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South Korea delays smog tax; starts emission trading in 2015 - finance minister
2014-09-02 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: South Korea has delayed a proposed tax on vehicle carbon emissions by over five years to the end of 2020, but confirmed it would push ahead with plans to begin its carbon emissions trading scheme from the start of 2015, finance minister Choi Kyung-hwan said on Tuesday. The finance ministry said in a meeting with other ministers that the so-called smog tax, which has already been postponed by more than two years, would place too much of a burden on industry if it was launched at the same time as...
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Category:Electronics and Electrical