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Accounting for Carbon: Insights and Challenges in Global Trade

Explore the complexities of carbon accounting and emissions tracking at the point of consumption, examining the impact of traded emissions on global, national, and sector scales. Delve into the challenges and considerations surrounding capturing carbon in trade and the importance of accurate data for effective environmental policies. Presented by Prof. John Barrett from the University of Leeds on October 13th, 2011.

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Accounting for Carbon: Insights and Challenges in Global Trade

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  1. Accounting for carbon at the point of consumption Prof. John Barrett University of Leeds October 13th, 2011

  2. Toy Production

  3. Toy Consumption

  4. Scale of Traded Emissions - Global Source: University of Leeds

  5. Scale of Traded Emissions - National Source: University of Leeds

  6. Scale of Traded Emissions - Sector UK USA China Share of domestic consumption by country of origin of steel Source: University of Leeds

  7. Global Emissions captured in trading schemes Source: University of Leeds

  8. CO2 or GHG Emissions Source: University of Leeds

  9. Capturing Carbon in Trade Source: University of Leeds

  10. Best Available Technologies Source: University of Leeds

  11. What Counts? • All embodied emissions (8% difference • “Real” emissions, not false assumptions (10% difference) • Inclusion of the US and Japan in domestic schemes (15% difference) What doesn’t count • Least developed countries (under 1%) • Full GHG emissions (at least for existing sectors) (under 2%)

  12. Challenges • Complex carbon accounting system that is robust • Difficulty of border carbon adjustments that would make a difference

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