The Study On Carbon Emission Right Accounting Of Modern Enterprise In China

With the progress of the social economy and technology, mankind is increasing theinfluence to nature,environment pollution and resource scarcity has severely hampered thehuman survival and development, also affect the economic and social sustainabledevelopment. Enterprise is the main body of the discharge of pollutants, and thereforeassumed important responsibility in environmental protection, but environmental pollutionhas externalities, could lead to market failure, so that enterprises can’t be starting from theinterests of the community to fulfill their emission reduction obligations. In order toproperly solve this problem, many countries propose a highly innovative environmentaland economic management policies—the carbon emission rights. It can control theemission of pollutants on the basis of being controlled totally, can be used in flexible anddiversified ways, and can control environment pollution with high effect and good result.Carbon emission right fully realizes the effective combination of market mechanisms andallocation of environment resources. It is a kind of emission right, in the essence is also aright to use the resources and the environment. Through the carbon emission right trading,the enthusiasm of enterprises for environmental protection and energy saving has beenimproved, the total social cost of pollution control will also be minimized. What’s more,the country can achieve economic and environmental benefits to bring about thesustainable development of economy, environmental and society. Carbon emission right istraded on the basis of the market mechanism, has market prices, and thus has an impact oneconomic decision-making and operating efficiency, which lead to the accountingtreatment of the carbon emission right.Through the method of literature review and summary of the comprehensiveexposition of the study for the accounting treatment of the carbon emission right aroundhome and abroad, this study proposes a detailed description of the accounting of carbonemission right. The paper has eight parts. The first part describes researching backgroundand significance, summarizes the literature on the accounting of carbon emission rightaround domestic and foreign, and provides ideas for this study. The second part describesthe generation of carbon emission right, principle, the theoretical basis and practice in thedevelopment in China. The third to the six parts describe carbon emission accountingrecognition, measurement, recording, and the issue of disclosure. The seven part describesthe accounting of carbon emission right in China, problems and countermeasures. The lastpart of the study is a summary of the whole study.This paper hopes to contribute to carbon emission right accounting theory andpractice of carbon emission right in China.