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Please written by computer source Suppose the government is considering implementing a carbon capture scheme that will reduce future carbon dioxide emissions in a suburb
Please written by computer source
Suppose the government is considering implementing a carbon capture scheme that will reduce future carbon dioxide emissions in a suburb of Birmingham. The scheme will cost 400 million today and will take 2 years to implement. Once operational, the scheme will cost 3 million per annum to maintain, but will generate 18 million per annum in benefits. The scheme will be in operation for 70 years. Using a 3.5% discount rate, determine whether the government should invest in the scheme.
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