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Abatement Cost

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Abatement Cost
The expense a business incurs as a result of cleaning or removing an undesired byproduct of its goods and services. Abatement cost is often associated with large manufacturing plants that must abide by environmental standards or city noise ordinances. However, it may apply to a small business also. For example, a dental office must bear the cost of disposing of medically hazardous material.


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Yet some of the other popular proposals have abatement costs that exceed their benefits.
The latest version of the McKinsey global carbon abatement cost curve identifies opportunities to stabilize emissions by 2030 at 1990 levels, or 50 percent below the "business as usual" trend line.
 
 
 
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