Carbon Accounting: Valuation, Challenges and Public Involvement
Journal Title: International Journal for Research in Applied Science and Engineering Technology (IJRASET) - Year 2016, Vol 4, Issue 6
Abstract
Increasing climate change is a matter of global concern and this is the right time that all the government and nongovernment organizations, firms, investment groups have to assess their GHG emissions through carbon accounting that reflects its carbon efficiency and exposure to risk. All the heavy emitters have to involve environment friendly techniques for carbon accounting at every step starting from processing to product supply chain. They have to assess the causes and factors responsible and apply new methodologies and approaches in calculating carbon numbers and preparing annual carbon budgets. The implementation of carbon legislation and GHG protocol standards, can act as a viable instrument in global carbon management. Moreover, public awareness and training related to GHG emission and reduction and creditability of carbon accounting can play a significant role in environmental carbon sustainability.
Authors and Affiliations
Sandeep Pandey, Rakhi Shukla, Shaifali Jain, Rashmi Patel
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