Tag: South Korea

South Korea enacts its cap and trade market

The world’s seventh carbon emitter started earlier this month the second biggest cap and trade program. As we have seen previously, South Korea is willing to cut its emissions by 30 percent by 2020. This cap-and-trade programm will enable it to do so.

South Korea confirms its 2020 climate targets

According to RTCC : ”  South Korea remains on course to meet its target of a 30% cut in greenhouse gas emissions by 2020 (…) It says the total reduction in climate warming greenhouse gases will be equivalent to 233 million tonnes. “ ” Specifically, the country plans transportation emission cuts of 34.3%, 26.9% in… Continue reading South Korea confirms its 2020 climate targets

South Korea to increase its climate efforts

To several sources including TreeHugger and The Energy Collective, South Korea is about to ”  create the world’s most ambitious cap and trade market, with the highest global price on carbon. “ The launch will take place in 2015. This initiative will cover 70 percent of the nation’s emissions and will charge no less than… Continue reading South Korea to increase its climate efforts

South Korea to enact carbon trading scheme

Things do seem to accelerate on the climate front. South Korea will have in 2015 a national emissions trading scheme that will cover sixty percent of the country’s carbon dioxide emissions. As Reuters noted: ” (t)he programme won approval, despite fears it would hurt the economy, because of the long-term benefits to the country’s huge… Continue reading South Korea to enact carbon trading scheme

Five great reforestation projects

While browsing old articles on Sustainablog, I found one that I particularly liked on successful huge reforestation projects. I learned many cool things and thought that was well worth a post. ” Governments, NGOs, and even for-profit companies recognize the environmental and economic losses caused by deforestation, and are working to restore the health of… Continue reading Five great reforestation projects

Countries with more than 30 percent of nuclear

Further to the catastrophe in Fukushima, Japan, the Christian Science Monitor wrote an interesting article on the ten countries relying for more than 30 percent on nuclear for their electricity. As they put it : ” As dependent as Japan is on nuclear power, 12 nations are even more reliant it, according to the World… Continue reading Countries with more than 30 percent of nuclear

Brazil and South Korea are increasing their efforts

To CleanTechnica : ” A new national 10-year plan from Brazil shows that the country will triple its use of renewable energy by 2020 and that a lot of that energy will be wind energy. ” ” Going from 9 GW of wind, biomass and small hydropower in 2010, the country intends to hit 27… Continue reading Brazil and South Korea are increasing their efforts

South Korea to build 2,500 MW wind farm

To CleanTechies : ” The South Korean government will help fund construction of a massive offshore wind farm that proponents say would generate about 2,500 megawatts of electricity (…)” “The $8.2 billion project (six billion euros), which proponents hope to complete by 2019. (…) In South Korea, Asia’s fourth-biggest oil importer, officials see the initiative… Continue reading South Korea to build 2,500 MW wind farm

South Korea to invest $35 billions in energy

” The South Korean government has announced that it intends to invest $35.4 billion in the renewable energy sector over the next five years as it aims at reducing its dependence on fossil fuels and build a green economy for the future.” “The South Korean government announced the ‘Green Korea’ plan in September 2008 which… Continue reading South Korea to invest $35 billions in energy

The top 10 coal-burning countries

We all know it : coal is by far the most greenhouse gases emitting energy source. It is also a major air pollutant. For these two reasons it is the environmental enemy #1. (cf The Economist’s cover, back to 2002) However, many countries like China, India, Germany or the United States are still relying importantly… Continue reading The top 10 coal-burning countries

The Cleantech arms race continues

Earlier this year I was wondering if cleantech is the new arms race. I noted at the time that America, Europe and China are beginning to compete in such an important economic sector. A US study released last month shows that not only there is an arms race between the United States and Asian nations,… Continue reading The Cleantech arms race continues