The South Korean President, Moon Jae-in, has formally pledged that the country will become carbon neutral by 2050. This commitment to achieving net-zero emissions within the next 30 years is not an unprecedented step, but is in line with recent global efforts to tackle climate change.
Major world economies have now vowed to end their dependence on coal and replace it with other forms of renewable resources as part of their Green New Deal, which involves a shift towards renewable energy and energy storage systems, as well as low-carbon energy systems. In 2019, the European Union set itself a similar target, with EU leaders agreeing to make their then 28 member states carbon neutral by 2050. Japan quickly followed suit with Prime Minister, Yoshihide Suga making an ambitious pledge to accelerate the country’s global warming targets. China, the world’s largest emitter of carbon dioxide, has promised to become carbon neutral by 2060, and vowed to begin cutting its emissions within the next ten years. It must not be underestimated how bold and ambitious these targets actually are.Continue reading “The Green Transition: South Korea and Japan follow UK Pledge to Work Towards Carbon Neutrality by 2050”