Lowering of mileage limit promote environmental moral hazard

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Reference no: EM132258544

The BP spill is projected to cost over $40 billion to clean up, and the Exxon Valdez tanker spill of decades past has rung up a reported $4 billion tab. One would think that incident prevention should be top priority with all proponents, that preventing incidents would be a key strategy to stay solvent. So why is it that executive management and shareholders often dodge the zero-tolerance approach to environmental risk?

Are regulations limiting liability of firms encourage risk taking in drilling regulations, oil and gas fracking?

Does lowering of mileage limits promote environmental moral hazard?

Reference no: EM132258544

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Lowering of mileage limit promote environmental moral hazard : Does lowering of mileage limits promote environmental moral hazard?

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