The process that a new energy policy introduces and merges into the formal social system is an important but difficult journey for the transition to the low carbon society. Meanwhile, the government was obliged to allocate carbon emission reduction, the companies are called obligatory participants through emissions trading scheme were building an internal greenhouse gas reduction system to reduce Risk and to respond this new system. However, the internal response and reduction system of the Waste Field are easy to exposure to the ETS Risk because the local government employee is unaware of the ETS. Thus, it is necessary to establish a framework for rational decision making institutions through analyzing the existing system of greenhouse gas energy target management system. This study was predicted for the first phase emissions trading allowances based on excess or deficiency received through the 2015 quota allocation applications and explained the process proceeded in greenhouse gas energy target management system by the Jeju Special Self-case analysis of the waste sector, predicted potentially losses cost during the first phase in the emissions trading credits that are traded on the KRX market price. Furthermore, throughout the sensitivity analysis of major waste process parameter suggested the internal system to reduce greenhouse gas emissions directly as well as external policies by the direct participation of citizens through the local recycling center expansion. After all, this study suggested the need for the construction of internal and external system corresponding to these systemic risk.

• 김덕영(고려대학교 그린스쿨 대학원) | Duk Young Kim Corresponding author