Accounting

THE MOST IMPORTANT GHG ACCOUNTING CONCEPT YOU MAY NOT HAVE HEARD OF: THE ATTRIBUTIONAL-CONSEQUENTIAL DISTINCTION

Too often environmental professionals, policy-makers, and standard-setters fail to distinguish between two major types of GHG accounting methods[1] — which are appropriate for fundamentally different purposes. Using the wrong type of method can lead to bad decision-making — and unfortunately, this happens all too often. Many GHG accounting practitioners will be familiar with ‘attributional’ type…