• Title/Summary/Keyword: Economic and Environmental Effects

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The Economic Evaluation of the Renewable Energy Projects using the Geske Model (게스케(Geske) 모델을 이용한 신재생에너지사업의 경제성 분석)

  • Jaehun Sim
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.45 no.4
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    • pp.31-41
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    • 2022
  • As the environmental impacts of fossil fuel energy sources increase, the South Korean government has tried to change non-environmental-friendly enery sources to environmental-friendly energy sources in order to mitigate environmental effects, which lead to global warming and air pollution. With both a limited budget and limited time, it is essential to accurately evaluate the economic and environmental effects of renewable energy projects for the efficient and effective operation of renewable energy plants. Although the traditional economic evaluation methods are not ideal for evaluating the economic impacts of renewable energy projects, they can still be used for this purpose. Renewable energy projects involve many risks due to various uncertainties. For this reason, this study utilizes a real option method, the Geske compound model, to evaluate the renewable energy projects on Jeju Island in terms of economic and environmental values. This study has developed an economic evaluation model based on the Geske compound model to investigate the influences of flexibility and uncertainty factors on the evaluation process. This study further conducts a sensitivity analysis to examine how two uncertainty factors (namely, investment cost and wind energy production) influence the economic and environmental value of renewable energy projects.

An Analysis of Environmental and Economic Benefits of Green Roof in Jung-Gu, Daegu (대구시 중구의 옥상녹화를 통한 환경 및 경제적 편익 분석)

  • Kim, Soo-Bong;Chang, Jung-Keun
    • Journal of Environmental Science International
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    • v.16 no.5
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    • pp.603-610
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    • 2007
  • Recent urban sprawl has destroyed various kinds of green space in tile city. It has affected duality of people's life in the city, as well as urban ecosystem. Recent study shows the possibilities of roofs as green spaces in urban central site where the land costs are generally high. This research focuses on Jung-Gu district in Daegu Metropolitan city as a study area and calculates possible area of green roof using 2002 Autocad program based on aerial photographs and land registration maps. And the purpose of this research is to analyze environmental and economic effects of green roof. The environmental effects are as follows. It is expected that $91,106m^2$ green spaces, 12.13 % of study site, will be added if green roof is performed in the study site. It is assumed that the expanded areas could reduce the highest temperature to $0.5-1.0^{\circ}C$ during the summer in terms of environmental effect. And the following shows the economic effects. If green roof and greening urban central site are created as a same size of $91,106m^2$, it will be expected that the costs of green roof will be much more in-expensive than about 98 billions won. It will be also found that the expense of cooling energy can be saved out about 8 millions won per day in summer, if grass planting is accomplished on the possible areas of green roof in the study site. Therefore, it is desirable to take legal supports such as enacting regulations to activate green roof for more environmental and economic effects. For instance, green roof for public institutions, school and model area selection are desirable method to publicize the effect of greening program for citizen's participation.

Effects of Organic Farming on Greenhouse Gas Emission Reduction (유기농업의 온실가스 감축효과)

  • Kim, Chang Gil;Jeong, Hak Kyun;Kim, Yong Gyu
    • Journal of Climate Change Research
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    • v.7 no.3
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    • pp.335-339
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    • 2016
  • The purpose of this study is to analyze effects of greenhouse gas reduction in organic agriculture. To accomplish the objective of the study, a field survey was conducted. Based on the field survey results, LCA method was used to estimate the greenhouse gas emission. The farmer survey and LCA estimation data were provided by The Foundation of Agricultural Technology Commercialization and Transfer. The GHG estimation results showed that GHG emission of organic farming is less by 10.6~89.3% when compared with the conventional farming. In addition, the economic value of greenhouse gas reduction in organic farming amounts to 1,097 million won. Based on major findings, in response to national greenhouse gas reduction target, it is needed to expand organic farming, supporting organic farmers' income.

Perceived Impacts Influencing Community Satisfaction in Rural Development Projects - Moderating Effects on Community Participation - (농촌개발사업 영향인지가 지역사회만족에 미치는 영향 - 지역사회참여의 조절효과 -)

  • Ahn, Jaemun;Kim, So-Yun;Park, Duk-Byeong
    • Journal of Agricultural Extension & Community Development
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    • v.27 no.4
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    • pp.211-225
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    • 2020
  • It is important to understand what affects community satisfaction. Because community impacts and participation is a central aspect of fostering local community development, it is important to understand how these processes occur. The study aims to identify the factors influencing community satisfaction and to examine the moderating effects of community participation between community perceived impacts and community satisfaction. Data were collected from 328 usable questionnaires among community residents participating rural development projects in Buyeo and Chungyang county, Chungnam province. Results of a factor analysis yielded four dimensions of community perceived impacts which were negative socio-economic impacts, positive economic impacts, positive environmental impacts, and positive social impacts. Hierarchical regression analysis revealed that negative socio-economic impacts, positive economic impacts, and positive environmental impacts affected significantly for community satisfaction. it reveals that there are moderating effects on community participation of negative socio-economic impacts and positive economic impacts. It was suggested that negative socio-economic impacts, positive economic impacts, and community participation should be considered to implement rural development projects and its policy decision making.

A Study on the Analysis of the Economic Effects and Non-Economic Effects of Environmental Qualifications that have Impacts on Enterprises (환경분야 자격이 기업에게 미치는 경계적.비경계적 효과 분석)

  • Park, Jong-Sung;Lee, Mu-Choon
    • Journal of Korean Society of Environmental Engineers
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    • v.27 no.4
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    • pp.369-376
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    • 2005
  • This study aims to investigate and practically examine the effect of environmental qualifications based on the theoretical background on the area. On the basis of theoretical background, a study model was formulated in a way that the effect of qualifications in enterprises side is divided into an economic effect (improvement of productivity, improvement of qualifies of products) and non-economic effect (credibility on the job, expertise on techniques, assessment criteria on entrepreneurial value, applicability of job arrangement). Then, survey was carried out with questions designed in accordance with this model. The hypotheses were proved as the following. First, fir hypothesis 1(Environmental qualifications will bring up positive impacts on the economic effect of enterprises), it turned out to be true. The improvement of productivity and qualities of products were chose to represent the economic effect of entrepreneurs, and the both factors appeared to have positive impacts on the economic effect of enterprises. Second, for hypothesis 2(Environmental qualifications will have positive impacts on the non-economic effect of enterprises), it turned out to be true. Environmental qualifications were proved to have positive impacts on credibility on the job, expertise on techniques, assessment criteria on entrepreneurial value, applicability of job arrangement, which were introduced to represent the non-economic effect of enterprises. In conclusion, environmental qualifications were proved to have positive impacts on both economic and non-economic effect of enterprises.

A Study on the Analysis of the Economic and Non-Economic Effects of Environmental Qualifications on Their Holders (환경분야 자격이 개인에게 미치는 경제적.비경제적 효과 분석)

  • Park, Jong-Sung;Lee, Mu-Choon
    • Hwankyungkyoyuk
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    • v.18 no.1 s.26
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    • pp.55-69
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    • 2005
  • This study aims to investigate and practically examine the effect of environmental qualifications based on the theoretical background on the area. First, the economic effect of the acquisition of the qualifications was to be studied from the viewpoints of individuals and from an actual analysis on it, its effect was to be proved. Second, its non-economic effect was to be proved from the same way as the first analysis. On the basis of theoretical background, a study model was formulated in a way that the effect of qualifications in individuals side was divided into an economic effect (wage, employment, promotion, job-switching) and non-economic effect (self-development, self-efficiency, satisfaction on the job, ability to cope with the advancement of technology, job performance, signal effect, the settlement of uneasiness at unemployment). Then, survey was carried out with questions designed in accordance with this model. The hypotheses were proved as the following. First, for hypothesis 1(Environmental qualifications will bring up positive impacts on an individuals economic effect), environmental qualifications was shown to have positive impacts on wage, job-switching in personal economic effect. But, no personal economic effect appeared for employment and promotion. Second, for hypothesis 2(Environmental qualifications will bring up positive impacts on an individuals non-economic effect), environmental qualifications appeared to have positive impacts on self-efficiency, ability to cope with the advancement of technology, job performance and signal effect. Besides, no impact was shown in satisfaction on the job and the settlement of uneasiness at unemployment and self-development.

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Analysis of Environmental Implications and Economic Feasibility for Vitalizing Agricultural Residues as Resources Considering Waste Management Cost (폐기물처리 비용을 고려한 국내 영농부산물 자원화 방안의 경제성과 환경성 분석)

  • Kim, Yooan;Park, Jooyoung;Suh, Kyo
    • Journal of The Korean Society of Agricultural Engineers
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    • v.65 no.4
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    • pp.11-23
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    • 2023
  • In Korea, open burning of agricultural residues is prevalent due to inadequate collection systems, which have caused environmental impacts such as GHGs and particulates. This illegal treatment of agricultural residues also results in economic loss, considering that agricultural residues can be utilized as resources such as pellets and energy sources. To understand the effect of avoiding open burning, this study evaluated the economic, environmental, and social effects of two alternative management options for agricultural residues: incineration and pelletizing. The study estimates the potential amount and dry weight by region for 18 items, taking various factors into account. Regarding the economic aspect, pelletizing facilities in all regions in Korea create economic benefits. This study shows that most regions have an environmental advantage by pelletizing residues. However, incineration creates more environmental benefits than pelletizing in metropolitan cities with relatively low density of residues. It is expected that the environmental, economic, and social findings of this study can be used to inform policies for bioenergy as the need for agricultural residue increases.

An Analysis of Economic Efficiency of Environmental Friendly Farms and Conventional Farms : the Case of Strawberries and Tomatoes farms (친환경농가와 관행농가의 경영효율성에 관한 연구: 딸기와 토마토를 중심으로)

  • Han, Byeol;Yang, Sung-Bum
    • Korean Journal of Organic Agriculture
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    • v.25 no.4
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    • pp.679-697
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    • 2017
  • This study analyzes an economic efficiency of environmental friendly farm and conventional farm using the data envelopment analysis (DEA). We compare the economic efficiency of Environmental Friendly farm and Conventional farm. We also analyze the effects of some explanatory variables on allocative efficiency (AE), pure technology efficiency (PTE) and scale efficiency (SE). In the case of strawberries farm, environmental friendly farm has higher overall efficiency (OE) than conventional farm. But tomatoes farm has higher overall efficiency (OE) than conventional farm. And We measure returns to scale of farms. Most strawberries and tomatoes farms showed Increasing to Scale (IRS).

The Effects of Environmental Improvement on Economic Growth (경제성장에 따른 환경개선 효과 실증분석)

  • Gahyeong Hur
    • Environmental and Resource Economics Review
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    • v.31 no.4
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    • pp.887-908
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    • 2022
  • In order to confirm the effects of economic growth and environmental improvement, this study analyzed the existence of environmental Kuznets curve (EKC) for SO2 emission, greenhouse gas emission, and waste generation in OECD countries. As a result of panel analysis, the shape of the EKC were different depending on environmental pollutants. SO2 generated peaks relatively early in economic growth, and the peak of greenhouse gas emissions was showed in higher income level. But both emissions showed the a complete inverted U-shaped curve decreasing after the peak. On the other hand, for waste, there was no environmental Kuznets curve that could confirm the peak. Therefore, this study confirmed that it is difficult to expect a voluntary reduction in all environmental pollutants, and additional global joint efforts are needed to pass the peak. In particular, since waste has a greater impact on population density and industrial structure than income level, additional policy efforts are needed to reduce generation and create a resource circulation system.

Three-Dimensional Borehole Radar Modeling (3차원 시추공 레이다 모델링)

  • 예병주
    • Economic and Environmental Geology
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    • v.33 no.1
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    • pp.41-50
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    • 2000
  • Geo-radar survey which has the advantage of high-resolution and relatively fast survey has been widely used for engineering and environmental problems. Three-dimensional effects have to be considered in the interpretation of geo-radar for high-resolution. However, there exists a trouble on the analysis of the three dimensional effects. To solve this problem an efficient three dimension numerical modeling algorithm is needed. Numerical radar modeling in three dimensional case requires large memory and long calculating time. In this paper, a finite difference method time domain solution to Maxwell's equations for simulating electromagnetic wave propagation in three dimensional media was developed to make economic algorithm which requires smaller memory and shorter calculating time. And in using boundary condition Liao absorption boundary. The numerical result of cross-hole radar survey for tunnel is compared with real data. The two results are well matched. To prove application to three dimensional analysis, the results with variation of tunnel's incident angle to survey cross-section and the result when the tunnel is parallel to the cross-section were examined. This algorithm is useful in various geo-radar survey and can give basic data to develop dat processing and inversion program.

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