From LCC to LCA Using a Hybrid Input Output Model – A Maritime Case Study

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 alig...

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Bibliographic Details
Published in:Procedia CIRP 2015, Vol.29, p.474-479
Main Authors: Kjær, Louise Laumann, Pagoropoulos, Aris, Hauschild, Michael, Birkved, Morten, Schmidt, Jannick H., McAloone, Tim C.
Format: Article
Language:English
Subjects:
Environmental Input Output
LCA
LCC
Life cycle thinking
Shipping
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Summary: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.
ISSN:2212-8271
2212-8271
DOI:10.1016/j.procir.2015.02.004