• Title/Summary/Keyword: Carbon Leakage

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Risk of Carbon Leakage and Border Carbon Adjustments under the Korean Emissions Trading Scheme

  • Oh, Kyungsoo
    • Journal of Korea Trade
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    • v.26 no.2
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    • pp.45-64
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    • 2022
  • Purpose - This paper examines South Korea's potential status as a carbon leakage country, and the level of risk posed by the Korean emissions trading scheme (ETS) for Korean industries. The economic effects of border carbon adjustments (BCAs) to protect energy-intensive Korean industries in the process of achieving the carbon reduction target by 2030 through the Korean ETS are also analyzed. Design/methodology - First, using the Korean Input-Output (IO) table, this paper calculates the balance of emissions embodied in trade (BEET) and the pollution terms of trade (PTT) to determine Korean industries' carbon leakage status. Analyses of the risk level posed by carbon reduction policy implementation in international trade are conducted for some sectors by applying the EU criteria. Second, using a computable general equilibrium (CGE) model, three BCA scenarios, exemption regulations (EXE), reimbursement (REB), and tariff reduction (TAR) to protect the energy-intensive industries under the Korean ETS are addressed. Compared to the baseline scenario of achieving carbon reduction targets by 2030, the effects of BCAs on welfare, carbon leakage, outputs, and trading are analyzed. Findings - As Korea's industrial structure has been transitioning from a carbon importing to a carbon leaking country. The results indicate that some industrial sectors could face the risk of losing international competitiveness due to the Korean ETS. South Korea's industries are basically exposed to risk of carbon leakage because most industries have a trade intensity higher than 30%. This could be interpreted as disproving vulnerability to carbon leakage. Although the petroleum and coal sector is not in carbon leakage, according to BEET and PTT, the Korean ETS exposes this sector to a high risk of carbon leakage. Non-metallic minerals and iron and steel sectors are also exposed to a high risk of carbon leakage due to the increased burden of carbon reduction costs embodied in the Korean ETS, despite relatively low levels of trade intensity. BCAs are demonstrated to have an influential role in protecting energy-intensive industries while achieving the carbon reduction target by 2030. The EXE scenario has the greatest impact on mitigation of welfare losses and carbon leakage, and the TAF scenario causes a disturbance in the international trade market because of the pricing adjustment system. In reality, the EXE scenario, which implies completely exempting energy-intensive industries, could be difficult to implement due to various practical constraints, such as equity and reduction targets and other industries; therefore, the REB scenario presents the most realistic approach and appears to have an effect that could compensate for the burden of economic activities and emissions regulations in these industries. Originality/value - This paper confirms the vulnerability of the Korean industrial the risk of carbon leakage, demonstrating that some industrial sectors could be exposed to losing international competitiveness by implementing carbon reduction policies such as the Korean ETS. The contribution of this paper is the identification of proposed approaches to protect Korean industries in the process of achieving the 2030 reduction target by analyzing the effects of BCA scenarios using a CGE model.

EU ETS 실시 이후 탄소누출 가능성 산정 연구

  • Kim, Su-Lee
    • Environmental and Resource Economics Review
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    • v.21 no.3
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    • pp.519-542
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    • 2012
  • In this paper, we empirically analyzed whether carbon leakage really happened in EU by comparing before and after the period of EU ETS. We regarded foreign direct investment outflows as indicator of carbon leakage and analyzed panel regression between production cost including environment cost and this FDI variable. Also we consider foreign market potential to analyze market oriented FDI. According to this analysis, carbon leakage was observed in some models for manufacturing industry. However carbon leakage did not prove consistently in a variety of models and it is hard to speak carbon leakage was happened in EU ETS. Notwithstanding relatively short time series of data, in the view of the fact that carbon leakage was tested in some models, Korea also should keep in mind the possibility of carbon leakage and design emission trading scheme.

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A Study on the Analysis of the Leakage Characteristics and the Selection of Leakage Scenarios of the Blending Hydrogen into Natural Gas Pipeline (수소혼입 천연가스 배관망의 누출 특성 분석 및 누출 시나리오 선정에 관한 연구)

  • Song Su Tak;Ki Seop Lim
    • Journal of the Korean Society of Safety
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    • v.39 no.1
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    • pp.27-32
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    • 2024
  • This study analyzed cases of hydrogen (H2) and natural gas (CH4) leakage from a hydrogen-blended natural gas pipeline to determine a range of leakage characteristics, including leakage type, pipe material, pipe diameter, pressure, and damage size. Based on the results of this analysis, five hydrogen-blended natural gas leakage scenarios were selected. The national vision for a carbon-neutral society by 2050 is a very important strategic objective and promotes environmentally sustainable economic development in the age of the climate crisis. Accordingly, zero-carbon and low-carbon policies are being promoted in various fields, including energy production, consumption, and industrial processes. Hydrogen-blended natural gas is eco-friendly and is considered an important step towards carbon neutrality, with various countries including the United States and several European countries conducting empirical research to further investigate its potential. In Korea, a national research project commenced in April 2023 to verify and demonstrate the life cycle safety of blending hydrogen into the natural gas network. The results of this study will provide important data for the analysis of the damage impacts caused by the leakage of hydrogen-blended natural gas, such as the diffusion of gas clouds, fires, and gas explosions.

Applicability of DGCI (Dark Green Color Index) to Assess Potential Impacts of CO2 Leakage from the Geological Storage Site (이산화탄소 지중저장 시설의 잠재적 누출 판단을 위한 DGCI(Dark Green Color Index) 적용 가능성 평가)

  • Yoo, Sin Yee;Song, Yoon Jin;Oh, Hee Joo;Kim, You Jin;Yoo, Ga Young
    • Journal of Climate Change Research
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    • v.7 no.3
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    • pp.351-356
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    • 2016
  • The carbon capture and storage (CCS), which collects and stores carbon dioxide in a geological site, is a promising option to mitigate climate change. However, there is the possibility of carbon dioxide leakage from the soil in the steps of collecting, transporting, and storing. To ensure the feasibility of this technology, it is important to monitor the leakage of carbon dioxide and to assess the potential impacts. As plants are sensitive to the changes in carbon dioxide in the soil environment, we can utilize plant parameter to detect the carbon dioxide leakage. Currently, chlorophyll a content is a conventional index indicating the changes in plants, however, this method is labor intensive and it only utilizes a small portion of leaves. To overcome its limitations, a simple spectroscopic parameter, DGCI (dark green color index), was suggested as an easy and quick indicator. In this study, we compared the values of chlorophyll a contents with DGCI from the experiment investigating the impacts of high underground $CO_2$ on grape plants. Results suggest that DGCI had high correlation with chlorophyll a contents and it has high potential to be utilized as an easy indicator to monitor plants' responses to $CO_2$ treatment.

Development of Mechanical Face Seal in 75-tonf Turbopump for Leakage Reduction (누설 저감을 위한 75톤급 터보펌프 개량형 미케니컬 페이스실 개발)

  • Bae, JoonHwan;Kwak, Hyun-Duck;Lee, ChangHun;Choi, JongSoo
    • Tribology and Lubricants
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    • v.36 no.2
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    • pp.75-81
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    • 2020
  • In this paper, we present an experimental investigation of the leakage and endurance performances of mechanical face seals in a 75-tonf turbopump for the Korea Space Launch Vehicle II first-stage engine. A mechanical face seal is used between the fuel pump and turbine to prevent mixing of the fuel and turbine gas. However, excessive leakage occurs through the carbon attached to the mechanical face seal bellows. To reduce this leakage, we redesign the mechanical face seal such that the contact area between the fuel and carbon is reduced, height of the carbon nose is reduced, and stiffness of the bellows is increased. Then, we conduct static and dynamic leakage tests and endurance tests to compare the performances of the original and modified mechanical face seals. The investigation of the leakage of the old and new mechanical face seals confirms that the leakage performance is significantly improved, by 80%, in the new design in comparison with the old design. The endurance tests demonstrate that the average wear rate of carbon in the new mechanical face seal is 0.1094 ㎛/s. The service lifetime is predicted to be 4,200 s, which is 28 times greater than the requirement. Finally, we present a new mechanical face seal in a 75-tonf turbopump, and perform a validation test in the real-propellant test facility at the NARO Space Center. Based on the test results, we can confirm that the modified mechanical face seal works well under real operating conditions.

Analysis of Failure in Miniature X-ray Tubes with Gated Carbon Nanotube Field Emitters

  • Kang, Jun-Tae;Kim, Jae-Woo;Jeong, Jin-Woo;Choi, Sungyoul;Choi, Jeongyong;Ahn, Seungjoon;Song, Yoon-Ho
    • ETRI Journal
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    • v.35 no.6
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    • pp.1164-1167
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    • 2013
  • We correlate the failure in miniature X-ray tubes with the field emission gate leakage current of gated carbon nanotube emitters. The miniature X-ray tube, even with a small gate leakage current, exhibits an induced voltage on the gate electrode by the anode bias voltage, resulting in a very unstable operation and finally a failure. The induced gate voltage is apparently caused by charging at the insulating spacer of the miniature X-ray tube through the gate leakage current of the field emission. The gate leakage current could be a criterion for the successful fabrication of miniature X-ray tubes.

N-Type Carbon-Nanotube MOSFET Device Profile Optimization for Very Large Scale Integration

  • Sun, Yanan;Kursun, Volkan
    • Transactions on Electrical and Electronic Materials
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    • v.12 no.2
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    • pp.43-50
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    • 2011
  • Carbon-nanotube metal oxide semiconductor field effect transistor (CN-MOSFET) is a promising future device candidate. The electrical characteristics of 16 nm N-type CN-MOSFETs are explored in this paper. The optimum N-type CN-MOSFET device profiles with different number of tubes are identified for achieving the highest on-state to off-state current ratio ($I_{on}/I_{off}$). The influence of substrate voltage on device performance is also investigated in this paper. Tradeoffs between subthreshold leakage current and overall switch quality are evaluated with different substrate bias voltages. Technology development guidelines for achieving high-speed, low-leakage, area efficient, and manufacturable carbon nanotube integrated circuits are provided.

Fault Tree Analysis for Risk Assessment of CO2 Leakage from Geologic Storage (지중 저장 이산화탄소의 누출 위험도 평가를 위한 결함수 분석)

  • Lee, Sang Il;Lee, Sang Ki;Hwang, Jin Hwan
    • Journal of Environmental Impact Assessment
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    • v.18 no.6
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    • pp.359-366
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    • 2009
  • CCS (Carbon Capture and Storage) is considered as the most promising interim solution to deal with the greenhouse gas such as $CO_2$ responsible for global warming. Even though carefully chosen geologic formations are known to contain stored gas for a long time period, there are potential risks of leakage. Up to now, applicable risk assessment procedures for the leakage of $CO_2$ are not available. This study presents a basis for risk analysis applicable to a complex geologic storage system. It starts with the classification of potential leakage pathways. Receptors and the leakage effect on them are identified and quantified. Then, a fault tree is constructed, which yields the minimum cut set (i.e., the most vulnerable leakage pathway) and quantifies the probability of the leakage risk through the cut set. The methodology will provide a tool for risk assessment in a CCS project. The outcomes of the assessment will not only ensure the safety of the CCS system but also offer a reliable and efficient monitoring plan.

Evaluation of Carbon Border Adjustment Mechanism (CBAM) as a Perspective of International Trade (국제통상 관점에서 탄소국경조정제도(CBAM) 평가)

  • Inkyo Cheong;Jeong-Ho Yoo;Byeong-Ho Lim;Seul-Ki Park
    • Korea Trade Review
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    • v.46 no.6
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    • pp.143-162
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    • 2021
  • Although awareness of the need to respond to climate change is expanding, various controversies are being raised about the EU's Carbon Border Adjustment Mechanism (CBAM). The EU has announced that they will implement CBAM as responding to climate change and preventing carbon leakage. However, the questions are raised as to whether it is actually effective in preventing carbon leakage. Above all, CBAM has its own contradictions, thus it could not be easy to implement. This is because the possibility of violation of the WTO principles is high and there are many issues in implementation. Emission Trading System (ETS) based on CBAM differs by country, and international linkage is not easy in that ETS is not a widely used system worldwide. The EU's CBAM is highly likely to be used as a trade restrictive tool, and is inevitably subject to trade disputes in that it imposes additional tariffs. The unilateral implementation of CBAM should be restrained unless support from the international community and consideration for developing countries are not taken into account.

Public Awareness and Acceptance of Carbon Dioxide Capture and Storage (이산화탄소 포집 및 저장에 대한 대중의 인식과 수용도)

  • Lee, Sang-Il;Sung, Joosik;Hwang, Jin Hwan
    • Journal of Environmental Impact Assessment
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    • v.21 no.3
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    • pp.469-481
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    • 2012
  • CCS(Carbon Dioxide Capture and Storage) is considered as the most effective counterplan in the mitigation of climate change. Even though the risk of leakage of $CO_2$ stored in the geologic formation is very low, the public is expected to disagree with the initiation of a CCS project without proper management plans ensuring the safety. In this study, recognition of laypeople were surveyed about CCS, climate change, characteristics of carbon dioxide, storage concepts, ground pressure, the impact of carbon dioxide, and carbon dioxide for leakage. Thereafter the factors that could affect to recognition of CCS were analyzed by regression analysis. A survey was carried out to find out the public understanding and awareness about climate change and CCS. It is the purpose of this study to propose appropriate risk management strategies based on the findings from the survey.