• Title/Summary/Keyword: Carbon Emission Analysis

Search Result 556, Processing Time 0.022 seconds

Research on Embodied Carbon Emission in Sino-Korea Trade based on MRIO Model

  • Song, Jie;Kim, Yeong-Gil
    • Journal of Korea Trade
    • /
    • v.25 no.2
    • /
    • pp.58-74
    • /
    • 2021
  • Purpose - This paper research on the embodied carbon emission in Sino-Korea trade. It calculates and analyzes the carbon emission coefficient and specific carbon emissions in Sino-Korea trade from 2005 to 2014. Design/methodology - This paper conducted an empirical analysis for embodied carbon emission in Sino-Korea trade during the years 2005-2014, using a multi-region input-output model. First, direct and complete CO2 emission coefficient of the two countries were calculated and compared. On this basis, combined with the world input-output table, the annual import and export volume and sector volume of embodied carbon emission are determined. Then through the comparative analysis of the empirical results, the reasons for the carbon imbalance in Sino-Korea trade are clarified, and the corresponding suggestions are put forward according to the environmental protection policies being implemented by the two countries. Findings - The results show that South Korea is in the state of net trade export and net embodied carbon import. The carbon emission coefficient of most sectors in South Korea is lower than that of China. However, the reduction of carbon emission coefficient in China is significantly faster than that in South Korea in this decade. The change of Korea's complete CO2 emission coefficient shows that policy factors have a great impact on environmental protection. The proportion of intra industry trade between China and South Korea is relatively large and concentrated in mechanical and electrical products, chemical products, etc. These sectors generally have large carbon emissions, which need to be noticed by both countries. Originality/value - To the best knowledge of the authors, this study is the first attempt to research the embodied carbon emission of ten consecutive years in Sino-Korea Trade. In addition, In this paper, some mathematical methods are used to overcome the error problem caused by different statistical caliber in different databases. Finally, the accurate measurement of carbon level in bilateral trade will provide some reference for trade development and environmental protection.

Estimation of Carbon Emissions Price Using Big Data Analysis Method (빅데이터 분석기법을 활용한 탄소배출권 가격 예측)

  • Im, Giseong;Park, Sangwon;Jang, Jiyoung;Lee, Minwoo;Han, Seungwoo
    • Proceedings of the Korean Institute of Building Construction Conference
    • /
    • 2019.11a
    • /
    • pp.50-51
    • /
    • 2019
  • Globally, South Korea is a country that has a lot of $CO_2$ emissions and has steadily increased its total greenhouse gas emissions since the 1990s. With the recent implementation of the carbon emission trading system in Korea, the importance of calculating $CO_2$ emissions of construction equipment is increasing, hence the need for accurate calculation of environmental penalties through allocating carbon emission rights. This study presents a methodology to predict the price of carbon credits using big data analysis method. This methodology is based on correlating and regression analysis of trends in carbon emission prices and search volumes. This study aims to support faster and more accurate budget calculations in the planning of the construction process based on the predicted price of carbon emission rights.

  • PDF

The Analysis of Carbon Emission Costs under Milk Run Logistics Strategy (순회배송 물류전략에서 탄소배출 비용의 효과 분석)

  • Min, Daiki
    • Journal of the Korean Operations Research and Management Science Society
    • /
    • v.40 no.1
    • /
    • pp.21-33
    • /
    • 2015
  • This paper develops an analytic model for minimizing the cost of distributing items by truck from one supplier to many customers under Milk run logistics strategy. The model derives formulas for not only inventory and transportation costs but also costs associated with carbon emission trading scheme. In addition, monetary investment for reducing carbon emissions is considered. We analyze how to determine optimal shipment size and carbon emission reduction investment. The purpose of this work is to evaluate the effects of carbon emission trading scheme on the Milk run logistics strategy in terms of how much to reduce carbon emissions and/or inventory and transportation costs. We analytically show that it is possible to reduce carbon emissions while reducing inventory and transportation costs by introducing cap-and-trade carbon emission trading scheme under certain conditions.

An Analysis of Dynamic Conditional Correlation among International Carbon Emission Trading Prices (국제 탄소배출권 가격의 동태적 조건부 상관관계 분석)

  • Dan-Dan Luo;Yin-Hua Li
    • Korea Trade Review
    • /
    • v.47 no.1
    • /
    • pp.99-114
    • /
    • 2022
  • This paper analyzed the dynamic conditional correlation between the carbon emission trading prices of Korea, China, EU, New Zealand. This paper was analyzed using the daily data of carbon emission trading prices of each country from January 12, 2015 to January 13, 2021 using the DCC-GARCH model. Summarizing the research results, first, the dynamic conditional correlation between carbon emission trading prices in the EU, Korea, and China, excluding New Zealand, was strong, indicating that there was a co-movement phenomenon. Second, it was found that carbon emission trading prices in major countries have a stronger tendency to co-movement due to global shocks. Third, it appears that the dynamic conditional correlation between the carbon emission trading prices of Korea and China is gradually strengthening. This study confirmed that the co-movement between carbon emission trading prices in Korea and other countries gradually intensified as time passed. In particular, it is meaningful in suggesting the implication that the phenomenon of co-movement between carbon emission trading prices in Korea and China is gradually intensifying.

GIS based Estimation of Carbon Emission for a Local Government Unit (지자체 단위의 GIS기반 탄소발생량 추정)

  • Kim, Tae-Hoon
    • Journal of Korean Society for Geospatial Information Science
    • /
    • v.19 no.4
    • /
    • pp.81-89
    • /
    • 2011
  • Low-carbon Green Growth is highlighted as the main issue from in and outof Korea. Recently Korean government and local goverment constructed a master plan and related database. Considering this as a starting point the carbon gross emission has become an important factor in the city planning and management of local goverment unit. This research was focused on the analysis of carbon gross emission and the environment of carbon occurrence using statistics and digital forest map for the Gyeonggi-do. Further research need to analysis the carbon absorption using satellite image for periodic database. These database will be available basic data for the policy making.

Carbon Emission Disclosure, Good Corporate Governance, Financial Performance, and Firm Value

  • KURNIA, Pipin;DARLIS, Edfan;PUTR, Adhitya Agri
    • The Journal of Asian Finance, Economics and Business
    • /
    • v.7 no.12
    • /
    • pp.223-231
    • /
    • 2020
  • This research aims to examine (1) the effect of carbon emission disclosure on firm value, (2) the effect of good corporate governance on firm value, (3) the mediating role of financial performance between carbon emission disclosure and firm value, and (4) the mediating role of financial performance between good corporate governance and firm value. The research sample includes 43 mining, agro, and manufacturing firms listed in the Indonesian Stock Exchange over the 2015-2017 period. Carbon emission disclosure is measured by an indicator of the Global Reporting Initiative Series of Environmental Aspect. Good corporate governance is measured by the corporate governance score of shareholder rights, boards of directors, outside directors, audit committee and internal auditor, and disclosure to investors. Financial performance is measured by return on assets, while firm value is measured by Tobin's Q. Data analysis uses the structural equation modeling. The result shows carbon emission disclosure and good corporate governance have no direct effect on firm value. On the other hand, financial performance mediates the effect of carbon emission disclosure and good corporate governance on firm value. It shows that higher carbon emission disclosure and good corporate governance are meaningless for the investor if they do not give any financial performance improvement.

An Analysis of Relationship between Carbon Emission and Urban Spatial Patterns (도시패턴과 탄소배출량의 관계 분석)

  • Kim, In-Hyun;Oh, Kyu-Shik;Jung, Seung-Hyun
    • Spatial Information Research
    • /
    • v.19 no.1
    • /
    • pp.61-72
    • /
    • 2011
  • Greenhouses gas emission due to usage of fossil fuel has been known as one of the main causes of global warming. Fundamentally, greenhouse gas is a by-product of economic activity. Since majority of economic activity happens in an urban setting, a countermeasure in an urban setting is needed. Therefore, an analysis of relationship between carbon dioxide emission and urban form will be investigated for urban planning and management in the future. The purpose of this study is to analyze the relationship between carbon dioxide emission and urban spatial patterns, and suggesting an urban form with low carbon dioxide emission. In order to achieve this, first theoretical analysis was carried out on urban spatial patterns related to physical size, usage rate, and activity level. Secondly, Seoul's dam on electricity, natural gas, local heating, petroleum, and water usage and mapping a carbon dioxide emission map. Thirdly, relationship between carbon dioxide emission and urban spatial patterns are analyzed and urban spatial patterns that affects energy usage in urban setting was elucidated, and elicited implications on future directions on urban planning based on our analyses above.

Carbon Emission Analysis Considering Demand Response Effect in TOU Program (TOU 프로그램의 DR 효과를 고려한 탄소 배출 분석)

  • Kim, Young-Hyun;Kwag, Hyung-Geun;Kim, Jin-O
    • The Transactions of The Korean Institute of Electrical Engineers
    • /
    • v.60 no.6
    • /
    • pp.1091-1096
    • /
    • 2011
  • Currently, the concern about the environment is the issue all over the world, and in particular, carbon emissions of the power plants will not be able to disregard from the respect of generation cost. This paper proposes DR (demand response) as a method of reducing carbon emissions and therefore, carbon emissions cost. There are a number of studies considering DR, and in this paper, the effect of DR is focused on the side of carbon emission reduction effect considering Time-Of-Use (TOU) program, which is one of the most important economic methods in DSM. Demand-price elasticity matrix is used in this paper to model and analyze DR effect. Carbon emissions is calculated by using the carbon emission coefficient provided by IPCC (Intergovernmental Panel on Climate Change), and generator's input-output characteristic coefficients are also used to estimate carbon emission cost as well as the amount of carbon emissions. Case study is conducted on the RBTS IEEE with six buses. For the TOU program, it is assumed that parameters of time period partition consist of three time periods (peak, flat, off-peak time period).

A Study on the Functional Unit Trend of Carbon Dioxide Emission in the Construction Materials between 2000, 2003 and 2005 (건축재료의 이산화탄소 배출원단위 변화추이연구)

  • Lee, KangHee;Lee, HaShik;Yang, JaeHyuk
    • KIEAE Journal
    • /
    • v.10 no.5
    • /
    • pp.123-129
    • /
    • 2010
  • This study aimed at analyzing the trend of carbon dioxide emission for direct and indirect areas by using inter industry relations table between 2000, 2003 and 2005 in the key building materials and components. Results of this study are as follows; First, the material and components for this study was selected in 20 industries of products such as sand, gravel, cement, concrete articles, rebar, and steel bar. Second, among the 20 selected key building materials, the group with the highest carbon-dioxide emission was shown in ready-mixed concrete, concrete articles, and primary aluminum goods. Third, as a result of analyzing the changes to the units of carbon dioxide emission according to passage of time, the number of items which is changed in such as sustained increase or decrease over time was insignificant in carbon-emission change trend.

The Effect of Carbon Emission Disclosure on Firm Value: Environmental Performance and Industrial Type

  • HARDIYANSAH, Mohammad;AGUSTINI, Aisa Tri;PURNAMAWATI, Indah
    • The Journal of Asian Finance, Economics and Business
    • /
    • v.8 no.1
    • /
    • pp.123-133
    • /
    • 2021
  • This research aims to examine the effect of carbon emission disclosure on firm value and to reveal environmental performance and industrial type as the moderating variables. This study used 82 samples of companies listed on the Indonesia Stock Exchange (IDX) and receiving awards in the Indonesian Sustainability Reporting Award (ISRA) in 2014-2018. This study used a multiple linear regression analysis to test the hypotheses. The results showed that carbon emission disclosure had a positive and significant effect on firm value as carbon emission disclosure is a form of corporate concern on environment positively responded by the market and becomes the basis for investors to make their considerations in assessing the company sustainability. Besides, environmental performance and industrial type can strengthen the influence relationship of carbon emission disclosure on firm value since environmental performance was assessed based on ISO 14001 certification ensuring that the company has tried to preserve the environmental sustainability by creating a good environmental management system. Moreover, companies categorized into high profile industrial type have tried to change their unfavorable image and avoid lawsuits by performing carbon emission disclosure to gain positive responses from the market.