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Can an almighty environmental regulator force companies to police themselves and fundamentally shift their destructive business models?
Government is outsourcing their responsibility to police citizens to airlines. The EPA and other Federal Agencies (DOJ) would fine companies for infractions of fly-tipping, chemical runoff, general pollution and environmental damage. The goal is to make it unprofitable for business as usual and force innovation towards future-proof, more sustainable business models. What financial institution in the world is going to work with you when you have a pending fine with Uncle Sam? Can the US use OFAC against global polluters?
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By Paul Margolis & Ilan CohenGovernment is outsourcing their responsibility to police citizens to airlines. The EPA and other Federal Agencies (DOJ) would fine companies for infractions of fly-tipping, chemical runoff, general pollution and environmental damage. The goal is to make it unprofitable for business as usual and force innovation towards future-proof, more sustainable business models. What financial institution in the world is going to work with you when you have a pending fine with Uncle Sam? Can the US use OFAC against global polluters?