This tool allows project managers to factor in the price of carbon when evaluating greenhouse gas reduction projects.
The Carbon Value Analysis Tool (CVAT) is a screening tool to help companies integrate the value of carbon dioxide emissions reductions into energy-related investment decisions. The tool has two main purposes:
CVAT estimates direct and indirect emissions reductions using standards developed by the GHG Protocol Initiative. CVAT can also run a Monte Carlo analysis for key project variables such as carbon value, providing insights into the possible range of a project’s IRR.
To analyze a project, CVAT asks for four types of information:
CVAT is designed for use by many types of professionals, including project managers, engineers and energy managers in large companies.