1. Reason for Enactment

The Act on the Capture, Transportation, Storage, and Utilization of Carbon Dioxide has been enacted (Law No. 20203; February 6, 2024) to prevent the severe impacts of the climate crisis and contribute to the sustainable development of the national economy by establishing the matters required for the development of technologies and industrialization necessary to efficiently capture carbon dioxide emitted from industrial activities, etc., store it underground, or utilize it for industries/life. The proposed enactment aims to determine the matters delegated by the Act and its Enforcement Decree and the matters necessary for their implementation.

2. Main Contents

A. Methods of certification marks for carbon dioxide utilization technologies and products (Article 2 of the draft)

The enactment stipulates that matters pertaining to the design and methods of certification marks, etc. should be jointly determined and notified by the Minister of Information and Communication and the Minister of Trade, Industry and Energy. 

B. Promotion of certification marks (Article 3 of the draft)

1) The enactment stipulates that certified operators, when promoting certification details related to their facilities or products manufactured using the certified technology, must include the name of the evaluation agency and the certification date.

2) The enactment stipulates that authorized businesses should follow the provisions for prohibiting improper labeling and advertising under Article 3 of the Act on Fair Labeling and Advertising.