By Silvio Marcacci
With roughly 18 months until launch, South Korea appears on the path to launch the world's most ambitious cap and trade market, with the highest global price on carbon. The government is still finalizing system design, set to launch in January 2015, but it could ultimately cover 70% of national emissions and reach $90 per ton of carbon.
South Korea May Launch World’s Most Ambitious Cap And Trade Market was originally published on: CleanTechnica. To read more from CleanTechnica, join over 30,000 others and subscribe to our free RSS feed, follow us on Facebook (also free!), follow us on Twitter, or just visit our homepage (yep, free).