The Resource Achieving the "Low Carbon, Green Growth" Vision in Korea, Randall Jones and Byungseo Yoo, (electronic resource)

Achieving the "Low Carbon, Green Growth" Vision in Korea, Randall Jones and Byungseo Yoo, (electronic resource)

Label
Achieving the "Low Carbon, Green Growth" Vision in Korea
Title
Achieving the "Low Carbon, Green Growth" Vision in Korea
Statement of responsibility
Randall Jones and Byungseo Yoo
Creator
Contributor
Subject
Language
eng
Summary
Korea, which has had the highest growth rate of greenhouse gas emissions in the OECD area since 1990, adopted an ambitious Green Growth Strategy in 2009. It aims at reducing emissions by 30% by 2020 relative to a "business as usual" scenario, implying a 4% cut from the 2005 level. The Strategy also includes a Five-Year Plan with public spending of 2% of GDP per year to promote green growth. Korea is planning to establish a carbon price through a cap-and-trade emissions trading scheme. Such an approach, combined with a carbon tax in sectors not covered by the scheme, is necessary to reduce emissions in a cost-effective manner and foster innovation in green technology. In addition, each sector should face the same electricity price based on production costs to promote efficient energy use. Given market failures, the government has a role to play in green R&D, particularly for basic research, in fostering green finance and in developing renewable energy resources
Member of
Cataloging source
FR-PaOEC
http://library.link/vocab/creatorName
Jones, Randall
Government publication
international or intergovernmental publication
Index
no index present
Literary form
non fiction
Nature of contents
dictionaries
http://library.link/vocab/relatedWorkOrContributorName
Yoo, Byungseo
Series statement
OECD Economics Department Working Papers,
Series volume
no.964
http://library.link/vocab/subjectName
  • Economics
  • Ecology
  • Euthenics
  • Nature and nurture
  • Adaptation (Biology)
  • Korea, Republic of
Label
Achieving the "Low Carbon, Green Growth" Vision in Korea, Randall Jones and Byungseo Yoo, (electronic resource)
Instantiates
Publication
Antecedent source
not applicable
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
800721021
Dimensions
21 x 30 cm
Extent
1 online resource 34 pages
File format
one file format
Form of item
online
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.1787/5k97gkdc52jl-en
Specific material designation
remote
System control number
(OCoLC)800721021
Label
Achieving the "Low Carbon, Green Growth" Vision in Korea, Randall Jones and Byungseo Yoo, (electronic resource)
Publication
Antecedent source
not applicable
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
800721021
Dimensions
21 x 30 cm
Extent
1 online resource 34 pages
File format
one file format
Form of item
online
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.1787/5k97gkdc52jl-en
Specific material designation
remote
System control number
(OCoLC)800721021

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