Benefits of Going Green Essay Example | Topics and Well Written Essays - 3000 words

Benefits of Going Green - Essay Example At a global level, sustainable development has gained importance ever since the United Nations Framework Convention on Climate Change. Based on the UNFCC Article 3.4, sustainable development needs to be integrated with national development policies by considering the need for economic development to address climate change problems. In this convention, the focus has been more on reduction of greenhouse gas emission and their targets than on sustainable development. After this, much discussion has been done on the links between sustainable development and climate change and the inclusion of sustainable development concept in environmental policy. The sustainable development requirements approach to environmental policy started in developed nations first. Reports show that greenhouse gas emissions are going on rising with the ongoing economic reforms that aim at improving economic growth (Mc Kibbin, 2004). Based on economic theory, there are two main mitigation measures to reduce the greenhouse gas emission. One is a tradable permit system for emission rights and the other is taxing carbon emissions.... Studies have shown that the permit system for emission rights developing nations will result in a rise in costs in terms of sacrificing economic growth since most economic activities rely on energy here. The shift from cheap fossil fuels to expensive non-carbon energy will adversely affect economic growth and development (Prasad and Kochher, 2009). Recent estimates show that the cost for investment in reducing greenhouse gas emissions by 550 MtCO2 in the major energy emitting sectors cost S$25billion, which is equivalent to the amount needed for the development goals here(Prasad and Kochher,2009). The next possible option is carbon taxing. Taxing can be practically problematic since the taxes will be imposed on not only the emissions that are removed on the margin but on all emissions. Consequently, the income transfers from the firms to government will be very much larger than the costs of greenhouse gas emission abatements (McKibbin, 2004).Thus it can be shown that any form of abat ement measure will impose significant costs in terms of sacrificing economic growth and development in developing nations. This will not be a problem for developed nations, which have already achieved a high level of development in terms of all the indicators while in developing nations, where most people live below the poverty line, sacrificing development means a lot. Based on the different scandals that arose in the recent years like Enron scandal, it is argued that business ethics is essential which plays a major role in the functioning of companies (Broomhill, 2007).Studies show the beneficial effects of green policy depend on the expectations of stakeholders and the constraints placed by the restrictive legislations produced by the states(Broomhill,

Expose Article Example | Topics and Well Written Essays - 500 words

Expose - Article Example However, the electrician did nothing and said he would come to fix it later. Many residents believe that short circuit catalysed the occurrence of the fire. After the fire, the casualties were moved to another labour camp In AlShahaniya. Also, the employees were promised 200 riyals above their April salaries as compensation for the damage. Many volunteers have been appealing for food and clothe donations for the displaced men. Firstly, the article highlighted the troubling facts about the living conditions of the employees in the labour camps. Kovessy (2015) indicates that over eight men live in one room and there are no fire safety measures in the labour camps such as fire extinguishers and emergency exits despite the overcrowding of the rooms. Questions have been raised about Qatar’s commitment to safeguarding the welfare of their labour force despite the enormous wealth of the country. The evident negligence of the camp supervisors should have been questioned in courts since it was the major cause of the fire. The majority of the Sri Lankan employees are opting to go home despite the Sri Lankan embassy encouraging them to go back to work. They claim that they still don’t trust the safety standards of the labour camp. It is not understandable why the Sri Lankan government is not doing enough to cater for the rights of their nationals. A spokesman for the Sri Lankan embassy stated that no one was killed in the disaster; however, unconfirmed reports indicated that two Bangladesh nationals were killed in the fire. The statement exposed how the Sri Lankan Government is trying to cover up Qatar despite the fact that their nationals are suffering. Despite the fact that, the spokesperson was indicating the fire was evidence for the substandard housing conditions for the labourers, they agreed to settle for only 200 Riyal per employee. The displaced employees only escaped with the clothes on their bodies and 200 riyals could not possibly compensate for