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Requirement 1. If Albright reduces emissions by 1% each quarter, beginning with the second quarter of

2021, will the company reach its goal of 454,000 metric tons by the end of 2022?

(Round all intermediary calculations and the amounts you input in the cells to the nearest dollar.)

Begin by calculating the quarterly emissions for each quarter through the end of 2022.

	Quarterly emissions
Quarter	(metric tons)
2021 Q1
2021 Q2
2021 Q3
2021 Q4
2022 Q1
2022 Q2
2022 Q3
2022 Q4

Part 2

Will the company reach its goal of 454,000 metric tons by the end of 2022?

No, Albright will not Yes, Albright will reach its goal of 454,000 metric tons by the end of

2022.

Part 3

Requirement 2. What would be the net financial cost or benefit of their plan? Ignore the time value of money. (Use parentheses or a minus sign to show a net benefit.)

Net cost (benefit) of plan

Part 4

Requirement 3. What factors other than cost might weigh into Albright's decision to carry out this plan? What do you recommend Albright to do?

Avoidance of the EPA fine

should

should not

be the company's sole motivation in carrying out this plan. Reducing carbon emissions

has no impact on the environment

is good for the environment, and will contribute to a smaller impact on climate change

is too costly and may not contribute to a smaller impact on climate change

.

Albright may be able to

share this plan with the public to gain favorable publicity petition the EPA for a waiver

.

Albright could choose to end this plan at the end of 2022, and

still avoid the EPA fine pay the EPA fine

;

however, company management

has no obligation to reduce carbon emissions should strive to continue reducing carbon emissions if they have the technology to do so.

Total cost to reduce carbon emissions	$9 per metric ton reduced in 2022 below 480,000 metric tons
Fine in 2022 if EPA guidelines are not met	$202,000

Answer & Explanation Solved by verified expert

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