Reposted by Royce Kurmelovs
Absolutely huge announcement out of Korea with KGX now announced. Total package of 1,000 trillion won (that's ~1 trillion AUD!).
Steel is a key focus. SK wants to become the first country to mass-produce hydrogen-reduced steel and use that capability to compete in the global green steel market.
esgnews.com
South Korea Announces $747 Billion Energy Transition Plan Through 2035
South Korea’s K-GX strategy mobilizes $747 billion through 2035, combining government spending and climate finance to accelerate the country’s energy