Due to climate change, Global greenhouse gas reduction regulations are being implemented. This study aims to analyze the effect of the Post-Climate Change Agreement on national policy trends on new energy markets and to examine the direction of energy...
Due to climate change, Global greenhouse gas reduction regulations are being implemented. This study aims to analyze the effect of the Post-Climate Change Agreement on national policy trends on new energy markets and to examine the direction of energy policy. Although carbon emissions in some developed countries have been on the decline over the past decade, global emissions are on the rise. This means that even though major countries are promoting carbon emission-related policies, it has not led to results compared to efforts. At the 2021 Climate Summit, several countries announced an upgraded ‘NDC’. The goal of reducing carbon emissions in 2030 was announced and it was decided to be inspected every five years. The Korean government also declared a carbon neutral goal by 2050 through the New Deal comprehensive plan. Due to the transaction costs, large carbon emitting countries and companies are opposed to the ETS. This study suggests that diplomatic discussions by the international community, policy support by each government, and voluntary reduction efforts by companies should be carried out by comparing and checking the emission trading system in each country. In order to increase the sustainability of policies and promote corporate and private participation, it is necessary to prepare state support measures.