×
Newsmax TV & Webwww.newsmax.comFREE - In Google Play
VIEW
×
Newsmax TV & Webwww.newsmax.comFREE - On the App Store
VIEW
Tags: Climate Change | South Korea

South Korea Aims to Cut Carbon Emissions by 40% in 2030

South Korea Aims to Cut Carbon Emissions by 40% in 2030

Monday, 18 October 2021 10:00 AM

SEOUL, South Korea (AP) — South Korea set a new goal on Monday for fighting climate change over the next decade, saying it will aim to cut its greenhouse gas emissions to 40% below 2018 levels by 2030.

The country had faced criticism that its initial plan for a 26.3% reduction was too modest. In promising stronger contributions to curb global warming ahead of a U.N. climate summit in Scotland next month, South Korean President Moon Jae-in said the new target represents the “most enthusiastic” objective the country could possibly set under current circumstances.

South Korea aims to be carbon neutral by 2050.

“Compared to advanced economies, which had already reached peak emissions in the 1990s or 2000s and were give a longer period of time to reduce their emissions, we have to reduce our greenhouse gas emissions at a much faster pace as we reached peak emission only in 2018, so the new goal is a very challenging target,” Moon said in a meeting of a presidential committee on climate goals.

The committee’s plan, which is to be formalized in a Cabinet meeting next week and presented at the U.N. COP26 summit in Glasgow, includes an aim to cut emissions from electricity generation and heating by 44.4% below 2018 levels in 2030 by reducing the country’s reliance on coal-fired plants and expanding renewable energy sources. The country is also seeking to reduce the industrial use of fossil fuel and accelerate a transition toward electric and hydrogen-powered vehicles.

Moon had promised to provide a more ambitious target for reducing carbon emissions while he participated in a virtual climate summit called by U.S. President Joe Biden in April. Moon then also said the country will no longer finance the construction of coal power plants in other nations, although his pledge didn’t effect South Korea’s participation in ongoing projects to build two new coal plants in Indonesia and another in Vietnam.

© Copyright 2021 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


GlobalTalk
South Korea set a new goal on Monday for fighting climate change over the next decade, saying it will aim to cut its greenhouse gas emissions to 40% below 2018 levels by 2030. The country had faced criticism that its initial plan for a 26.3% reduction was too modest. In...
Climate Change,South Korea
318
2021-00-18
Monday, 18 October 2021 10:00 AM
Newsmax Media, Inc.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
 
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved