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S. Korea Decides to Lower Emission Reduction Target for Industrial Sector

S. Korea Decides to Lower Emission Reduction Target for Industrial Sector

SEOUL, March 21 (Korea Bizwire) — South Korea decided to lower the greenhouse gas reduction target for the industrial sector, while maintaining the overall target to reduce total emissions by 40 percent by 2030 compared with 2018 levels, a presidential commission said Tuesday. Under the adjusted target by sectors, the industrial sector will be required [...]

Seoul Sees Industrial Greenhouse Gas Emissions Drop During Pandemic, but Household Emissions Grow

Seoul Sees Industrial Greenhouse Gas Emissions Drop During Pandemic, but Household Emissions Grow

SEOUL, May 10 (Korea Bizwire) — The city of Seoul saw greenhouse gas emissions by the industrial and transportation sectors decline during the first two years of the COVID-19 pandemic while emissions by households increased, officials said Tuesday. The estimated total greenhouse gas emissions in the city reached 45.46 million tons last year, down 0.3 [...]

HMM Moves to Reduce Greenhouse Gas Emissions from Ships

HMM Moves to Reduce Greenhouse Gas Emissions from Ships

SEOUL, Aug. 21 (Korea Bizwire) — South Korea’s leading shipper HMM Co. is stepping up efforts to reduce the emission of greenhouse gases from its ships. HMM signed a memorandum of understanding (MOU) with the Korea Bio Energy Association, Hyundai Heavy Industries Co., Korea Shipbuilding & Offshore Engineering Co., and the Korean Register of Shipping [...]

Air Pollutant Emission-cap System to be Expanded Nationwide

Air Pollutant Emission-cap System to be Expanded Nationwide

SEOUL, April 2 (Korea Bizwire) — South Korea’s air pollutant emission-cap management system, which has been enforced in Seoul since 2008 to manage the capital’s air quality, will be expanded to cover almost all parts of the country this week, the Ministry of Environment said Thursday. The emission-cap system allocates yearly emission allowances to workplaces, [...]

Gov’t Aims to Slash Greenhouse Gas Emissions 32 pct by 2030

Gov’t Aims to Slash Greenhouse Gas Emissions 32 pct by 2030

SEOUL, Oct. 22 (Korea Bizwire) — South Korea’s government finalized a goal of reducing greenhouse gas emissions by 32 percent from 2017 levels by 2030, the Ministry of Environment said Tuesday. As part of the efforts to cut down greenhouse gases blamed for global climate change, the government aims to increase the cumulative supply of [...]

Chemical Firms Suspected of Manipulating Fine Dust Emission Data

Chemical Firms Suspected of Manipulating Fine Dust Emission Data

SEOUL, Apr. 17 (Korea Bizwire) — Chemical companies are alleged to have colluded with air pollutant measurement firms to manipulate data on emissions of fine dust, the environment ministry said Wednesday. A total of 235 chemical factories located in the Yeosu industrial complex were found to have plotted with four measurement agencies in rigging data [...]

UPDATE: McDonald’s Becomes the First Restaurant Company to Set Approved Science Based Target to Reduce Greenhouse Gas Emissions

UPDATE: McDonald’s Becomes the First Restaurant Company to Set Approved Science Based Target to Reduce Greenhouse Gas Emissions

OAK BROOK, Ill., March 20, 2018 (Korea Bizwire) — Today, McDonald’s announces it will partner with franchisees and suppliers to reduce greenhouse gas emissions related to McDonald’s restaurants and offices by 36% by 2030 from a 2015 base year in a new strategy to address global climate change. Additionally, McDonald’s commits to a 31% reduction [...]