Latest time accounting Stories

CHICAGO and BAGSVAERD, Denmark, Nov. 1, 2012 /PRNewswire/ -- Indirect land use models that forecast the global warming impact of biofuels production incorporate time accounting in a very simplistic way to allocate total carbon emitted from affected land to the volume of fuel produced. The accuracy of accounting for time in these models is severely limited by the currently employed annualization approach: The annualization approach requires the arbitrary projection of future biofuels...