A study on development of framework for greenhouse gas reduction

Abstract

Global warming and climate change have come to the fore as a key sustainable development issue. Many governments are taking steps to reduce Green House Gas (GHG) emissions through national policies that include the introduction of emissions trading programs, voluntary programs, carbon or energy taxes, and regulations and standards on energy efficiency and emissions. Korea industry is expected to get severe impacts due to its dependence on large volume of energy consumption. Systematic framework is developed for GHG reduction of enterprise operation processes. The framework is expected to serve firms with several benefits such as, systematic analysis of GHG reduction potential with respect to their internal and external processes, as well as selection of effective investments regarding GHG reduction projects. Furthermore, the framework can be expanded to diverse areas with modest extra efforts.