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The Environment and Big Business The Environment and Big Business Since the rise of environmental awareness, business and industry have always considered environmentalism
The Environment and Big Business Since the rise of environmental awareness, business and industry have always considered environmentalism a waste of time, only getting
Recent changes in social views have pointed towards a greener future and look to big business for changes. Our environment is the sole provider of natural capital
declined in the recent decades, big business has developed a social conscience to improve all aspects of society from worker compensation to protecting the environment
and most believe that RAN's efforts are protecting the environment, thus RAN is essentially protecting the consumers' rights from big business (Gunter, 3). The justice
Submitted by wordriter411 on March 27, 2008
Category: Miscellaneous
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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 an 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 historical differences between advocates of business and the environment, the fact is the two can and must utilize eachother for the future success of both.
It is important, in order for the economy to see the environment worth something, to put an economic value on it. For this reason, a group of scientists for the Center for Social and Economic Research on the Global Environment have developed an economic valuation for the environment. According to them, it is necessary to impute a value to environmental goods or services (Pearce et al, online). 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 Costanza, 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 al the countries on earth combined by eight trillion dollars...
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