- Our Approach
In a traditional analysis, an industrial process takes inputs (e.g. materials, labour, power) and converts them into outputs – products and co-products – whose total economic value is higher than the cost of the inputs, thus generating profit. Comparable assessments of environmental aspects of systems have been undertaken through established techniques such as Life Cycle Assessment (LCA). The CVORR project is developing a combined technological, socioeconomic and environmental analysis methodology. It will integrate established techniques within a novel framework to give new insights into the creation and loss of complex value across multiple dimensions within resource management systems.