Emission Trading System as Market-based Regulatory Alternative (시장기반 규제대안의 도입 활성화에 관한 연구: EU, 미국, 한국의 탄소배출권 거래제 비교를 중심으로)

김신; Choi jin sik (최진식)

Emission Trading System as Market-based Regulatory Alternative

Korean Society and Public Administration
Abbr : KSPA
2016, 26(4), pp.165-194
Publisher : Seoul Association For Public Administration
Research Area : Social Science > Public Administration

김신 ¹, Choi jin sik ²

¹한국행정연구원
²국민대학교

Accredited

ABSTRACT

The purpose of this study is to address the determinants of applying market-based regulation as a regulatory alternative in the field of social regulation. This study compares the emission trading systems of the EU, US and Korea in terms of effectiveness, efficiency, equity and fairness. The results of the analysis are as follows. First, to enhance the effectiveness of market-based regulations, the purpose and monitoring processes should be stipulated in law, rather than public announcements. Second, the efficiency of market-based regulation can be improved by selecting the optimum level for national caps and by adopting multi-year compliance periods and auctions. Third, the equity and fairness of market-based regulation can be addressed by sharing information associated with emission trading on the basis of government 3.0.

KEYWORDS

Regulatory alternatives, Market-based regulation, Emission trading system, Carbon tax

Citation status

* References for papers published after 2023 are currently being built.

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