South Korea's Green New Deal risks being derailed by legacy players keen to use the long timescale required to build a hydrogen economy as a way of postponing meaningful action on emissions. The industrial establishment favours the hydrogen economy option due to the extended period that would be needed to build it, says Melissa Brown, director of energy finance studies, Asia at research body the Institute for Energy Economics and Financial Analysis in Hong Kong. South Koreas state-controlled power companies are "inherently conservative and backward looking", she says.
展开▼
