Korean ETS emitters expect free allocation to stop flowing from 2026, leaving little time to meet 2030 NDC

Published 07:44 on December 7, 2022  /  Last updated at 12:33 on December 7, 2022  /  Asia Pacific, South Korea  /  No Comments

South Korean emitters covered under its domestic emissions trading scheme are concerned that its allocation plan will align with its 2030 NDC from 2026, providing limited time to cut emissions sufficiently to meet the national target, according to a market expert.

South Korean emitters covered under its domestic emissions trading scheme are concerned that its allocation plan will align with its 2030 NDC from 2026, providing limited time to cut emissions sufficiently to meet the national target, according to a market expert.

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