South Korea does not have a Carbon tax, but does have a trading system. Korean Emission Trading System (KETS) has been in operation since January 2015, becoming East Asia’s first nationwide mandatory ETS and the second-largest carbon market after the EU ETS. KETS is designed to play an important role in meeting Korea’s 2030 NDC...
Nothing is more important than breathing for survival. But even breathing is threatened in Korea. The South Korean National Assembly officially declared the fine dust issue as a ‘social disaster’ in March 2019. And in December 2019, fine dust was selected as the most important environmental issue of 2019 in a vote of citizens. According...
