An Analysis on the Ancillary Benefit of Greenhouse Gases Reduction in Korea

  • Yanghoon Song (Dept of Agricultural Economics, Chungbuk National University) ;
  • Han, Wha-Jin (Global Environment Researech Center, Korea Environment Institute)
  • Published : 2003.03.01

Abstract

Greenhouse gases (GHG) could lead to global warming, which may bring about various disturbances to global ecosystem. Other than primary benefits that are too extensive, the ancillary benefit from GHG reduction has been estimated to provide justification for national actions. Five scenarios for 5 to 40% reduction of GHG were evaluated for the benefit/cost efficiency, using the cost estimates from a previous study. Their benefits were also estimated using a European model. As a result of this study, it can be concluded that lower reduction scenarios (5∼10%) seem to be more efficient than higher reduction scenarios (30∼40%).

Keywords

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