Understanding Abatement Costs: Environmental Remediation Expenses
Abatement cost is the term used to describe the expenses that companies incur when they remove a negative environmental hazard, that is a result of their regular operations. There are many hazardous byproducts that can be produced from the business operations of some companies.
The toxins can include the release of unwanted chemicals into the atmosphere in gas or greenhouse gases, fluid chemicals released into water systems, and excess wood or plastic or other debris that are the result of manufacturing. Another important abatement cost can be loud noises. Abatement costs can be expensive.
Stock basis
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