tailieunhanh - Accounting for carbon - The impact of carbon trading on financial statements

Voluntary carbon offsets have been traded in relatively small volumes and on a demonstration basis since the late 1980s. Some organizations, such as the Climate Trust in Oregon, have many years of experience in purchasing and retiring offsets on behalf of clients or customers (the Climate Trust was established in 1997 to assist new power plants in Oregon to meet a state regulatory requirement for net CO2 emissions). As the data above indicate, however, there has been a dramatic increase in the last two years in the number of voluntary offset transactions, with an accompanying expansion in the number of. | Accounting for carbon The impact of carbon trading on financial statements KPMG LLP UK Providing insight and strategies to help organisations understand and manage the business implications of climate change 2008 KPMG LLP a UK limited liability partnership is a subsidiary of KPMG Europe LLP and a member firm of the KPMG network of independent member firms affiliated with KPMG International a Swiss cooperative. All rights reserved. network of inc 2008 KPMG LLRja UKi ted liabi y artnership is a subsidiary of KPMG Europe 1lp0iiidra merat ó. - tive. All rig

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