An abatement cost is a cost borne by firms when they are required to remove and/or reduce undesirable nuisances or negative byproducts created during production.
- Abatement costs are the costs associated with **removing negative byproducts** created during production.
- Abatement costs are commonly incurred for things like cleaning up pollution after a spill and are levied by governments seeking to **mitigate negative environmental impacts.**
### So What
> Firms that have great efficiency + innovative w/ their [[Land Rehabilitation]] will have lower [[Abatement costs]]