Asia Pacific > South Korea may see marked increase in producer prices due to carbon tax -report

South Korea may see marked increase in producer prices due to carbon tax -report

Published 09:59 on January 3, 2025  /  Last updated at 09:59 on January 3, 2025  / /  Asia Pacific, South Korea

South Korea is likely to see a marked increase in producer prices if a carbon tax is implemented in the future for its climate goals, but accelerating renewable power output could substantially minimise the cost burden, according to a recent report.
South Korea is likely to see a marked increase in producer prices if a carbon tax is implemented in the future for its climate goals, but accelerating renewable power output could substantially minimise the cost burden, according to a recent report.


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