1 / 13

Emission Permits Treatment in the SEEAs: Insights from SNA 2008

This paper discusses the implications of treating emission permits in the System of Integrated Environmental and Economic Accounting (SEEA) in alignment with the System of National Accounts (SNA) 2008. It highlights the differences between SNA 1993 and SEEA 2003 and presents points for discussion on monetary and physical flows.

jenaya
Download Presentation

Emission Permits Treatment in the SEEAs: Insights from SNA 2008

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Treatment of Emission Permits- Implications for the SEEA Sylvie Le Laidier, INSEE Thomas Olsen, Statistics Denmark Prepared for the 14th London Group meeting, Canberra, 27 April – 30 April 2009

  2. Outline • Background • Current treatment in SEEA 2003 • Treatment in the SNA 2008 (Sylvie Le Laidier) • Points for discussion

  3. Background • Discussed briefly at LG12. Issue paper prepared for LG13. Discussion paper for LG14 • Identify differences between SEEA and SNA 2008 • LG’s position to await the AEG decision, but not necessarily to suggest to limit SEEA to it • Still several unresolved issues • Joint OECD-Eurostat task force on emission permits in the national accounts

  4. Treatment in SEEA 2003 • § 7.75 Atmospheric systems are ecosystem assets • Non-financial intangible non-produced assets • Leases and other transferable contracts • Appearance / disappearance • – Other changes in volumes • Acquisitions less disposals • Capital transfers • Holding gains / losses SNA 1993 SEEA 2003 • Example: All permits are auctioned

  5. Non Financial Asset: (1/5)

  6. Non Financial Asset: (2/5)

  7. Non Financial Asset: (3/5)

  8. Non Financial Asset: (4/5)

  9. Non Financial Asset: (5/5)

  10. Main points • Only asset accounts are affected • Capital account (non-financial accounts) • Financial account (financial accounts) • Other changes in volume (financial accounts) • Revaluation account (financial accounts) • Changes in balance sheet (financial accounts) • Current accounts and gross operating surplus are not

  11. Treatment in the SNA 2008

  12. Points for discussion • Do you agree that the description of the monetary flows in the revised SEEA should follow the SNA 2008? • Do you agree that the description of the monetary flows should be complemented with tables showing the physical flows? • How to proceed?

  13. Contact information Sylvie Le Laidier, INSEE E-mail: Sylvie.le-laidier@insee.fr Thomas Olsen, Statistics Denmark E-mail: Tol@dst.dk

More Related