29.07.2014 - Korea: Fine-tune carbon scheme
The government’s plans to launch a carbon emissions trading scheme next year have become a hot subject of national debate because of the strong call from industries to delay it until 2020. New Deputy Prime Minister Choi Kyung-hwan’s pro-business stance is adding to the intensity of the debate. The debate surrounds Korea’s plans to open a carbon trading market next January to impose what industries here say would be the world’s toughest caps on greenhouse gas emissions. The scheme is in line with the Seoul government’s commitment in 2009 to restrict greenhouse gas emissions to 30 percent below business-as-usual levels by 2020...............................................Full Article: Source
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