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South Korea delays smog tax; starts emission trading in 2015 - finance minister
2014-09-02 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: South Korea has delayed a proposed tax on vehicle carbon emissions by over five years to the end of 2020, but confirmed it would push ahead with plans to begin its carbon emissions trading scheme from the start of 2015, finance minister Choi Kyung-hwan said on Tuesday. The finance ministry said in a meeting with other ministers that the so-called smog tax, which has already been postponed by more than two years, would place too much of a burden on industry if it was launched at the same time as...
Alstom bags HDVC contracts in India, South Korea and Canada
2014-08-26 01:00:00| Power Technology
Alstom Grid has secured three high voltage direct current (HVDC) contracts, carrying a total value of approximately 800m.
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South Korea looks forward to more success stories in India
2014-08-19 06:53:23| Steel - Topix.net
Lee Joon-gyu is a seasoned diplomat. Immediately after he completed his Masters in Law from Seoul National University, Korea, in February 1979, Joon-gyu passed his High Diplomatic Service Examination and joined the Ministry of Foreign Affairs in his country.
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South Korea carbon market to go ahead as planned
2014-08-14 07:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: South Korea decided on Thursday that its carbon trading market will go ahead as planned on Jan. 1 of next year, despite the finance minister's calls last month for it to be delayed. South Korea's scheme - the government's key policy to meet its targets of cutting greenhouse gas emissions in 2020 to 30 percent below business-as-usual levels - will be the world's second biggest carbon market when it launches. As proposed, the scheme will cap greenhouse gas emissions from over 400 of the country's...
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South Korea fails to identify fugitive ferry owners cause of death
2014-07-25 01:00:00| Ship Technology
South Korean investigators have failed to determine the cause of death of fugitive Yoo Byung-eun, who was wanted for questioning in connection with the Sewol ferry disaster that killed more than 300 people earlier this year.
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