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Home / World / South Korea vows to be carbon neutral by 2050 in response to climate emergency

South Korea vows to be carbon neutral by 2050 in response to climate emergency



South Korean President Moon Jae-in announced that South Korea will achieve carbon neutrality by 2050, bringing it in line with other major economies.

In a policy speech to the National Assembly on Wednesday, Moon said that South Korea is one of the world’s most fossil-fuel-dependent economies and will “work with the international community to actively respond to” the climate emergency and achieve a carbon neutrality by 2050. with.

He vowed to end his dependence on coal and replace it with renewable energy as part of the Green New Deal, which is a multi-billion-dollar plan to invest in green infrastructure, clean energy and electric vehicles.

South Korea is the latest major economy committed to zero emissions. The European Union set similar goals last year, and Japan followed suit this week. China stated in September that it would achieve carbon neutrality by 2060.

Moon’s announcement is in line with the recommendations made by his ruling party before the April National Assembly elections.

Its “Green New Deal”

; calls for ending financing for overseas coal-fired power plants, and starting to impose carbon taxes, establish urban forests, recycle, and lay the foundation for new renewable energy sources and establish low-carbon industrial parks.

Activists welcomed Moon’s announcement, but warned that South Korea is the International Energy Agency (International Energy Agency) data and in 2017 was the world’s seventh-largest carbon dioxide emitter. South Korea will have to change its energy policy to achieve the opportunity to achieve the zero emission milestone.

Joojin Kim, managing director of Seoul-based NGO “Our Climate” Solutions, said in a statement: “South Korea has finally taken a step towards a reduction path compatible with the Paris climate agreement goals.”

“However, there is still a lot of work to be done to make this statement truly meaningful. The most urgent task is to increase its emission reduction targets for 2030, put forward a clear road map, phase out coal by 2030, and completely stop coal financing. .”

Jude Lee of Greenpeace East Asia stated that Moon’s pledge is “another important step forward. We hope this important pledge will lead to a rapid shift of South Korean industry from fossil fuels to 100%. Renewable energy-based system.”

About 40% of South Korea’s electricity comes from coal, and renewable energy is less than 6%. It still has seven coal-fired power plants under construction. According to “Our Climate Solutions”, it is also one of the three major public financing institutions for overseas coal power projects (mainly in Asia).

King said the country will strive to achieve net zero emissions “without fundamental changes in energy policies.” “South Korea must immediately stop building new coal-fired power plants and begin to replace the existing coal-fired fleet with renewable energy.”


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