 million CO2 permits to participants in its emissions trading scheme for 2018, nearly 15% below their 2014-16 emission levels.

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China, Japan, Korea carbon market links resurface as talks set for next week

Published 10:50 on December 15, 2017  /  Last updated at 01:52 on December 16, 2017  /  Asia Pacific, China, China's National ETS, Japan, South Korea  /  No Comments

A government-backed roundtable on Northeast Asian carbon pricing is convening next week as the imminent launch of China’s national emissions trading scheme raises the issue of a common approach across China, Japan and South Korea.

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SK Market: Korean CO2 price corrects after big drop but supply remains a concern

Published 11:35 on December 7, 2017  /  Last updated at 14:23 on December 7, 2017  /  Asia Pacific, South Korea  /  No Comments

South Korean carbon permit prices have picked up over the past two sessions following their 24% crash from last month’s all-time highs, which was triggered by government warnings over potential supply-boosting measures.

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Industry urges more govt intervention in South Korea CO2 market

Published 09:35 on November 29, 2017  /  Last updated at 09:35 on November 29, 2017  /  Asia Pacific, South Korea  /  No Comments

A group of major South Korean companies has petitioned the government asking officials to sort out the demand-supply imbalance in the market that has pushed prices to record levels.

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