The Formula
C = ((Va × Ea) + (Vo × Eo)) / L
| Symbol | Meaning | Units |
|---|---|---|
| C | Weighted average cost of carbon | currency |
| Va | Volume of carbon abated through internal projects and demand reduction per annum | tons/pa |
| Ea | Averaged annual expenditure to achieve 'Va' over life of projects | currency |
| Vo | Volume of purchased carbon offset per annum | tons/pa |
| Eo | Expenditure per annum to acquire 'Vo' | currency |
| L | Total carbon liability per annum | tons/pa |
Read more about this topic: Weighted Average Cost Of Carbon
Famous quotes containing the word formula:
“I feel like a white granular mass of amorphous crystals—my formula appears to be isomeric with Spasmotoxin. My aurochloride precipitates into beautiful prismatic needles. My Platinochloride develops octohedron crystals,—with a fine blue florescence. My physiological action is not indifferent. One millionth of a grain injected under the skin of a frog produced instantaneous death accompanied by an orange blossom odor.”
—Lafcadio Hearn (1850–1904)
“In the most desirable conditions, the child learns to manage anxiety by being exposed to just the right amounts of it, not much more and not much less. This optimal amount of anxiety varies with the child’s age and temperament. It may also vary with cultural values.... There is no mathematical formula for calculating exact amounts of optimal anxiety. This is why child rearing is an art and not a science.”
—Alicia F. Lieberman (20th century)