Green and lucrative: Localities create 'carbon assets' to cut emissions, earn revenue with tradable credits

As demands for carbon neutrality and emissions reductions increase, local governments are jumping into projects to create “carbon assets.” Even cities are also using parks and idle land to cut emissions and secure tradable carbon credits for revenue.

2026-04-11

Korean Air reduces carbon emissions in 2025 despite increased flights

Korean Air's carbon emissions from flight operations dropped 3.3 percent from a year earlier in 2025 despite an increase in the number of flights, the company said Friday.

2026-02-27

Winter could disappear, heat waves may triple if we don't mend our ways, Korea's climate agency data suggests

Seoul’s winters may last a mere 12 days per year by 2081, while the number of extremely hot days and tropical nights may surge to more than 90 annually, according to a new forecast.

2025-12-22

Korea aims to cut carbon emissions at int'l airports by 10% by 2030

Korea aims to cut carbon emissions at its international airports by 10 percent by 2030 while expanding the use of sustainable aviation fuel (SAF), a government report showed Sunday.

2025-12-21

Gov't to align emissions trading system with minimum reduction target to ease corporate burden

Seoul will operate its greenhouse gas emission permit trading system in lockstep with the minimum reduction target under its nationally determined contribution (NDC), the government said Tuesday.

2025-11-25

Gov't targets at least 50% drop in greenhouse gases by 2035

Korea said Thursday it plans to cut its greenhouse gas emissions by as much as 60 percent from 2018 levels by the year 2035, unveiling two possible targets that reflect both industrial limits and pressure to meet global climate goals.

2025-11-06

Woori carbon reduction goals earn scientific imprimatur

Woori Financial Group’s carbon reduction goals have been validated by the Science Based Targets initiative (SBTi).

2023-08-31

Hyundai Steel aims to cut carbon emissions by 12% by 2030

Hyundai Steel is aiming to cut its carbon emissions by 12 percent by 2030, with the ultimate goal of achieving net-zero by 2050.

2023-04-26

Emissions crackdown

An employee points to a screen showing a system to crack down on emissions of vehicles at the Gyeonggi provincial government building in Suwon, Gyeonggi, on Monday.

2023-02-06

Korea expedites transition to low-carbon structure over EU's carbon tax scheme

Korea vowed Monday to extend support to achieve a low-emission production structure in an effort to minimize the impact of envisioned European Union carbon import regulations and to strengthen industry competitiveness.

2022-12-26

korea joongAng daily