• Proceedings of the Korean Institute of Building Construction Conference
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• 2020.06a
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• pp.44-45
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• 2020

Korea has the fourth highest CO₂ emission among OECD countries in 2018, As of 2019, total greenhouse gas emissions per capita increased by about 98.2% in comparison to 1990. Korea has promised a 37% reduction in greenhouse gas emissions in 2030 from the projected Paris Climate Change Accord. Currently, many countries use the emissions trading system(ETS) for international carbon management. In 2015, ETS has been implemented in Korea, and the importance of calculating CO₂ emissions from construction machinery has increased. So, we require an accurate calculation of the environmental charges through the allocated CERs. Using the CER price and related search keywords, this paper derive about prediction models of CER price and compare and focus on more accurate prediction about CER price. By this method, the budget needed to establish the initial construction process plan can be calculated based on more accurate predicted CER price.

• International conference on construction engineering and project management
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• 2013.01a
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• pp.107-110
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• 2013

Recently, Korea parliament legislated the Low Carbon Green Growth Act (April, 2012) and approved a bill (May, 2012) to start carbon emission trading system in 2015. It means that for the first time, government would regulate the amounts of carbon emission in private entities, and private entities should attain predefined emission reduction goals by implementing clean development mechanism (CDM) project or buy the Certified Emission Reductions (CERs) from the trading market to avoid penalty. Under these circumstances, it is not easy for them to determine when or how to implement the CDM project because the governmental energy policies about the level of governmental subsidies, periods for free emission allocation, etc. are still under discussion and the future price of the CERs is quite uncertain. Thus, this study presents a real-option based model to assess the financial viability of the CDM project which switches bunker-C oil to liquefied natural gas (LNG). The proposed model is expected to assist private entities in establishing the investment strategy for CDM project under uncertain government energy policies.

• Journal of Environmental Science International
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• v.32 no.6
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• pp.419-428
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• 2023

This study estimates the greenhouse gases (GHGs) emissions from energy sector of Changwon city from 2012 to 2020 and scenario analysis of GHGs reductions pathways in the context of the goal of 2030 NDC and 2050 carbon neutral scenario in Korea. As a result, the GHG emissions as a reference year of carbon neutral in 2018 were estimated as 8,872,641 tonCO_2eq accounting for 3,851,786 tonCO_2eq (43.6%) of direct source (scope 1) and 4,975,855 tonCO_2eq (56.4%) of indirect source (scope 2). Especially, among indirect sources as purchased electricity, manufacturing sector emitted the largest GHG accounting for 33.0%(2,915 thousands tonCO_2eq) of the total emissions from all energy sectors, scenario analysis of GHG reductions potential from the energy was analyzed 8,473,614 tonCO_2eq and the residual emissions were 354,027 tonCO_2eq. Purchased electricity and industry sector reducted the largest GHG accounting for 58.7%(4,976 thousands tonCO_2eq) and 42.1%(3,565 thousands tonCO_2eq) of the total emissions from all energy sectors, respectively.

• Environmental and Resource Economics Review
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• v.21 no.4
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• pp.809-850
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• 2012

A linkage of emissions trading schemes among Korea, China and Japan demonstrates overall increase in gross domestic product (GDP). However, it also demonstrates reductions in household consumption, and the impact of integration could be very unbalanced between the countries. In particular, the reductions in domestic marginal costs are high in both Korea and Japan. Therefore, household consumptions in the two countries decrease despite increases in GDP because Korea and Japan will be purchasers of emissions rights. China, on the other hand, will experience the opposite. The unbalanced impacts on real household consumptions are intensified when emission credits are allocated via paid auctions instead of free allocation. This was demonstrated to be the case because the circumstances of three countries are intensified when using a paid emissions credit allocation scheme, and their differences could potentially hinder the cooperation between the three countries. Under the free allocation scheme, the emission trading schemes' unbalanced impacts on consumption could be mitigated, but unavoidable negative impacts of free allocation schemes are also serious. Based on the analysis results, Korea, China, and Japan will individually face complicated impacts if their carbon markets are integrated. Although the GDP of three countries will increase as a result of carbon market integration, the benefits of integration will surely be unbalanced, and the three countries will experience negative impacts in terms of actual consumption or employment. In particular, increases in income and consumption, reductions in employment, and energy dependence by credit purchasers (Japan and Korea) and production reduction and possibility of offshoring faced by revenue producing countries (China) could serve as a barrier to carbon market integration. To maximize the positive influences of carbon market integration while reducing the risks of negative side effects, the development and application of complimentary policy tools, such as import duties or discounts for emissions credits, are required.

• Journal of Korean Society of Rural Planning
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• v.26 no.2
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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.

• Computers and Concrete
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• v.25 no.2
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• pp.111-118
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• 2020

The construction field must always explore sustainable ways of using its raw materials. Studying the environmental impact generated by reinforced concrete raw materials during their production and transportation can contribute to reducing this impact. This paper initially presents the carbon dioxide emissions from reinforced concrete raw materials, quantified per kilo of raw material and per cubic meter of concrete with different characteristic strengths, for southern Brazil. Subsequently, reinforced concrete elements were optimized to minimize their environmental impact and cost. It was observed that lower values of carbon dioxide emissions and cost savings are generated for less resistant concrete when the structural element is a beam, and that reductions in the cross section dimensions of the beams, sized based on the use of higher strength concrete, may not compensate for the increased environmental impact and costs. For the columns, the behavior differed, presenting lower values of carbon dioxide emissions and costs for higher concrete strengths. The proposed methodology, as well as the results obtained, can be used to support structural projects that have less impact on the environment.

• Journal of Environmental Science International
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• v.29 no.7
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• pp.729-737
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• 2020

This study estimates the greenhouse gas (GHG) emissions reduction resulting from photovoltaic and wind power technologies using a bottom-up approach for an indirect emission source (scope 2) in South Korea. To estimate GHG reductions from photovoltaic and wind power activities under standard operating conditions, methodologies are derived from the 2006 IPCC guidelines for national GHG inventories and the guidelines for local government greenhouse inventories of Korea published in 2016. Indirect emission factors for electricity are obtained from the 2011 Korea Power Exchange. The total annual GHG reduction from photovoltaic power (23,000 tons CO_2eq) and wind power (30,000 tons CO_2eq) was estimated to be 53,000 tons CO_2eq. The estimation of individual GHGs showed that the largest component is carbon dioxide, accounting for up to 99% of the total GHG. The results of estimation from photovoltaic and wind power were 63.60% and 80.22% of installed capacity, respectively. The annual average GHG reductions from photovoltaic and wind power per year per unit installed capacity (MW) were estimated as 549 tons CO_2eq/yr·MW and 647 tons CO_2eq/yr·MW, respectively. Finally, the results showed that the level of GHG reduction per year per installed capacity of photovoltaic and wind power is 62% and 42% compared to the CDM project, respectively.

• Environmental and Resource Economics Review
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• v.20 no.2
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• pp.167-198
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• 2011

The Korean government recently announced greenhouse gases (GHG) emissions reduction target as 30% of 2020 business as usual (BAU) emission projection. As carbon emissions trading is widely used to achieve reductions in the emissions of pollutants, this study deals with the sectoral allocation of initial carbon emission permits in Korea. This research tests the effectiveness of a variety of allocation rules based on the bankruptcy problem in cooperative game theory and hybrid input-output tables which combines environmental statistics with input-output tables. The impact of initial emission permits allocation on economic growth is also analyzed through green growth accounting. According to the analysis result, annual GDP growth rate of Korea is expected to be 4.03%, 4.23%, and 3.67% under Proportional, Constrained Equal Awards, and Constrained Equal Losses rules, respectively. These rates are approximately from 0.69% points to 0.13% points lower than the growth rate of 4.36% without compulsory $CO_2$ reduction. Thus, CEA rule is the most favorable in terms of GDP growth. This study confirms the importance of industry level study on the carbon reduction plan and initial carbon emission permits should reflect the characteristic of each industry.

• Journal of Institute of Convergence Technology
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• v.11 no.1
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• pp.13-18
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• 2021

It is widely accepted that the prevention of global warming requires significant reductions in greenhouse gases, particularly CO₂ emissions. Although fossil fuel-based power plants account for the majority of CO₂ emissions, it is urgent to reduce CO₂ emissions in industries that emit large amounts of CO₂ such as steel, petrochemical, and oil refining. This paper examines the current status of CO₂ emission in the domestic oil refining industry and CO₂ emission sources in each unit process in the oil refining industry. Focusing on the previously developed CO₂ capture process, cases and applicability of greenhouse gas reduction in FCC and hydrogen manufacturing processes, which are major processes constituting the oil refining industry, are reviewed.

• Particle and aerosol research
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• v.4 no.2
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• pp.51-67
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• 2008

In this study, we devoted to kinetic measurement of the catalytic oxidation of iron-containing flame soot particles and better understanding the role of catalytic particles on carbon oxidation in particular at low temperature, targeting on autothermal regeneration of diesel particulate filter by diesel exhaust gas. Carbon-based Fe-containing particles generated by spraying ferrocene-doped diesel fuel in an oxy-hydrogen flame are tested and compared with a commercial carbon black powder for thermogravimetric analysis (TGA), secondary ion mass spectrometry (SIMS), Fourier-transform infrared spectroscopy (FTIR), Induced coupled plasma-Atomic emission spectroscopy (ICP-AES), and High-resolution transmission electron microscopy (HR-TEM). As a result, we found that a small amount of the ferrocene addition led to significant reductions in a on-set temperature and an activation energy of the carbon oxidation as well. An oxygenated surface complex forming at the particle surface could be thought as active species that would be readily consumed in particular at low temperature.