Sulphur Emission Control Area traces of heavy metals, refined petroleum products containing halogen compounds, sewage sludge and sludge oil. The Marine Environment Protection Committee (MEPC) has strongly encouraged members to use the scheme to report the greenhouse gasses emissions. Those gasses include Carbon dioxide, Methane, Nitrous oxide, Hydrofluorocarbons, Perfluocarbons, and Sulfur hexafluoride. The purpose of making the guidelines on CO2 emissions is to develop a system that would be used by ships during a trial period. In 2013 new regulations described in a chapter added to the MARPOL Annex VI came into effect in order to improve "energy efficiency of international shipping. The regulations
Emissions Trading Scheme in South Korea in the scheme: Carbon Dioxide, Methane, Nitrous Oxide, Hydrofluorocarbons, Perfluorocarbons, and Sulfur hexafluoride. More than 525 business entities are subject to the ETS with specific emission targets set for each sectors. Similar to that of the European Union, South Korea has divided its emissions trading scheme into three phases. With differing time spans and targets within each phase. The country is currently in its first phase which started in 2015 and lasts until 2017. The second phase occupies a 3-year-span from 2018 to 2020 and the final third phase is from 2021 to 2025. During Phase 1 all permits will