2010/11/21

Fwd: South Korea Aims to Start Up Two Carbon Capture Plants by 2020

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South Korea Aims to Start Up Two Carbon Capture Plants by 2020
2010-11-21 21:00:00.1 GMT


By Shinhye Kang
Nov. 22 (Bloomberg) -- South Korea, Asia's fourth-biggest
polluter, aims to begin commercial operations at two carbon
capture and storage plants by the end of the next decade to help
reduce greenhouse gas emissions.
The nation will develop two 100-megawatt carbon capture
demonstration projects that will start up in 2014, and
commercial operations can be expected by 2020, the Ministry of
Knowledge Economy said in an e-mailed statement today.
South Korea said in November last year that it plans to
voluntarily cut emissions by 30 percent by 2020 under a
"business as usual" scenario. The target corresponds to a 4
percent reduction from 2005 levels, according to Green Korea
United, a non-profit group.

For Related News and Information:
Top environment news page: GREEN <GO>
Most-read climate-change stories: MNI CLIMATE <GO>
South Korea's energy statistics: ENST <GO>
Top energy stories: ETOP <GO>

--Editors: Ryan Woo.

To contact the reporter on this story:
Shinhye Kang in Seoul at +82-2-3702-1638 or
skang24@bloomberg.net

To contact the editor responsible for this story:
Amit Prakash at +65-6212-1167 or
aprakash1@bloomberg.net.