Green Options » Lee Myung-bak

South Korea to Invest a Whopping $85bn on Green Technology in ‘Green New Deal’

Andrew Williams — Mon, 06 Jul 2009 12:27:42 +0000

South Korea yesterday announced plans to invest a staggering Won107,000bn ($85 billion) on ‘green growth’ industries over the next five years.

The government predicts the unprecedented cash-injection, around 2 per cent of the country’s entire gross domestic product, will create up to 1.8 MILLION new jobs in renewable energy and environmentally-friendly projects.

In a presidential statement, the country’s leader, Lee Myung-bak, said that the so-called Green New Deal will significantly boost growth and jobs in an effort to ride out the economic slump.

“The aim is for South Korea to become the world’s seventh most competitive country by 2020 in terms of energy efficiency and ability to adapt to climate change,” he said.

2.8 Million Criminals Pardoned in South Korea

Gavin Hudson — Wed, 25 Jun 2008 23:07:49 +0000

South Korean President Lee Myung-bak’s public approval ratings took a dramatic nose dive last month when he okayed a deal with President Bush to import low-grade US beef — banned since the 2003 outbreak of mad cow disease – into South Korea. Demonstrations, first against US beef and then against the president himself, swelled throughout the country, climaxing at weekly protests 80,000 strong in the capitol. Oops.

So how do you make an angry populace happy again? President Lee decided that the best way to appease voters (and mark his 100th day as president) was to pardon 2.8 million petty thieves and scammers, and also to give drunk drivers a clean driving slate. Does anyone follow the logic here?

Springtime at the Cold War’s Last Border

Gavin Hudson — Sat, 05 Apr 2008 13:01:24 +0000

It’s springtime in South Korea. Just a month ago the ground was covered in snow; today the hills are pink with cherry blossoms. Eager solar panels soak up the warm sunshine. On the mountain, wind turbines spin in the sweetly scented spring breeze. In the seaboard city of Gangneung, children’s delighted shrieks fill neighborhood parks.

Over the city, military jets scream through the sky.

The jets that thunder all day long over Gangneung are a reminder that for the past 60 years Korea has been a country divided and at war with itself. Gangneung, with its windfarm, solar panels, and cherry blossoms, lies less than 100 miles (160 km) from the Demilitarized Zone, or DMZ, the world’s last remaining Cold War border.

This week, as springtime blooms, a series of events unfolded which threaten to destabilize the delicate balance between the North and the South.