Question

1. Outline your strategies in reducing the carbon footprint.

2.Would your company prefer carbon tax or carbon trading to pay for your carbon emission? Justify your position

3.What would be the great challenges in Carbon Accounting Disclosure?

Answer 1

Answer for 1)

1)Avoiding meat as cow and sheep produces methane which is good carbon nutriliser.

2)Using public transportation for most of the time.

3)Installation of solar generator in home.

4)Making home energy and water efficient.

5)Reusing polythene covers.

Answer for 2)

I would prefer carbon tax over carbon trade. This is because in carbon trading there will be treshold permit and payment will be made only after if carbon emission is over permit.Here,the company would be careful only when they are close to such permit.But when it comes to carbon tax the organisation will be careful from the beginning to avoid carbon tax.

Answer for 3)

1)Acertaining the actual carbon emission.

2) Acertaining reasons if such carbon emission is more than budgeted.

3)Providing better explanation to Investors and government.