초록

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Abstract ▼ AI-Helper

In addition to the energy-oriented policies which many developed countries have implemented so far, Korea"s green growth policy is a comprehensive and inclusive national development strategy that encompasses both environment and growth, aiming at the sustainable growth through the improved quality o...

In addition to the energy-oriented policies which many developed countries have implemented so far, Korea"s green growth policy is a comprehensive and inclusive national development strategy that encompasses both environment and growth, aiming at the sustainable growth through the improved quality of life. In this regard, this study examines the contents of a green growth policy and predicts the development prospects of global green industry. Moreover, in the light of the global market outlook, this study presented several proposals for the success of green growth policy. According to the main proposal, first, a social consensus among economic agents should be formed since pain induced by a green growth policy is equally shared. To do this, a consultative group should be formed among main economic agents so that they can discuss the issues and suggest policy proposals. Second, private industry itself has no incentive to enter the green industry because the electricity generation cost in the renewable energy sector is higher than the cost of fossil fuel. Therefore, the coordination is needed between government policies that a government directly supports such cost differences or that the market solves the problems by itself. Third, an appropriate reconciliation between the government and market mechanisms is needed. Keeping a balance between a carbon tax and emissions trading or FIT (Feed-In Tariff) and RPS(Renewable Portfolio Standard) is very significant policy decision for the success of green growth polity.

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