Hyundai Motor Company, South Korea’s largest automaker, is to install the nation’s largest rooftop PV power plant at its manufacturing factory in the city of Asan, on the northern outskirts of Seoul.
China, South Korea and Japan say they will enhance trilateral co-operation to cope with global and regional environmental issues, particularly in air pollution in Northeast Asia.
The United States has agreed to actively support South Korea which is seeking to export its nuclear power plants, although government sources also say the countries have failed, at least for now, to renew their bilateral accord on civilian nuclear cooperation.
Institutions from South Korea and Scotland have signed the countries’ first strategic agreement yesterday to jointly develop carbon capture and storage (CCS) technology.
An investigation into 300 firms has revealed that more than half have disposed of chemical waste without proper authorization, according to South Korea’s Environment Ministry.
South Korea has announced a complex set of plans to change how it subsidizes renewable energy.
According to Bloomberg, the Ministry of Knowledge Economy released a statement that outlined how a certain amount of subsidies will be paid depending on the renewable source and its energy yield rather than a set ratio of subsidies in excess of base tariffs.
This report by the World Bank spells out what the world would be like if it warmed by 4 degrees Celsius, which is what scientists are nearly unanimously predicting by the end of the century, without serious policy changes.
Companies in Asia reveal expectations that regulations that could lead to rising costs for reporting and reducing GHG emissions will also be the main sources of climate-related business opportunities.
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