Pollution and the struggle for world product

Book · Fri Jan 01 04:00:00 EST 1988

OSTI ID:5869692

Leonard, H J

To test the claims of U.S. industries that environmental regulations would have adverse effects on profits and damage competitive market positions, an analysis was performed on foreign investments by U.S. companies involved in the highly polluting chemical and mineral processing industries. Widespread relocation to foreign countries was not detected. In a few specialized areas of the chemical industry involving particularly hazardous processes there has been some movement to countries which have less stringent pollution regulations. However, more awareness of environmental hazards has produced stricter control of environmental pollution in those same countries. The dramatic political changes in Eastern Europe may result in a large increase in U.S. industrial investment in the Warsaw Pact countries. There is a temptation to take a short view and conform to the lax environmental regulations of these countries which have produced grave industrial pollution problems. Investment should be directed towards pollution-free production not only in the Eastern European countries but also in the U.S.

• OSTI ID: 5869692
• Country of Publication: United States
• Language: English

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