Journal of the Korean Society of Mineral and Energy Resources Engineers ISSN:2288-0291(Print) 2288-2790(Online) 한국자원공학회지

Since the UNFCCC(UN Framework Convention on Climate Change) was adopted in 1992 to achieve stabilization of greenhouse gas concentrations in the atmosphere, the developed countries have proposed to reduce their emissions below 1990 levels in the future. In case of Korea, rapid economic growth has been accompanied by a sharp increase in energy consumption, making it the 10th largest energy consumer as of 1995. As a consequence, carbon dioxide emission has been increased dramatically by 9.1% per year which is much higher than those of OECD countries, 0.7% per year during 1991-1995. In this context, this paper quantifies energy use and carbon emissions for industrial sector and calculates induced carbon emission coefficients using Input-Output Analysis. This paper also shows how energy intensity, carbon intensity, economic growth, domestic final demand, export, import of final and intermediate goods, and production technology have been shaped carbon emissions using Structural Decomposition Analysis. Final demand is found to be the main reason for energy demand increase during 1990-1995 period. We suggest setting a qualitative target and use various carbon mitigation options to achieve desired CO2 emission change.