CO2 accounts for open economies : producer or consumer responsibility?

International negotiations of reducing carbon dioxide emissions address the question of how to account annual carbon dioxide emissions. For economies like Denmark facing national carbon dioxide targets import and export of commodities influence the total accounted carbon dioxide emissions. In this a...

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Bibliographic Details
Published in:Energy policy 2001-03, Vol.29 (4), p.327-334
Main Authors: MUNKSGAARD, Jesper, PEDERSEN, Klaus Alsted
Format: Article
Language:English
Subjects:
Accounting policies
Applied sciences
Balance of trade
Carbon dioxide
Economic models
Energy
Energy economics
Energy policy
Environmental policy
Exact sciences and technology
Gas
General, economic and professional studies
Greenhouse effect
Input output analysis
Input-output models
International
Methodology. Modelling
Negotiations
Open economies
Principles
Studies
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Summary:International negotiations of reducing carbon dioxide emissions address the question of how to account annual carbon dioxide emissions. For economies like Denmark facing national carbon dioxide targets import and export of commodities influence the total accounted carbon dioxide emissions. In this article, the consequences of using two basic accounting principles are demonstrated: a production versus a consumption principle. The distinction between the two principles is whether the producer or the consumer is responsible for the carbon dioxide emitted. By subtracting total emissions based on the two accounting principles the concept of a carbon dioxide trade balance is developed.
ISSN:0301-4215
1873-6777
DOI:10.1016/s0301-4215(00)00120-8