Carbon trade helps mitigate emission, but increases costs

| Sourced From Koreaherald.co.kr |Carbon trading system, a financial tool to reduce greenhouse gas, could cut CO2 emissions from manufacturers and utility firms, but it also raises their costs, officials said yesterday.According to the Korea Power Exchange, a nonprofit organization that controls the country’s power flow, greenhouse gas emissions by utility firms and major firms including POSCO have reduced 6.1 percent after a trial operation of the carbon trading system last month.However, the c
Posted under Futures Trading Systems by Content Keyword RSS on Thursday 24 September 2009 at 10:10 am

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