Building Carbon Accounting System

As global warming has become truth, low carbon economy is developping as a new economic model,which gives rise to carbon accounting,a new blanch of environment accounting.In order to satisfy with the necessity of carbon accounting,FASB and IASB are working jointly to make uniform carbon accounting standards.However, integrated and operational standards have not appeared so far. Accordingly, this paper intends to build carbon accounting system on the basis of previous carbon accounting research.Most researchers approve that carbon accounting consists of carbon emission accounting and carbon sequestration accounting,especially,carbon emission accounting has three major components:carbon trading accounting,carbon cost accounting and carbon tax accounting et,al.At present,most researchers from home and abroad are focusing on carbon trading accounting,the research on carbon cost accounting and carbon sequestration accounting is not enough.This paper majorly makes a research of carbon trading accounting ,carbon cost accounting and carbon sequestration accounting of carbon accounting.Studying of carbon trading accounting begins with the introduction of the accounting situation and problems of carbon trading,and then analyzes the reasons for why it is hard to make uniform carbon trading accounting standards.And the in the light of problems exist in the carbon trading accounting,setting up the account of"carbon rights"and two specific accounts:"For using"and"For selling",exploring reasonable measurement and disclosure method to account carbon trading.Additionally,this paper makes a research of the recognition and measurement of carbon cost.Last but not least, this paper attempts to supply respective methods for recognizing,measuring,and disclosing for different methods of carbon sequestration: biophysical sequestration,physical sequestration and chemical sequestration.