Kim Ki-hyun, Floor Leader of the People Power Party. / Photo by Yoon Dong-ju doso7@

Kim Ki-hyun, Floor Leader of the People Power Party. / Photo by Yoon Dong-ju doso7@

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[Asia Economy Reporter Lee Hyun-joo] On the 30th, the People Power Party launched the 'Special Committee on Damage from Nuclear Phase-out and National Land Destruction' to hold the Moon Jae-in administration accountable for the failure of its nuclear phase-out policy. The special committee plans to criticize the current government's policy and prepare countermeasures legislation.


Kim Ki-hyun, the floor leader of the People Power Party, said at the launch ceremony, "There is a report stating that if nuclear phase-out continues, it will cause over 1 trillion won in national losses over the next 30 years," adding, "It has been confirmed that various illegal acts were committed during the process, and investigations are ongoing, but the investigation is currently being stalled by scapegoating at the middle level."


According to the Nuclear Phase-out Special Committee, the government recently amended the Enforcement Decree of the Electricity Business Act to replenish the power fund, which accumulates part of the electricity fees paid by the public to cover losses caused by the nuclear phase-out policy. As a result, electricity rates will increase starting in July. Furthermore, to realize the government's announced '2050 Carbon Neutral Scenario,' 6% of the entire national land must be covered with solar power facilities.



Park Dae-chul, a member of the National Assembly and chair of the committee, said, "The nuclear phase-out is so devastating that it is difficult to estimate the scale of damage," adding, "The environment, energy, economy, and ecosystem have all been destroyed." Park stated, "We must prevent efforts to cover policy failures with taxpayers' money," and explained, "The government is trying to reimburse 1.4455 trillion won from the power fund, which is public tax money, for the cost of early closure and cancellation of nuclear power plants through the amendment of the Enforcement Decree. We are preparing a bill to elevate the delegated authority on the use of the power fund in the Enforcement Decree to a law to clearly specify the usage of the power fund."


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