What is carbon accounting?

Carbon accounting is a general term for the process of defining and monitoring the carbon footprint of a society or nation, or a number of greenhouse gas emissions that are released into the atmosphere. There are four well-recognized carbon accounting methods of the intergovernmental panel for climate change (IPCC), the Directive on the renewable energy of the European Union, the net development method (CDM) and voluntary carbon accounting (VCS). Every approach is trying to deal with in a wide and detailed sense with complex issues of deforestation and afforestation for greenhouse gas accounting. One of the falls is that the IPCC accounting process reports emissions from biomass that have net zero contributions to greenhouse gas sums, as a change in the natural resources of the nation, including agriculture, forestry, etc. However, many biomass emissions are although what is called an informal economy. Also, several developing countries that rely mainly on forestry products for energy do not participate inThe Kyoto Protocol from 1997 aimed at limiting the global warming, on which IPCC carbon accounting procedures are based.

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European Union Directive attempts to take into account the energy consumption, including renewable sources, as well as new technologies that are more energy efficient and less polluting. Problems with the EU methodology around the lack of transparency in the rules and how they are interpreted by different bodies in the EU, which authorize compliance with the Kyoto protocol. The standards specified by IPCC are considered to be the relevant base for carbon accounting methods by EU, but have not been incorporated into the EU Directive in such a way as to provide bright management for industry.

Carbon accounting of pure development is focused only on afforestation and afforestation, the process of conversion of bare or previous agricultural land into the forest. It is entirely based on land use, with projections DAbout the future, and assumes that the sequencing of carbon forests is only short -term, temporary removal of emission gases, with a five -year time span, in which it is probably re -released into the atmosphere. Since CDM calculations include annual values ​​that are diameter during the five -year period, they are less accurate carbon accounting method every year.

Voluntary carbon standard approach is a type of catching method that is used for otherwise unsatisfactory and voluntary reduction of greenhouse gas emissions. It uses CDM calculations to average annual cycles. It is the only approach that does not strictly comply with the Standards set by the UN Framework Convention on Climate Change (UNFCCC).

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neither UNFCCC nor the Kyoto protocol does not describe how carbon trading would be done to follow emission standards. Carbon sequestration and carbon emissions between nations and industries were carbon accounting methods that included many gray areas in the process. UseReal time accounting in real time, where carbon emissions are calculated, for example, is the most accurate method for what is going on is the most accurate method for what is happening. The costs of such accurate and current calculations, where loans and debits must be constantly processed into the balance sheet, create inventory systems that are impractical and too expensive for maintenance. For this reason, the carbon accounting process tends to look only at a wide range of changes, such as whole forests and averages based on several years.