Gov't to spend 5 trillion won on environmental R&D
- 관리자
- 2008.09.23
- Hit 4336
In this regard, the government plans to invest 5 trillion won (US$1=W1,140) by 2012 in R&D on core technologies, including development of thin-film solar cells and large-scale wind power generators, as part of efforts to achieve the vision of low-carbon and green growth for the next five years.
To this end, the government will seek legislation on such systems, build a statistical system on gas emissions, ease regulations on new renewable energies, and introduce a carbon emissions trading system in the mid- and long term.
In efforts to reduce the expenses of traffic congestion that currently account for about 3 percent of GDP, the government plans to drastically expand the environmentally-friendly conventional and electric railway networks, enhance accessibility of mass transit systems to airports and public parks, require car drivers to reduce emissions and impose traffic congestion fees on them.
The government will also help elementary and secondary school students have a better understanding of the vision for low-carbon and green growth.
The government will increase the portion of its overall R&D budget spent on climate change from 6.4 percent in 2008 to 8.5 percent in 2012, and upgrade the country's technological level from 60 percent of the advanced countries' average in 2005 to 80 percent by 2012.
The government will foster the green industry by developing the solar and wind power generation by 2012 and build renewable energy complexes in Saeman-geum in Jeollabuk-do (North Jeolla Province), reclaimed land in the Seoul metropolitan area, and Jejudo (Jeju Island) to increase the supply ratio of renewable energies from 2.4 percent in 2006 to more than 11 percent in 2030.
Korea is expected to join the group of the four largest green car producing countries and expand investment in the energy-saving industry, with hopes to create 100,000 jobs by 2012 and 200,000 by 2030.
By Chung Myung-je
Korea.net Chief Staff Writer