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13 Jun 2026 02:27:50

South Korea approves a national ETS

Posted: 03 May 2012

South Korea's lawmakers approved a national emissions trading scheme on Wednesday to tackle its growing greenhouse gas emissions, overcoming strong industry opposition and joining a growing number of nations to put a price on carbon. Of the 151 lawmakers who voted, 148 approved the scheme, underscoring bipartisan support for a cap on carbon emissions, in stark contrast with the United States and Australia where emissions trading has been deeply divisive. Full article