Most Popular
-
1
Ador CEO denies allegations, accuses Hybe of mistreating NewJeans
-
2
Medical reform committee kicks off despite boycott from doctors
-
3
10-man S. Korea lose to Indonesia to miss out on Paris Olympic football qualification
-
4
DP leader says he will meet Yoon without conditions
-
5
Over 9,000 hotline calls made by stalking victims in 2023
-
6
[Hello India] Hyundai Motor vows to boost 'clean mobility' in India
![[Hello India] Hyundai Motor vows to boost 'clean mobility' in India](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/04/25/20240425050672_0.jpg&u=)
-
7
US will take steps for three-way engagement on nuclear deterrence with S. Korea, Japan: Campbell
-
8
Monthly users on local streaming platforms outpace Netflix, Disney+
-
9
NewJeans fans send protest truck against agency chief in conflict with Hybe
-
10
Seoul to promote luxurious side of the city
![[Hello India] Hyundai Motor vows to boost 'clean mobility' in India](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/04/25/20240425050672_0.jpg&u=)
[THE INVESTOR] The government will update the country’s emissions trading system to allocate more permits to industries that claim shortage, Vice Minister of Trade, Industry and Energy Woo Tae-hee said on July 18.
“(The Energy Ministry) will work with the Ministry of Strategy and Finance, and related ministries to improve the system,” Woo said.
“(The Energy Ministry) will work with the Ministry of Strategy and Finance, and related ministries to improve the system,” Woo said.
“In the mid- to long-term, a support system will be established to encourage the industry to reduce emissions, and improve the system so that (corporations) will expand emission-cutting efforts.”
Since emissions trading was introduced in January 2015, a number of sectors, including semiconductor and petrochemicals industries, have criticized the system saying that they were given too little credit.
The critics have also voiced views that emission-cutting measures taken before emission trading was introduced must be recognized.
By Choi He-suk (cheesuk@heraldcorp.com)
-
Articles by Korea Herald
