Developing a Metric for the Cost of Green House Gas Abatement
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2017-02-28
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Abstract:The authors introduce the levelized cost of carbon (LCC), a metric that can be used to evaluate MassDOT CO2 abatement projects in terms of their cost-effectiveness. The study presents ways in which the metric can be used to rank projects. The data are summarized from a set of MassDOT projects, and an LCC of the projects is calculated. Findings show that the most cost-effective projects in this data set are dominated by Traffic Operations Projects, when co-benefits are ignored.
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