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THE ECONOMICS AND SUSTAINABILITY OF COMPOST AT NEW COLLEGE OF FLORIDA: A COST BENEFIT ANALYSIS

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Material Information

Title:
THE ECONOMICS AND SUSTAINABILITY OF COMPOST AT NEW COLLEGE OF FLORIDA: A COST BENEFIT ANALYSIS
Physical Description:
Book
Language:
English
Creator:
Smith, David
Publisher:
New College of Florida
Place of Publication:
Sarasota, Fla.
Publication Date:

Thesis/Dissertation Information

Degree:
Bachelor's ( B.A.)
Degree Grantor:
New College of Florida
Degree Divisions:
Social Sciences
Area of Concentration:
Economics
Faculty Sponsor:
Coe, Richard

Subjects

Genre:
bibliography   ( marcgt )
theses   ( marcgt )
government publication (state, provincial, territorial, dependent)   ( marcgt )
born-digital   ( sobekcm )
Electronic Thesis or Dissertation

Notes

Abstract:
This thesis is a cost-benefit analysis of the compost system at New College of Florida. During the spring semester of 2013, data were collected regarding the amount of food that was diverted from the waste stream and composted, as well as the amount of finished compost produced. Benefits to the system were calculated using the known cost of trash removal for the school, the value of the finished compost, and the estimated value of methane sequestration that occurs during the compost process. The cost of the system and operating expenses were then deducted from the benefits. The conclusion found that the current compost system is not economically efficient. Assuming a 0% discount rate, the system’s costs exceeded benefits by $1,706.75. A second cost benefit analysis was then conducted, which included potential improvements and future expansion for the system. This second analysis also assumed a 0%, 2%, and 4% discount rate to provide a lower, middle, and upper estimate of benefits that would accrue from the system. The analysis concluded that the compost system could potentially be economically efficient, with benefits exceeding costs by the amount of $39,197.76 assuming a 0% discount rate or $11,483.97 assuming a 4% discount rate.
Statement of Responsibility:
by David Smith
Thesis:
Thesis (B.A.) -- New College of Florida, 2014
General Note:
RESTRICTED TO NCF STUDENTS, STAFF, FACULTY, AND ON-CAMPUS USE
Bibliography:
Includes bibliographical references.
General Note:
This bibliographic record is available under the Creative Commons CC0 public domain dedication. The New College of Florida Libraries, as creator of this bibliographic record, has waived all rights to it worldwide under copyright law, including all related and neighboring rights, to the extent allowed by law.
General Note:
Faculty Sponsor: Coe, Richard

Record Information

Source Institution:
New College of Florida
Holding Location:
New College of Florida
Rights Management:
Applicable rights reserved.
Resource Identifier:
Classification:
S.T. 2014 S65
System ID:
AA00024813:00001

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