Beyond Strict Regulations to Achieve Environmental and Economic Health—An Optimal PM2.5 Mitigation Policy for Korea
| Autor: | Yongsuk Hong, Eun-Jin Kang, Kyungwon Park, Yoon Lee, Changsub Shim, Taeyeon Yoon |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2020 |
| Předmět: |
Computable general equilibrium
Fossil Fuels 010504 meteorology & atmospheric sciences Natural resource economics Health Toxicology and Mutagenesis Legislation as Topic Air pollution lcsh:Medicine Thermal power station 010501 environmental sciences medicine.disease_cause 01 natural sciences Article Gross domestic product Air Pollution Republic of Korea medicine Humans air pollutants regional computable general equilibrium model Air quality index 0105 earth and related environmental sciences Government thermal power generation business.industry lcsh:R Fossil fuel Public Health Environmental and Occupational Health Particulates auxiliary benefit particulate matter (PM2.5) particulate matter (PM2.5.) Particulate Matter Business Environmental Monitoring Power Plants |
| Zdroj: | International Journal of Environmental Research and Public Health Volume 17 Issue 16 International Journal of Environmental Research and Public Health, Vol 17, Iss 5725, p 5725 (2020) |
| ISSN: | 1660-4601 |
| DOI: | 10.3390/ijerph17165725 |
| Popis: | Growing concern about particulate matter (PM2.5) pressures Korea to reduce the health risks associated with its high dependency on fossil fuels. The Korean economy relies heavily on large thermal power plants&mdash a major source of PM2.5 emissions. Although air quality regulations can negatively impact local economies, the Korean government announced two strict air quality mitigation policies in 2019. We develop a regional static computable general equilibrium model to simulate the economic and environmental impacts of these polices under alternative hypothetical scenarios. We separate two regions, Chungcheongnam-do, the most polluted region, and the rest of the country, in our model. As policy options, we introduce a regional development tax and a tradable market for PM emission permits, similar to an air pollution tax and a carbon permits market, respectively. The results show that allowing higher tax rates and a tradable permits market gives the optimal combination, with the PM2.5 emissions reduced by 2.35% without sacrificing economic growth. Since alternative options present, for example, a 0.04% loss of gross domestic product to reduce PM emissions by the same amount, our results here may present a new policy paradigm for managing air pollutants such as PM2.5. |
| Databáze: | OpenAIRE |
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