KAU20 prices experienced a short spike in prices in December, driven by aggressive small-scale transactions in the market. The increase was followed by a sharp decline, closing the month at KRW 23,000.
Meanwhile, several policies have been finalized and announced before the year ended. One of such policies include the 2050 Low Emission Development Strategy. The LEDS contains measures to expand the use of cleanly-produced electricity and hydrogen, implement innovative improvement towards energy efficiency, commercialize decarbonization technologies, and strengthen of carbon absorption.
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