Jump to ContentJump to Main Navigation
Legal Aspects of Carbon TradingKyoto, Copenhagen, and beyond$
Users without a subscription are not able to see the full content.

David Freestone and Charlotte Streck

Print publication date: 2009

Print ISBN-13: 9780199565931

Published to Oxford Scholarship Online: February 2010

DOI: 10.1093/acprof:oso/9780199565931.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2019. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 22 October 2019

Accounting for Emissions: From Costless Activity to Market Operations *

Accounting for Emissions: From Costless Activity to Market Operations *

Chapter:
(p.59) 3 Accounting for Emissions: From Costless Activity to Market Operations*
Source:
Legal Aspects of Carbon Trading
Author(s):

Allan Cook

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199565931.003.0003

This chapter examines, in the context of the European Union's new Emissions Trading Scheme under the Kyoto Protocol, the issues surrounding the aborted attempt by the International Accounting Standards Board (IASB) in early 2005 to regulate the accounting for ‘cap-and-trade’ schemes. It argues that the features that made this model attractive to governments were precisely the ones that accountants found difficult to capture under existing standards. After showing why the challenge has to be faced, the chapter suggests a possible way forward that the IASB might consider when it revisits the subject, as it is now doing.

Keywords:   European Union, emissions trading, Kyoto Protocol, International Accounting Standards Board, cap-and-trade schemes, accounting standards

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .