Reuters: South Korea decided on Thursday that its carbon trading market will go ahead as planned on Jan. 1 of next year, despite the finance minister's calls last month for it to be delayed.
South Korea's scheme - the government's key policy to meet its targets of cutting greenhouse gas emissions in 2020 to 30 percent below business-as-usual levels - will be the world's second biggest carbon market when it launches.
As proposed, the scheme will cap greenhouse gas emissions from over 400 of the country's...