Latest

Hopes fade for progress on a CDM transition this year

Published 22:54 on November 19, 2018  /  Last updated at 09:54 on November 20, 2018  /  Americas, Asia Pacific, Aviation, Canada, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, New Zealand, REDD, South Korea, Switzerland, Voluntary Market  /  No Comments

Governments are not expected to offer much clarity on how the CDM will transition into the post-2020 Paris Agreement era as year-end UN talks in Katowice get bogged down in other issues, observers say.

Read More
Latest

Analysts see potential upside for Korean CO2 price as emissions rise

Published 10:19 on November 13, 2018  /  Last updated at 23:24 on November 13, 2018  /  Asia Pacific, South Korea  /  No Comments

South Korean carbon prices are at their highest since July but could go even higher as rising emissions in some of the biggest ETS sectors are set to further deplete available supply in the market, according to analysts.

Read More
Latest

South Korea curbs fossil fuel output to battle pollution

Published 12:12 on November 7, 2018  /  Last updated at 23:18 on November 7, 2018  /  Asia Pacific, South Korea  /  No Comments

South Korea on Wednesday for the first time ordered selected coal- and oil-fired plants to briefly cut output in a bid to reduce air pollution – a move set to become a more regular occurrence impacting CO2 levels next year when the government imposes mandatory rules.

Read More
Latest

Korea ETS expected to see price, volume uptick as govt finalises allocation

Published 10:34 on October 26, 2018  /  Last updated at 21:43 on October 26, 2018  /  Asia Pacific, South Korea  /  No Comments

Participants in the South Korean carbon market expect volumes to pick up and prices to rise after the government on Friday finalised installation-level allocations for 2018.

Read More
Latest

SK Market: Prices crawl up to 3-mth high in slumbering Korean ETS

Published 11:02 on October 23, 2018  /  Last updated at 01:07 on October 24, 2018  /  Asia Pacific, South Korea  /  No Comments

South Korean carbon allowances on Tuesday climbed to a three-month high as buyers begin to pick up available volumes after a lengthy post-compliance slumber in the world’s second-biggest carbon market.

Read More
Latest

Two more South Korean projects de-register from CDM

Published 14:56 on October 22, 2018  /  Last updated at 15:36 on October 22, 2018  /  Asia Pacific, International, Kyoto Mechanisms, South Korea  /  No Comments

Two more South Korean CDM projects, collectively capable of yielding more than 1.2 million CERs annually, have been de-registered by their owner, the electronics giant Samsung.

Read More
Latest

Major Korean coal region joins anti-coal alliance

Published 10:51 on October 2, 2018  /  Last updated at 10:51 on October 2, 2018  /  Asia Pacific, South Korea  /  No Comments

Korea’s South Chungcheong province on Tuesday became the first Asian jurisdiction to join the UK- and Canadian-led Powering Past Coal Alliance, a move that will see closing dates for 14 coal plants brought forward by up to five years.

Read More
Latest

South Korea’s GHG emissions inch higher

Published 12:16 on September 21, 2018  /  Last updated at 12:19 on September 21, 2018  /  Asia Pacific, South Korea  /  No Comments

South Korea’s GHG emissions rose 0.2% in 2016 to 694.1 MtCO2e, primarily due to an increase in energy-related emissions, the government announced Friday.

Read More
Latest

South Korea’s ETS worth $1.54 bln in first three years

Published 14:00 on September 20, 2018  /  Last updated at 14:58 on September 20, 2018  /  Asia Pacific, South Korea  /  No Comments

Trading volumes in South Korea’s emissions trading scheme doubled in each of the programme’s first three years, with its overall value hitting 1.72 trillion won ($1.54 billion) despite the market being long 0.96% over the period, the government said.

Read More
Latest

Analysts see bumpy road ahead for South Korea’s CO2 market

Published 09:44 on September 13, 2018  /  Last updated at 03:36 on September 14, 2018  /  Asia Pacific, South Korea  /  No Comments

South Korean CO2 prices are likely to be volatile over the next three years as an early, large permit surplus is replaced by shortages later in the trading phase, analysts at trading firm Ecoeye said Thursday.

Read More

We use cookies to improve your website experience and to analyse our traffic. We also share non-personally identifiable information about your use of our site with our analytics partners. By continuing to use our site, you agree to this. More information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close