The MOTIE and KEMCO co-hosted an international conference for improving GHG reduction system.
The government seeks to build collaborative, or symbiotic relationship with the industry over the greenhouse gas (GHG) reduction scheme after remaining apart for the reason of undermining competitiveness of the industry.
The Ministry of Trade, Industry and Energy (MOTIE, Minister: Yoon Sang-jick) and Korea Energy Management Corporation (KEMCO, President: Byun Jong-rip) co-hosted on August 23 the ‘International Conference for Improvement of Greenhouse Gas Obligatory Reduction Scheme’ at the COEX in Seoul.
The international conference is designed to look into problems, such as undermining industrial competitiveness, that may be caused by implementing the ‘national GHG obligatory reduction system’ in light of examples in other countries, and seek proper solutions. At the conference, experts in Korea presented papers on ways of operating the certified emission reduction (CER) trading system in consideration of industrial competitiveness and way of improving GHG and energy target management system.
In the first session where participants discussed ‘trends of operating GHG obligatory reduction systems in other countries’, Team Leader Catherine Brouers at DEHSt in Germany and Dr. Bram Borkent at Ecofys in the United Kingdom present papers.
In this session, these experts discussed various problems caused by lack of opinion collecting procedures and methods as well as lawsuits filed by the industry in early stages of implementing the European Union Emission Trading System (EU-ETS), and suggested ways of operating the system that can prevent varied problems in advance.
In the second session, Director General Choi Gwang-rim at Business Institute for Sustainable Development in the Korea Chamber of Commerce & Industry presented a paper on the ‘Way of improving GHG obligatory reduction scheme in Korea’, and chairpersons of Target Management Partnership for Communication (TMPC) groups also presented papers.
At the conference, attendees discussed ways of improving the GHG and energy target management system into a mechanism that takes account of conditions in which companies in Korea can deal with GHG reduction scheme.
A manager at KEMCO said, “The Corporation will collect opinions of the industry and reflect them in the national GHG obligatory reduction system in order to successfully operate it. It will implement the system in consideration of equity with competitors in other countries at the level of ensuring sustainable development of companies.”
Presentation of papers by experts in Korea and other countries was followed by active discussions on relevant subjects, and all attendees empathized with the government’s direction of operating the system in the way of enhancing competitiveness of the industry.
Source : todayenergy