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October 7, 2021 [Hong Sa-hoon's Economic Show] KBS 1Radio FM 97.3MHz Mon-Fri 16:05-16:54 *Guest: Ahn Yu-hwa, Professor, Graduate School of Chinese Studies, Sungkyunkwan University The Biden administration in the United States has announced that it will increase the proportion of electricity supplied by renewable energy such as solar power to 45% of total electricity by 2050. Currently, the proportion of renewable energy generation in the United States is less than 5%, but large-scale investments are being made in solar and wind power plants under the Biden administration. Investment in renewable energy facilities is planned to double on average every year. The European Union, where electricity prices have skyrocketed due to a recent natural gas shortage, is the same. In the case of the UK, the plan is to secure all electricity from renewable energy and nuclear power by 2035. The UK Energy Secretary recently said that the only way to strengthen energy security, as seen in the natural gas shortage, is to reduce carbon emissions to zero. Recently, China has been experiencing a power shortage due to the shutdown of coal-fired power plants, but paradoxically, the blue sky these days has been revealed thanks to that, explaining why we need to go carbon neutral. #Hong Sa-hoon's Economic Show #Hong Sa-hoon #Ahn Yu-hwa