• Title/Summary/Keyword: Social cost of carbon

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A Study on Comparative Analysis of Socio-economic Impact Assessment Methods on Climate Change and Necessity of Application for Water Management (기후변화의 사회경제적 영향평가 방법론 비교분석과 물관리 부문 적용 필요성에 관한연구)

  • Chee, Hee Mun;Park, Doo Ho
    • Journal of Korean Society of societal Security
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    • v.4 no.2
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    • pp.57-64
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    • 2011
  • Although it is uncertain that the cause of changed pattern of the natural disaster related to water (i.e. flood and drought) is due to excessive carbon dioxide yielded from economic activity or the increased number of sunspots, it is apparent that there have been unusual climate change that directly affects the water resource management. Due to such a frequent unusual weather activities, there have been increased natural disaster and the most direct and major reason is considered as climate change. As we see, the climate change necessarily causes social costs. Especially, the effects on the water resource due to flood and drought take the considerable part of such costs. Therefore, this study is basic work to develop a new economic analysis technique to be used in pursuing appropriate adaptation project in field of the amount of cost damage through analysis of the effects of the climate change on the water resource. The models appeared in many reports for cost assessment of climate change were various (e.g., PAGE, DICE, AIM, IMAGE, MERGE, and etc.) and this report summarizes general characteristics of each model. To assess the effects of climate change of the water management, we defined the field of the water management on climate change. The results help post-study in field of the climate change's social-economic effect assessment, can be employed for the prioritizing process of the national fund's investment.

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A Study on Determining Economical Speed of Diesel Freight Locomotive (화물열차의 경제속도 결정에 관한 연구)

  • Kim, Kwang-Tae;Kim, Young-Hoon
    • Journal of the Korean Society for Railway
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    • v.15 no.3
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    • pp.294-299
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    • 2012
  • Rail transport has been considered an environmental-friendly transport mode compared with other transport modes such as ship, truck, and aircraft. However, air pollutions emitted by diesel locomotives have emerged as social issues. In addition, the railway industry may not be able to avoid a duty of alleviating greenhouse gases emission owing to the Korean government policies for green growth which is an economic paradigm that simultaneously pursues growth and environmental improvement. Moreover, rising oil prices has burdened a train operating company. The purpose of this paper is to develop a methodology of determining an economical speed of diesel freight locomotive from the viewpoint of the train operating company. In the methodology, we first define an operational cost function based on various cost factors and then suggest formula to calculate an economical speed of diesel freight locomotive. To estimate the influence of cost factors such as diesel price, carbon taxes, and time costs on the speed of diesel freight locomotive, sensitivity analysis was conducted.

A study on Estimation of CO2 Abatement Cost in Korean Offshore Fishery (우리나라 근해어업의 CO2 배출 저감비용함수 추정)

  • Shin, Yongmin;Jeong, Gyeowoon
    • Environmental and Resource Economics Review
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    • v.27 no.3
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    • pp.399-420
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    • 2018
  • This study has attempted environmental economic analysis on the cost structure of offshore fisheries based on fishery management data published by the Fisheries Research Institute to examine the effect of the environmental policy on the fisheries for the effective implementation of the Paris Convention. Under the assumption that both fisheries and carbon dioxide are simultaneously produced, the cost structure of offshore fisheries were analyzed. Cost function in a translog form was estimated and SUR (Seemingly Unrelated Regression) model was used for the analysis. Here, $CO_2$ emission of offshore fishery was calculated by using National Federation of Fisheries Cooperatives' data on supply of tax exemption oil (2003~2016). The cost function estimation showed that there is a weak disposition between catches and $CO_2$ emissions during the sample period, and the marginal abatement cost (MAC) is estimated at 1,457 won per year. In addition, for the same period, when 1% of $CO_2$ per horsepower is to be reduced MAC increases by 2.2%, and when 1% of $CO_2$ per 1 ton of catch is to be reduced, MAC increases by 1.4%.

Evaluation and Direction of the New Town Development in Korea (우리나라 신도시 개발의 평가 및 발전방향)

  • Kim, Dong-Yoon
    • Journal of The Korean Digital Architecture Interior Association
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    • v.13 no.2
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    • pp.5-16
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    • 2013
  • With regard to the new town developments which have supplied lots of houses in a short period of time in Korea this study aims to evaluation and finding out problems of the developments finally to suggest the direction. A new town's competitiveness model set in the previous paper takes a role of research frame to recognize the problems and to show the direction. The model explains that new town's competitiveness is composed of 4 factors; Self-sufficiency, Innovativenss, Identity and Sustainability. Problems of the developments are as follows; incongruity of spatial structure especially in the capital region, deficiency of self-sufficiency resulted from single-use development, restriction on mixed development by a number of regulations in capital region, low business value, grand scale of land compensation, house oriented planning guidance, unfair share of infrastructure fee, and physical structure depending mainly on fossil energy. Based on this recognition this study conclusively suggests corresponding direction such as role performance as a means of urban growth management, promotion of quality of life by accumulating social capital, introduction of socially sustainable management program for the new towns, discovery and creation of town's value, reexamination of self-sufficiency's meaning or target, selective deregulation of metropolitan development, institutional strategy for cost reduction, changeover from house index to urban function oriented index, and pursuit of low-carbon green town.

Study on Economic Analysis of Offshore and Ground-mounted Solar Photovoltaics (해상과 지상 태양광 발전 경제성 비교에 관한 연구)

  • Kyu-Won Hwang;Moon Suk Lee;Chul-Yong Lee
    • New & Renewable Energy
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    • v.20 no.1
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    • pp.38-51
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    • 2024
  • The rapid expansion of industrialization and population growth worldwide has led to a significant surge in energy demand, perpetuating heavy reliance on finite fossil fuel reserves. Although prevailing policies primarily target ground-mounted solar photovoltaics, there is a noticeable increase in the adoption of floating solar power generation systems on water surfaces. Nonetheless, adequate studies and legislative reviews on offshore solar photovoltaics in Korea are lacking. The absence of well-defined criteria for the economic analysis of floating solar photovoltaics presents hurdles to their economic feasibility. This study conducted a comprehensive cost-benefit analysis of offshore photovoltaics to evaluate their economic viability and compared four types of solar photovoltaics based on the operating area and technology: ground-mounted, floating on inland water, pontoon-based offshore, and flexible system offshore. Perspectives from both central and local government entities, emphasizing social aspects, as well as inputs from private companies with a financial focus were considered. The findings revealed variations in economic viability depending on the operating area and technology employed. This study aims to contribute to the advancement of market maturity and technology within the realm of offshore solar photovoltaics.

Algorithm for Simulation Program to Revitalization Site-Recycling (건설폐기물 재활용 활성화를 위한 시뮬레이션 프로그램 알고리즘 개발)

  • An, Yang-Jin;Lee, Jae-Sung;Lee, Kyoung-Hee;Bae, Kee-Sun;Jung, Jong-Suk
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2008.11a
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    • pp.712-715
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    • 2008
  • The construction wastes rapidly increase because of redevelopment, the development of new urbanization of large-scale land development, the expansion of social infrastructure. As one of the ways to recycle construction waste to be recycled directly. This case, recycling of materials uses up most of recycled aggregate can be secured reliably. As a result, a decrease in the amount of materials brought in or taken out of the site, the cost of transportation, carbon dioxide emission, and traffic can be reduced. Economic, social and environmental effects can be expected. Therefore, this study of the construction waste "Site-Recycling" to enable the construction waste from the occurrence of "site-recycling" that can be processed in batches to apply the "Site-Recycling Simulation Program" is to develop the algorithms.

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Integrated Assessment for Social Impacts of National Energy and Electricity Generation Sources Using Radar Chart (방사형차트를 이용한 국가 에너지 및 전력 생산원의 사회적 영향 종합평가)

  • 김태운;김성호;문기환;하재주;김홍채;장순홍
    • Proceedings of the Korea Society for Energy Engineering kosee Conference
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    • 2004.05a
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    • pp.341-346
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    • 2004
  • In the present work, for various energy and electricity generating systems to be compared in view of integrated social impacts, nuclear, coal-fired, heavy oil-fired, and LNG, and hydroelectricity systems are considered as electricity generating options. The following assessment factors are selected: economic effect, health effect, environmental effect, and benefit at the national level. As a preliminary study, these factors are represented as power generation cost, estimated mortality, Carbon Dioxide gas emission, and fuel supply stability, respectively. For integrated representation of a multi-criteria decision-making (MCDM) problem, radar charts are introduced to facilitate a comparative recognition of estimates. In the near future, based on the estimates, a MCDM methodology for both qualitative and quantitative comparison will be developed.

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An historical analysis on the carbon lock-in of Korean electricity industry (한국 전력산업의 탄소고착에 대한 역사적 분석)

  • Chae, Yeoungjin;Roh, Keonki;Park, Jung-Gu
    • Journal of Energy Engineering
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    • v.23 no.2
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    • pp.125-148
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    • 2014
  • This paper performs a historical analysis on the various factors contributing to the current carbon lock-in of Korean electricity industry by using techo-institutional complex. The possibilities of the industry's carbon lock-out toward more sustainable development are also investigated. It turns out that market, firm, consumer, and government factors are all responsible for the development of the carbon lock-in of Korean power industry; the Korean government consistently favoring large power plants based on the economy of scale; below-cost electricity tariff; inflation policy to suppress increases in power price; rapid demand growth in summer and winter seasons; rigidities of electricity tariff; and expansion of gas-fired and imported coal-fired large power plants. On the other hand, except for nuclear power generation and smart grid, environment laws and new and renewable energy laws are the other remaining factors contributing to the carbon lock-out. Considering three key points that Korea is an export-oriented economy, the generation mix is the most critical factor to decide the amounts of carbon emission in the power industry, and the share of industry and commercial power consumption is over 85%, it is unlikely that Korea will achieve the carbon lock-out of power industry in the near future. Therefore, there are needs for more integrated approaches from market, firm, consumer, and government all together in order to achieve the carbon lock-out in the electricity industry. Firstly, from the market perspective, it is necessary to persue more active new and renewable energy penetration and to guarantee consumer choices by mitigating the incumbent's monopoly power as in the OECD countries. Secondly, from the firm perspective, the promotion of distributed energy system is urgent, which includes new and renewable resources and demand resources. Thirdly, from the consumer perspective, more green choices in the power tariff and customer awareness on the carbon lock-out are needed. Lastly, the government shall urgently improve power planning frameworks to include the various externalities that were not properly reflected in the past such as environmental and social conflict costs.

The Evaluation of Carbon Storage and Economic Value Assessment of Wetlands in the City of Seoul (서울시 습지지역의 탄소저장 및 경제적 가치 평가에 대한 연구)

  • Choi, Jiyoung;Oh Jongmin;Lee, Sangdon
    • Ecology and Resilient Infrastructure
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    • v.8 no.2
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    • pp.120-132
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    • 2021
  • The ecosystem and landscape conservation areas of Seoul were designated according to the Natural Environment Conservation Act and the Natural Environment Conservation Ordinance. With the adoption of the "Rapid Assessment of Wetland Ecosystem Service (RAWES)" approach and the "wetland ecosystem service" for the Ramsar Wetland City Accreditation at the 13th Meeting of the Conference of the Contracting Parties to the Ramsar Convention on Wetlands in 2018, the need for data evaluating wetland ecosystem services has become a necessity. Therefore, in this study, we selected five wetlands from the ecosystem and landscape conservation areas in Seoul, having high ecological conservation values, and evaluated their carbon sequestration and economic value assessment using the InVEST model, which is an ecosystem service evaluation technique. The evaluation results for carbon storage in each wetland are as follows: Tancheon Wetland: 3,674.62 Mg; Bamseom Island in the Hangang River: 1,511.57 Mg; Godeok-dong Wetland: 5,007.21 Mg; Amsa-dong Wetland: 7,108.47 Mg; and Yeouido Wetland: 290.27 Mg. Particularly, the Tancheon Wetland showed the lowest carbon sequestration of 1,130.37 Mg, as compared to the results acquired in 2013, of 4,804.99 Mg. When the average effective carbon rate of $16.06 (US) was applied to the decreased carbon sequestration value, a loss of $15,910.58(US) was calculated. Furthermore, if the average social cost of carbon ($204 (US)) is considered, which includes the impact of climate change on productivity and ecosystems, the total loss is equivalent to $202,101.97 (US). This study aims to examine the natural resource value of urban wetlands by evaluating selected major wetlands in Seoul. This study can be utilized as basic data to plan for the protection and management of the ecosystem and landscape conservation areas. Additionally, because wetland value assessment is considered essential, the results of this study can be used in future research to provide measures for evaluating ecosystem services in the Ramsar Wetland City Certification System. Moreover, this study can be utilized for selecting important wetlands as Ramsar sites, and to raise awareness about the significance of conserving urban wetlands, and for expanding international exchange among the Ramsar Wetland sites.

A Study on the Principal Factors of Rail Tunnel Cross-Section Design due to High Speed (고속화에 따른 철도터널의 단면규모 결정요소에 대한 고찰)

  • Ryu, Dong-Hun;Lee, Hyeon-Jeong;Han, Sang-Yeon;Shin, Hyon-Il;Jung, Byung-Ryul;Song, Chung-Ryul
    • Proceedings of the KSR Conference
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    • 2011.05a
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    • pp.1487-1501
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    • 2011
  • Recently, fast-growing up railway transportations. Because, regional traffic congestion problem solving and a period of rapid expansion to meet the demand of industries. In addition the government also suggest to new paradigm for the future 'Low Carbon, Green Growth' is presented as a new national vision. To meet the social needs and the time demands, Last of the railway increase very long tunnels and huge deep tunnels. Especially this trend accelerated high speed up in the tunnel, the revision of design criteria and research challenges are being actively improved. Mainly in the tunnel cross-section was under the control of the vehicle train speed 150km/hr by the construction of the vehicle cross-section of the tunnel. More than 200km/hr rail tunnel depending on the vehicle's speed caused the tunnel to the pressure fluctuations will be governed by the aerodynamic changes. Considering the economy to ensure the optimum cross-section of the railway tunnel to the description scheme is selected cross-section of the railway tunnel to determine the size domestic or international railway tunnel for the elements((based on fast Algorithm design criteria, the center line spacing, streetcar line, cross-sectional shape, sectoral issues, such as interface and aerodynamics) based on design practices and to review results. In this study, to propose guidelines depending on the size of a railway tunnel cross section for the size of the determining reasonable factors when designing the railway tunnel and cost-effective standards guidelines.

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