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This article explores how climate governance is accomplished in practical terms. To that end we develop an ‘analytics of carbon accounting’ that draws attention to the calculative practices that turn stocks and flows of carbon into objects of governance. Carbon accounting as a rationality of government is primarily concerned with the ways in which carbon can be measured, quantified, demarcated and statistically aggregated; but the concept also alludes to questions about (political) accountability in relation to emissions of greenhouse gases. The paper outlines three different regimes of carbon accounting – ‘the national carbon sink’, ‘the carbon credit’ and ‘the personal carbon budget’ – to illustrate how stocks and flows of carbon are constructed as administrative domains amenable to certain forms of political and economic rationality, such as government regulation, market exchanges and self-governance by responsible individual subjects.
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