• Title/Summary/Keyword: Emission trading

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A Study on the Effectso f ceiling on Emission Permits Trading (거래량이 한계설정이 배출권거래제에 미치는 영향)

  • 박진영;박영구;박찬국;김상준;최기련
    • Journal of Energy Engineering
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    • v.9 no.1
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    • pp.68-75
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    • 2000
  • 본 연구에서는 비용효과적인 배출권거래를 모델화하여 온실가스 저감비용과 거래 이윤측면에서 한계설정이 배출권거래제에 미치는 영향을 분석하였다. 그 결과 한계저감비용곡선이 한 국가의 배출권거래 행태를 결정하는 주요요소이며, 배출권거래시장에참여하여 저감의무량의 일정분을 거래를 통해 의무를 이해하고 잔여량만을 자국의 기술력으로 저감하는 것이 비용효과적임을 확인하였다. 또한 배출권의 구매량을 제한하는 계설정은 배출권의 초과공급으로 거래가격이 낮게 형성되어 거래이윤이 구매측에 편중되었으며, 판매량 제한 또는 구매와판매 양측의 거래량을 제한할 경우는 반대로 배출권의 초과수요로 거래이윤이 판매측에 편중되는 것으로 나타났다. 그리고 거래량의 제한이 없는 경우에 가장 비용효과적인 배출권거래의 행태를 보였으나, 지구온난화에 대한 역사적 책임또는 형평성 문제, Hot air 거래등의 문제로 한계설정을 해야한다면, 구매와 판매량을 모두 제한함으로써 거래당사국들간의 이윤 편중을 완화하는 방안으로 모색해야 한다는 결론을 얻었다.

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Development of the Social Responsibility Program (Aspect of Energy & Environmenrs) under CO2 Emission Trading Systems (탄소배출권 거래제도에 따른 기업의 에너지·환경 사회공헌 프로그램 도출 방법론)

  • AHN, JOONGWOO
    • Transactions of the Korean hydrogen and new energy society
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    • v.26 no.5
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    • pp.453-462
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    • 2015
  • In this study, a methodology is investigated for the development of social responsibility program employed by major domestic companies under social pressure. It is true, however, that its infancy in history and lack of experience makes it difficult to run novel programs for the companies on their own and it naturally leads to copying and/or slight modification of what others do. Utilizing widely accepted SWOT analysis, stakeholders analysis and PDCA Cycle, a methodology for the successful programs with sustainability is proposed by reflecting business nature and strategic direction. Three real cases are analyzed. In addition, relationship and position with social welfare organizations is elucidated.

Influences of Emission Trading on Current Electricity Market (배출권 거래가 현 전력시장에 미치는 영향)

  • Kim, Kwang-In;Kim, Doo-Jung;Moon, Young-Kwon
    • Proceedings of the KIEE Conference
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    • 2007.07a
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    • pp.119-120
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    • 2007
  • 지구온실가스에 대한 배출권거래제가 도입될 경우에는 현 변동비반영 전력시장에는 새로운 발전비용 요소가 추가되고 이에 따른 발전비용 및 거래비용이 증가됨을 밝혔다. 배출권 거래비용은 석탄, 중유, LNG발전의 순으로 증가하며, 향후 도입될 배출권 거래제에 대한 3가지 시나리오를 설정하여 분석한 결과, 발전비용의 증가는 시나리오별로 연간 112억원$\sim$1336억원이 소요되고, 시장에서의 거래비용은 이보다 작은 39억원$\sim$450억원 수준으로 나타났다. 또한 현 변동비반영 가격결정체제에서 배출권거래제를 도입하기 위해서는 기준배출비용을 산출하고 이를 조정하는 절차의 운영이 필요함을 밝혔다.

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A Fundamental Study on the Construction Scenario for Prediction of Carbon Emissions in Construction Site (건설현장 시공과정의 탄소배출량 예측 시나리오 구축에 관한 연구)

  • Lee, Chung-Won;Lim, Hyo-Jin;Tae, Sung-Ho
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2023.11a
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    • pp.247-248
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    • 2023
  • As carbon neutrality becomes an issue around the world, research is actively being conducted to achieve reduction targets for each industry by declaring 2050 carbon neutrality in Korea and implementing the greenhouse gas target management system and emission trading system. The construction industry quantitatively predicts and evaluates carbon emissions by stages through the evaluation of the entire building process, but research on this is insufficient in the case of the construction process. Therefore, as part of the research on predicting and reducing carbon emissions generated at construction sites, data from actual construction sites were collected to analyze the facilities and characteristics of each energy source, and a scenario was proposed to quantitatively predict the use of each energy source.

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Consideration of the Early Action in the GHG Emission Reduction (국내 온실가스 감축의 조기행동 인정 방안)

  • Song, Bo-Yun;Park, Su-Mi;Chung, Jin-Do
    • Journal of Korean Society for Atmospheric Environment
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    • v.27 no.2
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    • pp.209-213
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    • 2011
  • Enforcement Decree of the Framework Act on Low Carbon, Green Growth for achieving the country's GHG emission reduction goal of 30% was in effect. The remarkable content of the Act is the managements of targets for GHG reduction. So, the entities that have reduced voluntarily have much interest in the recognition of 'early action'. The recognition of early action is necessary to induce the fair competence of business entities and promote the voluntary GHG reduction. The definite and concrete guidance should be prepared. The important principles for this are the environmental integrity and the additionality. Based on this, the early action activities must be restricted to the voluntary, real, permanent, quantifiable, verifiable reduction. In the early action recognition, its credit should be allocated additionally set aside from the GHG target allocation in the national total allowance. Through this, the reward for the early reduction should be realized on market mechanism. The effective period to award the early action should be addressed. This can be the period after the enactment of framework on GHG reduction in effect and before the beginning year of GHG target control. It should be set with flexibility through the collection and consultation of the sector's opinions. The appropriate allowance reserve of early action was estimated as approximately 1~1.5% by using the data from the 'Pilot GHG Emission Trading Program' operated by Ministry of Environment. Also, the concrete and detail guidance to construct the necessary infra which is used to register the related information of early action activities should be prepared.

A study on the approach to reduce in the aviation GHG emissions in Korea (항공온실가스 배출현황 및 감축규제 대응방안)

  • Lee, Juhyoung;kim, Wonho;Kim, Yongseok;Choi, Sungwon
    • Journal of the Korean Society for Aviation and Aeronautics
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    • v.24 no.1
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    • pp.47-54
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    • 2016
  • Global aviation is projected to grow in demand by an annual average of 4.1% between 2014 and 2034. It can be said that environmental impact from aviation will therefore be expected to increase on a similar scale. As regards civil aviation emissions, the sector contributes between 2~3% to International aviation GHG emissions. In the European Union(EU), aviation emissions account for about 3% of the EU's total green house gas emissions, of which a majority are said to come from international flights. In terms of traffic volume in 2013, Korea's international aviation industry 11th with regard to passengers and 3rd with regard to cargo, attaining the overall rank of 5th in the world. GHG emissions has been increasing steadily over the last 4 years, averaging 3.9 percent a year, due to the growth of low cost carriers and the increased demand for air transportations. As for aviation in Korea, there are a number of means intended to attain the Government's emission control objective in an efficient manner, such as AVA (Agreement of Voluntary Activity), TMS (Target Management System) and ETS (Emission Trading Scheme). In addition, the Government intends to better adapt to ICAO's Global MBM(Market-based Measures) that will come into performance on Year 2020. In the study, we focused on GHG mitigation measures that is fulfilling the AVA, TMS, ETS in the Government and suggest the effective measures to reduction the aviation GHG emissions.

Estimation of CO2 Abatement Cost Considering Allocative Inefficiency of Inputs for the Korean Steel Industry: A Cost Function Approach (국내 철강업의 생산요소 간 비효율적 배분을 고려한 CO2 저감비용 산정 및 분석: 비용함수접근법)

  • Lee, Myunghun
    • Environmental and Resource Economics Review
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    • v.23 no.3
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    • pp.453-472
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    • 2014
  • Analyzing the effects of carbon emissions trading, which is scheduled to be introduced in Korea in 2015, requires an accurate assessment of $CO_2$ abatement costs by both industries and firms. Firms faced with regulatory constraints are unlikely to minimize their production costs due to rising production costs caused by allocative inefficiency of inputs. The use of a distance function would results in underestimation of $CO_2$ abatement costs, because it fails to capture the allocative distortion costs. Recognizing the disadvantage of the previous approach, first, this paper tests for allocative efficiency of input for the Korean steel industry over the period 1990-2010, then derives the marginal $CO_2$ abatement costs by applying a cost function approach. The hypothesis of allocative efficiency in inputs is rejected and the steel industry pays an annual average cost of 92,000 won in removing an additional ton of $CO_2$ over the sample period.

Development of a Model and Methodology for the Analysis of the $CO_2$ Emissions Reduction Effect through the Introduction of the G2B Systems in e-government : ECRE Approach (전자정부 G2B 시스템 도입에 따른 탄소저감효과 분석을 위한 모델 및 방법론 개발)

  • Lim, Gyoo-Gun;Lee, Dae-Chul;Lim, Mi-Hwa;Moon, Jong-In
    • The Journal of Society for e-Business Studies
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    • v.15 no.3
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    • pp.163-181
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    • 2010
  • As a part of efforts to reduce the global emissions of greenhouse gases, the Kyoto Protocol was signed by major developed countries ("Annex I" countries). According to the Kyoto protocol, the Emission Trading Scheme that derives a trading market of the $CO_2$ emission rights is appeared. It causes that business institutions give lots of efforts to reduce $CO_2$ by using new environmentally sound technologies or increasing efficiency in production. On the while there have been several studies trying to develop a methodology to measure the effect of $CO_2$ reduction and its monetary value. In this research we suggest ECRE (Evaluation of $CO_2$ Reduction in E-transformation) model which can measure the $CO_2$ reduction effect through the introduction of G2B system. ECRC model was developed based on the IPCC methodology. ECRC model measures the two major effects of the $CO_2$ reduction which are '$CO_2$ reduction effect from transportation' and '$CO_2$ reduction effect from the decrease of paper use'. In this paper, we calculate the economic effect of $CO_2$ reduction with the case of the G2B system in Korea. This research suggests a basic methodology to measure the $CO_2$ reduction performance for the e-transformed institution.

A Study of Policy Change on K-ETS and its Objective Conformity (한국 배출권거래제 정책 변동의 목적 부합성 연구)

  • Oh, Il-Young;Yoon, Young Chai
    • Journal of Climate Change Research
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    • v.9 no.4
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    • pp.325-342
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    • 2018
  • The Korea Emissions Trading Scheme ( K-ETS), which manages roughly 70% of the greenhouse gas emissions in South Korea, was initiated in 2015, after implementation of its 1st basic plan and the 1st allocation plan (2014) for the 1st phase (2015-2017). During the three and a half years since the launch of K-ETS, there have been critical policy change such as adjustment of the institutions involved, development and revision of the 2030 national GHG reduction roadmap, and change in the allocation plans. Moreover, lack of liquidity and fluctuation of carbon prices in the K-ETS market during this period has forced the Korean government to adjust the flexibility mechanism and auction permits of the market stability reserve. To evaluate the policy change in the K-ETS regarding conformance to its objectives, this study defines three objectives (Environmental Effectiveness, Cost Effectiveness and Economic Efficiency) and ten indicators. Evaluation of Environmental Effectiveness of K-ETS suggests that the national GHG reduction roadmap, coverage of GHG emitters and credibility of MRV positively affect GHG mitigation. However, there was a negative policy change implemented in 2017 that weakened the emission cap during the 1st phase. In terms of the Cost Effectiveness, the K-ETS policies related to market management and flexibility mechanism (e.g. banking, borrowing and offsets) were improved to deal with the liquidity shortage and permit price increase, which were caused by policy uncertainty and conservative behavior of firms during 2016-2018. Regarding Economic Efficiency, K-ETS expands benchmark?based allocation and began auction-based allocation; nevertheless, free allocation is being applied to sectors with high carbon leakage risk during the 2nd phase (2018-2020). As a result, it is worth evaluating the K-ETS policies that have been developed with respect to the three main objectives of ETS, considering the trial?and?error approach that has been followed since 2015. This study suggests that K-ETS policy should be modified to strengthen the emission cap, stabilize the market, expand auction-based allocation and build K-ETS specified funds during the 3rd phase (2021-2025).

Utilization of Upgraded Solid Fuel Made by the Torrefaction of Indonesian Biomass (인도네시아 바이오매스 반탄화를 통해 제조된 고품위 고형연료의 활용)

  • Yoo, Jiho
    • Clean Technology
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    • v.26 no.4
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    • pp.239-250
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    • 2020
  • Biomass is an abundant renewable energy resource that can replace fossil fuels for the reduction of greenhouse gas (GHG). Indonesia has a large number of cheap biomass feedstocks, such as reforestation (waste wood) and palm residues (empty fruit bunch or EFB). In general, raw biomass contains more than 20% moisture and lacks calorific value, energy density, grindability, and combustion efficiency. Those properties are not acceptable fuel attributes as the conditions currently stand. Recently, torrefaction facilities, especially in European countries, have been built to upgrade raw biomass to solid fuel with high quality. In Korea, there is no significant market for torrefied solid fuel (co-firing) made of biomass residues, and only the wood pellet market presently thrives (~ 2 million ton yr-1). However, increasing demand for an upgraded solid fuel exists. In Indonesia, torrefied woody residues as co-firing fuel are economically feasible under the governmental promotion of renewable energy such as in feed-in-tariff (FIT). EFB, one of the chief palm residues, could replace coal in cement kiln when the emission trading system (ETS) and clean development mechanism (CDM) system are implemented. However, technical issues such as slagging (alkali metal) and corrosion (chlorine) should be addressed to utilize torrefied EFB at a pulverized coal boiler.