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South Korea doubles 2013 emissions reduction target

Posted on 16 October 2012

South Korea on Monday doubled its target for reducing carbon dioxide emissions next year, as it moves towards the introduction of a nationwide cap-and-trade system in 2015. The economy ministry said the country would aim to reduce greenhouse gas emissions by 17.2 million tonnes of carbon dioxide (CO2) in 2013, compared with this year’s target of eight million tonnes.
The new target, which is equivalent to three percent of expected total emissions in 2013, is aimed at 377 entities in the industrial and power sectors of Asia’s fourth-largest economy………………………………………..Full Article: Source

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