Industrial Pollution comes from contaminated wastes that gets disposed of into the air and water. Pollution affects the entire globe, causing there to be raised health risks. Since there has been multiple accounts for industries contaminating living factors, there has been a plentiful amount of researches that have been finding solutions to these epidemics. This paper will reflect the numerous studies which explores economic country developments with industrial pollution. Canfei He, Zhiji Huang, and Xinyue Ye (2013) compared the development between the economy in China versus the pollution produced in China. Xiao-hui Liu, Wei-liang Wang, Shao-yong Lu, Yu-fan Wang, and Zongming Ren (2016) found the results of GDP in Zaozhuang, China by investigating
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It was not until the late 1900’s that technology boomed and set off a multitude of successful industry manufacturing. Afterwards, pollution occurred more often from the smog, and chemicals, being released from industries. Many companies began to invest their money in capital, such as machinery, to create cars, and printers to print newspaper. Although technology advanced production, less people became needed for labor, and more energy was being used to produce goods instead. Industrial pollution causes problems that puts the environment in danger. For example, coal mining companies produce one of the topmost energy that humans use to fuel their economy (Mishra et al., 2008). Consequently, heavy metals from coal mining are the results that contaminate marine life (Mishra et al., 2008). Moreover, the relationship between economic development and industrial pollution is off balanced, because the opportunity cost for economic growth is the deterioration of the environment (He et al., …show more content…
The cost to clean industrial pollution can oftentimes be expensive, and frequently at a higher rate than the efficiency; however, some associations have created a policy that will clean pollution for a reasonable price. From an article by Guerriero et al. (2011), they introduce a cost benefit analysis to clean polluted areas in Italy. They found that removing pollution can produce an outcome of about 6,639 million euros in Gela and 3,592 million euros in Priolo as the monetary benefit price (Guerriero et al., 2011). On the other hand, allocated funds only receive 127 million euros and 774 million euros (Guerriero et al., 2011). This benefit policy has an advantage over the allocated funds that has been contributed to cleaning pollution. Although Guerriero et al.’s research and policy is focused in Italy, other countries can link their cleaning policies with the same method to increase monetary benefit
It was not until the late 1900’s that technology boomed and set off a multitude of successful industry manufacturing. Afterwards, pollution occurred more often from the smog, and chemicals, being released from industries. Many companies began to invest their money in capital, such as machinery, to create cars, and printers to print newspaper. Although technology advanced production, less people became needed for labor, and more energy was being used to produce goods instead. Industrial pollution causes problems that puts the environment in danger. For example, coal mining companies produce one of the topmost energy that humans use to fuel their economy (Mishra et al., 2008). Consequently, heavy metals from coal mining are the results that contaminate marine life (Mishra et al., 2008). Moreover, the relationship between economic development and industrial pollution is off balanced, because the opportunity cost for economic growth is the deterioration of the environment (He et al., …show more content…
The cost to clean industrial pollution can oftentimes be expensive, and frequently at a higher rate than the efficiency; however, some associations have created a policy that will clean pollution for a reasonable price. From an article by Guerriero et al. (2011), they introduce a cost benefit analysis to clean polluted areas in Italy. They found that removing pollution can produce an outcome of about 6,639 million euros in Gela and 3,592 million euros in Priolo as the monetary benefit price (Guerriero et al., 2011). On the other hand, allocated funds only receive 127 million euros and 774 million euros (Guerriero et al., 2011). This benefit policy has an advantage over the allocated funds that has been contributed to cleaning pollution. Although Guerriero et al.’s research and policy is focused in Italy, other countries can link their cleaning policies with the same method to increase monetary benefit