South Korea’s energy trap: Government-funded dead end fossil fuel investments

Grist
By Grist CreativeMay 21, 2024, 1:21 pm140 pts
When the war in Ukraine upended the global energy supply in 2022, South Korea suddenly found itself competing for natural gas. Cut off from Russia’s supply, an energy-starved Europe began buying up supplies worldwide. In 2022 alone, South Korea saw electricity costs rise approximately $17 billion because of…

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