Carbon Emissions Archives | Page 3 of 3

Growing Carbon Market in Korea Faces Liquidity Challenges

SEOUL, March 13 (Korea Bizwire) – Carbon emissions trading is growing in South Korea as more companies are compelled to abide by the government’s scheme to reduce carbon-dioxide emissions, but many businesses fear they won’t meet emissions targets this year. Companies are required to have any emissions excess deducted from their permitted amount for the [...]

S. Korea to Raise Emissions Trading Rights for 2017

SEJONG, Jan. 24 (Korea Bizwire) – South Korea will raise greenhouse gas emissions rights in the trading market for this year in a bid to meet its tightened reduction target, the finance ministry said Tuesday. Under the revised 2017 emissions allocation plan endorsed by the Cabinet, some 538.9 million tons of emissions rights will be [...]