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Climate change

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  • Jonathan Boston
  • Frieder Lempp

Abstract

Purpose - This paper has two main purposes. First, it considers the detrimental effects of four politically‐salient asymmetries on the policy choices of liberal democracies when dealing with the problem of human‐induced climate change. Second, it outlines and evaluates possible solutions for reducing or countering these asymmetries. Design/methodology/approach - The approach involves an analysis and evaluation of policy options based on a survey of the relevant literature. Findings - The paper highlights the serious mismatch between the magnitude and urgency of the climate change problem and the current political will to overcome or mitigate the problem. Although four categories of potential solutions, and the various mechanisms through which they might operate, are discussed, it is recognized that all the available options have significant drawbacks, not least limited political feasibility and doubtful effectiveness. In short, action within liberal democracies to mitigate climate change is likely to remain seriously constrained by the four asymmetries discussed, thus increasing the risk of dangerous climate change. Originality/value - The paper highlights the complexities, both international and national, of confronting human‐induced climate change. In particular, it identifies four systemic reasons, in the form of politically‐salient asymmetries, why liberal democracies have struggled to take effective measures to reduce greenhouse gas emissions and provides a systematic assessment of possible solutions to these asymmetries. These include changes to accounting frameworks to ensure that the impact of humanity on the environment and future generations is more transparent.

Suggested Citation

  • Jonathan Boston & Frieder Lempp, 2011. "Climate change," Accounting, Auditing & Accountability Journal, Emerald Group Publishing Limited, vol. 24(8), pages 1000-1021, October.
  • Handle: RePEc:eme:aaajpp:v:24:y:2011:i:8:p:1000-1021
    DOI: 10.1108/09513571111184733
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    References listed on IDEAS

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    Cited by:

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    2. Tatiana Kiseleva, 2016. "Heterogeneous Beliefs and Climate Catastrophes," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 65(3), pages 599-622, November.
    3. Markus J. Milne & Suzana Grubnic, 2011. "Climate change accounting research: keeping it interesting and different," Accounting, Auditing & Accountability Journal, Emerald Group Publishing Limited, vol. 24(8), pages 948-977, October.
    4. Thomson, Ian & Grubnic, Suzana & Georgakopoulos, Georgios, 2014. "Exploring accounting-sustainability hybridisation in the UK public sector," Accounting, Organizations and Society, Elsevier, vol. 39(6), pages 453-476.
    5. Rong He & Le Luo & Abul Shamsuddin & Qingliang Tang, 2022. "Corporate carbon accounting: a literature review of carbon accounting research from the Kyoto Protocol to the Paris Agreement," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 62(1), pages 261-298, March.
    6. Mohamed M. Mostafa, 2016. "Post-materialism, Religiosity, Political Orientation, Locus of Control and Concern for Global Warming: A Multilevel Analysis Across 40 Nations," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 128(3), pages 1273-1298, September.
    7. Mohamed M. Mostafa, 2020. "Catastrophe Theory Predicts International Concern for Global Warming," Journal of Quantitative Economics, Springer;The Indian Econometric Society (TIES), vol. 18(3), pages 709-731, September.
    8. Tauringana, Venancio & Chithambo, Lyton, 2015. "The effect of DEFRA guidance on greenhouse gas disclosure," The British Accounting Review, Elsevier, vol. 47(4), pages 425-444.
    9. Saravanamuthu, Kala & Lehman, Cheryl, 2013. "Enhancing stakeholder interaction through environmental risk accounts," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 24(6), pages 410-437.

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