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The Political Feasibility of Consumption-Based Carbon Accounting

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  • Marco Grasso

Abstract

A consumption-based inventory can represent a promising accounting method for more effective collective action against carbon emissions. However, the current scientific debate has not yet proposed comprehensive analyses of the political features of consumption-based accounting. In particular, the ultimate objective of this article is to investigate the political feasibility of consumption-based accounting. The article argues that political feasibility is fundamental for gaining support and eventually fostering the development of widely acceptable, stable and effective consumption-based accounting systems. Specifically, the article first briefly investigates the potential of consumption-based carbon inventories. It then frames and scrutinizes political feasibility according to the normative and positive perspectives relevant to understanding the actual possibility of shifting from the current production- to consumption-based accounting. Finally the article, in light of the evidence provided by the analysis carried out, takes a prescriptive turn and indicates how politically feasible governance systems for consumption-based accounting may be forged and successfully put into practice.

Suggested Citation

  • Marco Grasso, 2016. "The Political Feasibility of Consumption-Based Carbon Accounting," New Political Economy, Taylor & Francis Journals, vol. 21(4), pages 401-413, July.
    • Handle: RePEc:taf:cnpexx:v:21:y:2016:i:4:p:401-413
    DOI: 10.1080/13563467.2016.1115828
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    1. Douglass C. North, 1993. "The New Institutional Economics and Development," Economic History 9309002, University Library of Munich, Germany.
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    1. Karakaya, Etem & Yılmaz, Burcu & Alataş, Sedat, 2018. "How Production Based and Consumption Based Emissions Accounting Systems Change Climate Policy Analysis: The Case of CO2 Convergence," MPRA Paper 88781, University Library of Munich, Germany.
    2. Li, Xuelin & Yang, Lin, 2023. "Natural resources, remittances and carbon emissions: A Dutch Disease perspective with remittances for South Asia," Resources Policy, Elsevier, vol. 85(PB).
    3. Eduardo Baltar Souza Leão & Angela Márcia Andrade Silva & Angélica Fabíola Rodrigues Prado & Luís Felipe Nascimento & José Célio Silveira Andrade, 2022. "Assessing urban emissions through different methodologies: an analysis of Brazilian cities," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 27(3), pages 1-21, March.
    4. Dervis Kirikkaleli & Hasan Güngör & Tomiwa Sunday Adebayo, 2022. "Consumption‐based carbon emissions, renewable energy consumption, financial development and economic growth in Chile," Business Strategy and the Environment, Wiley Blackwell, vol. 31(3), pages 1123-1137, March.
    5. Xu, Xueliu & Wang, Qian & Ran, Chenyang & Mu, Mingjie, 2021. "Is burden responsibility more effective? A value-added method for tracing worldwide carbon emissions," Ecological Economics, Elsevier, vol. 181(C).
    6. Lu, Qinli & Fang, Kai & Heijungs, Reinout & Feng, Kuishuang & Li, Jiashuo & Wen, Qi & Li, Yanmei & Huang, Xianjin, 2020. "Imbalance and drivers of carbon emissions embodied in trade along the Belt and Road Initiative," Applied Energy, Elsevier, vol. 280(C).
    7. Youngseok Hwang & Stephan Schlüter & Tanupriya Choudhury & Jung-Sup Um, 2021. "Comparative Evaluation of Top-Down GOSAT XCO 2 vs. Bottom-Up National Reports in the European Countries," Sustainability, MDPI, vol. 13(12), pages 1-15, June.

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