South Korea now turn to join GHG climate change, China and Japan in setting a deadline to zero-out carbon emissions.
President Moon Jae-in said during a speech in parliament on Wednesday. His pledge comes after the nation revealed a 42.7 trillion won ($38 billion) plan, known as the Green New Deal to boost low-carbon power sources and foster green industries amid an effort to triple renewable electricity generation by 2025.
The Asian country is targeting to become carbon neutral by 2050.
Japan’s government will next week pledge to reduce greenhouse gas emissions to net zero by 2050.
Addressing Japan’s Parliament, Mr. Suga called for the country to “be carbon neutral in 2050,” declaration that drew loud applause from lawmakers. Achieving that goal will be good not only for the world, he said, but also for Japan’s economy and global standing.
EU, Britain and China have already set similar targets for net-zero greenhouse gas emissions
Japan to go net zero and deliver a carbon-free society by 2050 ,hence Japan to cut red tape to encourage the building of geothermal, solar and wind energy capacity in national parks.
China next FYP five year plan next week bring feature national economy at its priority.
Chinese government plans to reach its newly announced target of zero net carbon emissions by 2060. Previous plans have emphasized the need for China to promote technology innovation self-sufficiency including in the important area of energy as well as to set targets for non-fossil energy, energy efficiency, coal caps, and carbon intensity. New energy technology, including electric and automated cars, renewable energy, and batteries, featured widely in China 2025, the country’s widely disseminated industrial plan. China’s 12th FYP targeted new energy vehicles as one of seven strategic industries, allocating billions of dollars to their development and promotion.