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What are Abatement Costs?

 , December 07, 2015
Abatement costs are expenditures to reduce the pollution created by a business. It includes both clean ups such as the costs of cleaning an oil spill and modernizations such as reductions in carbon emissions at a factory. Abatement costs can result from either voluntary or compulsory actions.
In many cases, abatement costs can be significant and avoiding pollution from the start is the preferred strategy both from a cost and business ethics perspective.
Overview: Abatement Costs
TypeBusiness Cost
DefinitionExpenditures to reduce a harm caused by a business such as pollution.
Related ConceptsSustainability

Business Costs

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Capital Improvement
Fixed Costs
Friction Cost
Holding Costs
Intangible Cost
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Operating Expenses
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Overhead Costs
Relevant Cost
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