Social and Economic Benefits and Risks

1. Social and Economic Benefits and Risks By Alex, Tuesday, Tasha, Jess, Poppy and Harry

2. Green chemistry has the potential to improve both industry and society, it can also increase efficiency, cut costs, and help to avoid the dangers of hazardous chemicals.

3. Costs • The building will cost a lot of money to create. • The use of land, by the chemical industry, will take up space that could otherwise be used for farming, shops or for housing development; if this is not successful the business could lose money. • Money spent on repairing the environment after being damaged by the chemical waste would be expensive.

4. Benefits • If you use the principles of green chemistry in your business and apply clean technology: you could improve efficiency, reduce waste and produce safer chemicals. It could also help you comply with existing and future laws and a growing list of restricted substances and materials. • The town or place where the industry is creating the product will benefit from many new jobs for the citizens. • People who work at the location of an industrial plant will live around the area so the business surrounding the plant will have a constant flow of customers and visitors. • People who work at the location of an industrial plant will live around the area so the business surrounding the plant will have a constant flow of customers and visitors.

5. Sustainability Sustainability of any chemical process depends on: • Whether or not the feed stock is renewable; • The atom economy; • The nature and amount of by-product or waste; • The energy inputs or outputs; • The environmental impact; • The health and safety risk; • The social and economic benefits; • Its profit.

6. Socioeconomic Table • Examples of social and economic benefits and risks are:

7. Thanks for listening