There are a number of environmental regulations that are considered
too costly. It is important to explore if the economics effects of
environmental public policy outweigh the costs.
There are a number of arguments both for and against environmental
regulations and their cost. While those opposed to these regulations offer
proof of their beliefs, those who favor the regulations present compelling
facts, both economically and environmentally, for their case.
The President's Council on Sustainable Development submitted a
recommendation in 1996 for environmental policy changes "aimed to empower
individuals and institutions to move rapidly along the path toward
sustainability. A major step to that goal is outlined in a report that
reiterates the council's conviction that the United States' goal must be to
become a zero-waste society (Olson)." The report which is entitled
"Sustainable American: A New Consensus for Prosperity, Opportunity, and a
Healthy Environment for the Future, calls for wide-ranging changes that
would fundamentally alter how the United States solves problems (Olson)."
The main concept of the report is the "assumption that social, economic,
and environmental problems are inescapably intertwined and must be solved
Companies such as the computer chip manufacturer, Intel, are adopting
"eco-efficient manufacturing principles which involve redesigning
industrial processes to mimic natural ecosystems' recycling of energy and
natural resources (Olson)." These companies have found these methods
provide economic benefits, while at the same time preserving the
Environmental regulations may be deemed costly by opponents, however
those in favor have offered scientific and economic proof these regulations
are beneficial. These proponents are able to protect the environment as
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