Asia Pacific > South Korea to reduce offset limit in ETS, ministry proposals indicate

South Korea to reduce offset limit in ETS, ministry proposals indicate

Published 10:57 on September 17, 2020  /  Last updated at 15:11 on March 3, 2022  / Stian Reklev /  Asia Pacific, Paris Article 6, South Korea

South Korean companies will only be allowed to use half the previously expected amount of offsets to help meet their 2021-25 ETS compliance requirements, according to an environment ministry proposal.
South Korean companies will only be allowed to use half the previously expected amount of offsets to help meet their 2021-25 ETS compliance requirements, according to an environment ministry proposal.


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