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S. Korean gov't announces blueprints for carbon neutrality by 2050 Updated: 2021-08-05 17:14:51 KST

It's an ambitious plan for the next 30 years.
South Korea emitted more than 727 million tons of greenhouse gases in 2018, making it the 5th largest emitter among the OECD member countries.
To make that close to zero tons by 2050, on Thursday, the presidential committee on carbon neutrality unveiled the first draft of three policy blueprints, each covering different proposals for reaching this goal.

"The Committee has established a vision for building a 'safe and sustainable society free of climate crises,' and we have created scenarios based on the five principles of responsibility, inclusiveness, fairness, rationality and innovation."

Under the first scenario, greenhouse gas emissions are to be reduced by ( 1) 96.3 percent compared to the level in 2018.
( 2) Also, it aims to make full use of already-existing coal-fired power plants while pursuing an energy transition using key technologies.
This scenario calls for the proportion of electric and hydrogen cars in the country to reach 76 percent.
The second scenario aims to eliminate, ( 1)97.3 percent of all greenhouse gas emssions.
( 2) All coal-fired power stations will be closed, but liquefied natural gas development will continue. Also, people's daily energy consumption will be significantly altered.
Under scenario 3, ( 1)net greenhouse gas emissions will be reduced by 100 percent.
( 2)There will be a complete suspension of coal and LNG development, and these will be replaced by green hydrogen technology.
Also the proportion of electric and hydrogen cars supplied among all vehicles in the country will be 97 percent.
However, the plan has been criticized by many who say Korea's economy is built around manufacturing, and so reducing carbon emssions so drastically would lower its competitive edge.
The government will come up with a final plan in October after collecting public opinion and feedback from the business and labor communities.
Eum Ji-young, Arirang News.
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