NEWS COMMENTARY

South Korea pledges to be carbon neutral by 2050

Published:
November 02, 2020
Coverage:
Owning the Energy Transition
Activities:
Policy
Very important

The pledge was made by President Moon Jae-in – details are still undisclosed, but the country still relies on coal for about 40% of its electricity use, so decarbonizing electricity generation will be its priority. With this pledge, South Korea joins the likes of the EUChina, and Japan, which recently made similar commitments.

For the original news article, click here .


Further Reading

Hoow Foods gains $1.8 million (SG$2.5 million) in additional funding for its reformulation platform

News Commentary | April 14, 2020

The company's total funding now stands at $3 million. Nanyang Realty of Singapore led the investment, alongside Sunbo Angel Partners and Lighthouse Combined Investment of South Korea. Previous investors from its initial $1.2 million raise in September 2019 also participated. According to the press ... To read more, click here.

Samsung's recent follow-up investment in DigiLens likely indicates unclear AR roadmap

News Commentary | April 24, 2020

Samsung recently invested in DigiLens in a syndicated Series C, bringing to the waveguide maker's total investment to more than $80 million. Allegedly, the giant electronics manufacturer just lent DigiLens even more money via convertible bonds. DigiLens, while expanding, is unlikely to become ... Not part of subscription

Rimac and Bugatti announce JV to manufacture electric supercars

News Commentary | July 12, 2021

After announcing its two hypercars, the Concept_One and the Concept_Two, known as Nevera, Croatian electric supercar startup Rimac Group has announced that it will form a new partnership with Bugatti. The deal makes Rimac Group the major shareholder with 55%, and the new venture will be known as ... Not part of subscription