SEOUL, Nov. 3 (Korea Bizwire) — South Korea’s large companies have cut their greenhouse gas emissions by more than 9 percent over the past two years in an effort to cope with global environmental regulations, a corporate tracker said Wednesday. The volume of greenhouse gases emitted by 197 big businesses in Asia’s fourth-largest economy came [...]
SEJONG, Oct. 24 (Korea Bizwire) — South Korea’s antitrust regulator said Sunday it has decided to order Nissan Motor Corp., Porsche AG and their two Korean units to take corrective steps for falsified information over gas emissions of their diesel cars. Nissan Motor, Nissan Korea, Porsche and Porsche Korea are alleged to have stated false [...]
SEOUL, July 2 (Korea Bizwire) — Despite the decrease in greenhouse gas emissions resulting from the outbreak of the coronavirus, the density of carbon dioxide (CO2) in the atmosphere above the Korean Peninsula has exceeded its previous high. According to a report released on Thursday by the Korea Meteorological Administration (KMA), the density of carbon [...]
SEOUL, June 8 (Korea Bizwire) — Greenhouse gas emissions fell by 7.3 percent last year from 2019, the first time there has been a decrease for two consecutive years, the environment ministry said Tuesday. The ministry’s Greenhouse Gas Inventory and Research Center said total emissions last year are estimated at 648.6 million tons, down 7.3 [...]
SEOUL, March 4 (Korea Bizwire) — The Ministry of Environment announced Wednesday the introduction of a new bill that will require Internet of Things (IoT) measuring devices to be installed at sites of major greenhouse gas emissions. Once the bill takes effect, businesses categorized as sites of smaller amounts of greenhouse gas emissions (Types 4 [...]
SEOUL, Dec. 23 (Korea Bizwire) — Hyundai Steel Co., South Korea’s No. 2 steelmaker, has developed the world’s first technology to fully block air pollutants emitted from blast furnaces, successfully introducing them to the actual steelmaking process. The company said Tuesday it had installed clean gas valves for furnace shutdowns or re-feeding hot blasts to [...]
SEOUL, Dec. 8 (Korea Bizwire) – South Korea’s public sector aims to reduce greenhouse gas emissions over the coming decade by 37.5 percent from the 2017 level, the environment ministry said Tuesday. The new target is designed to support the Moon Jae-in government’s plan to achieve carbon neutrality by 2050, which means to effectively reduce [...]
SEOUL, Nov. 26 (Korea Bizwire) — South Korea said Thursday it plans to reduce the operation of some coal-powered plants over the winter in line with efforts to cut the emission of fine dust. Under the plan, the country will halt the operation of from nine to 16 coal-powered plants over the season, according to [...]
SEOUL, Nov. 19 (Korea Bizwire) — The Seoul city government said Thursday its energy saving program reduced greenhouse gas emissions by over 247,000 tons from April through September. Members of Seoul’s “Eco-Mileage” program reduced carbon dioxide emissions by 247,137 tons, up 70 percent from the same period last year, creating the same effect as planting [...]
SEOUL, Oct. 27 (Korea Bizwire) — South Korean shipyards are likely to win more orders next year as toughened environment regulations may prod clients to resort to local shipbuilders, which have a competitive edge in eco-friendly vessels, a report said Tuesday. Their combined new orders are estimated at 10 million compensated gross tons (CGTs) worth [...]