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South Korea goes it alone with the worlds most aggressive carbon market

2013-05-25 10:10:00| Climate Ark Climate Change & Global Warming Newsfeed

Quartz: With a belligerent, nuclear-armed neighbor led by a messianic millennial on its border, youd think that reducing greenhouse gas emissions would rank low on South Koreas to-do list. Yet the country plans to launch the worlds most ambitious carbon-trading market in a bid to cut its planet-warming spew 30% by 2020. The world will be watching not only to see if South Korea can fix the flaws that have plagued the European Unions Emissions Trading Scheme but also avoid hurting the industrial conglomerates,...

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