To several sources including TreeHugger and The Energy Collective, South Korea is about to “ create the world’s most ambitious cap and trade market, with the highest global price on carbon. “ The launch will take place in 2015.
This initiative will cover 70 percent of the nation’s emissions and will charge no less than $90 (67 euros) per ton of carbon. All this is done to reduce carbon emissions by thirty percent (30% !) compared to business as usual scenario by 2020.
Congratulations to South Korea for showing some leadership in the climate area. If only all G2O countries could do the same…
As I noted last week, the prestigious International Energy Agency 
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We have seen time and again that Brazil is working hard at stopping or at least decreasing deforesation of its marvelous Amazon rain forest. It seems all these efforts are paying of. To 
I think it is safe to write that everybody just hate traffic congestion which combines wastes of time, money and energy on top of being helpless. The dream of ultimate mobility offered by cars is often transformed in cities as an immobile nightmare.
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Yesterday Alice Stollmeyer 
