Most Popular
-
1
Actor Jung Woo-sung admits to being father of model Moon Ga-bi’s child
-
2
Wealthy parents ditch Korean passports to get kids into international school
-
3
Man convicted after binge eating to avoid military service
-
4
First snow to fall in Seoul on Wednesday
-
5
Industry experts predicts tough choices as NewJeans' ultimatum nears
-
6
Final push to forge UN treaty on plastic pollution set to begin in Busan
-
7
Nvidia CEO signals Samsung’s imminent shipment of AI chips
-
8
Korea to hold own memorial for forced labor victims, boycotting Japan’s
-
9
Opposition chief acquitted of instigating perjury
-
10
Job creation lowest on record among under-30s
Obama calls for more investment in clean energy to catch up with South Korea
By 이지윤Published : May 7, 2011 - 10:15
WASHINGTON -- U.S. President Barack Obama Friday urged his nation to invest more in the development of clean energy technology in order not to lag behind South Korea and other countries.
"We're in a competition all around the world, and other countries -- Germany, China, South Korea -- they know that clean energy technology is what is going to help spur job creation and economic growth for years to come," Obama told workers at an Allison Transmission Plant in Indianapolis, Indiana, according to a transcript released by the White House.
"And that's why we've got to make sure that we win that competition."
The South Korean government has announced plans to invest 4.5 trillion won ($4 billion) this year in the development of clean energy technology, such as solar and wind power, up 23 percent from a year earlier.
South Korean companies plan to nearly double exports of clean energy products to $9 billion this year, with shipments of $6.7 billion of solar energy-related equipment and systems and $2.1 billion of wind power generation products. (Yonhap News)
"We're in a competition all around the world, and other countries -- Germany, China, South Korea -- they know that clean energy technology is what is going to help spur job creation and economic growth for years to come," Obama told workers at an Allison Transmission Plant in Indianapolis, Indiana, according to a transcript released by the White House.
"And that's why we've got to make sure that we win that competition."
The South Korean government has announced plans to invest 4.5 trillion won ($4 billion) this year in the development of clean energy technology, such as solar and wind power, up 23 percent from a year earlier.
South Korean companies plan to nearly double exports of clean energy products to $9 billion this year, with shipments of $6.7 billion of solar energy-related equipment and systems and $2.1 billion of wind power generation products. (Yonhap News)
