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Archive by category Energy & Green

Seoul to Provide Additional Subsidies for Purchase of Eco-friendly Cars

Seoul to Provide Additional Subsidies for Purchase of Eco-friendly Cars

SEOUL, Sept. 27 (Korea Bizwire) — The Seoul city government said Thursday it will provide additional subsidies for the purchase of environmentally friendly vehicles as this year’s target has already been accomplished. The city government attained this year’s goal of subsidizing 2,257 electric vehicles (EVs) and hydrogen fuel-cell cars. The city said it will inject [...]

Over 80 pct of South Koreans Back Renewable Energy Expansion: Poll

Over 80 pct of South Koreans Back Renewable Energy Expansion: Poll

SEOUL, Sept. 17 (Korea Bizwire) — More than eight in 10 South Koreans favor the increased use of renewable energy on the grounds that it is clean and inexhaustible, a poll showed Monday. According to the survey of 1,003 South Koreans across the nation, 86.2 percent of respondents said they are in favor of the [...]

Beach Festival Features Recycled Artwork Made from Sea Waste

Beach Festival Features Recycled Artwork Made from Sea Waste

BUSAN, Sept. 13 (Korea Bizwire) —The local government of Busan’s Haeundae-gu teamed up with village cooperative “Eco-Eco” to hold a beachcombing festival at Haeundae Beach yesterday. Beachcombing is an activity that has individuals searching for things of value or interest on the beach, and doubles as an effective way of cleaning up the sandy shores. [...]

Power Plants Switch to Eco-friendly, Bio-heavy Oil

Power Plants Switch to Eco-friendly, Bio-heavy Oil

SEOUL, Sept. 11 (Korea Bizwire) — A new law will allow bio-heavy oil made from pork fat and other leftover oil to be used to generate electricity in place of petroleum. The Ministry of Trade, Industry and Energy announced yesterday legislation that approves the use of bio-heavy oil to provide a more stable source of [...]

New Technology Makes Possible Extraction of Valuable Substance from Oil Residue

New Technology Makes Possible Extraction of Valuable Substance from Oil Residue

SEOUL, Sept. 5 (Korea Bizwire) — Local researchers have found a new way to produce synthetic graphite, a highly useful substance, from inexpensive petroleum. The Korea Research Institute of Chemical Technology (KRICT) announced yesterday that Dr. Im Ji-seon’s research team had developed technology that can produce “pitch” using oil residue for the first time in [...]