• Bulletin of Korea Environmental Preservation Association
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• s.413
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• pp.14-17
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• 2014

배출권거래제가 내년 1월부터 시행될 예정이다. 이에 기업들은 실제 온실가스 배출증가 추세와 신 증설 시설 투자계획 등을 고려한 현실적인 할당이 이루어지길 원하며 정부는 국가 감축목표 달성이 가능하도록 할당량을 결정하고자 한다. 온실가스 감축목표는 다양한 정책의 종합결과물로서 에너지정책, 산업발전정책, 온실가스 감촉기술발전 추이 등이 종합적으로 고려되어야 한다. 배출권거래제의 안정적 운영과 지속적인 경제성장을 담보하기 위해서라도 환경보전과 산업경쟁력을 동시에 고려하는 합리적 대안이 마련되기를 희망해 본다.

• Korea Petroleum Association Journal
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• s.300
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• pp.4-7
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• 2016

환경에 대한 관심이 그 어느 때보다도 높은 요즘, 지난 15년부터 시행된 '온실가스 배출권거래제' 1차 계획기간('15년~'17년)의 중간지점에 와 있다. 이에 제도의 주요쟁점 사항 및 이슈에 대한 이해를 돕기 위해 기획특집을 마련하였다.

• Bulletin of Korea Environmental Preservation Association
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• s.383
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• pp.32-35
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• 2009

• KDI Journal of Economic Policy
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• v.34 no.2
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• pp.173-204
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• 2012

This study examines the equilibrium investment on the pollution abatement when firms are facing Cournot competition in the output market while the pollution permit market is perfectly competitive. Unlike standard perfect competition scenario, the abatement investment delivers an indirect effect in which it reduces other firms' equilibrium output. Consequently, compared with the socially optimal level, overinvestment arises. I also overview the potential inefficiencies that imperfect market structure induces under the emission trading scheme, presenting policy implications.

• Bulletin of Korea Environmental Preservation Association
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• s.403
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• pp.22-25
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• 2013

기업들은 온실가스 배출권거래제를 대비하여 철저한 준비가 필요하다. 에너지 온실가스 경영을 적극 도입하여야 하며 사업장내의 감축이행에 소요되는 한계비용과 배출권 시장 가격 등을 고려한 다양한 감축 옵션을 검토하여 기업경쟁력 저하를 방지하고, 자사의 강점을 살려 기후변화 시대에 맞는 비즈니스모델 도출을 위한 준비에 힘써야 할 것이다.

• Environmental and Resource Economics Review
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• v.32 no.3
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• pp.149-166
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• 2023

The emissions trading system, introduced to reduce greenhouse gas emissions, experienced a sharp increase in emission allowance prices during the second plan period (2018-2020), which led to an increase in the demand for smooth supply and demand of emission allowances, while suppliers anticipating a shortage of emission allowances in the future did not participate in trading. Therefore, the authority temporarily revised the guidelines to ensure that the amount of allowances carried forward is proportional to the trading volume as a market stabilization measure. Through an optimization process using a dynamic nonlinear mathematical model, this paper analyzes the impact of the government's intervention on the carryover policy on GHG emission reductions and emission allowance market prices. According to the simulation analysis results, banking regulations could cause a decline in prices during the regulation period, even though the initial policy was predicted to be adopted.

• Korea Petroleum Association Journal
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• s.300
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• pp.8-11
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• 2016

• 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.

• Environmental and Resource Economics Review
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• v.11 no.1
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• pp.57-79
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• 2002

동 연구는 미국 캘리포니아주 San Joaquin Valley의 고정오염원들로부터 발생되는 ROG(Reactive Organic Gases) 배출량을 저감하기 위하여 명령통제방식(CAC)과 경제적 유인제도를 적용할 경우의 비용효과성을 비교 분석하였다. 경제적 유인제도로서는 UMPS(uniform marketable permit system)와 LMPS(localized marketable permit system) 배출권거래제도를 적용하였다. 분석결과 배출권거래제도(UMPS, LMPS)를 이용한 ROG 배출량 저감이 명령통제방식보다 비용이 적게 드는 것으로 나타났다. 한편, one-to-one permits trading이 허용되는 UMPS의 경우에는 일부 특정 지역에 대한 환경질이 악화되는 결과를 초래하는 경우가 발생하여, 궁극적으로 San Joaquin Valley의 ROG 배출량 저감을 위해서는 UMPS 방식의 배출권거래제도 도입이 보다 바람직한 것으로 나타났다.

• Environmental and Resource Economics Review
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• v.19 no.4
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• pp.875-896
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• 2010

Using the difference in differences (DID) estimation method, this paper analyzes the effect of European Union's Emission Trading Scheme (EU ETS) on the reduction of per capita $CO_2$ emission among the twenty five participating countries. For this, the panel dataset of forty two European countries for the period 1990~2007 is constructed. Special attention is paid to the bias of the standard errors in the DID estimation due to the presence of serial correlation in the error terms. The results shows quite a robust effect of EU ETS on the reduction of per capita $CO_2$ emission among the participating countries regardless of the calculation methods of standard errors. The results also shows that the increased implicit tax rate on energy has a robust effect on the reduction of per capita $CO_2$ emission. On the contrary, the estimation results regarding the effects of per capita GDP and population density on the per capita $CO_2$ emission seem inconsistent. In particular, the environmental Kuznets curve is not statistically supported with the use of robust standard errors.