SEOUL, March 23 (Korea Bizwire) – Air pollution costs South Korea more than 10 trillion won (US$8.9 billion) a year in lost production and other damages, with the figure feared to nearly double in about 40 years, data showed Thursday. Air pollution causes direct and indirect damage across the board by not only harming people’s [...]
SEJONG, Jan. 11 (Korea Bizwire) – South Korea will inject a fresh 15 billion won (US$12.5 million) worth of greenhouse gas emissions rights in the trading market this year as part of its efforts to encourage businesses to join the carbon trading system, the finance ministry here said Wednesday. A government panel chaired by Vice [...]
SEOUL, Jan. 3 (Korea Bizwire) – South Korea suffered severe fine dust levels for the first three days of the new year, with the capital Seoul even issuing on Monday a warning for ultrafine particles for the first time since November 2015. Warnings are typically issued when the average hourly concentration of ultrafine particles reaches [...]
SEOUL, Dec. 19 (Korea Bizwire) – The Seoul city government said Monday that contaminants detected in underground water tables near a U.S. Forces Korea (USFK) garrison in the capital city were 500 times higher than normal standards. The Seoul Metropolitan Government said an average of 0.532 milligrams per liter of benzene was found around Noksapyeong [...]
SEOUL, Nov. 28 (Korea Bizwire) – Greenhouse gas emissions in South Korea were reduced by 0.8 percent in 2014 compared to a year earlier, marking the first time in 18 years for the figure to decline, the government said Sunday. The Greenhouse Gas Inventory & Research Center of Korea (GIR) said the emissions recorded 690 [...]
SEOUL, Nov. 11 (Korea Bizwire) – The South Korean government said Friday that it plans to develop the technology to cut fine dust particle levels in the air by 50 percent by 2023. The Ministry of Science, ICT and Future Planning released a plan as dust particles have become a source of major health concern. [...]
SEOUL, Aug. 9 (Korea Bizwire) – The health implications due to the poor environment in Korea’s capital and most populated city are becoming increasingly concerning. And while Seoul’s metropolitan government continues to set out new policies to alleviate the city’s pollution problem, a recent analysis by The Seoul Institute revealed that over 15 percent of [...]
HAMAN, South Korea, July 29 (Korea Bizwire) – The Nakdong River is the longest river (510km) in South Korea, and passes through the two biggest southeastern cities, Daegu and Busan, functioning as an important water source on the peninsula. But a recent study revealed that some parts of the river have become deeper in recent [...]
SEOUL, July 27 (Korea Bizwire) – Diesel cars have been at the center of attention recently, primarily due to the official investigation into Audi-Volkswagen Korea’s fraudulent emissions reporting. Diesel emissions have also been identified by the Korean government in May as major producers of fine dust and ozone, and a potential health risk. Seoul Metropolitan [...]
SEJONG, July 1 (Korea Bizwire) – The South Korean government said Friday it will inject 5 trillion won (US$4.35 billion) into encouraging the use of eco-friendly vehicles to bring down fine dust particle levels in the air that have emerged as a source of concern here. The government will spend 3 trillion won on pushing [...]