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SPECIAL REPORT: Case Study of Green Economy Policies: Korea

Time:2011-09-16 18:06Source:NAPSNet, Author:军控协会 Click:
Sun-Jin Yun, Professor at the Graduate School of Environmental Studies, Seoul National University and Myungrae Cho, Professor, Dankook University, write “The ROK’s green growth strategy, as currently formulated, includes some impressive t

NAUTILUS INSTITUTE    View Online
   Case Study of Green Economy Policies: Korea  

By Sun-Jin Yun and Myungrae Cho 

September 13, 2011

Read this report online at:
http://nautilus.org/publications/essays/napsnet/reports/Yun_Cho_GreenROK/ 

Nautilus invites your contributions to this forum, including any responses to this report.

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CONTENTS 

I. Introduction 

II. Report by Sun-Jin Yun and Myungrae Cho

III. References 

IV. Nautilus invites your responses

 

I. Introduction

Sun-Jin Yun, Professor at the Graduate School of Environmental Studies, Seoul National University and Myungrae Cho, Professor, Dankook University, write “The ROK’s green growth strategy, as currently formulated, includes some impressive targets and demonstration projects, but at its heart emphasizes economic growth and national industrial competitiveness rather than being a true plan for “greening” of the Korean economy.  As such, the ROK’s current “green” policies are in effect mostly policies for further benefiting existing large ROK industries, including the nuclear and construction industries.”
 
The views expressed in this report are those of the author and do not necessarily reflect the official policy or position of the Nautilus Institute. Readers should note that Nautilus seeks a diversity of views and opinions on significant topics in order to identify common ground.

II. Report by Sun-Jin Yun and Myungrae Cho

- “Case Study of Green Economy Policies: Korea”
By Sun-Jin Yun and Myungrae Cho

 
The Republic of Korea’s economy has been one of the economic marvels of the last few decades, growing rapidly and steadily, with few downturns. By 2010, the ROK had the world’s 12th largest GDP, and ranked 10th among nations in electricity consumption and production, 10th in gas imports, ninth in oil consumption, and fourth in oil imports. [1] The ROK has become an international force in several industries, including steel, automobiles, and electronics, and has seen a vast increase in the living standards of its people, as well as in urbanization.  Like Japan, much of the ROK’s energy needs are supplied by imports, and like Japan, the ROK has embraced nuclear power as a key source of electricity.  Unlike Japan, however, for the ROK the DPRK serves as a much more significant factor, albeit a quite uncertain one, in the development of energy systems and the drive toward energy security in the DPRK.  

The last decade has seen some transitions in the ROK energy sector, including a move toward partial restructuring of its electricity sector, expanded investment in oil and gas producer nations, and a drive toward exports of nuclear technologies.  The last few years, as of 2011, have also seen the development, and the very early phases of implementation, of green economy principles in South Korea, and of policies related to the reduction of greenhouse gas emissions.   In the sections that follow we provide some background on the energy sector and energy security policies in the ROK, describe the genesis and current status of green economy and GHG emissions reduction policies and projections, review the strengths and weakness of existing green economy policies, and suggest how green economy and energy security policies in the ROK might interact with issues such as urban security, climate change, and improvement of the DPRK situation. [2] 
 
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2. The development of the ROK’s climate and green economy policies (Editor:军控协会)
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