Thursday, November 17, 2011

S. Korea to Invest $31 Billion by 2020 in Green-Energy Technology - Bloomberg

S. Korea Going Green - Bloomberg


ShaSouth Korea, the world’s ninth- largest greenhouse gas emitter, plans to spend 35.5 trillion won ($31 billion) by 2020 to develop technology for renewable and nuclear energy and carbon emissions reduction.  The investment is part of the nation’s road map to grab a 10 percent share of the world’s clean-energy market and have one of the world’s top five energy industries by 2020, the Ministry of Knowledge Economy said in an e-mailed statement.

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