'Low-carbon, green-growth' bill to be introduced
- 관리자
- 2008.09.02
- Hit 4305
The Korean government will lay legal framework for efficient implementation of policies on greenhouse gas reduction and climate change.
The government issued a preliminary notice on the legislation of a basic law on climate change, including the formulation of a comprehensive plan on climate change, the introduction of a greenhouse gas transaction system and a greenhouse gas statistics system, and the obligation of greenhouse gas emitting industries to report on emissions of such gases to the government.
This legislation carries great significance in that it will lay foundation for realizing a vision for "low carbon and green growth" through the development of low carbon technologies and new renewable energies, and that the government can effectively implement climate change-related policies.
The bill envisages the central and local governments working out comprehensive policies on climate change every five years, and making and carrying out action plans every year.
The bill also envisages launching a committee on climate change that will be tasked to review and approve basic policy directions and strategic planning for climate change-related policies, the formulation, implementation and evaluation of a basic comprehensive plan on climate change, and the research and development on climate change.
The committee will be chaired by the President, with the Prime Minister serving as its vice chairman and the heads of government agencies and civilian experts as members.
Meanwhile, a working-level subcommittee chaired by the Minister of the Prime Minister's Office will review and fine-tune major policies and plans to be submitted to the committee. In addition, a secretariat will be set up at the Prime Minister's Office.
For effective implementation of climate change-related policies, the committee will compile, verify and keep statistics on the total annual amounts of greenhouse gas emissions. To reduce greenhouse gas emissions, it will require the greenhouse gas emitting industries and public corporations to compile statistics on the amount of greenhouse gases they have emitted and report them to the government.
The bill will also lay foundation for allocating greenhouse gas emission allowances to those, who emit more than certain levels of such gases, and permitting transactions of all or some of the emission allowances.
In addition, the bill envisions establishing a climate change fund to effectively push and support climate change-related projects.
The bill will be subject to a public hearing by Sept. 18. It will be reviewed by the government deregulation committee, a joint session of the government and the ruling party, and the Ministry of Government Legislation, and will be subject to approval by the National Assembly. It will come into effect 3 months after it is promulgated.
An enforcement ordinance will be enacted to envisage the actual implementation of the greenhouse gas transactions and the emitters' reporting of amounts of such gas emissions to the government. It will also stipulate financial support and tax breaks for the greenhouse gas emitting industries to cope with a post-Kyoto regime with relative ease.
By Chung Myung-je
Korea.net Chief Staff Writer
The government issued a preliminary notice on the legislation of a basic law on climate change, including the formulation of a comprehensive plan on climate change, the introduction of a greenhouse gas transaction system and a greenhouse gas statistics system, and the obligation of greenhouse gas emitting industries to report on emissions of such gases to the government.
This legislation carries great significance in that it will lay foundation for realizing a vision for "low carbon and green growth" through the development of low carbon technologies and new renewable energies, and that the government can effectively implement climate change-related policies.
The bill envisages the central and local governments working out comprehensive policies on climate change every five years, and making and carrying out action plans every year.
The bill also envisages launching a committee on climate change that will be tasked to review and approve basic policy directions and strategic planning for climate change-related policies, the formulation, implementation and evaluation of a basic comprehensive plan on climate change, and the research and development on climate change.
The committee will be chaired by the President, with the Prime Minister serving as its vice chairman and the heads of government agencies and civilian experts as members.
Meanwhile, a working-level subcommittee chaired by the Minister of the Prime Minister's Office will review and fine-tune major policies and plans to be submitted to the committee. In addition, a secretariat will be set up at the Prime Minister's Office.
For effective implementation of climate change-related policies, the committee will compile, verify and keep statistics on the total annual amounts of greenhouse gas emissions. To reduce greenhouse gas emissions, it will require the greenhouse gas emitting industries and public corporations to compile statistics on the amount of greenhouse gases they have emitted and report them to the government.
The bill will also lay foundation for allocating greenhouse gas emission allowances to those, who emit more than certain levels of such gases, and permitting transactions of all or some of the emission allowances.
In addition, the bill envisions establishing a climate change fund to effectively push and support climate change-related projects.
The bill will be subject to a public hearing by Sept. 18. It will be reviewed by the government deregulation committee, a joint session of the government and the ruling party, and the Ministry of Government Legislation, and will be subject to approval by the National Assembly. It will come into effect 3 months after it is promulgated.
An enforcement ordinance will be enacted to envisage the actual implementation of the greenhouse gas transactions and the emitters' reporting of amounts of such gas emissions to the government. It will also stipulate financial support and tax breaks for the greenhouse gas emitting industries to cope with a post-Kyoto regime with relative ease.
By Chung Myung-je
Korea.net Chief Staff Writer