Strategic analysis of the global status of carbon capture and storage. Report 3: country studies South Korea

Organisation: Global CCS Institute, Baker & McKenzie, WorleyParsons

South Korea does not currently have any policies or legislation dedicated to encouraging thedevelopment of CCS technologies or regulating the conduct of CCS projects in South Korea.However, South Korea began considering the development of CCS policies and legislation in 2008and this policy development process continues.

The Government is currently promoting the development of technology for capturing CO2. The legal basis for such government support is the Energy Basic Law.