Story perspectives

South Korea's Energy Crisis: Call for Renewable Shift

3/30/2026

Summary

Story summary

South Korea's energy crisis deepens as surging oil prices reveal flaws in transport and energy reliance.
The government has capped refinery prices and extended fuel tax cuts to shield consumers, reinforcing oil dependence.
Greenpeace Seoul calls for a Circular Economy to cut petroleum-based production and boost renewables, aiming for 100 gigawatts by 2030 and phasing out fossil-fuel subsidies.
Emergency measures are insufficient, showing the fossil-fuel economy’s fragility.

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Story summary

South Korea's energy crisis deepens as surging oil prices reveal flaws in transport and energy reliance.
The government has capped refinery prices and extended fuel tax cuts to shield consumers, reinforcing oil dependence.
Greenpeace Seoul calls for a Circular Economy to cut petroleum-based production and boost renewables, aiming for 100 gigawatts by 2030 and phasing out fossil-fuel subsidies.
Emergency measures are insufficient, showing the fossil-fuel economy’s fragility.