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Korea warns carbon trading advocates of ‘negative lobbying and blackmail’

Posted on 21 November 2012

Carbon trading schemes are fast sprouting across the planet as a market-based way of addressing rising greenhouse gas emissions. But advocates should be prepared for powerful business backlashes, Chang-beom Kim, the South Korean ambassador to the EU, warned a Brussels round table of business leaders and envoys on 19 November.
“Local business communities who are coming back to their capitals will see a lot of backlash [ranging] from resistance and hesitation and even sometimes negative lobbying and blackmailing, whatever measures we could envision,” he said………………………………………Full Article: Source

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