To preface, I am not trying to nitpick here. I am generally curious.
Is this a correct usage of amortization?
Is this a correct usage of amortization?
That spreading may come with its own costs, like interest, but that is not an essential component of amortization.
So to amortise the carbon cost we take the embodied carbon, plus the operation carbon over a time frame. If the operational carbon is negative we would expect that at some point it would break even.
So to help with the English, I don't think it makes sense to talk about the amortisation during the change over since that is just the embodied carbon. But I think it definitely makes sense to talk about the amortised cost over some other time period after the change over.