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South Korea Planning to Expand R&D Incentives for Green Technology

|Proposed Changes|South Korea
South Korea

The South Korean government is reportedly planning to expand R&D incentives, with a focus on green technologies to cut carbon emissions and promote carbon neutrality. This includes an expansion of the scope of technologies eligible for the R&D incentives for new growth and original technologies to 260, including 48 technologies in the carbon sector such as carbon capture, utilization, and storage (CCUS), hydrogen and renewable energy, and others. The incentives themselves will also be…

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