Asia Pacific > South Korea carbon trade dries up as ETS passes first compliance deadline

South Korea carbon trade dries up as ETS passes first compliance deadline

Published 11:19 on June 30, 2016  /  Last updated at 16:36 on June 30, 2016  / Stian Reklev /  Asia Pacific, South Korea

Over 500 emitters covered by South Korea’s cap-and-trade programme faced their 2015 compliance deadline on Thursday following a week that has not seen a single trade, as companies either had sufficient allowances or borrowed from next year’s allocation amid confidence that rules will be looser next year.
Over 500 emitters covered by South Korea’s cap-and-trade programme faced their 2015 compliance deadline on Thursday following a week that has not seen a single trade, as companies either had sufficient allowances or borrowed from next year’s allocation amid confidence that rules will be looser next year.


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