SEOUL, Feb. 18 (Korea Bizwire) — South Korea said Thursday the accumulated number of eco-friendly cars running in the country will reach 7.85 million by 2030, in line with its vision to go fully carbon-neutral by 2050. The target will mark a sharp rise from 820,000 units tallied in the previous year, according to the [...]
SEOUL, Oct. 6 (Korea Bizwire) — Shares of solar and wind power companies in South Korea have more than doubled thus far this year, the local bourse operator said. The Korea Exchange announced that on the basis of closing prices on Sept. 29, the share prices of the 11 companies recommended by more than three securities [...]
SEOUL, Aug. 20 (Korea Bizwire) — The Ministry of Environment has signed an agreement with the Korea Environment Corp. and other sub-agencies to create a support group to successfully carry out the government’s Smart Green City Project. The Smart Green City Project is a part of the Green New Deal initiative led by the government. [...]
SEOUL, July 8 (Korea Bizwire) — Seoul Mayor Park Won-soon on Wednesday unveiled a plan aimed at making South Korea’s capital carbon neutral by 2050, such as eventually banning internal combustion engine-powered cars and capping emissions at big buildings. The plan is part of the city’s efforts to go greener. The city aims to cut [...]
Amsterdam, the Netherlands, Feb. 25 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, is another step closer to becoming carbon-neutral in its own operations in 2020, with its US and Dutch facilities now 100%-powered by renewable electricity. This action on CO2 emissions reduction contributed to a fall in Philips’ operational carbon [...]