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 ?

By Edouard

Edouard is a sustainability and energy professional committed to bringing our societies to a carbon neutral future. He has been writing on related topics on this very blog since 2007.

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