The environmental accounts are now an established part of national accounts. They include the atmospheric emissions and energy accounts for 1990 to 1998 which are now fully developed and able to support very detailed analyses; accounts of oil and gas reserves in physical terms; a time series for material imports and exports; and analyses of environmental protection expenditures and environmental taxes.
Work is in hand to develop both a full account of material resource use and a regularly updated monetary balance sheet for oil and gas reserves and to establish a time series of environmental protection expenditure accounts. This note illustrates the kinds of analyses that are now possible and considers areas for further work.