Energy & Science
South Korea Chided for Declaring Gas a Sustainable Investment
- LNG included in green taxonomy, while nuclear power left out
- Environmental group says move will lead to greenwashing
Liquefied natural gas tanks at in Samcheok, Gangwon-do, South Korea.
Photographer: SeongJoon Cho/BloombergThis article is for subscribers only.
South Korea’s government is being criticized for including natural gas in a category of activities that it deems will help cut emissions.
Liquefied natural gas was included in a taxonomy to accelerate green goals released by the Environment Ministry on Dec. 30, while nuclear energy was left out. LNG is in the transition section, so shouldn’t be seen as an outright green activity, but is essential in the move away from dirtier fuel, the ministry said.