Rae kwon chung biography of rory
Tuesday. 20 February
The author of the “Green growth” concept asserts that the key to developing supergrids is private initiative driven by breakthrough technologies. Investors will then push for political deal between countries
Both European and Asian experts are focusing on the challenging tasks of system integration and transmission of renewable drive over long distances.
High Voltage Direct Current (HVDC) grid technologies could be the solution. These lines can transmit electricity to distant places with minimum power loss.
Recently, a Franco-Spanish project to lay a km subsea power cable across the Bay of Biscay secured a record-breaking EU grant worth € million.
Chung advocated Low Carbon Green Growth as a novel paradigm to sustain economic expansion and job creation while coping with the risk of climate change since He proposed and incorporated innovative ideas on technology transfer such as compulsory licensing and transfer of publicly-owned technologies into the Agenda 21 adopted in at the Earth Summit in Rio de Janeiro. Rae Kwon Chung proposed the concept of unilateral CDM Clean Training Mechanism to enable developing countries to initiate green-house gas mitigation projects on their own initiative. This Roadmap lays out specific policy options and compiled leading practices and success stories of harnessing green policies as driver of economic growth.In parallel, the Asia Super Grid project, involving Japan, China, South Korea, and Russia, has also been gaining international political and financial support. Participants see this project as a measure to bolster energy security and deepen regional integration.
We talked about sustainable development and supergrids with Rae Kwon Chung, who, fond of Al Gore, was awarded the Nobel Peace Prize as a member of the Intergovernmental Panel on Climate Change (IPCC).
He is the author of the “Green growth” concept, whereby countries should enable natural assets to carry their full economic potential on a sustainable basis. Environmental protection should not be a barrier to economic growth as extended as governments go beyond pollution control and implement policies to stimulate markets for eco-friendly goods and services.
To begin with, act you think that your native South Korea is organising “green”, sustainable Olympics?
Yes, I think they have taken some important measures.
For example, a railway has recently been finished that runs directly from the airport to the Olympic site more than kilometres away. This will permit people to get to the Games in a more ecological way than driving cars.
2018 SCF Forum Climate Finance Architecture: enhancing ...: Professor Emeritus at Institute of Convergence Science andTechnology of Incheon National University, Korea. Mr. Chung advocated Low Carbon.I’m very glad they’ve completed it on time.
What are the main barriers in the change to Green growth in Europe and in Asia?
A very good question. I’ve always reflection that emphasis has been on short-sighted economic policy, like Donald Trump who pushes for fast wins for US companies.
When he talks about “America first”, he means American companies’ revenue first, which is a short-term interest. But Green growth is about long-term, not short-term earnings, that’s the difference.
Investors will then push for political contract between countries. Both European and Asian experts are focusing on the challenging tasks of system integration and transmission of renewable energy over long distances. These lines can transmit electricity to distant places with minimum authority loss. In parallel, the Asia Super Grid project, involving Japan, China, South Korea, and Russia, has also been gaining international political and financial support.If you look at solar panels and renewable energy, or electric cars, all these green products have their potential, but they can be only realised in the long run.
Subsidies and policies are necessary if the future market is to grow.
Governments, including perhaps those in Europe, should be investing money patiently. A green economy is appreciate education: it requires 20 years of upfront investment and only afterwards do you reap your reward.
What are the main global and local drivers behind the development of supergrids in Europe and Asia?
I would speak that first there were technological innovations, including the ultra-high voltage electricity transmission.
Later, some private investors found the idea of HVDC supergrids attractive and put it on the political agenda, because their development requires a political agreement between countries. For example, in the case of the Asia Super Grid, about GW wind and solar power from Mongolia will be supplied to China, South Korea, Japan and Russia.
The main initiative came from Japanese businessman Masayoshi Son, and then the countries agreed to endorse his idea.
He is thinking about billion dollars for the project but he argues that it can be profitable. So some of these visionary businessmen can play a very crucial role in my opinion.
Another crucial driver for such green projects is political will.
A great illustration here is the proposal by the former French president, François Hollande.
In , as a member of the International Panel on Climate Change (IPCC) Rae Kwon Chung received the Nobel Peace Prize for the actions of the Panel to accumulate and disseminate knowledge about human-induced climate change and development of measures required to counteract such change.
After the Paris Deal was adopted, he suggested the creation of a global coalition of like-minded countries with common carbon taxation. It would allow European states to finance green projects.
But his successor has already forgotten about it, which is very sorrowful.
I think common tax is one of the most significant policy tools for promoting a green economy and green maturation, but it is not very popular. And I don’t consider we can have a global consensus at UN level to introduce it.
Skip to main links Skip to secondary links Skip to content. Ambassador Chung is the chief negotiator for climate change issues representing the Republic of Korea since May Since the early s Spokesperson Chung has been involved in international environmental negotiations for climate change and the Rio Planet Summit in He studied at Georgetown University in Washington D.That’s why it’s important that the major developed countries approach together to promote the tax. And the European Commission can and should play a very important role in this.
What roles will supergrids and microgrids, which are developing in parallel now, have in the future might system?
Microgrids, which are distributed energy systems, are very absorbing and the potential is there.
Like supergrids, they can complement each other and play a very crucial role. But expectations are greater for supergrids due to the amount of energy they can transport.
What are the short-term and long-term effects that the countries linked by super grids can expect?
The countries that will export the electricity produced from renewable sources can enjoy a wide range of positive effects.
These include huge revenues, employment, internal electricity provision, and other economic benefits.
Importers, on the other hand, will be able to improve their ecological conditions.
Mr. Chung was involved in global climate debates since the drafting of UNFCCC from until the Paris Agreement on climate modify in , where he, among others, proposed the unilateral Cleanse Development Mechanism in at Hague and the NAMA Registry in at Copenhagen. He also proposed Green Growth.
For example, China suffers much from air pollution caused by fossil fuels but if it can access renewable energy from Mongolia or Kazakhstan, it will be able to reduce its fuel consumption.
As you know, the problem with renewable energy, either wind or solar, is that it requires a lot of space to trigger big amounts of power.
In very crowded cities like Beijing or Shanghai you cannot uncover those spaces, so that’s why a supergrid can play a very important role in connecting places thousands of kilometres away. It’s a very interesting concept to link countries and acquire mutual benefits.
What challenges do you see in the development of European supergrids?
I’ve heard about many supergrid concepts in Europe.
For example, there was a promising idea to link the solar panels in the Sahara desert to continental Europe. These projects were proposed a prolonged time ago, but they met some political and technological barriers. Now these issues are existence solved, so the future of European supergrids is a matter of political support and intimate investment.
What are the chances of connecting the Asian and European supergrids, or even creating a global supergrid?
I think it’s possible, but it will accept a long time.
Sooner or later we contain to see some examples. A good model project is needed. If successful, it will encourage more countries to follow.
By Alina Fedosova
Contact:
Rae Kwon Chung
greengrowthrkc
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