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Re: Accounting for external costs



Marcus,

This is a response I got from one of my co-workers.  I hope it helps.

> -----Original Message-----
> From:	Weitz, Keith A. 
> Sent:	Thursday, October 29, 1998 8:41 AM
> To:	Cornstubble, Dean R.
> Subject:	RE: Accounting for external costs
> 
> Dean,
> 
> Please post this response back to P2 Tech.
> 
> ----------------------------
> 
> Marcus,
> 
> There has been a lot of work done to estimate and incorporate external
> costs in the utility sector.  For example, Ontario Hydro in particular has
> done a large amount of research and development in this area.  We (RTI)
> have recently completed an external costing guide as part of a larger
> benefit/cost estimation guide for Federal Facilities.  It basically
> expands the boundaries of something like P2 Finance to also account for
> external costs.  In the guide, we provide estimates for external costs by
> air and water pollutants (in 1997$/ton pollutant) as well as for solid
> waste disposal and combustion (in 1997$/ton solid waste).  For now, this
> is in draft form but should be finalized in the next couple of months.
> Feel free to contact me if you would like additional information.
> 
> Keith A. Weitz
> Research Triangle Institute
> 3040 Cornwallis Road
> Research Triangle Park, NC 27709
> Ph:  919-541-6973
> Fax:  919-541-7155
> Email:  kaw@rti.org
> 
> 
> 
> 	----------
> 	From: 	Cornstubble, Dean R.
> 	Sent: 	Thursday, October 29, 1998 8:07 AM
> 	To: 	Weitz, Keith A.
> 	Subject: 	FW: Accounting for external costs
> 
> 	Copy me on your response, if you give one.
> 
> 	-----Original Message-----
> 	From: marcus j healy hazt fac/staff
> [mailto:healey@megahertz.njit.edu] 
> 	Sent: Thursday, October 29, 1998 7:15 AM
> 	To: p2tech@great-lakes.net
> 	Cc: marcus j healy hazt fac/staff
> 	Subject: Accounting for external costs
> 
> 
> 	Folks:
> 
> 	Is anyone aware of books, journal articles, software, URLs, contacts
> with
> 	regard to accounting for external costs? I am aware of P2Finance,
> which is
> 	primarily about accounting for internal costs, but am interested in
> 	finding out what work has been done/is being done in the area of
> 	estimating external costs. 
> 
> 	Example: Estimating external (public, not private) costs associated
> with
> 	second hand smoke.
> 
> 	Thanks,
> 	Marcus Healey
> 	healey@megahertz.njit.edu
>