Question

Explain why companies that choose low-pollution technologies will find it hard to survive in a competitive industry. Find an example in the newspaper or in a magazine where a company implemented low pollution technology? What was the result of their implementation? Were they able to stay competitive. (Be sure to reference your article.)

Answer 1

In competition only firms that choose the lowest cost method of production will survive.Firms that choose low pollution technologies will incur high cost.. Thus firms that choose higher cost methods will lose money.and eventually exit the industry.

New power plants like new coal fired power plants and factories like automobiles use modern pollution control technology.New coal fired power plants install devices that control 98% of sulphur dioxide.and 90 %of nitrogen oxide emissions.

The result of their implementation was to control air quality degradation and also control visibility impairment in national parks.This in turn is helpful in improving health conditions.Controlling power plant emissions of sulphur dioxide has reduced acid rain as well as formation of fine particle pollution which leads to untimely death . Reducing acid rain has improved water quality in lakes and streams.As a result forests and ecosystem got protected.

Yes , these industries have been able to stay competitive because new technologies have been innovated which will surely reduce emissions and at the same time control cost .There are many technologies which were not known in the past but are used today.Reduction in cost helps industries to remain competitive.

Article Progress cleaning the air and improving public health.