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South Korea – Carbon Neutrality Initiatives
Sources:
International Trade Administration
Date:
5 December 2023
This website discusses South Korea’s energy landscape, emphasizing efforts to achieve carbon neutrality. It covers government initiatives, including converting coal to LNG plants and transitioning industries to low-carbon structures. Key components include the 3rd Energy Master Plan, aiming to reduce total energy consumption, and the 10th Basic Plan on Electricity Supply and Demand, outlining a power generation mix. The site highlights Korea’s commitment, expressed in the revised NDC, to a 40% reduction in carbon emissions by 2030.