The South Korean government provides COVID-19 emergency disaster relief funds to all of its citizens. It is an unprecedented amount of money that any Korean citizen can receive. The amount of funding depends on the number of household members; a household of one person can get roughly 330 U.S. dollars a month, a family of...
Since the establishment of South Korea’s new climate system in 2015, the direction of the government’s energy policy has been to achieve the twin goals of “Nuclear Phase-out” and “Fossil Fuel Phase-out.” The country seeks to foster eco-friendly future energy to promote de-fossilization. Also, achieving nuclear phase-out in a way that stops the extension of...
South Korea does not have a Carbon tax, but does have a trading system. Korean Emission Trading System (KETS) has been in operation since January 2015, becoming East Asia’s first nationwide mandatory ETS and the second-largest carbon market after the EU ETS. KETS is designed to play an important role in meeting Korea’s 2030 NDC...
Nothing is more important than breathing for survival. But even breathing is threatened in Korea. The South Korean National Assembly officially declared the fine dust issue as a ‘social disaster’ in March 2019. And in December 2019, fine dust was selected as the most important environmental issue of 2019 in a vote of citizens. According...
