• 제목/요약/키워드: carbon economic

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Information and Communications Technology, Economic Growth, and Carbon Emission Levels: The Case of South Korea

  • Lee, Jung-wan;Unger, Barry
    • 유통과학연구
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    • 제10권6호
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    • pp.7-15
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    • 2012
  • The paper deals with the impact of information and communications technology on carbon emissions and economic growth in South Korea. The quarterly time series data from the first quarter of 1970 to the third quarter of 2010 (163 observations) are collected and retrieved from the Bank of Korea database. The paper examines long-run equilibrium relationships using cointegration techniques and Granger causality with vector error correction models. In directional causality tests, information and communications technology shows highly significant positive effects on economic growth and marginal effect on carbon emissions. Carbon emissions and economic growth exhibit an inverse relationship with each other; that is, carbon emissions have an inverse relation to economic growth and economic growth does not significantly affect carbon emissions in South Korea. We also note possible implications regarding growth policies and the information communications technology and "green" technology sectors for economies in the range represented by Korea's 1970 - 2010 data.

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The Environmental and Economic Impact of Trade between South Korea and the United States

  • Tae-Jin Kim;Nikolas Tromp
    • East Asian Economic Review
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    • 제28권1호
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    • pp.37-67
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    • 2024
  • This paper analyses carbon emissions and value-added embodied in trade between two large developed countries, South Korea and the United States, during 2000-2014. Using multi-regional input-output (MRIO) tables, our analysis reveals that carbon emissions and value-added embodied in exports grew by 19% and 101% for South Korea but shrank by 43% and 7% for the United States. As a result, South Korea experienced a 40% increase in net carbon exports and 243% increase in net value-added exports. At the industry level, the primary drivers of changes in carbon exports were electricity and basic materials. The majority of industries in witnessed improvements in carbon intensities suggesting improved environmental efficiency. While both countries achieved a decoupling of carbon emissions from value-added exports, substantial year-to-year and sectoral variations were observed. Finally, structural decomposition analysis indicates that domestic supply-side factors played a role in decreasing emissions whereas foreign demand-side factors contributed to emissions increases. In line with the main findings, various implications for policy and future research are discussed.

해중림 조성사업의 경제성 분석:제주 우도 서광리 어장을 중심으로 (Economic Analysis of the Seaweed Forest Creation Project : the Case of Jeju Woodo Seokwang-ri)

  • 강석규
    • 수산경영론집
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    • 제42권1호
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    • pp.37-55
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    • 2011
  • This study is to examine the economic effects of seaweed forest creation project in the case of Jeju Woodo Seokwang-ri. Seaweed forest creation project will raise up the quality and quantity of coastal fisheries resource and improve the structure of coastal ecosystem as a project the recovery of coastal fisheries resource against barren ground like whitening event. The economic effect by seaweed forest creation project can be found not only in the income increase of fishermen but also in reduction of carbon dioxide. The results of this study are summarized as follows: First, the income increase effect of fishermen has economic value of 26,945 thousand won under a 30-year cash flow based on a 8.5% discount rate. This suggests that the seaweed forest creation project increases income of fishermen. Second, the reduction effect of carbon dioxide has economic value of 1,083 thousand won per year. This indicates that the seaweed forest creation project reduces carbon dioxide. In conclusion, the results of this study suggest the seaweed forest creation project has economic value in the case of Jeju Woodo Seokwang-ri.

탄소중립은 지속가능한 경제성장과 양립하는가? (Is Carbon Neutral Policy Compatible with Sustainable Economic Growth?)

  • 박호정
    • 자원ㆍ환경경제연구
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    • 제30권2호
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    • pp.347-364
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    • 2021
  • 국내의 탄소중립 정책은 다분히 온실가스 감축정책 위주로 구성되어 있는 것에 반해 미국, 영국, 중국 등 탄소중립을 선언한 국가는 경제성장과 기후변화를 동시에 달성하겠다는 목표를 갖고 있다. 본 논문은 온실가스 배출의 넷제로를 의미하는 탄소중립 개념을 램지의 경제성장 모형에 포함함으로써 탄소중립 정책이 자본축적의 장기적 동태적 과정에 미치는 효과를 분석하였다. 아울러 지속가능한 경제성장을 달성하기 위한 이른바 하트윅 규칙을 내포하였다. 넷제로의 탄소중립이 자본과 소비 경로의 정상상태와 더불어 나타날 때의 정상상태 균형을 분석하였다. 분석 결과를 보면, 램지 모형에 탄소중립과 하트윅 규칙을 포함할 경우 자본의 축적이 저규모 수준에서 정상상태에 도달하는 것으로 나타났다. 또한 재생에너지 확대가 다수의 이해집단에 의해 지대추구 대상이 될 때에는 자본축적 규모가 보다 더 악화될 수 있기 때문에, 에너지 전환과정에 공정한 시장제도 설계가 중요함을 알 수 있다.

The Impact of Product Distribution and Information Technology on Carbon Emissions and Economic Growth: Empirical Evidence in Korea

  • Lee, Jung Wan
    • The Journal of Asian Finance, Economics and Business
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    • 제1권3호
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    • pp.17-28
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    • 2014
  • The paper deals with the impact of the product distribution and information technology sectors on energy resource use, carbon emissions and economic growth by examining the long-run equilibrium relationships and Granger causal relationships among these variables in South Korea. The quarterly time series data from the first quarter of 1970 to the third quarter of 2010 (163 observations) are collected and retrieved from the Bank of Korea database. The paper examines the long-run equilibrium relationships using cointegration techniques and Granger causality using vector error correction models. Test results indicate a long-run equilibrium relationship exists among these variables. In testing directional causality, both the product distribution and the information technology sectors show direct effects on economic growth but only marginal effects on carbon emissions.

ESTABLISHMENT OF CDM PROJECT ADDITIONALITY THROUGH ECONOMIC INDICATORS

  • Kai. Li.;Robert Tiong L. K.;Maria Balatbat ;David Carmichael
    • 국제학술발표논문집
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    • The 3th International Conference on Construction Engineering and Project Management
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    • pp.272-275
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    • 2009
  • Carbon finance is the investment in Greenhouse Gas (GHG) emission reduction projects in developing countries and countries with economies in transition within the framework of the Kyoto Protocol's Clean Development Mechanism (CDM) or Joint Implementation (JI) and with creation of financial instruments, i.e., carbon credits, which are tradable in carbon market. The additional revenue generated from carbon credits will increase the bankability of projects by reducing the risks of commercial lending or grant finance. Meantime, it has also demonstrated numerous opportunities for collaborating across sectors, and has served as a catalyst in bringing climate issues to bear in projects relating to rural electrification, renewable energy, energy efficiency, urban infrastructure, waste management, pollution abatement, forestry, and water resource management. Establishing additionality is essential for successful CDM project development. One of the key steps is the investment analysis. As guided by UNFCCC, financial indicators such as IRR, NPV, DSCR etc are most commonly used in both Option II & Option III. However, economic indicator such as Economic Internal Rate of Return(EIRR) are often overlooked in Option III even it might be more suitable for the project. This could be due to the difficulties in economic analysis. Although Asian Development Bank(ADB) has given guidelines in evaluating EIRR, there are still large amount of works have to be carried out in estimating the economic, financial, social and environmental benefits in the host country. This paper will present a case study of a CDM development of a 18 MW hydro power plant with carbon finance option in central Vietnam. The estimation of respective factors in EIRR, such as Willingness to Pay(WTP), shadow price etc, will be addressed with the adjustment to Vietnam local provincial factors. The significance of carbon finance to Vietnam renewable energy development will also be addressed.

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탄소고정방식을 활용한 농작물 이모작의 수익성 변화 (Changes in Profitability of a Double Cropping using the Carbon Fixation Method)

  • 모태준;김홍석
    • 농촌계획
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    • 제26권2호
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    • pp.61-70
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    • 2020
  • The purpose of this study is to calculate the annual carbon reduction of crops according to the carbon fixation method of agricultural land, therefore to analyze whether the economic inducement of farmers to switch from single cropping to double cropping if the amount of carbon reduction were traded on the Korea Exchange. The analysis targets were Gyeonggi Province, which was divided into four areas to compare the difference between agricultural income and carbon income by crop and cropping system. Agricultural profit was estimated by multiplying the prior data of 2012 by the change rate of the consumer price index, and carbon income was calculated through the carbon reduction for each crop and the average transaction price of KAU19 traded on the Korea Exchange. According to the analysis, the profit rate of double cropping in all areas is -110.4% to 23% compared to single cropping, when only agricultural profit is taken into account, with no economic inducement for farmers to change the cropping system. However, when carbon income is taken into account together, the profit rate of double cropping rises significantly from 122.5% to 238.9% over a single operation in all areas, resulting in an economic inducement to switch the cropping system. This research is meaningful in that farming households could raise their income by additional carbon income, and that carbon credits could be supplied at Korea Exchange to further boost the carbon emission exchange.

녹색뉴딜사업 및 저탄소 녹색성장 전략 (Green New Deal Project and Low Carbon, Green Growth Strategy)

  • 이선
    • 기술사
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    • 제42권2호
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    • pp.41-48
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    • 2009
  • The Government declared 'Low-Carbon Green Growth' as the new national vision for future development to improve economic growth and quality of life through higher energy efficiency, less energy consumption, wider use of renewable energy, etc. Korea can no longer delay participating in international efforts against global warming by reducing carbon dioxide and other greenhouse gas emissions. Thus low-carbon green growth is not a matter of choice, and it becomes indispensible to sustaining the nation's economic development. The Government is determined to take the initiative in speeding up economic recovery by carrying out the large scale investment projects such as the Korean version of a 'Green New Deal. The 49 trillion-won projects include river improvement, eco-friendly transportation networks, advanced information infrastructure, water resources & dam construction, green cars & clean energy development, etc. which will create nearly one million new jobs over the next four years.

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중국 탄소중립 지역별 이행여건 및 산업전략 분석 (Analysis of Regional Implementation Conditions and Industrial Strategies for Carbon Neutrality in China)

  • 전유정;김수한
    • 분석과 대안
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    • 제7권2호
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    • pp.179-207
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    • 2023
  • 기후변화에 대응한 국제사회의 실천과제인 탄소중립이 각국의 국가 미래 발전을 좌우하는 핵심 산업전략으로 옮겨가고 있다. G2의 경제 대국으로 성장한 중국이지만 고탄소 배출의 산업구조로 인해 이 같은 기후변화 글로벌 이슈를 선도하기 어려울 것이라는 일부 관측이 무색하게도, 중국은 탄소중립을 자국 산업경쟁력 강화를 위한 수단으로 활용하고 있다. 중국정부는 탄소중립 달성을 위한 국정 방침과 이를 이행하기 위한 분야별 세부 계획을 수립, 특히 탄소중립 산업전략을 통해 외부로부터의 기후대응 국제규범 외압을 자국 산업구조의 조정과 신산업 육성을 위한 지렛대로 삼고자 한다. 그러나 이 같은 탄소중립 산업전략은 지역별 경제·산업 수준 등 여건에 따라 중점분야 및 집행력에서 차이가 있을 것으로 예상된다. 이 글에서는 중국 지역별 탄소중립 이행여건과 주요 산업정책의 내용 및 특징을 분석한다. 상이한 경제발전 수준과 산업구조 등에 따라 지역별 탄소배출 규모, 배출원, 효율성에 상당한 차이가 있을 수밖에 없다. 이는 중앙으로부터 주어진 탄소중립 목표를 이행하는 데 있어 상이한 초기 조건과 내생적 요소를 부여하게 되며, 이 같은 주어진 구조적 요인들은 각 지역에 유리한 탄소중립 산업전략의 방향과 중점정책의 조성 및 추진을 제약하게 된다. 특히 탄소중립 이행 관련 지방정부의 정책 자율성 정도를 제약함으로써, 중앙-지방 환경거버넌스의 지역별 특징이 나타날 것이다. 이 같은 점은 보다 정확한 중국 탄소중립 향방을 탐색하기 위해서 국가를 단위로 한 총괄적 연구와 더불어 지역별 모니터링이 긴요함을 시사한다.

석탄계 활성탄별 흡착능 및 경제성 평가 (Adsorption Efficiency of Coal Based GACs and Evaluation of Economic Efficiency)

  • 최동훈;손희종;박진식;문추연;류동춘;장성호;권기원;김한수
    • 한국환경과학회지
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    • 제22권2호
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    • pp.205-213
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    • 2013
  • This is made of domestic and foreign coal activated carbon of five species, physicochemical adsorption efficient about sterilize products and micro harmful substances and is a result of the economic evaluation. The most well-developed micropores bed volume 123,409 of AC-1 activate carbon appeared to be the best next AC-2, AC-3, AC-4, AC-5 followed by activated carbon was investigated. PFOA and PFOS in the BV 96,000 when evaluating foreign types of adsorption activated carbon adsorption capacity was greater when more than PFOA, PFOS showed that the adsorption well. The economic evaluation of activated carbon usage in chloroform (CUR) was most excellent as a AC-1 4.3 g/day, the next AC-2, AC-3, AC-4, AC-5 there are two types of foreign economic order appears to have appeared, but the current domestic market when applying the price AC-1, AC-3, AC-2, AC-4, AC-5 order was investigated.