South Korea to shrink biomass energy subsidies after criticism over link to deforestation

By Victoria Milko
Associated Press
January 21, 2025
Category: Carbon, Climate & Bioenergy
Region: International

JAKARTA, Indonesia — The South Korean government will reduce subsidies for biomass energy after rising domestic and international criticism of its link to deforestation. Environmental activists generally applauded the reforms but criticized loopholes and slow timelines for phasing out the subsidies. … Biomass power … is growing globally as countries accelerate their transition to use cleaner energy — even though many scientists and environmentalists see it as problematic. In South Korea, it’s the second-largest source of renewable energy. South Korea has subsidized biomass energy with millions of dollars for more than a decade via their renewable energy certificates program. South Korea’s biomass power industry has structured its business model around importing large volumes of wood pellets at lower prices from forest-rich nations. …Experts said South Korea’s policy change could signal a shift in how countries consider and incorporate biomass as part of their own energy transitions.

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