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Clean Power south korea energy investment

Published on April 3rd, 2012 | by Zachary Shahan


Clean Energy Policy News (5 Stories)

Some recent climate and clean energy policy news from the corners of the interwebs:

1. The “Hubei Province has started preliminary work with current investment of 8.5 million Yuan ($1.34 million) to set up 13 research groups on the carbon emissions trading study.”

2. Beijing’s electronic exchange for its pilot carbon trading scheme has officially been launched. “The carbon emission trading will officially start in 2013.”

3. EPA administrator Lisa Jackson met with “environmental leaders from more than 40 nations to discuss the Agency’s international efforts on urban sustainability” in Paris last week.

4. South Korea is planning to invest $1 billion in its energy sector in 2012, largely in clean energy.

“South Korea will invest 1.08 trillion won (around 1 billion U.S. dollars) into research and development (R&D) for energy industry this year in a bid to secure fresh energy resources and brace for the possible accidents involving nuclear power plants, the economy ministry said…

“The funds will be spent for 19 energy projects divided into four divisions, including the development of energy resources, renewable energy development, nuclear power generation and radioactive waste treatment, according to the Ministry of Knowledge Economy.”

5. US airlines have dropped a lawsuit against the EU’s new law which charges airlines for their carbon emissions, but that’s not because the battle is over. The airlines are apparently hopeful that the US government will take up the matter for them.

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About the Author

is the director of CleanTechnica, the most popular cleantech-focused website in the world, and Planetsave, a world-leading green and science news site. He has been covering green news of various sorts since 2008, and he has been especially focused on solar energy, electric vehicles, and wind energy for the past four years or so. Aside from his work on CleanTechnica and Planetsave, he's the Network Manager for their parent organization – Important Media – and he's the Owner/Founder of Solar Love, EV Obsession, and Bikocity. To connect with Zach on some of your favorite social networks, go to and click on the relevant buttons.

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