The Research On Accounting Recognition And Measurement Of Chinese Carbon Emissions Rights

In recent years,with the economic development,the global temperature is gradually rising,sea level rise,triggering a series of social,political,geographical and other issues,by the people of the world's attention.The culprit leading to this problem is the CO2-based greenhouse gas.Now the international community began to realize that to prevent global warming,to achieve low-carbon economic development is an important way to take the road of sustainable development.To this end,countries sent representatives to formulate the "United Nations Framework Convention on Climate Change" and "Kyoto Protocol".For the first time,it set out the timetable and target for the country to reduce greenhouse gas emissions,which is the first international bill on climate change.After this,the EU countries,the United States,Japan and other countries have begun to actively promote carbon emissions trading.This paper first describes the status quo of carbon emissions trading accounting research at home and abroad,related concepts and economic theory,followed by analysis of carbon emissions trading transactions accounting and measurement related issues.Finally,the author summarizes the research contents of the whole paper,and puts forward some suggestions on the drafting of the Interim Provisions on Accounting Treatment of Carbon Emissions Trading in China(Draft for Soliciting Opinions).Internationally,on how to confirm the carbon emission rights,mainly inventory view,intangible assets,financial instruments,new assets;in terms of measurement,there are two major historical costs and fair value.This paper argues that emission rights do not represent the right to cash from a third party,it is not based on the contract but is based on the law to force enterprises to participate in emissions trading plan arising from,does not belong to financial assets;emission rights are not tangible consumption,no production process,Does not belong to the inventory;emission rights are different from the license,whether to obtain emission rights does not affect the production,but the license is the necessary prerequisite for production and operation,and therefore do not belong to intangible assets.Carbon emissions are the mission that companies will eventually pursue to deliver emissions rights commensurate with their carbon emissions,which are only associated with obligations arising from emissions trading planning.Emissions are innovative,different from any existing asset class,but should be classified separately as a new asset.The quota for emission rights obtained free of charge from the government shall not be accounted for as a result of its non-compliance with the conditions of recognition of the assets.The carbon emission rights are recommended for fair value measurement,as it is better than cost measurement to reflect its economic realities.Through the research on the confirmation and measurement of carbon emission rights,the problem of accounting treatment of carbon emission rights not only helps the public understand the whole picture and the real situation of enterprises,evaluate the social responsibility performance and management and management behavior of enterprise environmental protection.Evaluate the long-term strategy of the enterprise.At the same time for the international carbon emissions of accounting treatment to provide a useful reference.