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South Korea’s government said Thursday that it has agreed with a U.S. carbon exchange operator to intensify bilateral cooperation as it seeks to launch its own market for carbon emission rights trading.
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| Sourced From English.chosun.com |
The government decided on a greenhouse gas reduction goal of 30 percent below the business-as-usual (BAU) forecast by 2020 in a Cabinet meeting presided over by President Lee Myung-bak on Tuesday.
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| Sourced From English.hani.co.kr |
It has been confirmed that the Presidential Committee for Green Growth (PCGG) had reduced the targeted amount of CO2 emissions reduction by inflating the anticipated amount of CO2 emissions and correspondingly curtailing the level of possible reduction.
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| Sourced From Koreatimes.co.kr |
The administration is seeking to reduce the country’s 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.
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| Sourced From Koreaherald.co.kr |
The administration is reportedly planning to commit itself to a drastic cut in greenhouse gas emissions when it makes a final decision on the issue on Nov. 17. Worried about its impact on their business, corporations are calling on the administration to be realistic about its target for 2020.
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| Sourced From Koreatimes.co.kr |
Seoulites can receive monetary incentives of 50,000 won for efforts to reduce greenhouse gas through the new Eco-mileage system, officials said Thursday.
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| Sourced From English.chosun.com |
Three scenarios for carbon gas reduction were announced today by the Presidential Committee on Green Growth with different target rates aiming at a 21, 27 or 30 percent reduction by 2020.
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