ImpactAlpha, March 9 — Seoul-based conglomerate SK Group has pledged to help reduce 200 million tons of carbon emissions in South Korea and the Asia-Pacific region by 2030.
The investment in Durham, N.C.-based 8 Rivers, which specializes in green hydrogen, direct air capture, biomass, carbon removal and other net-zero technologies, will establish a joint venture to deploy projects in Asia.
“Decarbonizing the global economy is both a multi-trillion-dollar business opportunity and, more importantly, an environmental and social necessity,” said 8 Rivers’ Cam Hosie.