South Korea

South Korean steelmaker POSCO has established a new subsidiary for clean energy, which it has picked as a future growth engine.
Read Full Story It appears China’s chronic pollution problems are a great leveler, removing rancor and hubris from diplomatic exchanges with South Korea and Japan. It is by no means all peace and harmony but working-level officials from the three countries put discord aside in Beijing last week during their first policy dialogue session on the pressing pollution problem.
Gyeonggi Green Energy has completed develop of the world’s largest fuel cell park on a two-hectare site in the Hwaseong, Gyeonggi Province, South Korea. The 58.8-MW facility, which took 13 months to build, provides baseload electricity to the national grid as well as heat to the local community.
South Korea’s ambitious carbon emissions trading scheme (KETS), which is due to start operation at the beginning of next year, may yield a carbon price of USD93 per tonne of CO2 according to an analysis by Thomson Reuters Point Carbon.
The Korea Exchange has landed the rights to manage South Korea’s emissions trading platform when it launches on Jan. 1, 2015, the Ministry of Environment announced.
Greenpeace protests about South Korea's nuclear plans
January 14, 2014
South Korea’s energy ministry today announced changes to the country’s energy policy that cut the role of nuclear power in the country’s future energy mix. The plan is to reduce the country's reliance on nuclear power to 29 percent of total power supply by 2035, down from an originally planned 41 percent by 2030.
South Korea will fire up its long-discussed carbon exchange market in 2015, a representative of the country’s Finance Ministry confirmed yesterday.
The production and trade in sustainable timber products in Southeast Asia is mostly “a mirage” due to questionable forestry practices and loopholes in import regulations, alleges a new report from Friends of the Earth International.
Read Full Story What started with a few bogus safety certificates for cables shutting a handful of South Korean nuclear reactors has snowballed, with 100 people indicted and Seoul under pressure to rethink its reliance on nuclear power.
Urban flooding in China
October 17, 2013
About 12 million people in 23 East Asian cities are at risk from rising sea levels, severe storms, and more intense drought caused by climate change that could jeopardize USD864 billion in assets, a new report from the Asian Development Bank (ADB) warns. Economics of Climate Change in East Asia notes that while climate adaptation investments can be large, the aggregate cost to protect the most vulnerable sectors - infrastructure, coastal protection, and agriculture - would be less than 0.3 percent of East Asia’s gross domestic product every year between 2010 and 2050.