• Title/Summary/Keyword: Environmental Economic Cost

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Development of the Performance Indicator for the Mitigation of Greenhouse Gas Emissions from Products - Estimation of Social Cost for Global Warming Impact using the Conjoint Analysis - (제품의 온실가스 배출저감에 대한 성과지표 개발 - 컨조인트 분석(conjoint analysis)을 이용한 지구온난화 영향의 사회적 비용 추정 -)

  • Jeong, In-Tae;Lee, Kun-Mo;Song, Jong-Sung
    • Journal of Korean Society of Environmental Engineers
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    • v.30 no.12
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    • pp.1245-1254
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    • 2008
  • Proposing a method for the estimation of the social cost for global warming impact (external cost) is the aim of this paper. Both the endpoint approach and conjoint analysis were applied to estimating the social cost for global warming. The endpoint approach was used to assess the damage on the safeguard subjects by global warming due to the emission of greenhouse gases into the atmosphere. The conjoint analysis was used to estimate the economic values for safeguard subjects which measure the social preferences and willingness to pay (WTP) on safeguard subjects. The economic values of human health and social asset were estimated at 62,261,700 Won / DALY (yr) and 10,000 Won / 10,000 Won, respectively. Moreover, cost factors of GHGs were calculated by multiplying the damage factor which is quantified the unit damage on safeguard subject and the economic value. In the case of CO$_2$, the cost factor was calculated at 13.52 Won / kg (13,520 Won / ton). External cost of products or services can be calculated by multiplying the GHG inventory result of products or services by the cost factor of each GHG. inventory.

A Decision-Supporting Model for Rehabilitation of Old Water Distribution Systems

  • Kim, Joong-Hoon;Geem, Zong-Woo;Lee, Hyun-dong;Kim, Seong-Han
    • Korean Journal of Hydrosciences
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    • v.8
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    • pp.31-40
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    • 1997
  • Flow carrying capacity of water distribution systems is getting reduced by deterioration of pipes in the systems. The objective of this paper is to present a managerial decision-making model for the rehabilitation of water distribution systems with a mininum cost. The decisions made by the model also satisfy the requirements for discharge and pressure at demanding nodes in the systems. Replacement cost, pipe break repair cost, and pumping cost are considered in the economic evaluation of the decision along with the break rate and the interest rate to determine the optimal replacement time for each pipe. Then, the hydraulic integrity of the water distribution system is checked for the decision by a pipe network simulator, KYPIPE, if discharge and pressure requirements are satisfied. In case the system does not satisfy the hydraulic requirements, the decision made for the optimal replacement time is revised until the requirments are satisfied. The model is well applied to an existing water distribution system, the Seoul Metropolitan Water Supply System (1st Phase). The results show that the decisions for the replacement time determined by the economic analysis are accepted as optimal and hydraulic integrity of the system is in good condition.

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A Study on the Methodology for Economic and Environmental Friendliness Analysis of Back-End Nuclear Fuel Cycles

  • Song, Jong-Soon;Chang, Soo-Young;Ko, Won-Il;Oh, Won-Zin
    • Journal of Radiation Protection and Research
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    • v.28 no.4
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    • pp.361-368
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    • 2003
  • The economic and environmental friendliness analysis of the nuclear fuel cycle options that can be expected in Korea were performed. Options considered are direct disposal, reprocessing and DUPIC (Direct Use of Spent PWR Fuel In CANDU Reactors). By considering the result of calculation of the annual uranium requirement and nuclear spent fuel generation by analysis of nuclear fuel material flows in the nuclear fuel cycle options, we decided the time of back-end nuclear fuel cycle processes and the volume. Then we can analyze the economic and environmental friendliness by applying the unit cost and unit value of each process, respectively.

Economic Analysis of Plant Utilities Under Environment Factor (환경요소를 고려한 발전설비의 경제성 평가)

  • 정석재;김경섭;박진원
    • Journal of the Korea Society for Simulation
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    • v.13 no.2
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    • pp.35-43
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    • 2004
  • The purpose of this study is an economic analysis of power plant utilities by comparing electricity generating cost including environmental costs. Considering the enormous role of electricity in the national economy, it is very important to study the effect of environmental regulation on the electricity sector. Because power utilities need for large investment during construction, operation and maintenance, and also require much construction lead time. Economic analysis is the important process in the electric system expansion planning. This paper compares the costs of electricity generation including environmental costs between a coal-fired power plant and an LNG combined cycle power plants. With the simulation, this study surveys the sensitivity of fuel prices, interest rate and carbon tax. In each case, this sensitivity can help to decide which utility is economically better in environmental regulation circumstance.

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Understanding and Attitude to Sustainable Development of College Students for a Nuclear Power Plant Construction in Education for Sustainable Development through Panel Discussion (패널토론을 적용한 지속가능발전교육에서 대학생의 원자력발전소 건립에 대한 지속가능발전 인식과 태도)

  • MOON, Sungchae
    • Journal of Fisheries and Marine Sciences Education
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    • v.27 no.5
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    • pp.1236-1251
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    • 2015
  • This study examined understanding and attitude of sustainable development(SD) of 38 college students in a nuclear power plant construction after education for sustainable development(ESD) through panel discussion. The results were as follows: First, after lesson 66% of students were expected that SD is possible if scientific technology is developed and a frugal life for the protection of environment is carried out. However, the remaining students regarded SD as an ideal concept, because they thought it is not possible to pursue environmental sustainability and socio-economic development simultaneously. Second, students' opinions in the evaluation of constructing a nuclear power plant in three aspects(environment, society and economy) before and after panel discussion were changed as follows; 1) After panel discussion, the objectors increased to 21% in economic evaluation, while the supporters increased to 11% in environmental evaluation. 2) Students majoring in engineering or natural sciences changed their opinions to agree in environmental evaluation because they considered a nuclear power plant safe and eco-energy. However students majoring in social science/business or liberal arts/arts changed their opinions to disagree in economic evaluation because they considered a nuclear power plant as high-cost energy when assessing danger-accidents cost, public consensus cost, operation and maintenance cost, and waste disposal cost. 3) This change of decision-making in students majoring in social science/business or liberal arts/arts after panel discussion was statistically significant(p<0.05). Implications of panel discussion as a teaching and learning method in ESD are also discussed.

SUSTAINABILITY SOLUTIONS USING TRENCHLESS TECHNOLOGIES IN URBAN UNDERGROUND INFRASTRUCTURE DEVELOPMENT

  • Dae-Hyun (Dan) Koo;Samuel Ariaratnam
    • International conference on construction engineering and project management
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    • 2013.01a
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    • pp.367-374
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    • 2013
  • Underground infrastructure systems provide essential public services and goods through buried structures including water and sewer, gas and petroleum, power and communication pipelines. The majority of existing underground infrastructure systems was installed in green field areas prior to development of complex urban built environments. Currently, there is a global trend to escalate major demand for underground infrastructure system renewal and new installation while minimizing disruption and maintaining functions of existing superstructures. Therefore, Engineers and utility owners are rigorously seeking technologies that minimize environmental, social, and economic impact during the renewal and installation process. Trenchless technologies have proven to be socially less disruptive, more environmentally friendly, energy conservative and economically viable alternative methods. All of those benefits are adequate to enhance overall sustainability. This paper describes effective sustainable solutions using trenchless technologies. Sustainability is assessed by a comparison between conventional open cut and trenchless technology methods. Sustainability analysis is based on a broad perspective combining the three main aspects of sustainability: economic; environmental; and social. Economic includes construction cost, benefit, and social cost analysis. Environmental includes emission estimation and environmental quality impact study. Social includes various social impacts on an urban area. This paper summarizes sustainable trenchless technology solutions and presents a sustainable construction method selection process in a proposed framework to be used in urban underground infrastructure capital improvement projects.

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Economic-based approach for predicting optimal water pipe renewal period based on risk and failure rate

  • Kim, Kibum;Seo, Jeewon;Hyung, Jinseok;Kim, Taehyeon;Kim, Jaehag;Koo, Jayong
    • Environmental Engineering Research
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    • v.24 no.1
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    • pp.63-73
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    • 2019
  • This study suggests a method for calculating the benefits of water pipe renewal based on an estimate of the water supply suspension risk. The proposed method based on five benefit items is more direct and specific than other benefit estimation methods. In addition, a methodology evaluating the economics of pipe renewal based on pipe failure rate is proposed for estimating the optimal renewal point from an economic perspective. By estimating the optimal renewal period based on a yearly benefit cost ratio per pipe in a case study area, it was possible to draft an optimal renewal plan for the subject region from an economic perspective. Compared with other methodologies, a reasonable optimal renewal period was derived from an economic point of view. The result of this study may be used to develop future water pipe renewal plans. Moreover, the proposed methodologies and results derived from this study can be applied to asset management plans.

Green-house GAS Reduction Through the Environmental Policy Mixes Both Environmental Trading and Carbon Taxes (온실가스 감축을 위한 배출권거래제와 탄소세의 정책혼합 효과 분석)

  • Lim, Jae-Ku;Kim, Jeong-In
    • Environmental and Resource Economics Review
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    • v.12 no.2
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    • pp.245-274
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    • 2003
  • This paper analyzes the economic and environmental impacts of domestic policy to reduce greenhouse gas emissions by focusing on carbon tax, domestic emissions trading and the mixture of these policies. By utilizing a dynamic CGE model, KORTEM, this study shows that the economic cost under carbon tax is projected to be higher than that under emission trading. It is because under carbon tax scheme each emitter in economy must meet its emission target regardless of the abatement cost. On the other hand, emission trading allows emitters to reduce the marginal cost of abatement through trading of emission permits. In designing policy portfolio to address the climate change problem in Korea, therefore, this paper proposes the introduction of domestic emission trading scheme as the main domestic policy Instrument.

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A Study on Reduction of Business Logistics Cost through Environmentally-Conscious Logistics Activity (친환경적인 물류 활동을 통한 기업 물류비 절감에 관한 탐색적 연구)

  • Choi, Jun-Ho;Oh, Sun-Il;Lee, Eun-Sook;Kang, Kyung-Sik
    • Journal of the Korea Safety Management & Science
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    • v.11 no.2
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    • pp.145-152
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    • 2009
  • As the industry develops, the amount of wastes is increasing in the economic system with various needs. As a result, the environmental problems are emerging as serious social issues and all the parties are required to make their best efforts. Among the issues proposed as the environmental issues, the logistics-related issues are exhaustion of the resources, global warming, environmental pollution, and acidification and so on. In order to respond to the environmental issues of the earth, the advanced countries are setting retrenched goals, reduction of the new greenhouse gases and accomplishment of retrenched goals by cooperation between the nations. Economic activities inevitably bring environmental problems and logistics is implementing those activities. The companies should perform the roles to resolve the environmental problems as the main cause of environmental pollution. Therefore, along with spreading recognition of social demand, the companies are required to establish policies regarding the environment and they should approach the issues from the perspective of resource circulation. These environment-friendly activities are emerging as the new source of competitiveness in the logistics field. Therefore, this study analyzes the effects of environment-friendly logistics activities on the reduction of logistics cost to reduce and resolve the environmental issues such as environment preservation, recycling and so on.

The Impacts of Greenhouse Gas Abatement on Korean Economy and Energy Industries : An Economic Analysis Using a CGE Model (온실가스 배출 감축이 한국경제와 에너지산업에 미치는 영향 - CGE 모형을 사용한 경제적 분석 -)

  • Lim, Jaekyu
    • Environmental and Resource Economics Review
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    • v.10 no.4
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    • pp.547-567
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    • 2001
  • This paper analyzed what kind of institutional scheme for domestic policy instruments to reduce GHG emissions are desirable for Korea in complying with the international efforts to mitigate climate change, by focusing on independent abatement(equivalent to the imposition of carbon tax) and domestic emission trading. It also examined the economic and environmental implications of recycling the government revenue created from implementation of those policies. By utilizing a dynamic CGE model, this study shows that the economic cost under independent abatement is projected to be higher than that under emission trading. It is because under independent abatement scheme each emitter in economy must meet its emission target regardless of the abatement cost. On the other hand, emission trading allows emitters to reduce the marginal cost of abatement through trading of emission permits. In designing future domestic policies and measure to address the climate change problem in Korea, therefore, this study proposes the introduction of domestic emission trading scheme as the main domestic policy instrument for GHG emission abatement. In terms of double dividend, in addition, this study shows that both independent abatement and emission trading schemes under various assumption on the revenue recycling may not generate the double dividend in Korea.

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