Question

The health of our national environment has been in the news lately with some daunting and dire predictions.

Does “trading” emissions support the way of viewing the competitiveness-environment link? Would it be enough to stop climate change?

Porter suggests countries with tougher environmental laws like Germany should become the more competitive. Is the U.S. destined to lose competitiveness if it fails to adopt tougher standards (or has this happened already)? You may wish to research this question.

Answer 1

Trading emissions has liitle correlation woth environment and competitiveness as this is more concerned with ways of doing business and business models.

Climatic change can only be stopped through sustainable production and ethical environmental audit at businesses.

US is definitely destined to become less competitive if it doesn't comply to ethical framework and CsR policies as well as sustainability as major countries have moved to greener and leaner technologies with high investment into environmental management which yields greater results in long run like effectiveness and efficiency.