Air Pollution
In a global
economy, businesses must innovative and be able to react quickly to changes in
the marketplace. However, additions or changes to plant equipment, substitution
of raw materials that are used in manufacturing processes or even changes in
product schedules may require require the issuance of new air pollution permits
or modification of the existing permit which can inhibit the ability of
companies to respond to market forces. Moreover, a host of new complicated
requirements are being imposed that could increase compliance costs and further
delay the manufacture and introduction of new products.
Fortunately, the federal
EPA and many states environmental agencies are implementing regulatory reforms
that may provide businesses with greater flexibiloty for meeting air pollution
requirements while minimizing interference with business plans and operations.
For example, under a new federal air pollution program, companies that reduce
their air emissions can sell the rights to emit those air pollutants.
Sometimes it is cheaper to buy the pollution rights than install additional
pollution control equipment.
Visit our Climate Change Page for Information on emerging regulatory initiatives
involving greenhouse gas and green buildings.
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