Thursday, February 14, 2008

[The Chosun Ilbo, February 14 2008] New Gov't to Promote Alternative Energies

President-elect Lee Myung-bak's transition team has unveiled a plan to build an industrial complex for renewable energies production facilities.

The energy policy taskforce of the transition team's National Competitiveness Reinforcement Special Committee said that if Korea continues to consume as much energy as it does now, it will face an additional financial burden of W30 trillion (US$1=W946) once the Kyoto Protocol takes effect in 2013.

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