South Korea on Friday announced a raft of climate policy changes, including abandoning its GHG emissions target for 2020, stripping the Ministry of Environment of its responsibility for the emissions trading scheme, and lifting a cap on Early Action Credits that observers say could boost the market’s supply by more than 40 million tonnes.
South Korea abandons 2020 GHG target, puts ETS in new hands and lifts early action credit cap
South Korea on Friday announced a raft of climate policy changes, including abandoning its GHG emissions target for 2020, stripping the Ministry of Environment of its responsibility for the emissions trading scheme, and lifting a cap on Early Action Credits that observers say could boost the market's supply by more than 40 million tonnes.
A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.
We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.
We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.
