Korea unveils blueprints to attain carbon neutrality by 2050
South Korea said Monday it plans to overhaul a taxation scheme related to carbon emissions and set up a fund designed to fight climate change in a bid to achieve the goal of carbon neutrality by 2050. The country also plans to accelerate the reduction of reliance on coal as it nurtures eco-friendly industries and builds up the low-carbon economic structure to effectively reduce carbon emissions to zero by that year. President Moon Jae-in announced in October that the country will seek to go carbon neutral by 2050 in an effort to transform the country’s fossil-fuel reliant economy into an eco-friendly one.
[Shin-A Ilbo] Lowcarbon, JDP promotion for pre-treatment desulfurization technology ‘IMO certification’Previous
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Draft new mandatory regulations to cut the carbon intensity of existing ships have been approved by the International Maritime Organization (IMO) Marine Environment Protection Committee (MEPC).Next
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