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Date: 2025-02-07 Page is: DBtxt001.php txt00011520 |
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Burgess COMMENTARY | ||||||||||
Total Cost Assessment Methodology Total Cost Assessment was developed in 1991 by the Tellus Institute for the EPA and New Jersey Department of Environmental Protection. It is based on methods and programs developed by GE to better select and justify waste management investment decisions that are environmentally sound and reduce long-term liabilities. A sequence of studies provided the theoretical background for Total Cost Assessment. Later, the AIChE developed a full methodology around the TCA concept. The AIChE methodology is described here.
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