South Korea to increase KAU allocation levels in ETS U-turn

Published 09:01 on September 14, 2020  /  Last updated at 23:28 on September 14, 2020  /  Asia Pacific, South Korea  /  No Comments

South Korea’s environment ministry on Monday announced draft plans to increase the CO2 allowances in its ETS over the 2021-25 period after previously saying the amount would be reduced, while coal-fired power plants seem to remain in the scheme following ministerial wrangling.

South Korea’s environment ministry on Monday announced draft plans to increase the CO2 allowances in its ETS over the 2021-25 period after previously saying the amount would be reduced, while coal-fired power plants seem to remain in the scheme following ministerial wrangling.

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