• Environmental and Resource Economics Review
• /
• v.20 no.3
• /
• pp.489-529
• /
• 2011

When greenhouse gas mitigation policies are implemented, energy intensive manufacturing industries are influenced much due to an increase in cost. However, industries that have price setting power are damaged less by the policies. Therefore, this paper analyzes vulnerability of energy intensive manufacturing industries to the policies by measuring price setting power of the industries. We analyzed price setting power model through ECM, employing the import prices and wages as independent variables. The industries that their prices react to import prices are price takers, which their prices are determined by rival's ones. On the other hand, the industry that their prices react to wages that mean domestic cost are price setters, and they will be less vulnerable to the policies. In addition, fluctuation of energy prices would be reflected in import prices because it influences other countries than my one. Thus, we employed energy prices as control variable to measure the net effects of import prices. As empirical results, petroleum products, chemical products, non-metallic mineral products, textiles, and motor vehicles sector have price setting power, so the industries have competitiveness on greenhouse gas mitigation policies.

• Journal of the Korean Society for Geothermal and Hydrothermal Energy
• /
• v.7 no.1
• /
• pp.65-71
• /
• 2011

Recently, central and local governments of Korea have established and implemented various energy policies such as making energy map of city level and establishment of environment friendly city plan to materialize low carbon green city. To implement effectively these policies, however, conditions of energy consumption by each administrative district and each usage have to be verified exactly. This study is aimed to suggest a basic data for planing energy policy and energy demand prediction of city level by analyzing energy consumption unit and conditions of city gas by borough and usage in Busan.

• STI Policy Review
• /
• v.2 no.2
• /
• pp.11-24
• /
• 2011

S&T policy has been traditionally regarded as a sector policy; however, it is now evolving into an infrastructure innovation policy that forms the foundation of diverse types of policies. Simultaneously, environmental and energy policies formerly considered as sector policies are now being expanded and integrated into a higher level policy for sustainable development. With these changes underway, the importance of policy integration has increased. Efforts are being made to minimize contradictions between environmental, social, and innovation policies that emphasize proactive linkage among policies or place the highest priority on environmental policy following the theory of Environmental Policy Integration (EPI). Confronted with these policy changes, the Lee Myung-bak government announced "Low-Carbon Green Growth" in 2008 as national agenda for development that focus attention on environmental and energy issues. Economic policy and environmental policy have been traditionally seen in a conflicting relationship with different paths of policy development. However, the administration of President Lee is now emphasizing the synergy effects between the environment and economic growth with the concept of green growth. The green growth policy of the Korean government has great significance as it has built a momentum for incorporating social goals such as environmental values or sustainable development into economic growth-oriented policies; however, there remain many challenges due to the legacy of the development period that has dominated Korean society. The Korean government says it reflects "EPI" or "environmentalism" in policy goals; however, in reality it prioritizes development over the environment.

• Transactions of the Korean hydrogen and new energy society
• /
• v.25 no.2
• /
• pp.161-172
• /
• 2014

Hydrogen, which can be produced from abundant and widely distributed renewable energy resources, seems to be a promising candidate for solving the concerns for improving energy security, urban air pollution, and reducing greenhouse gas emissions. The two primary motivating factors for hydrogen economy are fossil fuel supply limitations and concerns about global warming. But the safety issues associated with hydrogen economy need to be investigated and fully understood before being considered as a future energy source. Limited operating experience with hydrogen energy systems in consumer environments is recognised as a significant barrier to the implementation of hydrogen economy. To prevent unnecessary restrictions on emerging codes, standards and local regulations, safety policies based on real hazards should be developed. This article studies briefly the direct impact-distances from hazard events such as hydrogen release and jet fire, and damage levels from hydrogen gas explosion in a confined space. Based on the direct impact-distances indicated in the accident scenarios and consumer environments in Korea, the safety policies, which are related to hydrogen filling station, hydrogen fuel cell car, portable fuel cell, domestic fuel cells, and hydrogen town, are suggested to implement hydrogen economy. To apply the safety policies and overcome the disadvantages of prescriptive risk management, which is setting guidance in great detail to management well known risk but is not covering unidentified risk, hybrid risk management model is also proposed.

• Korean Journal of Construction Engineering and Management
• /
• v.11 no.4
• /
• pp.32-40
• /
• 2010

Today, more than thiry countries around the world are designated as a mandatory GHG(GreenHouse Gas) emissions country from the UNFCCC(United Nations Framework Convention on Climate Change). Korea is also possible to designate a mandatory GHG emissions country after Second mandatory emissions which will be started in 2013. Accordingly, Korea government has made efforts to reduce GHG and has enforced energy-related policies to deduce building energy. But there is no process such as providing of existing building improvement recommendations or expert verification for building remodeling in Korea energy-related policies compared with policies in other countries. For this reason, improvements of Korea which divided governments and city provinces are suggested. However suggested improvements are directions, so additional research is needed for detail methods.

• KIEAE Journal
• /
• v.7 no.2
• /
• pp.17-23
• /
• 2007

While heat island has been recognized as an unique environmental nuisance in cities, the phenomenon tends to be regarded as an inevitable side effect on urbanization. Recently the nature of the heat island has been disclosed and efforts for the remedy have been discussed in many ways. Some pioneering actions have been taken to mitigate the strength of the heat island's intensity in several countries. After studies for the heat island and speculations on current pilot policies of 3 different countries has been done, mitigation policies for heat island has been suggested as followings. 1. Preservation of natural topography is essential because latent energy consumption(evapotranspiration) from the site is the single most important factor to mitigate the energy surplus caused by urban heat island. 2. Because current national zoning ordinance or building law can not effectively control the site specific local environment, heat island policy should be established or employed at local level. 3. Incentives for the mitigation should be adopted on the process of implementation because environment is public concern. 4. Wind can easily dissipate energy surplus which is the major driving force for heat island. Therefore local wind, the direction and intensity should be sustained and sometimes facilitated fully through policies.

• Journal of Environmental Policy
• /
• v.3 no.1
• /
• pp.55-69
• /
• 2004

Bioenergy can be obtained from various forms of biomass such as agricultural, food processing, and municipal wastes. Recently, its importance is recognized more seriously because of its positive impacts on economic and stable energy supply and environmental sustainability. Despite its advantages, bioenergy has not been used as much as it was expected, nor has it been developed to the level of attractive commercialization in energy market. The main reasons for the sluggish progress have been analyzed by comparing the bioenergy policies in Korea and U.S.A. Both Korea and U.S. governments have recognized the importance of bioenergy and put in various efforts to promote the use of bioenergy. Both governments have legislated alternative energy promotion plans that support R&D, tax reduction, rewards, and low interest loans. However, it is suggested that the bioenergy policy and plan juxtapose the financial supports (R&D, tax exemption, low interest loan, education, etc.) with strong mandates and obligations. Although imposing strong mandates prerequisites the economically attractive and feasible technologies, it can motivate and speed up more effective technology development, in turn. In addition, the bioenergy R&D support must include studies on commercialization and marketing as well as process development. R&D on the socioeconomic effects of bioenergy should also be supported. Lastly, decision making processes for the bioenergy policy, and for alternative energy overall, must include environmental agencies for taking advantage of environmental benefits of bioenergy.

• KIEAE Journal
• /
• v.12 no.6
• /
• pp.63-68
• /
• 2012

The aim of this study is to evaluate current policies and suggest the way of overcome financial impediments to the energy efficiency function of residential buildings. Based on this analysis the paper enumerates policy recommendations for enhancing how energy efficiency is addressed in building codes and other policies for residential buildings. For achieving this goal, this study conducts the cost-benefit analysis to measure total energy savings and associated total cost. The results of study shows that the cost is greater than the benefit from 1st to 4th year but the benefit will be greater than the cost for the rest of the year. In addition, this study designs a financial support method and an implementation mechanism. Investment from the capital market will take place with the government's interest subsidy. Home retrofit will be undertaken with low interest rate with 2.5% and the return will be paid by a monthly energy bill. The results of this study provides some useful insights for the policy design, including the importance of developing information tools for providing appropriate information to households.

• Journal of Contemporary Eastern Asia
• /
• v.19 no.1
• /
• pp.59-83
• /
• 2020

This paper examines the actions and the factors driving those actions to reduce energy consumption and enhance energy efficiency taken by United States cities. While not much empirical evidence is available on why governments pursue practical sustainability actions, we attempt to shed more light on this important topic by empirically identifying factors that contribute to concrete actions toward sustainability policies. We adopt political market theory as a basic theoretical framework with policy-making applied to city energy consumption. Using the 2010 ICMA (local government sustainability policies and program) data, this study expands the focus of analyses to evaluate the effect of the form of government on energy consumption and energy efficiency by using multiple regression analysis. The findings show that at the city level, the mayor-council form of government are negatively associated with governments' efforts to reduce energy consumption. However, cities with at-large elections and municipal ownership are more likely to adopt sustainability actions. We also find that a large-scale economy has significant effects on the effort to reduce city energy consumption and improve energy efficiency. This shows that environmental policies are directly connected to locally relevant affairs, including housing, energy use, green transportation, and water. Thus, local level administrators could take an executive role to protect the environment, encourage the development of alternative energy, and reduce the use of fossil fuel and coal energy. These efforts can lead to important environmental ramifications and relevant actions by municipal governments.

• KDI Journal of Economic Policy
• /
• v.41 no.4
• /
• pp.67-99
• /
• 2019

This paper, focusing on the renewable portfolio standard (RPS), evaluates alternative renewable energy policies. We propose a tractable equilibrium model which provides a structural representation of Korea's electricity market, including its energy settlement system and renewable energy certificate (REC) transactions. Arbitrage conditions are used to define the core value of REC prices to identify relevant competitive equilibrium conditions. The model considers R&D investments and learning effects that may affect the development of renewable energy technologies. The model is parameterized to represent the baseline scenario under the currently scheduled RPS reinforcement for a 20% share of renewable generation, and then simulated for alternative scenarios. The result shows that the reinforcement of the RPS leads to higher welfare compared to weakening it as well as repealing it, though there remains room to enhance welfare. It turns out that subsidies are welfare-inferior to the RPS due to financial burdens and that reducing nuclear power generation from the baseline yields lower welfare by worsening environmental externalities.