Pollution abatement is very crucial in the industrial and manufacturing sector. The sections have thus been put agencies to see to it that the necessary requirements are met and that companies don’t pollute beyond their pollution permit. In this context, we are going to analyze a business known as EPA which refuses to apprehend the Environmental Impact Statement for the auction of pollution permits. Prevent Auction has sued the court action upon this case. The bill will be as follows: To begin with, in environmental law: the environmental impact assessment law requires that every organization should provide the impact analysis statement and the environment assessment.
If a firm fails to comply with the environment laws, then it is common that court will conduct an investigation on the company and invite an external audit body to analyze the possible effects of the auction plan. If the environment impact analysis statement depict that the activity will result in negative externality which not internalized by the company will be either be subjected to penalties or the number of pollution permits will reduce . It means that the amount of goods produced by the corporation will be reduced and therefore it will inhibit the success of the enterprise .
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The NEPA Agency puts in place a policy to see to it that the federal agencies regulate pollution. The requirements are that federal agencies should incorporate environmental externality in their planning and therefore the decision making will be made through an interdisciplinary approach. All organizations should, therefore, prepare an environment impact statement and also the environmental assessments. The policy will require that the team should contain a declaration on the national environmental policy.
