Environmental Life Cycle Costing

Balances Scientific and Economic Points of View to Thoroughly Address Management Issues Responding to the need for clarification and benchmarks, Environmental Life Cycle Costing provides the fundamental basis on which to establish a definitive methodology. Clearly defining environmental LCC, this book balances scientific and economic points of view and thoroughly addresses the management perspective. Demonstrates the Process From Problem Definition to Analysis, to Presentation The book focuses on environmental LCC but also analyzes conventional LCC and societal LCC, providing case studies for each. It presents the link between life cycle costing and life cycle assessment and then explores public, private, and societal options. The book also explains all components of the method using the cross-cutting example of a washing machine. It also provides categorizations that permit the method to be adapted or streamlined as a function of the time available to the practitioner. Case study boxes demonstrate the process for carrying out an LCC, from problem definition to analysis and ultimate presentation to the decision maker. Experts Integrate Conventional Thinking with Emerging Ideas Environmental LCC summarizes all costs associated with the life cycle of a product regardless of who bears those costs. It includes present and future money flows as well as those to be internalized in the decision relevant future. A collaboration of experts at the forefront of research, this book ties conventional thinking on life cycle costs into emerging theory and practice by including environmental and social cost analyses and linking LCC to the environmental and social pillars of sustainability.