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
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