South Korea slashes forest biomass energy subsidies in major policy reform

Mongabay
Dec 20, 2024, 10:12 am40 pts
In a major policy shift, South Korea announced Dec. 18 that it will end renewable energy subsidies for new biomass projects, as well as for state-owned coal and biomass cofired power plants starting in January 2025. The nation’s ministries also committed to phased reductions of subsidies supporting existing…

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