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South Korea to Open Carbon Trading Exchange Next Week

Posted on 07 January 2015

South Korea will open a carbon trading system next week after years of delay, but the road ahead remains bumpy due to resistance from the business community and weak confidence in the nascent program.
The Korea Exchange (KRX), the nation’s main bourse operator, will begin the cap-and-trade system on Jan. 12 with 525 local companies to join global efforts to curb greenhouse gas emissions to 30 percent below business-as-usual (BAU) levels over the next five years………………………………………..Full Article: Source


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