Emissions Trading Mechanism to Mitigate Climate Change? : A case study in the Korean Emissions Trading Scheme focusing on the political-economic context behind the implementation and the policy design of the scheme
This thesis investigates the political-economic context that underlies the Korean Emissions Trading Scheme (KETS). The idea of trading carbon as a commodity in the carbon market has been embraced by many regions to reduce carbon emissions and to mitigate climate change. The government of South Korea has started to implement the emissions trading mechanism since 2015 to curtail the national greenho