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Insights / Projects / South Korea's cap and trade program

South Korea's cap and trade program

planned 1 mention

A market-based program designed to reduce emissions from large companies by imposing a tax on carbon dioxide and setting limits on emissions. It aims to establish the world's most ambitious carbon emissions market.

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Often mentioned with · Organizations

South Korea
National hydrogen economy development and leadership
other South Korea 1 mention
European Union
Political and economic union of European states; sets climate, energy, trade and external funding policies, including the Global Gateway and hydrogen import strategy.
other Multinational (EU) 1 mention
FuelCell Energy
Fuel Cell Manufacturing
company 1 mention

Often mentioned with · Technologies

Hydrogen fuel
Hydrogen will be used as the fuel for the ferry, with Air Products providing the fuel and refueling infrastructure.
1 mention
Solar energy
Used by SunHydro to generate hydrogen, making the fueling process fully sustainable.
1 mention
Cap-and-trade
A market-based approach to controlling pollution by providing economic incentives for achieving reductions in emissions. It involves setting a limit (cap) on emissions and allowing entities to trade emission allowances.
1 mention

Often mentioned with · Locations

world
1 mention
South Korea
South Korea
KR 1 mention

In the news (1)

South Korea has high hopes for renewable energy and emissions reduction

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