| dc.description.abstract | The Green New deal has suddenly been in public consciousness due to recently proposed
legislation in the US congress. As far back as 2007 influential journalist Thomas Friedman used
the phrase in his aiiicle, "The Power of Green", in the New York Times to describe the need for
ending fossil fuel subsidies, taxing carbon dioxide emissions, and, creating incentives for wind
and solar energy. The phrase was borrowed from President Franklin D. Roosevelt's "New Deal"
after the Great Depression of 1929 and its main aim was to call attention to the intense negative
impact of climate change on human health (Solomon and LaRocque 2019), access to clean water
(Von Schwedler 2011), fuel (Guertler 2012) and harsh conditions that are faced by people all
around? the world (Labadie 2011, Sukhdev 2012). The purpose of this article is to explore the
possible effects of the GND on the accounting profession. To do this, we will explore the impact
on various parameters that are at the core of accounting. These include companies' financing
activities, operating activities and investing activities. A study such as this might facilitate
practitioners to anticipate possible changes and prepare themselves for the change. | en_US |
