Asia Pacific > South Korea CO2 permit oversupply set to shrink amid non-compliance demand, mid-term outlook unclear -analysts

South Korea CO2 permit oversupply set to shrink amid non-compliance demand, mid-term outlook unclear -analysts

Published 10:07 on April 10, 2023  /  Last updated at 10:07 on April 10, 2023  / Chia-Erh Kuo /  Asia Pacific, South Korea

South Korea could see a declining oversupply in its carbon market as demand from non-compliance traders more than makes up for a drop in CO2 emissions, though the mid-term outlook for the ETS still hinges on the government's 2030 roadmap for emissions reductions, analysts said Monday.
South Korea could see a declining oversupply in its carbon market as demand from non-compliance traders more than makes up for a drop in CO2 emissions, though the mid-term outlook for the ETS still hinges on the government's 2030 roadmap for emissions reductions, analysts said Monday.


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