Korea Electric Set To Invest $1.1 Billion In CCS Technology

October 13, 2009

Bloomberg News reports, “Korea Electric Power Corp. and five units plan to invest 1.3 trillion won ($1.1 billion) by 2020 in carbon capture and storage to cut greenhouse-gas emissions, the South Korean government said. Separately, the government will spend 100 billion won over five years in research and development for the technology, the Ministry of Knowledge Economy said today in an e-mailed statement.”

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