|
Analysis ROK firms seek nuclear-powered ships. But tech poses risks to alliance with USWhile advanced nuclear reactors could help reduce emissions and lower costs, military temptations will persist South Korea has come under heavy pressure to reduce carbon emissions as it relies primarily on shipping for its international trade. To address the issue, Seoul announced the 2030 Green Ship-K Promotion Strategy in 2020 and passed the Carbon Neutrality and Green Growth Act in Sept. 2021, which mandates that the country achieve carbon neutrality by 2050. Part of the Yoon administration’s strategy to reduce carbon emissions has been to increase the country’s reliance on nuclear energy. ROK shipping firms have also embraced the technology, aiming to maintain their status as industry leaders for the foreseeable future. However, developing © Korea Risk Group. All rights reserved. |





