• Journal of Environmental Science International
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• v.20 no.2
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• pp.207-214
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• 2011

Non-Annex I parties announced the voluntary emission reduction targets including the U.S. in the conference of party. NAMAs would be focused to solve the negotiation clue for the post-kyoto regime. Since the country would not be involved in Annex I parties, the voluntary carbon market would be created for the greenhouse gas reduction targets. According to Bali Roadmap, voluntary carbon market should be constructed by the MRV manners since this country does not belong to Annex I parties. Carbon point system would be proposed by the ways of the international voluntary emission reduction credit. The voluntary carbon market should involve the potential GHG reduction credit and link with the ETS in the country. This study proposed the way of linkage between ETS and voluntary carbon market including the carbon-point system.

• Carbon letters
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• v.9 no.4
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• pp.324-339
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• 2008

The principal aims of the review paper are (1) to establish broad overview information, both qualitative and quantitative, relating to the world market for polyacrylonitrile (PAN) or pitch-based carbon fibers; and (2) to generate an effective analysis and break down of consumption by process route and eventual end-use. The review paper also designed specifically to provide subscribers with an accurate, independent, and realistic assessment of the current status and future perspective of the market for carbon fibers in the world. The world market for carbon fibers continues to grow rapidly, fuelled by new industrial end uses, such as sport and leisure goods, aerospace, automotive applications, civil engineering and infrastructure repair, and immerging applications in energy generation. Demands for properties of carbon fibers used in those applications include many things such as strength, toughness, fatigue property, corrosion resistance, heat resistance, etc., and these become to be higher level. On the other hand, demands for manufacturing technologies of carbon fibers become to be difficult with these demands for properties, and these are wide variety such as high efficiencies, high qualities, many functions, labor saving, and low cost. In this review paper, thus, the recent carbon fibers corresponded to these needs, and its latest manufacturing technologies as well as market prospects are described.

• Journal of Climate Change Research
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• v.8 no.1
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• pp.73-80
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• 2017

This study sees the past, present and future of the international carbon market. It is expected that it is not until 2020 and beyond before the international carbon market is settled by international consensus, and it is too early to picture the international carbon market at this point. Instead, this study focuses on analyzing the content of Article 6 of the Paris Convention, being fully aware of the uncertainties surrounding the international carbon market and can only be a step in determining the future of the international carbon market. In the future, the international negotiations will be under fierce competition of countries, each of which aims to make their advantageous system or mechanism recognized internationally Therefore, it is necessary for Korea to devise a system that can maximize the national interest and try to be recognized in the international society. To accomplish this, the following tasks are required at the present stage. First, we need to include the basic directions for the reduction using the international carbon market in the preparation of the roadmap for GHG reduction in Korea. Based on the directions presented in the roadmap for reducing GHG emissions, Korea should set up a government-wide plan on the international carbon market. In addition, a long-term TF should be formed to enact such plans in the international community. The international carbon market is an issue that several professional fields overlap, and it is indeed difficult to pursue by a single ministry. Therefore, it is necessary to create and strengthen the TF that can cope immediately with the international movement.

• Carbon letters
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• v.10 no.1
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• pp.43-51
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• 2009

Carbon fibers are a new breed of high-strength materials. The existence of carbon fiber came into being in 1879 when Edison took out a patent for the manufacture of carbon filaments suitable for use in electric lamps. However, it was in the early 1960s when successful commercial production was started, as the requirements of the aerospace industry for better and lightweight materials became of paramount importance. In recent decades, carbon fibers have found wide applications in commercial and civilian aircraft, along with recreational, industrial, and transportation markets as the price of carbon fiber has come down and technologies have matured. The market for carbon fiber has experienced a good growth in recent years. The growth rate for the last 23years was about 12%. The article reviewed 9,641 Korea, U.S., Japan, Europe patents issued in the carbon fibers in order to offer additional insight for researchers and companies seeking to navigate carbon fiber patent landscape. This article will provide you with all the valuable information and tools you will need to investigate your study successfully within the carbon fiber field. This article also will save you hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in the carbon fiber market.

• Journal of Electrical Engineering and Technology
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• v.12 no.3
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• pp.1038-1045
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• 2017

To address mounting concerns over global warming, the Paris Agreement was reached in December 2015, which aims to limit the increase in global average temperature. South Korea has set a highly ambitious target to reduce emissions and submitted an Intended Nationally Determined Contribution (INDC). Based on the INDC, we investigated the impact of limiting carbon emissions on the power system and the electricity market in Korea. Through detailed simulations on assumed plausible scenarios, this work highlights a) the effects of different carbon emission targets on the annual carbon emission volumes, generation costs, and carbon price; b) the generation mix changes induced by carbon emission limits; and c) the difference in system marginal price and payments for generator owners that carbon emission constraint creates in electricity markets under three different pricing rules.

• Environmental and Resource Economics Review
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• v.11 no.4
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• pp.557-579
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• 2002

In recent days, it has been significantly suggested that the promotion of sustainable forest management will play an important role in ameliorating atmospheric carbon. In this respect, we intend to investigate the dynamic impact of the global timber market on carbon flux of forest through net carbon release into the atmosphere. For this purpose, we integrated the TSM 2000 with TCM to simulate the projection of net carbon release of the global timber market over 90 years, starting 1995. As a result, we identified that the global timber market increases the carbon dioxide concentration about l.9% over next 90 years; hence results in a positive effect on global warming. For sensitivity analysis, we performed these procedures under three different timber demand growth scenarios.

• Proceedings of the Korea Air Pollution Research Association Conference
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• 2008.04a
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• pp.211-214
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• 2008

• The Transactions of The Korean Institute of Electrical Engineers
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• v.59 no.4
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• pp.700-706
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• 2010

Carbon costs, either in the form of a carbon tax or through permit prices in an emissions trading scheme, would ultimately be reflected in higher electricity prices. This price "pass-through" is very critical to the effective design of new policies to curb the amount of carbon emissions. This paper sets out in a structured way the factors that determine price pass-through and how carbon costs would impact on the electricity market and the existing coal-fired power plants. It is shown that pass-through can vary drastically if the underlying dispatch potential of generators varies significantly across alternative emissions reduction scenarios. It can also vary depending on the availability of competing cleaner forms of generation. Pass-through as a measure of business performance is therefore hard to generalize across different circumstances and should be interpreted carefully.

• International Area Studies Review
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• v.21 no.4
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• pp.223-245
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• 2017

This study is examined interaction between carbon market with stock market using a multivariate GARCH(DCC) model. Carbon market is EU ETS EUA price, stock market is the iron and cement stock price which has relatively energy intensive and massive carbon emissions sector in the industrial sector. It also analyzed changes in the correlation between the markets through an analysis of correlation coefficients. Moreover, it checked whether there was marketability expansion(or expansion of carbon emissions reduction) through the analysis above. As a result of empirical tests, it showed that the price spillover effect was insignificant. In addition, it represented that there was a weak correlation between the two markets since the volatility spillover effect disappeared in the second phase by an external shock(a financial crisis). Moreover, it was revealed that there were no significant changes although there was a weak upward trend in terms of the correlation between the carbon market and the stock market. This implies that emission rights could not expand marketability to financial market as a commodity(or did not play its natural role of the reduction of carbon emission).

• Korea Trade Review
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• v.47 no.1
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• pp.115-130
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• 2022

In this study, I focus on analyzing how the effects of implementing ETS are different depending on whether Korean ETS linking with carbon markets in other countries. The global computable general equilibrium (CGE) model built in this study analyzes the chages in the production and trade of industrial sectors according to the international linkage of ETS compared to the reference scenario of emissions reduction targets and implementation of ETS. From the analysis of internatioanl linkage of carbon markets scenarios, Annex B countries-South Korea carbon market linkage with individual ETS in China worse the economic outcomes in South Korea the most. This means South Korea lose the international competitiveness compared to China in this scenario. On the other hand, Annex B-China carbon market linkage with Korean individual ETS implementation reduce the decreases in production and trading. The most effective way is to join a global emissions trading market with China. The results are consistent in most industries of South Korea. These results are caused by that the supply of emission allowance is increased and the price of emissions allowances is dropped by China's participation to the carbon market, which can be understood to reduce the carbon reduction cost for industrial sectors. In addition, it can be also concluded that the determinant of the negative impact of ETS on changes in production and trade is more sensitive to the price of emissions allowances than to the characteristics of production and trade structure.