The Government’s net-zero targets could be worthless if current carbon accounting systems aren’t radically reformed.
According to new research, under the current international carbon accounting standards used to calculate carbon neutrality, emissions from supply chains, after-sale product use and waste aren’t included.
As a result:
Professor Ian Thomson, who co-led the research and is an international expert on environmental accounting said: ‘Some of the carbon accounting systems and evaluation processes in the UK are farcical and inadequate, lagging well behind net-zero thinking and creating a structural barrier to implementing effective solutions.
‘Without robust, reliable and trusted carbon accounting evidence, it’s likely that the UK’s net-zero carbon transition will be inhibited by poorly-informed decisions based on inappropriate evidence.’
The research project is currently working on a programme of suggested reforms to carbon accounting protocols that they say are essential to ensuring any successful outcome from COP26.
In related news, as regulators home in on environmental violations, companies are looking for ways to deal with the ever-increasing frequency of data requests writes Jeff Ladner, vice president of environmental performance at Sphera.
Photo by Maxim Hopman