South Korea’s Carbon Dioxide Emissions Increase by Annual Average of 2.3%

0
41

The Ministry of Trade, Industry and Energy announced on May 19 that the total carbon dioxide emissions of South Korea’s overall industries changed from 301.9 million tCO2 in 2013 to 320 million tCO2 in 2014, 317.68 million tCO2 in 2015, 324.33 million tCO2 in 2016 and 330.42 million tCO2 in 2017. The average annual increase during the period is 2.3 percent. One tCO2 is the amount of carbon dioxide emitted when one liter of diesel is used. The ministry conducted the survey, which covers approximately 100,000 industrial businesses, from June to September 2018.

Last year, the South Korean government revised its greenhouse gas reduction road map to raise its greenhouse gas reduction target from 25.7 percent to 35.1 percent of the 2030 BAU level. Experts point out that the target is unlikely to be met with greenhouse gas emissions increasing despite massive investments.
The five-year average increase is 4.6 percent in the food and beverage industry, 3.7 percent in other manufacturing, and 3.4 percent in oil refining. The carbon dioxide emissions fell 3.4 percent in the textile product industry.

The primary metal industry accounted for 37.3 percent of the total emissions during the period, followed by chemical (19 percent), oil refining (11.8 percent), non-metal mining (7.6 percent), other manufacturing (6.9 percent) and electronic equipment manufacturing (6.6 percent).

By energy source, electric power represented 37 percent of the total, followed by coal (31.8 percent), petroleum (20.4 percent), city gas (5.8 percent), thermal energy (3.2 percent) and others (1.8 percent).

Source:www.businesskorea.co.kr/news/articleView.html?idxno=31983

LEAVE A REPLY

Please enter your comment!
Please enter your name here