R&D decision support by parallel assessment of economic, ecological and social impact -- Adipic acid from renewable resources versus adipic acid from crude oil

Cecilia Makishi Colodel, Thilo Kupfer, Leif-Patrik Barthel and Stefan Albrecht

Ecological Economics, 2009, vol. 68, issue 6, 1599-1604

Abstract: The concept of eco-efficiency has largely been applied along these years. This study proposes the earlier application of this concept, namely the R&D stage of a product. Together with the economic and ecological assessment, the social impacts were analysed in the production of adipic acid from renewable resources. Conventional adipic acid based on crude oil served as a benchmark. The work was carried out within the frame of the EU funded project BIOFOAM. The ecological aspects were addressed in the Life Cycle Perspective by performing a Life Cycle Assessment. The economic impacts were assessed by the application of the Life Cycle Costing under a 'total production cost' perspective. In this case, the addressee is interested in several steps of the value chain, but only of the steps that are related to the consortium as a single player in the value chain. The Life Cycle Working Environment method was used to assess the social impacts. Data sources were based on the project consortium, literature and statistics. Despite of the fact that the conventional routes still outperform the new bio-source based adipic acid, the application of this methodology has shown as successful way of identifying problem fields and paving further research.

Keywords: Eco-efficiency; Life; cycle; analysis; Life; Cycle; Costing; Life; Cycle; Working; Environment; Adipic; acid; Renewable; resources (search for similar items in EconPapers)
Date: 2009
References: View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolec:v:68:y:2009:i:6:p:1599-1604

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