Carbon management accounting and financial performance: Evidence from the European Union emission trading system

2020 ◽  
Author(s):  
Yenny Naranjo Tuesta ◽  
Cristina Crespo Soler ◽  
Vicente Ripoll Feliu
Keyword(s):  
European Union ◽  
Financial Performance ◽  
Management Accounting ◽  
Emission Trading ◽  
The European Union ◽  
Emission Trading System ◽  
Trading System ◽  
Carbon Management

scholarly journals Could Biomass Derived Fuels Bridge the Emissions Gap between High Speed Rail and Aviation?

2019 ◽  
Vol 11 (4) ◽  
pp. 1025 ◽  
Author(s):  
Matteo Prussi ◽  
Aikaterini Konti ◽  
Laura Lonza
Keyword(s):  
High Speed ◽  
Ghg Emissions ◽  
Emission Trading ◽  
The European Union ◽  
Economic Perspective ◽  
Emission Trading System ◽  
Trading System ◽  
High Speed Rail ◽  
Mode Of Transport ◽  
The Cost

Aviation is a steadily growing sector, which largely contributes to transport greenhouse gas (GHG) emissions. When High Speed Rail (HSR) and aviation are considered as alternative options, HSR proves to be a more environmentally friendly mode of transport. Public available data have been used in order to calculate the emission profiles on two selected intra-European routes (London–Paris and Frankfurt–Amsterdam) by HSR and air. As expected, the air mode results in higher GHG emissions and solutions for mitigating its impact have been analyzed and suggested. Biomass Derived Fuels (BDF) has a limited, up to now, potential, to fill the existing gap in terms of emissions with rail. Moreover, BDF reduction in GHG emissions is accompanied with by an increase in fuel cost. Finally, the cost per tonne of avoided CO2e by using BDF—which values 186 €/t—has been compared with the prices of the European Union (EU) Emission Trading System (ETS) allowances and, from a purely economic perspective, this market based measure still seems a preferable option to curb the GHG emissions of the air mode.

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