Looking Ahead to COP21: What Korea has done and what Korea should do
Korea is the world’s 14th largest economy but the 8th largest emitter of CO2 as of 2013, due largely to an energy-intensive industry structure. Although it has continuously reduced its dependency on petroleum since it introduced the Energy Master Plan in 2008, the relative portion of non-fossil fuel sources, such as renewable energy, is still marginal at best (representing less than 10 percent of the total energy portfolio). In particular, it is difficult for Korea to increase the portion of renewables for various reasons. In this context, Korea has tried to find an adequate role in fighting against climate change.
Suh-Yong Chung, Professor, Korea University.