Contents

Impact of benchmarking allocation on compliance level of carbon emission reduction

evidence from phase 2 of the Carbon Emission Trading Scheme (STS) in South Korea

CHOI, Eunjin

  • 88 ITEM VIEW
  • 28 DOWNLOAD
Abstract

This study examines the impact of carbon permit allocation rules on compliance within the emission trading scheme (ETS), a critical mechanism for controlling greenhouse gas (GHG) emissions. Specifically, it investigates the effect of the benchmarking (BM) allocation method, which is an output-based allocation, on firm non-compliance compared to grandfathering (GF), which is based on historical emissions. This investigation is based on Korean firm-level emission data from 2015 to 2019. The results indicate that BM increased the likelihood of non-compliance, especially among small and medium-sized entities (SMEs) and public corporations, while large private firms were not affected. These findings emphasize the importance of providing support to SMEs and public corporations to ensure the effective implementation of the BM allocation rule and the reduction of carbon emissions.

Advisors
Yoon, Chungeun
Department
KDI School, Master of Public Policy
Issue Date
2023
Publisher
KDI School
Description
Thesis(Master) -- KDI School: Master of Public Policy, 2023
Keywords
Carbon dioxide mitigation--Korea (South); Emissions trading--Korea (South)
Pages
43 p
URI
https://archives.kdischool.ac.kr/handle/11125/51536
Type
Thesis
Files in This Item:

Click the button and follow the links to connect to the full text. (KDI CL members only)

qrcode

Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.

상단으로 이동