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:
“For the myth is the foundation of life; it is the timeless schema, the pious formula into which life flows when it reproduces its traits out of the unconscious.”
—Thomas Mann (1875–1955)
“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)