S.Korea commits to 'challenging goal' of cutting emissions to 40% of 2018 levels by 2030
The Peninsula
SEOUL: South Korea on Monday officially committed to reducing national carbon emissions by 40% of 2018 levels by 2030 ahead of the upcoming U.N. COP26 climate summit in Glasgow, a "very challenging target" compared to an initial 26.3% goal.
Last year, President Moon Jae-in pledged the country would be carbon neutral by 2050 and unveiled a Green New Deal to create jobs and help the economy recover from the coronavirus pandemic.
South Korea is one of the world’s most fossil-fuel reliant economies, with coal making up over 41% of the country’s electricity mix and renewable power just over 6%.
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