Aviva Investors have begun promoting an interview I did with them:
The discussion focuses on my work on sustainable cost accounting.
Deatils on sustainable cost accounting is here.
Since Aviva put a lot of work into the article I suggest going to their site to read what I had to say.
I get the impression from discussion that Aviva think I am on to something.
And the answer to the question is yes, by the way, if the world does sustainable cost accounting. Not maybe by themselves of course. But we could make a big contribution.
Photo credit: Thomas Murphy
Thanks for reading this post.
You can share this post on social media of your choice by clicking these icons:
There are links to this blog's glossary in the above post that explain technical terms used in it. Follow them for more explanations.
You can subscribe to this blog's daily email here.
And if you would like to support this blog you can, here:
Buy me a coffee!
Would love to Richard, but I’m not allowed.
“There is a real problem with accounting for carbon, in my view, because carbon pricing is beyond the control of the company. The carbon market is a wholly artificial market, created for regulatory purposes, not a natural market as such. That means it is hard to use as a real measure in accounting.”
But…Carbon pricing puts emissions into every price in the economy. Corporate accounts are composed with market prices. Therefore carbon pricing entirely solves the problem of carbon accounting. A cynic would say though this doesn’t provide an income for your good self, and you clearly see an opportunity to earn here, so it can’t be an acceptable solution. Therefore you insist on instead pulling figures out of thin air!!
And how might you do that, especially without creating a massively regressive tax?