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Seoul City’s Hybrid Car Registration Rises 20% in 2013

Seoul City’s Hybrid Car Registration Rises 20% in 2013

SEOUL, Korea, April 21, 2014 (Korea Bizwire) – Any Seoul resident can get sizable tax cuts upon the purchase of an environment-friendly hybrid car. The tax benefits are offered until the end of this year. Thanks to the incentives, as well as to the heightened awareness on the environment, the number of hybrid vehicles registered [...]

2 out of 3 Farm Families Earn Less than 10 Mil. a Year…Stat Office

2 out of 3 Farm Families Earn Less than 10 Mil. a Year…Stat Office

SEOUL, Korea, April 18, 2014 (Korea Bizwire) – Two out of three farm households are earning less than 10 million won a year from crop sales, which implies that there are fewer and fewer farming families relying entirely on agriculture alone for their income. According to a report “2013 Agriculture, Forestry, and Fishery Survey” published [...]

Hanwha Q CELLS Completes United States’ First Solar Farm on a Superfund Site

Hanwha Q CELLS Completes United States’ First Solar Farm on a Superfund Site

INDIANAPOLIS, April, 9, 2014 (Korea Bizwire)–Hanwha Q CELLS, an international solar developer, manufacturer and  solutions provider, commemorated the historic completion of the first  utility scale solar project constructed on an active EPA Superfund site.  Hanwha Q CELLS was joined by project partners including the US EPA,  Vertellus Specialties Inc., Indiana Department of Environmental  Management, Indiana [...]

Disguising to Be Eco-friendly to Be Officially Forbidden

Disguising to Be Eco-friendly to Be Officially Forbidden

  SEOUL, Korea, April 8 (Korea Bizwire) – To protect consumers from false or overstated displays and advertisements regarding eco-friendliness, the Ministry of Environment announced a new revision of the enforcement ordinance for the “Environmental Technology and Environmental Industry Act”. This revision is consisted of regulations regarding targets, acts, fines, and other details. The main [...]

Paper Receipts Turning to Waste Are Worth 270 Billion Won

Paper Receipts Turning to Waste Are Worth 270 Billion Won

SEOUL, Korea, April 3 (Korea Bizwire) – The receipts printed upon making transactions are doing more harm than personal data spill: waste of resources, and the fear of endocrine disruptor commonly known as environmental hormone. However, the credit card companies and the government authorities are not coming up with any remedies to the matter. On [...]

Domestic EV Market Buckled up for a Fast Ride

Domestic EV Market Buckled up for a Fast Ride

SEOUL, Korea, Mar 27 (Korea Bizwire) – The age of electric cars is on its way. More EV (Electric Vehicle) choices have become available; government subsidies have been increased; and more charging stations are being established. Last year, about 715 EVs are sold in Korea. In 2014, more than 1,200 EVs are estimated to be [...]

LG Electronics Launches New “Smart Light Bulbs”

LG Electronics Launches New “Smart Light Bulbs”

SEOUL, Korea, Mar 24 (Korea Bizwire) — LG Electronics will launch two 10-watt “smart light bulb” models–soft white and daylight bulb color–that can be used with smart devices such as the smartphone. This is the first time smart light bulbs are marketed in Korea. The smart lighting devices can save electricity up to 80 percent [...]

Plug-in at Home EV Still a Pipe Dream, at Least in Korea

Plug-in at Home EV Still a Pipe Dream, at Least in Korea

SEOUL, Korea, Mar 23 (Korea Bizwire) — In a situation where it is still hard to find recharging stations for electric vehicles, car makers are rushing to introduce electric cars that can be recharged at home with 220-volt plugs. The Soul EV launched on March 11 offers a plug-in cable for home recharging. The Nissan [...]

[China Report] China’s Heavy Smog Drives Nouveau Riche out of the Country

[China Report] China’s Heavy Smog Drives Nouveau Riche out of the Country

SEOUL, Korea, Mar 22, 2014 (Korea Bizwire) – After being awakened by serious problems caused by smog, which largely originates from China, Koreans — private and public in general — are stampeding to developing new smog forecast models as part of preemptive measures to fight against the grim air pollution. Now, it is one of the [...]