• Environmental and Resource Economics Review
• /
• v.23 no.4
• /
• pp.747-784
• /
• 2014

Many countries have implemented a variety of climate and energy policies to reduce greenhouse gas emissions and expand renewable energy production. The ultimate goals of those policies are associated with transition to a low-carbon economy that aims to combat climate change and economic growth. This study aims to examine empirically if the countries which implement overlapping climate policies and renewable energy policies show additional reduction of the GHG emissions than the countries which implement single climate or renewable energy policy. The result shows that overlapping policies contribute to reduce additional GHG but not all cases. In particular, only overlapping policies mixing 'ETS and RPS(renewable portfolio standards)' and 'Carbon Tax and FIT(Feed-in Tariff)' can lead to additional reduction of GHG emissions.

• Journal of Korean Society of Environmental Engineers
• /
• v.37 no.2
• /
• pp.107-112
• /
• 2015

Carbon emissions in construction stage is very high because lots of construction machines and materials are required to be used at a road construction stage. Many researcher carried out application of carbon emissions estimation methodology during the life cycle of road infrastructure in order to reduce greenhouse gas emissions in the road sector. But the calculation of carbon emissions is difficult because data collection is difficult and calculation procedure is complex. In this study, a basic unit of carbon emissions in construction stage of the road infrastructure was developed in order to get the quantitative determination of carbon that occurs. Carbon emissions of the expressway and common state road was calculated by using the basic unit of carbon emissions and application plan of basic unit of carbon emissions are presented.

• Environmental and Resource Economics Review
• /
• v.20 no.2
• /
• pp.199-228
• /
• 2011

In this study, the effect on the economy-energy-environment gap among regions of reducing GHGs is analyzed under various scenarios, using a multiregional dynamic CGE model. Regions in Korea are classified as six metropolitan areas. Scenarios are set in three cases such as self-regulatory measures, carbon tax and emissions trading scheme. The reduction target under each scenario is again classified according to volume basis and intensity basis. In results, self-regulation is shown to deepen the economic divide mostly, followed by a carbon tax, emissions trading scheme in order. This result could be interpreted such that a system based on market incentives gives less effect on the gap among regions. However, market incentives based system is expected to take time to build. Thus in implementing policies to increase short-term effects of the reduction targets, complementary policies are needed to reduce the regional devide.

• Environmental and Resource Economics Review
• /
• v.31 no.2
• /
• pp.261-290
• /
• 2022

Although market stabilization measures have been triggered in the K-ETS, carbon price is still under uncertainty. Considering Korea's 2030 enhanced reduction target announced in October 2021, it is crucial to have practical stabilization measures to appropriately deal with price uncertainty. This study examines the quantitative effects of a price collar, which is considered as a means of alleviating price uncertainty, on expected cumulative emissions and abatement costs. There are three main scenarios: carbon tax, emissions trading system, and emissions trading system with a price collar. Monte Carlo simulation was conducted to reflect uncertainty in emission. There are several results as follows: 1) In a price collar, domestic emission target is likely to be achieved with a lower expected abatement cost than other scenarios. In addition, there is a small amount of excess emissions in this research and it would be not critical(0.1% excess than target); 2) Prohibiting banking increases the expected abatement cost. This is because firms can not intertemporally reallocate allowances to match the firm's optimal emissions path; 3) With the adoption of a price collar, government's net revenue can be positive even if the government's purchase volume of emissions allowances is more than sales volume. This is because the government sells them at price ceiling and purchases them at price floor.

• Journal of Energy Engineering
• /
• v.29 no.1
• /
• pp.1-12
• /
• 2020

The rapid climate change is strengthening carbon emissions regulations internationally. Korea is strongly pressed to accept the obligation to reduce greenhouse gases as one of the United Nations Framework Convention on Climate Change. This article analyzed the Granger causalities among environmental regulation, economic growth, electricity consumption, and CO₂ emission in Korea, using unit root test, cointegration test, and vector error correction model. As the results, environmental regulation has shown the bidirectional causalities with electricity consumption and CO₂ emission, while being unilaterally affected by economic growth in the long-run and strong relationship. Economic growth has affected electricity consumption, CO2 emission, and environmental regulation in the long-run, in the complex structure of the unilateral and short-run causality with electricity consumption and the bidirectional causality with CO2 emission. The policy implications will be as follows: ① environmental regulation should induce sustainable growth through encouraging technological innovation relating to CO2 reduction and productivity enhancement. ② Responding to the international CO2 reduction regulation, the synthetic policy initiatives will be considered to make synergy effects among policies relating to economic growth, electricity consumption.

• Environmental and Resource Economics Review
• /
• v.27 no.1
• /
• pp.67-104
• /
• 2018

In this paper, we compare the spread effects of the carbon tax imposition method using the real business cycle model considering the productivity and energy price shocks. Scenario 1 sets the carbon tax rate that encourages the representative firm to maintain a constant $CO_2$ reduction ratio in accordance with its green house gas reduction targets for each period. Scenario 2 sets the method of imposing the steady state value of the carbon tax rate of Scenario 1 during the analysis period. The impulse response analysis shows that the responses of $CO_2$ emissions to external shocks are relatively sensitive in scenario 2. And simulation results show that the cost of $CO_2$ abatement is more volatile in scenario 1, and $CO_2$ emissions and $CO_2$ stock are more volatile in scenario 2. In particular, the percentage changes in volatility between the two scenarios of $CO_2$ emissions and $CO_2$ stock increase as the green house gas reduction target is harder. When the green house gas reduction target is 60% and over, the percentage changes(absolute value) between the two scenarios exceed the percentage change(absolute value) of the $CO_2$ reduction cost between them.

• New & Renewable Energy
• /
• v.1 no.3 s.3
• /
• pp.7-13
• /
• 2005

기후변화협약이 지난 2월16일 교토의정서의 발효로 새로운 국면을 맞이하게 되었다. 선진국들의 감축활동의 본격시작, EU의 배출권거래의 시작, CDM/JI사업을 통한 크레딧 확보를 인한 탄소기금의 형성 등 이제는 기후변화협약의 협상에 대한 논의에서 온실가스 감축을 위한 실질적인 이행이 시작되고 있다. 이산화탄소가 거래수단이 되는 새로운 경제체제가 만들어지고 있는데, 온실가스 감축실적이 양(+) 또는 음(-)의 추가적인 경제가치를 가지게 된다. 신재생에너지는 높은 초기투자비용에 의한 어려움을 가지고 있는데, 기후변화협약과 이에 의한 CDM사업의 활성화로 새로운 기회를 맞이하게 되었다. 신재생에너지 부문은 고유가와 온실가스 크레딧의 수요 증대로 시장의 수요와 기회가 증대되고 있지만, 이에 대하여 국내 입장에서 검토하여보고 이러한 기회가 어떤 의미를 가지게 되는지를 되짚어 보고자 한다.

• Proceedings of the KIEE Conference
• /
• 2009.07a
• /
• pp.559_560
• /
• 2009

정부의 녹색성장기본법(안)에 따라 총량제한 배출권 거래제가 도입될 예정이므로, 배출규제에 대응한 전력시장의 제도적 대응이 요구된다. 본 논문은 배출비용을 감안한 발전원가를 평가하고, 전력시장이 현 비용입찰시장(CBP)의 형태를 유지한다는 전제하에 배출규제에 따른 전력시장가격의 영향을 분석하였다. 배출비용을 감안하더라도 전원별 급전우선순위는 변화하지 않으므로 비용최소화를 위한 전략은 기존 발전패턴을 유지하고 배출권을 구입하는 전략이 된다. 그러나 전기요금 안정화를 위한 발전회사의 수익 규제는 연료전환을 유도하여 배출감축에는 기여하지만, 발전비용 및 전력시장가격을 다소 상승시키게 된다. 한편 발전회사에 대한 수익규제는 배출권시장의 수급여건을 변화시키게 되므로, 전력시장과 배출권시장의 운영, 분석 및 규제에 대한 일원화된 체제의 필요성을 강하게 시사한다.

• Environmental and Resource Economics Review
• /
• v.19 no.2
• /
• pp.243-282
• /
• 2010

In this paper, we analyze the components and trends of carbon emissions using the Logarithmic Mean Divisia Index decomposition method in Korean electricity industry during the period 1991~2007. In the demand side, carbon emissions are affected by electricity intensity and structural shift and especially electricity intensity is identified as the major factor which has lead carbon emissions decreasing. In the supply side, the result in variations of carbon emission for electric power generation depends on the influences of fossil fuel mix, fuel intensity, generation mix and so on. As a result fuel intensity is the most negative effect on both carbon emission intensity and the amount of carbon emission while the change of generation mix has a positive effect on increasing carbon emissions. And to conclude it needs to make the strategic policies to improve electricity intensity in the demand and to rise emission efficiency as well as to substitute thermal power generation in supply side.

• The tire
• /
• s.243
• /
• pp.30-33
• /
• 2010

교통사고 예방뿐만 아니라 범세계적인 협력이 필요한 탄소배출 감축과 직결되어 있는 타이어의 '적정 공기압 유지 관리'라는 최근 그 중요성과 필요성이 날로 커지고 있으나, 운전자들의 타이어 공기압 관리에 대한 의식은 저조한 실정이다. 이러한 상황에서 타이어 적정공기압과 관련한 범국민적인 안전의식 제고를 기대할 수 있는 캠페인이 지식경제부에서 주관하고 대한타이어공업협회 및 에너지관리공단을 비롯한 관련 기관과 업체들이 참여하여 향후 6개월간 대대적으로 추진될 계획이다.