• 제목/요약/키워드: Carbon market

검색결과 284건 처리시간 0.027초

EU ETS 탄소시장에서 EUA 선물의 가격발견에 관한 연구 (An Empirical Study on Price discovery between Emission Spot and Futures Markets in EU ETS Emission Markets)

  • 김수경
    • 경영과정보연구
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    • 제33권3호
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    • pp.93-104
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    • 2014
  • 본 연구는 탄소배출권거래제가 국내에서 시행되기 전에 EU ETS에서 거래되고 있는 탄소배출권 선물시장이 현물시장에 대해 가격발견기능이 존재하는 지에 대해 실증분석을 수행하였다. 동시에 서로 다른 거래소에서 거래되고 있는 선물시장과 현물시장 간의 정보교환이 효율적으로 이뤄지고 있는 지에 대해서도 알아보았다. 실증분석에 사용된 자료는 2009년 4월 1일부터 2012년 11월 30일까지 총 899개의 일일 자료이다. VECM의 오차수정계수를 이용하여 분석했을 때 탄소배출권 EUA 선물시장은 BlueNext 현물시장에 대해 가격발견기능이 존재하는 것으로 나타났다. 추가적인 검정에서도 GG와 Hasbrouck의 정보비율이 0.5보다 높은 값을 가지는 것으로 나타나서 EUA 선물시장은 현물시장에 대해 가격발견기능이 존재한다는 결론을 얻었다. 그리고 이러한 결과는 서로 다른 거래소에서 거래되더라도 탄소배출권과 관련된 정보 교환이 효율적으로 이뤄지고 있음을 알 수 있다.

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Post-2020 파리협정 대응 한국의 국제탄소시장 활용방안 (Korean Application Plans for International Carbon Markets by Coping with the Paris Agreement)

  • 노상환
    • 한국기후변화학회지
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    • 제9권1호
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    • pp.91-102
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    • 2018
  • The Korean government submitted the Intended Nationally Determined Contributions (INDC) to UNFCCC which aims to reduce 37% greenhouse gas emission for the opportunity of developing new energy industry and industry innovation by 2030 compared with Business-As-Usual scenario taking into account its international responsibilities and hosting headquarters of Green Climate Fund (GCF) secretariat. The 37% reduction is composed of 25.7% in the domestic markets and 11.3% in the international carbon markets. To achieve the reduction target in the international carbon market mechanisms, it must use the linkage of international carbon markets and develop new renewable energy technology for CDM and ODA. Finally, it must improve carbon capture storage (CCS) technology and establish domestic CCS institutional systems as soon as possible. And, it must activate CCS information exchange for the international cooperation on UNFCCC movement.

Thermostable Adsorption Filter Immobilized with Super Activated Carbons by Quinoline Soluble Isotropic Pitch Binder (I-a Novel Adsorption Filter)

  • Park, Yeong-Tae;Im, Chul-Gyou;Kim, Yeong-Tae;Rhee, Bo-Sung
    • Carbon letters
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    • 제10권3호
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    • pp.198-201
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    • 2009
  • Among other filters such as light filter, wave filter, air filter, ultra filter and filter paper, a novel adsorption filter from thermostable polyester nonwoven fabrics immobilized with functional super activated carbon by means of quinoline soluble, activateable isotropic pitch binder were developed in this study. The activated carbon precursor is available in the market branded as coconut shell based activated carbon(CCS-AC) produced by Dongyang Carbon Co. Ltd. BET-surface area of this precursor was $1,355\;m^2/g$, after KOH-activation it increased over $2,970\;m^2/g$ and was named as super activated carbon. In the preliminary research, this precursor was impregnated with $PdCl_2$(0.188 wt%) $KMnO_4$(3 wt%) and redox-agent(CuCl2, 0.577 wt%) in order to promote TOF up to 100/h and Selectivity up 99% and patented as a functional AC for the ethylene adsorption. The enhancement of the isotropic pitch binder to the AC-immobilized adsorption filter was BET-surface area upgraded by $266\;m^2/g$ and promoted the Iodine- and MB-adsorption by 1.4 times, respectively and also micro pore wide ranges < $5{\AA}{\sim}30\;{\AA}$ >.

Estimation of carbon storage in coastal wetlands and comparison of different management schemes in South Korea

  • Byun, Chaeho;Lee, Shi-Hoon;Kang, Hojeong
    • Journal of Ecology and Environment
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    • 제43권1호
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    • pp.61-72
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    • 2019
  • Background: Organic carbon stored in coastal wetlands, which comprises the major part of oceanic "blue carbon," is a subject of growing interest and concern. In this study, organic carbon storage in coastal wetlands and its economic value were estimated using the raw data of 25 studies related to soil carbon storage. Data were collected from three tidal flats (one protected and two developed areas) and two estuarine salt marshes (one protected and one restored area). Bulk density, soil organic matter content, and standing biomass of vegetation were all considered, with Monte Carlo simulation applied to estimate the uncertainty. Results: Mean carbon storage in two salt marshes ranged between 14.6 and $25.5kg\;C\;m^{-2}$. Mean carbon storage in tidal flats ranged from 18.2 to $28.6kg\;C\;m^{-2}$, with variability possibly related to soil texture. The economic value of stored carbon was estimated by comparison with the price of carbon in the emission trading market. The value of US $ $6600\;ha^{-1}$ is ~ 45% of previously estimated ecosystem services from fishery production and water purification functions in coastal areas. Conclusions: Although our study sites do not cover all types of large marine ecosystem, this study highlights the substantial contribution of coastal wetlands as carbon sinks and the importance of conserving these habitats to maximize their ecosystem services.

탄소배출권 투자와 위험관리방안 연구 - 일차배출권(Primary CER) 투자 시 등록위험 및 가격변동 위험을 중심으로 - (Study on the Risk Management of the CERs Investment - Regarding Registration Risks and Price Change Risk in Investing Primary CERs -)

  • 이창석;김윤성;전의찬
    • 한국기후변화학회지
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    • 제2권2호
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    • pp.115-131
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    • 2011
  • 온실가스의 감축 규제가 세계 경제에 미치는 영향은 매우 클 것으로 예상되며, 산업 전반에 걸쳐 적절한 대응방안 도입이 필요한 시점이다. 이에 본 연구는 온실가스 감축 규제에 대응하기 위해서 취해질 수 있는 온실가스 저감 기술, 설비 개발, 에너지 절약 및 효율화 활동, 탄소배출권 구입을 통한 탄소 상쇄 등 여러 경제적 행위 중에서 탄소배출권 투자에 초점을 맞추어 연구하였다. 특히, 탄소배출권 투자 시 고려해야 할 위험 요인 중에서 UN 등록 거절 위험과 탄소배출권 가격변동성 위험을 최소화하기 위한 위험관리 모형을 설계하고 검증하였다. 이를 통해 탄소 상쇄가 필요한 다양한 분야의 이해관계자가 최적화된 탄소배출권과 관련한 전략을 수립할 수 있도록 제안하는 것을 목표로 한다. 기후변화에 따른 새로운 메커니즘에 국내 금융회사들이 신속히 대응할 수 있는 방법을 모색하고자 한 본 연구는 현재 청정개발체제(CDM)에서 발급되는 탄소배출권(CER)에 국한되지 않고 공동이행체제(JI) 프로젝트에서 발급되는 탄소배출권(ERU), 배출권거래제(ET)에서 인정되는 탄소배출권(AAU) 뿐만 아니라 향후 새롭게 인정될 탄소배출권에도 유사하게 적용될 수 있을 것이다.

기술 및 시장을 고려한 최적 탄소자원화 기술 선정방법 (Optimal Carbon Upcycling Technology Selection Method Considering Technology and Market)

  • 이지현;제갈성;조지은
    • 신재생에너지
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    • 제19권1호
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    • pp.41-52
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    • 2023
  • Various carbon upcycling technologies have been proposed and are under development to achieve Korea's carbon neutrality target. Many chemical reactions are under development through various chemical reaction pathways, and different technological maturity levels are shown for each country and company. In this situation, it is essential to establish investment decisions such as research funds and human resources allocation through technological and economic analysis for close commercialization technologies and basic technologies with low technology readiness levels (TRL). Therefore, in this study, the technology development priority for developing carbon upcycling items was selected according to the domestic Carbon Capture & Utilization (CCU) technology roadmap using the stakeholder selection tool released by EU CarbonNext. As a result of the analysis, the TRL level of Korea's major carbon upcycling technologies was analyzed to be lower than that of other carbon resource technologies, and it was considered desirable to invest in mineral carbonization technologies among various candidate technologies.

리모델링 건축물의 전과정 탄소배출량 사례 평가 분석 (Analysis of Life Cycle Assessment of Renovation Building Through Case Study)

  • 임효진;장형제;태성호
    • 한국건축시공학회:학술대회논문집
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    • 한국건축시공학회 2022년도 봄 학술논문 발표대회
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    • pp.47-48
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    • 2022
  • In Korea, construction and development has been continued rapidly since the 1970s, and the reconstruction and renovation market has recently been activated to improve old buildings. Most of the environmental evaluation of reconstruction and renovation projects is focused on the use of operating energy, and It is necessary to analyze carbon emissions throughout the life cycle for a comprehensive evaluation of reconstruction and remodeling projects. Therefore, this study quantitatively predicted carbon emissions from reconstruction and renovation based on ISO 14040s through case analysis for the purpose of evaluating the carbon emissions of renovated buildings from the perspective of the whole life cycle. In additional, the amount of carbon savings of each was analyzed through comparison with existing building.

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산림탄소상쇄 사업계획서를 이용한 산림탄소 배출권 분석 (Analysis of Forestry Carbon Offset Credits Using Project Design Documents)

  • 박진택;조용성;장진구
    • 한국기후변화학회지
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    • 제7권2호
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    • pp.185-191
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    • 2016
  • Since 2013, the forest carbon offest scheme is operated by 'ACT ON THE MANAGEMENT AND IMPROVEMENT OF CARBON SINK'. Most of projects account for afforestation, reforestation and restoration. This study analyzed what is affected to pricing factors for the registered 71 project of forest carbon offset in Korea Forest Service. The purpose of this study is to introduce information on the business plans of forest carbon offset scheme and aid to understand the process from registration to issuing offset credits. Also it is meaningful to proposing a policy for price competitiveness and how to enable forest carbon offset schemes to produce activation by measuring the factors that affect the forest carbon offset scheme. The results showed forest carbon credit price is 92,827 won per ton on average, it could see less price-competitive than emission rights market when compared with the price.

배출권거래제 하에서 단일 제조업자-다소매업자의 공급사슬에서 다품목의 재고모형 (Single Manufacturer and Multiple Retailers Multi-Product Inventory Model under Cap-and-Trade Mechanism)

  • 김대홍
    • 산업경영시스템학회지
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    • 제42권1호
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    • pp.158-166
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    • 2019
  • In pursuing carbon emission reduction efforts, companies have focused for the most part on reducing emissions due to the more efficient equipment and facilities. However they overlook a significant source of carbon emissions, one that is driven by operational policies. Currently companies are looking for solutions to reduce carbon emissions associated with their operations. Operational adjustments, such as modifications in order quantities could an effective way in reducing carbon emissions in the supply chain. Also, Cap-and-Trade mechanism is generally accepted as on of the most effective market-based mechanism to reduce carbon emissions. In this paper, we investigate a supply chain with single manufacturer and multiple retailers multi-product inventory model under the cap-and-trade system incorporating the carbon emissions caused by transportation and warehousing activities. Also, we provide an iterative solution algorithm and derive the common order interval and the number of intervals for each product. We show by numerical example that the inventory model incorporating cap & trade mechanism can reduce total cost and carbon emissions compared to the classical inventory model. Using the numerical examples, we also investigates different carbon price on the performance of the inventory model.

국제 탄소배출권 가격의 동태적 조건부 상관관계 분석 (An Analysis of Dynamic Conditional Correlation among International Carbon Emission Trading Prices)

  • 나단단;이은화
    • 무역학회지
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    • 제47권1호
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    • pp.99-114
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    • 2022
  • This paper analyzed the dynamic conditional correlation between the carbon emission trading prices of Korea, China, EU, New Zealand. This paper was analyzed using the daily data of carbon emission trading prices of each country from January 12, 2015 to January 13, 2021 using the DCC-GARCH model. Summarizing the research results, first, the dynamic conditional correlation between carbon emission trading prices in the EU, Korea, and China, excluding New Zealand, was strong, indicating that there was a co-movement phenomenon. Second, it was found that carbon emission trading prices in major countries have a stronger tendency to co-movement due to global shocks. Third, it appears that the dynamic conditional correlation between the carbon emission trading prices of Korea and China is gradually strengthening. This study confirmed that the co-movement between carbon emission trading prices in Korea and other countries gradually intensified as time passed. In particular, it is meaningful in suggesting the implication that the phenomenon of co-movement between carbon emission trading prices in Korea and China is gradually intensifying.