GEOLOGY 002 Lecture Notes - Lecture 16: A Deeper Understanding, International Trade, Smog
Document Summary
Trade, pollution & the environment: new international evidence de melo (2009) Pollution haven view asserts that globalisation draws industries to countries with lax environmental regulation. Pollution haven hypothesis (wikipedia): when large industrialized nations seek to set up factories abroad, they will often look for the cheapest option in terms of resources & labour that offers the land + material access they require. This often comes at cost of environmentally unsound practices. Environmentalists & ecologically-oriented academics argue that the political economy of decision-making is stacked against the environment: at the international level, environmental activists fear that the dispute settlement mechanism of the. New evidence reported below identifies the effects more precisely & suggests that fears about pollution havens may be exaggerated. 6 industrial sectors are considered to be major polluters: iron & steel, non-ferrous metals, industrial chemicals, non- metallic mineral products, pulp & paper, and petroleum products.
