Policy status:In Force
Date Effective:2010
Policy Type:Regulatory Instruments
Energy Efficiency Policy Targets:Industry
Agency:Ministry of Trade, Industry & Energy (MOTIE), Korea Energy Agency (KEA)
Legal References:Framework Act on Low Carbon, Green Growth
Enforcement:Guidelines on GHG·Energy Target Management(March, 2011)
Energy Efficiency Description:

The GHG and Energy Target Management Scheme designates companies that consume energy with certain amount of GHG emissions. The government and the companies negotiate targets for the reduction of GHG emissions and energy conservation. The government imposes a fine if the companies fail to achieve their targets.

Related policies:National Strategy for Green Growth

Last modified: Thu, 18 Feb 2016 16:37:40 CET