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  • Published: Nov 5th, 2009
  • Category: Asia
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Korea Seeks 4% Cut in Carbon Emissions by 2020


| Sourced From Koreatimes.co.kr |

The administration is seeking to reduce the countrys greenhouse gas emissions by 4 percent by 2020 from 2005 by promoting the use of bio and nuclear energy, and energy-efficient technologies, officials said Wednesday.

The plan is expected to draw a fierce backlash from industries, which have already called the goal too ambitious, and from most small-sized firms, which say it is unrealistic.

Business associations complain that firms should make additional investments to update their production lines as recommended by the government to reduce carbon emissions.

In August, the Presidential Committee on Green Growth suggested three goals to cut greenhouse gas emissions by 21 percent, 27 percent and 30 percent by 2020 under the

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  3. UK: Government set tough new target for cutting carbon emissions by 2020
  4. Norway proposes 40-pct carbon emissions cut by 2020
  5. UK may fail to meet 2020 target for CO2 emissions

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