Page 103 - Bus101FlipBook

CH 6] Business 101 6-21

of Western Nations; its special target is the United States. In all of these Treaties, the
U.S. Constitution requires the Senate to approve the treaty before it can have effect on
the United States. A President (such as Mr. Obama (D) of Joe Biden (D)) who desires
the U.S. to participate in the agreement cannot force the treaty provisions on the
Nation even though he agrees with its terms. As President, Mr. Obama authorized the
transference of $10 billion to the Paris Agreement. The total cost for developing
countries to implement the Nationally Determined Contributions (NDSs) is more than
US$4.4 Trillion. According to a comprehensive study prepared by NERA Economic US$4.4 Trillion: a
statement of value in US
Consulting, Meeting the commitments President Obama (D) made as part of the Paris dollars.
climate accord could cost the U.S. economy $3 trillion and 6.5 million industrial sector
jobs by 2040. President Trump (R), withdrew U.S. participation from the Paris Accord
contending that it would “undermine” the U.S. economy and put the U.S. “at a
permanent disadvantage.” Note that the U.S. Senate had not ratified the Paris
Agreement, but Mr. Obama (D) acted on its terms without ratification. President
Trump cited that U.S. scientists found that its terms could not be met and that the U.S.
taxpayer would also fund 68% of the costs. Through Mr. Obama, the nation
contributed $10 billion to the terms of the agreement even though it had not been
ratified by the U.S. Senate.
Is it being socially responsible for U.S. government officers to reduce 6.5 million
industrial sector jobs and spend $3 trillion dollars of taxpayer money for the Paris
Agreement? Is it responsible for a President to act unilaterally (unconstitutionally)
without Senate ratification of an Agreement (Treaty)? Was Mr. Obama (D) being
socially responsible with taxpayer funds?

Pollution is a major ecological issue today, continuously in the public domain as pollution
pollution taints a natural environment. Water and air pollution are significant problems The tainting or
and they have a growing impact on businesses. Changes in environmental law can destroying of a natural
require major industrial companies to suddenly spend hundreds of billions of dollars to environment.
clean up long-standing toxic waste dumps that leak chemicals and waste products into
the environment. For instance, Champion International Corp. operated a paper mill on
North Carolina's Pigeon River. The mill had been discharging wastewater into the 6
river for 80 years, such that the Pigeon River had been transmogrified into a sludgy
mess that looked like oily coffee and smelled as bad as rotten eggs. At its source on
Black Mountain to the town of Canton, 22 miles away, the Pigeon River was a clean
and lovely stream, alive with trout and tourists. The cleanup demand came from down-
river as the Pigeon River flowed into Cocke County, Tennessee. Champion claimed a
clean-up would be so expensive it would close the mill instead, with a direct cost of
some 2,200 jobs.
Working with the Division of Water Quality, the state of Tennessee and the U.S.
Environmental Protection Agency, Champion International engaged in a program to
improve the quality of wastewater effluent into the river. The plant was eventually
purchased by the employees to prevent its closure and maintain an economic base for
the region, changing its name to Blue Ridge Paper Products Inc.

Fill public dumps or recycle? Effluent sprayed onto agricultural lands.

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