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Environmental Accounting and Reporting in Fossil Fuel Sector : A Study on Bangladesh Oil, Gas and Mineral Corporation (Petrobangla)


  • Bose, Sudipta


Petrobangla is the sole responsible organization to maintain the fossil fuel sector in Bangladesh. It is accountable to next generations for oil, gas and other natural resources. It is necessary to ensure optimum use of these resources. Development activities cannot be sustained if these resources are depleted through wasteful use. This study indicates that Petrobangla takes many initiatives to provide environment-friendly energy in the economy. Environmental Accounting and reporting is the emerging concept in Bangladesh, although many countries in the world, either developed or developing, are practising environmental accounting and reporting in their fossil fuel sector. Since the need for fossil fuel is likely to increase, especially in developing countries [where the supply of these resources insufficient], the accounting and reporting of these resources have become inevitable.

Suggested Citation

  • Bose, Sudipta, 2006. "Environmental Accounting and Reporting in Fossil Fuel Sector : A Study on Bangladesh Oil, Gas and Mineral Corporation (Petrobangla)," MPRA Paper 7995, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:7995

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    References listed on IDEAS

    1. Boyd, James, 1998. "The Benefits of Improved Environmental Accounting: An Economic Framework to Identify Priorities," Discussion Papers dp-98-49, Resources For the Future.
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    Cited by:

    1. repec:gam:jsusta:v:9:y:2017:i:10:p:1717-:d:113308 is not listed on IDEAS
    2. Bernhard G. Gunter, 2008. "Mineral Extraction in Bangladesh: Some Fundamental Reform Suggestions," Bangladesh Development Research Working Paper Series (BDRWPS) BDRWPS No. 3, Bangladesh Development Research Center (BDRC).

    More about this item


    Environmental Accounting; Fossil Fuel; Environmental Reporting;

    JEL classification:

    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth


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