Asia Pacific > South Korea activates ETS price floor to stabilise carbon market as prices hit a new low

South Korea activates ETS price floor to stabilise carbon market as prices hit a new low

Published 11:51 on July 26, 2023  /  Last updated at 11:51 on July 26, 2023  / Chia-Erh Kuo /  Asia Pacific, South Korea

South Korea has set a temporary price floor for the domestic emission trading scheme (ETS) to stabilise the market, as allowance prices have crashed to unprecedented new lows.
South Korea has set a temporary price floor for the domestic emission trading scheme (ETS) to stabilise the market, as allowance prices have crashed to unprecedented new lows.


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.