Korea: Carbon neutrality plan lacks plan for carbon neutrality, say experts

Posted: April 1, 2021 by oldbrew in Critique, Emissions, Energy, government, net zero
Tags: , ,

Korea_coal

South Korean coal plant [image credit: worldcoal.com]

What a shame — but all too familiar. Attempts at climate virtue signalling are easy but trying to spell out, let alone impose, unrealistic ‘solutions’ is not.
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The push for carbon neutrality is one of the biggest policy initiatives under the Moon Jae-in administration, but energy experts say that the plan to make Korea a carbon neutral society by 2050 is both unclear and unrealistic, reports the Korea JoongAng Daily.

The science minister, industry minister and environment minister on Wednesday announced an investment strategy to fund research and development (R&D) efforts for carbon neutrality.

The basic idea of the government’s Wednesday plan is to develop technology that could reduce carbon dioxide emissions to match the amount that is produced at Korea’s industrial sites — not a small task considering that Korea’s economy is still dominated by manufacturing industries.

The government pinpointed 10 areas that could receive investments under this goal. This includes technology involved in generating power from solar and wind, hydrogen and biomass; transmission of ecofriendly fuel; reduction of carbon emissions in steelmaking, cement and petrochemical industries; and combining digital technology to increase fuel efficiency in these fields.

Start-ups that have the relevant technology will receive government support from the business development stage. Companies already engaged in such activities will be granted tax cuts and other financial benefits.

The plan sounds good on paper, but the question is: How realistic is it?

In a country where manufacturing industries are so established and coal consumption remains high, Korea would need ground-breaking technology to generate power with zero carbon emissions.

Experts say Wednesday’s blueprint is too fuzzy to bring about practical results.

“It doesn’t really say how carbon emissions can be cut,” said Roh Dong-seok, a researcher at Seoul National University’s Energy Policy Center. “The plan lacks detail and is unrealistic.”

Continued here.

Comments
  1. oldbrew says:

    Bring on the ‘ground-breaking technology’ 🙄

  2. Kip Hansen says:

    However you look at it, these points are valid and should be concentrated on: “reduction of carbon emissions in steel making, cement and petrochemical industries; and combining digital technology to increase fuel efficiency in these fields.”

    Huge gains, both in CO2 reduction and efficiency could be achieved and ought to be sought.

  3. ivan says:

    Very simple – just build advanced nuclear power plants, no CO2 emissions to worry about and if they do it right those power plants could be rolling off the production line and also be on sale to the rest of the world.

  4. oldbrew says:

    Korea makes lots of SUVs…

    MARCH 31, 2021
    IEA chief: World has ‘no chance’ at climate goals if people keep buying SUVs

    https://www.upi.com/Top_News/World-News/2021/03/31/britain-iea-climate-change-goals-suvs/2421617190876/

    So many snags to carbophobia. As most so-called ‘greenhouse gas’ is water vapour anyway, what difference do they think they could make by trimming a trace gas, even if their flaky climate theories were found to have merit?

  5. Gamecock says:

    ‘The government pinpointed 10 areas that could receive investments under this goal. This includes technology involved in generating power from solar and wind, hydrogen and biomass; transmission of ecofriendly fuel; reduction of carbon emissions in steelmaking, cement and petrochemical industries; and combining digital technology to increase fuel efficiency in these fields.’

    Like no one is working on it already. And have been for many years. They are reading from a 20 year old play book.

    ‘Friends of Moon Jae-in will receive government support from the business development stage. Companies already engaged in such activities will be granted tax cuts and other financial benefits.’

    Fixed it. It’s the Barack plan. Give out big bucks to cronies, and placate the people by saying you are doing it for the planet.

    What is Solyndra in Korean?

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