SEOUL, July 29 (Korea Bizwire) — The government has revised the weighted value of renewable energy certificates (RECs) upward significantly as part of efforts to speed up the prevalence of offshore wind energy. According to the revision that the Ministry of Trade, Industry and Energy implemented from Wednesday, the basic weighted value for offshore wind [...]
SEOUL, July 28 (Korea Bizwire) — Large companies in South Korea have more than halved their air pollutant emissions over the past five years amid the government’s anti-coal policies, a corporate tracker said Wednesday. Air pollutant emissions by 166 plants of 77 large businesses came to 139,112 tons in 2020, down 56 percent from 316,013 [...]
SEOUL, July 26 (Korea Bizwire) – SK Global Chemical Co., a chemical affiliate of South Korea’s energy giant SK Innovation Co., has announced that it is reusing bale silage plastic as upcycled bags for petrochemical products. Bale silage, the ‘giant marshmallows’ lying in fields, refers to bales of hay or other crops wrapped in multiple [...]
SEOUL, July 22 (Korea Bizwire) — The state-run National Institute of Environmental Research (NIER) said Wednesday that it had carried out a study to measure air pollution using pine needles and succeeded in standardizing this measurement method. The study was based on the premise that plant leaves can absorb heavy metallic air pollutants such as [...]
SEOUL, July 21 (Korea Bizwire) — Oyster and shellfish waste that have become an environmental concern due to lack of processing methods will be recycled at a steel mill. Hyundai Steel Co., South Korea’s second-biggest steelmaker, said Tuesday that it will use the lime powder made by processing shellfish and oyster shells for the sintering [...]
SEOUL, July 12 (Korea Bizwire) — South Korea experienced three to four more days of heat waves and tropical nights per year during the past decade than it did during the past 48 years, data from the Korea Meteorological Administration showed Monday. Heat wave days from 2011 to 2020 averaged 14 days per year, up [...]
SEOUL, July 9 (Korea Bizwire) — South Korean companies are underperforming when it comes to addressing climate change, an international environmental group said Thursday. Greenpeace asked 100 subsidiaries of 10 major conglomerates in the country about their usage of renewable energy and plans on fully replacing electricity with renewable energy to come up with an [...]
SEOUL, July 9 (Korea Bizwire) — The U.N. nuclear watchdog has formed a team of experts, including a South Korean researcher, to monitor Japan’s planned discharge of treated water from its crippled Fukushima nuclear power plant, the government said Friday. Kim Hong-suk, a nuclear expert from the Korea Institute of Nuclear Safety (KINS), joined the [...]
DAEJEON, July 8 (Korea Bizwire) — The state-run Korea Institute of Geoscience and Mineral Resources has developed new technology that can extract magnesium from condensed water (seawater condensed with salinity removed) as well as reducing emissions of carbon dioxide generated during the desalination process. The amount of condensed water generated during the desalination process in [...]
SEOUL, July 8 (Korea Bizwire) — South Korean logistics giant CJ Logistics Corp. has signed a deal with two of its clients to launch a new project aimed at promoting the reuse of waste plastics to reduce carbon emissions. Lock&lock Co., a Seoul-based plastic containers maker, and A Twosome Place, a major coffee shop franchise, [...]