Financial Times FT.com

S Korea to cap emissions for five years

By Song Jung-a in Seoul

Published: March 21 2008 10:28 | Last updated: March 21 2008 10:28

The new government of South Korea, among the world’s largest emitters of greenhouse gases, plans to cap emissions at 2005 levels for the next five years despite Seoul’s exemption from cuts under the Kyoto protocol.

The environment ministry presented the proposal to freeze emissions until 2012 on Friday in a report to Lee Myung-bak, president, in an effort to join international efforts to fight global warming.

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