SMART Community Review (SCR) Jan/Feb 2014 | Page 16

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Korean Business - Make Green Going Green

Above: Enoch Shin,

owner of Turbo Tire in Oakland,

Calif., says energy consumption at his

shop fell 40 percent after he switched

over to a more modern and efficient

lighting system.

// Photo: Aruna Lee

SAN FRANCISCO -- Korean small

businesses in California are

challenging the naysayers

who claim that economic

growth coupled with

sound environmental

practice is not possible.

Thanks in large part to

government and private

incentive programs, they

have come to the fore in

implementing emerging technologies beneficial for the environment and their bottom line. In fact, many owners are “going green” precisely because of the economic benefits.

“Korean businesses have adopted green technologies largely in order to reduce their

energy bills,”says Jason Lee, secretary general of the Korean Chamber of Commerce in Los Angeles. The city is home to one of the largest Korean communities in the country.

Statewide there are just over 450,000 Koreans residing in California, according to recent census figures. Many are small business owners,

accounting for roughly 2 percent – or 63,365 – of all small businesses in the state, data from the census show. In 2007, the latest date such figures are available, they tallied nearly $33 billion in economic activity.

Read More

Korean Small Businesses Earn More Green by 'Going Green'

New America Media, News Report, Aruna Lee, Posted: Oct 14, 2013

한국어

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