Protecting The Environment Essay

Since the rise of environmental awareness, business and industry have always considered environmentalism a waste of time, only getting in the way of profits and production. From the perspective of business, environmentalists push for regulations and restrictions on businesses which cost them more money and frequently restrict some of their practices.
What business and the economy doesn 't know is that they can actually save money by being environmentally responsible, while protecting the very resources they depend on. The protection of the environment not only has intrinsic value, but also economical value.
Business and industry, can also benefit. These factors can lead to a newly developed economy that protects what it needs instead of destroying it. Despite
According to them, it is necessary to impute a value to environmental goods or services. This value is necessary because the economy needs to see that the protection of the environment can prove cost worthy to business and industry. The purpose of valuation is to show true costs of using up scarce environmental resources. It is a way for environmentalists and economists to put a dollar figure on the services the environment provides. Robert Costanzia, an ecological economist from the University of Maryland, has done just this. The estimate of services provided by ecosystems worldwide is 33 trillion dollars annually, surpassing the gross national product of all the countries on earth combined by eight trillion dollars. The environment provides services not only commercially, such as timber, but also in less visible ways. For instance, forests protect from soil erosion, which proves costly to correct. With these facts in mind, depleting ecosystems and resources proves costly, while protection they can only save money.
Business and the American economy has much to gain by altering their current practices.
One prime example of how protection the environment can prove beneficial to a