Another carbon tax domino falls – South Korea goes cold on ETS

wattsupwiththat.com ^ | July 18, 2014 | by Anthony Watts

[Ernest_at_the_Beach]

South Korea announces delay the day after Australia’s carbon tax repeal

Story submitted by Eric Worrall

In a sign that rejection of climate alarm is gathering momentum, South Korea has thrown doubt on its carbon plans. Significantly, the announcement was made the day after Australia abolished the carbon tax. According to the report;

“July 18 (Reuters) – South Korea’s finance minister has called its impending emissions trading market “flawed in many ways”, hinting that he would pressure other ministries to delay the planned 2015 launch, a local newspaper reported.
Choi Kyung-hwan, who is also deputy prime minister, said problems had been found with the scheme, which is due to start in January, and that the government would review them before deciding whether to delay it, modify it or implement it as planned, The Korea Times reported on Friday.”

http://af.reuters.com/article/commoditiesNews/idAFL6N0PT3CZ20140718

(h/t to WUWT reader Pat)

South Korea’s courageous stand against carbon madness raises hope that Australia’s rejection of carbon pricing will be the domino which topples any chance of global cooperation on CO2

[SunkenCiv]

Thanks Ernest.

[Ernest_at_the_Beach]

You are welcome.

I need to see what happened in Australia,.

[GeronL]

Hey guys, you know that new tax thing we passed? I’ve been thinking, why are we doing that? I mean really. Will raising taxes actually help the environment? Is mother nature needing the cash? We have expensive power and a water shortage in this country already, how are we going to afford to do this? Why kick our own selves in the privates?

[molson209]

Algore must be spinning in his grave

[PATRIOT1876]

More commonsense!

Note to South Korea:

Please send some commonsense and Science to Washington so they don’t destroy our economy with the obvious Climate Change Scam.

[PATRIOT1876]

*Hey guys, you know that new tax thing we passed? I’ve been thinking, why are we doing that? I mean really. Will raising taxes actually help the environment? Is mother nature needing the cash? We have expensive power and a water shortage in this country already, how are we going to afford to do this? Why kick our own selves in the privates?*

“The Earth has a phony fever and the only way to cure it is to give all your money to me and your freedoms to the government”

~Algore

[GeronL]

ManBearPig is real!!!

[PATRIOT1876]

*ManBearPig is real!!!*

The Left believes that they have the really truly actual real Science because they live by the axiom:

“Socialism good-facts bad”

[GOPJ]

South Korea’s courageous stand against carbon madness raises hope that Australia’s rejection of carbon pricing will be the domino which topples any chance of global cooperation on CO2

Austrlia and South Korea ushering in a saner world - good for them...