The following quote from MTW's "Gravitation" $20.4 "Why the energy of the gravitational field cannot be localized" may be of some help.
Omitted is an introduction in which the autors introduce a 'straw-man' approach to gravitational energy using pseudotensors that the authors proceed to shoot down.
MTW said:
To ask for the amount of electromagnetic energy and momentum in an element of 3-volume makes sense. First, there is one and only one formula for this quantity. Second, and more important, this energy-momentum in principle "has weight." It curves space. It serves as a source term on the righthand side of Einstein's field equations. It produces a relative geodesic deviation of two nearby world lines that pass through the region of space in question. It is observable. Not one of these properties does "local gravitational energy-momentum" possess. There is no unique formula for it, but a multitude of quite distinct formulas. The two cited are only two among an infinity. Moreover, "local gravitational energy-momentum" has no weight. It does not curve space. It does not serve as a source term on the righthand side of Einstein's field equations. It does not produce any relative geodesic deviation of two nearby world lines that pass through the region of space in question. It is not observable.
Anybody who looks for a magic formula for "local gravitational energy-momentum" is looking for the right answer to the wrong question. Unhappily, enormous time and effort were devoted in the past to trying to "answer this question" before investigators realized the futility of the enterprise. Toward the end, above all mathematical arguments, one came to appreciate the quiet but rock-like strength of Einstein's equivalence principle. One can always find in any given locality a frame of reference in which all local "gravitational fields" (all ChristofTel symbols disappear. No Christoffel symbols means no "gravitational field" and no local gravitational field means no "local gravitational energy-momentum."
Let me paraphrase the argument. If you consider some 1m^3 volume on the surface of the Earth, if you use usually coordinates of static objects, there is a gravitational field in the form of the Christoffel symbols present. I will try to explain the techincal language by saying the Christoffel symbols represent, among other things, the weight you read on a scale, or the weight you feel on your rear when you sit in a chair. In short, what most people think of as "gravity", the same notion that Newton had, of gravity as a force.
However, we can equally imagine a free-falling observer. This observer won't feel any "gravitational field" - they will feel second-order tidal forces, but, being in free fall, they won't feel any weight pulling them down in their chair.
In Newton's theory, the force of gravity is an actual force, and you can look at what work this force does. In GR, gravity is curved space-time, and you can always find an observer, moving along a geodesic, who doesn't experience any force. One of the important features of the theory is its observer independence, there point is there isn't any formulation of the "gravitational field" in the sense of forces you feel on your backside that is observer independent, so trying to leverage off the Newtonian ideas doesn't get anywhere. The basic issue is that GR is observer independent, while the concept of weight (technically, Christoffel symbols) is not.
Back to MTW:
Nobody can deny or wants to deny that gravitational forces make a contribution to the mass-energy of a gravitationally interacting system. The mass-energy of the Earth-moon system is less than the mass-energy that the system would have if the two objects were at infinite separation. The mass-energy of a neutron star is less than the mass-energy of the same number of baryons at infinite separation. Surrounding a region of empty space where there is a concentration of gravitational waves, there is a net attraction, betokening a positive net mass-energy in that region of space (see Chapter 35). At issue is not the existence of gravitational energy, but the localizability of gravitational energy. It is not localizable. The equivalence principle forbids.
This is the part that says even though we can't come up with an observer independent notion of "the gravitational field", much less any way to come up with "how much energy the gravitational field has", we can't ignore the whole idea of "gravitational energy" and get an overall conserved quantity.
What we are left with is that there are ways to get a conserved quantity, but they numbers we get are not observer independent when we consider some specific locatoin - we can't assign the gravitational energy (that we need to include to have a conserved quantity) any specific location, the best we can do is come up with an overall number. This is the case, at least, without specifying some particular "preferred class" of observers. We need to include it to have the books balance, but the detailed assignment of energy we get when we do this is different for different observers.
There are some interesting ideas which I would loosely describe as specifying a preferred class of observers, the so-called "De-donder gauge". See for instance
http://ptp.oxfordjournals.org/content/75/6/1351.full.pdf. I'm not sure how popular this idea is, I suspect not very because it seems to be limited to advanced papers rather than something you read in your average GR textbook. If you read a textbook on GR, you'll probably see something about ADM, Bondi, and Komar masses, but not little or nothing on the DeDonder gauge. But on the plus side, my understanding is that you get a notion of energy that's defined without the special requiremcan coents (of asymptotic flatness or stationary space times. Furthermore, when you do have these special requirements met, you get comparable numbers to the ADM, Bondi, and Komar formulae. I'm afraid I'm not quite sure if the "comparable numbers" are exactly the same. There are a few details of the comparsion process that need to be specified, at a minimum one would need to compensate for the fact that the Bondi approach doesn't include the energy stored in gravitational waves.