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Analysis on CO2 Mitigation Potential and Economic Effect of Green Life in the Residential Sector in Korea

녹색생활 실천에 따른 가정부문의 이산화탄소 감축잠재량 및 경제적 효과 분석

  • Jin, Hyung Ah (Climate Change Research Div., National Institute of Environmental Research) ;
  • Yeo, So Young (Climate Change Research Div., National Institute of Environmental Research) ;
  • Yoon, So Won (Greenhouse Gas Inventory & Research Center of Korea) ;
  • Kim, Dai Gon (Climate Change Research Div., National Institute of Environmental Research) ;
  • Seo, Jeong Hyeon (Climate Change Research Div., National Institute of Environmental Research) ;
  • Hong, Yoo Deog (Air Quality Research Division, National Institute of Environmental Research) ;
  • Han, Jin Seok (Climate Change Research Div., National Institute of Environmental Research)
  • 진형아 (국립환경과학원 기후변화연구과) ;
  • 여소영 (국립환경과학원 기후변화연구과) ;
  • 윤소원 (온실가스종합정보센터) ;
  • 김대곤 (국립환경과학원 기후변화연구과) ;
  • 서정현 (국립환경과학원 기후변화연구과) ;
  • 홍유덕 (국립환경과학원 대기환경연구과) ;
  • 한진석 (국립환경과학원 기후변화연구과)
  • Received : 2013.05.21
  • Accepted : 2013.08.01
  • Published : 2013.10.31

Abstract

The Korean government announced a national mid-term target to reduce 30% of greenhouse gas (GHG) emissions from business-as usual (BAU) level by 2020 in a voluntary and independent manner. In this study, we examined the $CO_2$ mitigation potential and conducted an economic effect analysis of green living actions in households in Korea. We also proposed some ways to implement green life to achieve the national target. If green lifestyle takes root in households nationwide, $CO_2$ emission would be reduced to 27.3% of the emission in 2007. This would save the country about 4.93 trillion won per year and each household could save about 300,000 won per year, which accounts for about 0.5% of GDP (as of 2007). Considering the five-year plan for green growth to invest 2% of GDP in green growth every year, this would not only reduce the economic burden on households, industries and the country but also increase economic growth potential by reinvesting the saved resources into green growth. Heating and lighting would be the greatest contributor to GHG mitigation of green life in the residential sector. It means we could achieve the national goal by reducing unnecessary heating and lighting and using energy-saving electric home appliances. The implementation of green living actions would reduce a significant amount of greenhouse gas emissions, ultimately relieving the burden on businesses to reduce GHG emissions. And it is one of the most cost-effective mitigation tools in order to achieve the mid-term GHG mitigation goal.

Keywords

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