Webinars Enhesa's 2015 Global EHS Regulatory Forecast | Page 50

EHS Trend 3: Stricter Air Pollution Prevention and Control Measures _______________________________________________________________ China: South Korea: Integrated pollutant discharge permit system to be established at the national level. 7 regulations on the operation of the greenhouse gas emission trading system adopted in preparation of the system coming into effect in 2015 Facilities discharging pollutants, such as air emissions and wastewater, into the environment would soon be subject to the permitting requirements as provided under the Proposed Interim Management Measures on Pollutant Discharge Permit. ©2015 Enhesa. All rights reserved. A greenhouse gas emissions trading system in Korea will begin in 2015. If the company is one of the 526 large emitters of greenhouse gases designated as subject to the emissions trading system, the company will be required to participate in the emissions trading system. Enhesa's 2015 Global EHS Regulatory Forecast Australia: Emissions Reduction Fund legislation passed, expected implementation in 2015 Legislation implementing the Australian Government's Emission Reduction Fund (ERF) has passed in Parliament, and replaces the Carbon Pricing Mechanism entirely. 50