06.07.2016 - What now for South Korea’s emissions trading scheme?
Carbon Pulse Dialogues are discussions about carbon markets and climate policy by a selection of leading experts. More than 500 of South Korea’s biggest emitters met their 2015 compliance obligations under the scheme by the June 30 deadline. But getting there wasn’t an easy ride. More than 40 lawsuits have been launched against the government on allocation issues. Prices at one stage rose to nearly $18/tonne to make Korea’s carbon price one of the world’s highest, while the market has struggled with liquidity and only some controversial government interventions in May and June unlocked supply...............................................Full Article: Source
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