• Title/Summary/Keyword: Climate policy uncertainty

Search Result 45, Processing Time 0.028 seconds

Balancing the nuclear equation: Climate policy uncertainty and budgetary dynamics

  • Chang Li;Sajid Ali;Raima Nazar;Muhammad Saeed Meo
    • Nuclear Engineering and Technology
    • /
    • v.56 no.7
    • /
    • pp.2850-2858
    • /
    • 2024
  • Amidst the uncertainties of climate policy, investing in nuclear energy technology emerges as a sustainable strategy, fostering innovation in a critical sector, while simultaneously addressing urgent environmental concerns and managing budgetary dynamics. Our investigation inspects the asymmetric influence of climate policy uncertainty on nuclear energy technology in the top 10 nations with the highest nuclear energy R&D budgets (Germany, Japan, China, France, USA, UK, India, South Korea, Russia, and Canada). Previous studies adopted panel data methods to evaluate the linkage between climate policy uncertainty and nuclear energy technology. Nonetheless, these investigations overlooked the variability in this association across various countries. Conversely, this investigation introduces an innovative tool, 'Quantile-on-Quantile' to probe this connection merely for every economy. This methodology concedes for a more accurate evaluation, offering a holistic global perspective and delivering tailored insights for individual countries. The findings uncover that climate policy uncertainty significantly reduces nuclear energy technology budgets across multiple quantiles in most selected economies. Additionally, our results highlight the asymmetries in the correlations between our variables across the nations. These findings stress the need for policymakers to conduct thorough assessments and skillfully manage climate policy uncertainty and nuclear energy budgets.

A Review on Probabilistic Climate-economy Models and an Application of FUND (기후경제 모형의 불확실성 분석 방법 비교분석 및 FUND 모형 응용)

  • Hwang, In Chang
    • Environmental and Resource Economics Review
    • /
    • v.26 no.3
    • /
    • pp.359-398
    • /
    • 2017
  • Uncertainty is central to energy and climate policy. A growing number of literature show that almost all components of energy and climate models are, to some extent, uncertain and that the effect of uncertainty on the model outputs, in turn policy recommendations, is significantly large. Most existing energy and climate-economy models developed and used in Korea, however, do not take uncertainty into account explicitly. Rather, many models conduct a deterministic analysis or do a simple (limited) sensitivity analysis. In order to help social planners to make more robust decisions (across various plausible situations) on energy and climate change issues, an uncertainty analysis should be conducted. As a first step, this paper reviews the theory of decision making under uncertainty and the method for addressing uncertainty of existing probabilistic energy and climate-economy models. In addition, the paper proposes a strategy to apply an uncertainty analysis to energy and climate-economy models used in Korea. Applying the uncertainty analysis techniques, this paper revises the FUND model and investigates the impacts of climate change in Korea.

Variance Analysis of RCP4.5 and 8.5 Ensemble Climate Scenarios for Surface Temperature in South Korea (우리나라 상세 기후변화 시나리오의 지역별 기온 전망 범위 - RCP4.5, 8.5를 중심으로 -)

  • Han, Jihyun;Shim, Changsub;Kim, Jaeuk
    • Journal of Climate Change Research
    • /
    • v.9 no.1
    • /
    • pp.103-115
    • /
    • 2018
  • The uncertainty of climate scenarios, as initial information, is one of the significant factors among uncertainties of climate change impacts and vulnerability assessments. In this sense, the quantification of the uncertainty of climate scenarios is essential to understanding these assessments of impacts and vulnerability for adaptation to climate change. Here we quantified the precision of surface temperature of ensemble scenarios (high resolution (1km) RCP4.5 and 8.5) provided by Korea Meteorological Administration, with spatiotemporal variation of the standard deviation of them. From 2021 to 2050, the annual increase rate of RCP8.5 was higher than that of RCP4.5 while the annual variation of RCP8.5 was lower than that of RCP4.5. The standard deviations of ensemble scenarios are higher in summer and winter, particularly in July and January, when the extreme weather events could occur. In general, the uncertainty of ensemble scenarios in summer were lower than those in winter. In spatial distribution, the standard deviation of ensemble scenarios in Seoul Metropolitan Area is relatively higher than other provinces, while that of Yeongnam area is lower than other provinces. In winter, the standard deviations of ensemble scenarios of RCP4.5 and 8.5 in January are higher than those of December. Especially, the standard deviation of ensemble scenarios is higher in the central regions including Gyeonggi, and Gangwon, where the mean surface temperature is lower than southern regions along with Chungbuk. Such differences in precisions of climate ensemble scenarios imply that those uncertainty information should be taken into account for the implementation of national climate change policy.

Policy Studies for Advancing Aerosol Research on Climate Change in Korea (기후변화 대응 에어러솔 연구 발전을 위한 정책 연구)

  • Kim, Jiyoung;Lee, YongSeob;Shin, Im Chul
    • Atmosphere
    • /
    • v.20 no.1
    • /
    • pp.49-61
    • /
    • 2010
  • Atmospheric aerosols play a crucial role for changing climate, resulting in a wide range of uncertainty for future climate prediction. In this paper we review current international research status and trend of climate-related aerosol science. There have been carried out a number of campaigns (including ACE-Asia, TRACE-P, ABC, and so on) and special experiments with some modeling studies over Korea, East Asia, and the Northwestern Pacific to characterize the various properties (physical, chemical, optical, and radiative) of Asian aerosols and evaluate their climate forcing impacts. But some parts of the aerosol research may need to be improved, advanced, or newly launched. Especially, a chemical transport model (CTM) embedded by a general circulation model (GCM) should be developed by the national scientific community with a high research priority, actively collaborating with international community in order to estimate direct and indirect global radiative forcing due to anthropogenic and natural aerosols.

Deriving Robust Reservoir Operation Policy under Changing Climate: Use of Robust Optimiziation with Stochastic Dynamic Programming

  • Kim, Gi Joo;Kim, Young-Oh
    • Proceedings of the Korea Water Resources Association Conference
    • /
    • 2020.06a
    • /
    • pp.171-171
    • /
    • 2020
  • Decision making strategies should consider both adaptiveness and robustness in order to deal with two main characteristics of climate change: non-stationarity and deep uncertainty. Especially, robust strategies are different from traditional optimal strategies in the sense that they are satisfactory over a wider range of uncertainty and may act as a key when confronting climate change. In this study, a new framework named Robust Stochastic Dynamic Programming (R-SDP) is proposed, which couples previously developed robust optimization (RO) into the objective function and constraint of SDP. Two main approaches of RO, feasibility robustness and solution robustness, are considered in the optimization algorithm and consequently, three models to be tested are developed: conventional-SDP (CSDP), R-SDP-Feasibility (RSDP-F), and R-SDP-Solution (RSDP-S). The developed models were used to derive optimal monthly release rules in a single reservoir, and multiple simulations of the derived monthly policy under inflow scenarios with varying mean and standard deviations are undergone. Simulation results were then evaluated with a wide range of evaluation metrics from reliability, resiliency, vulnerability to additional robustness measures. Evaluation results were finally visualized with advanced visualization tools that are used in multi-objective robust decision making (MORDM) framework. As a result, RSDP-F and RSDP-S models yielded more risk averse, or conservative, results than the CSDP model, and a trade-off relationship between traditional and robustness metrics was discovered.

  • PDF

Evaluating Changes and Uncertainty of Nitrogen Load from Rice Paddy according to the Climate Change Scenario Multi-Model Ensemble (기후변화시나리오 다중모형 앙상블에 따른 논 질소 유출 부하량 변동 및 불확실성 평가)

  • Choi, Soon-Kun;Jeong, Jaehak;Yeob, So-Jin;Kim, Minwook;Kim, Jin Ho;Kim, Min-Kyeong
    • Journal of The Korean Society of Agricultural Engineers
    • /
    • v.62 no.5
    • /
    • pp.47-62
    • /
    • 2020
  • Rice paddy accounts for approximately 52.5% of all farmlands in South Korea, and it is closely related to the water environment. Climate change is expected to affect not only agricultural productivity also the water and the nutrient circulation. Therefore this study was aimed to evaluate changes of nitrogen load from rice paddy considering climate change scenario uncertainty. APEX-Paddy model which reflect rice paddy environment by modifying APEX (Agricultural Policy and Environmental eXtender) model was used. Using the AIMS (APCC Integrated Modeling Solution) offered by the APEC Climate Center, bias correction was conducted for 9 GCMs using non-parametric quantile mapping. Bias corrected climate change scenarios were applied to the APEX-Paddy model. The changes and uncertainty in runoff and nitrogen load were evaluated using multi-model ensemble. Paddy runoff showed a change of 23.1% for RCP4.5 scenario and 45.5% for RCP8.5 scenario compared the 2085s (2071 to 2100) against the base period (1976 to 2005). The nitrogen load was found to be increased as 43.9% for RCP4.5 scenario and 76.0% for RCP8.5 scenario. The uncertainty analysis showed that the annual standard deviation of nitrogen loads increased in the future, and the maximum entropy indicated an increasing tendency. And Duncan's analysis showed significant differences among GCMs as the future progressed. The result of this study seems to be used as a basis for mid- and long-term policies for water resources and water system environment considering climate change.

Preliminary Analysis of Climate Change Damage in Korea Using the PAGE Model (PAGE 모델을 이용한 한국 기후변화의 피해비용 분석)

  • Chae, Yeo-Ra
    • Journal of Environmental Policy
    • /
    • v.9 no.1
    • /
    • pp.31-55
    • /
    • 2010
  • This study aims to estimate potential climate change damage in Korea using the PAGE model. This study reviewed previous a reasearch to compare relative sensitivity to climate change in Korea and other regions to generate climate change damage function. It was found that sensitivity to climate change in Korea is similar to other Organization for Economic Cooperation and Development (OECD) countries. This study estimated climate change impact for three scenarios. If no action is taken, climate change damage cost in Korea could reach US$ 12,928 ~ 57,900 M. Cumulative Net Present Value (NPV)of climate change impact from 1990 to 2100 would be between US$ 143,226 ~ 921,701 Mdepending on emission scenarios. However, this result should be interpreted with caution as it draws its damage function based on only a few available references. Results also showed that an adaptation policy could decrease the degree of climate change impact significantly. If an adaptation policy is implemented, climate change impact will be decreased by US$ 11,355 million dollars in Korea in 2100.

  • PDF

Predicting the Potential Distribution of Korean Pine (Pinus koraiensis) Using an Ensemble of Climate Scenarios (앙상블 기후 시나리오 자료를 활용한 우리나라 잣나무림 분포 적지 전망)

  • Kim, Jaeuk;Jung, Huicheul;Jeon, Seong Woo;Lee, Dong-Kun
    • Journal of the Korean Society of Environmental Restoration Technology
    • /
    • v.18 no.2
    • /
    • pp.79-88
    • /
    • 2015
  • Preparations need to be made for Korean pine(Pinus koraiensis) in anticipation of climate change because Korean pine is an endemic species of South Korea and the source of timber and pine nut. Therefore, climate change adaptation policy has been established to conduct an impact assessment on the distribution of Korean pine. Our objective was to predict the distribution of Korean pine while taking into account uncertainty and afforestation conditions. We used the 5th forest types map, a forest site map and BIOCLIM variables. The climate scenarios are RCP 4.5 and RCP 8.5 for uncertainty and the climate models are 5 regional climate models (HadGEM3RA, RegCM4, SNURCM, GRIMs, WRF). The base period for this study is 1971 to 2000. The target periods are the mid-21st century (2021-2050) and the end of the 21st century (2071-2100). This study used the MaxEnt model, and 50% of the presences were randomly set as training data. The remaining 50% were used as test data, and 10 cross-validated replicates were run. The selected variables were the annual mean temperature (Bio1), the precipitation of the wettest month (Bio13) and the precipitation of the driest month (Bio14). The test data's ROC curve of Korean pine was 0.689. The distribution of Korean pine in the mid-21st century decreased from 11.9% to 37.8% on RCP 4.5 and RCP 8.5. The area of Korean pine at an artificial plantation occupied from 32.1% to 45.4% on both RCPs. The areas at the end of the 21st century declined by 53.9% on RCP 4.5 and by 86.0% on RCP 8.5. The area of Korean pine at an artificial plantation occupied 23.8% on RCP 4.5 and 7.2% on RCP 8.5. Private forests showed more of a decrease than national forests for all subsequent periods. Our results may contribute to the establishment of climate change adaptation policies for considering various adaptation options.

Current Issues on Climate Change and Water (기후변화의 쟁점과 물)

  • Yun, Zuwhan
    • Journal of Korean Society on Water Environment
    • /
    • v.25 no.5
    • /
    • pp.641-650
    • /
    • 2009
  • The IPCC's standing on the anthropogenic warming is discussed in this article. The differences between the climate alarmist and skeptics have been addressed in terms of scientific and policy stand point of view. The political and economical significances of climate change have been discussed, too. Although atmospheric temperature and rainfall precipitation are two most important factors in the climate change, most of the recent attentions have drawn on mainly temperature and $CO_2$ issue. In spite of argues on the uncertainty in anthropogenic warming related to $CO_2$, the inevitable climate change should correspondingly change the humanity in near feature.

Investigating Factors that affect Attitude on Electric Vehicles for Global Climate Change and Environmental Policy

  • Hyeongdae MUN;Yooncheong CHO
    • Korean Journal of Artificial Intelligence
    • /
    • v.11 no.3
    • /
    • pp.7-15
    • /
    • 2023
  • Purpose: The purpose of this study is to investigate how consumers perceive electric vehicles and factors that affect attitude, satisfaction, and intention to use electric vehicles and to explore policy issues regarding climate change and global environment. By classifying actual and potential users, this study developed the following research questions: i) factors including economic feasibility, sociality, environmental sustainability, inefficiency, inconvenience, convenience, and uncertainty affect attitude to electric vehicles; ii) attitude to electric vehicles affects actual consumers' satisfaction; and iii) attitude to electric vehicles affects potential users' intention to use. Research design, data and methodology: This study conducted an online survey and applied factor and regression analyses and ANOVA to test hypotheses. Results: The results of this study found that economic feasibility and convenience factors significantly affect attitude in both cases of actual and potential users. How actual users perceive efficiency of electric vehicles negatively and uncertain issues such as battery technology affect attitude to electric vehicles. Conclusions: This study provides policy implications that foster promotional policies for the adoption of electric vehicles for environment and regulate negative aspects. This study also provides managerial implications for manufacturers to develop better technology competences to enhance reliability on electric vehicles.