Cost–benefit analysis (CBA), also known as benefit–cost analysis, is rooted in applied welfare economics. It is a way of organizing and analyzing data as an aid to thinking. It provides a set of procedures for comparing benefits and costs and is traditionally associated with government intervention and with the evaluation of government action and government projects. The underlying rationale for CBA is rational choice; that is, a rational agent will weigh the costs and benefits of any proposed activity and will only undertake the activity if the benefits exceed the costs. (more…)
The first step in categorizing potential benefits and costs is determining the relevant scope of the analysis. We have concluded th ...
Energy efficiency is defined here to mean energy services provided per unit of energy input (for example, gallons of water hea ...
ISO document 14040 identifies four areas for using life cycle analysis (LCA) results: (1) identifying opportunities to improve ...
Recently, attention to energy efficiency has been gaining momentum. The attention given by policy maker is mainly due to concer ...
The question has long been not whether or not to reduce air pollution, but by how much and by what means. Since the extent of t ...
Heating and Cooling systems can be a major contributor to a homes energy costs and associated greenhouse gas emissions. For some homes, just keeping the place comfortable can mean leaving the heater or air conditioner on for the majority of the day - using a lot of energy in the process! Save energy and reduce your greenhouse gas emissions by: (more…)
In today's day and age there are millions of people who generate their own green energy at home by learning how to build windmills ...
Wind is a natural and inexhaustible source of energy, wind does not have to be imported or mined from deep down the earth. Wind ...
Spring is here, which means that the summer heat is already here in Arizona. We all know how essential having an effective air ...
The main reason why there is an on and off attempt of oil prices is due to depletion of our conventional energy. Our fossil fue ...
Ceiling fans are a popular room addition; comfort can be easily obtained with a flip of a switch. An immediate cooling breeze is cr ...
