As companies try to embrace life cycle thinking, Life Cycle Assessment (LCA) and Life Cycle Costing (LCC) have proven to be powerful tools. In this paper, an Environmental Input-Output model is used for analysis as it enables an LCA using the same economic input data as LCC. This approach helps align LCA and LCC while avoiding cut-offs in the LCA. The efficacy of the method is illustrated by a real case study of a tanker ship.
Bibliografisk note© 2015 The Authors. Published by Elsevier B.V. This is an open access article under the CC BY-NC-ND license
- LCC, LCA, Shipping, Environmental Input Output, Life cycle thinking