Energy Tax Prevention Act this bill would have amended several core components of the Clean Air Act (CAA). Title III of the CAA would have been amended to have the term “greenhouse gas” include: water vapor, carbon dioxide, methane, nitrous oxide, sulfur hexafluoride, hydrofluorocarbons, perfluorocarbons and any other substance subject to, or proposed to be subject to, regulation, action, or consideration under this Act to address climate change. The Act said that the Administrator of the EPA may take no action involving the consideration of greenhouse gases as pollutants or contributing factors to climate change. It also said that “[nothing] shall cause a greenhouse
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