Sentences with phrase «overall societal cost»
The direct and indirect costs are then added up to provide the overall societal cost, usually expressed as a percentage of annual gross domestic product (GDP).
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«The overall significance is that although we already know that reducing methane emissions can bring great societal benefits via decreased near - term warming and improved air quality, and that many of the sources can be controlled at low or even negative cost, we still need better data on emissions from particular sources,» Duke University climate sciences professor Drew Shindell said.