Examlex
A virtue ethics perspective requires a moral actor to look to the community that will hold the moral actor to the highest ethical standard and support the moral actor's intention to be a virtuous person.
Tradable Emissions Permit
A market-based mechanism that provides economic incentives for achieving reductions in the emissions of pollutants, allowing companies to buy or sell emission rights.
Opportunity Cost
The importance of the next preferred option sacrificed by deciding on a course of action.
Sulfur Dioxide
A chemical compound with the formula SO2, commonly produced by volcanoes and industrial processes, known for its role in acid rain formation.
Environmental Standards
Rules and guidelines set by governments or international bodies to protect the environment from harmful industrial emissions and practices.
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