South Korea Lends Gas a Helping Hand

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Taking a leaf out of the EU playbook, South Korea has included gas in its sustainable finance taxonomy, describing it as a "necessary transition fuel" in its quest to go carbon neutral by 2050. Allowing gas players access to green bonds and finance should ensure gas' place in the energy mix while the country weans itself off coal, now the largest baseload power fuel, and pushes to make hydrogen the largest single energy source by midcentury.

LNG Demand, Gas Demand, Gas-Fired Electricity, Renewable Electricity , Hydrogen, Low-Carbon Policy
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