Environmental processes '93: Challenge in the '90s

Journal Article · Sun Aug 01 04:00:00 EDT 1993 · Hydrocarbon Processing; (United States)

OSTI ID:5849012

Capital spending on environmental projects will soar despite a worldwide recession. In the U.S. alone, pollution control spending will exceed $160 billion by 1995. HPI operators are forced to shift their efforts from production-yielding to environmentally driven projects. Governments and public interest groups are the impetus begin this environmental-cleanup trend. Unending creation of new state and federal regulations also accelerates this spending spree. The HPI must carefully and cost-effectively invest its limited capital in environmental compliance and product enhancement projects. Decision making is the hard part. After a decision is made, goal setting is easier. Because environmental compliance is a complex problem, management must use several tools to survive these economically uncertain times.

• OSTI ID: 5849012
• Journal Information: Hydrocarbon Processing; (United States), Journal Name: Hydrocarbon Processing; (United States) Vol. 72:8; ISSN HYPRAX; ISSN 0018-8190
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
290300* -- Energy Planning & Policy-- Environment
Health
& Safety
COMPLIANCE
DECISION MAKING
ECONOMICS
ENVIRONMENTAL POLICY
ENVIRONMENTAL QUALITY
GOVERNMENT POLICIES
POLLUTION REGULATIONS
REGULATIONS