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

M. J. Yeo; Y. P. Kim

doi:10.1016/j.jenvman.2012.03.022

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

M. J. Yeo
, Y. P. Kim

Department of Chemical Engineering & Materials Science

Research output: Contribution to journal › Article › peer-review

6 Scopus citations

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.

Original language	English
Pages (from-to)	138-143
Number of pages	6
Journal	Journal of Environmental Management
Volume	105
DOIs	https://doi.org/10.1016/j.jenvman.2012.03.022
State	Published - 30 Aug 2012

Bibliographical note

Funding Information:
This work was supported by a National Research Foundation of Korea (NRF) grant, funded by the Korean government (MEST) (No. 2010-0001898 ) and the Korea Meteorological Administration Research and Development Program under Grant RACS_2010-3006 .

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 11 Sustainable Cities and Communities

Keywords

Air quality management
Cap-and-Trade System
Green house gases
Integrated management
Seoul Metropolitan area

Access to Document

10.1016/j.jenvman.2012.03.022

Cite this

@article{de7ac94d453c45be80cd37d5a3689d20,

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

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.",

keywords = "Air quality management, Cap-and-Trade System, Green house gases, Integrated management, Seoul Metropolitan area",

author = "Yeo, \{M. J.\} and Kim, \{Y. P.\}",

note = "Funding Information: This work was supported by a National Research Foundation of Korea (NRF) grant, funded by the Korean government (MEST) (No. 2010-0001898 ) and the Korea Meteorological Administration Research and Development Program under Grant RACS\_2010-3006 . ",

year = "2012",

month = aug,

day = "30",

doi = "10.1016/j.jenvman.2012.03.022",

language = "English",

volume = "105",

pages = "138--143",

journal = "Journal of Environmental Management",

issn = "0301-4797",

publisher = "Academic Press",

}

TY - JOUR

T1 - Flexible operation of the Cap-and-Trade System for the air pollutants in the Seoul Metropolitan area

AU - Yeo, M. J.

AU - Kim, Y. P.

N1 - Funding Information: This work was supported by a National Research Foundation of Korea (NRF) grant, funded by the Korean government (MEST) (No. 2010-0001898 ) and the Korea Meteorological Administration Research and Development Program under Grant RACS_2010-3006 .

PY - 2012/8/30

Y1 - 2012/8/30

N2 - 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.

AB - 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.

KW - Air quality management

KW - Cap-and-Trade System

KW - Green house gases

KW - Integrated management

KW - Seoul Metropolitan area

UR - https://www.scopus.com/pages/publications/84860221585

U2 - 10.1016/j.jenvman.2012.03.022

DO - 10.1016/j.jenvman.2012.03.022

M3 - Article

C2 - 22542982

AN - SCOPUS:84860221585

SN - 0301-4797

VL - 105

SP - 138

EP - 143

JO - Journal of Environmental Management

JF - Journal of Environmental Management

ER -

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

Abstract

Bibliographical note

UN SDGs

Keywords

Access to Document

Fingerprint

Cite this