{"id":2203976,"date":"2024-02-28T08:00:00","date_gmt":"2024-02-27T23:00:00","guid":{"rendered":"https:\/\/koreapro.org\/?p=2203976"},"modified":"2024-02-27T17:17:01","modified_gmt":"2024-02-27T08:17:01","slug":"south-koreas-ruling-partys-climate-commitment-clashes-with-nuclear-ambitions","status":"publish","type":"post","link":"https:\/\/koreapro.org\/2024\/02\/south-koreas-ruling-partys-climate-commitment-clashes-with-nuclear-ambitions\/","title":{"rendered":"South Korea\u2019s ruling party\u2019s climate commitment clashes with nuclear ambitions"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Ruling People Power Party (PPP) interim leader Han Dong-hoon <\/span><a href=\"https:\/\/www.peoplepowerparty.kr\/news\/comment_view\/BBSDD0001\/100453\"><span style=\"font-weight: 400;\">announced<\/span><\/a><span style=\"font-weight: 400;\"> on Tuesday campaign pledges aimed at combating climate change and endorsing renewable energy. These initiatives propose to significantly increase the national budget for climate response, elevating it from the current $1.8 billion (2.4 trillion won) to $3.76 billion (5 trillion won) by 2027.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Additionally, the party\u2019s pledge includes revising the electricity pricing model to encourage using non-carbon energy sources, such as nuclear and wind power, alongside a push for increased investments in the hydrogen energy sector.<\/span><\/p>\n<p><b>Why It Matters<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Han\u2019s pledge signals a growing recognition among South Korean leaders that climate change is not just an environmental issue but a critical economic and societal challenge that requires immediate and substantial policy interventions. France <\/span><a href=\"https:\/\/www.motie.go.kr\/kor\/article\/ATCL3f49a5a8c\/168577\/view?mno=&amp;pageIndex=10&amp;rowPageC=0&amp;displayAuthor=&amp;searchCategory=0&amp;schClear=on&amp;startDtD=&amp;endDtD=&amp;searchCondition=1&amp;searchKeyword=\"><span style=\"font-weight: 400;\">excluded<\/span><\/a><span style=\"font-weight: 400;\"> electric vehicles (EVs) manufactured in South Korea from its subsidy policy in December. Among South Korean carmakers, Hyundai Motor\u2019s Kona SUVs, produced in the Czech Republic, were the only model eligible for the French subsidy.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, the Yoon administration\u2019s pivot toward nuclear power as a cornerstone of South Korea\u2019s energy policy may backfire amid <\/span><a href=\"https:\/\/english.hani.co.kr\/arti\/english_edition\/e_international\/1061654\"><span style=\"font-weight: 400;\">growing global scrutiny<\/span><\/a><span style=\"font-weight: 400;\"> over nuclear safety and waste management. President Yoon Suk-yeol previously ordered <\/span><a href=\"https:\/\/en.yna.co.kr\/view\/AEN20230614002500315\"><span style=\"font-weight: 400;\">investigations<\/span><\/a><span style=\"font-weight: 400;\"> into the decision-makers behind allegedly corrupt solar energy projects pursued under the previous Moon Jae-in administration.<\/span><\/p>\n<div class=\"content-tags\"><a href=\"https:\/\/koreapro.org\/tag\/business-economy\/\"><span class=\"tag\">Business &amp; Economy<\/span><\/a><a href=\"https:\/\/koreapro.org\/tag\/domestic-politics\/\"><span class=\"tag\">Domestic Politics<\/span><\/a><a href=\"https:\/\/koreapro.org\/tag\/technology-cyber\/\"><span class=\"tag\">Technology &amp; Cyber<\/span><\/a><\/div>","protected":false},"excerpt":{"rendered":"<p>Ruling People Power Party (PPP) interim leader Han Dong-hoon announced on Tuesday campaign pledges aimed at combating climate change and endorsing renewable energy. These initiatives propose to significantly increase the national budget for climate response, elevating it from the current $1.8 billion (2.4 trillion won) to $3.76 billion (5 trillion won) by 2027. Additionally, the [&hellip;]<\/p>\n","protected":false},"author":10407,"featured_media":2203977,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[24,27,29],"class_list":["post-2203976","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-briefings","tag-business-economy","tag-domestic-politics","tag-technology-cyber"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>South Korea\u2019s ruling party\u2019s climate commitment clashes with nuclear ambitions - KOREA PRO<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/koreapro.org\/2024\/02\/south-koreas-ruling-partys-climate-commitment-clashes-with-nuclear-ambitions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"South Korea\u2019s ruling party\u2019s climate commitment clashes with nuclear ambitions - KOREA PRO\" \/>\n<meta property=\"og:description\" content=\"Ruling People Power Party (PPP) interim leader Han Dong-hoon announced on Tuesday campaign pledges aimed at combating climate change and endorsing renewable energy. 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