South Korea Announces Greenhouse Gas Reduction Target

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China Drying Newsletter The Korean Ministry of Knowledge Economy announced the 2013 greenhouse gas reduction plan and issued emission reduction targets to 377 companies. It is reported that with carbon dioxide as a standard, South Korea's greenhouse gas emissions in 2013 is expected to reach 570 million tons, South Korea plans to limit emissions of 553 million tons, industrial and power generation 377 companies to reduce emissions of 17.2 million tons, a decrease of 3.02% The emission reduction is 2.1 times this year.

In 2013, the country’s greenhouse gas emissions in the industrial sector is expected to be 318 million tons. According to the emission reduction targets, the limit emission target is 309 million tons and emission reductions are 9.5 million tons, equivalent to the introduction of 5.5 million electric vehicles. Greenhouse gas emissions from power generation are estimated at 252 million tons, with a limit of 245 million tons and emission reductions of 7.6 million tons.

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