business-as-usual Archives | Be Korea-savvy
FKI Urges Gov’t to Ease Greenhouse Gas Emission Goal

FKI Urges Gov’t to Ease Greenhouse Gas Emission Goal

SEOUL, May 13 (Korea Bizwire) — A major business lobby in South Korea called on the government Wednesday to lower its reduction target for greenhouse gas emissions, saying that it is “impossible” to achieve. The government earlier proposed cutting greenhouse gas emission by 30 percent from business-as-usual (BAU) levels by 2020. It plans to submit its [...]

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

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 [...]