Asia Pacific > Asia > South Korea mulls excluding power sector from ETS amid interministerial spat

South Korea mulls excluding power sector from ETS amid interministerial spat

Published 08:33 on August 21, 2020 / Last updated at 16:14 on August 21, 2020 / / Asia Pacific (Asia, Compliance Markets & Taxes)

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South Korea could pull the power generators out of its emissions trading scheme from 2021 over a disagreement between ministries on how to best regulate CO2 emissions from the sector, according to sources, a move that would gut the world’s second biggest carbon market.
South Korea could pull the power generators out of its emissions trading scheme from 2021 over a disagreement between ministries on how to best regulate CO2 emissions from the sector, according to sources, a move that would gut the world’s second biggest carbon market.


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