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Flexible operation of the Cap-and-Trade System for the air pollutants in the Seoul Metropolitan area

Title
Flexible operation of the Cap-and-Trade System for the air pollutants in the Seoul Metropolitan area
Authors
Yeo M.J.Kim Y.P.
Ewha Authors
김용표
SCOPUS Author ID
김용표scopus
Issue Date
2012
Journal Title
Journal of Environmental Management
ISSN
0301-4797JCR Link
Citation
vol. 105, pp. 138 - 143
Indexed
SCI; SCIE; SCOPUS WOS scopus
Abstract
To improve the air quality in the Seoul Metropolitan area (SMA), the Korean government has implemented special measures in the 1990s. As part of these measures, the Cap-and-Trade System (CATS) was introduced and executed in July 1, 2007 for the oxides of nitrogen (NOx) and sulfur (SOx) to provide added flexibility for large sources to meet the required emission reductions. However, the trade via the SMA CATS for the air pollutants has not been active because of the limited buyers and sellers within the system as well as limited tradable species. For more flexible operation of the SMA CATS, following strategies have been suggested and their merits are discussed; (1) to link the SMA CATS with the Korea Voluntary Emission Reduction (KVER) program which is a program to manage greenhouse gases (GHGs), and (2) to extend the system, such as extension of the tradable species, participants, and introducing a project-based certification mechanism for pollutants reduction. © 2012 Elsevier Ltd.
DOI
10.1016/j.jenvman.2012.03.022
Appears in Collections:
엘텍공과대학 > 화학신소재공학전공 > Journal papers
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