South Korea sticking to plans for 4% reduction in ETS cap for Phase 3 -observers

Published 11:26 on August 3, 2020  /  Last updated at 00:56 on August 4, 2020  /  Asia Pacific, International, Kyoto Mechanisms, South Korea  /  No Comments

South Korea is considering reducing the average annual amount of CO2 allowances issued to emitters in its ETS by 4% over 2021-25 compared to the 2018-20 period, according to participants at a government organised forum in Seoul.

South Korea is considering reducing the average annual amount of CO2 allowances issued to emitters in its ETS by 4% over 2021-25 compared to the 2018-20 period, according to participants at a government organised forum in Seoul.

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