July 5, 2016
DIALOGUE: What now for South Korea’s emissions trading scheme?
- Carbon Pulse

Carbon Pulse Dialogues are discussions about carbon markets and climate policy by a selection of leading experts. The government recently restructured the administration of the ETS. What changes should the new caretakers consider to iron out key challenges to the market? We have asked a number of experts and market participants. Their answers are posted below.

Joo-jin Kim: K-ETS was one of Korea’s first environmental commodity markets. In fact, most Korean companies have barely any experience with energy commodities, as the sale of power and import of LNG is strictly regulated. This lack of experience with energy related commodities seems to be where the irregularities of K-ETS year one comes from.