Back to today’s briefing

Story perspectives

South Korea Cuts Biomass Subsidies Amid Deforestation Concerns

1/22/2025

45 5

Summary

Story summary

In a significant policy shift, South Korea is set to cut biomass energy subsidies amid growing concerns about deforestation. The new plan halts funding for new biomass plants and gradually eliminates existing subsidies over 15 years. While environmentalists applaud the move, they warn of loopholes that could undermine sustainability and emissions targets.

1 of 1

Story summary

In a significant policy shift, South Korea is set to cut biomass energy subsidies amid growing concerns about deforestation. The new plan halts funding for new biomass plants and gradually eliminates existing subsidies over 15 years. While environmentalists applaud the move, they warn of loopholes that could undermine sustainability and emissions targets.