“This [cutting carbon emissions by 40 percent from 2018 levels by 2030] is a bold objective that was raised by about 14 percentage points from the previous target. This is a very challenging task of having to steeply reduce greenhouse gases in a short period of time. It is not an easy task, but South Korea has decided now is the time to act. Following the inauguration of our government, eight coal-fired power plants were shut down. By the end of this year, two additional plants are scheduled to close. We will put a complete end to coal-fired power generation by 2050. Moreover, official financial support for the construction of new coal-fired power plants overseas has already been suspended.”
01 Nov 2021
3
5
Read More