Report: How to Fix a Broken ETS : A Korean Case Study

Written By Ferth Manaysay

This report provides the following suggestions to fix the The Korea Emission Trading Scheme (K-ETS): (1) Adjustment of emissions cap in accordance with the enhanced 2030 NDC, (2) Substantial increase of auctioning in light of the EU CBAM, (3) Price floors to safeguard the incentives for emissions reduction, (4) Implementation of coal generation cap or a single benchmark for coal and LNG in order to facilitate reductions in the power sector, (5) Fundamental change to calculation of the total emissions cap.

Resource: How to Fix a Broken ETS : A Korean Case Study

Authors: Kyungrak Kwon, Jeehye Park, Sejong Young

Ferth Manaysay
Previous

Report: Decarbonisation in the global steel sector: tracking the progress
Next

Report: Unveiling the Truth Behind Blast Furnace Pollution