Australia applauds South Korea?s ETS move - Think Change

One of Australia's top trading partners and the world's 15th largest economy, the Republic of Korea, has passed legislation for a national emissions trading scheme (ETS). The South Korean ETS is similar to Australia's carbon pricing mechanism. Starting in 2015, the South Korean ETS will cover facilities emitting 25,000 tonnes of carbon pollutionexpected to be around 500 of the country's largest emitters.

Source: http://media.australia.gov.au/notify/click.cgi?url=http%3A%2F%2Fwww.climatechange.gov.au%2Fmedia%2Fwhats%26%2345%3Bnew%2Fsouth%26%2345%3Bkorea%26%2345%3Bets.aspx&collection=releases&rank=5&auth=olv0urafa1CJnDntwt%2Bdjg

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