Virtue or Else
Under the EPA’s Audit Policy, violators who voluntarily report themselves can get certain penalties reduced or waived if they commit to ongoing self-regulation. But is that promise any more than window dressing?
When a company breaks the law, the Environmental Protection Agency (EPA) would really rather it just say so. And many of them actually do. Under the EPA’s Audit Policy, violators who voluntarily report themselves can get certain penalties reduced or waived if they commit to ongoing self-regulation. The companies set up internal compliance procedures and promise never to do it again.
“These firms have agreed to do something above and beyond what’s required by law,” says Jodi Short, an associate...
Want more? Sorry, the full text of this article is only available to subscribers. Subscribe now.
Already a subscriber? Please log in by entering your email address and password into the red login box at the top-right corner of this page.
Need to register for your premium online access, which is included with your paid subscription? Register here.
Environmental conservation and business investment are not mutually exclusive, argues the CEO of the Nature Conservancy.
NGOs, social entrepreneurs, impact investors, and philanthropists should be enlisted to help slow near-term climate warming.
World-class regulation helps the development of world-class industry. We need more of it.
Traditional cookstoves are being recognized as a major health hazard.
e-waste recycling in Agbogbloshie provides a livelihood for thousands of people, but it also results in a heavily polluted environment.
Investing to stop disasters before they start can save lives and money.
Local currency systems could strengthen metro economies and provide funds to address climate change and other urban problems.
