• Journal of Environmental Policy
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• v.8 no.4
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• pp.95-124
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• 2009

This study aims to introduce greenhouse gas emission trading in Korea as a highly cost-effective mechanism for controlling emissions. The Basic Act on Low-Carbon Green Growth will cover methods of emissions allocation, national inventory, and trading systems (i.e. emissions trading platforms, national registry,and clearing and settlement platforms). The Korean emission scheme will be based on the Korean Climate Change Act proposed by the National Assembly and Government with a cap-and-trade scheme. The national allowances will be allocated by the hybrid system. To establish the national inventory, TRADEMARKS (Telemetering System) and emissions factors are effective for greenhouse gas emissions measurement. It will likewise be effective for the national registry to be implemented via a Korean Integrated Registry, the emissions trading platform via the KRX (Korean Exchange), and the clearing and settlement platform via the KSD (Korean Securities Depository). In other words, the KRX will manage product development and marketing for Korean Carbon Financial Instruments (including commodities, futures, and options contracts) listed and admitted to trading on the KRX. All emissions trades will be standardized and cleared by the KSD.

• The Korean Journal of Air & Space Law and Policy
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• v.24 no.2
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• pp.47-67
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• 2009

In recent years, greenhouse gas (GHG) reduction has become high priority issue in international aviation. GHG emissions from the aviation sector only accounts for approximately 2 percent of total GHG emissions in the world. However, as with GHG gases in other sectors, it has been pointed out as a contributing factor to global warming and there is an ongoing conversation in the aviation community to establish international framework for emissions reductions. In the case of international aviation, effects of aviation activities of a State go beyond the airports and airspace of that State. This makes compiling of GHG emissions data very difficult. There are also other legal and technical issues, namely the principle of “Common but Differentiated Responsibility (CBDR)” under the United Nations Framework Convention on Climate Change (UNFCCC) and “Fair Opportunity” principle of the Chicago Convention. For all these reason, it is expected that it will not be an easy job to establish an internationally agreed mechanism for reducing emissions in spite of continuing collaboration among States. UN adopted the UNFCCC in 1990 and the Kyoto Protocol in 1997 to impose common but differentiated responsibility on emissions reductions. In international aviation, ICAO has been taking the lead in measures for the aviation sector. In this role, ICAO held the High-level Meeting on International Aviation and Climate Change on 7 to 9 October 2009 at its Headquarters in Montreal and endorsed recommendations on reducing GHG from international aviation which will also be reported to the 15th Meeting of the Conference of the Parties (COP15). Key items include basic principle in global aviation emissions reduction: aspirational goals and implementation options: strategies and measures to achieve goals: means to measure and monitor the implementation; and financial and human resources. It is very likely that the Republic of Korea will be included among the Parties subject to mandatory limitation or reduction of GHG emissions after 2013. Therefore, it is necessary for Korea to thoroughly analyze ICAO measures to develop comprehensive measures for reducing aviation emissions and to take proactive actions to prepare for future discussions on critical issues after COP15.

• Journal of Energy Engineering
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• v.18 no.3
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• pp.191-202
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• 2009

South Korea, ranks 10th largest emitter of carbon dioxide in the world, will probably be under the obligation to reduce GHG emission from 2013. It is very important to reduce the electrical energy consumption since 30% of GHG emission in South Korea is made during electricity generation. In this study, based on "the 1st national energy master plan", the GHG emission reduction potential and the feasibility of the scenario in the electricity generation have been analyzed using LEAP(Long-range Energy Alternative Planning system). The scenario of the mater plan contains the 41% expansion of nuclear power plant facilities and the 11% diffusion of renewable energy until 2030. In result, total $CO_2$ emission reduction rate is 28.8% in 2030. Also $CO_2$ emission of unit electricity generation of bituminous coal power plant is $0.85kgCO_2/kWh$ and its LNG power plant is $0.51kgCO_2/kWh$ in BAU scenario. Therefore when existing facilities is exchanged for nuclear or renewable energy power plant, substitute of bituminous power plant is more effective than LNG power.

• Environmental and Resource Economics Review
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• v.33 no.1
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• pp.1-32
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• 2024

The emissions trading system stands as a pivotal climate policy in Korea, incentivizing abatement equivalent to 87% of total emissions (as of 2021). As the system likely has a far-reaching impact, it is crucial to understand how the real economic activity, energy sector, as well as environment would be influenced by its implementation. Employing a macroeconometric model, this paper is the first study analyzing the effects of the Korean emissions trading policy. It interconnects the Korean Standard Industrial Classification (Economy), Energy Balance (Energy), and National Inventory Report (Environment), enhancing its real-world explanatory power. We find that a 50% increase in emission permit price over four years results in a decrease in greenhouse gas emissions (-0.043%) and downward shifts in key macroeconomic variables, including real GDP (-0.058%), private consumption (-0.003%), and investment (-0.301%). The price increase in emission permit is deemed crucial for achieving greenhouse gas reduction targets. To mitigate transition risk associated with price shocks, revenue recycling using auction could ensure the sustainability of the economy. This study confirms the comparative advantage of expanded current transfers expenditure over corporate tax reduction, particularly from an economic growth perspective.

• Journal of Agricultural Extension & Community Development
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• v.19 no.1
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• pp.147-178
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• 2012

청정개발체제(CDM)는 1997년 교토의정서(Kyoto protocol)를 통해 확립된 온실가스 배출과 관련된 선진국과 개도국 간 협력 기제의 하나이다. 청정개발체제는 기본적으로 선진국의 정부 또는 민간조직이 개도국에서 배출감축 프로젝트를 수행하고, CER(Certified Emission Reduction)의 형태로 배출권을 얻는 것을 허용하고, CER을 자국의 배출감축목표 달성을 위해 사용할 수 있도록 하고 있다. 이 연구의 목적은 아세안 국가들의 청정개발 메커니즘의 성취도를 알아보는데 있으며, 자료는 2010년 10월 15일 현재 유엔기후변화기본협약(UNFCCC)에 등록된 254개 청정개발체제 사업을 대상으로 분석하였다. 이 연구의 결과, 전체 254개 사업 중 20%만이 탄소배출권을 받은 것으로 나타났으며, 실제 탄소배출권의 총량은 650만 톤이지만, 이는 전체 사업계획서에 반영된 양의 15%에 불과한 것으로 분석되었다. 또한 아세안 국가의 CDM사업과 관련된 장애 요인으로서는 (1) 사업 등록과 탄소배출권 승인 간 시간 격차가 존재하고, (2) 사업계획과 실제 승인량에 차이가 나타나며, (3) 특히 소규모 사업의 경우 높은 거래 비용 때문에 등록 후 배출승인을 신청하지 않고 있는 것으로 나타나고 있다. 이러한 연구결과는 아세안국가들이 CDM사업을 수행하는 데 있어서 선진국들의 주요 파트너가 되고 있지만, 실제로 사업을 통한 탄소배출량은 제한적일 수 있음을 의미한다. 따라서 일부 아세안 국가에서 교토의정서에 따라 자체적으로 탄소배출감축을 시도하고 있음을 고려할 때, 자체적인 CDM의 성공적인 경영, 수행, 운영을 위해 더 많은 선진국들의 협력과 지원이 주어질 필요가 있다.

• Journal of the Korea Organic Resources Recycling Association
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• v.28 no.1
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• pp.37-51
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• 2020

Following the Paris Agreement adopted at the end of 2015, global stock-taking has been planned to be carried out on a 5-year basis from 2023, and it is mandatory to report on national GHG inventory and progress toward achieving greenhouse gas reduction targets. To prepare for this, it is important to improve the reliability of estimation of the greenhouse gas emission, identify the characteristics of each greenhouse gas emission source, and manage the amount of emissions. As such, this study compared and analyzed the amount of emissions from the landfill sector using the 2000 GPG, the 2006 IPCC Guidelines, and the 2019 Refinement estimation method. As a result, in comparison to 2016, there were 2,287 Gg CO₂_eq. in scenario 1, 1,870 Gg CO₂_eq. in scenario 2-1, 10,886 Gg CO₂_eq. in scenario 2-2, 10,629 Gg CO₂_eq. in scenario 2-3, and 12,468 Gg CO₂_eq. in scenario 3. Thus, when the 2006 IPCC Guidelines were applied with respect to 2000 GPG, it was revealed that greenhouse gas emissions have increased. Such difference in the emission changes was due to the changes in the calculation method and the emission factor values applied. Therefore, it is urgent to develop national-specific values of the emission factor based on characteristics of greenhouse gas emission in Korea.

• Land and Housing Review
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• v.15 no.2
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• pp.1-7
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• 2024

The Ministry of Land, Infrastructure, and Transport has been promoting strengthening energy efficiency of old buildings through public green building remodeling projects since 2020. Green remodeling includes both essential and optional construction of passive and active elements. However, there is a lack of integrated designs of passive and active systems and no standards for prioritizing these systems according to the building's age. Therefore, this study examined six public libraries in central region 2 that were expected to be high energy consuming. Remodeling strategy priorities were selected based on potential energy reduction. The libraries were divided into three groups based on their year of construction, completed in the 1980s (Model 1), 1990s (Model 2), and 2000s (Model 3). ECO2-OD, based on ISO 13790 and DINV 18599, was used as the primary energy consumption analysis tool. Simulation results indicated Model 1 and Model 2 benefited most from higher insulation and replacement of mechanical equipment. Model 3 benefited most from upgrading to more energy efficient windows.

• Journal of the Korean Society for Railway
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• v.15 no.4
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• pp.408-412
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• 2012

Recently, new climate change mechanism after 2020 year has been accepted with the parties, and so government is pushing ahead the GHG reduction policies to achieve the effective results. Especially, it is essential to enhance the role of railroad in the public traffic system as well as to develop new cars with high energy efficiency for the GHG reduction of transportation sector. Thus, the calculation method of GHG emission of railroad should be established to manage the emission continuously. In this study, the calculation method of GHG emission of railroad was defined with Tier level considering its emission sources to refer to 2006 IPCC guideline for national GHG inventories. Also, the GHG emission of railroad at Tier 1 level was investigated using the activity data related to the amount of diesel and electricity consumption from 2008 to 2010. As a result, total GHG emission in 2010 was about 2,060 thousands ton CO2e, which have 73% of electricity and 27% of diesel. In future, the plans on the GHG reduction of railroad will be accomplished by the analysis of the detailed trends on the basis of the emission management of Tier 3 level under operating patterns. Therefore, it is important to develop the specific GHG emission factors of railroad in advance.

• Journal of the Korea Organic Resources Recycling Association
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• v.32 no.2
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• pp.37-48
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• 2024

Wastewater treatment plants (WWTPs) are obligated to reduce carbon emissions as a part of public sector greenhouse gas (GHG) emission reduction targets. However, Sewage Statistics(2022) shows that CO₂ emissions per wastewater treatment volumes have decreased by only 3.03 % compared to 2020, which is far from enough to meet the Nationally Determined Contribution (NDC) targets. This study aimed to find operational conditions of biological reactors that minimize total carbon footprint (CFP). Total CFP considers both direct emissions from biological processes and indirect emissions from energy consumption. A study was conducted using a computer simulation program which is called as EQPS for a 4-stage BNR WWTP. The results showed that total CFP was reduced by 10.97% compared to the design condition when the mixed liquor recirculation (MLR) was set to 100 % of the influent flow. The N₂O emission factor (EF) of the target WWTP was calculated to be 0.138-0.199 %, which is significantly lower than the IPCC default value of 1.6 %. This study proposes a method to minimize total CFP in WWTPs by optimizing biological reactor operation and emphasizes the need for further research on N₂O emission reduction.

• Journal of Korean Society of Environmental Engineers
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• v.39 no.6
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• pp.356-370
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• 2017

The energy savings and $CO_2$ emission reductions obtainable from the situation that the Smart Grid system (SGs) is assumed to be applied in Korea up to 2030 is quantitatively analyzed with many reported data. For calculation, SGs is divided into five sectors such as Smart Transmission and Distribution (ST&D), Smart Consumer (SC), Smart Electricity Service (SES), Smart Renewable Energy (SRE) and Smart Transportation (ST). Total annual energy savings in 2030 is estimated to be approximately 103,121 GWh and this is 13.1% of total electricity consumption outlook. Based on this value, total amount of reducible $CO_2$ emissions is calculated to 55.38 million $tCO_2$, which is 17.6% of total nation's GHG reduction target. Although the contribution of energy saving due to SGs to total electricity consumption increases as years go by, that of $CO_2$ emission reduction gradually decreases. This might be because that coal fired based power generation is planned to be sharply increased and the rate of $CO_2$ emission reduction scheduled by nation is very fast. The contributable portion of five each sector to total $CO_2$ emission reductions in 2030 is estimated to be 44.37% for SC, 29.16% for SRE, 20.12% for SES, 5.11% for ST&D, and 1.24% for ST.