Question

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Gov't urged to delay enforcement of carbon trading
SEOUL, April 9 (Yonhap) -- South Korean experts on carbon emission trading on Tuesday called on the government to delay the start of its system slated for 2015, saying it may hurt local industry.

The system requires companies to take action to reduce greenhouse gas emission levels or buy rights to release gases if they are unable to do so. Companies can also sell emission rights and receive cash payments.

"It is necessary to rearrange the schedule to enforce the carbon emission trading system as it may have a negative impact on the environment and industry," said Roh Jong-hwan, head of Korea Carbon Finance Inc., a carbon trading system operator.

His remarks came out in a forum hosted by the Korea Chamber of Commerce and Industry (KCCI).

"The enforcement of an impractical system may cause companies to pay enormous expenses as demand for carbon emission rights have tumbled due to a plunge in the manufacturing operation ratio," Roh said.

If the government introduces the system in 2015 as scheduled, the growth rate of the gross domestic product (GDP) may decrease by 0.23-0.47 percentage point in 2020, according to Roh Dong-woon, head of Green Growth Headquarters under the Korea Energy Economics Institute.

The expense for the right to release 1 ton of carbon will be between US$30 and $40, he said.

"Our most urgent priority is to develop technologies for carbon reduction to minimize its negative impact on the economy," he added.

"We should review the timing to launch the carbon trading system and related laws until the climate change convention is revised with the participation of advanced countries and developing countries after 2020," said Park Tae-Jin, chief of Business Institute for Sustainable Development (BISD) under the KCCI.

The Kyoto Protocol, which was adopted in 1997 in the Japanese city and took effect in 2005, sets binding obligations on advanced countries to cut their greenhouse gas emissions by 5.2 percent from the amount each recorded in 1990. The first phase of the commitment expired in 2012.
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Answer 1

府敦促推迟实施碳交易首尔,4月9日(联合通讯社)-韩国专家对碳排放交易周二呼吁政府的推迟其系统预计将于2015年,称这可能损害当地的产业。该系统要求公司采取行动减少温室气体的排放水平或购买权利释放气体如果他们不能这么做。公司还可以出售排放权和获得现金支付。“有必要重新安排时间表执行碳排放交易系统,因为它可能会对环境造成负面影响和行业,”卢武铉说,韩国郑大世圆头碳金融公司,碳交易系统操作员。他的言论是在一个论坛举办的韩国商会和行业(信号)。“执行一个不切实际的系统可能会导致企业支付巨大的费用需求碳排放权下跌由于暴跌制造操作比,”卢说。如果政府介绍了系统在2015年如期,增长率的国内生产总值(GDP)可能降低0.23 - -0.47% 2020年,根据卢董woon绿色增长的负责人,总部在韩国能源经济研究所。费用的权利释放1吨碳将会在30美元,40美元,他说。“我们最紧急的任务是开发技术减少碳排放,尽量减少其负面影响经济,”他补充说。“我们应该复习时间来启动碳排放交易体系和相关法律,直到气候变化公约修订的参与下发达国家和发展中国家在2020年之后,”帕克说,首席商业跆拳道金可持续发展研究所(BISD)信号下。《京都议定书》在1997年被采用在日本城市和生效于2005年,集绑定义务在发达国家削减5.2%的温室气体排放量从1990年的金额每个记录。第一阶段的承诺在2012年到期。

Answer 2

1997在日本通过并与2005生效的京都议定书，要求发达国家的温室效应气体排放较1990年减少5.2%。第一阶段于2012年结束

Answer 3

地契敦促推迟碳交易首尔， 4月9日（韩联社） - 南韩国专家呼吁政府对碳排放量在周二的交易延迟其系统将于2015年开始执行，称它可能会伤害本地产业。