Second Issue: Environmental
How should the company produce energy with minimal environmental damage?
How should the company act towards the goal of sustainable development?
The company uses the best technology to lower carbon emissions and
reduce toxic pollution. Emissions testing and community feedback can
help in environmental standards. For example, Mirant uses technology to
(Strengths) Using clean and efficient technology
enables firms to produce without harming the environment. Testing and
evaluation on the environment can create a cleaner and better system for
(Weaknesses) Buying the cleanest and most efficient
technology entails a great deal of money. Only the biggest and most
profitable firms can afford and justify this huge investment. Smaller
companies may have to use other means or technology.
The government makes the environmental programs and standards that all
firms follow. The company has environmental programs that improve
Filipino communities. For example, Mirant has a program to plant
(Strengths) Because the state knows more about the
country’s environmental concerns, the country’s communities and natural
resources and are better off. The state has more money to deal with
(Weaknesses) Because environmental policy is
centralized on the government, programs and reaction to natural
disasters and pollution can become delayed or inefficient. People may
pay more taxes for the state environmental programs.
The company creates environmental awareness and programs to get the
most benefit. For example, Mirant publishes that it abides by
international environmental standards and has programs to promote clean
(Strengths) Self-interest could lead the company and
communities to care for the environment as long as there is mutual
benefit. Since the concern is not forced, people can help the
environment longer and even enjoy it.
goals that demand much work and money may not appeal to the
self-interests of the company or the community. The environmental policy
of the state can also conflict with the business goals of the company.
Since the state owns the company and controls all economic activities,
the government also regulates production to become sustainable. The
capitalists and proletariats must work together to create a better
(Strengths) Nature can experience less pollution and
damage because the state controls production. There will be less
exploitation of natural resources and more equity between the people,
the state and the earth.
(Weaknesses) Since the state controls the
company, scientific innovation and alternative environmental programs
could be lost in favor of the state environmental policy. Since
government pays for everything, there may be less incentive to conserve.