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Raw Material Extraction / Harvest. UVM BUILT Capital. Industry. Social Capital. Final Demand. Product Manufacture. 1 2 . i . . n. Human Capital. Purchases of goods/services from industry 2 by industry i. Household/Govt Consumption, IM-EX. Natural Capital.
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Raw Material Extraction / Harvest UVM BUILT Capital Industry Social Capital Final Demand Product Manufacture 1 2 . i . . n Human Capital Purchases of goods/services from industry 2 by industry i Household/Govt Consumption,IM-EX Natural Capital Industry 1 2 . i . . n ProductDistribution AIKEN BUILT Capital Total Output/Revenue of Industry i Social Capital Human Capital Construction Natural Capital Sales of goods/services to industry 2 by industry i Operation & Maintenance Value Added Tax, Labour & Profit/Loss Recycle & Disposal Total Inputs/Costs + Profit/Loss ofIndustry i VERMONT BUILT Capital Social Capital Decrease in welfare Increase in welfare Depreciation / Depletion Costs Appreciation / Accumulation Benefits Human Capital Natural Capital Project Stakeholders Structure Function Structure Budget Aiken Design Process THE GREENING OF AIKEN RESULTS Material Assessment & Evaluation: • PURPOSE OF OUR RESEARCH • Raise profile of Material Assessment in Eco Design • Construct Materials Calculator • Highlight 4 Capital Source of Welfare • Calculate the Full Cost of ‘Greening Aiken’ • Illuminate Return on Investment of Eco Design • Provide Data Input to Simulation Model • Provide a compass for the wider Greening of UVM Full Cost & Benefit Accounting RESULTS Material Comparison INSULATION: Mineral Wool or Cellulose? METHODOLOGY: Hybrid ‘INPUT OUTPUT’ Analysis RESULTS Project Evaluation RESULTS Data Input for Simulation Modeling • Conclusions • Material private costs approximately 75% of Full Cost • Green House Gases the overriding impact • Material production impact a less understood component of ecological design • The ‘heavy’ eco design scenario is the favorable investment • Recommendations • Full Cost & Benefit Accounting (FCBA) should be integral to the Eco Design and wider ‘Greening of UVM’ process. • FCBA enables decision makers to understand the wider impacts of their intentions in a comparable and quantifiable manner. • In greening Aiken and UVM, a strategic compass is required - FCBA provides this compass. • FCBA is an umbrella framework, that would allow all UVM departments to compare and track their progress toward sustainability. ECOLOGICAL DESIGN STUDIO | Profs. John Todd and Robert Costanza. GROUP MEMBERS: Juan P. Alvez | Eric B. Cyzner | Lauren A. Hibbard | Shane M. Murphy | Daniel Lopez Dias | THE UNIVERSITY OF VERMONT