• Title/Summary/Keyword: Greenhouse Gas Pricing

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A Green House Gas Emission Estimation Based on Gravity Model and Its Elasticity (중력모형을 이용한 온실가스 배출량추정 및 탄력성분석)

  • Im, Yong-Taek
    • Journal of Korean Society of Transportation
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    • v.29 no.4
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    • pp.85-93
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    • 2011
  • Many policies, such as transit-oriented development, encouraged use of bicycle and pedestrian, reduction of green house gas (GHG) and etc., have been deployed to support transport sustainability. Although various studies regarding GHG were presented, no one has yet adequately explained the behavior of travelers. This paper proposes a GHG emission model by highlighting its sensitivity, elasticity with regard to such travel cost as travel time, travel fare, and GHG pricing, introduced to reduce the amount of GHG in transportation system. For better estimation of GHG, the proposed model adopts (1) a production-constrained gravity model and (2) the travel distance from the origin and the destination (OD). The gravity model has a merit that it considers travel pattern between OD pairs. The model was tested with an example, and the promising results confirmed its validation and applications.

The Comprehensive Equity Implications of a Carbon Pricing Policy in South Korea: Based on Environmentally Extended Input Output Analysis Together with Household Expenditure Data (탄소가격정책의 분배적 함의: 가계동향조사자료와 환경산업연관분석 (EEIO)을 이용해)

  • Kim, Hana
    • Journal of Environmental Policy
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    • v.14 no.2
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    • pp.101-131
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    • 2015
  • A cap-and-trade program accounting for 60 percent of total national greenhouse gas emissions was launched in South Korea in 2015. Academic literature expects that the implementation of such a policy is likely to adversely impact income distribution among various socioeconomic groups in developed countries. South Korea is challenged by equity issues, as well circumstances, the distributional implications of carbon pricing policies need to be examined and reflected in the design of the program prior to implementation in order not to exacerbate social inequity. Using environmentally extended input-output analysis together with household expenditure data, this study finds that a carbon pricing policy will be regressive in South Korea, but the extent depends on whether relative burdens of a carbon pricing policy are measured based on current incomes or proxies of permanent incomes. Along with poor households, this paper finds that elderly and urban households will be more adversely impacted in South Korea. These burdens can be relieved if a small fraction of the revenue is redistributed to households.

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Improving Social Acceptance for Carbon Taxation in South Korea

  • YEOCHANG YOON
    • KDI Journal of Economic Policy
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    • v.45 no.2
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    • pp.1-20
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    • 2023
  • Carbon pricing is in the spotlight as an economically efficient policy to limit global warming and reduce greenhouse gas emissions. We examine how policymakers can improve social acceptance of a carbon tax, which is the main obstacle in implementing the policy. We conduct a survey experiment to analyze this topic and adopt two different interventions focusing on the use of revenue from a carbon tax and types of information to be provided. Regarding revenue use, we consider 1) tax reductions, 2) lump-sum transfers, and 3) green project investments. For information types, we focus on 1) the economic value of a carbon tax, and 2) the environmental value of a carbon tax. We find that lump-sum transfers have negative impacts on social acceptance of a carbon tax. For those who perceive climate change as a serious issue, moreover, both lump-sum transfers and tax reductions have negative impacts on acceptability. Regardless of the type of information provided, on the other hand, the social acceptance of a carbon tax is increased after the provision of information. Furthermore, the impact of information provision on the social acceptance interacts with the revenue use impacts. When the revenue use and the type of information are consistent with the aim of the policy, the effects of these strategies can be amplified.

Dynamic Sustainability Assessment of Road Projects

  • Kaira, Sneha;Mohamed, Sherif;Rahman, Anisur
    • International conference on construction engineering and project management
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    • 2020.12a
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    • pp.493-502
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    • 2020
  • Traditionally, road projects are initiated based on an assessment of their economic benefit, after which the environmental, social and governance effects are addressed discretely for the project according to a set of predetermined alternatives. Sustainable road infrastructure planning is vital as issues like diminishing access to road construction supplies, water scarcity, Greenhouse Gas emissions, road-related fatalities and congestion pricing etc., have imposed severe economic, social, and environmental damages to the society. In the process of addressing these sustainability factors in the operational phase of the project, the dynamics of these factors are generally ignored. This paper argues that effective delivery of sustainable roads should consider such dynamics and highlights how different aspects of sustainability have the potential to affect project sustainability. The paper initially presents the different sustainability-assessment tools that have been developed to determine the sustainability performance of road projects and discuss the inability of these tools to model the interrelationships among sustainability-related factors. The paper then argues the need for a new assessment framework that facilitates modelling these dynamics at the macro-level (system level) and helping policymakers for sustainable infrastructure planning through evaluating regulatory policies.

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