The growing importance of life cycle management
June 12th, 2008
The new initiates being imposed in the European Union to deal with carbon dioxide emissions are part of a wider initiate to curtail adverse economic output. The carbon trading scheme is one of several initiatives that is gaining greater prominence as governments adopt policies that aim to reduce green house gases that are deemed harmful to the environment. Life cycle management is a paradigm that fits in strongly with the current progressive movement of governments to introduce more accountability for companies and their waste disposal. Under the carbon scheme, companies face heavy penalties if they do not comply or do not purchase the necessary credits to offset their waste emission.
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