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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,...

Tags: south market korea carbon

 

North Korea culls 160,000 birds to stop toxic bird flu outbreak

2013-05-22 01:00:00| Food Processing Technology

Around 160,000 birds have been culled in North Korea in order to limit a massive bird flu outbreak caused by a toxic strain of H5N1 virus.

Tags: north stop korea bird

 
 

Janssen's Manufacturing Problems May Lead to Criminal Charges in Korea

2013-05-20 21:15:53| Biotech - Topix.net

Though Janssen Korea says it is confident it will resolve its manufacturing issues, product recall and suspensions could be followed by lawsuits and imprisonment.

Tags: problems lead korea charges

 

South Korea on course to have the world's highest carbon prices

2013-05-14 11:23:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: In a little over 18 months, South Korea will launch a scheme that will cap around 70% of its greenhouse gas emissions. A White Paper published today by research firm Bloomberg New Energy Finance, in cooperation with Ernst & Young, concludes that the design is the most ambitious yet proposed anywhere, and could result in the Korean carbon price reaching the penalty level of $90/tCO2 exceeding that in any other emissions trading system (ETS) in the world. The predicted high prices in the Korean...

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Report: South Korea to launch world's most ambitious carbon trading scheme

2013-05-14 01:05:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: South Korea is preparing to introduce the world's most ambitious emissions trading scheme, potentially paving the way for carbon costs as high as $90 a tonne for many of the country's key industries. That is the stark conclusion of a major new report from Bloomberg New Energy Finance (BNEF) and Ernst & Young, which hails the proposed scheme as the world's most ambitious carbon-pricing policy but warns that changes to the proposals may be required before the scheme is introduced in 2015 to avoid...

Tags: report south korea trading

 

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