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14. January, 2025

2024 Year in review Korean ETS: Low prices ahead of major system reform

Global Carbon
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Prices and volumes The South Korean Emissions Trading System (KETS) began operating in 2015 and is currently in the final year of its third phase (2021-2025), with Phase 4 slated for 2026-2030 and Phase 5 for 2031-2035. Exchange-based transactions in the…

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