The financial services arm of Korean conglomerate Samsung has committed to stop backing coal power. This makes them the first Asian insurance group to stop underwriting new coal power. Until now, coal has still remained the largest component of South Korea’s energy mix.
Samsung’s financial arm makes coal-free declaration
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- Topic: Climate changeEnergyTransport
- Other Tags: 1.5ºC ChallengeAir pollutionClimate ChangeCoalEnergyFossil fuel
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