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Carbon emissions reporting |
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Carbon emissions reporting as the name suggests is an account of total amount of carbon emissions of any industry. Carbon emissions reporting have been recognized as a prime tool in reducing carbon emissions.
According to Department for Environment, Food and Rural Affairs (Defra), United Kingdom climate change has been regarded as the "greatest environmental challenge facing the world today". Carbon emissions reporting are an efficient tool to keep account of annual carbon emissions coming out of any industry.
Several developed nations of world have decided upon establishing mandatory carbon emissions reporting scheme. This enables proper emissions trading scheme. Carbon emissions reporting have been advocated as the most important tool for tackling global climate change. With the help of carbon emissions reporting scheme points can be distributed. According to these points credit can be allocated. For successful trading of emissions a standardized method of carbon emissions reporting is compulsory in order to make comparisons among the companies.
According to Global Carbon Project report carbon dioxide emissions have considerably increased from 1990s to 2000 and the level is nearly four times faster. A Survey states that nearly 80 percent of companies are not ready for carbon emissions reporting schemes.
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