(LESLIE E. KOSSOFF/AP) By Ashley Halsey III By Ashley Halsey III April 29, 2014. With pressure mounting to avert a transportation funding crisis this summer, the Obama administration Tuesday opened the door for states to collect tolls on interstate highways to raise revenue for roadway repairs.
Avoided Cost. Avoided cost analysis is a widely accepted method for estimating the economic benefits associated with renewable energy, energy efficiency, or conservation programs. Naturally, the term âavoided costâ refers to the cost no longer incurred as the result of a project or action.
Therefore, a carbon-free energy future is an expensive energy future. According to the U.S. Department of Energy, annual global greenhouse gas emissions need to be reduced by 30.3 gigatons a year by 2050 to reduce emissions by 50 percent by 2050.