scholarly journals The Korea Certified Emission Reduction and The Market Response

2012 ◽  
Vol 9 (2) ◽  
pp. 1-26
Author(s):  
Jongcook Byun ◽  
Hi Won Lee
2015 ◽  
Vol 2015 ◽  
pp. 1-9
Author(s):  
Donghai Yuan ◽  
Lipeng Zheng ◽  
Yuan Cao ◽  
Xufeng Mao ◽  
Xueju Huang ◽  
...  

Aiming at the system and market problem of clean development mechanism (CDM), this study is carried out to establish the feasibility of certified emission reduction (CER) quantitative evaluation method and reserve mechanism in host country at the United Nations Framework Convention on Climate Change (UNFCCC) level. After the introduction of CER quantitative and sustainable mechanism, the amount of CER that can enter the market was cut to a quarter, which reduces about 75% of the expected CER supply. Market CER from the technology types of higher CER market share and lower support for sustainable development appears to have different degrees of reduction. As for the technology types of lower CER market share and higher support for sustainable development, the amount of market CER is maintained in line with prevailing scenario, and market CER supply becomes more balanced.


2018 ◽  
Vol 12 (3) ◽  
pp. 386-407 ◽  
Author(s):  
Omid Sabbaghi ◽  
Jing Li ◽  
Navid Sabbaghi

Purpose This study aims to investigate the cross-sectional and time-series dynamics of realized Certified Emission Reduction (CER) credits issued and the role of investments for a seminal sample of China’s Clean Development Mechanism (CDM) projects specializing in the wind sector. Design/methodology/approach The study investigates the dynamics of realized CER credits issued and the role of investments using traditional cross-sectional and time-series regression analysis. Findings The study results find that the level of investment per megawatt (MW) of power generation is an important predictor for the expected number of realized CER credits issued in the cross-section of China’s wind CDM projects. Additionally, the study finds evidence of time trends and seasonality when examining the time series of realized monthly CER credits: CER credits issued are lower in the summer and higher in the winter. Originality/value The study results highlight the importance of financing CDM projects and suggest guidelines in which investors are able to better assess how much to invest based on the anticipated CER credits in the Project Design Document. Additionally, the results suggest opportunities for the CDM Executive Board surrounding the Project Design Document and the anticipated CER credits contained therein. The present study contributes to the literature on strategic tools for addressing climate change and offer insights that narrow the gap between empirical finance and sustainable business practice in the context of CDM projects.


2013 ◽  
Vol 69 (6) ◽  
pp. 1129-1135 ◽  
Author(s):  
H.-t. Liu ◽  
H.-x. Zheng ◽  
T.-b. Chen ◽  
G.-d. Zheng ◽  
D. Gao

Sewage sludge is an important contributor to greenhouse gas (GHG) emissions and the carbon budget of organic solid waste treatment and disposal. In this case study, total GHG emissions from an auto-control sludge compost system, including direct and indirect emissions and replaceable reduction due to sludge compost being reused as fertilizer, were quantified. The results indicated that no methane generation needed to be considered in the carbon debit because of the advantages of auto-control for monitoring and maintenance of appropriate conditions during the composting process. Indirect emissions were mainly from electricity and fossil fuel consumption, including sludge transportation and mechanical equipment use. Overall, the total carbon replaceable emission reduction owing to sludge being treated by composting rather than landfill, and reuse of its compost as fertilizer instead of chemical fertilizer, were calculated to be 0.6204 tCO2e t−1 relative to baseline. Auto-control compost can facilitate obtaining certified emission reduction warrants, which are essential to accessing financial support with the authentication by the Clean Development Mechanism.


2018 ◽  
Vol 5 (2) ◽  
Author(s):  
Irhan Febijanto

At this time global warming became an environmental issue that most often discussed. At the same time, as a trigger of green house gasses business, the issue of carbon trading business became an interesting discussion, because it has an impact to improve the feasibility of the project. This paper discussed the causes of global warming, the mechanism of global warming and the efforts to reduce green house gasses using Clean Development Mechanism. In addition, carbon price fl uctuation and the procedures of carbon trading are described also. Finally, potentialClean Development Mechanism projects in energy sector and implemented Clean Development Mechanism projects in Indonesia are discussed.Key Words : Global warming, Clean Development Mechanism (CDM), CDM project, Certified Emission Reduction (CER), Carbon Trading


2019 ◽  
Vol 2019 ◽  
pp. 1-12 ◽  
Author(s):  
Baiyun Yuan ◽  
Bingmei Gu ◽  
Chunming Xu

Under low carbon environment, a multi-period emissions reduction problem for manufacturer is investigated in the paper, where we assume that the government sets mandatory carbon emissions limit to all the enterprises by free of charge and allows the carbon emission quota to be traded or banked inter-temporally in the carbon trading market. Using discrete-time optimal control theory, the optimal emission reduction strategies for each period are firstly explored for maximizing the sum of net profit under cap-and-trade. The optimal carbon emissions, permit trading quantity, and the number of buying Certified Emission Reduction (CER) are obtained in each period. Furthermore, the effects of carbon price and initial carbon quota given by the government on the firm’s emission reduction strategies are discussed. Finally, numerical examples are illustrated to verify the proposed model, and some managerial inferences for a multi-period emission reduction are provided in conclusions.


Sign in / Sign up

Export Citation Format

Share Document