• Title/Summary/Keyword: Carbon trading

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Creating New Environment in Asia (아시아 지역 환경의 새로운 조성)

  • Naoshi Handa
    • Journal of the Korean Professional Engineers Association
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    • v.37 no.6
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    • pp.37-40
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    • 2004
  • This year's main theme of Japan-Korea Joint Symposium of Professional Engineering is 'Conservation of the earth environment and risk management' As a keynote speaker. I a going to discuss the strategies to make appropriate future environment of our countries. In particular, following items are discussed in the speech. 1. The Desert greening with peat at Uighur area 2. Anoter viewpoint of the environmental problem 3. Review of the Earth Warming 4. Review of the environment of the Earth 5. Corresponding of Emission Trading scheme of carbon dioxide to the atmosphere 6. Un-precious present from continent to Japan 7. Corresponding of asbestos damage 8. Risk assessment and Risk management

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Assessment of Carbon Sequestration Potential in Degraded and Non-Degraded Community Forests in Terai Region of Nepal

  • Joshi, Rajeev;Singh, Hukum;Chhetri, Ramesh;Yadav, Karan
    • Journal of Forest and Environmental Science
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    • v.36 no.2
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    • pp.113-121
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    • 2020
  • This study was carried out in degraded and non-degraded community forests (CF) in the Terai region of Kanchanpur district, Nepal. A total of 63 concentric sample plots each of 500 ㎡ was laid in the inventory for estimating above and below-ground biomass of forests by using systematic random sampling with a sampling intensity of 0.5%. Mallotus philippinensis and Shorea robusta were the most dominant species in degraded and non-degraded CF accounting Importance Value Index (I.V.I) of 97.16 and 178.49, respectively. Above-ground tree biomass carbon in degraded and non-degraded community forests was 74.64±16.34 t ha-1 and 163.12±20.23 t ha-1, respectively. Soil carbon sequestration in degraded and non-degraded community forests was 42.55±3.10 t ha-1 and 54.21±3.59 t ha-1, respectively. Hence, the estimated total carbon stock was 152.68±22.95 t ha-1 and 301.08±27.07 t ha-1 in degraded and non-degraded community forests, respectively. It was found that the carbon sequestration in the non-degraded community forest was 1.97 times higher than in the degraded community forest. CO2 equivalent in degraded and non-degraded community forests was 553 t ha-1 and 1105 t ha-1, respectively. Statistical analysis showed a significant difference between degraded and non-degraded community forests in terms of its total biomass and carbon sequestration potential (p<0.05). Studies indicate that the community forest has huge potential and can reward economic benefits from carbon trading to benefit from the REDD+/CDM mechanism by promoting the sustainable conservation of community forests.

An Analysis of Efficiency and Government Policies of ESS (에너지 저장시스템의 효율성 검토 및 정책 분석)

  • Kim, Bum-Gon;Lee, Seoung-Cheol;Kim, Cheol-Hwan;Lee, See-Bin
    • Proceedings of the KSR Conference
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    • 2011.10a
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    • pp.2373-2382
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    • 2011
  • As the government set the direction for Green Growth recently, so local government struggles to obtain carbon emissions trading. In the center of this global environment atmosphere, the quantitative targets would be suggested by some developed countries. In case of a international green movement like this, it would have been being induced from by crystallizing of economic and environmental regulations and legal policies that not only a meter-rate system of carbon emissions but also application for regenerate energy. In this paper, we researched cultivating of energy storage system(ESS) to conjugate regenerative energy of train, an energy efficiency and cultivating cost etc. In conclusion, we would acknowledge a difficulty in cultivating ESS only for cost reduction of energy consumption, so governmental policies for green growth should be thoughtfully examined.

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Problems of Decarbonization of the Economy of Kazakhstan

  • Yessekina, Bakhyt K.
    • The Journal of Asian Finance, Economics and Business
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    • v.2 no.3
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    • pp.37-39
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    • 2015
  • In this article we consider the modern trends of global warming, GHG pollutions and discussions of the obligations of developed and developing countries before the UN Global Climate Summit in Paris. The article considers decarbonization as a national strategy, including complex tools for the improvement of energy efficiency, reduction of CO2 and development of emissions trading systems. The author underlines that the Central Asian countries such as Kazakhstan and Turkmenistan, have the largest GHG potential in the region, and for this reason they should be within the framework of the UNFCCC and join the international process on development of the national decarbonization strategies.Thesemeasuresallowthese countries to join the global carbon trade marketing, international financial recourses, and significantly reduce CO2 pollutions in the region.

A study of the effect on variable generation cost by the variation of $CO_2$ emission trading price ($CO_2$ 거래비용 변화에 따른 발전원가(변동비) 영향 분석)

  • Jung, Young-Beom;Lee, Young-Eal;Yoon, Yong-Beum
    • Proceedings of the KIEE Conference
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    • 2007.07a
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    • pp.822-823
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    • 2007
  • It is easily can be expected that Korea cannot be free under the regulation, because Korea is one of the major $CO_2$ emitter in the world. Even though Korea currently doesn't have any obligation to mitigate the carbon emission, power industry needs to study the effect of that. this paper aims to analyze the change of economic loading order for generation dispatch by various carbon price, looking at each plant's or generator's variable generation cost per unit electricity(kWh) that consists of basic generation price calculated by automatic generation system planning model, WASP 4.0, and $CO_2$ price per unit electricity generation.

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A Study on the History of Environmental Policy in South Korea

  • WOO, Hyein
    • Journal of Koreanology Reviews
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    • v.1 no.2
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    • pp.11-18
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    • 2022
  • International negotiation and cooperation for sustainable development currently emphasize three themes on which environmental policies are developed. South Korea emphasizes two of the three themes; climate change and the 2030 Agenda for Sustainable Development. South Korea has taken a leadership role in the international arena regarding these topics, actively participating in the United Nations Framework Convention on Climate Change (UNFCCC) and the negotiations for the 2030 Agenda (Jung, 2018). South Korea has taken a number of steps to address climate change, both domestically and internationally. Domestically, it has implemented several policies and methods to lessen GHG emissions and transition to a low-carbon economy. It has implemented an Emissions Trading Scheme, the largest in the world, a renewable energy portfolio standard, and aimed at accomplishing carbon neutrality by 2050. South Korea is also actively involved in executing the Sustainable Development Goals (SDGs) and has established a national committee to ensure their successful implementation. The group is made up of representatives from the private sector, government ministries, and civil society organizations. It is focused on monitoring the progress of the SDGs and providing policy and financial support for their implementation.

Estimation of CO2 Abatement Cost Considering Allocative Inefficiency of Inputs for the Korean Steel Industry: A Cost Function Approach (국내 철강업의 생산요소 간 비효율적 배분을 고려한 CO2 저감비용 산정 및 분석: 비용함수접근법)

  • Lee, Myunghun
    • Environmental and Resource Economics Review
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    • v.23 no.3
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    • pp.453-472
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    • 2014
  • Analyzing the effects of carbon emissions trading, which is scheduled to be introduced in Korea in 2015, requires an accurate assessment of $CO_2$ abatement costs by both industries and firms. Firms faced with regulatory constraints are unlikely to minimize their production costs due to rising production costs caused by allocative inefficiency of inputs. The use of a distance function would results in underestimation of $CO_2$ abatement costs, because it fails to capture the allocative distortion costs. Recognizing the disadvantage of the previous approach, first, this paper tests for allocative efficiency of input for the Korean steel industry over the period 1990-2010, then derives the marginal $CO_2$ abatement costs by applying a cost function approach. The hypothesis of allocative efficiency in inputs is rejected and the steel industry pays an annual average cost of 92,000 won in removing an additional ton of $CO_2$ over the sample period.

Analyzing the Effects on Korean Regional Economy-Energy-Environment Gaps of GFGs Reduction (온실가스 감축의 지역간 격차 영향 분석)

  • Kim, Jae Hyun;Jeong, Kiho
    • Environmental and Resource Economics Review
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    • v.20 no.2
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    • pp.199-228
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    • 2011
  • In this study, the effect on the economy-energy-environment gap among regions of reducing GHGs is analyzed under various scenarios, using a multiregional dynamic CGE model. Regions in Korea are classified as six metropolitan areas. Scenarios are set in three cases such as self-regulatory measures, carbon tax and emissions trading scheme. The reduction target under each scenario is again classified according to volume basis and intensity basis. In results, self-regulation is shown to deepen the economic divide mostly, followed by a carbon tax, emissions trading scheme in order. This result could be interpreted such that a system based on market incentives gives less effect on the gap among regions. However, market incentives based system is expected to take time to build. Thus in implementing policies to increase short-term effects of the reduction targets, complementary policies are needed to reduce the regional devide.

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Analyses on Techno-economic Aspects and Green Hydrogen Production Capability of MW-scale Low-temperature Water Electrolyzers in Jeju Island, South Korea (제주도 MW급 저온 수전해 수소 생산 시스템의 그린수소 생산 능력 및 경제성 분석 )

  • KOSAN ROH;YEONGJIN KIM;HONGJUN JEON;WOOHYUN KIM;HEESANG KO;KYOUNG SOO KANG;SEONG UK JEONG
    • Transactions of the Korean hydrogen and new energy society
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    • v.34 no.3
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    • pp.235-245
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    • 2023
  • Techno-economic analyses on a 5-MW water electrolysis system for hydrogen production, operated in Jeju Island where the portion of renewable energy in the power grid is the highest in Korea, have been performed. The cost of hydrogen production and the economic feasibility of the hydrogen production system have been mainly analyzed based on the levelized-cost-of-hydrogen model. The effects of carbon emission trading and renewable power purchase method have been considered to reduce the cost of green hydrogen production in the case studies. This economic analysis model is expected to be used to derive a business model for green hydrogen production.

A Study on the Impact Analysis of Introducing Emission Trading System on CBP Market and Policy Implications (배출권거래제도 실시가 CBP 시장에 미치는 영향분석 및 대응방안 수립연구)

  • Kim, Myung-Soo
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.64 no.5
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    • pp.667-679
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    • 2015
  • The bearer of the power sector's ETS compliance cost is power consumer for the following reasons. Firstly, power companies are constrained in establishing appropriate strategies to comply with ETS regulations due to the structural differences between the domestic power market and emission trading system. In other words, because power companies do not have a right to determine price and production of electricity, they have to compete with other companies under disadvantaged conditions in the emission trading market. Secondly, because ETS compliance cost is part of power production costs as it is also clearly written in the national greenhouse gas reduction road-map and the second energy supply plan, the cost should be included in power price following the power market operation rule. Thirdly, the most effective method to reduce carbon emissions in power sector is to reduce power demand, which is efficiently achieved through raising power price to a realistic level. Low power price in Korea is the major cause of rising power demand which is also the major cause of rising GHG emission. Therefore, power sector's ETS compliance cost should be included in power price to encourage power consumers' actions on reducing power consumption. Fourthly, when externality cost occurs in the process of delivering public services, usually beneficiary pay principle is applied to identify the cost bearer. Since electricity is one representative public good, the bearer of power sector's ETS compliance cost is power consumer.