Outline of Korean Integrated CCS Act Draft and Its Implication

Abstract

Worldwide interest is growing upon Carbon Dioxide Capture and Storage (CCS) as a realistic measure to mitigate the greenhouse gases. Korean government as well fully supports on advancement of CCS research and development. Yet technology is only one side of the pillar. To implement the technology in practice, nationwide policies are necessary, which should be grounded upon stable and systemic CCS legislation. On March of 2016, Integrated CCS Act has been drafted by the governmental task force. This paper delineates the outline of the draft and illustrates details on important issues to balance between the efficiency and safety of CCS projects in Korean environment. © 2018 The Authors. Published by Elsevier Ltd.