Five Cities and Provinces Including Chungnam Cooperate to Enact Special Law Supporting Areas Phasing Out Coal Power Plants
Five cities and provinces, including Chungnam, will cooperate to enact a special law to support areas affected by the closure of coal-fired power plants.
On the 10th, Chungnam Province held a meeting at the National Assembly with National Assembly member Jang Dong-hyeok (Boryeong·Seocheon), and representatives from Incheon, Gangwon, Jeonnam, and Gyeongnam to unite their intentions for the enactment of a special law related to the closure of coal-fired power plants.
At the meeting, Assemblyman Jang stated, “We will gather opinions from the cities and provinces affected by the closure of coal-fired power plants and work together to ensure a practical special law is prepared. The special law is planned to be proposed in the first half of this year with the goal of enactment within the year, so cooperation and support from each region are necessary.”
In this regard, the five cities and provinces, including Chungnam, agreed to establish a “Working Council of Cities and Provinces for the Enactment of the Special Law” to build a cooperative system and collaborate on preparing effective measures encompassing industrial strategies.
Kim Tae-heum, Governor of Chungnam Province, emphasized, “Due to the closure of coal-fired power plants, Chungnam is expected to suffer economic damage amounting to about 22% of its Gross Regional Domestic Product (GRDP) (approximately 27 trillion 380 billion won). The enactment of the special law is the minimum requirement to establish a support system for areas affected by the closure and to create a fund of about 10 trillion won to prevent regional extinction.”
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Meanwhile, Germany set a precedent by enacting a package law for the closure of coal-fired power plants and support for affected areas, creating a fund worth 53 trillion won and successfully establishing an industrial strategy.
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