1. MULTI DIMENSION IMPACT ACCOUNTING File:
MDIA-p3-04-CARBON-CYCLE-150730.odp Peter Burgess (c) All rights
reserved MDIA CARBON CYCLE
2. EXPLANATION This slideset is A WORK-IN-PROGRESS. It will be
upgraded periodically. It is part of a series of more than 50
slidesets. Navigation to all of these is available here: FEEDBACK
is welcome. Please email to Peter Burgess [email protected] with
a catchy phrase in the subject line so that it gets attention, and
please identify the specific slideset(s) involved. This explanation
is version v150801. The most current text is available at: MULTI
DIMENSION IMPACT ACCOUNTING
http://www.truevaluemetrics.org/DBadmin/DBtxt001.php?vv1=txt00010199
http://www.truevaluemetrics.org/DBadmin/DBtxt001.php?vv1=N1-Slidesets-p3
3. MULTI DIMENSION IMPACT ACCOUNTING
University-of-Michigan-Carbon-Cycle-Lecture-Notes CARBON CYCLE A
very readable paper about the CARBON CYCLE from the University of
Michigan
4. CARBON an enormously important scientific element. and a
critical link between chemistry and biology MULTI DIMENSION IMPACT
ACCOUNTING
5. 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 MULTI DIMENSION
IMPACT ACCOUNTING
6. CO2 is a Greenhouse Gas (GHG) an important causal factor in
global warming. MULTI DIMENSION IMPACT ACCOUNTING
7. The following slides show various depictions of the CO2
dimension of the CARBON CYCLE MULTI DIMENSION IMPACT
ACCOUNTING
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 EOP
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
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 RESERVOIRS AND FLUXES
11. 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
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 EOPCARBON SINK
13. 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 EOPTEMPERATURE HISTORY
14. 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 EOPTEMPERATURE HISTORY
16. 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 STOCKS AND FLOWS
17. 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 DIOXIDE CONCENTRATIONS
18. In addition to CARBON DIOXIDE, there is also METHANE with
the formula CH4 METHANE is a far more potent greenhouse gas (GHG)
than CO2 by a factor of more than twenty. 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 EOPMETHANE CYCLE
20. The industrial revolution has been enabled by fossil fuel
energy based on CARBON. Without energy, modern quality of life that
we enjoy cannot exist. MULTI DIMENSION IMPACT ACCOUNTING
21. CONUNDRUM / CHALLENGE MULTI DIMENSION IMPACT
ACCOUNTING
22. 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
23. We need technology and innovation to come to the rescue!
MULTI DIMENSION IMPACT ACCOUNTING
24. Non-carbon energy: Wind Solar Hydro Nuclear MULTI DIMENSION
IMPACT ACCOUNTING
25. Best practice for fossil fuels: Carbon capture and
sequestration technology (CCS) MULTI DIMENSION IMPACT
ACCOUNTING
26. 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
27. Best practice for fossil fuels: Using algae to capture
carbon MULTI DIMENSION IMPACT ACCOUNTING
28. 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
29. Least cost power generation in money profit terms results
in worst behavior relative to environment. MULTI DIMENSION IMPACT
ACCOUNTING
30. When carbon emissions are costed using TrueValue impact
standards the decision parameters will be different. MULTI
DIMENSION IMPACT ACCOUNTING
31. 1 metric ton of CO2 = 1 EDU 1 metric ton of CH4 = 27 EDUs *
EDU is an Environmental Degradation Unit MULTI DIMENSION IMPACT
ACCOUNTING
32. 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. A first step is to have a
single measure that works for all the elements of NATURAL CAPITAL.
MULTI DIMENSION IMPACT ACCOUNTING
33. REMINDER This slideset is A WORK-IN-PROGRESS. It will be
upgraded periodically. It is part of a series of more than 50
slidesets. Navigation to all of these is available here: FEEDBACK
is welcome. Please email to Peter Burgess [email protected] with
a catchy phrase in the subject line so that it gets attention, and
please identify the specific slideset(s) involved. This explanation
is version v150801. The most current text is available at: MULTI
DIMENSION IMPACT ACCOUNTING
http://www.truevaluemetrics.org/DBadmin/DBtxt001.php?vv1=txt00010199
http://www.truevaluemetrics.org/DBadmin/DBtxt001.php?vv1=N1-Slidesets-p3
34. THANK YOU Some links and contact information: Peter Burgess
[email protected] Peter Burgess LinkedIn profile
https://www.linkedin.com/in/peterburgess1 Link to
TrueValueMetrics.org website http://www.truevaluemetrics.org/ Link
to navigation to other slides in this series: MULTI DIMENSION
IMPACT ACCOUNTING
http://www.truevaluemetrics.org/DBadmin/DBtxt001.php?vv1=N1-Slidesets-p3