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Beyond punitive emission trading system… Korea opens era of carbon 'financialization'
Bull/Bear Index 45.3/100
global BULL 65/10 Maeil Business · 2h ago

Beyond punitive emission trading system… Korea opens era of carbon 'financialization'

South Korea is opening an era of carbon 'financialization' through a 'Voluntary Carbon Market Alliance,' aiming to preempt a $35 billion market by 2030 by standardizing carbon reduction performance for trading 'like financial products,' viewing it as a business model rather than a cost.

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