|  |  | Full Cost Accounting of Renewable Energy Systems
Date Approved: 2/17/04
Amount: $38,506
Leads: Steve Polasky, Professor - Department of Applied Economics,
David Tilman, Regents Professor - Ecology/Evolution/Behavior, and
Jennifer Kuzma, Associate Director - Center for Science, Technology and
Public Policy
Contact Person: Steve Polasky, Professor, Department of Applied Economics
Benefits and Deliverables:
The researchers will produce a compilation and summary of full cost
accounting studies in three areas: the use of biomass as a source of
energy and products, the use of fossil fuels, and the use of wind,
solar and other renewable energy systems.
Description: The researchers will define a set of rules to apply in the conduct of full cost accounting of energy technologies and begin to apply these rules to account for the complete life-cycle direct and external cost associated with renewable energy methodologies proposed by other clusters within IREE.
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