South Korea

Global LNG outlook 2024-2028

Sluggish demand growth for liquefied natural gas (LNG), combined with a record increase in global export capacity through 2028, will likely thrust markets into an extended period of oversupply, according to the latest Global LNG Outlook from the Institute for Energy Economics and Financial Analysis (IEEFA). As major importing regions—including …

US $ 13.5m solar power plant coming up in Hambantota

The first Government sector solar power plant costing US$ 13.5 million will be established at Baruthakanda, Hambantota, said renewable Sustainable Energy Authority Director Athula Jayathunga. Japan and Korea are providing aid for this. The plant will contribute 900kw to the national grid. Solar power technology is important because it produces …

Green Energy Wind Power Project: Pakistan and South Korean consortium sign MoU

Pakistan and a Korean consortium of Hyundai have signed a Memorandum of Understanding (MoU) under which the companies would invest on 50 MW Green Energy Yuna Wind Power Project in Jhimpir, Sindh. According to a statement issued by the Board of Investment (BoI) here on Saturday, the Korean consortium of …

We will expedite Posco work: CM assures Lee

BHUBANESWAR: Chief Minister Naveen Patnaik has assured South Korean President Lee Myung-Bak that work relating to the Rs 54,000-crore Posco steel plant project, which has been delayed by more than a year, will be expedited. Naveen rushed to Delhi yesterday to meet Lee who has been concerned over the delay …

The New World Order

If you want to see the future of the information technology industry, South Korea is one of the best places to begin. As the world wrestles with using IT for solving industrial problems, South Korea is experimenting with IT projects that could help with some of the world

India, South Korea to discuss nuclear pact, push Posco deal

SOUTH KOREAN PRESIDENT ON FOUR-DAY VISIT TO INDIA IANS NEW DELHI/CHENNAI INDIA and South Korea will explore the possibilities of a civil nuclear pact and sign a clutch of accords in diverse areas, including IT and civilian space, when the leaders of the two countries meet here for talks Monday. …

S Korea eyes N-ties with India

President Lee Myung-Bak to be India

Alcatel leads carbon project

A consortium led by Alcatel-Lucent yesterday outlined a research programme to produce technology within five years that can cut the carbon emissions from telecoms networks by a factor of 1,000. The consortium involves leading mobile phone operators, such as AT&T;, China Mobile and Telef

EU raises stakes on emissions reductions

The European Union withdrew an offer to increase its greenhouse gas emissions reduction target on Monday because it said similar offers made by many nations in the past month were inadequate to prevent significant climate change. The tough stance is intended to spur other governments into increasing their proposed cuts …

Nanjido - a wasteland restoration into world cup park

Nanjido, an island in Republic of South Korea, at the end of the Han River was made a landfill site in 1978. Fifteen years later, the site had to be closed due to the extensive damage caused by the pollution of soil, air, surface and underground water. In 1996, the …

Developing nations plan emission cuts

Though the actions being committed by the developed countries on climate change have fallen way short of expectations, the developing countries have come up with some ambitious targets to reduce their greenhouse gas emissions notwithstanding the fact that there was little hope of any comprehensive treaty emerging from the Copenhagen …

China, South Korea Lead In Green Stimulus Investment

South Korea and China lead the world's 20 largest economies in the percentage of economic stimulus money they invest in environmental projects, the U.N. Environment Program reported on Thursday. Other members of the Group of 20 leading economic powers, including the United States, trail behind in percentage of green investment …

South Korea To Announce Emissions Targets This Year

South Korea plans this year to unveil targeted cuts in its greenhouse gas emissions by 2020, South Korean President Lee Myung-bak said on Wednesday. Speaking at the U.N. General Assembly, Lee also said his country intends to invest about two percent of its GDP in "green growth" during the next …

Targets Demand Dogs Poor Nations' Steps To Cut CO2

In the game of climate poker, developing nations might feel they have the right cards on the table in U.N. talks after ramping up efforts to curb greenhouse gas output. China, India, South Korea and other emerging economic powers have announced a series of measures this year to make their …

Steps By Developing Nations To Fight Climate Change

Major developing nations have announced steps over the past year to curb their growing greenhouse emissions as the world tries to negotiate a broader, and tougher, U.N. pact to slow the pace of climate change. Rich nations have demanded China, India, Brazil and others to set binding emissions reduction targets …

S.Korea Not Optimistic About Copenhagen Meeting

South Korea's Environment Minister Maanee Lee said on Thursday a U.N. meeting in Copenhagen may not reach an agreement, although Asia's fourth-largest economy will play a "bridging" role between developed and developing nations. In December nearly 200 nations will meet in Copenhagen to wrap a broader agreement to replace the …

Dam water the new arms in Korean war?

Deliberate Flooding By North Caused Havoc: Seoul Seoul: South Korea pressed North Korea on Monday to explain a deadly surge in a river that flows across their border from the North that killed three South Koreans and left three others missing. The level of the Imjin River suddenly doubled on …

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