• KDI Journal of Economic Policy
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• v.14 no.1
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• pp.61-87
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• 1992

Reducing the level of greenhouse gas emissions is necessary to mitigate global warming. One of the most feasible methods to reduce emissions would be to conserve energy and substitute fossil fuels. Yet reducing emissions entails huge financial costs, so it is advisable to employ cost-effective economic instruments such as a carbon tax or tradeable emissions permits. Assuming that the proper economic tools will be used in the future, we calculated the optimal level of emissions reduction for Korea. We applied to our cost-benefit analysis Nordhaus' scenario regarding the economic damage from a $3^{\circ}C$ rise in global temperatures, which is the calculated result when the greenhouse gas level doubles. The result of our analysis based on the 1990 data indicates that the optimal level of emissions reduction ranges from 2% to 15 % of current emissions depending on the value of damage parameters. We also found that the amount of emissions must be reduced will increase if action is postponed, when the development of climate engineering technology or more efficient use of energy is expected. In addition, we discussed the advantages and disadvantages of the economic instruments available to implement emissions reduction. Tradeable permits and carbon tax are equivalent in their cost-effectiveness, but have different implications in practice.

• Proceedings of the Korea Water Resources Association Conference
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• 2022.05a
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• pp.517-517
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• 2022

세계는 기후 위기, Covid-19에 직면함에 따라 물 산업 분야 탄소감축에 대한 목소리가 높아지고 있다. GWI(Global Water Intelligence)에서는 2030 물 분야 탄소감축 목표를 달성하기 위하여 17억 8,500만 달러, 노후자산 교체를 위한 신규 인프라 건설에 40억5600만 달러의 비용이 들 것으로 추산하였다. 이에 본 연구는 국내 물산업의 탄소중립 목표 달성을 위한 물 기업 혁신 전략 마련에 앞서 '영국 물 산업 2050 혁신 전략' 사례를 고찰하였다. '영국 물 산업 2050 혁신 전략'은 물 산업의 변화를 자극하고 장기적으로 고객과 환경, 그리고 국제사회에 이바지하는 것을 목표하고 있다. 본 전략은 현재와 미래에 제공할 물 서비스에 영향을 미치는 주요 요인과 이해관계자의 요구(Needs)에 집중한다는 특징이 있다. 문제점에 대한 시스템적 관점을 취하면서, 물 부문이 더 넓은 사회적 요인(물, 식량, 에너지 등)에 대해 대응할 수 있는 역할을 제고하기 위함이다. 결과적으로, 산업 인프라 및 환경 관련 다양한 부문 간 협력에 의한 시너지 창출은 온실가스 배출 'Zero'(2050년) 목표 달성에 한발 다가설 것으로 기대되며, 에너지, 제조, 데이터 과학, 식량 안보, 생태 복원 등의 분야는 물 산업 간 연계성이 높아 물 분야 혁신의 기회로 작용할 것으로 예상된다. 본 연구는 물 산업 혁신 전략으로 첫째, 중장기적인 혁신을 제공할 수 있는 통합 혁신 센터를 설치하여 인적·물적 자원을 네트워크화하는 방안을 제시하였다. 둘째, 물 분야 데이터 개방을 통하여 일반, 학계, 중소기업, 스타트업 등과 공동성장 지원을 제시하였다. 셋째, 다양한 물 문제와 경영 의사결정에 환경성을 고려할 것을 제시하였다.

• Environmental and Resource Economics Review
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• v.17 no.4
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• pp.691-717
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• 2008

The Kyoto Mechanisms allows a supplementary means for compliance, CDM(Clean Development Mechanism) and JI(Joint Implementation) projects. The investment in CDM projects is increasing rapidly as the first implementation period began in 2008. This paper seeks to determine factors affecting the price of primary CER using UNFCCC CDM Project Development Document(PDD) data. This study employs the Cluster analysis and the GLS(Generalized Least Squares) method.

• Journal of Climate Change Research
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• v.3 no.2
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• pp.129-142
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• 2012

This study was carried out to evaluate carbon footprint during unhulled rice production and to compare mitigation technologies of methane, main carbon source during rice production, Carbon footprint of unhulled rice was a sum of $CO_2$ emission of agri-materials manufacture, rice cultivation and waste treatment. It was emitted 1.40 kg $CO_2$ during unhulled rice production, its distribution was 71.1% by $CH_4$ emission of rice cultivation, 11.8% of $N_2O$ emission by nitrogen application and 7.6% of complex fertilizer manufacture. $CH_4$ emission could be mitigated by some technologies; cultivation of the early maturing rice variety emitted lower by 44.4% than the mid maturing variety, intermittent drainage of submerged water by 43.8% than the continuous flooding condition, direct seeding by 32.0% than transplanting cultivation, no-ploughing by 20.9% than ploughing cultivation. It means that LCA on Global Warming Potential and the statistical data on innovated technical practice are key tools to systemize Measurable-Reportable-Verifiable (MRV) system for carbon footprint and carbon emission trade in the farm base.

• Environmental and Resource Economics Review
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• v.9 no.1
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• pp.209-228
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• 1999

탄소세는 기후변화 방지를 위한 구체적 수단으로 교토의정서에서 채택된 시장원리 중심의 유연성체계 장치와의 결합선상에서 주목을 받고 있다. 국제경쟁력 감소 총탄소배출량증가 등 잠재적 부작용에도 불구하고, 탄소세는 기후변화협약에 따른 의무감축 수행을 위한 비용 효과적인 방안으로 인식되고 있다. 선진국을 중심으로 볼 때, 지금까지 탄소세는 덴마크, 핀랜드, 네덜란드, 노르웨이, 스웨덴 등 북유럽 5개국이 부분적으로 실시하고 있으나 갖가지 예외조항의 실시로 인해 본래의 의미인 환경보호는 소홀히 취급되고 경쟁력 약화 우려가 정책결정의 주요한 변수로 작용하고 있다.

• Environmental and Resource Economics Review
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• v.21 no.4
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• pp.851-891
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• 2012

The objective of this study can be presented as follows: First, given the consumption-based carbon accounting method which has now been claimed, this study reviews the emissions within Korea and the resulting position change in international society. Second, when each nation makes efforts to reduce carbon emissions under the Copenhagen Accord, this study, using the Computable General Equilibrium (CGE) model, reviews the resulting carbon leakage and analyzes the effect from the various border adjustment measures. However, reflecting uncertainties in the negotiation processes, this study attempts to apply scenarios with regards to the reduction-mandatory nation group. In addition, this study tries to observe the impact on Korea through testing the various border adjustment measures, including the free allocation and embodied carbon tariffs.

• Journal of Korean Society of Environmental Engineers
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• v.34 no.6
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• pp.382-390
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• 2012

Global warming has been hot issue world wide. Korea has been dealing with the global issue under the slogan of low carbon and green-growth such as setting national greenhouse gas (GHG) reduction targets and allocation to each industrial sector. Infrastructure construction, in which enormous social overhead capital (SOC) is input, has great role as one of the actions. Road is one of the representative infrastructure and large amount of resources is utilized in its construction, operation and maintenance stage. The estimation methodology of life cycle carbon emissions was developed and applied to a case study of highway currently under construction in this study. Also, total carbon emissions of all the highway in South Korea at present (2009) and cumulative carbon emissions from 2009 to 2020 were estimated using the results of case study.

• Journal of Korean Society of Forest Science
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• v.100 no.4
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• pp.708-714
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• 2011

Wood store carbon that the forest absorbed until burned or decomposed over a long period. Such materials are most used in houses except in paper and pulp, and the use of wood in houses play an important role in reducing green-house gases. Therefore, we estimated the amount of carbon stocks in Korean houses, and analyzed how much contribution such stocks offers to green-house gas reduction. As the result, the carbon stocks amount of the wood products in Korean houses was 28.4 million $tCO_2$, which is 4.6% of the total annual green-house gas emission in Korea (620 million $tCO_2$ e), and 77.4% of forest sinks (LULUCF). Even though few wooden houses which use most wood in housing exist in Korea, the carbon stocks of wood products in houses in 2010 increased to 4.1 times that in 1975 (21.4 million $tCO_2$) because the carbon stocks increased due to apartment construction, which hit its stride from the last 1980's.

• Environmental and Resource Economics Review
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• v.26 no.1
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• pp.1-35
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• 2017

This study investigates a decomposition analysis of the determinants of the reduced $CO_2$ emissions in seven OECD countries that implemented carbon taxes from 1995 to 2013. Recent studies on decomposition analysis of changes in $CO_2$ emissions focused on technology-based physical factors; however, this study analyzes the effects of a carbon tax as an economic factor. According to the results obtained by using the Log Mean Divisia Index, the energy intensity effect and the carbon tax effect contributed the most towards the reduction of total $CO_2$ emissions in the seven OECD countries. The results for each country show that the emissions decreased due to the energy intensity effect, while the effects of carbon tax and carbon tax revenues differed by policy and environment of the countries.

• Journal of Climate Change Research
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• v.1 no.2
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• pp.97-107
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• 2010

A forest project for the sequestration of carbon dioxide helps to reduce the concerntration of greenhouse gas in atmosphere and provides various co-benefits. A lot of forestry-based carbon offset programs have been developing for the purpose of CSR(Corporate Social Responsibility), voluntary GHG emission reduction, and regulatory context etc. in worldwide. We studied major characteristics - project type and criteria, additionality, credits, permanence, carbon accounting and monitoring, co-benefit - of advanced forest carbon offset programs. Also, we tried to comprehend the direction and basic elements to design a domestic program.