South Korea vowed on Nov. 17 to cut its greenhouse gas emissions by 4 percent by 2020, brushing aside objections from powerful industrial bosses to make one of the strongest commitments yet from a country still classed as "developing" in climate terms. The cut would represent a reduction of 30 per cent by 2020 compared with "business as usual" and would be enforced even if countries fail to agree an international deal on emissions in Copenhagen next month. "Even though the outlook for Copenhagen is bleak, South Korea can boost its national status and pride by voluntarily announcing an emissions target," said Lee Myung-bak, South Korea's president. The cut was the most ambitious of three possible measures set out in July. The cabinet announcement came after long discussions with industry and internal divisions within government. (Financial Times, UK)

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