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Essay / Research Paper Abstract
This 3 page paper looks at the issue of the environmental crisis and the financial crises, and argues that the adoption of environmental policies and practices by businesses, or the 'greening' of business could serve a duel purpose and could help to support economic revival and development. The bibliography cites 2 sources.
Page Count:
3 pages (~225 words per page)
File: TS14_TEgreeneco.rtf
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Unformatted sample text from the term paper:
have help to bring the issues of environmental damage to the fore, not only in terms of global warming and greenhouse gases, but other issues such as pollution and deforestation.
It may be argued by some this the timing is unfortunate, this increased awareness and the general will to start to tackle the issues has come at a time of
financial crisis the credit crunch is seeing liquidity in many markets dry up, many companies are failing and governments are involved in propping up the banks and major employers, It
would hardly appear a time for investments into costly projects to take place. However it can be argued that the two issues, although very different in nature may be linked
and that the greening of the economy could be a very positive influence, helping to reduce waste, increase profits as well as stimulate more jobs.
There are many costs in industry, measures to reduce pollution levels or energy use are generally perceived as having high short term costs, or even a
overall net positive costs rather than benefits. However, this is not necessarily the case; increasing energy bills are increasing the pressure of firm to find ways to save money, and
decreasing energy use is also decreasing pollution and the carbon footprint, demonstrating the way green measures and economic measures may be aligned. However, resistance has often been seen as a
result of the required capital outlay. The assumption that these have a long pay back period, delaying the benefit may also
be an erroneous assumption; An example of this may be seen in the UK with the Aire and Caulder Valley study where an environmental accounting study identified where waste
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