SEOUL, July 18 (Korea Bizwire) — South Koreans are becoming increasingly aware of climate change in the wake of this year’s deadly heavy rains. The memories of Seoul’s Gangnam area being submerged last summer remain vivid. “I now realize that heavy rainfall can be a matter of life and death after witnessing so many people [...]
SEOUL, July 14 (Korea Bizwire) — South Korea’s state-run oil company has initiated a project to capture and confine carbon dioxide within the depleted gas field in the East Sea. The Korea National Oil Corp. (KNOC) said Thursday it has signed a preliminary FEED (front end engineering and design) contract with Hyundai Engineering & Construction [...]
SEOUL, July 12 (Korea Bizwire) — Korea Environment Corp. (KECO), a state environment promotion agency, said Tuesday that a demonstration facility for carbon capture and utilization technology will be established at a Philip Morris Korea Inc. factory in Yangsan, North Gyeongsang Province. The facility, scheduled to be completed on Thursday, leverages the carbon dioxide absorption [...]
SEOUL, July 7 (Korea Bizwire) — Refrigerated shelves at convenience stores are often set to excessively low temperatures, leading to significant energy waste, a consumer advocacy group said Thursday. The Korea Consumer Agency examined the temperature settings of refrigerated display stands in 60 convenience stores nationwide. Among these, 56 stores had set their temperatures below [...]
SEOUL, July 4 (Korea Bizwire) —On July 4, Kyodo News reported that the International Atomic Energy Agency (IAEA) had issued a final report on the plan to discharge contaminated water from Fukushima into the ocean, stating that it was in line with safety standards. According to the IAEA report, the release of treated water from [...]
SEOUL, July 2 (Korea Bizwire) — Typhoons and heavy rains have left 122 dead or missing and caused some 3 trillion won (US$2.3 billion) worth of property damage over the last decade in South Korea, government data showed Sunday. Of the total casualties, 76 lives were lost in 2020 and 2022, when massive typhoons and [...]
GANGNEUNG, June 28 (Korea Bizwire) — Birds were found resilient in their old habitat despite a massive wildfire that devastated the area. A wildfire, which engulfed near Gyeongpo Lake in the northeastern coastal city of Gangneung last April, devastated 121 hectares of forest. Since then, new plants have gradually covered the devastated area in a [...]
SEOUL, June 22 (Korea Bizwire) — South Korea will invest 145 trillion won (US$112.38 billion) in nurturing the climate technology industry by 2030 and extend various supportive measures to achieve 100 trillion-won worth of exports in the sector, the industry ministry said Thursday. They are part of a set of strategies the government announced earlier [...]
JEJU, June 19 (Korea Bizwire) — The Korea Institute of Ocean Science and Technology (KIOST) said Sunday it will establish a marine algae foundry capable of producing five tons of spirulina annually. The project, currently under government review, will involve setting up a farming facility spanning 3,300 square meters of land on Jeju Island. The [...]
SEOUL, June 19 (Korea Bizwire) — South Korean imports of Japanese seafood sank more than 30 percent last month, data showed Monday, amid concerns over Tokyo’s planned release of contaminated water from its crippled nuclear power plant. South Korea imported 2,129 tons of fishery products from the neighboring country in May, down 30.6 percent from [...]