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Abatement Cost |
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Abatement Cost A cost borne by many businesses for the removal and/or reduction of an undesirable item that they have created. Abatement costs are generally incurred when corporations are required to reduce possible nuisances or negative byproducts created during production. Notes: Examples of abatement costs would be the pollution reduction costs of paper mills and noise reduction costs of manufacturing plants. |
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? Mentioned in | ? References in periodicals archive | |
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For Japan, one of the biggest challenges to reducing domestic
emissions is its abatement cost.
Cost-sensitive plants normally strive to adjust emissions to the point
where the marginal levy is equal to the marginal abatement cost. The objective of controlling pollution is to minimize the total
costs to society, where these costs include the damages from remaining
pollution and the abatement cost required to eliminate pollution. |
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Abatement Cost
