Why do largest firms, who are also some of the largest polluters, have the resources to invest in more ‘eco’ technologies but often choose not to in favour of maintaining/increasing profit margins
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Why do largest firms, who are also some of the largest polluters, have the resources to invest in more ‘eco’ technologies but often choose not to in favour of maintaining/increasing profit margins
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- If a firm can reduce its sulfur dioxide emissions for $30 per ton, but it owns tradable emissions permits that are selling for $40 per ton, what will the firm want to do if it is trying to maximize profits?The government of a subtropical country is evaluating the costs and benefits of protecting a rainforest versus cutting it down for timber. The estimated value of the wood is $270$270 million. If the same forest is used as a national park, it may attract 0.030.03 million additional tourists per year. Statistically, each tourist spends $1,600$1,600 inside the country during their stay.How long will it take tourism to exceed the estimated value of the wood in the rainforest? Enter your answer in the box below and round to two decimal places if necessary.What should mining businesses do to reduce the negative externalities? Give at least two(2) examples?
- If external economies of scale determine the location of tradable industries? Please explain.Happiness, human rights, justice and equality are few of the ideas in ethics that have certain relation to our environment and to future generations. On this period of pandemic, as a student, what do you think is the most extreme environmental problem in our country? What role should business play in addressing them? Support your argument.Why is the term "Extinction Level Pollution Emissions" a better description than "global warming?"
- Is zero pollution possible under a marketable permits system? Why or why not?Explain how a global-positioning antitheft device installed by one car owner can produce a positive spillover to thousands of others in a city.Drawing on John Rawls’s concept of the veil of ignorance, develop an ethical code that will (a) guide the decisions of a large oil multinational toward environmental protection and (b) influence the policies of a clothing company in their potential decision of outsourcing their manufacturing operations.
- Should a firm exceed the minimum legal limits of government imposed environmental regulations and be responsible for the environment, even if this responsibility leads to a wealth reduction for the firm? Is environmental damage merely a cost of doing business?how can gradually rising fees on all carbon emissions, whose proceeds are returned directly to the American people through quarterly dividend checks Cut Emissions Without Wrecking the Economy?Given the uncertainty in determining costs and impacts in the environmental world, are the customary economic tools (Cost Benefit Analysis, Marginal Damage Functions, Externalities, etc) still useable for making business decisions? What would work better?