South Korea plans to become the world's seven "green powers" by the end of 2020

July 05 18:01:34, 2018

The South Korean government recently established a series of indicators for the development of "green energy," and plans to establish "Environmental Energy City" and "Green Village" in an effort to make Korea among the world's seven "green giants" before the end of 2020. The South Korean government stated that it will formulate a national long-term greenhouse gas emission reduction target by the end of this year, and carry out emission reductions in stages from next year; this year, the pilot energy-related objective management system will be officially implemented from next year; from 2011 onwards. The pilot implementation of the "carbon emissions" trading system, formally implemented since 2012.
To increase fuel economy and reduce greenhouse gas emissions, the Korean government proposed that from 2012 to 2015, gasoline fuel efficiency will increase to 17 kilometers per liter, or greenhouse gas emissions will be reduced to less than 150 grams per kilometer. Automobile manufacturers can pick one of two. The South Korean government requires that by 2015, all new production vehicles must meet one of the standards or they will be fined.
The South Korean government requires that by the end of 2012, South Korea must complete the complete localization of nuclear power technology and must achieve a breakthrough in nuclear power station exports; it must focus on the development of light-emitting diodes (LEDs), solar power, hybrid vehicles and other products to enable them to occupy the world market. The rate reached 8%; it is necessary to vigorously develop green transportation such as railways, and increase the transportation commitment rate of public transportation to 55%.
The South Korean government also plans to carry out "waste-to-energy" activities in metropolitan areas such as the Capital Circle and Busan, making full use of discarded resources, and establishing 14 "Environmental Energy Cities" throughout the country by 2012; by 2020, 600 agricultural use of by-products will be achieved. 40% self-sufficient "low carbon green village".
According to the Korean government’s plan, the construction of a “green village” at this stage and the full utilization of waste, wind power, and sunlight for energy development will require a huge investment of 26.5 billion won (1 US dollar is equivalent to 1275 won), and will be demonstrated first. The method of re-promotion is gradually implemented. Government officials said that this will be South Korea's second "new rural movement."
In order to develop new energy sources, the Korean government plans to plant not only trees in the mountains, but also afforestation of 1.27 million hectares in 2013. It is also necessary to “reforest” the sea, and 7,000 hectares of seaweed organisms are cultivated offshore on the degraded East Coast and Jeju Island. . The Korean government plans that by 2020 South Korea can rely on forests and seaweeds to produce 2.27 billion liters of biofuels, equivalent to 20% of South Korea's gasoline consumption.
The South Korean government made a calculation: In order to develop new energy, the accumulated investment will reach 5.6 trillion won by 2013 and 10.4 trillion won by 2020. By that time, the economic value created will reach 15.2. One trillion won and create 183,000 jobs.