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Carbon Emissions Trading System Likely Launched Next Year

Posted on 15 August 2014

The Korea Exchange’s emissions trading system development has come to a halt, due to strong opposition from the business and industrial community. The government is planning to deal with it by reexamining the implementation date and raising the emissions cap.
Previously, the Emissions Trading Scheme was planned to be launched in January next year. However, an increasing number of local manufacturers have been opposed to the plan over concerns about the possibility of deteriorating competitiveness………………………………………..Full Article: Source


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