• Journal of Environmental Policy
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• v.6 no.4
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• pp.83-101
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• 2007

We try to analyze the relationship between environmental and financial performance in the Korean manufacturing sector. The lack of reliable information on company-level environmental performance in Korea has inhibited research on this subject. This paper utilizes an objective data set called 'Monthly Environmental Violations Report,' published by the Korean Ministry of Environment, among others, in measuring the environmental performance of the listed companies. The result shows that low polluters tend to perform better financially than high polluters. In addition, the correlation between positive environmental performance and financial performance turns out to be statistically more significant than negative environmental and financial performance.

• Environmental and Resource Economics Review
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• v.33 no.2
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• pp.179-201
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• 2024

In introducing emissions trading schemes, many countries start with a high level of free allocation to reduce the sudden cost burden on companies and increase acceptance of the policy. The free allocation is then gradually reduced, considering the risks of carbon leakage. This aligns with the "polluter pays" principle and is often considered one of the elements of an advanced emissions trading scheme. In this context, this study uses a simple emissions trading market model to show that decreasing the free allocation rate may not be desirable if the emissions market is not perfectly competitive. In particular, by identifying the existence of a free allocation rate at which the cost inefficiency is minimized, this study demonstrates that having a low level of free allocation does not necessarily imply the improvement of the emissions trading scheme.

• Applied Chemistry for Engineering
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• v.25 no.1
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• pp.27-33
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• 2014

The significance of soil environment is gradually increased due to the soil and underwater contamination caused by petroleum leak accidents. It requires a high cost and long period for the purification of soil compared with other environmental matrix such as water and air. For this reason, it has been embroiled in a legal conflict to find the pollution source and charge of cleanup. In this study, we analyzed the physical properties and typical additives of jet fuel to search a method that can distinguish kerosene and jet fuel contamination. In particular, the chemical marker in kerosene was visualized by the developer and the additives in jet fuel, such as antioxidant and metal deactivator were detected by GC-MS. This study could be used to judge petroleum source at soil contaminant accident sites.