carbon trading Archives | Be Korea-savvy

S. Korea Approves 1.31 Mln Tons of Emissions Reductions

SEJONG, March 16 (Korea Bizwire) – South Korea will inject a fresh 26.2 billion won (US$23.1 million) worth of greenhouse gas emissions rights in the trading market this month as part of its efforts to foster the local carbon trading system, the finance ministry here said Thursday. A government panel chaired by Vice Finance Minister [...]

South Korea to Open Carbon Trading Exchange Next Week

SEOUL, Jan. 5 (Korea Bizwire) – 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 [...]