KETEP 세계에너지시장정보

1. Introduction ......................... 1

2.Derivation of the Emissions Impacts of Supply-side Interventions ......................... 5
 2.1. Substitution to Other Forms of Energy ......................... 9
 2.2. When Could Leakage Be Zero? The Case of Hotelling Dynamics ......................... 10

3.Estimating Market Leakage ......................... 11
 3.1. General Principles for Estimating Leakage Parameters ......................... 11
 3.2. Estimates of Demand Elasticities ......................... 15
 3.3. Estimates of Supply Elasticities ......................... 17

4.Estimates of Emissions Intensities ......................... 18

5.Quantitative Application ......................... 22

6.Conclusion ......................... 30

7.References ......................... 31

Appendix ......................... 35
 A.1. Sensitivity Approach to Emissions Intensity Calculation ......................... 35
 A.2. Detailed Results under a 20-Year GWP ......................... 38
 A.3. The Effect of Dynamics ......................... 40