• Title/Summary/Keyword: Environmental Accounting

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The Effects of the Allocation and Accounting Methods of GHG Allowances on Firms' Financial Positions (배출권 할당 및 회계처리 방식이 기업의 시장 지위에 미치는 영향)

  • Oh, Hyungna;Hong, Inkee
    • Environmental and Resource Economics Review
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    • v.24 no.3
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    • pp.489-522
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    • 2015
  • According to Law on Allocation and Trading of GHG Allowances of 2013 in Korea as well as the 2014 National Master Plan for Korean Emissions Trading System, the System should be designed to minimize the change in the market positions of the affected firms. In this paper, we investigate how that principle might become ineffective by the ways of distributing allowances and applying different accounting methods using a Cournot duopoly model. Although the way of allocating allowances freely to firms combined with accounting them for having no values would minimize their market positions, it would not the most cost-effective way of GHG reduction since it does not provide financial market with accurate informations.

A Study on Production and Demand Expansion for Environmental-Friendly Farming Products - In Kwangju and Jeonnam Province - (친환경농산물의 생산실태 몇 소비확대에 관한 연구 -광주 ${\cdot}$ 전남지역을 중심으로 -)

  • Kim, Byung-Moo;Song, Kyung-Hwan
    • Korean Journal of Organic Agriculture
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    • v.12 no.3
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    • pp.265-278
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    • 2004
  • With the development of national economy and increase of income, consumers' demand for quality and safe agricultural products have increased and perception on environmental-friendly Farming products has been sharply changing. In other words, consumers increasingly show the tendency to prefer environmental-friendly farming products for considering health and environment protection, despite higher price. The environmental-friendly farming products in Jeonnam Province is still at its early stage, accounting for 1% or so of the total products. Considerable part of environment-friendly farming products, nevertheless, difficult problem to End consumers, thus sold at relatively high prices. To the questionnaire asking their most severe difficulty is about 30.5% for sale. This suggests that strategies for consumption expansion of environment-friendly farming products, including of consumers, confidence, publicity of consumers, should be established to increase the income of environmental-friendly farmers in Jeonnam Province.

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Comparison of Traditional Productivity and the Environmentally-Adjusted Productivity in the Chinese Regions (중국의 지역별 전통적 생산성과 환경조정생산성의 비교)

  • Park, Hae-Ran;Kang, Sang-Mok
    • Journal of Environmental Policy
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    • v.8 no.3
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    • pp.115-138
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    • 2009
  • The purpose of this paper is to clarify the main components of economic growth and the effects of environmental factorson productivity by comparing traditional productivity growth and environmentally-adjusted productivity growth in 28 Chinese regions based on growth accounting analysis. To do this, we measured the shadow prices of SOx for the 28 Chinese regions. This study found that the annualized growth rate of output in the 28 Chinese regions was almost 10.07% for 1999-2005, though the growth rate was higher in the eastern region than in the middle and western regions. The average traditional productivity was 3.58%, again with the eastern region showing the highest level. The average environmentally-adjusted productivity of the three regions was about 3.56%, which is similar to the level of traditional productivity. This implies that activities regarding pollution reductions in the 28 Chinese regions have not been practiced, even though environmental regulations have been strengthened. Therefore, the regional and central governments should strengthen environmental regulations and strictly enforce them.

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Connectivity and Effectiveness of Marine Protected Areas on the West Coast of Korea within the Yellow Sea Large Marine Ecosystem

  • Lee, Eun-Kyung;Lee, Junseok;Lee, Chang-Rae;Choi, Keun-Hyung
    • Ocean and Polar Research
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    • v.44 no.3
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    • pp.249-260
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    • 2022
  • This mini review examines the habitat connectivity and effectiveness of Korean Marine Protected Areas (MPAs) in the Yellow Sea Large Marine Ecosystem (YSLME) region. We first reemphasize that the Korean region of the YSLME is a single ecosystem (ecoregion) given the biophysical distribution patterns. The MPAs within the YSLME contribute about 50% to the total MPAs in Korea, accounting for about 10% of the territorial sea waters of Korea and 20% of the waters of YSLME on the Korean side. By area, national parks account for nearly 45% of the MPAs, followed by the wetland protected areas at 25%, with other types of MPA comprising the remaining 30%. Large MPA (> 100 km2) is the dominant type of MPA, accounting for 90% of the total area. We find that MPAs in the region are connected physically and perhaps also genetically. However, the level of protection was found to be low, and a no-take zone is rarely implemented. In addition, interrupted freshwater discharge caused by river-mouth dams poses a major hindrance to the physical connectivity of the MPAs. Restoration of the river-mouth dams and strengthened regulation on MPAs, with further expansion of MPAs in line with the current development of post-2020 global biodiversity frameworks, should be priorities for better management of marine resources. The newly revised law incorporating the concept of "Marine Ecosystem Axis Management" would reinforce the processes, and their effectiveness together with overall management of MPAs in Korea should be evaluated by designing appropriate measurement tools.

Development of Digital Terrain Analysis for an Identification of Wetland Area at Mountainous Watershed (산지습지의 수문지형분석 방법론의 개발)

  • Jang, Eun-Se;Lee, Eun-Hyung;Kim, Sang-Hyun
    • Journal of Environmental Science International
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    • v.24 no.11
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    • pp.1473-1483
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    • 2015
  • In this study, a digital terrain analysis had been performed for a mountainous watershed having wetlands. In order to consider the impact for wetland in the flow determination algorithm, the Laplace equation is implemented into the upslope accounting algorithm of wetness computation scheme. The computational algorithm of wetland to spatial contribution of downslope area and wetness was also developed to evaluate spatially distributed runoff due to the presence of wetland. Developed schemes were applied to Wangpichun watershed located Chuncuk mountain at Ulzingun, South Korea. Both spatial distribution of wetness and its histogram indicate that the developed scheme provides feasible consideration of wetland impact in spatial hydrologic analysis. The impact of wetland to downslope propagation pattern is also useful to evaluate spatially distributed runoff distribution.

Environmental Performance and Earnings Persistence: Empirical Evidence from Indonesia

  • PUTRA, Ferdy
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.3
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    • pp.1073-1081
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    • 2021
  • When firms have higher environmental performance, they can provide sustainable business that allows firms to build the value of credibility and ethics, higher reputation, higher productivity, and lower costs. The advantages of environmental responsibilities help firms to maintain their earnings level over a long-term period. This research aims to examine the effect of environmental performance on earnings persistence. Research samples include 413 manufacturing firms-years listed in the Indonesian Stock Exchange and the PROPER evaluation in 2013-2019. Environmental performance is measured by PROPER evaluation rating. The result shows that environmental performance has a positive effect on earnings persistence. The advantage of environmental responsibilities allows firms to enjoy performance sustainability and persistence in a long-term period, not only periodically. Also, the positive effect of environmental performance on earnings persistence occurs more in the environmentally sensitive industry than non-sensitive ones. Since an environmentally-sensitive industry brings more environmental damage, higher environmental performance is more valuable to provide sustainability. This research has limitations to use all the Indonesian Stock Exchange-listed firms since not all firms participate in the PROPER evaluation. This research implies firms' management should maintain earnings persistence and sustainability by implementing higher-quality environmental responsibility, especially for firms in an environmentally-sensitive industry.

Pilot Evaluation for the Introduction of Ecosystem Accounting for Flood Control (홍수조절 생태계 계정 도입을 위한 전국 단위 시범 평가)

  • Tae-Ho Lee;Hee-Jin Moon;Gumsung Cheon;Jung-In Kim
    • Journal of Environmental Impact Assessment
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    • v.32 no.6
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    • pp.488-502
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    • 2023
  • Ecosystem service accounting must measure ecosystem supply functions, demand, and the actual service flows that occur between them. In order to measure flows, supply and demand relationships must be defined, and a methodology that can objectify complex connections is needed. Although various studies on ecosystem services have been conducted in Korea, but researches on accounting for ecosystem services are not enough. The purpose of this study is to evaluate flood control ecosystem services by applying the EU methodology studied in the Experimental Ecosystem Account (EEA) of System of Environmental Economy Account (SEEA) and explore ways to introduce ecosystem account. To conduct the study, the ecosystem's runoff retention potential, social and economic demand for flood control, and actual service benefit flows formed from the relationships between them were modeled and quantified on a spatial basis. As a result of calculating the actual flow of flood control ecosystem services, the total domestic service amount was calculated to be 165,595 (ha), and it was confirmed that much of it was concentrated in agricultural land. In order to account for domestic flood control services in the future, key spatial data such as land cover maps must be continuously established and managed, and researches on input data and methodologies applicable to various spatial scopes such as national, regional, and unit watersheds are expected to be necessary.

Pyrosequencing-Based Analysis of the Bacterial Community in Korean Traditional Seafood, Ojingeo Jeotgal

  • Jung, Jaejoon;Choi, Sungjong;Jeon, Che Ok;Park, Woojun
    • Journal of Microbiology and Biotechnology
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    • v.23 no.10
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    • pp.1428-1433
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    • 2013
  • Jeotgal fermentation is dependent upon a diverse microbial community, although a detailed understanding of its microbial composition is limited to a relatively small number of jeotgal. Pyrosequencing-based bacterial community analysis was performed in fermented squid, ojingeo jeotgal. Leuconostoc was identified as the predominant bacterial genus, with Bacillus and Staphylococcus also accounting for a large proportion of the bacterial community. Phylogenetic analysis with 16S rRNA genes of Leuconostoc type species indicated that L. citreum- and L. holzapfelii-like strains could be the major Leuconostoc strains in jeotgal. High concentrations of NaCl were thought to be an important factor determining the makeup of the bacterial community in the fermented squid; however, a genomic survey with osmotic stress-related genes suggests the existence of more complex factors selecting the dominant bacterial species in fermented squid.

Relationship between the Abnormalities of the Reproductive Organ and the Accumulation of the Environmental Disruptors in the Striped Field Mouse, Apodemus agrarius (등줄쥐의 생식계 이상과 내분비계장애물질 축적과의 관련에 대하여)

  • Yoon Myung Hee
    • Proceedings of the Korea Society of Environmental Biology Conference
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    • 2003.11a
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    • pp.38-47
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    • 2003
  • Relationships between accumulations of endocrine disruptors and abnormalities in the reproductive organs in the adult male striped field mice, Apodemus agrarius, were reviewed. High levels of phenolic compounds were detected in the mice collected at an agricultural village in Gaduck island and at a place having a sewage problem in Samdong-myeon, Namhae. High levels of organo tin compounds were found in the mice collected at Jiri Mt. a tourist resort. Considerably high levels of phenolic or organo tin compounds were detected in mice with shrunken reproductive organs accounting for 14∼42% of the mice examined in each area, which suggests that the abnormality of reproductive organs may be induced by the endocrine disruptors. This hypothesis is strongly supported by histological observations of shrunken reproductive organs, such as necrosis of testicular germ and epithelial cells. This was found not only in the mice with shrunken reproductive organs but also in the mice with enlarged reproductive organs, both had accumulated high levels of endocrine disruptors in general.

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Testing the pollution haven hypothesis on the pathway of sustainable development: Accounting the role of nuclear energy consumption

  • Danish, Danish;Ud-Din Khan, Salah;Ahmad, Ashfaq
    • Nuclear Engineering and Technology
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    • v.53 no.8
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    • pp.2746-2752
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    • 2021
  • The environmental effects of China's nuclear energy consumption in a dynamic framework of the pollution haven hypothesis are examined. This study uses a dynamic autoregressive distributed lag simulation approach. Empirical evidence confirms that the pollution haven hypothesis does not exist for China; i.e., foreign direct investment plays a promising role in influencing environmental outcomes. Furthermore, empirical results concluded positive contribution of nuclear energy in pollution mitigation. From the results it is expected that encouraging foreign investment to increase generation of nuclear energy would benefit environmental quality by reducing CO2 emissions.