Green Accounting
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Green Accounting
Green accounting is a type of accounting that attempts to factor environmental costs into the financial results of operations. It has been argued that gross domestic product ignores the environment and therefore policymakers need a revised model that incorporates green accounting. The major purpose of green accounting is to help businesses understand and manage the potential quid pro quo between traditional economics goals and environmental goals. It also increases the important information available for analyzing policy issues, especially when those vital pieces of information are often overlooked. Green accounting is said to only ensure weak sustainability, which should be considered as a step toward ultimately a strong sustainability. It is a controversial practice however, since depletion may be already factored into accounting for the extraction industries and the accounting for externalities may be arbitrary. It is obvious therefore that a standard practice would need to be ...
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Accounting
Accounting, also known as accountancy, is the measurement, processing, and communication of financial and non financial information about economic entities such as businesses and corporations. Accounting, which has been called the "language of business", measures the results of an organization's economic activities and conveys this information to a variety of stakeholders, including investors, creditors, management, and regulators. Practitioners of accounting are known as accountants. The terms "accounting" and "financial reporting" are often used as synonyms. Accounting can be divided into several fields including financial accounting, management accounting, tax accounting and cost accounting. Financial accounting focuses on the reporting of an organization's financial information, including the preparation of financial statements, to the external users of the information, such as investors, regulators and suppliers; and management accounting focuses on the measurement ...
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Environmental Domestic Product
A biophysical environment is a biotic and abiotic surrounding of an organism or population, and consequently includes the factors that have an influence in their survival, development, and evolution. A biophysical environment can vary in scale from microscopic to global in extent. It can also be subdivided according to its attributes. Examples include the marine environment, the atmospheric environment and the terrestrial environment. The number of biophysical environments is countless, given that each living organism has its own environment. The term ''environment'' can refer to a singular global environment in relation to humanity, or a local biophysical environment, e.g. the UK's Environment Agency. Life-environment interaction All life that has survived must have adapted to the conditions of its environment. Temperature, light, humidity, soil nutrients, etc., all influence the species within an environment. However, life in turn modifies, in various forms, its conditions. S ...
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National Accounts
National accounts or national account systems (NAS) are the implementation of complete and consistent accounting techniques for measuring the economic activity of a nation. These include detailed underlying measures that rely on double-entry accounting. By design, such accounting makes the totals on both sides of an account equal even though they each measure different characteristics, for example production and the income from it. As a method, the subject is termed national accounting or, more generally, social accounting.Nancy D. Ruggles, 1987. "social accounting," '' The New Palgrave: A Dictionary of Economics'', v. 4, pp. 377–82. Stated otherwise, national accounts as ''systems'' may be distinguished from the economic data associated with those systems. While sharing many common principles with business accounting, national accounts are based on economic concepts. One conceptual construct for representing flows of all economic transactions that take place in an economy ...
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Industrial Metabolism
Industrial metabolism is a concept to describe the material and energy turnover of industrial systems. It was proposed by Robert Ayres in analogy to the biological metabolism as "the whole integrated collection of physical processes that convert raw materials and energy, plus labour, into finished products and wastes..." In analogy to the biological concept of metabolism, which is used to describe the whole of chemical reactions in, for example, a cell to maintain its functions and reproduce itself, the concept of industrial metabolism describes the chemical reactions, transport processes, and manufacturing activities in industry. Industrial metabolism presupposes a connection between different industrial activities by seeing them as part of a larger system, such as a material cycle or the supply chain of a commodity. System scientists, for example in industrial ecology, use the concept as paradigm to study the flow of materials or energy through the industrial system in order to ...
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Environmentalism
Environmentalism or environmental rights is a broad philosophy, ideology, and social movement regarding concerns for environmental protection and improvement of the health of the environment, particularly as the measure for this health seeks to incorporate the impact of changes to the environment on humans, animals, plants and non-living matter. While environmentalism focuses more on the environmental and nature-related aspects of green ideology and politics, ecologism combines the ideology of social ecology and environmentalism. ''Ecologism'' is more commonly used in continental European languages, while ''environmentalism'' is more commonly used in English but the words have slightly different connotations. Environmentalism advocates the preservation, restoration and improvement of the natural environment and critical earth system elements or processes such as the climate, and may be referred to as a movement to control pollution or protect plant and animal diversity. Fo ...
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Environmental Protection
Environmental protection is the practice of protecting the natural environment by individuals, organizations and governments. Its objectives are to conserve natural resources and the existing natural environment and, where possible, to repair damage and reverse trends. Due to the pressures of overconsumption, population growth and technology, the biophysical environment is being degraded, sometimes permanently. This has been recognized, and governments have begun placing restraints on activities that cause environmental degradation. Since the 1960s, environmental movements have created more awareness of the multiple environmental problems. There is disagreement on the extent of the environmental impact of human activity, so protection measures are occasionally debated. Approaches to environmental protection Voluntary environmental agreements In industrial countries, voluntary environmental agreements often provide a platform for companies to be recognized for moving beyond ...
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Earth Economics
Earth Economics is a 501(c)(3) non-profit headquartered in Tacoma, Washington, United States. The organization uses natural capital valuation to help decision makers and local stakeholders understand the value of natural capital assets. By identifying, monetizing, and valuing natural capital and ecosystem services, Earth Economics goal is to help communities and organizations make investment and policy decisions. The organization has a small in-house staff of economists. Approach Earth Economics' current mission states, "We quantify and value the benefits nature provides. Our work drives effective decisions and systemic change through a combination of education, natural capital analysis, and policy recommendations." According to its website, Earth Economics offers "a pragmatic, collaborative approach to help organizations make sound investment and policy decisions that mitigate risk, add value, and build resilience by taking nature into account." The organization currently foc ...
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Anthropogenic Metabolism
Anthropogenic metabolism, also referred to as metabolism of the anthroposphere, is a term used in industrial ecology, material flow analysis, and waste management to describe the material and energy turnover of human society. It emerges from the application of systems thinking to the industrial and other man-made activities and it is a central concept of sustainable development. In modern societies, the bulk of anthropogenic (man-made) material flows is related to one of the following activities: sanitation, transportation, habitation, and communication, which were "of little metabolic significance in prehistoric times". Global man-made stocks of steel in buildings, infrastructure, and vehicles, for example, amount to about 25 Gigatonnes (more than three tonnes per person), a figure that is surpassed only by construction materials such as concrete. Sustainable development is closely linked to the design of a sustainable anthropogenic metabolism, which will entail substantial changes i ...
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Chlorofluorocarbons
Chlorofluorocarbons (CFCs) and hydrochlorofluorocarbons (HCFCs) are fully or partly halogenated hydrocarbons that contain carbon (C), hydrogen (H), chlorine (Cl), and fluorine (F), produced as volatile derivatives of methane, ethane, and propane. They are also commonly known by the DuPont brand name Freon. The most common representative is dichlorodifluoromethane (R-12 or Freon-12). Many CFCs have been widely used as refrigerants, propellants (in aerosol applications), and solvents. Because CFCs contribute to ozone depletion in the upper atmosphere, the manufacture of such compounds has been phased out under the Montreal Protocol, and they are being replaced with other products such as hydrofluorocarbons (HFCs) including R-410A and R-134a. Structure, properties and production As in simpler alkanes, carbon in the CFCs bond with tetrahedral symmetry. Because the fluorine and chlorine atoms differ greatly in size and effective charge from hydrogen and from each other, the met ...
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Nitrogen Oxide
Nitrogen oxide may refer to a binary compound of oxygen and nitrogen, or a mixture of such compounds: Charge-neutral *Nitric oxide (NO), nitrogen(II) oxide, or nitrogen monoxide *Nitrogen dioxide (), nitrogen(IV) oxide * Nitrogen trioxide (), or nitrate radical *Nitrous oxide (), nitrogen(0,II) oxide *Dinitrogen dioxide (), nitrogen(II) oxide dimer *Dinitrogen trioxide (), nitrogen(II,IV) oxide *Dinitrogen tetroxide (), nitrogen(IV) oxide dimer *Dinitrogen pentoxide (), nitrogen(V) oxide, or nitronium nitrate *Nitrosyl azide (), nitrogen(−I,0,I,II) oxide * Nitryl azide () *Oxatetrazole () *Trinitramide ( or ), nitrogen(0,IV) oxide Anions *Nitroxide () * Nitrite ( or ) *Nitrate () *Peroxynitrite ( or ) *Peroxynitrate ( or ) *Orthonitrate (, analogous to phosphate ) *Hyponitrite ( or ) *Trioxodinitrate or hyponitrate ( or ) *Nitroxylate ( or ) * Dinitramide ( or ) Cations * Nitrosonium ( or ) * Nitronium ( or ) Atmospheric sciences In atmospheric chemistry: * (or NO''x'') refe ...
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Sulfur
Sulfur (or sulphur in British English) is a chemical element with the symbol S and atomic number 16. It is abundant, multivalent and nonmetallic. Under normal conditions, sulfur atoms form cyclic octatomic molecules with a chemical formula S8. Elemental sulfur is a bright yellow, crystalline solid at room temperature. Sulfur is the tenth most abundant element by mass in the universe and the fifth most on Earth. Though sometimes found in pure, native form, sulfur on Earth usually occurs as sulfide and sulfate minerals. Being abundant in native form, sulfur was known in ancient times, being mentioned for its uses in ancient India, ancient Greece, China, and ancient Egypt. Historically and in literature sulfur is also called brimstone, which means "burning stone". Today, almost all elemental sulfur is produced as a byproduct of removing sulfur-containing contaminants from natural gas and petroleum.. Downloahere The greatest commercial use of the element is the production o ...
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Carbon
Carbon () is a chemical element with the symbol C and atomic number 6. It is nonmetallic and tetravalent In chemistry, the valence (US spelling) or valency (British spelling) of an element is the measure of its combining capacity with other atoms when it forms chemical compounds or molecules. Description The combining capacity, or affinity of an ...—its atom making four electrons available to form covalent bond, covalent chemical bonds. It belongs to group 14 of the periodic table. Carbon makes up only about 0.025 percent of Earth's crust. Three Isotopes of carbon, isotopes occur naturally, Carbon-12, C and Carbon-13, C being stable, while Carbon-14, C is a radionuclide, decaying with a half-life of about 5,730 years. Carbon is one of the Timeline of chemical element discoveries#Ancient discoveries, few elements known since antiquity. Carbon is the 15th Abundance of elements in Earth's crust, most abundant element in the Earth's crust, and the Abundance of the c ...
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