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Unformatted text preview: excessively easy to communicate the importance, need and consequences of this well within the public through information sessions and events. 5. On the left, we have all money saving measures and the total sum of all the heights is around 1210. We take 1210 from positive side and hence 20e tons of CO2 can be saved because at this point, Cost of left=Cost of right 6. Marginal Cost means Change in Cost. Measuring or calculating the benefits is useful to compare it with cost of spending. For example, If, benefit of spending more = cost of spending more, Then we should consider it until the cost is more than the benefit. If gas is $4.50/ gallon, then addition of $0.66 will lead to lower increase percentage in total cost of gas as compared to the rate of $2.00. Therefore, it is user dependent because they are the users using gas according to their personal needs and income....
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- Fall '08
- Economics, abatement potential, Cost Abatement Potential, McKinsey Figure