Topic: Adding externality costSubscribe | Previous | Next
Muhammad S 10/17/2014
1473 Views Dear
I have checked the box for externality cost from the basic parameter. but I could not see the input cell, where I could enter $/t Co2 emission cost to run for cost benefit with externality cost.
Taylor Binnington 10/17/2014
1472 Views Hi Muhammad,
Externality costs are entered at branches under the Effects part of the tree, which appears immediately underneath Key Assumptions.
You must first add each environmental effect, for which you want to specify an externality cost. Each effect will contain the variable 'Externality Cost', where you can specify any cost you like. These costs will then be counted anywhere in your model that the pollutant is emitted.
Good luck,
Taylor