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 ?