directives.
directives.
While there are questions of Monsanto’s ethical practices, the success of producing genetically modified seeds is irrefutable. While GM seeds are profitable, the disputes that these seeds have the potential to harm plants and animals are ongoing. As previously stated Monsanto’s seeds are resistant to its own herbicide, Roundup. With this in mind, the seed’s composition includes the chemical glyphosate, an ingredient of Roundup. According to Scientific American (2009), glyphosate “amplifies the toxic effect on human cells—even at concentrations more much diluted than those used on farms and lawns”, and that other ingredients in Roundup may negatively impact pregnant women and their fetuses(Gammon). On the other hand, Monsanto contest the findings,…
Being a multinational supplier of genetically modified seeds, Monsanto posses severe economic impacts in the international marketplace. Originally, the Bt Cotton seeds should have produced positive externalities upon the Indian economy, however, the enforcement of the biological patent disables the economy from reaching the potential positive effects. Initially, the purpose of the genetically modified cotton seeds were to substantially increase the production of cotton. Higher crop yields would have resulted in cheaper prices for consumerism, as economies of scale would have taken effect. However, as the revenue generated by farmers cannot cover variable costs, a shut down point will be reached within the industry. Farming revenue is irregular…
Safety is always an important factor when considering new methods for obtaining raw energy sources such as coal, oil, and natural and shale gas. The process of fracking can be considered relatively safe when compared to oil drilling and mining. For example, in 2010 an offshore drilling station suffered a malfunction in a blow back valve that caused a massive explosion killing 11 people and spilling an estimated 200 million gallons of oil into the Gulf of Mexico (Center for Biological Diversity, 2011). While the cost of lost lives is immeasurable, the costs of lost profits from the spilling oil, and the clean-up, are astronomical. The consequences of oil spills are not only immediate, but can also be felt for years after. Similar to the BP oil spill, in 1989 the Exxon Valdez ship ran aground spilling an estimated 750 thousand barrels of crude oil, an…
Stanwick, P. A., and Stanwick, S. D. (2009). Understanding Business Ethics (Vols. 1 - 1, pp. 8-12). Upper Saddle River, NJ: Pearson Education, Inc.…
The Oil Pollution Act of 1990 was signed into law in August that year. It came about mostly because of the public response and concerns after the Exxon Valdez incident in which an oil tanker heading to port in Long Beach, CA ran aground in Prince Williams Sound, AK spilling up to an estimated 750,000 barrels of crude oil. Although ranking well down the list on the world’s largest oil spills for quantity dumped, the remote location of the spill made response and recovery extremely difficult. One of the key provisions of the OPA - §1002(a) Provides that the responsible party for a vessel or facility from which oil is discharged, or which poses a substantial threat of a discharge, is liable for: (1) certain specified damages resulting from the discharged oil; and (2) removal costs incurred in a…
As a result of this oil spill, the US Government established an Oil Spill Commission which was put in place to investigate the reasons for this disaster. The report concluded that a number of separate factors contributed to the spill which included oversights and outright mistakes from BP and its contractors, Halliburton and…
Since the beginning of time environmental changes have affected people, places, and things causing people to migrate or change their ways of living. Unfortunately, these effects can take decades or even centuries to become reality making actions and change difficult to be realized. Reviewing several of the case in point readings it became apparent that they all had unintended consequences of humankind’s activities that have led to specific environmental problems. This paper will review scientific or technological activities that are exacerbating or improving the existing situation, proper applications of the scientific methods that could have helped the problem, and address alternative solutions beyond the scientific method.…
The keystone pipeline has proven to be a decisive topic at podiums and dinner tables everywhere, with people debating the merits and benefits (or lack thereof) of the pipeline such as money, jobs and increased traffic in areas along the pipeline. I will analyze the keystone pipeline under the ethical theories of Utilitarianism, Duty/Rights Ethics and Virtue Ethics.…
A court in Ecuador has fined US oil giant Chevron $8.6bn (£5.3bn) for polluting a large part of the country's Amazon region.…
Question Three: What does it mean to be an “environmentalist” in the Pacific Northwest in the 21st century? Over the course of this term, we have surveyed several different approaches to environmental ethics. Each would offer a somewhat different response to the question. What is your response? Which of the several ethical stances we have surveyed provides the best orientation for environmentalism in the 21st century?…
As two members of our group are children of sea captains, the case of Exxon Valdez oil spill was extremely interesting for our team. It demonstrates that irresponsible behavior of people can lead to the most devastating human-caused environmental disasters of the past century.…
Hurricane Katrina had one of the worst oil spills in history from Louisiana to Alabama. In New Orleans it spilled about 1 million gallons of oil, affecting about 10,000 homes. The Katrina oil spill disaster states that, “Hurricane Katrina caused much more than just wind and water damage, it caused at least ten oil spills, releasing the same quantity of oil as some of the worst oil spills in U.S. history.” It caused an estimate of at least $108 billion of damage. The oil and gas industry itself has acknowledge causing 36 percent of all wetlands loss…
It is now popular to be environmentally conscious in American society. It is completely acknowledged by the populace that oil will, indeed, run out within a lifetime, leaving a demand for a different kind of energy source. Hybrid cars, such as the Prius are now mainstream, recycling is day-to-day, finding organic fruits, vegetables, and meat is as easy as walking to the nearest grocery store, and using plastic bags has been deemed unacceptable. Global warming, while debated and questioned by conservative policymakers has generally been accepted as fact by the population. With any movement, fad, or great change, a great number of people –including corporate media -- want to jump on board the Green Revolution. This is a money making opportunity, and while some companies have good and progressive intentions, there are many that do not. Americans are being purposefully mislead and lied to by corporations that use the false advertising method of Greenwashing.…
The decision whether to close the Lima, OH plant has not been easy to make. There have been many arguments as to why and why not the plant should remain open or be closed. As the VP of Finance for BP, I have kept an open mind and looked at the advantages and disadvantages of closing the plant. I will now discuss some of these arguments in the following paragraphs.…
There are several facts issued through the issue that have different levels of importance. The oil spill happened a long time ago in the 1950 and it stayed in a vertical plume and slowly diffused into a deep aquifer. The surface water and 400 feet deep into the groundwater there was zero gasoline concentration. The state law acquires reporting all spills, however the plant manager decided to do nothing. Peter and Jesse agree on the facts but disagree about…