• Title/Summary/Keyword: carbon economic

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Cluster analysis of city-level carbon mitigation in South Korea

  • Zhuo Li
    • Journal of the Korea Society of Computer and Information
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    • v.28 no.7
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    • pp.189-198
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    • 2023
  • The phenomenon of climate change is deteriorating which increased heatwaves, typhoons and heavy snowfalls in recent years. Followed by the 25th United nations framework convention on climate change(COP25), the world countries have achieved a consensus on achieving carbon neutrality. City plays a crucial role in achieving carbon mitigation as well as economic development. Considering economic and environmental factors, we selected 63 cities in South Korea to analyze carbon emission situation by Elbow method and K-means clustering algorithm. The results reflected that cities in South Korea can be categorized into 6 clusters, which are technology-intensive cities, light-manufacturing intensive cities, central-innovation intensive cities, heavy-manufacturing intensive cities, service-intensive cities, rural and household-intensive cities. Specific suggestions are provided to improve city-level carbon mitigation development.

Economic Analysis and Comparison between Low-Power and High-Power SOEC Systems (저출력 및 고출력 SOEC 시스템의 경제성 분석 비교)

  • TUANANH BUI;YOUNG SANG KIM;DONG KEUN LEE;KOOK YOUNG AHN;YONGGYUN BAE;SANG MIN LEE
    • Transactions of the Korean hydrogen and new energy society
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    • v.33 no.6
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    • pp.707-714
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    • 2022
  • Hydrogen production using solid oxide electrolysis cells (SOEC) is a promising technology because of its efficiency, cleanness, and scalability. Especially, high-power SOEC system has received a lot of attention from researchers. This study compared and analyzed the low-power and high-power SOEC system in term of economic. By using revenue requirement method, levelized cost of hydrogen (LCOH) was calculated for comparison. In addition, the sensitivity analysis was performed to determine the dependence of hydrogen cost on input variables. The results indicated that high-power SOEC system is superior to a low-power SOEC system. In the capital cost, the stack cost is dominant in both systems, but the electricity cost is the most contributed factor to the hydrogen cost. If the high-power SOEC system combines with a nuclear power plant, the hydrogen cost can reach 3.65 $/kg when the electricity cost is 3.28 ¢/kWh and the stack cost is assumed to be 574 $/kW.

Impact Assessment of Vegetation Carbon Absorption and Economic Valuation Under Long-term Non-executed Urban Park Development (장기미집행공원 개발에 따른 도시 식생 탄소 흡수량에 미치는 영향 및 경제적 가치 평가)

  • Sung, Woong-Gi;Choi, Jae-Yeon;Yu, Jae-Jin;Kim, Dong-Woo;Son, Seung-Woo
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.21 no.10
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    • pp.361-371
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    • 2020
  • Since the implementation of the sunset law in 2020, concerns have been raised over the reckless development of long-term non-executed urban parks. In this study, the FSDAF method and CASA-NPP model were used to evaluate the annual average NPP of long-term non-executed urban parks in Seoul. Based on this, the carbon loss and economic value were assessed under five development scenarios. The total NPP value of long-term non-executed urban parks, except for the greenbelt area in Seoul, was 4,892.18 t C. In the first scenario, the NPP and cost were 4,892.18 t C of vegetation carbon and 1.18 billion won, 2,548.55 t C of vegetation carbon and 615 million won in the second scenario, 238.94 t C of vegetation carbon and 58 million won in the third scenario, 848.38 t C of vegetation carbon and 205 million won in the fourth scenario, and 1,596.00 t C of vegetation carbon and 385 million won in the fifth scenario. These results are meaningful for evaluating vegetation carbon and economic value loss according to five different development scenarios. The results of this study are expected to be useful for the preparation of measures to minimize the impact of the development of long-term non-executed urban parks.

Research on sustainable development of international trade in Shandong Province under the background of the fourth industrial revolution

  • ZHANG, Fan
    • Korean Journal of Artificial Intelligence
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    • v.8 no.2
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    • pp.17-22
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    • 2020
  • Purpose: After entering the 21st century, a new industrial revolution, i.e. industrial revolution 4.0, which is characterized by intelligence, automation and networking, has opened the curtain of the "industry 4.0" era. In recent years, "low-carbon economy" has been a development goal that has been paid close attention to and adhered to at home and abroad. As a major economic province, Shandong Province has not only brought about rapid economic growth, but also caused rapid environmental deterioration due to its high energy consumption, high dependence and high environmental pollution. In this environment, low-carbon economy has become an inevitable trend in the development of foreign trade in Shandong Province. Based on the current situation of foreign trade in Shandong Province and various existing problems, this paper explores the relationship between low-carbon economy and foreign trade in Shandong Province under this strategic background. Research design, data and methodology: By selecting the data from 2008 to 2017, using the carbon emission coefficient method to measure the CO2 emissions in the past decade, analyzing the impact of ecological factors on trade, selecting the most representative GDP and total imports for regression analysis, it is proved that they have a real impact on CO2 emissions. The total GDP is positively correlated with carbon emissions, while the total import is negatively correlated with carbon emissions. Results:This paper discusses the impact of low-carbon economy on foreign trade of Shandong Province from the perspective of foreign trade. Especially in today's "low-carbon economy" background. Conclusions:it is helpful for relevant departments to formulate relevant policies and promote the sustainable development of foreign trade in Shandong Province.

A review: methane capture by nanoporous carbon materials for automobiles

  • Choi, Pil-Seon;Jeong, Ji-Moon;Choi, Yong-Ki;Kim, Myung-Seok;Shin, Gi-Joo;Park, Soo-Jin
    • Carbon letters
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    • v.17 no.1
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    • pp.18-28
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    • 2016
  • Global warming is considered one of the great challenges of the twenty-first century. In order to reduce the ever-increasing amount of methane (CH4) released into the atmosphere, and thus its impact on global climate change, CH4 storage technologies are attracting significant research interest. CH4 storage processes are attracting technological interest, and methane is being applied as an alternative fuel for vehicles. CH4 storage involves many technologies, among which, adsorption processes such as processes using porous adsorbents are regarded as an important green and economic technology. It is very important to develop highly efficient adsorbents to realize techno-economic systems for CH4 adsorption and storage. In this review, we summarize the nanomaterials being used for CH4 adsorption, which are divided into non-carbonaceous (e.g., zeolites, metal-organic frameworks, and porous polymers) and carbonaceous materials (e.g., activated carbons, ordered porous carbons, and activated carbon fibers), with a focus on recent research.

Green-house GAS Reduction Through the Environmental Policy Mixes Both Environmental Trading and Carbon Taxes (온실가스 감축을 위한 배출권거래제와 탄소세의 정책혼합 효과 분석)

  • Lim, Jae-Ku;Kim, Jeong-In
    • Environmental and Resource Economics Review
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    • v.12 no.2
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    • pp.245-274
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    • 2003
  • This paper analyzes the economic and environmental impacts of domestic policy to reduce greenhouse gas emissions by focusing on carbon tax, domestic emissions trading and the mixture of these policies. By utilizing a dynamic CGE model, KORTEM, this study shows that the economic cost under carbon tax is projected to be higher than that under emission trading. It is because under carbon tax scheme each emitter in economy must meet its emission target regardless of the abatement cost. On the other hand, emission trading allows emitters to reduce the marginal cost of abatement through trading of emission permits. In designing policy portfolio to address the climate change problem in Korea, therefore, this paper proposes the introduction of domestic emission trading scheme as the main domestic policy Instrument.

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Economic analysis of development of low-carbon trawl gear (탄소저감형 트롤어구 개발의 경제성 분석)

  • Park, Seong-Wook;Lee, Kyoung-Hoon;Kang, Min-Ju;Park, Seong-Kwae
    • Journal of the Korean Society of Fisheries and Ocean Technology
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    • v.48 no.4
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    • pp.360-369
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    • 2012
  • The main purpose of this study is to analyse economic feasibility of low-carbon-oriented trawl gear. The results of benefit/cost analysis showed that use of the low-carbon fishing gear is economically feasible. Considering the fuel saving and relatively low $CO_2$ emission by reducing the resistance of gear, net present value by such gear improvement was estimated about 2,430~2,853 million won with the benefit-cost ratio 1.65~1.84 and the internal rate of return 29.18~30.48 percent. Development of low-carbon trawl gear would render significant contributions to reducing $CO_2$ emission in fishing operations and lead to reduce fishing costs due to fuel savings.

Sustaining Low-Carbon Emission Development: An Energy Efficient Transportation Plan for CPEC

  • Zubedi, Asma;Jianqiu, Zeng;Arain, Qasim Ali;Memon, Imran;Khan, Sehrish;Khan, Muhammad Saad;Zhang, Ying
    • Journal of Information Processing Systems
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    • v.14 no.2
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    • pp.322-345
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    • 2018
  • Climate change has become a major challenge for sustainable development of human society. This study is an attempt to analyze existing literature to identify economic indicators that hamper the process of global warming. This paper includes case studies based on various countries to examine the nexus for environment and its relationship with Foreign Direct Investment, transportation, economic growth and energy consumption. Furthermore, the observations are analyzed from the perspective of China-Pakistan Economic Corridor (CPEC) and probable impact on carbon emission of Pakistan. A major portion of CPEC investment is allocated for transportation. However, it is evident that transportation sector is substantial emitter of carbon dioxide (CO2) gas. Unfortunately, there is no empirical work on the subject of CPEC and carbon emission for vehicular transportation. This paper infers that empirical results from various other countries are ambiguous and inconclusive. Moreover, the evidence for the pollution haven hypothesis and the halo effect hypothesis is limited in general and inapplicable for CPEC in particular. The major contribution of this study is the proposal of an energy efficient transportation model for reducing CO2 emission. In the end, the paper suggests strategies to climate researchers and policymakers for adaptation and mitigation of greenhouse gases (GHG).

Analysis of Levelized Cost of Electricity for Type of Stationary Fuel Cells (발전용 연료전지 형식에 따른 균등화 발전비용 분석)

  • DONGKEUN LEE;TORRES PINEDA ISRAEL;YONGGYUN BAE;YOUNGSANG KIM;KOOKYOUNG AHN;SUNYOUP LEE
    • Transactions of the Korean hydrogen and new energy society
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    • v.33 no.6
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    • pp.643-659
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    • 2022
  • For the economic analysis of fuel cells, levelized cost of electricity was calculated according to the type, capacity, and annual production of the fuel cells. The cost of every component was calculated through the system component breakdown. The direct cost of the system included stack cost, component cost, assembly, test, and conditioning cost, and profit markup cost were added. The effect of capacity and annual production was analyzed by fuel cell type. Sensitivity analysis was performed according to stack life, capital cost, project period, and fuel cost. As a result, it was derived how much the economic efficiency of the fuel cell improves as the capacity increases and the annual production increases.

The path analysis of carbon emission reduction: A case study of the Silk Road Economic Belt

  • Kong, Yang;He, Weijun
    • Environmental Engineering Research
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    • v.25 no.1
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    • pp.71-79
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    • 2020
  • This paper uses super-efficiency DEA model and Malmquist index to evaluate the carbon emission efficiency (CEE) values of the nine western provinces along the "Silk Road Economic Belt" for the period from 2000 to 2015, and analyses the influencing factors of the CEE. The major findings of this study are the following: (1) the overall CEE of the nine western provinces is not high, and there are significant inter-provincial differences in the CEE. Meanwhile, the provinces with higher levels of economic development generally have higher CEE. (2) The annual total factor productivity (TFP) of the nine western provinces, which is mainly determined by technological change, is greater than 1. Moreover, the total average growth rate of the TFP is 15.5%. (3) The CEE of the nine western provinces is not spatially dependent. In addition, the urbanization, openness, use of energy-saving technologies and research and development (R&D) investment have a significant positive impact on the CEE values, while the industrial structure, foreign direct investment, fixed asset investment, government expenditure levels and energy structure have a significant negative impact on the CEE. Among them, R&D investment is the primary factor in promoting the development of CEE, and the government expenditure has the greatest negative impact on the CEE.