Incheon City's 'Energy Saving' Carbon Point System... Equivalent to Planting 120,000 Pine Trees
Incentive Support for Energy Savings in Electricity and Water Supply
Reduced Total Greenhouse Gas Emissions by 15,000 tCO2 Last Year
[Asia Economy Reporter Park Hyesook] Incheon City achieved the effect of planting 120,000 pine trees last year through the operation of the 'Carbon Point System,' an energy-saving project in daily life.
The Carbon Point System is a program that provides incentives when energy usage in electricity, water supply, and city gas is reduced by more than 5% compared to the average of the past two years. Households and commercial establishments can participate individually, while apartment complexes with more than 150 households can join as a complex participant.
According to the city on the 17th, the greenhouse gases reduced last year by 105,572 households and 354 apartment complexes participating in the Carbon Point System amounted to 15,767 tCO2 (tons of CO2 equivalent), which is similar to the effect of planting 120,000 pine trees.
The city paid incentives totaling 480 million KRW to 53,272 households based on the amount of energy reduction, and cash incentives of 8.6 million KRW were given to 11 apartment complexes.
Apartment complex incentives range from a minimum of 100,000 KRW to a maximum of 6 million KRW (based on one category). Cheongrau Mirin Apartment in Seo-gu received the highest incentive of 2.4 million KRW and was selected as an excellent apartment for energy-saving practice.
Additionally, Dambang Village Apartment in Namdong-gu achieved greenhouse gas reduction results for three consecutive years from 2019 to last year and received a total incentive of 4.8 million KRW.
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The city plans to increase Carbon Point System subscribers from about 105,000 households last year to about 110,000 households, which is 9.5% of all households this year, and expand apartments to 390 complexes to maximize the effect of greenhouse gas reduction.
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