South Korea's Lee aims to lift GDP by switching to green energy

South Korean president-elect Lee Myung Bakandhis administration will increase the country's share in the global renewable energy market in an effort to help boost economic growth. The new government aims to increase the share to 5% by 2012from 0.8% now, according to a statement from the climate change and energy taskforce of Lee's presidential transition committee. South Korea, which imports 97%of its energy and mineral needs, will join Japan in encouraging factories and power stations to use cleaner fuels to reduce greenhouse gases blamed for global warming. Lee will seek to export nuclear reactors for commercial use the taskforce said in the statement.