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S. Korea to Spend 86.6 Bln Won to Advance Climate Technology in 2018

SEOUL, Jan. 15 (Korea Bizwire) — South Korea’s science ministry said Monday it will invest 86.6 billion won (US$81.5 million) this year to develop climate-related technologies to curb carbon gas emissions. The Ministry of Science and ICT said it designated two new sectors in 2018 to secure related technologies to better combat climate change. The [...]

Business Interest Groups Complain over Cost for Pollution Gas Cap-and-trade Scheme

SEOUL, July 16 (Korea Bizwire) – Five months ahead of the upcoming implementation of the greenhouse gas cap-and-trade scheme, business interest groups demanded the government to postpone the implementation time scheduled to begin in January next year. Korea’s 23 economic interest groups including the Federation of Korean Industries and the Korea Chamber of Commerce & industry held on July [...]