| Kasz216 said: A lot of economists would actually disagree. Most green iniatives cost jobs, hence stuff like why obama is scraping the smog rules. |
Thats is one point of view. Others would argue that in order to comply with the new rules, companies must invest in new technology and R&D, thereby creating new jobs/companies/industries. Yes, people will wonder where this money is going to come from, but the deciding factor is the mindset of the business managers. Are they going to re-invest profits or make cut-backs to fund this change?
Then how about this theory. The cost of conforming to the new rules so X amount of $. Part of that is spent hiring new employess to mointor company activities to make sure they arent breaking the rules. Would you look at that, you've just created some new jobs! Its quite possibly this scenario wouldn't happen, but again its a management decision.
