News Room - Steel Industry

Posted on 10 Oct 2011

Details of S.Korea's 2012 emission reduction target

South Korea said on Monday it aims to cut 8.3 million tonnes of CO2 equivalent in greenhouse gases emitted by its industrial and power sectors in 2012 from projected emission levels.

               

Reduction targets for 2012 by major sectors are as follows: (in thousands of tonnes)      

Sector  Power/Energy Steel Petrochemic Semiconductor Display/ Electronics
Number of companies 33 38 76 34
CO2 Emission allowances 239,279 118,350 58,938 36,268
Projected CO2 emission 242,924 119,669 59,708 37,358
Reduction rate 1.5 pct 1.1 pct 1.29 pct 2.92 pct
 

Carbon emission cut goals for the country's top 5 emitters (thousands of tonnes, weighting on overall reduction)

Ranking Name Amount/Weight
1 POSCO 963/20.6pct
2 Samsung           429/9.2 pct
3 LG Display        327/7.0 pct
4 Hyundai Steel     192/4.1 pct
5 Samsung Mobile    129/2.7 pct