Renewance - Asset Retirement Obligations Services

End-of-life battery recycling or treatment costs represent a substantial liability that is often overlooked. Many owners and operators of industrial batteries do not realize that, depending on the applicable jurisdiction, they are burdened by this obligation. Proper accounting practices require to provision for such liability. But how can you quantify the cost of such asset retirement obligation several years out while the battery and recycling technologies as well as the regulations are still evolving?