Korea Will Launch Cap-And-Trade in 2015
Last week the South Korean National Assembly passed legislation to start a cap-and-trade system by 2015 to reduce greenhouse gas emissions and increase renewable energy.
Last week the South Korean National Assembly passed legislation to start a cap-and-trade system by 2015 to reduce greenhouse gas emissions and increase renewable energy.
Green technology will catch on even more rapidly in Korea if President Lee Myung-bak has his way; another clean energy R&D center will open later this year outside Seoul.
While a commitment to Korean unification was part of Lee’s message, Korea’s launch of a Green Growth Alliance was at center stage during his trip last week.
Two events occurred after I left Korea that I wished I could have witnessed. First, the 2002 World Cup, though being there in 1996 when Korea the bid with Japan was interesting for Koreans’ collective angst at having to settle for co-hosting that extravaganza. Second, last week much of Korea was buried in 10 inches [...]