• Title/Summary/Keyword: Emissions Trading Scheme

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Assessment of Integrated N2O Emission Factor for Korea Upland Soils Cultivated with Red Pepper, Soy Bean, Spring Cabbage, Autumn Cabbage and Potato

  • Kim, Gun-Yeob;Na, Un-Sung;Lee, Sun-Il;Jeong, Hyun-Cheol;Kim, Pil-Joo;Lee, Jong-Eun;Seo, Young-Ho;Lee, Jong-Sik;Choi, Eun-Jung;Suh, Sang-Uk
    • Korean Journal of Soil Science and Fertilizer
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    • v.49 no.6
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    • pp.720-730
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    • 2016
  • Greenhouse-gas emission factors are widely used to estimate emissions arising from a defined unit of a specific activity. Such estimates are used both for international reporting to the United Nations Framework Convention on Climate Change (UNFCCC) and for myriad national and sub-national reporting purposes (for example, European Union Emissions Trading Scheme; EU ETS). As with the other so-called 'Kyoto protocol GHGs', the Intergovernmental Panel on Climate Change (IPCC) provides a methodology for national and sub-national estimation of $N_2O$ emissions, based on the sector from which the emissions arise. The objective of this study was to develop a integrated emission factor to estimate the direct $N_2O$ emission from an agricultural field cultivated with the red pepper, soy bean, spring cabbage, autumn cabbage and potato in 2010~2012. Emission factor of $N_2O$ calculated using accumulated $N_2O$ emission, N fertilization rate, and background $N_2O$ emission over three year experiment was $0.00596{\pm}0.001337kg$ $N_2O-N(N\;kg)^{-1}$. More extensive studies need to be conducted to develop $N_2O$ emission factors for other upland crops in the various regions of Korea because $N_2O$ emission is influenced by many factors including climate characteristics, soil properties, and agricultural practices.

Research on Changes and Characteristics of GHG Emissions by Major Energy-consuming Universities in Korea - Focused on the variation since the implementation of GHG emission regulation by Government - (에너지 다소비 대학의 온실가스 배출 변화와 특성 - 온실가스 배출 규제 시행 이후의 변화를 중심으로 -)

  • Jung, Hyejin;Kim, In Chol
    • Korean Journal of Construction Engineering and Management
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    • v.18 no.1
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    • pp.74-82
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    • 2017
  • It is known that energy usage from Korean Universities was growing rapidly in the early 2000s. But since 2011, the change was caused by GHG emissions regulation enforced by the government. The purpose of this research was to find the characteristics and trends of greenhouse gas emissions from major universities in Korea according to the each university's data and information. The result shows that GHG emissions from University have increased steadily prior to enforcement by 4-5% annually, but the rate of increase marked 0.5~1% in 2011~2013 is the season of emission regulation and the total amount of emissions decreased 3%~5% in 2014~2015 while preparing an emissions trading scheme. Therefore we can say that the enforcement of GHG reduction such as energy target management system makes a visible effect at least in the University sector that level of GHG emissions is from $75kg/m^2$ to $58Kg/m^2$ for seven years. Another result says that the size of research fund is the main factor that affects the amount of GHG emissions before 2011, but the size of building area has been a new factor influencing the GHG emission since 2013. Thus we suggest that the criteria for evaluating the level of GHG emission from University is suitable if it is based on the building area intensity.

Analysis on Price Driver of Spread and Different Patterns of EUA and sCER (탄소배출권 EUA와 sCER의 가격 차이 패턴 및 스프레드(Spread) 결정 요인 분석)

  • Park, Soonchul;Cho, Yongsung
    • Environmental and Resource Economics Review
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    • v.22 no.4
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    • pp.759-784
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    • 2013
  • Participants can use the allowances and offsets for implementing the compliance in the Emissions Trading Scheme(ETS). There are alternative commodities which are different prices it gives the opportunities to reduce the compliance costs and get the arbitrage. This study analyzes the price driver of spread which is the difference between EUA and sCER using AR-GARCH model, EUA and CER during the Phase 2 in EU ETS. The results show that there are common elements which impacts the EUA and sCER and also different elements between them. EUA and sCER get the effects from energy price and economic criteria such as coal price and financial crisis as common elements. However them get the effects from electric price, policy criteria such as restricted CERs and difference price between EUA and ERU price as different elements. The results shows that spread will be widen if energy price increase, especially oil and electric price give more impacts the spreads. This study has the means that it explains the reason why the spreads will broaden sharply in 2012. And it also suggests the price driver of spread during the whole period of Phase 2. In addition, this study shows that political aspects maybe become the main criteria of price change with structural elements shch as energy price in Korea ETS which starts in 2015.

Development of a Model and Methodology for the Analysis of the $CO_2$ Emissions Reduction Effect through the Introduction of the G2B Systems in e-government : ECRE Approach (전자정부 G2B 시스템 도입에 따른 탄소저감효과 분석을 위한 모델 및 방법론 개발)

  • Lim, Gyoo-Gun;Lee, Dae-Chul;Lim, Mi-Hwa;Moon, Jong-In
    • The Journal of Society for e-Business Studies
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    • v.15 no.3
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    • pp.163-181
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    • 2010
  • As a part of efforts to reduce the global emissions of greenhouse gases, the Kyoto Protocol was signed by major developed countries ("Annex I" countries). According to the Kyoto protocol, the Emission Trading Scheme that derives a trading market of the $CO_2$ emission rights is appeared. It causes that business institutions give lots of efforts to reduce $CO_2$ by using new environmentally sound technologies or increasing efficiency in production. On the while there have been several studies trying to develop a methodology to measure the effect of $CO_2$ reduction and its monetary value. In this research we suggest ECRE (Evaluation of $CO_2$ Reduction in E-transformation) model which can measure the $CO_2$ reduction effect through the introduction of G2B system. ECRC model was developed based on the IPCC methodology. ECRC model measures the two major effects of the $CO_2$ reduction which are '$CO_2$ reduction effect from transportation' and '$CO_2$ reduction effect from the decrease of paper use'. In this paper, we calculate the economic effect of $CO_2$ reduction with the case of the G2B system in Korea. This research suggests a basic methodology to measure the $CO_2$ reduction performance for the e-transformed institution.

A Study on Countermeasures of Electronic Component Industry according to Korean Emission Trading Scheme Enforcement (국내 배출권거래제 시행에 따른 전자부품산업 대응방안 연구)

  • Choi, Eun Kyung;Lim, Hoseon;Lee, Min Young;Shin, Seung-chol
    • Journal of Climate Change Research
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    • v.5 no.4
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    • pp.331-338
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    • 2014
  • The continued efforts to reduce GHG emission by international cooperation and each country are in progress. As part of these efforts, Korea's ETS is enforced in 2015. This was the time to make strategies for each company to respond Korea's ETS. This study was performed to suggest a draft of basic strategies for electronic component industry in current Korea's ETS stage are as follows; - Analyzing the nature of electronic component industry - Identifying needs for corresponding ETS of electronic component industry - Analyzing basic countermeasures for each stage of ETS - Suggesting drafts of basic strategies for electronic component industry in current Korea's ETS stage The result of this study, the current stage of Korea's ETS is moving from implementation of the scheme become determined and prepare the minimum corresponding to direct corresponding to the regulation and market change. Electronic component industry has many GHG emission growth(or change) factor, and it will be make electronic component industry as a buyer when Korea's ETS is enforced. Korea's ETS will be clearly act as a regulation rather than new business for electronic component industry. Therefore, identifying the Korea's ETS as a regulation is resonable strategy for corresponding the scheme. The basic strategies of electronic component industry th responding Korea's ETS are as follows; - Building internal organization and decision-making system before enforcement the Korea's ETS - Establishing internal basic corresponding strategies according to carbon price forecast scenarios - Considering the energy consumption and GHG emissions in design phase and preparing the global ETS market in mid or long term.

Decomposition Analysis of Energy Consumption and GHG Emissions by Industry Classification for Korea's GHG Reduction Targets (감축목표 업종 분류체계에 따른 산업부문의 에너지 소비 및 온실가스 배출 요인 분해 분석)

  • Park, Nyun-Bae;Shim, SungHee
    • Environmental and Resource Economics Review
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    • v.24 no.1
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    • pp.189-224
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    • 2015
  • To meet sectoral emission target by 2020 and prepare for the emission trading scheme from 2015, decomposition analysis of energy consumption and GHG emission is required by 18 subsectors in industry sector where emission targets are established. Log Mean Divisia Index decomposition method was used to analyze factors' effects on energy and emission in the industry sector and by 18 subsectors from 2004 to 2011. Industrial energy consumption was increased due to the production effect and energy intensity effect. However structure effect contributes to the decrease of energy consumption. In terms of emissions (including indirect emission due to electricity consumption) in the industry sector, only structure effect contributed to the emission reduction. Factors' effects by subsectors were different. Cement industry, which is included at Nonmetal shows different results from those of Nonmetal industry and machinery industry, which is a subsector of Fabricated Metal, was also similar. In this regard, we should not apply the policy implications from decomposition analysis of aggregated industry such as Nonmetal or Fabricated Metal to its subsectors uniformly and develop a differentiated policy for each subsector industry.

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

  • Kim, Soo-Kyung
    • Management & Information Systems Review
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    • v.33 no.3
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    • pp.93-104
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    • 2014
  • This study investigates price discovery between BlueNext spot and futures in EU ETS carbon emission markets using vector error correction model, GG and Hasbruck information ratio. Especially EUA is European Union Allowances traded on the Emissions Trading Scheme. This emission asset attracts and increasing attention among operators, investors and brokers on emission markets. In this study, we found BlueNext spot and EUA futures market are cointegrated. Following the preceding studies, we judged that EUA futures market contribute to the price discovery process than BlueNext spot market when this GG and Hasbrouck information ratio for BlueNext market are larger than 0.5. In other words, the futures market of EUA plays a more dominant role in price discovery than the spot market.

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Trends and Interpretation of Life Cycle Assessment (LCA) for Carbon Footprinting of Fruit Products: Focused on Kiwifruits in Gyeongnam Region (과수의 탄소발자국 표지를 위한 LCA 동향 및 해석: 경남지역 참다래를 중심으로)

  • Deurer, Markus;Clothier, Brent;Huh, Keun-Young;Jun, Gee-Ill;Kim, In-Hea;Kim, Dae-Il
    • Horticultural Science & Technology
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    • v.29 no.5
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    • pp.389-406
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    • 2011
  • As part of a feasibility study for introducing carbon labeling of fruit products in Korea, we explore the use of carbon footprints for Korean kiwifruit from Gyeongnam region as a case study. In Korea, the Korean Environmental Industry and Technology Institute (KEITI) is responsible for the carbon footprint labeling certification, and has two types of certification programs: one program focuses on climate change response (carbon footprint labeling analysis) and the other on low-carbon products (reduction of carbon footprints analysis). Currently agricultural products have not yet been included in the program. Carbon labeling could soon be a prerequisite for the international trading of agricultural products. In general the carbon footprints of various agricultural products from New Zealand followed the methodology described in the ISO standards and conformed to the PAS 2050. The carbon footprint assessment focuses on a supply chain, and considers the foreground and the background systems. The basic scheme consists of four phases, which are the 'goal', 'scope', 'inventory analysis', and 'interpretation' phases. In the case of the carbon footprint of New Zealand kiwifruit the study tried to understand each phase's contribution to total GHG emissions. According to the results, shipping, orchard, and coolstore operation are the main life cycle stages that contribute to the carbon footprint of the kiwifruit supply chain stretching from the orchard in New Zealand to the consumer in the UK. The carbon emission of long-distance transportation such as shipping can be a hot-spot of GHG emissions, but can be balanced out by minimizing the carbon footprint of other life cycle phases. For this reason it is important that orchard and coolstore operations reduce the GHG-intensive inputs such as fuel or electricity to minimize GHG emissions and consequently facilitate the industry to compete in international markets. The carbon footprint labeling guided by international standards should be introduced for fruit products in Korea as soon as possible. The already established LCA methodology of NZ kiwifruit can be applied for fruit products as a case study.

Review of the Estimation Method of Methane Emission from Waste Landfill for Korean Greenhouse Gas and Energy Target Management System (온실가스·에너지 목표관리제를 위한 폐기물 매립시설 메탄배출량의 적정 산정방법에 관한 고찰)

  • Seo, Dong-Cheon;Nah, Je-Hyun;Bae, Sung-Jin;Lee, Dong-Hoon
    • Journal of Korean Society of Environmental Engineers
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    • v.35 no.12
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    • pp.867-876
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    • 2013
  • To promote the carbon emission trading scheme and reduce greenhouse gas (GHG) emission as following 'Korean GHG & Energy Target Management System', GHG emissions should be accurately determined in each industrial sector. For the estimation method of GHG emission from waste landfill, there are several error parameters, therefore we reviewed the estimation method and proposed a revised method. Methane generation from landfill must be calculated by the selected method based on methane recovery rate, 0.75. However, this methodology is not considered about uncertainty factor. So it is desirable that $CH_4$ generation is estimated using first order decay model and methane recovery should use field monitoring data. If not, $CH_4$ recovery could be applied from other study results; 0.60 of operational landfill with gas vent and flaring system, 0.65 of operational site with landfill gas recovery system, 0.90 of closed landfill with final cover. Other parameters such as degradable organic carbon (DOC) and fraction of DOC decompose ($DOC_f$) need to derive the default value from studies to reflect a Korean waste status. Proper application of MCF that is selected by operation and management of landfill requires more precise criteria.