The energy ministry vowed Wednesday to allot at least 30 percent of its research and development spending to the technologies aimed at carbon neutrality by 2030 as the energy transition will likely pose serious challenges for companies.
The global push for carbon neutrality by 2050 has failed. The G20 summit in Rome ended Sunday without being able to specify a deadline for zero emissions. Major developed nations, including host Italy, proposed 2050, but Russia,...
President Moon Jae-in officially declared South Korea's upgraded nationally determined contributions (NDC) targets, committing to reduce greenhouse gas emissions by at least 40 percent by 2030 at the United Nations climate summit in Glasgow Monday.
The 2050 Carbon Neutrality Commission is in the hottest of hot seats. Its job is to come up with ways that Korea will achieve net zero carbon emissions by 2050.
Korea announced Monday it will join the Global Methane Pledge in its commitment to reduce world methane emissions by 30 percent over the coming decade, at the upcoming COP26 climate conference next week.
Shinhan Bank signed an agreement with the Ministry of Environment to join the government’s efforts to encourage public to participate activities to achieve carbon neutrality.
President Moon Jae-in said Korea will reduce its greenhouse gas emissions by 40 percent from the country’s peak in 2018, upgrading its 2030 nationally determined contributions (NDC) target ahead of a global climate conference next month.
A decades-old traditional market in Mangwon-dong, western Seoul, known for its affordable fresh produce and tasty street food, has recently been at the forefront of a grassroots plastic-free movement in the neighborhood.
The global race has begun to save the world from climate change and Korea, the planet’s 11th largest emitter of carbon, is bracing for big changes in what people buy and eat, how businesses operate and where the country gets its energy.
Disbelief is corporate Korea’s reaction to the government’s latest carbon plan, and even some academics are in the skeptic camp as they analyze the expensive program. Under the plan, the government is raising carbon cutting goal.