South Korea emerges as key partner for America’s energy transition
Inside Climate News reports: On June 22, the U.S. The Department of Energy announced that it will grant a $9.2 billion loan to BlueOval SK LLC (BOSK), a joint venture between Ford and SK On, a Korean battery manufacturer. The loan will be used to construct three manufacturing plants in Tennessee and Kentucky. Once operational, the facilities have the potential to displace 455 million gallons of gasoline annually by propelling the shift toward low-carbon transportation. The loan, dubbed the “biggest…