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A Study on Domestic Policy Framework for Application of Carbon Dioxide Capture and Storage(CCS)

2012
Scholarly Work
Sun-Young Chae, Suk-Jae Kwon
International Policy/Guidance
Carbon Capture, Utilization and Storage → Carbon Capture and Storage
Marine Sequestration, South Korea

3 Resources:

Link to article.

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Published article.

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MARINE ENVIRONMENT MANAGEMENT ACT

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Summary/Abstract

This paper examines the current status and policy development of Carbon Dioxide Capture and Storage (CCS) in Korea. It also analyzes the IEA CCS regulatory framework as a guideline and provides limitations and implications for marine geological storage in the Republic of Korea. The paper further provides some policy suggestions on establishing a legal framework based on the ‘Marine Environmental Management Act’, strengthening the role of an intergovernmental CCS committee, conducting CCS economic analysis based on various scenarios, providing economic incentives and public participation strategies, and establishing a specialized agency for information sharing.

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