Program analysis methodology Office of Transportation Technologies 2003 quality metrics final report. Page: 66 of 93
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Exhibit 4-12: Aggregate Capital Expenditures
(Billions of 1999$)
YEAR GM Ford Chrysler "Big 3"
1997 $10.6 $8.3 $5.3 $24.2
1996 $10.4 $8.6 $4.8 $23.8
1995 $9.5 $9.3 $3.9 $22.7
1994 $6.1 $9.1 $4.2 $19.4
1993 $5.9 $7.6 $3.4 $16.8
1992 $6.1 $6.6 $2.6 $15.3
1991 $6.9 $6.8 $2.6 $16.44.2.3 Costs of Various Pollutants
The criteria pollutant emissions reduction values were calculated using an EPA estimate
developed in 1990 which sets the costs of environmental controls at $380/ton for CO, $3,840/ton
for HC and $3,460/ton for NOX (Ref. 25). Costs in Reference 25 were modified to reflect 1999,
dollars.
Various CO2 control cost estimates are indicated in Exhibit 4-13. Control costs are used instead
of damage costs due to the great difficulty of calculating damage costs. These costs represent the
"value" of reducing CO2 emissions.
For the QM 2003 evaluations, a low-end value of $15/metric ton (tonne) of CO2 reduction was
utilized. This equates to $55/metric ton of carbon reduced. Note that the QM benefit values
(carbon reduction) relate to fuel economy/conservation effects only.OTT Program Analysis Methodology
Quality Metrics 2003- 51 -
March 2002
Final Report
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Patterson, P.; Moore, J.; Singh, M. & Steiner, E. Program analysis methodology Office of Transportation Technologies 2003 quality metrics final report., report, September 12, 2002; Illinois. (https://digital.library.unt.edu/ark:/67531/metadc741488/m1/66/: accessed April 23, 2024), University of North Texas Libraries, UNT Digital Library, https://digital.library.unt.edu; crediting UNT Libraries Government Documents Department.