Asia Pacific > South Korea loosens ETS rules to ease supply squeeze, reaffirms foreign offset use -sources

South Korea loosens ETS rules to ease supply squeeze, reaffirms foreign offset use -sources

Published 12:38 on March 22, 2017  /  Last updated at 19:03 on March 22, 2017  / /  Asia Pacific, Kyoto Mechanisms, South Korea

In an effort to ease bottlenecked supply in Korea's carbon market, the country's Cabinet has changed rules for when regulators can release extra CO2 allowances from the market stability reserve, three sources familiar with the situation told Carbon Pulse on Wednesday.
In an effort to ease bottlenecked supply in Korea's carbon market, the country's Cabinet has changed rules for when regulators can release extra CO2 allowances from the market stability reserve, three sources familiar with the situation told Carbon Pulse on Wednesday.


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, log in here.

This page is intended to be viewed online and may not be printed.
As per our terms and conditions, the republication or redistribution of Carbon Pulse content can result in the suspension or termination of your subscription.