• Journal of Environmental Policy
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• v.12 no.2
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• pp.59-86
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• 2013

We analyzed the correlation among the GHG (Greenhouse Gas) emission, energy consumption and economic growth for the 6 specific regions in Korea by using Panel approaches with the test of the EKC hypothesis. We also analyzed the effects of environmental regulation on GHG and economic growth. The results show that by testing of the EKC (Environmental Kuznets Curve) hypothesis model,the effects of the environmental regulation and the structure of industries on GHC emission have a significant result on the regional analysis for SOx. For the NOx and TSP, only TK region passed the turning point of the EKC among the 6 specific regions. And, for the Co, the Central, Honam and the PUKN region passed the turning point of the EKC. This is because GHG emissions by the environment regulation had a weak path effect and also regional industry structures had a weak relation with regional GHG emissions.

• Journal of Climate Change Research
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• v.5 no.2
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• pp.153-163
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• 2014

This study analyzed directions of the energy product efficiency improvement and Carbon Tax for the domestic building sector. In order to analyze GHG reduction potential and total cost, the cost optimization model MESSAGE was used. In the case of the "efficiency improvement scenario," the cumulative potential GHG reduction amount - with respect to the "Reference scenario" - from 2010 to 2030 is forecast to be $104MtCO_2eq$, with a total projected cost of 2.706 trillion KRW. In the "carbon tax scenario," a reduction effect of $74MtCO_2eq$ in cumulative potential GHG reduction occurred, with a total projected cost of 2.776 trillion KRW. The range of per-ton GHG reduction cost for each scenario was seen to be approximately $-475{\sim}272won/tCO_2eq$, and the "efficiency improvement scenario" showed as the highest in the order of priority, in terms of the GHG reduction policy direction. Regarding policies to reduce GHG emissions in the building sector, the energy efficiency improvement is deemed to deployed first in the future.

• Environmental and Resource Economics Review
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• v.24 no.1
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• pp.189-224
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• 2015

To meet sectoral emission target by 2020 and prepare for the emission trading scheme from 2015, decomposition analysis of energy consumption and GHG emission is required by 18 subsectors in industry sector where emission targets are established. Log Mean Divisia Index decomposition method was used to analyze factors' effects on energy and emission in the industry sector and by 18 subsectors from 2004 to 2011. Industrial energy consumption was increased due to the production effect and energy intensity effect. However structure effect contributes to the decrease of energy consumption. In terms of emissions (including indirect emission due to electricity consumption) in the industry sector, only structure effect contributed to the emission reduction. Factors' effects by subsectors were different. Cement industry, which is included at Nonmetal shows different results from those of Nonmetal industry and machinery industry, which is a subsector of Fabricated Metal, was also similar. In this regard, we should not apply the policy implications from decomposition analysis of aggregated industry such as Nonmetal or Fabricated Metal to its subsectors uniformly and develop a differentiated policy for each subsector industry.

• Journal of Energy Engineering
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• v.25 no.2
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• pp.94-100
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• 2016

ESS(Energy Storage System) is an important source that keeps power supply stable and utilizes electricity efficiently. For example, ESS contributes to resolve power supply imbalance, stabilize new renewable energy output and regulate frequency. ESS is predicted to be expanded to 55.9GWh of installed capacity by 2023, which is 30 times more than that of 2014. To raise competitiveness of domestic ESS industry in this increasing world market, we have disseminated load-shift ESS for continuous power supply imbalance with FR ESS, and also necessity to secure domestic track record is required. However in case of FR ESS, utility of installing thermal power plant is generally generated within 5% range of rated capacity, so that scalability of domestic market is low without dramatic increase of thermal power plant. Necessity of load-shift ESS dissemination is also decreasing effected by surplus backup power securement policy, raising demand for new dissemination model. New dissemination model is promising for $CO_2$ reduction effect in spite of intermittent output. By stabilizing new renewable energy output in connection with new renewable energy, and regulating system input timing of new renewable energy generation rate, it is prospected model for 'post-2020' regime and energy industry. This research presents a policy alternatives of REC multiplier calculation method to induce investment after outlining PV-connected ESS charge/discharge mode to reduce GHG emission, This alternative is projected to utilize GHG emission reduction methodology for 'Post-2020' regime, big issue of new energy policy.

• The Korean Journal of Air & Space Law and Policy
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• v.24 no.2
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• pp.47-67
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• 2009

In recent years, greenhouse gas (GHG) reduction has become high priority issue in international aviation. GHG emissions from the aviation sector only accounts for approximately 2 percent of total GHG emissions in the world. However, as with GHG gases in other sectors, it has been pointed out as a contributing factor to global warming and there is an ongoing conversation in the aviation community to establish international framework for emissions reductions. In the case of international aviation, effects of aviation activities of a State go beyond the airports and airspace of that State. This makes compiling of GHG emissions data very difficult. There are also other legal and technical issues, namely the principle of “Common but Differentiated Responsibility (CBDR)” under the United Nations Framework Convention on Climate Change (UNFCCC) and “Fair Opportunity” principle of the Chicago Convention. For all these reason, it is expected that it will not be an easy job to establish an internationally agreed mechanism for reducing emissions in spite of continuing collaboration among States. UN adopted the UNFCCC in 1990 and the Kyoto Protocol in 1997 to impose common but differentiated responsibility on emissions reductions. In international aviation, ICAO has been taking the lead in measures for the aviation sector. In this role, ICAO held the High-level Meeting on International Aviation and Climate Change on 7 to 9 October 2009 at its Headquarters in Montreal and endorsed recommendations on reducing GHG from international aviation which will also be reported to the 15th Meeting of the Conference of the Parties (COP15). Key items include basic principle in global aviation emissions reduction: aspirational goals and implementation options: strategies and measures to achieve goals: means to measure and monitor the implementation; and financial and human resources. It is very likely that the Republic of Korea will be included among the Parties subject to mandatory limitation or reduction of GHG emissions after 2013. Therefore, it is necessary for Korea to thoroughly analyze ICAO measures to develop comprehensive measures for reducing aviation emissions and to take proactive actions to prepare for future discussions on critical issues after COP15.

• 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.

• Journal of the Korean Society for Aviation and Aeronautics
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• v.27 no.1
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• pp.57-68
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• 2019

The emission trading system implemented in Korea is a system in which the government allocates or sells emission rights by setting the emission allowable amount to economic players subject to the emission trading system, allowing companies to freely trade shortfall or extra money through the emission trading market. Korea also had implemented its first emission trading system scheme period of time from 2015 to 2017. As a result of the first planning period in which total of seven Korean airlines were targeted, the emission amount was about 5.51 million KAU, while the quota amount was only about 4.85 million KAU, about 116% of the actual quota was emitted and Domestic airlines have incurred additional costs of about 10.7 billion won. Due to ICAO's implementation of CORSIA, the airlines are expected to have to shoulder additional costs because purchasing exceed quota will be increased in order to offset excess emissions not only on domestic but also on international routes. Thus, this paper had analyzed the characteristics of the carbon trading system of air transport industry and suggested a mix of regulatory policies as an improvement method.

• Environmental and Resource Economics Review
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• v.24 no.1
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• pp.55-84
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• 2015

Korea is one of the few OECD countries having no binding Greenhouse gas (GHG) emissions reduction obligations under the Kyoto Protocol. Korea is going to enforce a powerful greenhouse gas emissions control to the industry from 2015. Current GHG reduction policies do not take into account the trade-off between economic growth and GHG mitigation, this approach will not be sustainable. Sectoral approach, considering industry by industry may be more eco-friend approach. This study verified the validity of the analysis results counted from whole procedure of energy input-output analysis and decomposition analysis to sector 'Organic basic chemical products' and 'Cement and concrete products'. Empirical test was performed using changes in energy consumption, production, process improvements and new facilities. Although the results showed unstable fluctuations from Divisia index decomposition analysis, it was verified that the entire procedure can provide a clue in understanding of the industry's energy and GHG footprint.

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

• Journal of Environmental Policy
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• v.5 no.3
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• pp.57-78
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• 2006

Now post 2012 greenhouse gas reduction commitment being discussed, studies about long-term GHG reduction scenarios toward 2050 have actively been worked separately from 5 years short-term approach. In this paper, background, temperature target, $CO_2$ concentration target, national emission target, and approach of long-term reduction scenarios toward 2050 particularly in European countries such as UK, Germany, France, Netherlands et al. are reviewed. After comparing GDP and emission indices between Developed (European) countries and Korea, some implications of long-term GHG reduction scenarios are deduced. Acting early owing to uncertainty in climate change impact and technology development rather than delaying reduction activity owing to scientific uncertainty in climate change is needed. Providing our society's vision of climate change and government's explicit direction through long-term GHG reduction target setting toward 2050 and economic units' preparing for those are needed.