SEOUL, Feb. 1 (Korea Bizwire) — The environment ministry said Monday it will focus this year on laying the foundation for carbon neutrality and bringing 300,000 low-emission cars onto roads. The 2021 policy report also included plans to further reduce the use of plastic and improve air quality. The Moon Jae-in government has vowed to [...]
SEOUL, Dec. 10 (Korea Bizwire) — President Moon Jae-in pledged a strong push for carbon neutrality “in all areas of industry, the economy, and society,” as he declared the 2050 vision in a statement broadcast live Thursday. “Carbon neutrality is a difficult but unavoidable task,” he said during the evening event, titled “Republic of Korea’s [...]
SEOUL, Dec. 7 (Korea Bizwire) — South Korea said Monday it plans to overhaul a taxation scheme related to carbon emissions and set up a fund designed to fight climate change in a bid to achieve the goal of carbon neutrality by 2050. The country also plans to accelerate the reduction of reliance on coal [...]
SEOUL, Nov. 27 (Korea Bizwire) — President Moon Jae-in announced a plan Friday to establish a presidential body on South Korea’s stated goal of going carbon neutral by 2050 as part of a “strong pan-governmental system” to push for the vision. He said the envisioned government-private organization, tentatively named the “2050 Carbon Neutrality Committee,” is [...]