Environmental Issues and Big Business

Paper Summary:

This paper looks at the increasing environmental problems and damage caused by various industries and the need for firms doing business within those industries to conduct their businesses more responsibly when it comes to the environment. The paper looks at some of the environmental rules and regulations in effect that are intended to help safeguard the environment, but also points out that large firms and corporations must put more effort into and accept greater responsibility for protecting the environment.

From the Paper:

"There was perhaps no more telling "pressure group" concerning environmental issues than President Clinton's final State of the Union message, where he mentioned the problems of global warming and the greenhouse effect's danger on drought, flooding, and the dangers of an increasing rise in temperatures around the world. He mentioned the automobile industry specifically, and urged them to proceed a little faster with the sort of new cars that would go farther on every gallon of gasoline that now fouls the air, even though some states like California insist on catalytic converters. It is interesting to note, in terms of California's restrictive automobile regulations, that the practice of charging as much as $300 for an out-of-state car to be registered in California has been proven unconstitutional. Nevertheless, anyone moving to California will have to install a catalytic converter before registration can be completed. While this may seem costly to the car owner, it has successfully reduced pollution from auto exhaust emissions over the years. Los Angeles, for example, is no longer in the top ten cities with polluted air and smog. (Houston and Phoenix are now among the U.S.'s worst air polluters.)"

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