"Societal benefits" refers to the positive impacts or advantages that are gained by the entire community or society as a whole. These benefits can include improvements in people's lives, such as increased well-being, safety, education, healthcare, or economic prosperity that benefit everyone in the society.
Full definition
The bill would also change the state's procedures for determining cost - effectiveness of programs, eliminating any consideration of the long -
term societal benefits that energy efficiency provides to customers.
In 2020, the
net societal benefits of pursuing these reductions in carbon emissions and other harmful pollutants are 2.6 times greater than the consumer compliance costs, or nearly $ 36 billion.
Some analysts project enormous long - term benefits to participants from publicly funded «universal» pre-K as well
as societal benefits and taxpayer savings.
Many of these strategies offer a variety of benefits, protecting people while combating climate change and providing
other societal benefits.
Some say that
ignoring societal benefits and increased racial equality, in favor of the current legal reasoning of a diverse learning environment, doesn't matter.
There are
major societal benefits, at least on paper, with self - driving cars as far as traffic safety, the environment, traffic, efficiency.
The results of this study are among the many individual and
societal benefits of consumer bankruptcy commonly identified in legal literature.
Because ultimately, smart businesses want to see their capital invested in ways that return both profits and other long -
term societal benefits.
For the study, MAbs were rapidly produced in tobacco plants in as little as ten days, giving promise to change the image of scourged product that causes lung cancer into a manufacturing system
for societal benefits against infectious diseases.
@Pearl I think there both forms of prostitution, but then again, I think (in our society) so is marriage (womben get married usually to be more financially secure & receive
societal benefits in exchange for being a «wife»).
He added: «Plastics bring
many societal benefits, but it is also clear that accumulation of end - of - life plastics represents a waste management problem.
«Even when accounting for the
broader societal benefits of energy efficiency investments, the costs still substantially outweigh the benefits,» the report concluded.
«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.
Smith also understood the value of supporting the patenting and licensing of Princeton discoveries, allowing innovations
with societal benefit to reach the marketplace, said John Ritter, director of the Office of Technology Licensing.
The USGCRP Office has also provided staff support for this «new interagency cross-cutting group on climate change and human health, which is an effort that will serve to examine the potential for programmatic reorganization around
societal benefit areas, such as recommended by the NRC.»
In fact, it's taxing the nation's future entrepreneurs, educators, and scientists, who are increasingly focused
on societal benefits but can't afford to pay for their education out of pocket.
«There is a broader
societal benefit here and fundamentally that's the kind of thing I'm attracted to,» Harford said in an interview.
Driverless car road trials could lead to
huge societal benefits — providing they tackle the big issues: acceptance, liability and safety, says IET.
The idea that individual freedom would allow for harmony and
mutual societal benefit, by the way - which is tempting to interpret as everyone acting in their own self - interest - is quite reminiscent of Adam Smith's invisible hand, although I'm reluctant to make any close connections.
Many consumer electronic gadgets have
limited societal benefit, and most are quickly supplanted by some next - generation thing.
This led him to speculate that if academic careers were less linear, defined less by narrow metrics such as citation counts and grants and more by
wider societal benefits such as outreach activities and teaching quality, «there would be more diversity and thus innovation in the system.»
Robust investments in R&D and education are essential if we want to create jobs, stimulate economic growth, and unlock
untold societal benefits.
A connection between innovators and policymakers will be more important within the next decade, he said, and it will require policy frameworks to ensure that potential risks are managed to
reap societal benefits, particularly as it concerns the «Internet of Things» technologies and smart cities or even issues like smartphone encryption.
After winning a Starting or Consolidator Grant, group leaders will be eligible to apply for Proof of Concept Grants, which provide a further $ 150,000 over 18 months to pursue promising commercial or
societal benefits emerging from an ERC project.
Consistent with the academic literature on social capital, it appears that urban Catholic schools, thanks to their longstanding positive contributions to their communities, have
extensive societal benefits.
An outcomes - based accountability model would look
at societal benefits as well, such as increased participation and success in postsecondary education, decreased unemployment, lower welfare participation, and improved public health, which could be measured over the long - term and in local communities.
She also states that, for the shelter population, «
Societal benefit resulting from gonadectomy of unowned dogs and cats in the United States outweighs all other concerns.»
To this end, it examines to what
extent societal benefits − defined as those that accrue to the national economies when shifting away from fossil fuels − are large enough to justify the eventual wholesale entry of NRETs including solar, geothermal and wind.
They can frame the issue the issue in terms of national security, religion, public health, or economics — with emphasis on policies that would lead to
societal benefits rather than sacrifice and hardship.
In 2014 alone, ENERGY STAR and its partners provided more than $ 11 billion in
societal benefits due to reducing damages from climate change.
The proper calculation for the Pigovian fee on carbon emissions is; C (total societal cost of emissions)- B (
total societal benefit of emissions) = optimal fee for emitting.
Following a fundraiser in January 2018, Poseidon will source carbon credits through Ecosphere +, a venture founded by the Althelia Climate Fund, which finances a range of high - quality environmental assets around the world with
measurable societal benefits, including in particularly vulnerable ecological zones, such as Brazil, Guatemala and Peru.