Carbon emission right in ‘trouble’ due to anti nuclear variable
[ Kwon Dae Gyung kwon213@ ] | 2017-12-20 11:33:51
The roadmap for carbon emissions, which must be consistently pursued over the medium to long term, is shaking as the Korean government`s energy policy has come to the test.
The Korean government had to first determine the amount of greenhouse gas emissions by 2020 until June of this year, but released the total amount of greenhouse gas emission until mid - December when it was six months` It is not possible to determine the total amount of greenhouse gas emissions for three years as planned, and only the amount of emission for next year is determined, so uncertainty of carbon emission policy is expected to continue next year.
The government, on Tuesday, stated that it has approved a total of 534.64 million tons of greenhouse gas permits for 591 companies next year as a result of deliberations on a plan to allocate national emission allowances from 2018 to 2020.
This is 85.18% of the estimated amount submitted by the participating companies based on the emission results over the past three years. Initially, the Korean government had to determine the greenhouse gas allowance from next year to 2020, but the energy policy variables such as the pre-discharge policy are too many, so the total of the remaining two years is the sum of the fine dust measures, the eighth power supply basic plan, It is the position that it will calculate it if the third energy basic plan is confirmed.
The problem is that the current law requires a total amount of emissions to be allowed six months before the start of next year, but not until the end of the year. This is due to sudden changes in the regime, which has led to changes in the energy policy, including the nuclear power plant. However, for the company, the footsteps are now on fire without a preparation period to reduce the total amount of carbon emissions.
It is inevitable to revise the business plan next year as a participating company. Besides, it is difficult to determine the future schedule for the total amount, and it will be a burden for companies to set carbon emission policies according to the government`s medium- to long-term roadmap.
Meanwhile, the government is planning to trim the total amount of carbon emissions by combining all of the basic energy plans such as fine dust measures, power supply and demand, and nuclear power plants. Currently, the energy policy trend is shaky and it is not easy to estimate the degree of emission allocation. A government official said, "It is difficult to determine the total amount and the total amount for each type of industry if the direction of power and energy policy is determined by the proportion of power generation companies."
Meanwhile, the government delayed the allocation of the royalty allocation system and the benchmark allocation system to 2019 from next year. However, the government has decided to allocate 3% of the total allowable amount of emission allowance by setting the industry to be subject to the allocation of interest from next year to 2020. It is a system that allocates 3% of the quota by 2020 for each enterprise by designating the industry to be allocated for the consideration in consideration of the degree of trade intensity and production cost.
The benchmark allocation method is based on the facility efficiency of the industry, unlike the existing method of setting the quota on the basis of past emissions of individual companies. This is advantageous for companies with high energy efficiency.
By Kwon Dae Gyung kwon213@
[ copyright ⓒ The Digitaltimes ]
The Korean government had to first determine the amount of greenhouse gas emissions by 2020 until June of this year, but released the total amount of greenhouse gas emission until mid - December when it was six months` It is not possible to determine the total amount of greenhouse gas emissions for three years as planned, and only the amount of emission for next year is determined, so uncertainty of carbon emission policy is expected to continue next year.
The government, on Tuesday, stated that it has approved a total of 534.64 million tons of greenhouse gas permits for 591 companies next year as a result of deliberations on a plan to allocate national emission allowances from 2018 to 2020.
This is 85.18% of the estimated amount submitted by the participating companies based on the emission results over the past three years. Initially, the Korean government had to determine the greenhouse gas allowance from next year to 2020, but the energy policy variables such as the pre-discharge policy are too many, so the total of the remaining two years is the sum of the fine dust measures, the eighth power supply basic plan, It is the position that it will calculate it if the third energy basic plan is confirmed.
The problem is that the current law requires a total amount of emissions to be allowed six months before the start of next year, but not until the end of the year. This is due to sudden changes in the regime, which has led to changes in the energy policy, including the nuclear power plant. However, for the company, the footsteps are now on fire without a preparation period to reduce the total amount of carbon emissions.
It is inevitable to revise the business plan next year as a participating company. Besides, it is difficult to determine the future schedule for the total amount, and it will be a burden for companies to set carbon emission policies according to the government`s medium- to long-term roadmap.
Meanwhile, the government is planning to trim the total amount of carbon emissions by combining all of the basic energy plans such as fine dust measures, power supply and demand, and nuclear power plants. Currently, the energy policy trend is shaky and it is not easy to estimate the degree of emission allocation. A government official said, "It is difficult to determine the total amount and the total amount for each type of industry if the direction of power and energy policy is determined by the proportion of power generation companies."
Meanwhile, the government delayed the allocation of the royalty allocation system and the benchmark allocation system to 2019 from next year. However, the government has decided to allocate 3% of the total allowable amount of emission allowance by setting the industry to be subject to the allocation of interest from next year to 2020. It is a system that allocates 3% of the quota by 2020 for each enterprise by designating the industry to be allocated for the consideration in consideration of the degree of trade intensity and production cost.
The benchmark allocation method is based on the facility efficiency of the industry, unlike the existing method of setting the quota on the basis of past emissions of individual companies. This is advantageous for companies with high energy efficiency.
By Kwon Dae Gyung kwon213@