Government Regulations on Pollution

Fracking is the highly controversial battle between the success of the economy and the protection of the environment. Environmental activist claim that fracking will ruin our ecosystems and put people 's lives in danger; while fracking companies only care about benefits of greenbacks rather than environmental costs. With the government already investing a myriad of time and money on fracking, the government can help settle this battle. The government needs to regulate fracking to the extent of it becoming a safer process so the environment and its people are no longer in harm. The first regulation the government should implement is for government workers to inspect cement pipes prior to beginning the fracking process.

Other related business strategies such as "Six Sigma" can have the same effect. Hypothesis Development: H1: Lean manufacturing will be positively... ... middle of paper ... ...ste (preferably environmental waste) thus increasing environmental efficiency of the firm.  The paper is very important keeping in fact that it considers Environmental management as a prime factor or driving force for a firm’s efficiency. Presently we could see all the companies are surging towards a greener approach. Companies are trying hard to establish themselves as global environmental friendly firms by different certifications like ISO 14001, etc.

The interest for each stakeholder is a loss of monies and the environment continues to be affected. According to the Kaplan eGuide, the Clean Air Act applies to this case due to the emissions and their continued effect on the environment and people. The corporation in this case would be held liable if they continue to allow the smokestack emissions to remain above the allowed level set by the EPA. By failing to invest in new smoke stack scrubbers the company will continue to be above the emissions level, therefore continuing to suffer from fines. In addition, should the violations lead to the environment being affected they could possibly have legal action bro... ... middle of paper ... ...the requirements decreasing the risk of the company being sued by private citizens or the EPA.

Also, industries heavily regulated in the developed world because of their harmful environmental and health impacts are migrating to the developing world. Environmental dangers to health are not only limited to developing countries. Environmental health problems vary form region to region, reflecting geography, climate, and a country's level of economic development and policy choices. Many environmental health problems are associated with poverty and a lack of essential resources. Economic growth is not sufficient to improve health for all, especially if rising income disparities mean that millions of people will not participate in those advances.

Factories should be built in an urban area, and they should be equipped with treatment devices to control smoke, dust, and water pollution. Many companies should discover that it will make good business sense to pollute less, and reducing pollution gives them a better public image and saves money. They also should developed environmentally safe products or packaging to satisfy consumer demands. They should put the principle of Green Chemistry into practice. However,

“The policy of environmental protection has disadvantage of companies that impact company’s development and interest to gain for their own company, also the completion with the other company. It is no benefit for the company.” (Rauscher). Therefore, Companies have argument with the government. The solution of government should be equal the development between company and environment. To begin with, government should be limit location for them to build the factory to avoid that companies exhausted pollution from their industry.

Since the Bophal incident sparked the beginning of the Era of Beyond Compliance, companies have pondered about the benefits of employing environmental initiatives. Companies will enjoy financial benefits in return for environmental action, but whether a firm may see financial reward depends on several conditions that must be met. However, if conditions are not met, environmental initiatives will still benefit companies in a multitude of other areas. Many companies are able to accept a win-win strategy towards adopting environmentally friendly practices, because of the positive correlation between environmental actions and financial returns (Frankel, 1998). A company can save costs by looking for eco-efficiencies; where companies decrease their environmentally harmful inputs and outputs.

Companies which are motivated to implement CSR practice intrinsically consider CSR as part of their core value and corporate culture (Moore et al., 2012). Their research found that companies with both external and internal purposes and implement CSR practice intrinsically will more likely to invest with planning and gain more benefits from it. They also revealed that different industries expect to get dissimilar benefits from implementing CSR. For instance, oil industry prefers regulatory protection because implementation of CSR can help them build good relationship with regulatory agencies; while retail industry want to have better risk management to prevent them from risk such as consumer boycotts and lawsuits avoid lawsuits (Moore et al., 2012). It is to say if companies from different industries can gain want they want, CSR is more likely to be increased.

Improved human capital will lead to a better efficiency of industry and therefore improve the environmental friendliness. Government plays as an important role even though the regulations of market are set in minimum. Government’s job is to create a good business atmosphere with attractive incentives. These incentives and good private property rights will help to achieve this business atmosphere and new innovations will come out. The biggest barrier for plan is the theory itself.

None of these arguments actually being true. Bottle bills are a great way to promote recycling and it gives individuals some incentive to help decrease our air pollution and help the environment. As a nation our pollution levels and green house gas emissions have become so drastic that more government intervention in the federal mandate of recycling needs to occur. Landfills are only going to keep filling up, and the government should take control and not rely on voluntary recycling. Mandating recycling may seem to violate your personal liberty in a sense, however, by doing so it is for the betterment of society and environment.