SEOUL, Nov. 10 (Korea Bizwire) — A presidential commission said Monday it has approved a goal to reduce South Korea’s greenhouse gas emissions by 53-61 percent from 2018 levels by 2035 in a bid to accelerate the transition to carbon neutrality while enhancing industrial competitiveness. The Presidential Commission on Carbon Neutrality and Green Growth said [...]
SEOUL, April 27 (Korea Bizwire) — Coupang announced on April 27 that it has established a new recycling system to repurpose expired “Rocket Fresh Bags,” using their plastic components to manufacture cargo pallets. Introduced in March 2020, Rocket Fresh Bags are reusable insulated bags designed to deliver fresh food while minimizing environmental impact. Made from high-strength [...]
SEOUL, Dec. 27 (Korea Bizwire) — South Korea’s Meteorological Administration released a stark warning on December 26 about the future of marine environments around the Korean Peninsula, projecting significant changes in ocean temperatures, sea levels, and marine conditions by 2100 without substantial carbon reduction efforts. The high-resolution marine climate change scenario, developed in collaboration with research [...]
SEOUL, Sept. 9 (Korea Bizwire) — South Korea’s industry ministry said Thursday it plans to spend 95 billion won (US$81.5 million) to develop new solutions to cut the emission of carbon at local factories, in line with the country’s vision to go carbon neutral by 2050. The budget will be allocated to research projects for [...]
SOCHI, Russia, Feb 04, 2014 (Korea Bizwire) – The Sochi 2014 Olympic Winter Games is the first Games in history to mitigate the entire direct carbon footprint of its Organizing Committee prior to the Opening Ceremony. Sochi 2014 officially announced today that over 520,000 metric tons (MT) of CO2 equivalents have already been mitigated through the “Sustainable [...]