Asia Pacific > South Korea cuts KAU auctioning volume for 2022 due to sluggish demand

South Korea cuts KAU auctioning volume for 2022 due to sluggish demand

Published 09:50 on April 26, 2023  /  Last updated at 10:00 on April 26, 2023  / Chia-Erh Kuo /  Asia Pacific, South Korea

South Korea has cancelled plans to auction off a combined 3.7 million CO2 permits before the June 30 annual compliance deadline due to low allowance prices and poor market liquidity.
South Korea has cancelled plans to auction off a combined 3.7 million CO2 permits before the June 30 annual compliance deadline due to low allowance prices and poor market liquidity.


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