Abatement Cost

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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SB 247 also would set aside $3 million to reimburse landlords for 75 percent of abatement cost, and the total cost if the property owner can demonstrate financial need.
Similarly, equation (4) may be viewed as the polluter's marginal abatement cost (MAC) set of points, a negatively sloped relationship.
Thus, use of the tax bill is an attractive option for nuisance abatement cost recovery in that it is both efficient and effective when other attempts to collect on a bill have failed.
59) Although trading reduces abatement cost, relative to a
Firms can invest in a new end-of-pipe technology that enables them to reduce the cost of abating emissions from the abatement cost function c(e) to the function [theta]c(e).
Dalehite, Mikesell, and Zorn (2005) offer a categorization of differences in state and local government abatement programs in the United States based on: (1) authority that grants abatement, (2) level of government bearing abatement cost, (3) type of property that is abatement eligible, (4) criteria the firm must meet to receive abatement, (5) specific form of abatement, (6) property type receiving the abatement exemption, (7) maximum percentage value of abatement to normally due property taxes, maximum years abatement granted, and (8) special consideration given for abatement termination (claw back).
And therefore, the aforementioned optimal tax determines the application of strategic policies under specific conditions that are related to the structure of costs of the firms, specifically the amount of the abatement cost by unit of pollution and its relation with the marginal disutility of polluting.
It also presents the intimate relationship between the EKC and the evolution of each type of pollution abatement cost and a set of strategic options for flattening the EKC, proving that, if applied correctly, these strategic options could determine the achievement of environmental compliance at a lower level of GDP per capita.
With a full third of compliance obtained from allowance trade with the US, the abatement cost differentials between the two countries, at least under these scenarios, would suggest that linked trade is a very important flexibility mechanism.
Census Bureau, 2008 "Pollution Abatement Cost and Expenditures, 2005.