Coal Corporation sells 20,000 tons of greenhouse gas emission rights to Namdong Power Plant

Photo of greenhouse gas-related equipment (Photo by Korea Coal Corporation)

[Asia Economy Reporter Moon Chaeseok] Korea Coal Corporation stated that it is making efforts to secure greenhouse gas emission permits, including selling 20,000 tons of emission permits to power plants.

The Coal Corporation announced on the 13th that it sold 20,000 tons of greenhouse gas emission permits to Korea South-East Power at the end of last year, generating approximately 800 million KRW in revenue.

According to Article 8 of the "Act on Allocation and Trading of Greenhouse Gas Emission Permits," the Coal Corporation has been striving to reduce greenhouse gases. The Coal Corporation is a designated entity for greenhouse gas emission allocation.

It aimed to efficiently manage facilities and equipment such as compressors, boilers, and control monitoring devices used in mines.

To reduce greenhouse gases, it actively pursued efforts to secure emission permits by appointing and managing dedicated personnel.

Last year, it also reviewed facilities with excessive greenhouse gas emissions, such as the suspension of the operation of the No. 2 shaft.

The Coal Corporation stated that it plans to actively respond to the national efforts to reduce greenhouse gases this year as well.

Yoo Jeong-bae, President of the Coal Corporation, said, "As a public institution, the Coal Corporation will continuously practice greenhouse gas reduction through various efforts, such as optimizing mining equipment, considering the global environmental crisis, and enhancing social value."

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