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  / /  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.


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