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Air Pollution and Cardiovascular Disease: Bullish Business Long-Run Trade-Off - Term Paper Example

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The author of the paper tries to identify whether where the Australian governmental economist stands on the latest question of cost and benefits, whether there are tools and principles that could clarify the issue and where one takes off in making an economic analysis of the environment…
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Air Pollution and Cardiovascular Disease: Bullish Business Long-Run Trade-Off
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Download file to see previous pages Increased concentrations of effluents in the air were found to have particularly been emitted from motor vehicle exhausts, industrial factories, and other burning or combustion activities of Australians (Bartnett et al. 2006). Practically, any engine that utilized fossil fuel is known to be emitters of these effluents in addition to other activities that require burning of materials as have been broadly argued by different concerned sectors for the minimization of its usage, as well, finding alternatives which could be biodegradable fuels.

Air is humankind’s natural source of respiratory Oxygen. Its preservation may have been openly disregarded so that the current generation has to face up to the maintenance of its life supportive feature (Goldman 1972). Unfortunately, up to this time, City dwelling is still synonymous to smog dwelling. This haze or smog is created primarily by a mixture of potentially toxic chemicals like nitrates, sulfates, and particulates, formed mostly from the automobile exhausts and industrial factory's emissions (Miller & Levine 2003). Australians are well aware of the long-standing problems poised by these air pollutants that environmental watchers groups have been organized at a state-level.

But, the private sector’s enthusiasm is not usually matched by the civil servants at the local government level because its power is limited to the implementation of the Federal government’s policies and decisions. This is despite the fact that the initial commonwealth system has already adopted the Federal system. The bureaucracy appears to delimit, after all, efforts to make lighter air pollution problems at the state level. At some other points nonetheless, the government must just be cautious with the policies and decisions so as not to create a barrier for prospective business investors, as market flexibility must be maintained, as well as market share in the economic sphere. ...Download file to see next pagesRead More
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