Research On The Environmental Cost Accounting Of Coal-bed Methane Extraction

China is a high energy-consuming country.With the rapid development of industry and the energy consumption demand for urban transformation and upgrading,the development of new clean energy has become the trend of the development of low-carbon economy in the future.CBM,the unconventional natural gas that is abundant in China,has being characterized by high calorific value,low emission and low pollution,and China is one of the countries with rich reserves of CBM resources.Developing the CBM industry is important for optimizing China’s energy structure and ensuring energy security significance.China’s energy "13th Five-Year Plan" requires that in 2020 CBM extraction volume should reach 24 billion cubic meters,and the proportion of CBM in all natural gas should reach 15%,and the development of the CBM industry will enter a golden period of development.However,with the expansion of the exploration and utilization of coal-bed methane resources,the depletion of land resources,water resources,and eco-environmental resources has accelerated.The lack of accounting for environmental costs in China’s current corporate accounting accounts for resource destruction and environmental pollution.Therefore,it is a high priority for China to carry out CBM environmental cost accounting.During the entire process of CBM development and utilization,the content of environmental costs generated during the CBM production phase is the most complex and the proportion of total cost is the highest.Therefore,the environmental cost of the CBM extraction phase is selected as the research object.The establishment of an environmental cost accounting system for coal-bed methane production provides ideas for the internalization of external costs,which helps enterprises to control environmental costs and promote the sustainable development of enterprises.Based on the review of domestic and foreign related researches,this paper comprehensively analyzes the current state of accounting for environmental costs of coal-bed methane production enterprises and proposes the accounting of environmental costs for coal-bed methane production enterprises.Secondly,In the whole process of the development and utilization of CBM,the content of environmental costs generated during the CBM production phase is the most complex with its share in the total cost being the highest.And the environmental costs of coal-bed methane extraction are divided into two categories: environmental prevention and treatment costs and environmental damage costs.The basic thinking of comprehensively recognizing environmental costs,accurately measuring environmental costs and fully disclosing environmental costs is to construct an accounting system for the environmental costs of CBM extraction.Again,the selected QS CBM Co.,Ltd.of Shanxi Province was selected as the main body of the case analysis to demonstrate the application process of the CBM exploitation environmental cost accounting system in QS Enterprise.Finally,some suggestions are made for the accounting of the environmental costs of coal-bed methane production: setting up environmental cost accounting standards;strengthening government environmental protection supervision;establishing sound disclosure mechanisms toward environmental cost information;and strengthening the management of environment costs within enterprises.