While implementing environmental regulations may seem like an ethical choice, these standards could slow economic growth and hinder competition in society. In an article written by Craig Loehle and Erik B. Schilling titled “Beyond the low-hanging fruit: how should policymakers judge environmental regulations when marginal costs are rising and marginal benefits are falling?” Loehle and Schilling report the findings of a study conducted on the EPA’s current regulations. As Loehle and Schilling explain, the study shows the effects of the EPA’s regulations that attack obvious pollution issues. In the first 30 years after the EPA’s debut, these regulations negatively affected competitiveness and industrial profitability. Some of the EPA’s recent regulations have even higher costs (2). In other words, Loehle and Schilling are maintaining that many of EPA’s most basic regulations impede economic progress. This is not to say that all environmental regulations impair the economy, but rather to say that the most obvious solutions to ecological problems may be a drag on society’s progress. Nevertheless, the data shows that the enactment of stricter …show more content…
government’s regulations have little to no effect on the environment. In the article “The Many Problems Of The EPA’S Clean Power Plan And Climate Regulations: A Primer”, Nicolas Loris provides a surprising perspective of U.S. environmental policy. Loris himself claims that, in the U.S., electricity generation accounts for the largest source of carbon dioxide emissions. He then goes on to add that reducing this source of carbon dioxide would have a minuscule effect on a worldwide scale. On top of this, even if the U.S. cut all of its greenhouse gas emissions, it would not slow the effects of global warming (Loris 5). In other words, Loris claims that even if the U.S. were to enact stricter regulations, pollution from other countries would overshadow any potential
There have been positive attributes from the regulations. One of the positive effects on businesses is that enhanced environmental security has allowed for more investors to start trade in the regions with effective regulatory measures. This is because increased regulatory measures have resulted in the investors gaining not only positive returns, but also consumer trust due to their compliance (Lieberman, 2010). Therefore, there has been significant growth in investment; however, the negative influences have managed to cover these positive influences. The government has also managed to generate substantial amounts of money from the charges and used them in establishing a friendly environment for other potential investors.
Due to its scientific evidence and less bias author, I believe the article ‘EPA Pamphlet’ to be the more truthful and accurate of the two. The author states many pieces of scientific evidence to support his view on the state of pollution in Lake Erie. The authors of the article ‘So Long, Lake Erie’ have no scientific background and cannot use as many solid facts about the pollution, where it comes from, and how dangerous it is. Also, none of them work for the government, so probably have less of an idea about all the things that are being done to help save Lake Erie. The author of the EPA Pamphlet does in fact work for the government, and chose to focus on not only how the pollution to the lake is extremely harmful, but also how the public
The citizen suit provision of the Clean Water Act is an important tool to protect and improve rivers, creeks, streams, and wetlands especially as state agencies may not have the resources to conduct regular water quality monitoring on every water body. Citizen involvement in monitoring and reporting pollution problems is key to watershed protection; hereby helping the government enforce the laws.
Officials in the Obama administration are nearly ready to unveil their unprecedented regulation of the oil and gas industries by ordering the reduction of methane emissions in the United States by 40 to 45 percent within the next ten years. Such a drastic alteration would significantly change how natural gas is produced and consumed and transform the entire electric industry in the country, potentially shifting its reliance on fossil fuels to renewable sources of energy. Though methane constitutes only nine percent of emissions, far less than carbon dioxide, it has over twenty times the effect toward global warming as carbon dioxide has and is therefore important to regulate. Also, the Obama administration has initiated reductions in emission
. I think it was necessary to implement EPA as people get discriminated against gender. In our society, you will find that some workplaces are women centric while males dominate others. In some jobs, male get paid more as compare to women. On the other side, in some jobs women get paid more as compare to man. This laws plays a role to disappear the gender gap in wages and pay both gender equally.
Environmental scanning can be viewed as a way of acquiring information about outside events that can aid organizations in first identifying potential trends, then interpreting them
Since the first industrial revolution, in 1840, we have seen major changes to modern technology, and our way of life has been changed completely. With inventions like the cotton mill, the lightbulb, the car, and so many others, we can be more efficient, and provide new and improved services for ourselves, but there is a negative side to all this development. Many of the systems we have discovered are destroying the planet, and as we continue to ignore this obvious deterioration, it gets exponentially worse. As one of the most powerful and influential countries in the world, the United States has the ability to change this trend of destruction. Individuals can rally and recycle, but we need more power behind the cause, and the President can do that. The United States Constitution gives the President the ability to suggest and pass laws, with the help of the other branches; and it is time that they take a stand, and provide legislation that will lead the country to heal the Earth. The President of the United States has the Constitutional power-- and therefore the obligation-- to promote awareness of climate change and introduce legislation to help protect our planet.
While the Environmental Protection agency has extensive authority over the United States environmental health, the EPA has no more say than any other agency. While the EPA is the only federal agency which has authority over matter that deal with the environment, they can only deal with matter that threaten the environment's or citizens
If we cut off environmental regulations then this will also give the U.S. to have cheaper things and create new jobs for the environment and this is good because many Americans aren’t employed. The U.S. will have a better position in most thing and most importantly the health of the economy. The U.S. will also be able to control its environment and economy with no restrictive international environmental agreements. International organizations can work on themselves and make the best in their economy. The U.S. doesn’t have to support any environmental issues that might cause danger to its
In 1970 President Nixon established the Environmental Protection Agency because of the public’s concern over pollution and contamination of the environment. The EPA was established to regulate many toxic or possibly toxic substances that have entered the environment. Under the federal “Safe Drinking Water Act” of 1974 the EPA had the ability to regulate activities that have an impact on sources of public drinking water. Due to the injection of potential of toxic substances entering the ground through fracking, the possible effect of the chemicals on drinking water gave the EPA the ability to regulate the rigs that had the potential to effect the water supply through the Underground Injection Control Program (UICP). In 1997 the 11th United States
citizens to follow to make our world safer and to protect it for the future
Chapter 8 10. The three categories of values from environmental protection are: 1) use value 2) option value 3) existence value The sum of these three categories equals the total value of an environmental resource. 11. We can measure the benefits of environmental improvement by determining people’s maximum willingness-to-pay (WTP) for such improvements or by determing people’s minimum willingness-to-accept (WTA) compensation in exchange for a degradation in environmental quality. 12. Prospect theory states that people may adopt the status quo as their reference point and demand higher compensation to allow environmental degradation than they are willing to pay for making improvements. 13. Economists know that people in general are risk-averse, meaning they dislike risky situations. 14. The travel-cost method estimates a demand curve for a non-market good based on the amount of money that people spend to use the resource. Chapter 9 15. The Porter Hypothesis argues that regulation, while imposing short-run costs on firms, often enhances their long-run competitiveness. 16. Two reasons environmental regulation has not caused firms to move to “pollution havens” are: 1) avoidable pollution control costs are a small portion of total business costs 2) costs are only one factor influencing business location decisions 17. The “double-dividend” hypothesis argues
5. The Environmental Protection Agency (EPA) was founded in the United States in 1970. The role of the EPA is to deal with environmental issues and to enforce environmental legislation. The EPA ensures that all Americans are protected from significant risks to their health and to the environment. Some goals of the EPA are to create cleaner air, clean and safe water, safe food, better waste management, and preventing pollution. The impacts of the EPA on business are that many laws were put in place such as stating the maximum amount of carbon dioxide that a company is allowed to emit into the atmosphere.
Environmental problems are something which belongs to nature or known as “Mother Earth” [13]. Nature was created to help people survive from gathering foods until build a house. This phenomenon happens continuously without thinking how much damage that nature has because human’s fault. Nature gradually becomes worse and animal’s life in danger. People who are aware of the importance of nature react. Those people do several ways to save the environment. Although these efforts can return back the environment, these efforts only can be hold temporarily. This problem happens because those people who are aware of the environment only slightly; for remaining, there are people either do not know or do not care about the nature. People’s efforts
According to Mintzberg, the environmental school of thought is a strategy dealing with the forces outside the organization. Unlike the other schools in his book, Strategy Safari, the environment plays a central role in the strategy formation process alongside leadership and the organization where the organization becomes subordinate to the external environment. The environmental school assumptions are that during the formative period of the organization the company shapes itself in response to the environment, but after that period is increasingly unable to respond to the environment. Moreover, the organization long term survival depends on the early choices made during its formative period. Over time, Mintzberg states, leadership becomes