South Korea to enact carbon trading scheme

Things do seem to accelerate on the climate front. South Korea will have in 2015 a national emissions trading scheme that will cover sixty percent of the country’s carbon dioxide emissions. As Reuters noted:

” (t)he programme won approval, despite fears it would hurt the economy, because of the long-term benefits to the country’s huge conglomerates from being more energy-efficient and exporting greener goods.

Just like in Mexico earlier this year, a vast majority of lawmakers voted for this as of the 151 lawmakers who voted, 148 approved the scheme. Another G20 member to rally the climate cause ?

Leave a Comment

Your email address will not be published. Required fields are marked *

%d bloggers like this: