Carbon Accounting Research In Power Industry

With the rapid development of the economy,a series of environmental problems have also been brought about.Among the environmental problems that occupy the first place in global environmental issues are climate issues,especially global warming.The main cause of global warming is the excessive emission of greenhouse gases,which is caused by the greenhouse effect caused by excessive carbon emissions.People pay more and more attention to the environmental issues brought about by global warming.Countries and international organizations all over the world have also formed a consensus that they must reduce carbon emissions and take a sustainable development path.As the second largest economy in the world,China has become the world’s largest carbon emitter.The carbon trading market has also continued to develop.At the end of October 2011,China launched carbon emissions trading trials in seven provinces and cities,and in December 2017,the national carbon trading market with the power industry as a breakthrough was officially launched.With the advent of carbon trading market,the traditional accounting system can no longer meet the calculation of carbon trading,so the global climate issue will not only become an economic problem,but also become a new accounting problem.Carbon accounting is a branch of environmental accounting that opens up a new area of accounting research.Due to the relatively late start of research in this area in China,and its relatively special and complex nature,many related issues have yet to be studied.Therefore,China has not yet promulgated formal laws or regulations related to it and has not formed a unified carbon accounting system.The accounting system makes China’s current accounting of carbon transactions more confusing and reflects the lack of comparability of relevant corporate carbon accounting information.The power industry as the basic pillar industry of China’s national economy,followed by China’s power industry,the annual carbon dioxide emissions occupy the first place in all industries,accounting for about 70% of total emissions;In addition the power industry is also a key control industry,the number of its control companies occupy The larger proportion of all company-controlled companies.Therefore,the power industry as a research object has certain representativeness and typicality.This article first summarizes domestic and international existing academic research results,and then analyzes the current status and existing problems of carbon accounting in China’s power industry.Based on this,it proposes accounting recommendations for carbon accounting,measurement,accounting and information disclosure.Taking G Power Company as an example,it analyzes the problems and causes of its carbon accounting,and then combines relevant theories,and refers to domestic and foreign approaches to put forward corresponding countermeasures and suggestions.It is expected to pass this article on carbon company accounting issues.The analysis and research can play an important role in the development of carbon accounting in other enterprises in China,and at the same time provide some reference for the construction of China’s carbon accounting standards system.