Asia Pacific > KEPCO to bear the brunt of soaring Korean CO2 prices

KEPCO to bear the brunt of soaring Korean CO2 prices

Published 11:13 on April 26, 2019  /  Last updated at 11:13 on April 26, 2019  / Stian Reklev /  Asia Pacific, South Korea

South Korean carbon prices rose to fresh record highs on Friday, leaving state-owned utility KEPCO to pick up the bill as the firm is obligated to compensate power companies for the CO2 allowances they have to buy.
South Korean carbon prices rose to fresh record highs on Friday, leaving state-owned utility KEPCO to pick up the bill as the firm is obligated to compensate power companies for the CO2 allowances they have to buy.


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