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Environmental economics profitability, long term

The purpose of chemical processes is not to make chemicals the purpose is to make money. However, the profit must be made as part of a sustainable industrial activity. Chemical processes should be designed as part of a sustainable industrial activity that retains the capacity of ecosystems to support both industrial activity and life into the future. Sustainable industrial activity must meet the needs of the present without compromising the needs of future generations. For chemical process design, this means that processes should use raw materials as efficiently as is economic and practicable, both to prevent the production of waste that can be environmentally harmful and to preserve the reserves of raw materials as much as possible. Processes should use as little energy as economic and practicable, both to prevent the buildup of carbon dioxide in the atmosphere from burning fossil fuels and to preserve reserves of fossil fuels. Water must also be consumed in sustainable quantities that do not cause deterioration in the quality of the water source and the long-term quantity of the reserves. Aqueous and atmospheric emissions must not be environmentally harmful, and solid waste to landfill must be avoided. [Pg.649]

Systems Thinking. Our economic responsibility includes competitiveness, performance excellence and market-driven production, which create long-term value and enable profitable growth. Sustainable and environmental incidents and indicators measuring the reliability of power distribution are reported monthly. Sustainability targets are based on the continuous improvement of operations ... [Pg.282]


See other pages where Environmental economics profitability, long term is mentioned: [Pg.293]    [Pg.3]    [Pg.82]    [Pg.500]    [Pg.43]    [Pg.157]    [Pg.477]    [Pg.82]    [Pg.27]    [Pg.24]    [Pg.111]    [Pg.12]    [Pg.228]    [Pg.1]    [Pg.60]    [Pg.314]   
See also in sourсe #XX -- [ Pg.52 , Pg.55 ]




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