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MULTI DIMENSION IMPACT ACCOUNTING
File: MDIA-p3-06-CARBON-CYCLE-150420.odp Peter Burgess (c) All rights reserved
MDIA
CARBON CYCLE
MULTI DIMENSION IMPACT ACCOUNTING
WORK-IN-PROGRESS.
SLIDESET STILL IN DEVELOPMENT.
UPDATES WILL BE POSTED OVER
THE NEXT SEVERAL WEEKS
CARBON … an enormously
important scientific element.
… and a critical link between
chemistry and biology
MULTI DIMENSION IMPACT ACCOUNTING
The burning of CARBON produces
carbon dioxide, a colorless gas
that changes the heat transfer
properties of the atmosphere.
The chemical formula for carbon
dioxide is CO2
CO2 is a Greenhouse Gas (GHG)
… an important causal factor in
global warming.
MULTI DIMENSION IMPACT ACCOUNTING
The following slides show various
depictions of the CO2 dimension
of the CARBON CYCLE
MULTI DIMENSION IMPACT ACCOUNTING
MULTI DIMENSION IMPACT ACCOUNTING
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
EOP
MULTI DIMENSION IMPACT ACCOUNTING
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
EOPCARBON CYCLE
MULTI DIMENSION IMPACT ACCOUNTING
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
EOPCARBON RESERVOIRS AND FLUXES
MULTI DIMENSION IMPACT ACCOUNTING
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
EOPCARBON CYCLE – CARBON STORES
MULTI DIMENSION IMPACT ACCOUNTING
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
EOPCARBON SINK
In addition to CARBON DIOXIDE,
there is also METHANE.
CH4 is the chemical formula for
methane
METHANE is a far more potent
greenhouse gas (GHG) than CO2
by a factor of more than twenty.
MULTI DIMENSION IMPACT ACCOUNTING
MULTI DIMENSION IMPACT ACCOUNTING
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
EOPMETHANE CYCLE
The industrial revolution has been
enabled by fossil fuel energy based
on CARBON.
Without energy, the modern quality
of life we enjoy cannot exist.
MULTI DIMENSION IMPACT ACCOUNTING
CONUNDRUM …
MULTI DIMENSION IMPACT ACCOUNTING
How to have the energy we need to
sustain and improve quality of life
while also reducing the dangerous
impact that GHGs are having on the
atmosphere?
MULTI DIMENSION IMPACT ACCOUNTING
We need technology to come to the
rescue!
MULTI DIMENSION IMPACT ACCOUNTING
Clean energy renewables:
● Wind
● Solar
● Hydro
MULTI DIMENSION IMPACT ACCOUNTING
Best practice for fossil fuels:
● Carbon capture and sequestration
technology
MULTI DIMENSION IMPACT ACCOUNTING
MULTI DIMENSION IMPACT ACCOUNTING
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
EOPCARBON CAPTURE AND SEQUESTRATION
Best practice for fossil fuels:
● Using algae to capture carbon
MULTI DIMENSION IMPACT ACCOUNTING
MULTI DIMENSION IMPACT ACCOUNTING
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
EOPALGAE TO CAPTURE CARBON
Least cost power generation in
money profit terms results in worst
behavior relative to environment.
When carbon emissions are costed
using a standard impact metric …
the calculation will be different.
MULTI DIMENSION IMPACT ACCOUNTING
1 metric ton of CO2 = 1 EDU
1 metric ton of CH4 = 27 EDUs
* EDU is an Environmental Degradation Unit
MULTI DIMENSION IMPACT ACCOUNTING
At the moment we do not know the
exchange rate that will apply
between a unit of money value such
as the US dollar and the EDU
This is not important at this stage.
The first step is to have a single
measure that works for all aspects
of environmental degradation.
MULTI DIMENSION IMPACT ACCOUNTING
Moving forward … Request
for collaboration
Money is part of a complex socio-enviro-economic
system. While it works … it does not work as well as it
should, nor as well as it could. The work of MDIA is to
enable this complex system to work better.
MDIA needs to be a team effort. Join in and help to
make the world a better place. Please get in touch.
Peter Burgess … peterbnyc@gmail.com
MULTI DIMENSION IMPACT ACCOUNTING

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MDIA-CARBON CYCLE

  • 1. MULTI DIMENSION IMPACT ACCOUNTING File: MDIA-p3-06-CARBON-CYCLE-150420.odp Peter Burgess (c) All rights reserved MDIA CARBON CYCLE
  • 2. MULTI DIMENSION IMPACT ACCOUNTING WORK-IN-PROGRESS. SLIDESET STILL IN DEVELOPMENT. UPDATES WILL BE POSTED OVER THE NEXT SEVERAL WEEKS
  • 3. CARBON … an enormously important scientific element. … and a critical link between chemistry and biology MULTI DIMENSION IMPACT ACCOUNTING
  • 4. The burning of CARBON produces carbon dioxide, a colorless gas that changes the heat transfer properties of the atmosphere. The chemical formula for carbon dioxide is CO2 CO2 is a Greenhouse Gas (GHG) … an important causal factor in global warming. MULTI DIMENSION IMPACT ACCOUNTING
  • 5. The following slides show various depictions of the CO2 dimension of the CARBON CYCLE MULTI DIMENSION IMPACT ACCOUNTING
  • 6. MULTI DIMENSION IMPACT ACCOUNTING SunSun BOP Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOP
  • 7. MULTI DIMENSION IMPACT ACCOUNTING SunSun BOP Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPCARBON CYCLE
  • 8. MULTI DIMENSION IMPACT ACCOUNTING SunSun BOP Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPCARBON RESERVOIRS AND FLUXES
  • 9. MULTI DIMENSION IMPACT ACCOUNTING SunSun BOP Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPCARBON CYCLE – CARBON STORES
  • 10. MULTI DIMENSION IMPACT ACCOUNTING SunSun BOP Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPCARBON SINK
  • 11. In addition to CARBON DIOXIDE, there is also METHANE. CH4 is the chemical formula for methane METHANE is a far more potent greenhouse gas (GHG) than CO2 by a factor of more than twenty. MULTI DIMENSION IMPACT ACCOUNTING
  • 12. MULTI DIMENSION IMPACT ACCOUNTING SunSun BOP Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPMETHANE CYCLE
  • 13. The industrial revolution has been enabled by fossil fuel energy based on CARBON. Without energy, the modern quality of life we enjoy cannot exist. MULTI DIMENSION IMPACT ACCOUNTING
  • 14. CONUNDRUM … MULTI DIMENSION IMPACT ACCOUNTING
  • 15. How to have the energy we need to sustain and improve quality of life while also reducing the dangerous impact that GHGs are having on the atmosphere? MULTI DIMENSION IMPACT ACCOUNTING
  • 16. We need technology to come to the rescue! MULTI DIMENSION IMPACT ACCOUNTING
  • 17. Clean energy renewables: ● Wind ● Solar ● Hydro MULTI DIMENSION IMPACT ACCOUNTING
  • 18. Best practice for fossil fuels: ● Carbon capture and sequestration technology MULTI DIMENSION IMPACT ACCOUNTING
  • 19. MULTI DIMENSION IMPACT ACCOUNTING SunSun BOP Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPCARBON CAPTURE AND SEQUESTRATION
  • 20. Best practice for fossil fuels: ● Using algae to capture carbon MULTI DIMENSION IMPACT ACCOUNTING
  • 21. MULTI DIMENSION IMPACT ACCOUNTING SunSun BOP Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPALGAE TO CAPTURE CARBON
  • 22. Least cost power generation in money profit terms results in worst behavior relative to environment. When carbon emissions are costed using a standard impact metric … the calculation will be different. MULTI DIMENSION IMPACT ACCOUNTING
  • 23. 1 metric ton of CO2 = 1 EDU 1 metric ton of CH4 = 27 EDUs * EDU is an Environmental Degradation Unit MULTI DIMENSION IMPACT ACCOUNTING
  • 24. At the moment we do not know the exchange rate that will apply between a unit of money value such as the US dollar and the EDU This is not important at this stage. The first step is to have a single measure that works for all aspects of environmental degradation. MULTI DIMENSION IMPACT ACCOUNTING
  • 25. Moving forward … Request for collaboration Money is part of a complex socio-enviro-economic system. While it works … it does not work as well as it should, nor as well as it could. The work of MDIA is to enable this complex system to work better. MDIA needs to be a team effort. Join in and help to make the world a better place. Please get in touch. Peter Burgess … peterbnyc@gmail.com MULTI DIMENSION IMPACT ACCOUNTING