South Korea plans to invest as much as one quadrillion Korean won, or $747 billion, in renewable energy, EV uptake, and industry decarbonization by 2035 as it looks to address energy security concerns and tightening global carbon regulations. Senior South Korean officials on Wednesday presented the details of the so-called Korea Green Transformation (K-GX) Strategy through 2035, which includes targeting 100 gigawatts (GW) of renewable energy capacity by 2030, and electric and hydrogen vehicles topping 70% of new vehicle sales…
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